How To Make Money Playing Poker
It's a skill that you can learn
Learning how to make money playing poker is a skill not a 'natural talent' and the good news is that I am going to give
you a step by step guide to turn a small initial deposit into thousands of dollars.
Managing your poker money
This is where you start when it comes to understanding how to make money playing poker. You need to play poker games that
are right for your current bankroll (bankroll being the amount of poker money you have). Too many new players do not understand
just how high the swings can be in poker even when you are playing well.
Below I'm going to give you a guide to how to sensibly make money playing poker by moving up and down in stakes as your
bankroll dictates. In the picture below you will have a clear visual of when to move up and down in stakes which is
highlighted by the red and green arrows. On the far left of the steps (in black) you will see what buyin level you should be
playing depending on how much poker money you have.
Bankroll Growth Diagram
It gives you a 10 buy in shot at the next level, before you have to move down. This is a strong approach to growing your
poker money.
Some online poker players prefer a more aggressive approach, taking shots at the next level, when they have 20-25 buy ins, but then
you only get a 2-5 buy in shot. This is perfectly fine too, but you must move back down if you miss, and you must be
prepared to do a fair bit of moving up and down.
Choosing a poker room
Now you know how to manage your poker money the next thing you need to do is choose a poker room to start on your quest
to build a huge bankroll. The poker room that I suggest you join is William Hil. The reason that I've picked this room
is because the players are really bad and don't often know how to play winning poker and you can also get my full coaching
course for free as an additional bonus for joining William Hill through us.
Tools of the trade
There are various pieces of free software that you can download that will help making money playing poker even easier and I will list some of them for you below.
Universal Hand Replayer
One of the things that you're going to have to make sure you do as you're learning how to make money playing poker is review the games that you have played.
By taking your time to go through these poker games you'll often find situations that you may of been able to play differently. It's also a good idea to make some poker study friends so that you can review each others games. You'll often find that the players that really excel at poker are the ones with the most poker friends who are also learning how to make money playing.
Pokerstove
Get it, simple as that, it is free, and you need to get ,used to running the EV of various situations through it. It seems a bit daunting at first, but it's pretty simple to use. The hardest bit really is assigning accurate ranges. This is something you need to work on constantly. Ask questions in the forum if you are unsure of anything. Don't ever worry about feeling stupid. There are many members on here that wont know how to use it, or why, that wont ask the question. Just do it, it will help you no end.
Skype
Widely used chat tool, that most people on this site use to chat all things poker (and other things too!) Download it, and you can request to add members you wish to chat to, to your chat list. You can also use it for sweat sessions too. If you don't know what they are, ask the question on the site, there are somethings it will take me to long to explain, it's just easier to search the site, or ask the question on the forum.
Are you an American player?
Find out why I'm telling all American Players to play at the very soft and US friendly poker room
Betonline .
Post hands on the forum
Getting involved in our student forum is a huge part of learning how to make money playing online poker.
Make sure you take a look at
this post before posting and be sure you post your hand in the correct section to ensure that the right people can give you advice on your playing. For example if you are playing $5 games, it needs to go in the
MicroStakes section. Most things are explained really well on the site, if you don't know, then ask.