Making A Living Playing Poker Cash Games
I toyed with the idea of becoming a professional poker player when I retired from being a professor. I played online and did well. So I tested the waters by going out to Vegas for a month and playing. I did not have any problem making money.
There are many ways to make money on the web, and online poker is definitely a legitimate one to do it. In fact, there are thousands of professionals who play online poker on a daily basis and earn good money from it.
Therefore, to answer the topic question right away — yes, you can make a living by playing poker online. However, that’s not the right question to ask at all, so let me make a little correction right away.
- Make a living playing poker is hard but practically you can make over $1,000 every month from online poker cash games without being a professional poker player but with proper commitments & right strategies. Learn how to start a poker career and the best way to be a professional cash game poker player in online poker rooms to establish the side income stream or even full income.
- This means it may take a player longer while playing online poker games before earning money for a living. A player must train and acquire the necessary skills, strategies and tactics of winning. A player must ensure he has a manual to guide him at his initial stage before playing the ones that requires placement of bets.
The right question should be this – How hard is it to make a living by playing poker on the web?
Now, this is definitely something that you’re not going to like. It’s pretty difficult and requires a lot of practice, dedication, and sacrifice.
Poker player Adrian Sterne from Top10PokerSites.net published a well detailed article on making a living by playing poker online. Feel free to check that out if you want to learn more.
Online Poker Is a Job
Can You Make A Living Playing Video Poker
One thing you should understand is that making a living by playing online poker means accepting that this type of activity is a job at which you have to perform exceptionally well to earn your wage.
Therefore, if you consider it just an interesting pastime, you might earn some and lose some, but you’ll not be able to make a living out of it. As soon as you understand that you have to devote your time, energy, and money to it, you are on the right track to become a professional poker player.
Understand How to Earn from Online Poker
Earning from playing poker means understanding the way money flows within this game.
The first thing you should take into account is that the majority of people play it for fun. Some might be good at it, but the reality is that many of them are fish. Aiming for fish is something that all professionals do, as that is almost a certain profit. Players who understand how to play against new and inexperienced players have a firm ground from which they can take off and play poker.
However, playing against fish is definitely not your main source of income. Once you have enough capital to invest in the game, you would be able to see higher returns. Simply put, playing low-stake tournaments and cash games is not as lucrative as playing high-stake ones. If you’re good enough to beat opponents at high stakes, you can earn more money.
One of the important things you immediately need to understand if you want to earn money from online poker is that variance shouldn’t affect you. Professional poker players know that they might lose their entire stack and are ready to make such a loss on a short-term basis.
In other words, they accept that the element of luck is an inevitable factor in playing poker and that they will have periods when they lose more than they win.
It’s Often Very Risky
No matter how good they get, every professional player on the web who earns a lot of money this way is ready to risk. When you think of it, the risk is an inevitable part of starting any business. In fact, it’s a part of life and, as such, it’s present in the game of poker.
Imagine starting a business that offers products for professional athletes. You started it in December 2019 and your business began booming right away, as top-rated athletes have been buying your products. Then, all of a sudden, a pandemic kicks in, pulling all sports events to a halt. You’re out of money, but that was the risk you were willing to take.
The same goes for poker. Although pandemic might not really affect it, there are many ways that can make you hit the rail before you even start. The good news is that the more you practice and the more you study, the element of luck would have a lesser impact on your game.
You’ll Have a Lot of Studying to Do
Being a successful online poker player is something that requires you to watch hundreds of videos and read dozens of books about poker. Poker is a simple game on the surface, and it’s definitely entertaining to play from time to time.
However, there’s a lot of theoretical knowledge that you have to acquire before you can call yourself a professional player. Many great poker players, such as The Godfather of Poker himself, have 'written useful books ':https://www.goodreads.com/book/show/16572.Doyle_Brunson_s_Super_Systemthat are often regarded as obligatory reads for all players who want to go pro.
What the majority of these books deal with is mathematics, and the sooner you accept that fact, the better you’ll become. Playing poker on the web as a professional means dealing with a lot of numbers, stats, odds, and whatnot. It means being able to calculate the best possible outcome of your hand and make the mathematically most accurate decision.
Making A Living Playing Poker Cash Games
It takes time to master that. I’m not talking about days or weeks — I’m talking about years and years of experience. You don’t really have to be a talented mathematician to do it, you just need to understand these processes right away and apply them to your online poker sessions.
