Can I make money playing poker?

Giving up your day job and earning a living playing poker is the dream of many players but is it realistic? Jessica Cheng, casino manager for 777 Dragon Casino, shares her opinion.

One of the most significant moments in the history of poker occurred in 2003 when a relatively obscure player named Chris Moneymaker won the World Series of Poker Main Event and took home a tidy sum of $2.5 million and the title of World Champion. His victory was important for a number of reasons. He was the first WSOP winner who had qualified through online poker tournaments and because he was an amateur, who had very successfully beaten the professionals, it inspired an entire generation of poker players. It made them believe that they could earn a living playing cards.

Although this famous victory was certainly inspiring, before you quit your day job you need to ask yourself some tough questions.

–          Do I love playing poker? You might think this is pretty obvious but in order to earn a living you’ll need to play consistently because it’s impossible to win every hand. Often online tournaments are played at odd hours because the host country is in a different time zone and this could turn your life upside down.

–          Am I good enough? Practise certainly does make perfect but poker requires skill, motivation, determination, patience and discipline.

–          Can I survive the losses? You have to be realistic about your win/loss ratio and ensure that there is a Plan B if you suddenly have a very bad run of luck.

It’s certainly possible to earn a living playing poker but it’s not a decision to be taken lightly. It depends significantly on your level of skill, your dedication and the amount of effort you’re willing to invest.