For many established poker professionals, online poker has been the gateway to the million-dollar business that can turn a talented player into a millionaire in a matter of months. Online poker sites often serve as a springboard for young players to build a bankroll with which they can eventually participate in high-paying online tournaments or live events and make their breakthrough there. Others are content to secure a significant extra income month after month by playing online poker. But how exactly can you make money with online poker? At what point is it worth quitting your job and making poker a career? Here you’ll find all the information on how to make money online with poker.
How much does a poker pro earn?
If your goal is to become one of the best poker pros in the world, you’ll want to know how much a poker pro makes. Here you can enter your current salary and find out how long you’d have to work at your job to earn as much as the best poker pros.
Please note that this is only the winnings of live poker tournament professionals and does not take into account online poker wins and losses.
How much does a professional online poker player earn?
While only a few players truly take center stage in the live poker scene, it’s estimated that more than 10,000 players worldwide will be able to make a living from their online poker winnings in 2022. Of course, not all of these players play poker at the same stakes, and a distinction must be made between cash game and tournament players. Basically, however, all online poker professionals range between €20,000 and €80,000 in annual earnings, with some outliers at the top, especially among tournament players.
Should you play cash games or tournaments?
Both cash game players and professional online poker players who focus on tournaments enjoy advantages and disadvantages. For example, a good cash game player can earn a calculable hourly wage with little variance by playing multiple tables with constant blinds. Tournament players, on the other hand, often have to overcome longer lean periods and often fail to earn any significant income for a period of weeks. On the other hand, a poker tournament professional doesn’t necessarily have to play well year-round and work a solid 50 hours or more each week. Often, cashing in 20-25 major online tournaments per year is enough to generate a solid net income of €25,000 or more.
As a tournament player, you have the opportunity to make money quickly and climb the ladder with online poker. In return, cash game players face less risk and can count on a steady income with only minor fluctuations.
Conclusion: Professional poker player
So, in short, you should be aware, above all, that being a professional poker player requires overcoming many more obstacles than it may initially seem. Furthermore, you have to get rid of the idea that working as a professional means having fun, playing, and getting excited every day. Only if you take your job seriously, consider poker your real job, and have done the necessary groundwork beforehand will you be successful with this project. No matter what you ultimately decide, we wish you good luck and success in making money with online poker.