Can You Make Good Money From Online Poker

Jul 20, 2012 That is around $12,000 per year extra that you get just for playing poker. Live poker players don’t see this extra money each month and it is a reason why online poker is much better than live poker. The opportunity for growth is better and you can simply make more money online than you can live.

PokerNews Staff

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The United States has been a precarious place for online poker since 2011. Only a handful of states have legalized and regulated the activity, leaving thousands of poker enthusiasts looking for a place to enter real-money online games.

But there are options, even if you don't live in one of the states that offer legal online games. In this article we look at some of those options; be sure to check back as more states pass bills to allow us to play the game we love and don't forget to visit this page about online casinos in the USA if you want to play more games too!

New Jersey – The Place Where Online Dreams are Made

888poker NJ

888poker is one of the most trusted brands in poker, and with over 25 million customers around the world, there’s a reason for it.

888 offers large welcome bonuses and $10 free to get started. Players can also enjoy 888poker on their mobile devices. While players can only play one table at a time, cash games, sit & go tournaments and multi-table tournaments are all offered.

Obviously, the only downside to this U.S. poker site is that traffic is relatively low, because, there are only so many people in New Jersey who play poker.

So get going! Take to 888poker for all the games, bonuses and special offers.

PokerStars

The best poker software around, PokerStars New Jersey is the real deal!

Play Nowpartypoker

partypoker has seen a major resurgence, and their New Jersey client is just as great.

Play Now888poker

888poker NJ customers can enjoy playing at the site via their favorite Android or iOS powered mobile device.

Play NowBorgata Poker

Property of the world-famous New Jersey land-based Borgata Hotel Casino & Spa, Borgata Poker is available in New Jersey.

Play Now

Borgata Poker

Of all the poker rooms you could choose, BorgataPoker.com is one of the most superb, namely because it’s the official poker site of the famous Borgata Hotel Casino & Spa.

Given its large signup bonus and VIP program, players enjoy a brand that’s trustworthy and secure with a free $20 in pocket.

BorgataPoker.com offers a similar range of games as 888poker but it is also home to FastForward poker, or “fast-fold” poker, meaning you can pick up a new table if you don’t like your hole cards and fold.

WSOP.com NJ

Play for a share of $700 for free; get a 100 percent match up to $400 first deposit bonus; and have all of it be legal!

With WSOP.com NJ, online poker rooms take a new form with exciting cash games, an awesome tournament schedule and, last but not least, the opportunity to qualify for the World Series of Poker!

Play on your mobile device or take it to the desktop, but either way, this trusted name won’t let you down. Play now!

PokerStars NJ

PokerStars' unrivaled game selection makes it a top play. Considered to be the best regulated online poker site in the U.S., PokerStars NJ is the market leader with excellent customer service, great software and a lucrative VIP scheme.

There’s a reason PokerStars says “We are Poker.” Their software is available on Mac, PC, iOS and Android devices. Their welcome bonuses are the most robust in New Jersey and they run alongside great promotions.

Download PokerStars today to see what you’re missing in this online poker room!

partypoker NJ

Partypoker NJ, an operator since 2001, is a major player in the online poker tournament scene. Play all your favorite games directly from your smart phone: cash games, FastForward poker, sit & go tournaments and other casino game favorites.

While partypoker does not offer multi-table tournaments, don’t let that stop you from enjoying their major signup package or free $25 bonus. This operator regularly offers value-packed promotions, so stop procrastinating and get going at this great U.S. poker site!

Nevada – Vegas, Baby!

WSOP.com NV

WSOP.com is the only online poker site where you can not only win your way into WSOP live events, but also win a WSOP bracelet. Enough said.

With the backing of Caesars Interacting Entertainment the famous World Series of Poker brand, this U.S. poker site finds favor because it offers almost everything: a wide variety of game types and limits, 888poker software, a player pool linked with Delaware, deposit and withdrawal options at live venues and excellent customer service.

And to top it all off, if you sign up to WSOP.com from PokerNews, you can get a 100 percent match up to $400.

WSOP.com NV will make your online poker experience as enjoyable as possible. So take advantage of this state-of-the-art software and have some fun!

So, have no fear! U.S. gaming is here. These online poker sites are just waiting for you.

Anywhere But No Real-Money Element: WSOP's Social Site

You can't play for real money, but you can experience the thrill of poker anywhere in the world by logging onto WSOP's social poker site. You can play no-limit hold'em and omaha, and both ring games and tournaments. Sign up for the World Series of Poker social site via PokerNews.com, and receive 250,000 extra chips!

Finding a trustworthy room to play online poker can be a monumental burden. That's all the more true if you're just looking for a place to play poker for free. We've listed five of the best play-money poker sites to enjoy and help hone your skills.

