How profitable is online poker?
How profitable is online poker?
WagerX Online Poker Reviews How profitable is online poker? Written for WagerX.com July 2008 With so many new online gamblers drifting over to the poker rooms to try and win some money, several players are asking the question; “how profitable can online poker be?”Poker is far different to the majority of casino games because instead of playing against the house, you are playing against the other players at the table. The house or poker rooms are obviously profiting from your play through the rake they take from each pot, but the odds of each situation will not be in favour of the house, because any money that you win or lose will not directly come from them but from your opponents. This means that poker can actually be a profitable game in the long run, whereas in other games like craps and roulette, there is no possibility that you could be a long-term winner.As with most casino games, there is an element of luck incorporated into the game of poker. However, there is also a vital element of skill that you can manipulate by the way you bet your hands. Therefore some players can make better decisions than others, and so they will be able to win more money from the game. The more you improve your skill in the game of poker, the greater opportunity you will have to win money and make profitable decisions at the table. So with the correct knowledge and ability, there is no reason why any gambler can’t win money from poker on a regular basis.Now this is where the interesting question arises… how much money can potentially be won from poker? The amount you can win from the game is almost limitless, as there are numerous poker pros making hundreds of thousands of dollars everyday from simply playing cards. If you don’t believe me, head over to a top online poker room and check out the high stakes tables. It is not uncommon to see pots in excess of $100,000 exchanging hands at peak times.Obviously this is not ideally going to be attainable for the new players to the game, but there is no reason why this level cannot be reached over time. However, to become a successful winning poker player it takes time and effort. You will need to practice regularly and read up on good strategy. Texas Holdem is currently the most popular game as it is easy to pick up, and you should have no trouble finding good Texas Holdem strategy on the Internet and from books. By reading and learning such strategy you can improve your game and learn how make each individual decision at the table profitable.If you are new to the game and you are in full time employment making an average wage, it is perfectly feasible that after a few months of learning, you could be pulling in a couple of hundred every month to supplement your income. The only restraints from making money are the amount you have to gamble with and your ability to play well. As your ability improves, your winnings will increase. Then as your winnings increase, the amount you can play for will increase and so on. With the right amount of dedication and effort, poker could potentially be an upward spiral of success and winnings over time.
