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-   -   How many poker pros can net over $150k per annum? (http://archives2.twoplustwo.com/showthread.php?t=152815)

Michael Emery 11-24-2004 05:39 AM

Re: How many poker pros can net over $150k per annum?
 
I dont recall which Poker Essays Volume this was in and I'm too lazy to look right now. But I do remember something being said about Mason or Zee knowing some of the best $75-$150 professionals who avg. approx. 150K per year. So its strange that you threw out that figure. Nowadays though I know plenty of people who could simply do this playing 15-30 or so online multi-tabling.

Mike Emery

By the way. For those of you who were asking what you get if you guess the correct amount of jelly beans in my jar, you get one night of pleasure with Shana Hiatt (party's model) [img]/images/graemlins/tongue.gif[/img]. Shes already agreed to this.

Luv2DriveTT 11-24-2004 08:53 AM

Re: How many poker pros can net over $150k per annum?
 
How many licks does it take to get to the center of a Tootsieroll lollypop?

Lets find out....

TT [img]/images/graemlins/club.gif[/img]

Paluka 11-24-2004 01:40 PM

Re: How many poker pros can net over $150k per annum?
 
I don't remember the exact numbers in Sklansky's post either, but the numbers were absurdly low. I would be stunned if there weren't 100 players on partypoker who would make $150k a year if they played full time.

Martin Aigner 11-24-2004 02:52 PM

lol
 
loved that book

Phat Mack 11-24-2004 04:35 PM

Re: How many poker pros can net over $150k per annum?
 
What if 6 turned out to be 9?

MicroBob 11-24-2004 04:37 PM

Re: How many poker pros can net over $150k per annum?
 
For the successful, full-time, multi-tabling 15/30 guys it shouldn't be that out of reach.


$150k/yr = $3k/wk
That's $600/day if you play 5 days a week.

$600 is 20BB at 15/30.

If you earn 1BB/hr per table (or about 1.6BB/100 or so) then that's just 20 table-hours per day.....OR 5 hours of 4-tables.

If you're an 8-tabler earning less than 1.6BB/100 (maybe 1.2BB/100 or 0.75BB/hr perhaps) you can probably do it playing 3-hours a day for 5 days a week. You'll be making 0.75BB/hr on 8 tables for a total of 6BB/hr = $180/hr.
So it will actually have to be closer to 3.5 hours to earn your $600/day.

This, of course, assumes you have the necessary bankroll to sustain the swings and you really are winning 1BB/100 or more at 15/30.

Porcupine 11-24-2004 10:19 PM

Re: How many poker pros can net over $150k per annum?
 
I don't have to read through it right now (not my work), but
this looks like good start for the jellybean problem

Michael Emery 11-25-2004 11:12 AM

Re: How many poker pros can net over $150k per annum?
 
Porcupine,

You'd be taking the easy way out using that simple formula to solve the jellybean problem.
[img]/images/graemlins/smile.gif[/img]
Mike Emery

47outs 11-25-2004 11:58 AM

Re: How many poker pros can net over $150k per annum?
 
With multi-tabling, PT, rake rebates, propping and whatever else I'm missing $150k is relatively easy to do.

Actually the hardest part is not getting burnt out. Putting in the time has proven difficult for even the best.

The actual extracting money from the poker table is the easy part!


outs

Rushmore 11-25-2004 01:02 PM

Re: How many poker pros can net over $150k per annum?
 
[ QUOTE ]
Actually the hardest part is not getting burnt out. Putting in the time has proven difficult for even the best.

[/ QUOTE ]

Suggestion: Before going pro, take a job digging ditches or tarring the roads or managing a sales office or being an administrative assistant or working at Kash N Karry or being a babysitter or being an associate professor of philosophy or being a pool cleaner eight to ten hours a day, then work that job for, oh, say six years.

Then tell somebody about burning out at the poker table.

"I feel like I'm burning out on my job."

Scenario 1 reaction: "Sir, I realize we're busy, but may I have a (day/week/month) off so that I can regain my humanity?"

Scenario 2 reaction: "Man, I love the beach."


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