Final Thoughts: Professional Poker Is NOT for Everybody
Like it or not — we’re born with certain talents. Although I agree that the talent is 2% and hard work 98%, I also understand that those without that 2% of talent would never be able to perform at 100%. Sadly, earning in online poker to make a living requires being at the top 10% or at least the top 20% players on the platform you’re using. To do that, you need to have at least some talent.
But what exactly is a poker talent? It’s the skill of being able to read people and their actions. It’s sometimes more like intuition than a skill. This can be learned with time, but some people would require much more time to master it than others. Sadly, some players never master it.
Therefore, the best approach to playing online poker is to accept the fact that it’s not for everybody. It requires a specific combination of talent and hard work that only some people have.
The last card has been dealt. I stare at the final board. I have the best hand possible. My opponent goes all in! I call and win the huge pot! This is an experience I have had many times, and so have all professional poker players. The problem is this does not happen every time I sit down and play.
Online Poker Cash Game
Do you want to make money in the long run and not rely on luck? Do you want to sustain a career playing cash games? If you answered yes, then chances are you want to be a professional poker player. The key is to treat it like a career and act like a professional. I have included 4 major tips to help keep your eye on the prize and win the most money possible over the long haul.
PUT THE WORK IN
This cannot be faked. The days of showing up to the table and just waiting for a huge hand to double up with are long behind us. Of course, this can happen, but remember, I am focusing on winning over a long period of time. An easy way to start is by tracking your sessions…
I like to keep a detailed spreadsheet on Microsoft Excel that includes all of the important facts: the date, time of day, how long I played for, which casino I played at, what game I played, how much I won or lost and any specific notes I want to keep. Those notes can be general about the session or about specific hands. Remember to include all of the details of the hand. “My pocket eights lost to his Ace-King when we were all in pre flop.” That is not enough information for me to later review that hand. “He raised to $20 from early position, and when it folded to me I re-raised to $65. Having more chips than me, he went all in and I called for my remaining $700.” A note like that would give me an opportunity to fairly go over the hand at a later time.
If you do not like tracking everything on a computer, do not worry. You are in luck! Apps like Poker Mate and Poker Income can keep all those important details at the tip of your fingers on your mobile device. I included a direct link to where you can download the free or paid versions of these awesome poker session/income trackers.
Putting the work in goes far beyond tracking my sessions. I must be diligent in the way I approach the game. When I am not at the table playing, I like to watch videos of other professionals discussing strategies or specific hands. Listening to a highly skilled player talk about a hand is a great tool to help advance the way I think about a hand. Check out this link, and you will see what I am talking about.
Find a comfortable routine that works for you. In all walks of life, working hard is the best way to get ahead of your competition and be the best at your job. Playing poker and grinding out cash games is certainly no different.
BE HONEST WITH YOURSELF
The example above when all the money went in before the flop with pocket eights vs. Ace-King helps explain another point. When I am reviewing a hand, it should serve one purpose: Recognize mistakes and take what information I can so I will improve for next time. Being a professional includes not blaming my losses on others’ poor play.
I do not review hands to tell myself I played perfectly and was just unlucky. That does not serve a purpose. Be responsible for the decisions you make, and be willing to consider other options if they make more sense. When I’m in that scenario next time, I can conclude that calling an all-in for $700 with a pair of eights when I only had $65 invested was probably a little bit too aggressive on my part, to say the least. Saying, “I knew he had Ace-King and I was ahead. That’s so unfair I lost when I knew what he had” unfortunately does not win you the money nor does it help you get better. Be aware that he probably had Ace-King or a bigger pair than eights anyway, and proceed more cautiously next time calling a large all in bet at the live tables.
You need to be willing to make changes to get better. Telling myself, I am only losing because everyone else is playing so badly is NOT BEING HONEST WITH MYSELF. I need to take the necessary steps so I am fully prepared for any situation that may come up during a hand. Discussion about hands really helps.
Try and find a circle of friends that play professionally. When I discuss poker, I enjoy discussing it with players who are better than me. I am not there to tell them my bad beat stories about how unlucky I got in my last tournament. I am there to listen with open ears, to ask questions and to be exposed to new concepts. I am there to learn and get better.
