Start Playing Poker With The Best Tutorial, Part 1
Start up your poker business – Part 1: The Basics for online poker
Most players have thought about poker as a possibility to earn money. Big money tournaments like the World Series of Poker or the Aussie Millions are aired on ESPN day and night, where top prizes are similar to winning the lottery. People see high stakes cash games – most notably High Stakes Poker on GSN – in which aggressive players like Tom Dwan (a.k.a. „durrrr”) bet three streets heads up with air, and make their opponents fold. To a non-competent viewer, it just seems incredibly easy to win big money by playing poker. All durrr did was bet-bet-bet, and he won a 6 digit pot. Most people are lazy, and want to get rich the easy way. People believe in miracles. And exploiting this attitude is all we are about.
Think of any business. What is the ultimate goal of any business? To make money. Simple as that. In today’s competitive environment, only the best can survive. The business with the greatest edge. There is one huge difference between the economy and poker. All the businesses are about making money. If they don’t do that, sooner or later they shut down. Studies show that over 75% of poker players are recreational players, who are playing poker online for fun. Imagine such a business environment! There is a huge potential here, yet many are getting along with thin winrates and marginal winnings. My aim is to show how you can achieve massive results in the long run by adapting standard business principles.
In this multi-part step by step guide I’ll lead you through the technical part of setting up your ideal workspace, and I’ll introduce the mentality you need to achieve your goals. I’ll provide a detailed, illustrated guide, describing all the steps you need. This guide is intended for people with zero to low experience with poker.
If you feel confident playing above the micro/small stakes, this guide will have less value to you. You should focus on the mindset, and the business-like approach mostly. I guarantee that the shift in the mindset will increase your results.
If however, you are either new to poker, or a micro stakes player (results so far are irrelevant in case you commit, as I’ll describe later), I advise you to follow the described system step by step. It will give you a huge competitive advantage on the limit you will start playing poker.
This guide is for those, who take it seriously. This is about starting a business. And starting a business is not easy. Splashing money around is easy, but starting your poker business requires effort. It requires investment in both time and money.
An important aspect of starting your poker business is that it requires way less investment in terms of money than setting up a company does. You have quite low startup costs, low fixed costs, and minimal variable costs. You need to keep a high inventory, but this inventory is totally liquid (it is cash basically) and there are no related costs to it. As you can see, setting up your poker business demands very little financial investment.
Careful planning of the investment of your time is essential for maximizing your results when you start playing poker. Deciding how much time to spend on your business per week, how to distribute it between learning, playing, and having fun, and sticking to this for a sustained time is the key to your success. Setting up the optimal environment as described above is only good establishing a solid base ground: essential, but not enough by itself. Your quality time and the effort you put in are the deciding factors.
Authors usually end their articles with something like “I hope you enjoyed it”. What I do hope, is that I have built up some excitement in you to start playing poker. An excitement, that will make you act on it. This excitement is what will make your poker business flourish. How?
Stay tuned for the rest of the series.
You can read the description how you can take advantage of the best rakeback offers. Just like other players, use this great opportunity to make extra money (cash back)!
Related articles:
Start up your poker business – Part 2: variance and bankroll management
Start up your poker business – Part 3: initial investments and useful poker software
Start up your poker business – Part 4: online poker site comparison
Start up your poker business – Part 5: your goals in poker, the right time to change levels and motivation
Earn extra money with poker
