Why can’t I win money at online poker? Where am I going wrong? What do I need to do to improve my poker game?

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I don’t know. Those are some pretty vague questions right there. Maybe if you sent me some stats, graphs and a few hand histories then I might be able to do something. Then again, this isn’t really much of a dialogue, so that’s not going to work either.

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However, what I can do is give you a bunch of reasons as to why you can’t win money from online poker and ideas for what you could do to improve. How does, say, a nice, round 26 reasons sound?

Reasons why you lose money playing online poker.

1. You’ve played 1,000 hands. Ever heard of variance? Don’t draw any conclusions until you hit at least 10,000 hands, and even then you can’t really rely on the results from that sample size. Just play lots of hands before you resign yourself to the losers’ corner.
2. You don’t use bankroll management. If you don’t use BR management, you’re never going to be able to consistently win money from poker. And no, I’m not just saying that to scare you.
3. You play too many hands. Sure, all hands in poker have a chance of winning, but then I also have a chance of having a threesome. Just because an event can happen it doesn’t mean that you should put your money behind it. The odds aren’t always going to be in your favour.
4. You undervalue position. How many articles and tips is it going to take before you start to understand that position is actually way more important than you think it is? Have you not noticed how much easier it is to play from the button than it is UTG?
5. You make minraises before and after the flop. Why? Raise 3BB + 1BB for each limper preflop and bet at least 2/3rds of the pot postflop and you’ll do much better for yourself. See bet sizing for more details.
6. You multi-table too many tables. Yeah sure, all the cool kids are multi-tabling but that doesn’t mean you have to too. Take you time and play within your comfort zone. I’m sure that if I had a Ferrari as my first car I would have crashed it. Thank God that I was broke and had to settle for a washing machine with wheels.
7. You chase draws too much. Blindly chasing after any and every flush and straight draw isn’t going to pay off. Pot odds will sort you out.
8. You make crying calls. It’s nice to be able to see your opponent’s hand at the end, but if it’s costing you money then it’s not really all that nice at all. Learn to be content with your decision and fold if you think you’re behind.
9. You blame the poker room and not yourself. PokerStars is rigged!!11!! - of course. It couldn’t possibly that you have leaks in your game could it. Winning players look inward not outward when they are losing.
10. You haven’t read any poker books. Even in this high-tech world of training videos, interactive seminars and snowboarding, there is still room for the good old-fashioned poker books. The better ones are still incredibly helpful, so don't overlook them.
11. You chase after stats. You are 28/16/2 and apparently you need to play 22/18/3 to be a winning poker player at 6max NLHE, so you force yourself to play less hands and raise more. Unfortunately, that’s not how it works. Focus on playing good poker and the stats will take care of themselves.
12. You play whilst on tilt. Yes, that’s right. Shoving all-in with 63 offsuit UTG is by far the most effective way to get your money back after that bad beat.
13. You make fancy plays against micro stakes players.Floating the flop and check raising the turn isn’t going to go down too well if the guy on the other side of the screen is dribbling, scratching his balls and randomly clicking buttons. Keep it simple. Bet your good hands and check/fold your bad hands.
14. You don’t value bet big enough. Seriously, crank your value bets up and your winrate will skyrocket. Why bet $20 in to a $100 pot when you can get called by a $100 bet? Bigger value bets = bigger wins.
15. You don’t value bet at all. Even worse! If you have a good hand, get some money for it. Don’t be afraid to lose 1 time out of 10 or whatever. Not value betting is like never crossing the road because you’re always afraid of getting run over.
16. You call raises with weak hands and then fold to further action. If you don’t have a plan for later on in the hand you’re no better than a monkey clicking buttons. You should always have a plan of action for later streets. Fold on that turn if you don’t know what you’re going to do on the river.
17. You don’t continuation bet.Continuation bets can pick up loads o’ little pots. Adding the cbet to your game is an instant winrate booster.
18. You continuation bet too much. Easy now tiger, cbets are good and all but not necessarily 100% of the time. On some flops you’re much better off checking. See this video on continuation betting for a quick quite on when and when not to cbet.
19. You don’t double barrel. This is often because you just cbet too much. If you’re not prepared to double barrel then hold back on those cbets.
20. You double barrel too much. Just because your continuation bet got called it doesn’t mean you need to go ahead and throw the kitchen sink at your opponent to get them off the hand. Pick your spots.
21. You triple barrel too much. I think this is going to be the biggest bankroll rapist. Poor triple barrels are going to ravage your bankroll until it’s a quivering mess.
22. You don’t 3bet enough. If you’re not 3betting your AKs and AQs against loose raises you are missing out on easy money. Put money in the middle with strong hands.
23. You call too many 3bets. If you raise and get 3bet by a tight player, what sort of hands do you think your AJo is beating?
24. You don’t get rakeback. This isn’t going to fix the root of the problem, but if you’re a break even or marginal losing player then rakeback can turn you in to a winning player overnight.
25. You play when you’re tired or drunk. As a rule of thumb, if it's not legal for you to drive, then you shouldn’t play poker either. As sad as it is to say this, think of poker as a sport. You need to be in good condition, otherwise your results will suffer.
26. You have a “lucky” hand. No, J3o isn’t lucky and it’s not going to win you any money.
    

