One who wishes to make their money playing poker must work really hard at it. Not only is it a game involving lots of chance, strategy is very important. People never know how the playing cards will show, and if the casino poker chips and casino tables will end up gaining, and not losing, their money.

A person could spend a whole lot of money buying these poker chips and end up with all of them gone, on one hand. In all honesty, the chances of losing are much higher than the chances of winning, since most poker tables seat around 8 players. That is a 12.5% chance of winning, versus an 87.5% chance of losing, if you use basic mathematics. When one sits down at one of those poker tables, these are the odds that first jump out of them. A 12.5% chance of actually going home with more money. How can I bet my savings and lifestyle on that? Acceptance of risk is needed, and lots of practice. There are many free poker games all over the internet, which people can visit to try playing others.

Once one begins to practice, and win, then they may be able to make some money. It’s time to move up, to the internet games with actual money, or to head over to the local casino and bet a few bucks. With lots of luck, and any strategies that the person has figured out, maybe they’ll come home with a bit more than they started with, yet this is a rare occurrence. In all reality, the difficulty of making a living playing poker tournaments is exceedingly high.

If one of those tournaments is not so high stakes as others it may be a good thing to try. Get the feet wet, see how it goes, and who knows, maybe there’ll be a winner who just breezed through the whole thing! After that, the buy in for the world poker tour is ridiculously high, so the person trying to win more cash must already be overstocked in the Benjamins. Maybe this person has succeeded in the casinos, and in the smaller tournaments, and they have made enough. Then there is the big problem. Either win huge amounts of money, or lose it all. The largest problem with making a living by playing poker is that it is so extremely unlikely. One would need to have the ability to bluff like no other, and no fear of losing their money. If the truth is really faced, that money could be gone in an instant, and the player could suddenly have endless troubles.

Tony Flores is co-owner of magicacepoker.com. Find great assortments of poker chip sets for your poker tournaments. Read more on poker facts to get well informed about the game of poker. You need to know the game well if you want to have a chance to strike it rich!


September 30, 2008

Comments

8 Responses to “Poker Tournaments – Can You Make a Living!”

  1. KushMoney on October 3rd, 2008 11:45 pm

    This is a great article. I totally agree with it. That’s why I play at free tables for now.

  2. Nikki on October 7th, 2008 4:28 pm

    I’ll just take off the sunglasses and obey….. I would like to recommend this site…

  3. Stock Flash Video on October 11th, 2008 2:49 pm

    I ‘ll obey

  4. free credit report on October 16th, 2008 6:24 pm

    he he good to obey

  5. Buy PokerStars Chips on November 14th, 2009 10:40 am

    good article

  6. Country on September 30th, 2010 4:37 pm

    Terrible article written by someone who doesn’t understand poker.

  7. commodity Tips on October 18th, 2010 6:14 am

    Stock market India is volatile and all those who speculate in market are loosing everyday. Please remember stock market is not for speculation purpose. If one feel investing in stock market is gamble then its better to think again.
    One should always note that if they want to invest money they should do proper research be it fundamental research or technical research. Just think how come you can invest
    your money without any convincing reason for the same?
    Indian stock market is one of the most happening and emerging market. Major Indian stock exchanges are BSE and NSE and both are of world class standards.
    So grab good stocks and invest that’s the bottom line.
    We hope to see you in major profits.

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  8. Free Mcx Tips on July 27th, 2011 7:05 am

    It’s a fact that in India NSE and BSE are most popular and very volatile stock exchanges with many listed shares in it. Again its true no matter how volatile Share market is still investors can mint good profit. Now the question is how one can earn money via share market trading? Answer to this is quite simple. We all know share market have many listed stocks and it’s a fact that everyday we have top gainers and top losers in stock market. If our stock timing and stock selection is right we can earn decent profit from stock market. So again new question is How to select and time stocks?

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