Thu, Jun 5, 9:03pm by Mia Chapman
Last Updated Tue, Oct 8, 12:08am
The best way to make $1000 a month playing online poker is to play low stakes cash games, but play at least NL10 and preferably NL25. You also need to stick to a tight and aggressive strategy and make sure that you are always table selecting. If you do all of this then it is possible to make $1000 a month playing poker.
Making the transition
Here at AustralianGambling we get what you’re going through, as experienced poker players ourselves, we know how demanding just the thought of making a living off poker may seem. It requires patience, and of course a bankroll sufficient to withstand your pocket aces getting cracked ten hands consecutively, but that’s just part of the fun. Profit can hold different meanings, but we’re looking to take your ‘I want to break even’ attitude into ‘I want to play for the riches’ and that’s extremely achievable, just ask the 1000’s of pro’s who consistently make a living off poker, all in the comfort of their home.
Why you should sign up now
Free money! Who can say no to that? Simply make a deposit to any of our recommended poker sites and they will give you a 100% First Deposit Bonus up to the value of $600. Just by signing up you have already made a decent profit and you haven’t even played a hand. Depositing into your poker account is as easy as the click of a button and all funds are fully protected and safe. Along with your deposit bonus you will also receive free tournament tickets which can be great ways to building a bankroll for a limited cost.
Making A Living Playing Online Poker
Where to go from here – You now have your poker account locked and loaded but you’re not sure how to manage your money and that’s a common problem that strikes new online players. With a wealth of poker tables to choose from, you must first decide on your limits. The small and big blind bets are clearly displayed in the lobby, alongside the amount of players at the table, average size of pot and speed of play. This is all vital information as a fast-paced player would prefer a table where over 200 hands are played in an hour. As time goes on you will familiarise yourself with poker players who you constantly see at the tables and this added information can only help your game in the future.
Making a profit
Once you have started to get a good rhythm at the tables, poker can become very profitable, very quickly. There is no telling when an action hand will be played out, but that’s all part of the game. Poker enables both patient and impatient players to thrive and it’s the reason why this former recreational game has become a world wide money making machine. A tip 99% of poker players will give is to play aggressive when you’re on a hot streak, and we couldn’t agree more. You are the dominant chip stack at the table and the word ‘bully’ is running through your opponents head. That puts you in a position of power whether or not you have AA or 2-7, and that’s a great way to chip away at the shorter stacks who simply can’t compete with your dominance.
Once you start to feel comfortable with the current level of blinds, it’s probably time to start moving up the ladder and increasing your potential value. Play bigger blinds and you’ll likely see players play a more timid style of poker. Why is this? Risk plays a major factor in everyone’s poker game and the more you bet, the more you are risking, naturally. But, in terms of making a short or long term profit, then increasing your bet size won’t negatively affect your bankroll if you play to your strengths. Conversely, if you’re riding out a cold streak, don’t fret, hang in there and the cards will take a turn for the better.
Multi-tabling and tournament play
Don’t feel as though you have to limit yourself to playing one table at a time. Some of the best players in the world play multiple tables, some even going as high as 18. As ridiculous as that sounds, that’s the extend some players go to ensure they make a profit and whilst playing 18 tables is hard to manage, playing 2-3 is perfectly manageable and it will increase your profit margin over time. When you have folded and you are waiting for the action to return, that time wasted is potential profit lost. Playing multiple tables will enable you to constantly look for the best positions to attack and therefore increasing your chances of winning.
Tournament play is another aspect of online poker and it can reap big rewards. You don’t need to fly to Las Vegas to play for the big prize, you can do it in your pajamas if you so wish. Tournaments are a great way to turn a small outlay into a massive payout and the one-off payment is good for managing your account
Who makes a living off poker?
If you have ever watched poker on your T.V then you’d probably reach the conclusion that most poker players are university graduates with massive bank balances. But we all know of the financial struggles that students face, so just how did these guys make their millions? At one stage of their lives they were just like you, reading an article on the internet wondering how they can take their poker game to the next level. Without doubt or hesitation they launched into the game and they never looked back. Like any sport there have been players who haven’t made the cut, but if you are reading this article then you already have the passion to succeed.
The beauty of playing online is that anyone can play – the dream never dies – and you don’t find that in many other sports involving skill. The great names of poker are still playing strong but the new wave has stamped their authority on the poker world and it’s about time you joined them. Poker is a multi-million dollar industry where players are reaping the rewards that online poker produces. Since the online poker boom started the number of professional players has skyrocketed and nothing has since changed, so don’t miss out when you have the chance.
