Is it possible to earn a living by becoming a professional poker player? Though it is complicated, the answer is yes. Professional poker players and those who are willing to put in the most effort will be able to succeed as poker players, and some may even advance to the upper levels of the game. The majority, though, won’t be successful at playing poker professionally and will eventually need to find employment before continuing to play poker on the side as a semi-professional player.
What would you need to have the best chance of becoming a professional player? In any case, you’ll need to be determined to succeed. From the outside, it could appear that poker players only devote a small portion of their time to the game, flitting between glitzy venues to competing in high-stakes tournaments. The reality is somewhat different, though, since most professional players merely pass their time playing many cash poker games at once while seated in front of a computer. Unfortunately, the truth isn’t quite as glamorous as you may imagine.
Additionally, you’ll need to begin with a substantial bankroll. However, 99% of professional players will need to start with a bankroll of at least a few thousand dollars, so they can afford to go through any downswings they might face at the beginning of their career. There have been stories of players starting with nothing and making it to the top. The higher the starting stakes you can play at, the more money you may potentially win overall.
To succeed, a professional poker player will also require tremendous flexibility. Expect a lot of criticism from people close to you who may be more risk-averse than you are if you decide to pursue a career in professional sports. You’ll also require resiliency to get through the inevitable dry spells when you find yourself in a losing streak. Even the top players experience this; the key is to limit your losses and then increase your earnings when things go your way.
Is it Worth Becoming a Professional Poker Player?
Many people have asked themselves this question, and the answer mainly relies on your skills at the game. Of course, the most influential players will eventually have the best chances to earn money, but nothing is assured.
Fortunately, things have changed from thirty years ago. Thanks to online poker sites, you may practice playing professionally while sitting at home instead of having to load everything into a suitcase and spend all your money traveling to Las Vegas. Many people decide to continue working and play semi-professional poker in their spare time. The most significant way to tell if they could make money if they quit their jobs and started playing poker full-time is from this.
Therefore, you should start online and build up from there if you want to become a professional poker player because of the big compensation.
Do Poker Players Keep Everything They Win?
Most people believe that poker players keep all their winnings, but this isn’t always the case, especially at the higher stakes. Therefore this is an excellent question. This is because individuals who appreciate their skill will stake several players. As an illustration, someone may pay 20% of the buy-in for a participant in a tournament while also demanding 20% of any winnings the player achieves throughout the event. Players in cash games can also be staked; others put money into them in exchange for a share of their winnings.
Staking, of course, doesn’t take place at the lowest levels of the professional game, where most pros work. Instead, the player will pay the total amount of their tournament buy-in and only participate in cash games using their funds. Although gambling now is undoubtedly riskier, they get to retain every penny they manage to win.
This article is authored by Rohan Mathawan, who is presently working as the Vice President of Media Sales and Operations at Techstory Media. Rohan started his career as an online gaming and technology content writer and has written more than 5000+ articles for reputed brands and companies like Techstory Media, MarketingCrap, and a few other ad agencies in the last 4 years. Rohan loves to read about online gaming during his pastime. His passion to create content about online gaming forces him to dive deep into the research of the topic and what comes out is a highly relevant and captivating piece of content that is appreciated by his readers.