Making a Living from Online Poker in 2023: A Comprehensive Guide

Introduction to Making a Living from Online Poker in 2023

The question of how much a player can expect to make playing full-time online poker professionally in 2023 is one that requires a nuanced answer. Statistically speaking, if you are just starting out, your chances of making a stable income are low. Online poker is a high-skill competition, and maintaining consistent peak performance requires a level of dedication and skill that can take years to develop. However, it is still possible to earn money through poker, especially with the right approach and preparation.

Understanding the Skill-Led Earnings in Online Poker

The reality of being a professional poker player is that your earnings are heavily influenced by your skill level. Even in 2023, the sport of poker is not just about brute force or luck; it requires a deep understanding of game theory, strategic thinking, and the ability to perform under pressure. This is a long-term endeavor that requires continuous learning and improvement.

Hourly Earnings Factors

When considering your hourly earning potential, several factors come into play:

Skill Level: The higher your skill level, the more you can earn. This is the most critical factor in determining your hourly earnings. Site and Software: The platform you play on can significantly impact your earnings, as can the software you use to track your game. Hand per Hour: The number of hands you play in an hour can affect your earnings, especially at higher stakes. Player Pool: The skill level of the players you are up against will influence your earnings. Tougher player pools will naturally lead to higher earnings.

Examples of Earnings at Different Stakes

The Micro Grinder

For players grinding micro stakes games (5nl-25nl), the earnings can vary greatly. These players focus on volume, playing thousands of hands per day. Their earnings are relatively modest, averaging between $10-$20 per hour. This level of earnings is often sufficient to meet basic living needs in countries with high unemployment rates. Major sites like iPoker and Stars are popular for these players, with 10-30 tables.

Low Stakes Grinders

At slightly higher stakes (50nl-100nl), players can earn a bit more, with winrates and rakeback contributing to their hourly income. High winrates combined with 20-40 usd per hour are common, although many players fall short of this.

Mid Stakes Players

Mid-stakes players (200nl-500nl) require a more strategic approach. Volume is still important, but the player pool is less forgiving. Sites like Stars and 200nl-500nl zoom are popular. The more skilled players in this range can earn anywhere from $40-$100 per hour, with some high rollers reaching five-figure monthly earnings.

High Stakes Players

At the highest stakes, players (500nl-5knl) are some of the most skilled in the game. They often require a mix of skill and volume, and their earnings are high, often reaching five-figure monthly incomes. These players are in demand and can find work across various poker sites and formats. Suitability for different poker formats is crucial, and they often require years of experience to adjust.

Strategies for Success

To succeed as a professional poker player, you need to:

Continuously Improve: Maintain your skills and adapt to new trends and technologies. Find the Right Platform: Select a site and format that aligns with your skill level and earning goals. Manage Your Bankroll: Protect your earnings by managing your bankroll effectively. Seek Expert Advice: Learn from experienced players and utilize resources like forums and training materials.

Conclusion

Becoming a professional poker player is no easy task, but it is achievable with dedication and hard work. Understand the factors that influence your earnings and continuously work on improving your skills. Remember, poker is a marathon, not a sprint. Good luck on your journey!