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How Much do Poker Players Make?

A number of new players interesed in poker want to know how much exactly poker players can make – or at least what they’re getting into. The truth is, there are so many factors that will determine how much you make in poker. When talking about how much players make, we must first distinguish between professional and recreational poker players. Professional poker players are well known to make $1- 10 million per year by multi-tabling online poker and playing in the live event tournament circuits (WSOP, EPT etc) each year. Tom Dwan, for example, is a 23 year old poker player and makes around $5 million per year in online poker alone.

Recreational Players:

Amateur poker players on the other hand can’t expect to make anywhere near this. Although it depends on the stakes involved – and how often you play, amateur poker players tend to make anything from zero to twenty thousand dollars per year. I put the limit at twenty thousand dollars because at this point amateur players become (or are considered) professional. Your typical student poker player (and anyone else who plays a few hours per day with good knowledge of the game), can make up to five thousand dollars per year playing online poker (from my own experience anyway).

I need to make a quick point here, and tell you that approximately 85% of online players actually lose money playing poker. This is mainly because they don’t adopt the correct poker strategy, however this is still a shocking figure when you consider just how many people are hooked to online poker each day!

How Much Do Professional Poker Players Make?

Phil Ivey is the world’s best professional poker player. At the moment, he’s makes aproximately $1-5 million a year through playing both online and live poker. His current lifetime winnings from the WSOP along extend beyonf $7 million.

However Ivey’s net earnings don’t stop there, because like football, poker players often receive heavy endorsements from major marketing brands. With respect to Phil Ivey, he’s also been involved in a series of side bets with players such as Andy Bloch for the latest 2009 WSOP. The prop bet between Ivey and Bloch recently, was worth over $15 million if Ivey won a 2nd WSOP bracelet. For the sake of readers’ interests, Ivey has also wagered over $70,000 on coin-flips in his life; and has previously bet over $200,000 on a single game of golf. I bring this up as an interesting example of just how rich these poker players are…

Deciding Factors

When asking how much poker players make, the figure largely depends on how good you are, how often you play and where abouts you play (including the stakes involved). A large proportion of online poker players make $50-$100k per year. Others – many of whom are still relatively unknown, can easily make $200,000 per year. An good NL100 player, for example, can spin up to $80,000 per year in online poker.

Live tournament events on circuits such as the WSOP, EPT and Aussie Millions also earn alot of these professionals (like Phil Hellmuth) most of their money. Current prizes for doing well in major tournaments such as the WSOP and WPT can be anything up to $5 million. In the last WSOP tournament Hellmuth won $6 million. For readers unfamiliar with these tournaments they can usually last from a few days to 2 weeks at most!. In comparison to Wimbledon (where the winner in tennis receives about $1 million for several weeks work), you can see how much more money there is in poker.

What Percentage of Players Make Money in OnlinePoker?

It’s estimated that 85% of online poker players lose their money. In addition, 15% break even, and only 5% actually make any money consistently. However when looking at profits, you have to understand that the majority of these players, I’d guess around 50% at least, don’t read strategy; and this is why they lose their money.

Money

The question how much do poker players make depends most upon the stake they play. Similar to any business or industry, the larger you invest, the more you gain. If you are playing $200/$400 No Limit Holdem, than winning 5 big blinds a day will make you $1,000/day.

The problem with playing such high stakes however, is that they require large bankrolls. At $200/$400, you’re going to need a total poker bankroll of 100 buyins of $40,000 – that’s $4 million in total. Unfortunately, for most people, they’ll need to earn a large enough bankroll at smaller stakes until they’re able to enter higher stakes games. Most professionals however started their career playing smaller stakes such as $1/2 and building their way up, so it’s not completely impossible. My friend Andy started to learn poker back in 2003, and he now earns $100k/year online. Basically, the better and the more often you play, the faster you’ll rise through the stakes and make money. Tom Durrrr Dwan started with a $50 bankroll and in under 5 years turned that into a $10 million bankroll.

How Much Can New Poker Players Make?

This answer depends on the stakes and bankroll you play. However for new poker players who’ve just learned poker strategy and are playing online for the first time, I’d recommend playing the $0.05/0.10 No Limit Holdem tables. On these tables, I doubt you’ll mke much more than $10 per day profit, however after a few weeks, you should be good enough to try the $0.10/0.20 No Limit Cash Tables, which will earn you about $20-50 profit per day. If you continue like this, grinding up the stakes, you’ll begin to start making lot’s of money online.


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Can You Still Make Money From Online Poker


  1. Where are you pulling these facts from? Most seem like estimates off the top of your head.
    Also you should have done some calculations before you published this article.

Can u make money online poker

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