Earning from online poker
Publish date: August 8, 2021

Hey, poker playas!

Due to the lockdown and needing to have a side income. a lot of players are shifting to online poker.

Should you?

There are a lot of good and bad things about dedicating yourself to poker. but it can be profitable only under the right conditions.

Regardless of if you are coming in as a player. agent or club owner. 

But if you want to do it make sure you find the right partner/poker site/club.

here a quick guide.

Studying your choices

First. you do have a choice. there are a lot of poker sites and clubs. but understand the world has also changed. 

Do not be tempted on the rakebacks!

A lot of people usually asked for big rakeback. If big companies like PokerStars suddenly introduce rakebacks. of course, that would be good. but if a company is still small and offers huge rakebacks. it might not be that good. 

Companies or club owners still need to make a profit. If a company does not have a good number. then it would be difficult to maintain operations.

One big poker network before was highly dependent on its rake back to attract players. but changing to a point system actually helped them be more competitive and more known.

As a poker player, do you play poker for rakeback or for you to win?

What else do they offer?

Do they have tournaments? do they have bot detection system? cash out system? do they have reliable agents that can assist you?

Cash game or tournaments?

If you play poker, there are two ways to earn. grind it daily on the table on a specific amount or hit the big tournament and try and hit it big.

but a healthy way of doing it is balancing it out. cash games is like the one that can sustain your daily needs while the tournament is that one big win. 

Cash game

Cash games have been difficult lately, due to the invasion of bots and collusion among players.

Hence choosing a good site is number 1.

After that. ask yourself how much do you want to earn per day. how much is your bankroll?

After figuring that one out. Next, you must understand that discipline is very important in cash games online. Blinds are faster online. folding good hands becomes a must online. 

Understand when you hit your goal. you have to leave even when it is still early. it takes only a hand to wipe you out.

Tournaments

Tournaments are what is good online. Most poker sites offer big tournaments with small buy-ins.

There are only a few bots that play tournaments. there are but only a few. hence most players prefer tournaments.

However, it also means you are competing against other good players. 

Find the right tournament for you. it is not just about the guarantee but also how many players. what are the odds?

The number of players playing?

Example. 100k PHP guaranteed is quite normal nowadays. most of the time the buy-in is almost the same. 

However, there is a huge difference between playing against 1000 players and playing against 500 players. 1/1000 against 1/500 odds are different by nature.

Do not let ego distract you. If your goal is earning. then look for the odds that are better for you.

A perfect example is the WSOP online is being held at GG Poker, while USOP is ongoing. both have the same schedule.

Logically speaking. more people will play at WSOP. USOP might be a steal for this month. 

 

Conclusion

Metro Manila is in lockdown right now and other Asian countries are slowly moving towards it as well. 

You might need to adapt to earn money. but the best advice is always to look at all your options and study them carefully.

Always do your homework. We do want you to win.

Stay safe poker playas!

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