A few months back, Doug Polkone of the best known faces in the high stakes circles, released a vlog talking about the realities of the life as a professional poker player. The topic lГ¶wen play casino playing poker for a living has been covered time and time again over the years, but looking at it from a fresh perspective and through the eyes of one of the best in the game is always interesting. Anyone wanting to play poker for a living needs to first decide on what they want to play. In his video, Polk breaks it down nicely, talking about popular online and live formats. Online tournamentsalthough hugely popular, are one of the toughest arenas, because of long hours and huge variance connected to them. There is money to be made for sure for a decent player, but that number is, on average, much smaller than most people would guess. Live tournamentson the other hand, are a better way to make money on the surface, but they have many expenses connected to them, which are discussed a bit later.
Hopefully things work out in the long run. Here's an excellent article on how all of this was motivated by the desire to return to the US market, and how it's likely that PokerStars will be back in it soon:. In the booming online poker business, Amaya will raise you billions. Although Full Tilt Poker is back up, it has failed to return to its glory days whereby you could have plenty of amature players watching the high rollers and taking a stab on licing lower stakes.
Obviously the higher games are less prevalent on PokerStars as this has always been the case for whatever makd. The law changes in the US. Since their removal the number of players on those levels has reduced as is the case across any level making it more difficult to find regular games.
That being said you can still find a lot livint promotional work being done on PokerStars and the popularity of Rush Poker has in some ways made poker more profitable than before, albeit you have iis adapt your playing style to a different form of play. So, I would say if you are prepared to adapt you can still make good money playing poker.
I will give you my encounter with online poker. I have had a difficult time over the past two years psosible a nice profit in online poker. The problem I have found is that mid stakes players have improved in their game.
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I find that the only time I am earning a profit is when a semi-regular player is on tilt and is making mistakes. Other than that, it seems the fields have really become solid. Now, occasionally, do you do get the odd weak opponent but it not nearly enough to make a decent profit IMO.
For myself, the time I spent playing versus the money that I made was not worth it. For that reason, I would not recommend it to any new comers to the game. If you are still wanting to come back and play, I would certainly begin at the lower stakes, NL. A lot of people have an understanding of game theory and how to play situations optimally.
Definately do some home work on that, but as I said it really isn't worth the time.
This is not an opinion-based answer. There are several websites where you can see all sorts of leaderboards for different poker games, different stakes, different game types etc. Players who make it to the living are making very nice profits. You can also figure out that all they do is play poker online - and that some never seem to have a holiday.
Their stats are public with exceptions. What I've seen myself is that those players who make the biggest profits are easy to find at the tables. They play multiple tables at the same time and they play against each other too. It's pretty much about luck when the regulars sit at the same table, but they're not worried about that as they make a profit possiboe.
Most pokersites have a rakeback program. That's actually how most high-stakes ih make a profit even if they seem to lose money at the tables. From my experience and talking to others I believe live poker is significantly easier to beat than online. If you compare live to online. Regards noline. True, every word is true.
Even though I don't take the game so seriously like you do. I play mostly for the thrill of the game, for its remarkable merge of psychology and logic. However, your logical chain of reasoning, scrupulous poker of every facet of the game is very congenial to me. Way to go. Good luck, Nathan! Nathan what do still think about the new Powerup game launched by Pokerstars?
It does attract significantly more new players but there are no strategies for it Guys, seriously, if you can please move to poker houses a house shared by other poker players where the people know what they are doing. I have never done it with poker, but I have online kind of experience with Starcraft 1 when I was fifthteen.
I had a friend who was already really good at the game among the best players of my country. This was around that time when the pro scene was coming to surface from Korea. Anyways, I loved that game a lot, but I could not afford playing too much at my home the make was expensive back then. My friend got one of the first ADSL connections at that time, and when he got two computers in his house, I was able to play with him and against him.
I was really bad player but I knew the basics and at first my friend crushed me every time. But then, I spent almost all my free time in my friends house playing like 12 hours in a day against him and sometimes with him against other players in makee. He was guiding stkll teaching me how to improve and what I was possible wrong.
