Poker is a good idea to make money?

[hamon08]

Poker is a good idea for earning money only if you are ready to give it almost all your free time. I mean, you should play it for at least 4-5 hours, and if you play tournaments, you will have to spend 10 hours a day on poker. You also need to constantly learn and improve your game, work with a coach and so on. And then poker will really bring good earnings.

 

[mtmigmike]

If you have a talent for poker, then you can make money, if not, then you will only waste money.

 

[julio gonzalez]

Hello the best idea to earn money is to work. Then playing poker and earning some money is fine. I do that supplement my salary with some earnings in poker.

 

[Dushka]

Good luck to you this year and big prizes

 

[ObbleeXY]

I think most of us start poker playing it casually for fun. It doesn't really take that much time and effort to become good enough to be a profitable poker player. However, being profitable and being able to survive on your profits are two totally different things.

Yes, there are lots of professional poker players out there...however those pros are earning their living off all the others who fancy themselves a player, but are really just recreational players with more money than sense.

Poker as a job is a grind. But at least with online poker, you can increase the volume of your play compared to live cash games and tourneys.

THink about it. You play poker now...do you earn $40 per hour when you play?
Of course you don't (yet).
So what would it take for you to make it as a pro?
How would you get to that $40 and hour expectation (especially considering the swings and variance)?

• Find a game where you have an edge.
• Calculate across those games, what your average winrate per hour is.

Let's say, if you play one game and your hourly winrate for a cash game is $5.
That means that you need to be playing 8 instances of that game simultaneously, without your edge degrading!, in order to make your $40 per hour.

• Start with the micros, moving up stakes according to your bankroll management rules.

So you're playing volume games then...what next?

• A HUD is an absolute must for an on;line pro. Poker Tracker 4, Holdem Manager 3...something like that.
• Keep extensive notes on your opponents, ideally in the HUD software.
• Learn about all the various stats. Be able to calculate a few critical ones in your head on the fly
• Learn your positional push-fold charts (for tourney players)
• Review your performance after each session
• Identify and plug your leaks
• Identify and improve around your under-achieved value.
• Re-read about folding.
• Fold more.
• Check more.
• Check raise more.
• 3-Bet more.
• Fold even more than that.

Made it to here? I think you're starting out on the right track.

Regards,
JT

 

[Rosylly]

The main problem in poker is that it's considered a gambling and treated the same exact way as casino or betting, so you may have problems with withdrawals, room may leave your country in any moment, not verify your ID etc.

 

[VVi10]

I think that you can make some money with poker, but in my opnion you need to put as principals objectives learn, study and understand the game so the profits will consequence.

 

[TeUnit]

I think 90% of poker players lose money, and 85% of them are in denial.

 

[dompoker]

Yes, but you need a lot of money to win money in poker.

 

[Pokerpoet2]

In my humble opinion, Poker is just a Game, a Hobby I can put down whenever I want a break. If I chose to use it as a way of making a living from it, then the game would stop being so much fun and become a Job like any other 9 to 5 job.
No Thanks! I have done my bit already.

 

[markdias]

If you don't have your head on straight, playing poker is a good game to lose money... Here's a tip!

 

[odonob]

Not sure it’s a good idea due to variance. A good idea would have some margin of error or guarantee of a stable income. Even pros make huge losses so could not recommend as a career. Some do seem to manage it however.

 

[Four Dogs]

Exactly "If you're lucky"! You can make some money, you can even make good money but there's hardly anyone making "lots" of money without some degree of luck. All the biggest names in poker are making their money off of endorsements, blogs, podacast and training sites not many making bank of of cash games or tournaments. Even the ones that seem to eventually get run over. Take Rampage for example. One bad night and he's back to grinding 1/3, (probability not really). D'Negs one of the best tourney players in the world lost 2 million last year. Even if your that good, can you sweat that kind of variance?

I think you can make a living grinding 2/5-5/10 but don't expect anything more.

 

[Rachidao]

If you are a good player and has the determination you can win a lot of money.

 

[CNeagu46646]

on line poker is for funn

 

[MF.Brn]

Who says it's you, how much time do you dedicate, study, play and learn? You choose whether it's just fun or a job, the difference is your dedication.

 

[userX]

I don't think it's a smart decision to rely on game income. Poker can be a source of additional income, but you should definitely not make poker the only and main way of earning.

 

[nasty bent gorilla]

It's a good way to lose your money, and do your brains in! Players beware!

 

[TruthFruit]

I think the answer to your question would differ depending on what you mean by "making money". Just paying the bills or getting rich ?
While it is certainly possible to make a decent living out of poker, there are probably less than 20 players in the whole world who are actually making yearly net earnings in the 7 figures. That's extremely few.

And considering the size of the pool of players around the world, there could be, let say... about 15% of them who can actually earn a living out of playing. You COULD be one of them. But it requires a lot of dedication, that's for sure

 

[Veralt]

It depends on how well you play poker. If you start playing with that goal in mind, it's not wrong, but from the beginning, you have to be realistic and understand that only a minority manages to make a significant amount of money from poker. I think it begins to be a good idea to consider it when you are achieving good results or, at the very least, you are not incurring losses.

 

[Luvepoker]

Poker can be a good way to make money but the question is are you willing to study and really learn the game to become a winning player. Most people dont put in the work and never win much or never become a winning player at all. Most poker players will never even break even.

I think 90% of poker players lose money, and 85% of them are in denial.

Absolutely true, especially the denial.

 

[ledsmith]

I think it is better to acquire a good profession. Leave poker as a hobby, but that’s just my opinion.

 

[Matt_Burns88]

Yes, it is a great way to make money. It's a fun enjoyable game, that you can win money from.

Is it a good way to earn a living? Only for a very few people. The trouble with poker is you basically need to be financially free to commit to a life of a poker pro. You need to have enough money set aside to be able to pay your rent/mortgage, bills, food, etc, for a minimum of 6 months. Tournament pros can easily go on 6 month downswings. That's tough on anyone, but when your family is relying on you putting food on the table, that's a whole different story. It's why a lot of poker pros also have different revenue sources that are more stable and steady and reliable.

 

[sidd4rt4]

you can win a lot and lose a lot

 

[s0ftdumps]

People who make a living from poker don't play to survive. People who live off poker money do so because they already lived well and had money to participate in tournaments. Anyone who thinks that using their savings, which are the basis of their household budget, will be successful at poker could create a major financial problem in their own lives.

relying solely on poker for income without a solid financial foundation can be risky. Successful poker players often start with a financial cushion or have already enjoyed financial stability before delving into the game professionally. Using savings meant for essential expenses to fund a poker career could indeed lead to significant financial challenges. It's essential for individuals to approach poker or any form of gambling with caution and to prioritize financial stability and responsible decision-making.