What Percent of Poker Players Make Money? (Revealed)
Posted on 10 July 2024
You may wonder:
- What percentage of poker players make money?
- Are they really profitable?
Poker is more than just a card game. It can also be a means of generating a steady stream of income.
While not many players manage to achieve this, those who do have endured countless rounds of trial and error.
Profitable poker players rely on their intuition and expertise to earn money, but let's investigate what proportion of players are actually winners and the reasons behind this.
Additionally, we'll explore the top training courses, platforms, and coaches that can help you excel at the poker table.
Without further ado, let's dive in.
What Percentage of Poker Players Are Profitable?
A small fraction of poker players can genuinely claim they make substantial profits.
Approximately 5-10% are able to make decent income after accounting for the rake, while up to 30% can assert they are somewhat profitable.
The remaining majority either struggle to master the psychological aspects of the game or are perpetual losers.
Multiple factors contribute to this low percentage of sizable poker winners.
Sustained dedication, overcoming the impact of rakes, and aligning with the psychological dynamics of the game are crucial elements for achieving success.
By the way...
Here’s the list of the courses to consider:
- Elite Poker University - great choice for beginners & enthusiasts
- PLO Mastermind - best resource for PLO players
- Daniel Negreanu MasterClass - solid foundation for aspiring players
Now...
Engaging in poker over an extended period can enhance the likelihood of achieving higher and more consistent winnings.
This is because the player gradually develops a better understanding of the game, gains practical experience with betting strategies, and becomes increasingly comfortable with each new hand they play.
As they say, practice makes it perfect.
(Especially if you combine it with proper studying.)
The proportion of poker players who emerge as long-term winners is highly contingent on whether they participate in live or online games.
When considering both playing environments, approximately 10-15% of players fall within the winning percentage range.
I'll say this...
Generally speaking, being able to outsmart your opponent, having developed character, patience, and the desire to study and keep going are extremely important.
The last point is crucial.
Strong will and desire to learn the game were major reasons why only a small percentage of online players (around 10%) are successful high-stakes winners.
Thinking Like a Pro
Look:
The percentage of poker players who make money is largely dependent on their character, playing style, and the experience they've accumulated over time. There are certain traits that enable successful professional players to earn lucrative poker incomes.
This includes the following...
- They know when to fold
Experienced players are not hesitant to fold, even when there's a substantial pot at stake against their opponent.
They understand that folding a weak hand can lead to potential victory in the next round, and they don't let their emotions compel them to go all-in.
- They know when to bet big
Conversely, experienced players also recognize when it's appropriate to bluff and outsmart their opponent.
A poker expert can read body language cues, count and track the cards, and determine the precise moment to go all-in.
- They check as a deception
Checking is a strategy used by many professionals to win, as they "extract" the loss from their opponent in this manner.
They simply wait to see what their opponent does and then decide whether to call or fold. This approach may appear as a sign of weakness, but it is a highly effective method that outmaneuvers certain type of players.
(Typically from loose aggressive or maniac type of players who like to bluff.)
If you're in Canada and would like to play in Toronto poker games, then check out our club!
We have a lot of action happening and you can practice your skills here ;)