In my mind then the best players in online poker games are the ones who make the most money. However the jury is out at the moment as to who that will be in twenty, thirty or forty years’ time and for one very important reason. This is because it is a mere 13 years since the inception of online poker. So when it comes to seeing your poker profits making you money by investing them then unless you have made phenomenal amounts of money then you are not going to see huge returns very quickly.
A half decent player with a bog standard 4bb/100 at say NL100 could be clearing a safe $500/week working twenty hours. This is $25k per year but if you have other sources of income that mean that you could reinvest 100% of this money then online poker could make you financially comfortable within ten years. That is at least $250,000 plus all accrued interest and if you put your winnings into safe bonds that pay around 5% then by year three or the end of year three then you would be making as much money in interest than you would make playing online for an entire month given this example earn rate.
$250k is often touted as a “life changing sum” of money but yet it can be amassed if you are careful enough and play solidly against players who you can beat. It is simply committing to a process and making sure that you play weak players. This is how I essentially make my money and it isn’t hard to see that after twenty years of doing this then making a million dollars from poker despite being quite a mediocre winning player is possible. When you start to feel the effects of compounded interest in the later years then and only then do you begin to see what poker can do for you.
Why not join “The Dean” on www.pokerstars.co.uk
