🤑 Is Poker Still Profitable in ?

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Is Online Poker Still Profitable In 2020?

In the online arena, things have become very tough. There is money to be made for sure for a decent player, but that number is, on average, much smaller than most people would guess. For someone playing poker for a living and pursuing tournaments, these are a great opportunity. This further distorts the image, as many of the big winners on the All Time Money List have been known to sell their action. In his video, Polk breaks it down nicely, talking about popular online and live formats. Online tournaments , although hugely popular, are one of the toughest arenas, because of long hours and huge variance connected to them. And, even if they are, they are far from having millions in their bank account. Many people, especially those not too experienced with poker in general, usually see live tournaments as the way to go. Since joining the Beat The Fish team in , Ivan has made a significant impact, leading the news section and contributing numerous feature articles.{/INSERTKEYS}{/PARAGRAPH} Things have been changing for the better in the software department as of late, but seating scripts are still running rampant. It is still possible to win, but you need to be prepared to work really hard and learn to use software to select tables, track stats, and more. This means they get a part or the entire buy-in amount in exchange for a certain percentage of their winnings. After all, some of these events award huge seven-figure sums, so if one was to become rich playing poker, that would be the way to go, right? Watch this video on YouTube. {PARAGRAPH}{INSERTKEYS}Anyone wanting to play poker for a living needs to first decide on what they want to play. Ivan first started playing poker in and played professionally from He holds a BA in English language and literature. Live tournaments , on the other hand, are a better way to make money on the surface, but they have many expenses connected to them, which are discussed a bit later. At the same time,as juicy as these games may be, there are other problems like possible collusion, security risks, etc. Many of these games are private, and you can only get a seat if you get invited or know someone to get you in. Nowadays, it is much harder to find good games, especially as you move through the limits. To give yourself the best possible ROI, a player needs to play in as many good-value tournaments as possible, and that requires a lot of traveling. As Polk explains, playing live tournaments, especially big buy-in events, is much more complicated and costly than it seems. But, at the same time, they are very costly , and very few players are able to afford the buy-ins on their own.