Making Money With Internet Poker – A Beginner’s Guide
Internet poker has grown exponentially over the last 5 years. What started as a few websites offering small penny stakes games with friends has turned into a multi-billion dollar international, and recently, political industry. Internet poker is a very viable way to potentially make millions, all from sitting at home. It is probably the easiest way to make money on the Internet. It is also probably the riskiest.
Poker is still gambling. There have been countless amounts of articles written trying to contradict that, but the fact is that every time you put your money out in a poker hand, there is a potential for losing it. That doesn’t mean however that you can’t make a profit from Internet poker. In fact, internet poker offers so many more benefits to players compared to traditional live casino poker games that many players can make 4-5x more money in a normal month playing online than playing live.
One of the riskiest parts of Internet poker that the majority of new players ignore is that they will lose. Veteran players will tell you that their losses are huge, almost as huge as their winnings. Of course a successful poker player will win more than he or she loses in the long run, but even great players can go on bad losing streaks that can last tens of thousands of hands.
This also brings up another benefit to Internet poker. Most of the major poker sites offer players the opportunity to play sometimes as many as 20 tables at one time. Although this many tables will eventually lead to more mistakes and less attention to detail, the sheer volume of play is more than enough to make up for that. A moderately successful player will usually win in average 1-2 “big bets” per every 100 hands. This means for example, that if they are playing $3/$6 limit poker, a successful player will win $6-$12 on average per 100 hands he plays. With Internet poker, its possible to play over a thousand hands per hour. Meaning that $12 can increase to as much as $100 an hour playing the same stakes, even counting the inevitable lack of detailed attention.
Internet poker has become a massive industry over the last 5 years and has made millionaires out of everyday people. With patience, a little math and a whole lot of trial and error anyone can carve out a very nice income playing poker from the convenience of their homes.