Playing poker online is very different from taking part in a live game, as the ability to play on multiple tables at once allows you to play a massive number of hands over a short period of time. As a result, you have to keep in mind that the lowest online stakes of $0.02/$0.04 are pretty much the equivalent of $1/$2 in a live game. Consequently, only the most die-hard high rollers can afford playing on stakes like $20/$40 and above, which means that most sites won’t even bother allowing stakes like $100/$200 simply because nobody would play them.
Most online poker rooms offer at least a high stakes tables for Texas Hold’em and Pot Limit Omaha. A typical online high-roller Hold’em game would be played with $30/$60 stakes, but as mentioned above, the biggest sites can afford to offer more – up to $100/$200 or even $500/$1,000. Generally speaking, the availability of high stakes tables is closely tied to the amount of traffic going through the poker network in question. The rule of thumb is that the bigger the site, the higher the stakes are and the more likely you are to find an opponent. Nevertheless, you shouldn’t expect to take part in too many full-ring high-stakes games, as most tables are designed with short-handed or heads-up play in mind.
Finding online high stakes tournaments is probably even harder than finding high stakes cash games, as waiting for a high-roller Sit & Go to fill would take ridiculous amounts of time. As a result, high stakes tournament players have to rely on pre-scheduled events such as PokerStars’ Sunday Majors, which includes the $215 Buy-in Sunday $1,000,000 Guarantee. All things considered, while it is possible to compete for massive prizes online, it’s very hard to do so in a limited group of elite players.
As you’ve probably already guessed, the best high stakes poker rooms are the ones that have the most traffic. PokerStars, which is currently the most popular online poker site in the world, is well known for being extremely friendly to professional high stakes players and offering the best high stakes tournaments and cash games. Full Tilt Poker, which is the third most popular poker room right now, is only a little bit worse, which shouldn’t be surprising considering the fact that it used to be the premier high-roller site just a few years ago. Other sites and networks like PartyPoker, 888 or iPoker aren’t all that impressive when it comes to high stakes games. This means that US-based players might have a really tough time finding a good high-roller poker site, as neither Full Tilt nor PokerStars accept American customers.