There is a lot of money on online poker tables. Many lose or hover near the break even. Some make a significant amount of money – enough to support themselves without outside income.
So how do you make money online with poker? The best approach may be adopting a straight forward formula (read up on Phil Hellmuth’s guide to online poker) and sticking with it. You will want to start at a buy-in you feel comfortable in and then advance slowly as you’re better able to handle any swings.
The safest technique is probably in tournaments, but the best money making potential lies in cash games.
To complete the process, keep accurate track of how many hours you’re logging, how much money you have won or lost, and any other notes you feel deserve writing down.
Remember that at first, a positive balance is a good start. As you log more hours an advance with your bankroll and play, you need to show a consistant average of dollars per hour to justify your time.
Here is a video with more tips on how to win money playing online poker: