Play Profitable Online Poker in 2020
It’s 2019 and online poker has continued to evolve. There are any online poker schools for all kind of variants. They give free bankrolls away, coach and try to train winning players. There are numerous free articles on the net accessible to everyone to help player to improve their game.
Many players are rightly wondering if online poker is still profitable in 2020 given the proliferation of learning opportunities and poker schools. If you’re playing at the mid to high stakes, can you really still earn a profit?
Before we go into more detail on whether online poker is still profitable, we would like to point out two psites where playing is incredibly profitable due to the many fish (bad players) and the great promotions/rakeback deal.
Our insider tip: Even if both sites have not much difference and come from the same network, we recommend BestPoker, as we have there a very exclusive rakeback deal there which will make it more profitable for you. Also there is a 1k Welcome Freeroll tournament and our exklusive 100$ Freeroll every two weeks.
Note: For players from UK only GGPoker is available!
2.000€ Bonus/35% Flat Rakeback+ Rake Chase
600$ Bonus/YPD VIP Deal
Now we need to first clarify one thing. A regular player who plays daily or regularly is not automatically a winning player. Many players make this mistake and panic when other regular players sit at the same table because they fear that their own win rate will drop to 0.
Of course it is more profitable to have a super fish at the table, but also ‘fish-regs’ also offer great opportunity. Of all the regulars you meet at the table, around 70% are fish-regs. Fish-regs are regulars that are not sharks. These players generally break even and with a good rakeback deal these they may fall over the line to profitability. About 20% of regulars are normal regulars and only 10% are winning online poker players.
So now you know, a regular player is not automatically a good poker player. Fish-regs take only a little money out of the system and many of them even net benefit the system in the long run.
The Poker Fish
Bad players, known as fish in the poker community, still abound. You can find the majority of them playing at the lower limits, but even in mid to high stakes games there are plenty of players putting money into the poker system.
A normal fish on the mid stakes, say NL 25-50 plays or Sit & Go tournaments for $5-10, deposits on average around $500 a year into his poker account. It only takes 2,000 fish worldwide and we’re already at $1 million in player pool. And of course we are talking about much more than 2,000 players in the market and many of them deposit also much more as 500$.
In Germany, Austria and Switzerland there are around 150,000 active poker players every year. Now let’s make a crazy assumption and say that 50% of these are regulars, and the other 50% are fish that only spend $100 a year. Even with this crazy skew, the fish from Germany, Austria and Switzerland would bring $ 7.5 million into the poker system.
Worldwide Poker Market
According to current estimates, the worldwide poker market is worth about $7-8 billion. Yes, you’re reading correctly. We are talking about billions!
Everyone is talking about the end of the big poker boom, but it’s total nonsense if you take a closer look. The market is not growing as fast as 2003-2010 when online poker was completely unknown and growth was exponential. But that does not automatically mean that online poker is dead, as you may have read in some poker forums.
With $ 7-8 billion in annual revenue, it’s clearly still kicking.
Profitable Online Poker Sites
Depending on the variant you play the right selection of the poker site is important to being profitable. Our goal is for our community to play profitable online poker. So read on to see the sites that are the most profitable overall.
325$ Bonus/Up to 60% Rakeback
500$ Bonus/Up to 60% Rakeback
1.000$ Bonus/Up to 100% Rakeback
250$ Bonus/Up to 60% Rakeback
2.000€ Bonus/30% Flat RB+Rake Chase
2.000€ Bonus/30% Flat RB+Rake Chase
200€ Bonus/Up to 65% Rakeback
Online poker has evolved. The players have learned and the game has changed. In the long run, it is no longer enough to read games off one’s starting hand and achieve long-term profit. But that doesn’t mean that there is not still enough money in the system to play very profitable online poker.
Whether cash game, SNG, MTTs, low stakes, mid stakes, high stakes, there is still plenty of money to make in 2020!
Our insider tip: BestPoker or GGPoker(Because of many fish from asia)