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I’ll level with you – if I knew some secret way to make a million dollars in online poker, I wouldn’t be blogging right now. I’m in some Alaskan salmon fishing or sitting on my back porch and cracking open a beer.
So how do you become an online poker millionaire? The truth is, there is no secret method that will turn you into an online poker millionaire. I am suspicious of “get rich quick” ideas of any kind. As a general rule, the less work something requires, the less effective it is. We’ll talk more about it here at Xgtiger Casino.
I can think of a few out-of-the-box ways to put two commas in your bank account playing online poker:
- You can win a million dollars playing progressive online poker. Of course, you have to win an improbable number of progressive jackpots to total $1,000,000 – online poker progressive jackpots are smaller than slot machines, reset between $500 and $1,500, and rarely pay more to two or three times the reset value. Don’t forget how rare progressive online poker games are – you won’t find an advanced match on the Vegas Strip or anywhere else in Atlantic City.
- You can sit around putting money into the machine until you hit a weird streak of luck. Let’s say you bet max, $5 per credit and $25 credits per hand. If you can string together enough $30 payouts in a row, you’ll eventually win a million bucks. It would require 200,000 straight 6-credit wins (to recoup the maximum bet value of each ball) and would certainly raise eyebrows at the IRS, but I think it’s technically (given enough decimal places) “possible .”
- You may have a fatal slip-and-fall accident while playing online poker machines. Suppose the casino is found to have been negligent in inspecting and maintaining their property. In that case, you’ll be entitled to compensation, damages, and (in rare cases) a penalty designed to teach the casino a lesson they won’t easily forget. It is within the realm of possibility that you could win a million dollar settlement. Of course, this is an abuse of the system and will make you a terrible person. It can also backfire – the court may throw out the case, especially if there is no evidence of negligence.
Those three ideas are far from the realm of possibility. Instead of tripping over a spilled drink, waiting for a mathematical miracle, or losing your shirt chasing progressives, I suggest a more level-headed approach.
The Three Basic Beliefs of the online Poker Millionaire
The three beliefs listed below aren’t exactly secret. They are freely available all over the Internet. I can attest to this fact, as I’ve written dozens of blog posts on these topics over the years.
Once you learn how to play online poker, all you have to do to (one day) make a million bucks playing the game is follow these three simple rules:
1. Learn Basic Strategy
If you want to have fun in Vegas and don’t mind giving your entire $100 bankroll to the casino, you don’t need to worry about strategy.
If you plan to make a million dollars from online poker, you should be a gambling graduate. It helps if you have a good library near your home because some books you want to read are not available online. Advantage if you live near a state university with a decent research library.
While you’re at it, subscribe to some gaming magazines. If you gamble often in Vegas, subscribe to some Vegas content. Join some forums. Depending on where you live, you may be able to find seminars in your area that teach legitimate online poker and other game techniques. By the way, this is not something you can do once or twice a year for a couple of years and be done with it. With new games come new strategies, and with new casinos come new opportunities for advantageous gambling. You will need to be a lifelong student of gambling and game strategy.
2. Choose a Player-Friendly Game
Unfortunately, the heyday of +EV online poker is long gone. You can still find some high-paying titles that make a special trip to a particular casino or website worth your time. In particular, there are enough 10/7 Double Bonuses and full-pay Deuces Wilds on the casino floors in America’s gambling Meccas to keep things interesting. If you are determined to make a million bucks from online poker, you should stick to these titles only because any other labels will keep your money over time.
If you don’t mind gambling a bit (or waiting a few extra years to make your million), you can play some of the 99%+ titles that casinos still host. They are usually available whether you are online, in Vegas, in Atlantic City, or anywhere in the USA. The so-called Not So Ugly Deuces games (25/16/10) are popular and give the casino less than a quarter-percent edge, as do most casino versions of 9/6 Jacks or Better, and the reputable 8/5 Bonus Poker with a return of around 99.1%.
Online casinos love to put sub-99% online poker games right next to similar games that are set high. This is especially true in some casinos where you can still find full-pay titles. This means that you need to check each betting table before you play.
3. Manage Your Money (and Earn Comps)
The kind of dedication required to become a gambling millionaire means that it shouldn’t be difficult for you to tightly control how much you spend on online poker. But since you must always bet the maximum, your bet size and range is somewhat limited. Instead of worrying about the size of the bet, focus on achieving the valuable additional benefits that casinos provide to their loyal players. That means joining the players club, exchanging club points for cash, scoring multiple points promos, entering raffles and drawings, playing in online poker tournaments, remembering to send those bounce-back prize clipping coupons, and do all that is less fun inside the casino.
In exchange for a little sense of always wasted time, you put a huge rift in the side of the casino. Using comps expands your small edge if you’re already playing +EV games. Not a statistically significant amount at first, but over time, it makes a big difference.
Conclusion
Are you an avid gaming fan and want to know how to bet on online casino games? At Xgtiger, you’ll get the latest information on this year’s best casino games and a variety of gaming options, all in one place.
To start your online gambling journey, all you need to do is create an account on the site, deposit funds and you’ll be ready to bet on the best and most anticipated casino games.
Frequently asked questions
To consistently make money playing online poker, you’ve got to be very, very skilled at the game. Poker experts have estimated that only the top five percent of players are actually consistent, winning players.
Bluffing is an integral part of every poker successful poker player’s strategy. If you never bluff, your opponents will know to fold when you bet. But you do need to make sure you’re bluffing in the right spots. Getting aggressive with your draws, a technique known as semi-bluffing is a great spot to bluff.
