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Quality or Quantity - What’s More Profitable in Online Poker?
By Brodey Sheppard - March 02, 2016
It's the early 2000s, and online poker players of today simply have to know - or quickly find out - how to choose the right online poker tournaments, come up with their own winning game plan and cash out money. Yes, visiting the best online poker sites for real money is an effective strategy too. However, through the years and with the growing market of online poker players, the degree of the game’s difficulty has become even higher and the learning curve for casino gamers has increased. It’s not enough to know how to play Texas Hold ‘Em Poker. Players now have to continually build their poker skill sets to develop more and more effective strategies for winning.
About a decade ago, making money out of playing poker online was a cakewalk. Players could still make a profit and increase their poker net worth even without spending a reasonable amount of time honing their skills. Nowadays, the top online poker players exhaust all means to take advantage of their opponents so they can have an efficient online poker bankroll management as well as an ever-rising win rate. Aspiring online poker players are now faced with the challenge of stepping up their game. Even if they practice through free to play online poker games or find a bunch of online poker no deposit bonuses, they would still have to come up with an effective strategy that will help them become more profitable in the long run.
Quality or Quantity - What’s More Profitable in Online Poker?
The issue that should be addressed first is choosing between quality or quantity. Generally speaking, professional online poker players play at multiple tables. However, most of them use a virtually foolproof multi-table strategy when they play online poker games for cash. Most professional poker players can comfortably play at around four to 12 tables at a time when they visit an online casino. They can even make money even when they are playing online poker for fun. This goes without saying that they have developed a poker scheme that will help them gain more profits in the long run.
Should Amateur Online Poker Players Play Multi-Tables?
Like other questions asked regarding poker, the answer to that is, “it depends.” Before you play online poker for real money and consider playing at multiple tables at once, you should determine your expected value in poker. Your expected value has something to do with your anticipated profit in the long run with the games and stakes that you play. You can review one of our articles to learn more about determining your long-term expected value in poker.
If your goal is to learn and to gain experience, there’s no harm in playing at four or more micro-stakes tables so you can adapt faster. However, doing so may be costly. So, if you aim to earn money right away, avoid playing at multiple tables first. You would have to make sure that you are the stronger player at the table before you enter the quick-click side of online poker.
You will only aggravate your online poker losses when you play more tables. It is best to experiment by playing at low stakes tables before you follow your own poker wisdom as well as the poker strategies that pros use on multiple tables.
Let us assume that you are a single-table online poker player and that you’re good at it. It wouldn’t then be a bad idea to test the waters by playing on several tables while utilizing a "trial and error" scheme. This will initially help you identify your personal break-even point. Every online poker player knows that there is a point where they will reach an amount of tables that takes away their profit.
Regardless of the number of tables that determine your breaking point in poker, ultimately, there is an equation that you have to figure out. Whether you’re playing mobile poker or visiting the best poker sites, the following simplified equation will guide you along the way.
Let’s say that you’re winning at a particular buy-in with a 5% Return on Investment (ROI). You can have a decent profit even when you play on multiple tables while exchanging that for a lower 3% rate. However, there are still external factors which can affect this, including online poker bonuses as well as poker loyalty benefits.
On the other hand, keep in mind that in the long run, quality still trumps over quantity. This is true because it is difficult to measure the difference between slightly losing in one among any given online poker game and becoming a steady, winning player.
Remember that most casino gamers who play online poker for fun are no longer carelessly dumping a large percentage of their stack into a pot just so they can instantly fold during an uneventful flop. As previously mentioned, a careful calculation is necessary for determining your hand equity and chip stack for efficient online poker bankroll management. Needless to say, you can only consistently win when you outplay decent poker opponents.
When Quality Trumps Over Quantity
The thing to remember about playing on multiple tables is that it requires a player to adjust on a daily or weekly basis. If a poker player is not prepared to do as such, they will discover that their increased volume does not necessarily render positive results. It is in this scenario that an online poker player should choose quality first. Along the way, they can choose ‘quantity’ and enlarge their bankroll through their base poker skills.
General Guideline for a Multi-Table Poker Player
Let’s take a look at the quantity of tables that Rocco Palumbo plays. Palumbo is a professional online poker player who won a 2012 WSOP bracelet for $464,000, so we it is safe to say that his strategy works. He says that he competes in under 30 online poker tournaments per day. In a rough estimate, we can see that Palumbo plays on around eight to ten tables per day, and perhaps more during Sundays. He does this in tournaments that feature an average buy-in of more than $100. Palumbo is the 13th best online poker player in the world so we can trust that his number can be a guideline for aspiring poker players who focus their abilities in games with smaller stakes.
However, do remember that the game will still be difficult because there will always be an influx of up and coming players who are willing to eat, breathe and live poker. So, take the time to concentrate on developing your A Game while caring less about quantity first.