Online poker is growing across the globe as more people are able to connect and play on mobile devices. In India, online poker is growing by 35-40% year on year, with more than 3 million active players. In the U.S. there are currently over 60 million poker players. This is due to the advancements of online poker, which has not only made poker more accessible but also closer to the experience of playing live poker. With more people playing online poker, the potential to earn a lot of money has also increased. For those interested in earning money through online poker below are a few tips.
Practice on Micro Stakes
Online poker sites offer a much wider range of cash games compared to live poker. A popular online poker cash game is the micro-stakes table. These can be as low as $0.01/$0.02 (₹0.82/₹1.64) blinds. While entering these games may seem counterproductive for those looking to earn money through online poker there are some advantages. Online poker plays differently to live poker and new players need to get a feel for the game to be able to adjust their strategies. For example, online players can’t base their bets on the body language of opposing players. This makes predicting a bluff or sensing a good hand much harder. Playing micro-stakes will allow you to play a lot of games without a major loss of money. Once confident and successful on these small-stakes tables, you can easily transfer the skills to large-stakes tables and will be much more successful.
Take Advantage of Multi-tabling
Live poker is very limited as a player can only play one table at a time. In online poker it is very easy to play multiple tables and tournaments at the same time. There are two ways to multi-table: tiling and stacking. Tiling is where you have all the tables up on the screen at the same time. This allows you to watch each game as it happens. You are, however, limited by the size of your screen. Stacking is where the tables are stacked on top of each other and you only play the table when it is your turn. This means you can have many more games on the go, but you will find it much harder to read your opponents and follow the flow of the game. Stacking is only recommended for proficient players. A big advantage of multi-tabling is that you are always playing for more than one pot, increasing your chance of winning. In live poker it can be demoralizing to suffer through a series of bad hands, and you can easily lose momentum. With multi-tabling you will likely always be able to play at least one hand, increasing your chances of earning money.
As mentioned above it is hard to read players in online poker because you only have their bet size to go on. This is why it pays to be more aggressive in online poker than live poker, where it often pays to see how other players react first. Raising pre-flop allows you to take control of the pot and gives you a psychological edge over your opponents. This is a skill that can be easily practised on micro-stakes games.
Use Poker Tracking Software
When playing online poker you don’t have to just rely on your instincts. You can invest in poker software to help you manage your bankroll, spot opponent betting trends, monitor your hand history, and provide detailed reports on completed games. These tools allow you to not only spot errors in your opponent’s game, but also your own so you can constantly improve your earning potential. Most online poker platforms have set rules about what software is allowed so always check first.
For more gaming advice due read our other casino articles.