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Making a living playing online poker is certainly not for everyone. However, it can definitely be done. And for some it can be accomplished easier than you ever thought possible. Follow these seven steps and discover if making a living playing online poker is right for you.
1) Know What Games to Play
If you want to make a decent living playing online poker you must know what games to play. Yes, I can tell you which ones are more profitable than others but this decision is also dependent on you as an individual.
You personality and behavior traits are important ingredients to deciding which games to play. For example, if you are an impatient person don't play Free Roll tournaments. These tournaments usually take a minimum of fours hours to complete and the payout is very low for the time invested. You may be better off playing short-handed sit-n-gos.
On the other hand, if you're a fisherman who can sit out on your boat for six hours and not worry about even getting a bite on your line than big tournaments may be worth it to you.
2) Know Where to Play
Believe it or not some poker rooms are better to play than others. I have my list that I play at exclusively. But this has taken some trial and error and research to figure out. The reason I play at the rooms that I do is because, frankly, they're easier to win at. They have more inexperienced players that I can beat easily.
3) Use a Proven System
Flying by the seat of your pants is not an acceptable nor winning poker strategy. If you're new to poker it may be wise for you to do some research on different poker strategies to discover what works best for you. Don't worry you can always adjust it and update to fit your personality and playing style. But please understand you must have a system and apply that system if you want to win consistently.
4) Manage Your Bankroll Properly
Don't jump into a $100 sit-n-go 10-person table if you're just starting out. Get a feel for the game by playing at the smaller buy-ins and then move up the ranks to the larger buy-in tables.
I will say this. The money is made at the larger buy-in tables. For example the $30-$50 buy-ins. The reason? Because you don't have as many crazies as you do at the $5 tables. What I mean is anybody and everybody will play like a fool when they're only risking $5. But when they're playing with $30 or $50 they play a lot differently. However, they can still be beat quite easily!
5) Know When to Stop Playing and When to Keep it Rolling
If you're down on your luck stop playing for awhile. It makes no sense to keep playing when the cards aren't coming for you. On the other hand if you're on a winning streak play as long as you can. There is no reason to buck the trend when its going your way.
6) Schedule Quiet, Uninterrupted Time to Play
To be really successful in online poker you need to play in an uninterrupted, quiet setting. I do poker coaching for some of my students and it kills me when they have their two year old in their lap trying to play poker. How can the possible stay focused? They can't! Don't make that mistake.
7) Know What Time of Day to Play
Everyone is different here. Some say don't play during the day because that's when all the pros play. Others say don't play at night because that's when all the pros play. To me it doesn't matter when you play as long as you are following a sound strategy and system.
However, if you are mentally weak and need a perfect time of day to play. Test it out for yourself and then make a plan to play at that time every day.
Follow these seven steps and you'll be well on your way to making a living playing online poker.
About The Author
PD Laughlin is a successful professional poker player and publisher of http://Win-at-Holdem.com. He provides free information on Poker Skills, Strategies and Systems on his website http://Win-at-Holdem.com.
In poker, you place bets due to one of two reasons:
1) you feel you have the best hand and you want to increase the size of the pot or
2) you feel your opponent has a weak hand and they will fold if you bet.
Make sense?
Sure, you can add variations to the above but that's really what it comes down to. In order to maximize your winnings it's not how many pots you win but how big...
Online poker tells can be read just as easily and be just as profitable as being able to read someone heads up in person. Although you cannot physically see the opponent, there are many different things your opponent can do to give away his hand. A few things to look for are:
• The Whiner
When a person gets beat by a dumb play by his opponent, drawn out on, or completely bluffed,...
There is a saying which basically states that the game of poker can be learned in minutes and yet takes a lifetime to master. Yes, the rules are easy to learn. However, poker is a multi-faceted game. This means that it takes more than knowledge of the rules to walk away from the table a winner.
To excel in poker, a player must know about the other aspects of the game. A winning player must be...
Typical House Edge
Roulette (EU) Single "0" Wheel 2.7%
Roulette (US) Double "0" "00" Wheel 5.2%
Blackjack
0.6%
Baccarat
1.23%
Craps
1.52%
Above is a rough guide only House edge can vary on different bets - and some systems will let you tip the Edge in your favour explore the site to find out more!!!
GLOSSARY OF TERMS
ANTE
-Forced bet placed by all players in poker before the cards are delt.
BANKROLL
-The total amount of gambling funds available to you.
CALL
- A Poker player matches the current bet on the table.
CHECK
-A player can check in order to stay in the game but not bet.
DOUBLE DOWN
-In blackjack, it is the players option to double their original bet in exchange for just one more card.
EVEN MONEY
- A bet that pays back the same amount wagered 1:1
FACE CARDS
-The jack, queen, and king cards - any suit.
HIT
-In blackjack, to take another card.
HOUSE EDGE
- The odds are slightly in the favour of the casino to ensure income for the casino.
KICKER
-An odd high card held that doesn't contribute to a straight or a flush.
MARKER
-An established line of credit between a player and casino.
PAY LINE
- The active line or lines on a slot.
POT
- The total amount bet during a poker hand the pot goes to the winner of the hand.
PROGRESSIVE
-A slot machine jackpot that get higher every game.
PUSH
-Drawn game / tied hand.
RAKE
- The amount of money casinos charge for each hand of poker.
SESSION
- Amount of time spent gambling at any game.
STEAL
-A win in poker won by bluffing.
TRIPS
- 3 cards of the same kind.
WILD CARD
-Card that can be used as another card to complete a hand - Normally a Joker.