Make Money Online Poker Reddit

1. If you want to learn how to make money playing poker online, you need to start playing small stakes, gather data, and gain experience. If you are honest with yourself and work hard on your game, the money will follow soon enough, and who knows - one day, you might even find yourself playing online poker for a living.
2. My brother is a professional poker player. He has a six figure bankroll, lives in a big house in Las Vegas with a bunch of friends, and travels all over the world. He is also one of the most disciplined people I know, at the table, and away from t.

I played online Poker nearly every day from the age of 15 to 18. When I started, I had several years of competitive Magic: the Gathering under my belt, so I understood the systematic process of learning a card game.

Unlike many other players who turn pro after a big tournament score, my poker career started with $10 on micro-stakes. It has been a long grind to where I am today, so I am very familiar with how poker players with modest bankrolls trying to move up stakes feel. Naturally when I decided to LiveStream, I thought that showing others how I did this would be the way to go. So I decided to walk this path once again.

Of course, I am not the player I was eight years ago, and it showed. Despite the games being a little tougher than they were in my early days, there is still a lot of people making a lot of big mistakes, and I breezed through the stakes to my $1,000 goal. I don't say this to brag but to demonstrate my initial objective: to show people that it isn't very difficult. I used a seven-buy-in bankroll management method (to move up or down). I didn't make any fancy plays (except for when I was trying to specifically teach a concept to the stream). I played a bit less than 10,000 hands of solid and basic poker, and that was all it took.

So, to anyone who is stuck in micro-stakes or simply wants to do this, I strongly recommend you watch all the 32 episodes in my YouTube channel. Watch one before your session for motivation or binge watch them, whatever your style is.

If you cant be bothered to watch hours of videos, then here is some pragmatic advice that I can give you after experiencing this grind again:

I completed this challenge this quickly because I know more poker than the opponents I faced. So your only goal is to learn more poker. It isn't growing your bankroll, moving up stakes, or anything else. It is simply to get better at this game.

Your bankroll is a tool to learn the game. Don't see it as money or goal or as any kind of metric. Lose any emotional attachment to it.

Despite what you read elsewhere do not use a conservative bankroll management (using 50 buy-in rule for micro-stakes is a huge mistake). The lower you play, the less you will learn. Moving up is essential for the learning process, but don't overdo it. If you lose your bankroll, you can't learn any more. So, I'd suggest something like 15 buy-ins to move up or down, and obey it religiously.

There isn't a big gap between skill level of stakes. Each stake higher is slightly more difficult than the previous one, don't be afraid, get frustrated, or be superstitious about a stake you have 'bounced' back from a few times.

When you are forced to move down in stakes don't feel bad about it. Again, your goal is to learn and only learn. It might help with these kind of distractions to use software to see the tables in big blinds and not money. That way, all the stakes will be the same.

I know, easier said than done.

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So, get to work and see you at the tables!

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Whether you play low stakes cash games or tournaments there is a ton of opportunity to make serious money. Even the average lower limit players can make $30,000 per year without much trouble. The time and effort you put in will determine how far your poker bankroll will grow. The more effort you put in the more you get out of it. On average for cash game players at 50nl-1,000nl, you can see steady amounts piling in per month both from rakeback as well as from profit.

Most low to middle limit cash game players will make about $1,000 per month just in rakeback. That is around $12,000 per year extra that you get just for playing poker. Live poker players don’t see this extra money each month and it is a reason why online poker is much better than live poker. The opportunity for growth is better and you can simply make more money online than you can live. Even if you have a lower win rate playing cash games, $30,000 per year is very feasible and you should often times exceed that by a nice margin. Here is where you also come up with your strategy for beating bad poker players.

Low to Middle Stakes Tournament Players

Most low to middle stakes tournament players will put in 50 hours or more per week and some weeks not show profit at all. The reason for that is because of the natural amount of variance in poker tournaments. You could easily go 100 tournaments without a big score or more. Tournament players often make their money from big tournament wins. Even if there are only 15-20 big tournament wins per year that could easily exceed $100,000 or more. Tournaments are very hard and take a lot more patience than cash games. Playing low and middle stakes tournaments will turn out to be a good thing in the end. You can crush these games because this is where tons of fish are in the online game. The lower buy-ins attracts bad players, and you can capitalize on this by learning how to progress through tournaments and beat the weak online poker players.

Low to Middle Stakes Sit and Go Players

The sit and go players are overlooked online, but they are there. Heads up sit and goes are one of if not the most profitable game online today. The whole key to learning heads up sit and goes is practice. You have to know the correct play and since you are playing almost every hand, you have to know when to give up and when to push forward. Heads up matches are often won or lost by losing a coin flip, but up to that point you should have been able to build a chip lead, so it isn’t really what it seems. These matches can be grueling if you don’t find the fish.

Where to Start

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To make money you should start off as low as the $10 level. Once you have had success there you can move up to the $20, then $33 and so on. These games will take you up as high as you let them. The range for what you can make per year will depend on how much mental stability you have as well as how well you can manage a bankroll. Some players will make $10,000 per year and some will make close to $200,000 per year. It depends on how much work you want to put in.

High Stakes Players

The high stakes players have no cap on what they can make per year because when sitting in the right game you can make a ton of money in a short period of time. When sitting in the wrong games you can lose a ton of money in a short period of time. Most high stakes cash game players can easily win with a definite level of consistency over a million dollars each year. The high stakes tournament players should also walk away with close to a million. For tournament players it more so depends on if they win the one big tournament or two for the year. You can lose a lot in tournaments over time if you don’t run well. High stakes sit and go players will win hundreds of thousands more or less over time with ease.

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The reason these players have success is because when a player wins a big tournament (like the World Series of Poker), they will always jump into try and beat high limit players. This will always be the case and the natural reason why sit and go players and cash players make more than tournament players. Also, they have more of an edge than tournament players do to make consistent money over time.