how much can you make and misc thoughts
 

many times it has been asked, how much can you make playing poker? a friend who has been playing around the 80-160 level for over 10 years and I were discussing this the other day, and here is what we came up with:

80-160 to 150-300: $250,000-500,000/yr

30-60 to 40-80: $100,000+/yr

online, playing no higher than 30-60: $200,000/yr

these are subjective estimates based on our personal experience and knowledge of other players' results. ymmv. I would be interested in whether others agree or disagree.

I have no idea what my iq is, but I doubt I would ever make it onto one of david's lists. despite that, I have become somewhat succsessful at the 100-200 level. often players discuss the differences between the level they are playing and higher levels, whether they be 5-10 to 20-40 or 100-200 to 400-800 (or higher). usually, they think that the game is played the same but the higher limit players just have more money or were lucky in building a bankroll large enough to play that high.

I think this is wrong, and the reason applies to myself as well as to others. successful higher limit players play better than those at lower limits, and the most important skills they posess is hand reading. this allows them to make better decisions, which ties in directly to david's point about superior reasoning. decision-making is the real difference.

I think the real reason for david's list is to say, nah nah na nah nah, we're better than you are. but from my reading of his materials and my limited conversations with him, I think david is one of the most intelligent people I have ever met, so his list is probably right on.

Re: how much can you make and misc thoughts
 

Your estimates seem correct. Your post kicks ass. I always look forward to a fresh snakehead post.

Re: how much can you make and misc thoughts
 

And I'm always excited to see the old patriots logo. I wish they'd never changed it.

Re: how much can you make and misc thoughts
 

[ QUOTE ]

online, playing no higher than 30-60: $200,000/yr


[/ QUOTE ]

It has to be higher than that. I'm not very good, don't multi-table regularly, don't have a rakeback deal, and don't put in full time hours and I got close to 100k in the last 6 months. I would say the limit is somewhere around $250k-300k.

Re: how much can you make and misc thoughts
 

I think your online estimate is low unless, perhaps, you are only considering full games. Multitabling shorthanded games can get you way above this number.

-Michael

Re: how much can you make and misc thoughts
 

Online 15-30: 8 tables, 2 BB/100, 40 hrs/week.

Conservative 400 hands/Hr x $60/100 hands x 40hrs/wk x 52 weeks = $499K. This is probably close to an extreme case but there's no rakeback added in either (which would be around $70K). The ability to multi-table online just skyrockets earnings per playing hour potential.

Re: how much can you make and misc thoughts
 

Playing 30-60 and you don't have a rakeback deal? Why? That's like giving away money to non-homeless people.

(no im not an affiliate.)

-Jman28

Re: how much can you make and misc thoughts
 

that's a great theory.

Re: how much can you make and misc thoughts
 

I once made $100,000 in one month, but that doesn't have anything to do with long term expectation.

Re: how much can you make and misc thoughts
 

snakehead,

based on my limited experience, a good no limit pro who does not tilt and always stays on his A game - even if that A game were merely good - and played 1,500 hours/year would make $200,000/yr or more playing 4 full tables of 5-10nl if he were flexible in when he (or she) played and reasonably observant. a great shorthanded player would make twice that but would have to create several accounts and play out of others' accounts or he would not get enough action.

a limit pro playing four tables of 10-handed 5-10 could reasonably make 120,000/yr without extra effort provided he exercised game selection. a really good limit pro playing 4 full-table 10-20 and 15-30 games could make over 200K pretty easily if decent games continued to be available.

there's just no substitute for playing 240 hands/hour.

matt