Make A Living Online
If you seek advice on how to properly manage your poker career then leave a comment and we will be happy to assist.
Video poker is one of the best ways to make a living in a casino. That may seem impossible to the average person that only gives action to small casinos or the Las Vegas Strip. There are thousands of advantage gamblers in the world that make enough to support them from video poker play.
Basic Strategy Imperative to Learn
Learning the basic strategy of any video poker game that returns at or near 100% is the first step in making a living playing video poker. Our video poker section shows the best play for the types of five-card hands that are dealt in video poker. It is imperative that you not use these plays on machines that do not offer full-pay tables. Some of the moves will change if a full house or flush pay lower than the 100% games.
It is one thing to know how to play. Most casinos do not offer 100% games, and when they do, they are usually for VP games that are tougher to learn. It is nearly impossible to find one on the Las Vegas Strip. A couple of Atlantic City and California casinos offer these. Check out VPFree2.com to find out if the casino that you are visiting offers good video poker pay tables. If they do not, you should not expect to win unless you get lucky.
Getting Video Poker Comps
The Las Vegas locals market is the best place for quality video poker in the world. There are more than 100 video poker machines in Lad Vegas where the pay table returns more than 100% when five coins are wagered. Some games, like 10/7/5 Double Bonus and 10/6 Double Double Bonus, are offered in denominations as high as $1. Full pay Deuces Wild and Joker Poker are common up to the $.25 denomination. These machines also add 0.05% to 0.1% in cash back on the play when a rewards card is used.
It is possible to get mailers with more free play if you give a little action to other games on a visit. This is known as cover play and may help keep you from getting backed off. This type of play can generate offers that may otherwise be withheld.
The cash back is just a sliver of the overall return that can be added to video poker. Expert players know there are promotions that can return far more than a small fraction of a percent.
Many casinos offer point multiplier days. Players that pay attention to mailers or log into players club sites will see special days where more points are awarded. This can be anywhere from three times to 10 times the normal amount. The catch on point multiplier days is that they normally do not apply to the games that return more than 100%. Point multipliers do apply to games that return just under 100%. The goal for the video poker advantage player is to find a game like 9/6 Bonus Poker Deluxe at a Boyd Gaming property or Triple Bonus Plus and Not-So-Ugly-Deuces at a Station Casinos’ resort.
The points can be converted into comps at Boyd at full price or free play at two-thirds the value. Station Casinos points are redeemable for cash back. This requires a visit to the Boarding Pass players center. Free play may be claimed directly on the machine, except for the 100% games.
Some casinos hold drawings based on the level of play during the promotions period. This can be a few hours, a full day, or a week. Every so many points receive one ticket into a drawing with these promotions. Winners can receive free slot play, cash or big prizes like a car. Another form of promotion along these lines is hot seats. That is where an active player is declared a winner from the promotions system. These types of drawings are typically awarded every 15, 30 or 60 minutes.
These types of drawings and hot seat promotions are more common at smaller casinos. The problem is that sometimes there are few or no video poker games worth playing. Video table games are often a great alternative at casinos without quality video poker. Those devices often participate in promotions.
Progressive Video Poker Jackpots
Progressive jackpots are one of the better ways to advantage play video poker in markets where there are no full pay machines. Casinos in remote areas with little or no competition often offer progressive jackpots on a royal flush to entice players to give action to machines that are otherwise give poor returns. These do not always hit when they should and can run up well into positive expectation, especially when combined with other promotions. These can be few and far between.
A 7/5 Bonus Poker game with a progressive would require a royal flush progressive of just over $2,000 to return more than 100%. The same goes for 9/6/5 Double Bonus and 9/5 Double Double Bonus. These are the most common progressive jackpot games. Keep in mind that any jackpot of $1,200 or higher will generate a W2G tax form.
Video Poker Quality Not What It Used to Be
It was much easier for an advantage player to make a living during the 1990’s. That is because the pay tables nearly all returned more than 99% during that era. The reason for this is because sites like Wizard of Odds did not exist. Players had to learn video poker strategy on their own without the help of experts and computer programs.
Some casinos still offer these machines from decades ago. Many are found in Las Vegas. Downtown casinos like Plaza, Main Street Station, Fremont, California and El Cortez spread coins from nickels to dollars. Locals’ casinos like Jerry’s Nugget, Poker Palace, Sam’s Town and Railroad Pass also have coin games with great pay tables.