online poker is beatable, i am living proof.
no im not a millionaire, i didn't say it was a route to easy riches
i have a couple of basic rules which works for me and might not work for others
my first rule is, never play cash games, i only play large-field tournaments which offers a poker player the largest potential reward for the lowest possible risk. I'm all about risk-to-reward. Cash games are high risk for low reward which is the exact opposite of tourneys.
my second rule is that the entire key to a successful tournament career is proper bankroll management. continuing along my "risk-versus-reward" theme, we never want to risk very much of our bankroll while chasing the large pot of gold at the end of each tournament rainbow.
If I have 100 dollars in my bankroll, I'm probably only going to play dollar tournaments, which is 1% of my roll. If I can increase my bankroll to 200, then i'll move up to play in some 2-dollar tournaments while still playing my regular dollar tourneys too.
Assuming your poker skills are good enough, just following these two rules ought to be enough so that you will never go broke.
Additional guidance I recommend is to always look for the highest value tournaments to play in. For me, I want to play in the biggest tournaments I can find, because those offer the highest potential reward for the risk (our risk is the amount of the buy-in)... so if there are multiple dollar tournaments running, and one of them has a 500-dollar guarantee and the other one has a 2000-dollar guarantee, I'm always going to play the 2000 tournament instead of the 500, for obvious reasons. Some will try to tell you that the 2000 tournament is going to be a lot harder to win than the 500 tournament will be, and certainly there is some truth to that line of thinking... but I ignore it. I am quite confident that I can win either tournament, so why not try to win the one with the larger reward-to-risk ratio?
The last thing I'll mention is the word "Volume"... which means how many tournaments we play each day or each month. Even though tournaments pay high rewards, we're not going to win them very often... even for good winning tournament players, the "hourly win rate" is small... and therefore, the way to make profit from a small win rate is to multiply it, by playing a LOT of tournaments. The more tournaments you can play, the better. Of course there is a limit, don't try to play 10 tournaments at the same time if you've never done it, because you will not play well in any of them due to the constant distraction of tables popping up. I will typically play 2 tournaments at the same time, and perhaps as many as 4 on a Sunday afternoon... but no more than that. But multi-tabling tournaments helps us to multiply our win rate, so play as many tourneys as you can handle without it impacting negatively on your play. Good luck at the tables!!
P.S. I have never deposited real money onto any of the
poker sites I play on, I win a small amount via
freerolls and then grind it up from there in order to build my bankrolls. As an American we've been banned by our government from playing for real money on
poker stars so I can only use the play chips there, but on both ACR and BetOnline I've been building up my bankrolls using the methods outlined above and I've never gone broke yet - that's why I say I'm living proof! Best wishes.