This worked to me so well in Starcraft, that I see no reason why it would not work in poker as well or do you think its just a coinsidence that Elky, the sc legend is a great poker player too?This caught the attention of a former poker roommate I had in AC. He offered partnership with him starting a Vape Shop. We opened our doors in April of and it has been the most fulfilling experience of my life (career wise). I still play poker to pay bills as the business slow grows. I stick to 1/3 and 2/5 for the most part in the Philly area. Feb 12, · Playing poker for a living isn’t easy, and often isn’t all it’s cracked up to be, so don’t make any rush decisions In the online arena, things have become very tough. It is still possible to win, but you need to be prepared to work really hard and learn to Estimated Reading Time: 6 mins. Also, Spin & Gos, which are a HUGE hit among recreational players, are so high variance that it's borderline impossible for any serious reg to make a living playing them, ESPECIALLY with the high rake. As such, this is a serious blow for online poker.
Unfortunately I dont know personally any good poker players to learn from, but I will dtill use the opportunity if it comes! It is just so helpful when there are people watching your back, because this game can make tricks to your mind so you dont know if you are doing things right or not.
It will give you the clear direction where to go, and you dont have to second guess yourself you are rightfully so, because you know you are making lot of mistakes doing right now if you are not that good yet. Getting a coach is also good. If you want onlnie get really far in this game, I guess you must hire a coach at some point if you are not like a reincarnation of Stu Ungar.
I guess almost all the top pros of today have been coached by other pros at some point of their careers. I agree, if you are really serious about this game, a poker house could be the greatest thing ever for you. I know there are tons of them here in Thailand. You can find more in places like Mexico and Malta to name a few others.
All I did was play Starcraft 1 before poker as well.
Although I never had anyone really good to train with and I was never really that good anyways. Still love the game and follow the pro scene though. I even went to Korea to see it live last year! Hi Nathan. Thanks for writing this article. I used to play online years ago and returning to poker now I still see the bad play at the micro stakes and am slowly building my roll again.
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Ive really picked it up fast again and somehow my play is far better than before which is strange as I am way out of practice. Nice to see you are in BKK Thailand. I am here too and its gotta be one of the best cities in the world to live and close to all the other SE Asian countries if you want to travel.
Lots of traders like me who are running their funds are also here along with mae like you who are porker pros and also the whole digital nomad scene.
Im guna catch up with all your posts this weekend. Thanks mate!!! But when I try to beat NL25 and get schooled barely being able to make a 1. Do you think its worth fixing my online game? Will it benefit my live game enough to make it worthwhile? Have your books in between but haven't read them LOL. Hey 5th, First off, nice live results!
Online poker is typically more difficult than live. It tends to attract less pure recreational players. Also, with the speed of online poker it is harder to get "bored" and play bad hands like in live. So winrates are simply always lower online compared to live.Playing Poker for a Living in – Is It Still Worth It?
I think my books could probably help you increase that. Since you say I believe that you already have my books, I would recommend starting there. Thanks, yes I should be able to improve my result online but I suspect atill is a huge endevour. So the meat of my question really is if I increased my winrate at nl 25 how much would that reflect in my live results?
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If you think that educating the people would reduce your edge I agree why do you actually do then? Let me understand And, even if they are, they are far from having millions in their bank account. I'm giving away my 6-part course if you download it in the next 24 hours. Very impressed, has really made a difference to how I play my game from when I first started.
Definitely built up my confidence in the game and helping me to stop spewing off chips. For someone playing poker for a living and pursuing tournaments, these are a great opportunity. But, at the same time, they are very costlyand very few players are able to afford the buy-ins on their own. This means they get a part or the entire buy-in amount in exchange for a certain percentage of their winnings.
This further distorts the image, as many of the big winners on the All Time Money List have been known to sell their action. In the online arena, things have become very tough. It is still possible to win, but you need to be prepared to work really hard and learn to use software to select tables, track stats, and more.
Things have been changing for the better in the software department as of late, but seating scripts are still running rampant. Full Review. The tournaments are big and I play fast fold all the time since they added it to mobile.