Any of those help you out?

Oh, and for what it's worth, you definitely can win money from poker. Have a look at how much money you can win playing online poker.

Go back to the interesting Texas Hold'em articles.

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“I quit my job and started playing poker back in February of 08',
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you become a winning player, this is it.”
- Malefiicus, DC Member

For the last eight years, the largest tournament in the world has been the World Series of Poker Main Event. With the exception of 1992, the US$10,000 buy-in tournament increased in prize pool year-over-year from its start in 1970 until 2007 (the latter a result of the Unlawful Internet Gambling Enforcement Act of 2006, which reduced the number of players winning their seats via online play).

The first tournament to reach a million dollar prize pool was the 1983 WSOP Main Event. The WSOP Main Event of 2004 had the first prize pool of above $10,000,000.

The largest non Hold'em Tournament has been the 2008 WSOP $50K HORSE with a prize pool of $7,104,000 and the first prize of $1,989,120 going to Scotty Nguyen.^[1]

Below are the 30 largest poker tournaments with respect to the prize pool in United States dollars and not number of entrants. This list includes live and online poker.

Currently, 14 of the 15 largest prize pools in history have been WSOP Main Events. The second largest prize pool outside of the Main Event is the 2012 WSOP event known as The Big One for One Drop, held from July 1–3. It featured a buy-in of US$1 million, the largest in poker history. Of the buy-in, $111,111 was a charitable donation to the One Drop Foundation, and the WSOP took no rake. All 48 seats available for that event were filled, resulting in a prize pool of $42,666,672, with over 5 million dollars donated.^[2] The second largest pool for any event outside of the WSOP was the 2012 Macau High Stakes Challenge, with a HK$2 million (US$260,000) buy-in plus a rebuy option. The event drew a field of 73, of which 21 made a rebuy, resulting in a prize pool of HK$182,360,000 (slightly over US$23.5 million).^[3]

All of the 30 richest tournaments to date were played in No Limit Hold'em.

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Notes[edit]

1. ^Hendon Mob
2. ^Dalla, Nolan (June 30, 2012). 'The Biggest One—World's Most Spectacular Poker Extravaganza Starts Sunday'. World Series of Poker. Retrieved July 3, 2012.
3. ^Peters, Donnie (August 31, 2012). 'Stanley Choi Wins Macau High Stakes Challenge for US$6,465,746'. PokerNews.com. Retrieved October 21, 2012.
4. ^'2006 WSOP Main Event payouts'. WSOP. Retrieved 4 September 2017.
5. ^Hendon Mob
6. ^https://pokerdb.thehendonmob.com/event.php?a=r&n=541550
7. ^[1]
8. ^wsop.com
9. ^http://www.wsop.com/tournaments/payouts.asp?grid=1352&tid=15673
10. ^https://triton-series.com/triton-super-high-roller-series-london-2019/
11. ^'PIUS HEINZ WINS 2011 WSOP MAIN EVENT CHAMPIONSHIP'. WSOP. 8 November 2011. Retrieved 9 November 2011.
12. ^Hendon Mob
13. ^'Level 4 concludes: officially the largest main event in the last five years'. WSOP. Retrieved 4 September 2017.
14. ^Poker News Daily
15. ^pokernews.com
16. ^'2009 WSOP main event prize pool'. WSOP. Retrieved 4 September 2017.
17. ^'Event #68: No-Limit Hold'em MAIN EVENT'. 2015 World Series op Poker Chip Counts. World Series of Poker. Retrieved July 15, 2015.
18. ^Hendon Mob
19. ^'2013 44th Annual World Series of Poker, Event #62: No-Limit Hold'em Main Event'. WSOP.com. Retrieved July 20, 2013. Click on the 'Prizepool' tab for the first prize.
20. ^Hendon Mob
21. ^Dalla, Nolan (July 3, 2012). 'Antonio Esfandiari Pulls Off Amazing Trick by Winning One Drop'. WSOP.com. Retrieved July 4, 2012.
22. ^Hendon Mob
23. ^[2]
24. ^[3]
25. ^[4]
26. ^Hendon Mob
27. ^Hendon Mob
28. ^Hendon Mob
29. ^Hendon Mob
30. ^Hendon Mob
31. ^[5]
32. ^Hendon Mob
33. ^Hendon Mob
34. ^pokerstarsblog.com