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The High-Stakes World of Professional Poker Tournaments

We have seen a huge change in online poker in recent years. The growth in technological advancements in all industries has allowed online poker to improve significantly since the inception of online poker. Due to this, high-stakes online poker has also seen a huge increase over the last ten years. This has been evident from the massive prize pools that some of the more considerable poker card rooms online have been offering.

The truth is that high-stakes online poker is no longer a taboo subject and is definitely becoming a standard recreational pastime. The high-stakes world of professional poker comes in all shapes and sizes, and here is everything we have seen and expect to see in the coming years.

shuffle deck

Great online poker tournaments

Until recently, poker has been exclusively enjoyed at brick-and-mortar casinos. Due to this, many players seeking to live this lifestyle have changed their residency to places such as New Jersey and Nevada so they can play poker as a career. The advances we have seen in online poker mean that poker rooms are seeing many more players participating from all corners of the world. The removal of the need for relocating is truly pushing the online world.

A player must make sure, however, that the website they choose is a reliable and reputable one before participating in an online poker tournament with high stakes. In order to build up their reputations as trustworthy places where high-stakes poker can be played, many card rooms have spent the past decade strengthening their reputations.

In the past decade, these real money poker sites, which have been hosting weekly events since 2004, have achieved a high reputation for consistently producing excellent online poker tournaments at high stakes. It’s easy to trust the whole concept of online poker when you play in the best online card room, as most players stick with trusted online card rooms when it comes to high-stakes poker.

Ace spades

High stakes players

With much more finances going into online poker over the last ten years, a new type of player has begun to take shape – the high roller. A poker player who wants to see high stakes and only wants to play in the tournaments with the bigger prize pools. There isn’t any randomness to this development.

Over the last ten years, many players have come into a large sum of money due to these tournaments. With the opportunity of playing online poker becoming much easier than ever, we are now seeing the more talented players beginning to make their mark on the world of poker, which has really turned the competitive scene on its head. Many players now regard the $10,000 buy-in for the World Series of Poker as a fairly reasonable price.

Last year alone, close to 9,000 players joined the Main Event, which expects competitors to pay five-figure sums for a chance to win $10,000,000 if you can reach the very top. Online poker tournaments are looking to try and replicate the popularity of these types of events but have fallen short so far in attracting the kind of numbers we see in the World Series of Poker Main Events each year.

Even though the numbers are lower, there is no denying the growth in popularity we are seeing in high-stakes poker. The accessibility of online poker now allows players to play at any given moment in a bid to build on their bankrolls without the pressure of restricted time.

Online poker tournaments are more accessible than ever

As a game of skill, poker tournaments have become easier to access over the past decade due to high-stakes online poker tournaments. In the past, talented players were required to pay for participation. However, exceptions were made for those doing well in previous tournaments.

A large amount of the high-stakes online poker tournaments recently will have a considerable amount of satellite or feeder events that have allowed players to buy into small tournaments and gradually work themselves up to progress towards high-stakes competitions, often without paying a fee of any sort. Free tickets are a popular feature of online poker tournaments.

The reality is that many high-stakes tournaments now offer free tickets to players, allowing them to compete for sizeable rewards even though those players have not paid anything as a buy-in fee, but still with the conditions that they have been successful in the qualifying events. Online poker tournaments with high stakes have also allowed a considerable amount of players to enter land-based events.

Many card rooms now run online and land-based poker tournaments using their online satellites to reward players with entry to physical events. The game of poker has become much more accessible than it used to be, regardless of whether you have the funds to play in a major tournament upfront or prefer to grind through satellites to qualify.

chips bicycle

High stakes: the future of poker

Events with high stakes have become an essential part of the future of online poker, which is why we expect to see many more of these events taking place. With players not having more opportunities to win considerable financial payouts, the demand for high-stakes poker is higher than ever.

With the proliferation of online card rooms, players can now find competitive high-stakes events anywhere in the world, as the chance to play in these events entices players worldwide. In the years to come, high-stakes poker tournaments look to be much more for a common style to take place.

 

How Much Cash Back Will I Earn?

Rakeback increases your winnings from online poker as you continually earn money back from every raked hand or tournament you play.

Many players earn a living wage from rakeback alone. Use the calculator below to estimate the size of payments you’ll get over a given period of time. The calculator will compute your expected daily, weekly, and monthly cash back depending on the stakes and tables you input.

Calculate Your Rakeback
$125
Hourly
$998
Daily
$17,472
Monthly
$174,720
Yearly

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