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-   -   True Win Rate thoughts: Why can't I be a NL200 pro? (http://archives2.twoplustwo.com/showthread.php?t=306441)

HoldEmKillah 08-02-2005 11:21 PM

True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
I don't necessarily mean me but I mean anybody. I'll use my own stats as an example of what I mean. Nevermind the fact that I've only logged 9,000 hands at NL200 since this is just an example. A good player should be able to replicate these numbers after 50k or 100k hands. So why can't a good player be a pro making a SICK income off the NL200 fish? I never realized how much money can be made from just the 200 tables until I checked out my True Win Rate on PT today. Here are my stats after 9389 hands at NL200 on Party:

BB/100: 8.57
MT Ratio: 2.58
table hours: 50.45
True Win Rate: $63.76

So let's say that over the course of year someone makes slightly less than this...let's say $60/hr and plays 40 hours/week for 50 weeks (2 weeks vacation) then that's $120,000/year salary just from the 200 tables.

Increase your MT ratio or improve your BB/100 and it goes up even more. Beat up the NL400 tables for 6bb/100 and you're probably talking close to a $200,000 annual salary.

What am I missing here? Is this right?

Voltron87 08-02-2005 11:24 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
1. 40 hours of poker a week 50 weeks is an insane amount of poker, have fun with that

2. if you play that much your winrate will drop off from burnout, exhaustion

Voltron87 08-02-2005 11:28 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
thats only over 9K hands, which is nothing. 25 is still not enough.

HoldEmKillah 08-02-2005 11:32 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
[ QUOTE ]
thats only over 9K hands, which is nothing. 25 is still not enough.

[/ QUOTE ]

I know that. But good players DO have win rates of 8bb/100 at NL200. Like I said, I'm talking about a good player, not me [img]/images/graemlins/smirk.gif[/img]

HoldEmKillah 08-02-2005 11:34 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
[ QUOTE ]
1. 40 hours of poker a week 50 weeks is an insane amount of poker, have fun with that

2. if you play that much your winrate will drop off from burnout, exhaustion

[/ QUOTE ]

I have played poker for 40+ hours a week for the last 6 months and I have fun with that. I'm sure other successful players log more.

Yeah, burnout is a factor and I've had to strike a tough balance between rest and poker to stay focused.

mother_brain 08-02-2005 11:50 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
The calculations are correct though? 8BB/100 = ~$60 and hour or per 100 hands. Anybody wanna agree with this?

HoldEmKillah 08-02-2005 11:54 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
[ QUOTE ]
The calculations are correct though? 8BB/100 = ~$60 and hour or per 100 hands. Anybody wanna agree with this?

[/ QUOTE ]

8bb/100 at NL200 is $32 for every 100 hands played. If you have 8bb/100 and you 2-4 table then that's how you get a figure like $60 or $70/hour as your hourly wage.

mother_brain 08-02-2005 11:56 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
i gotcha so one table gets what about $25/hr?

Dommer 08-03-2005 12:59 AM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
Yep that's true, being a poker player can be very profitable. 120k+ a year is what the good players are making playing those stakes. A friend of mine is a top 10/20 NL player and he's up 430k for the year. Another friend of mine started poker 1.5 years ago and has made 330k so far. I however am an ingrate compared to them and I'm stuck at the .5/1 NL tables =(

PS. I should probably add that their stories are going to be the exception to the rule 99.999999% of the time.

BobboFitos 08-03-2005 01:10 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
[ QUOTE ]
Subject: Re: True Win Rate thoughts: Why can't I be a NL200 pro?

[/ QUOTE ]

you could

but

there are (apparently?) more things in life then poker

Voltron87 08-03-2005 01:11 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
[ QUOTE ]
[ QUOTE ]
Subject: Re: True Win Rate thoughts: Why can't I be a NL200 pro?

[/ QUOTE ]

you could

but

there are (apparently?) more things in life then poker

[/ QUOTE ]

yeah, like spending your money

passion 08-03-2005 01:17 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
I think you hit it on the head. Most people who can beat the 200NL game for 10+BB per 100 are probably good at other things that allow them to make a good living and provide health insurance, a pension, and lower tax liability (assuming you pay). It is also not clear to me how the whole internet poker thing is going to play up. The legality of the sites is in question and the games could always dry up. If the sites go away, start reporting payouts to the IRS, or the fish go away and you have invested years making a living playing poker, it can be hard to get back on a traditional career path.

Passion.

TheWorstPlayer 08-03-2005 01:20 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
oh yeah? how's summer school going? [img]/images/graemlins/tongue.gif[/img]

Voltron87 08-03-2005 01:29 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
im a youngster winning at over 10 pt bb at nl200, and here are my thoughts on poker/life and all that:

1. im playing the 200, although i could play higher right now, both in roll and skill, but 4 tabling the 200 just has an awesome risk reward ratio in terms of my needs.

2. poker might not be around in 10 years, and ive got to earn money for 30-40 years more of my life.

3. poker is great now, its nice have tons of money and i enjoy it, but there are much more fulfilling things in life. at the end of the day after youve been doing it a while is not a relatively fun way to make money.

4. if i wanted purely money i could earn way more getting a wall street job or some crap, which requires college and the like. sure, i earn more money playing poker than anything else i could be doing for the next 5 years, but its a big short term tradeoff financially, so finding the right balance is essential.

5. if poker is the only thing i accomplish in life i think i'll have failed. poker is great in the short term and is working out awesome for me, but it is not a long term plan for life. at least for me, thats the way i see it.

BobboFitos 08-03-2005 01:35 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
[ QUOTE ]
oh yeah? how's summer school going? [img]/images/graemlins/tongue.gif[/img]

[/ QUOTE ]

finished friday, so I finally have more time for those *other things* (like playing poker [img]/images/graemlins/smile.gif[/img] )

in fact, going to a week of tourneys with friends middle of this month.. you planning on business trips to NY state perhaps?

-Skeme- 08-03-2005 01:36 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
You can. Many are.

punter11235 08-03-2005 01:53 PM

Re: True Win Rate thoughts: Why can\'t I be a NL200 pro?
 
[ QUOTE ]
So why can't a good player be a pro making a SICK income off the NL200 fish?

[/ QUOTE ]

Good player can make more from 400NL or 1000NL fishes.

[ QUOTE ]
plays 40 hours/week for 50 weeks

[/ QUOTE ]

Not many people can play 40hours/week of poker and maintain their mental health.

[ QUOTE ]
What am I missing here? Is this right?

[/ QUOTE ]

Yes. It is right.

It is difficult to put 40hours/week but it is very easy and comfortable for pro player to put about 25hours/week
4tabling 200NL for 10PTBB/100 (very possible with only 25hours a week) its like 80$/hour. 50weeksx25hours/weekx80$ = 100 000. Weeee !! 6digits for 3 to 4 hours of sitting in your underwear in front of the monitor.
Yummy.

But you need to be decent player first [img]/images/graemlins/wink.gif[/img] Good luck !

Best wishes


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