Ring games played for cash may not seem like your thing at all firstly, but with a little bit of patience, practice, and observation skills, you can get really good at the small stakes strategy needed to succeed in these games. For example, you can take part in games that ranges from $0.01/$0.02 and which goes till $0.05/$0.10 blinds, which are usually played by people just for fun. This way you do not have to worry about losing too much money even if you lose, and you can hope to make some small winnings if you approach the game with a proper strategy.
Firstly, in the ring games played online, you can choose for yourself which table you would like to play against. Take note of all the small stakes cash tables that are running at the same time, and then choose. Look up the statistics which tell you ‘average pot size’ for each table. Try and sit at a table where this is the highest, meaning that the players here are not prone at folding too quickly, and are playing many hands. So there is a first-rate chance of winning something if you can just wait and watch for a strong hand to come along.
A good small stakes strategy in ring games means that you play tight. Open the same with some kind of raise so that you have the chance to win a big or a decent pot. Before the flop, the best hands usually are the high pairs and the pocket pairs from 7-7+. Be cautious and watchful on playing weaker aces as there is a good chance that someone else at the table holds a better hand. It is always better to fold such hands in pre-flop round.
Lastly, small stakes games calls for a little bluff. There is a high possibility of being called out every time since the stakes are low, so you should just wait a little longer for a strong hand and keep raising the pot. Thus you can expect to get good returns in the end on your small investment.