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  #1  
Old 06-27-2005, 07:55 PM
PokerHorse PokerHorse is offline
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Default Going pro Article

About 5 or 6 months ago I posted a thread regarding David Sklansky's forward in which he stated that it is easy to make 50k playing 3-6 holdem on the internet.
I challenged that it was not easy, and I met with a very angry mob response, and a very short post from Mr Sklansky re-stating how easy it is.
There was a poster who posted his winning record playing 6 tables for 100k hands. It took him 4 months to reach that amount of hands, and I believe he had made 18k. It was very impressive, but it didnt change my attitude.
I realize that there are some people who are currently playing crazy amounts of tables and making money. That being said I believe they are the exception rather than the rule.
Ed Miller is possibly the best poker author out there right now. besides the math, he seems to have a natural
understanding of poker strategy and he communicates his thoughts very clearly. it's just that I disagree with how to go about making money on the internet.

After playing online for several months now, I think I can safely say that for example; you should not multi-table more than 2-3 games of 6 maxx, any level. you need to be
very aware of the players tendencies in this game. I know I'll hear from someone who is multi-tabling 24 games of 6maxx 5-10 and making six figures a month or some crazy figure, but 6maxx demands quick decisions, higher aggression, and features maniacs in about 30% of the games you'll play.It's simply too demanding to multi-table more than 3 successfully imo.
To make 4k a month at 3-6, you need to play roughly 44k hands, and make at least 1 1/2bb/100. To do this, you need to play every day 5 hours a day or 5 days a week 8 hours a day 4-tabling.
Can you sustain this pace? if so, then as David said, 50k is no problem.I dont think it's realistic.
A realistic pace would be to play slightly above 8 hours worth of hands at B&M.
If you play 400-500 hands a day online ,you are way ahead
of B&M games, and you can have a life. And I would keep that at 5 days a week.
Realistic earnings= 3-6 holdem 1200-1400 monthly.
This I believe is reality,.
Also if you want to watch a great 6maxx player, go to Ladbrokes and watch 22year old, "The Salmon", and other play 200-400 6maxx. very entertaining andinstructive.

If you want to get a realistic idea of what to expect from another source, then go to King Yao's Blog,(author of Weighing the Odds in Holdem) where he is currently developing a book on 6maxx internet play and is playing 50k hands of 6maxx at 10-20 15-30 levels and reporting back.
good luck
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  #2  
Old 06-27-2005, 08:32 PM
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Default Re: Going pro Article

I think if you're serious about long term profits, you have to balance B&M and online play. Good Luck knowing your online opponents' tendancies.( Can't hit what you can't see) Depends on the person and their stenghths; if you're psychic,go for it.But if you want to prove a point, I'll play anyone and win 50% of the pots online.Just fund the match & you'll be refunded. S.Spencersaspencer@adelphia.net
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  #3  
Old 06-27-2005, 08:57 PM
malorum malorum is offline
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Posts: 141
Default Re: Going pro Article

1400-1500 USD per month for that many hours. Oh Boy! [img]/images/graemlins/shocked.gif[/img] If that's what you expect then I'd find a more lucrative hobby/job.
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  #4  
Old 06-27-2005, 09:53 PM
PokerHorse PokerHorse is offline
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Default Re: Going pro Article

for aprox 75 hours a month you think thats bad at 3-6? ok
you need to play 150 hours to make 4k. is that good? Ypu tell me
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  #5  
Old 06-28-2005, 03:26 AM
dirty moose dirty moose is offline
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Default Re: Going pro Article

where can i find this article?
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  #6  
Old 06-28-2005, 10:40 AM
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Default Re: Going pro Article

PokerHorse wrote: [ QUOTE ]
Realistic earnings= 3-6 holdem 1200-1400 monthly.
This I believe is reality,.


[/ QUOTE ]

Aren't you forgetting rakeback and bonuses. You can easily make that much on rakeback and bonuses alone.

(I'm a newbie, my apologies it rakeback is a taboo topic)
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  #7  
Old 06-28-2005, 11:40 AM
PokerHorse PokerHorse is offline
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Default Re: Going pro Article

I play at party and cant get rakeback, but I wouldnt put it into the equation as those things change.
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  #8  
Old 06-28-2005, 11:42 AM
PokerHorse PokerHorse is offline
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Default Re: Going pro Article

king yaos is " weighingtheodds.blogspot.com
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  #9  
Old 06-28-2005, 06:01 PM
ptmusic ptmusic is offline
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Default Re: Going pro Article

[ QUOTE ]
I play at party and cant get rakeback, but I wouldnt put it into the equation as those things change.

[/ QUOTE ]

I agree with your original post and the actual difficulties of multitabling for a livable income.

But I think it's okay to include bonuses and rakebacks into the equation. Sure those things can change, but so can the whole dang internet poker thing! It could all be over in a few years, who is to say. In the meantime, take advantage of every opportunity, I say.

-ptmusic
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  #10  
Old 06-29-2005, 09:37 AM
malorum malorum is offline
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Default Re: Going pro Article

Lets make a coservative estimate if you don't mind playing full handed.
full handed 5/10 with say 0.7 BB per hour + a 25% rakeback should give you about 10 dollars per hour.
the above earn is not unrealistic for 6 tables.
For 75 hours month that gives you an expectation of 4500 USD.
If your prone to bouts of tiredness or tilt then fudge it down by as much as 30% and you still get an earn of over 3000 per month.

Its not trivial and you do need to be able to walk away from a 2000 USD losing streak as though nothing has happened.

To multitable 'effectively' means training your responses, not just studying. Also you need decent screenspace.

I think your right many people don't achieve these earnings but they are entirely feasible, and it requires dedication and drive rather than latent skill.
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