Being true to myself cannot be stressed enough. It is easy to whine about a bad beat, wondering why I was so unlucky. Being a professional means eliminating that way of thinking from my brain. Focus on what can be controlled. How I play and how I react is what really matters in the long run.
GAME SELECTION
As you get better and start playing in games with higher limits and higher buy-ins, game selection will become very important. This is the time to check your ego at the door. I am here for one reason, and that reason is to make money. Of course, I want to enjoy my time and meet new people. However, the bottom line is to walk out with more money than I came in with.
Game selection is about choices. This goes further than just picking which table to sit at once I get to the casino. Game selection includes which day I play, what time of day I play and which casino I go to. Chances are that a poker game will have more action and be livelier on a Saturday night at the Bellagio then at Red Rock Casino on a Wednesday afternoon. This is not to say I cannot find a good game during the day and during the week. Nevertheless, recognizing where I have the ability to earn the most money is important when planning out a schedule.
It is hard to imagine maintaining a long career playing cash games without planning a schedule. Everyone can do this their own way. I like to sit down on Sunday nights and write down on a calendar which days I am going to play with an approximate time slot. I do not need to pick the casino and game days ahead of time. I rely on the Bravo Poker App for that.
This app is a MUST for a cash game player. Before I decide where I want to play, this app allows me to click on each poker room and see a live look at their cash game screen. I can see how many tables (of each game) are running and the wait list for each game! Call the room and add your name to the list. It is that easy!
Now that I have decided where I am going to play, the work is still not done. Showing off and trying to act like a big shot is not why I am there; It’s to win money. I will look around at the available games and decide which open seat provides me with the best opportunity to win.
Sitting directly to the right of a very good and aggressive player is something to avoid. They will put a lot of pressure on you and constantly put you in uncomfortable situations. If you see players that have a lot of chips and are playing aggressively, try and sit to the left of them. Positional advantage is a complex poker term, but do not feel overwhelmed. All it really means is having the ability to make decisions AFTER you see the crazy player make his bets or raises.
Beating cash games in poker is a job. Like any other job, I want to give myself the best opportunity to be successful—in this case, to win money. To win money at poker, I need to understand the whole pie. Practicing proper game selection is a big slice.
BANKROLL MANAGEMENT
This is not the sexiest thing to talk about, but if you want to make a living playing cash games, you need to understand the ebbs and flows that the game brings. Poker is not like other jobs with steady paychecks. If I make eight thousand dollars in one month, chances are I did not make exactly two thousand each week. You need to understand and be prepared for the times that you don’t make money.
Setting aside my poker bankroll is important, especially during the early stages of a career as a cash game professional. I want to make sure I can always pay my bills, have food and take care of my personal responsibilities. If that means dropping down in stakes or skipping a big tournament I wanted to play in, then so be it. Playing cash games for a living means being a professional. As a professional, you need to be responsible and aware of the ups and downs that will continually happen.
Making rules for how much money I need to have in order to play certain games is not an exact science. It really comes down to personal factors. When I was in college and single, I was not as conservative as I am now. If it did not work out, I was young enough to start again. Fast forward to now: a thirty year old engaged, car owning, bill-paying version of myself. I have no choice but to be more conservative! The point is that no matter what point in life I am at, I must know my boundaries.
I want to feel comfortable when I am playing cash games. I never want to feel like if I have a bad day, my entire bankroll will be tragically affected. This is not to say I do not get upset when I have losing days, but I am content with losing the amount I risk before I sit down.
Live Poker Cash Games
Knowing I have at least forty buy-ins as a bankroll is a nice rule of thumb. It ensures me that I can overcome a bad couple of days or a rough stretch. I can regroup and rebound without having to borrow money or not pay my bills. To further explain that, if I want to play in a cash game and buy in for $1,000, I should have $40,000 available to my poker bankroll.
CONCLUSION
Cash Games Poker
Beating the cash games and being a winner year after year is a test of survival. It does not require me to be good at just one thing. Realize that it takes maturity and patience to overcome all the curve balls that will be thrown your way. A professional athlete has to take care of his or her body to be prepared for events. A CEO of a toy company needs to make sure all of his or her employees are on the same page and working together to produce the end product. As a professional cash game poker player, I need to be aware that it is not just about sitting at the table and trying to make a hand. The more I can understand and appreciate the hard work and sacrifice it takes to be great, the more successful I will be.