Choosing a career in the poker industry seems like a very straightforward decision. Everyone wants to be an online poker player.
Everyone wants to play poker professionally and make money from cash games and tournaments.
The honest truth of the matter is that everyone can be an online poker player but not everybody can be a professional playing online poker.
Thankfully, the poker industry does not run on just one business, there is also poker affiliate marketing.
If you want to have a poker career, these are two very good ways of making money in the poker industry as long as you have the passion, determination and qualities needed for the role.
In this article we will look at both fields, and compare them.
Online Poker pro
Pros and Cons of being an online poker pro in the online poker industry
Pros
Your profits are unlimited
There is no limit to how much money you may earn when playing poker professionally. Depending on how you play the game, you may earn a lot of money while playing poker.
If you are a good at playing poker, you will definitely earn more than someone who is good at poker affiliate marketing
You get to enjoy remote working
When you are an online poker professional, you have the privilege of working remote. This means that you can earn money playing poker anywhere in the world, you can travel however you like and live wherever you like.
If you are great at playing poker, you will find yourself with more freedom because you earn more money.
There are no working days or hours
With an online poker software, there is no time shift for your playing hours, unlike in the corporate sector, where a person must be at the office at a specific time every day. You are free to play your game and make money whenever you like.
Poker players may not have to pay as much in taxes
You will also benefit from tax breaks as a poker pro. The amount of taxes you must pay on your poker winnings varies by state.
Yet, because your poker profits will not be monitored if you just play cash games, most poker players will declare far lower incomes than they actually have, allowing them to pay less taxes.
Cons
You do not have a set income
Whereas tilers and many other workers just work and get paid every month, you will not have this privilege.
Instead, you will only receive the money earned playing poker, and if you have a losing month, you will receive nothing from playing online poker.
It isn’t all in your hands. Luck plays a part
Many individuals often overlook the element of luck that comes with playing poker. In truth, chance counts a lot in the short term, but it doesn’t matter at all in the long run.
Many younger poker players don’t grasp this and never recover from downswings caused by bad luck, despite the fact that they may be skilled enough to make a living playing poker.
Playing poker has regulatory concerns.
In certain states, you may even be prohibited from playing poker.
Furthermore, restrictions in this area differ widely among states and nations, and you may even be forced to relocate for a career as a professional poker player for legal reasons.
Capital required to get started
While the potential gains in poker might be enormous, it does require a significant amount of funds to get started. Depending on the type of poker you play, you will need a high enough buy-in to cover a significant number of hands.
The amount of money required for buy-ins varies depending on whether you play online or at a live casino. The reason a lot of players have not begun their poker journeys is because they do not have this capital.
Online Poker affiliate
Poker affiliate marketers are heavily relied upon by poker sites as they help them spread the reach of poker around the world to fans through their own poker affiliate website.
You can make money with a poker affiliate program because when you advertise for a poker website and poker players are led to those sites as a result, the poker sites will give you profit as a result.
Pros
Could be a secondary source of income
Beginning out as a poker affiliate marketer does not need leaving your existing work. You may undertake it as a side project and see what you can get out of it in the first few months.
You don’t need a marketing degree
To become a poker affiliate, you do not need to be a marketing expert straight away. The beautiful thing about affiliate marketing is that you can learn as you go by experimenting with different organic and paid initiatives.
There are also several methods for running and managing affiliate marketing programs. Use any previous marketing expertise to determine what works best and generates the most revenues. Then, to gain results, optimize and replicate the effective patterns.
Passive Income
Another significant advantage of being an affiliate marketer is the possibility of earning a passive income. This is a widely pushed mantra of Neil Patel “Earn $$$ while you ZZZ”. The ability to generate passive income entails earning money while you sleep as a poker affiliate marketer.
Wouldn’t it be amazing to wake up in the morning, open your laptop, and find extra money in your account? The results of your efforts.
It is possible for you to wake up like this if you have a better knowledge of what affiliate marketing is all about.
Single Proprietorship
As a poker affiliate, you are often a freelancer who must establish your commercial activity. The greatest thing is that the expenditures, such as computers and cell phones, may be claimed as tax deductions.
Cons
You have no control over your competition.
Depending on the industry, competition differs. Many people try their hand at poker affiliate marketing since it has several advantages, such as minimal initial costs, huge return potential, and little skill required. Everyone may join and succeed.
Extremely accomplished poker affiliate marketers tend to form a heated rivalry, which is an evident risk to your performance and a big disadvantage.
This, however, should not terrify you. Recall that hard effort and persistence are required success components.
There is no revenue guarantee
Pay-per-performance may be both a fantastic opportunity and a huge danger as a poker affiliate.
Nobody guarantees that operating as an online poker affiliate marketer would be easy or that you will immediately earn the required cash. It’s a task you must meet and devote all of your efforts to maximize the opportunity, but it’s tough to forecast how much money you will make in the end.
So what do you choose?
When you weigh in both jobs, you see that they are both similar in some ways and different in others. Probably the biggest difference between both is that when you are an online poker player, you play for money, you win money and you lose money.
If you feel like you cannot handle losing money, or your emotional state is not suited to poker then you can become a poker affiliate marketer and take less risks while still being involved in the poker industry.
