Online poker takes some nerves. It’s not that hard to start, but it is hard to keep your wins and losses in the right proportion. If winning poker games is your thing, then you could really make a nice supplemental income off of this. The main thing is to not get lost in the rush of the game and to know when you should or shouldn’t play based on your budget.
A quick search online will reveal numerous websites that offer online poker. What you’re looking for are legitimate businesses that offer low-stakes games and the chance to win the pot. If you play poker but you don’t have a journal keeping track of your wins and losses, now is a good time to start. You really need to make sure that you can make a decent return on the investment you put into playing games. But with just a small investment up front (enough for a few games), you can build some momentum. And that’s why it’s on our Side Hustle Master List.
Get ready to crunch some numbers
This isn’t a side hustle to try if you’re afraid of math. The reason why your win/loss journal is so important is that you can calculate your ROI based off of those numbers. You also have to project over the month and see how much time you have available to play poker, what situations you perform best in, and how your opponents stack up throughout the month. The starting point for real-money online poker is NL2 games. These games require a buy-in of $2. Now, with a good win/loss ratio and hours per day, you’d be able to make around $150/month. But at this level, your competition is a lot worse and you have a higher chance of winning. This hustle takes time and research, so be sure to check out the links below for more information.