Getting rich from Poker is not as difficult as many players often mistakenly think, as long as you have enough skills and experience, your chances of winning are very high.
Accordingly, reward-based Poker game is a game that requires analytical and calculation skills rather than relying on luck and intuition.
Winning at Poker will become simpler than ever if you have effective methods from the experts before you.
A brief introduction to the Poker game
Poker is one of the most famous card games in the world, with a large number of players from all countries participating.
Currently, the majority of World Poker Finals tournaments are organized through Poker competitions with many exciting and intense matches.
Speaking of the rules, the game of Texas Hold’em is not simple but quite complex, requiring you to go through many betting rounds with new cards continuously appearing.
Specifically, you will participate in rounds with the following rules:
- Pre Flop Round: The dealer deals 2 hidden hole cards to each player.
- Flop Round: 3 community cards are revealed; if you have a good combination, you just need to place an additional bet into the Pot.
- Similarly, in the turn and river rounds, the dealer will reveal one community card each round for players to combine and then place corresponding bets.
The player’s task after the rounds is to choose the 5 strongest cards out of 7 to compare with the opponent’s.
The player with the stronger, better hand will win and take all the prize money in the pot that was determined from the beginning.
Popular forms of Poker competitions
As mentioned, there are quite a few ways to compete in Poker that are organized annually around the world.
To make it easier to understand, I have divided them into 3 main groups with the following characteristics:
Draw poker
In this form, players are dealt 5 private cards. The dealer allows you to exchange cards up to 5 times in hopes of having higher cards to achieve victory.
After exchanging cards, each betting position will place additional money or fold if the hand is too low.
Stud poker
How to play Stud Poker is quite similar to the above form; however, you are not allowed to exchange cards and must play with the 5 cards the dealer has dealt.
Whoever has the highest score wins and takes all the prize money in the Pot.
Community card poker
This is the most popular way to play, as each player is only dealt 2 private hole cards. In each round, the dealer will reveal additional community cards, creating opportunities for you to have a good hand.
And regardless of the form of Poker played, they are categorized into two groups: cash games or tournaments.
In cash games, you must pay for the bets yourself, while in tournaments, each member is provided with a certain amount of capital by the organizers.
#2 How to Get Rich from Poker Like a Pro
To get rich from Poker, players have two main options: traditional games at 5-star casinos or playing Poker online at online betting sites around the world.
Each strategy for playing Poker well has its own advantages and disadvantages; however, due to its convenience, online gaming is gradually gaining an edge.
Accordingly, the majority of players turn to online casinos to compete in Poker with many others without needing to travel or spend money on entry fees.
The ability to make payments and receive rewards indirectly through banks or e-wallets has significantly contributed to the growth of this form.
However, direct competition between players at casinos still brings a more intense and thrilling atmosphere, while also allowing you to observe your opponents and make accurate decisions.
List of 5 “Millionaires” from Poker Worldwide
Are there people who got rich from Poker?? In fact, many players have become wealthy, earning millions from the game of Poker. Without keeping you waiting, here is a list of the most famous Poker players:
Phil Ivey
When talking about the game of Texas Hold’em, not mentioning Phil Ivey would be a huge oversight for both new players and even seasoned players.
This is because he is the creator of the card counting method that has helped many players achieve significant victories after a short period of practice.
Currently, the billionaire’s total assets are estimated to be up to 100 million USD and are still continuously increasing.
Chris Ferguson
Legend Chris Ferguson is also a major icon in the hearts of players around the world, having won the highest title in prestigious tournaments 5 times.
With a great passion for the intellectual card game, after more than 20 years of competition, Chris has successfully pocketed over 25 million USD – a figure that many people dream of their entire lives.
Daniel Negreanu
Champion Daniel Negreanu, with his unique and distinctive playing style, is already well-known among the Vietnamese betting community.
Throughout his career, Daniel has participated in numerous classic matches that are now included in textbooks for newcomers to study and reference.
Therefore, it is not surprising that he is included in the list of billionaires who got rich from Texas Hold’em with a fortune of up to 12 million USD.
Andrew Feldman
Unlike other players, Andrew Feldman is still quite young at just over 30 but has become one of the richest people in England.
When answering an interview at a show for billionaires, he shared that his secret to wealth is focusing on playing Poker to become a professional master.
According to reports, Andrew earns about 10 million USD from this game.
Annie Duke
The only woman on the list and also the one who successfully published a book sharing Poker tips, Annie Duke will be the last name on today’s billionaire list.
After a long time competing in various tournaments, friendly matches, or simply at the casino betting tables, Annie has won about 8 million USD.
Share 6 tips for getting rich from online Poker
Through analyzing the playing style and ways to get rich from the masters, I have compiled 6 tips to help you defeat all opponents and bookmakers as follows:
1. Determine the strength of your hole cards
Hole cards may seem unimportant but play a significant role in the player’s win or loss.
Depending on the strength of these cards, you need to build your action strategy right from the preflop round.
Below is a summary of some strong hole card hands worth the risk: Pair of Aces, Pair of Kings, Pair of Queens, Suited AK, Pair of Jacks, Pair of KQ, Pair of 10s, Pair of QJ,….
If you have very weak hole cards or even cards that are not related, it is best to fold as early as possible.
2. Understand your opponent’s style
Each Poker player has a different playing style; however, to make it easier to understand, you can divide them into 4 groups:
- Playing tight-passive: Not betting or raising much.
- Playing tight-aggressive: Ready to call or raise if the hole cards are good.
- Playing loose-passive: Absolutely not proactively calling but only checking.
- Playing loose-aggressive: Known as the scary ones who are willing to follow the cards to the end.
Depending on the style and characteristics of your opponent, you can determine a suitable playing strategy, thereby eliminating risks and increasing your chances of making money.
3. Know your bankroll and that of other players
Understanding your own bankroll and that of your opponents is not a redundant factor but extremely important.
Accordingly, you need to pay attention to the stack and the capital difference between the two players.
If you don’t have many chips left, going all-in will not be difficult.
4. Bluff correctly
The way to bluff in Poker is used when players with weak hands still want to win by acting, trying to assert that they have good cards.
However, the number of failed bluffs is much higher than successful ones, and the difference between these two cases is the timing and method of bluffing.
You should not go all in right from the flop; instead, gradually increase your bets and then go all in strongly on the turn.
5. Set a betting stop limit
Playing without a stop is very dangerous because at this point you cannot control yourself, leading to losing all your capital.
The way to fix this is to not bring too much money into your stack; instead, only use a portion of your capital for that.
When all your stack money is gone, that is when you need to stop, take a break, and regain your spirit after a series of big losses.
6. Take advantage of promotions from the bookmaker
Finally, do not forget to take advantage of free promotions from the bookmaker to help yourself have more starting capital.
Currently, online bookmakers often implement a variety of exciting events for newcomers or even for long-time players.
Therefore, if you have the opportunity, do not miss out.
Some other interesting Poker techniques:
Conclusion
Thus, to get rich from Poker, you just need to choose the right green table and apply the useful betting tips above.
Among them, the most important is to build a playing strategy based on the strength of your starting hands right from the pre-flop round.
