Category Archives: Gambling

Is Online Poker the Best Way to Make Money When Playing at Online Casinos?

Online poker carves out a unique niche in the online casino world. Unlike games purely based on luck, such as slots or roulette, poker blends skill with strategy. This distinction opens the door to potentially higher earnings, but also to greater challenges.

blue green and purple poker chips
Photo by Pixabay on Pexels.com

Online Poker vs. Other Casino Games

At its core, online poker differs greatly from most other casino offerings. It’s not just another game of chance. Skilled players can, and do, tip the scales in their favor. The evidence? Look no further than professional poker players, some of whom boast millions in tournament winnings. Yet, for every success story, countless others find the path to profitability steep. Estimates suggest only about 10% of poker players consistently win over the long haul.

This game’s inherent skill component allows players to overcome the randomness that defines other casino games. In roulette or slots, the house always has an edge—a mathematical advantage built into the game. Poker, however, places players against each other, not the house. This setup means your success hinges more on your ability than on sheer luck.

Professional Poker Players Earnings

Getting into the numbers, the top 100 live poker tournament earners each have pocketed over $9.5 million. The leader of the pack, Bryn Kenney, has amassed a staggering $65 million. Yet, it’s important to note that these figures don’t account for online play or cash game losses. A study tracking 2,489 online poker players over two years found only 13.5% ended up in the green.

Earnings for online pros vary widely. Those grinding at small to mid-stakes can expect to make anywhere from $25,000 to $500,000 annually. For the high rollers, yearly earnings can exceed $1 million. However, these figures are not guarantees but potentials for those with the skill, strategy, and discipline to succeed.

Poker Strategy and Tips

Success in poker isn’t about playing every hand; it’s about playing the right hands and playing them aggressively. Seasoned players often adopt a “tight and aggressive” approach, choosing a limited range of strong hands and betting them hard. Other strategies include semi-bluffing, fast-playing strong hands, and defending the big blind with the right moves.

Beyond strategy, consistent wins require solid bankroll management, smart game selection, and emotional control. The psychological aspect of poker—avoiding tilt and making rational decisions under pressure—is as important as knowing when to hold ’em and when to fold ’em.

Pair of aces playing cards next to a stack of black poker chips.

Online Poker: A Lucrative Opportunity with Caveats

So, is online poker the golden ticket to casino riches? It can be, but the journey is fraught with challenges. The allure of big earnings is real, but it’s accessible to those willing to put in the effort to master the game’s complexities. For the majority, online poker will not be a profitable endeavor.

As you consider getting into the world of online poker or any other casino game, it’s worth exploring what’s available. For example, the residents of Illinois, checking out local online casinos in Illinois offers a starting point to discover options and perhaps begin your poker journey.

The Verdict

Is online poker the best way to make money at online casinos? The answer depends on your definition of “best.” For those willing to invest the time and effort to master the game, poker offers a unique opportunity to leverage skill for profit—a rarity in the casino world. Yet, it’s a path fraught with challenges, requiring a commitment to learning and self-discipline that goes beyond what’s required for other casino games.

Conclusion

In conclusion, while the potential for profit in online poker surpasses that of other casino games, achieving consistent success demands a blend of skill, strategy, and discipline. For those prepared to invest the time and effort, the rewards can be substantial. But remember, for most, the path will not be easy.

MGM Rewards Tier Status Accelerator 2023

MGM Rewards is running a Tier Status Accelerator promotion through the end of 2023. The Tier Accelerator adds bonus Tier Credits to your account once you hit certain thresholds in a single day. This can help you achieve a higher tier status. like Gold or Platinum, faster than you would normally be able.

Here are the daily Tier Accelerator thresholds.

Accelerator Milestone #1

Earn 5,000 Tier Credits in one promotional day, receive a 1,250 Tier Credit Bonus. That’s 6,250 Tier Credits in one day.

Accelerator Milestone #2

Earn 10,000 Tier Credits in one promotional day, receive a 5,000 Tier Credit Bonus. That’s 15,000 Tier Credits in one day.

Accelerator Milestone #3

Earn 20,000 Tier Credits in one promotional day, receive a 20,000 Tier Credit Bonus. That’s 40,000 Tier Credits in one day for Gold Tier Status in just two days.

Accelerator Milestone #4

Earn 40,000 Tier Credits in one promotional day, receive a 60,000 Tier Credit Bonus. That’s 100,000 Tier Credits in one day for Platinum Tier Status in just two days.

Only one bonus will apply per day. That means that if you hit Milestone #3 (20,000 Tier Credits) you won’t also get the Milestone #1 and #2 bonuses. Nor can a lower bonus help you achieve the next Milestone.

The promotion is only running at Las Vegas properties. The promotional day is 12:00am to 11:59pm Pacific Time. Bonuses are applied a few hours after the end of the day.

Top Online Casino Sites Offering the Las Vegas Experience

Best Online Casinos Giving Out Las Vegas Vibe

Online casinos have brought the casino experience much closer to enthusiasts. The Las Vegas experience is brought to the comfort of your home as casinos roll out different features. What started as a clunky alternative to the real thing has since evolved to rival brick-and-mortar casinos in more ways than one. The best online casinos offer thrilling jackpot draws, live celebrity streams, and cutting-edge game studios so that you can experience the thrills firsthand. Online casinos also come with high-quality visual and sound effects that create the bustle you would expect from the biggest casinos in Vegas. Features like these make virtual casinos a good enough alternative to the Las Vegas Strip if your main interest is gambling.

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Mlife Extending Tier Credit Earning Period 31 days

I received an email from MGM / Mlife letting me know that they were extending the Tier Credit earning period for 2022 status by 31 days. They will count any Tier Credits earned in January 2022 towards both 2022 and 2023 status. (Quick reminder that when you earn Tier Credits, you are officially earning them towards your status for the following year).

I can understand why they wouldn’t want to simply extend your tier status for another year like they did last year, but giving me 31 more more days seems like an empty gesture. I have had minimal time in the casinos this year and have no plans to go this January. This promo certainly isn’t going to change that. If you are a few credits shy of achieving the next Mlife tier, though, I hope it helps you.

Vegas is back?

(UPDATE: Mask were required when indoors again from July 30th, 2021 – February 10, 2022. The mask mandate is no longer in effect)

Vegas is back. Kind of.

The cab driver on my way from the airport said that Vegas was back. And on the surface, that’s believable. There are a lot of people on the Strip. Shows are reopening and most restaurants and clubs are open. The airport is crowded.  That’s about as far as it goes. Even though the airport was busy, they have only 1 taxi line open and there wasn’t much of a wait when I landed.

Many restaurants have reopened, but not all of them. The ones that are open tend to require reservations. The lineup I saw waiting to get in to Catch at Aria right when they opened was comical. I considered going to the Bacchanal Buffet at Caesars, but all reservations were sold out for the duration of my last trip. Late night dining options are very limited (and you can expect long lines at the ones that are). It seems like more restaurants are reopening each week, though (like Fleur at Mandalay Bay reopening July 26th).

As a general rule, masks are not required if you are vaccinated.

If everyone is being honest, it looks like over 90% of the people in Las Vegas are vaccinated. I don’t believe that, though. I did get a few looks for wearing mine. Most staff members wore masks, but not all of them. I am guessing that some vaccinated staff may not be required to wear masks. I wasn’t happy that the Cosmo room service person came right into my room without a masks, though.

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