Page 23 - This is a discussion on Poker profitable? Or not? within the online poker forums, in the Learning Poker section; Unfortunately, I have not really profitable. I usually paid 50 usd. but I'm losing end of the month. It was bigger prize you? If so
I believe that poker is by no means a profitable activity. Poker brings a lot of experiences and nerves into our lives. If you manage to win some major tournament, then you feel an inner devastation and for a very long time you cannot tune in to everyday life.
The big problem with online poker cash games is variance. In online poker, winning 5 blinds on 100 hands is a very good value. But the variance in poker has brutal effects when you have a low win rate. The variance in poker is said to be 100 blinds per 100 hands. If your win rate is 5 blinds on 100 hands, which as I said is a very good value, then you can be 95 blinds in the minus on 100 hands! You have to play a lot of hands to even out the variance. For someone who only plays 2 tables for 2 hours a day, it is impossible to beat the variance. You must play 20 tables for 8 hours a day to beat the variance. Then you play so many hands that the variance doesn't matter. So you get your win rate of 5 blinds for 100 hands.
If you cannot do this because you have a full time job then online poker is not profitable for you
I’ve already given up half-time to ever have a stable, acceptable income out of this. If something trickles down later, of course I’m happy about it, but I wouldn’t chase dreams like that for now. I’m glad I haven’t failed so much so far, but from now on I’m very restrained and mostly only play freerolls.
I think very few can realy make stable income playing poker. You have to be really tough and have full control of your emotions. Focus only on a process of making good decisions and taking every opportunity to win more and lose less, not ever focusing on what what you get from playing. You really have to love the game.
I like to gamble
I'm even on Lotto having won $15,000 a few years ago.
In poker I'm ahead, but I don't get carried away. That is when you will lose. So poker for me is profitable, and that is the only gambling I win at.
I did quite good on horses for a while, but I'm in a dreadful slump at the moment.
Sports betting was good but again I hit a bad patch.
Play poker very carefully, don't join the retards and say it is rigged, and yes poker can be profitable.
Most of all my advice is to learn the game in depth, before you start spraying money around.
__________________ Empty your mind of expectations and look! Seeing what everyone has seen and thinking what nobody has thought"
For the majority of people (myself included), I would argue that poker is not profitable, but an enjoyable leisure activity that costs money. This is because to continually beat the odds and overcome the variance, you need to constantly study and become well-versed with new poker methodologies. That way you become the best in the game and continue winning.
Today was suffering on NL4. I'm playing at 6 Max and I'm sitting for $ 4. Then it doesn't take about 5 minutes and I'm in $ 4 again (They've been picked up) ... Then I moved to NL10 for 6 max I played a few hands and then stopped.
It is certainly very profitable, when you have the discipline to always play the same tournaments without compromising your bankroll and turning a lot in the medium to long term it becomes profitable to play right.
l play poker more that 10 years and frts 2 years for me wpoker was very profitable. but after that l stop learning and inprouving my game and start playing one tournament pro week for fun. l start working in very good firm and poker for me now is hobby.
Of course it is profitable, what is the question? It brings a stable income if you play well. Here you need to think, be able to read the opponent, see the table. Well, luck is also needed, without it in any way.