Two Plus Two Older Archives

Two Plus Two Older Archives (http://archives2.twoplustwo.com/index.php)
-   One-table Tournaments (http://archives2.twoplustwo.com/forumdisplay.php?f=34)
-   -   LC: I this possible? (http://archives2.twoplustwo.com/showthread.php?t=383624)

joshman1204 11-22-2005 08:55 PM

LC: I this possible?
 
I just found out that I am losing my job and will not be getting a paycheck after december 15th. Assuming I am above average intelligence and can dedicate the neccesary time would it be possible to replace my current income of ~3K a month with SNG winnings?

what game and bankroll would you reccomend for this goal?

The Yugoslavian 11-22-2005 08:59 PM

Re: LC: I this possible?
 
[ QUOTE ]
I just found out that I am losing my job and will not be getting a paycheck after december 15th. Assuming I am above average intelligence and can dedicate the neccesary time would it be possible to replace my current income of ~3K a month with SNG winnings?

what game and bankroll would you reccomend for this goal?

[/ QUOTE ]

At least you can rest easy knowing that they couldn't possibly have fired you for your decision making skills.

Yugoslav

Shilly 11-22-2005 09:00 PM

Re: LC: I this possible?
 
You could probably do this pretty easily with marginal skills at the 20's with a bankroll of like $1500 (just to be really safe, considering you won't have another job), but you could end up playing anywhere from 500 to 1000 SNGs a month.

pineapple888 11-22-2005 09:03 PM

Re: LC: I this possible?
 
[ QUOTE ]
You could probably do this pretty easily with marginal skills at the 20's with a bankroll of like $1500 (just to be really safe, considering you won't have another job), but you could end up playing anywhere from 500 to 1000 SNGs a month.

[/ QUOTE ]

How do you win 3K per month by playing 500 20s with marginal skills?

joshman1204 11-22-2005 09:04 PM

Re: LC: I this possible?
 
I was wondering the same. Also how many tables would you have to play to accomplish this without playing 20 hours a day 30 days a month?

pineapple888 11-22-2005 09:15 PM

Re: LC: I this possible?
 
[ QUOTE ]
I was wondering the same. Also how many tables would you have to play to accomplish this without playing 20 hours a day 30 days a month?

[/ QUOTE ]

Well, now that I'm involved in this thread...

First you have to be able to beat the 20s consistenly one-tabling. SnG's are a very different kind of poker than ring games.

Then you have to learn how to multi-table.

Then you have to hope you have the weird kind of brain that will let you 4-table, and better yet, 8-table, and you have to build up to that.

And you have to invest in the hardware (second monitor) if you want to 8-table efficiently.

Any you have to have the tempermant, bankroll management skills, stamina, discipline, and other characteristics necessary to be a successful small businessperson in any field.

There's more, but I hope that gives you a sense of the challenge you would face.

After all that, you still would like an answer to your original question, you can see the FAQ for the likely maximum ROI you can expect if you are a very good player at the Party tables, then do some basic math.

Shilly 11-22-2005 09:25 PM

Re: LC: I this possible?
 
[ QUOTE ]
[ QUOTE ]
You could probably do this pretty easily with marginal skills at the 20's with a bankroll of like $1500 (just to be really safe, considering you won't have another job), but you could end up playing anywhere from 500 to 1000 SNGs a month.

[/ QUOTE ]

How do you win 3K per month by playing 500 20s with marginal skills?

[/ QUOTE ]

I was thinking more of the upper range of that for those with "marginal skills."

joshman1204 11-22-2005 09:28 PM

Re: LC: I this possible?
 
ok so I am going to buy 16 monitors and 64 table so that I can have my entire bankroll in play at all times ... I should be a millionaire within a year.

ok seriously if I 4 table the 20's I think I could easily make 2-2.5k a month which should be enough.

Shilly 11-22-2005 09:30 PM

Re: LC: I this possible?
 
Once you are able to 8-table, playing 1000 SNGs is only like 100 hours of work per month.

Slim Pickens 11-22-2005 09:31 PM

Re: LC: I this possible?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
You could probably do this pretty easily with marginal skills at the 20's with a bankroll of like $1500 (just to be really safe, considering you won't have another job), but you could end up playing anywhere from 500 to 1000 SNGs a month.

[/ QUOTE ]

How do you win 3K per month by playing 500 20s with marginal skills?

[/ QUOTE ]

I was thinking more of the upper range of that for those with "marginal skills."

[/ QUOTE ]

I don't consider a 15% ROI at the 22's "marginal skills." It might be marginal for a STT pro, but the OP is essentially a random person. Calling a 15% ROI at the 22's marginal is like saying some MIT math PhD student is marginallly skilled at math because he only understands intermediate-level hyperbolic topology, not advanced. I think a random person of "marginal skills" will have a ROI of about -9%.

skipperbob 11-22-2005 09:31 PM

Re: LC: I this possible?
 
If you just sorta sheetyoldonk w/average skills and you single-table the $215's you will average about $3,000/mo.
(negative that is [img]/images/graemlins/confused.gif[/img])

joshman1204 11-22-2005 09:32 PM

Re: LC: I this possible?
 
hmm so I guess it could be doable if I could 8-table 20's then.

pineapple888 11-22-2005 09:35 PM

Re: LC: I this possible?
 
[ QUOTE ]
hmm so I guess it could be doable if I could 8-table 20's then.

[/ QUOTE ]

Yeah. It only took me a year to work up to the point where I can 8-table confidently, but I'm sure you'll get there much quicker.

joshman1204 11-22-2005 09:37 PM

Re: LC: I this possible?
 
haha yea I figured a month might be a bit quick [img]/images/graemlins/smile.gif[/img]

microbet 11-22-2005 11:16 PM

Re: LC: I this possible?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
You could probably do this pretty easily with marginal skills at the 20's with a bankroll of like $1500 (just to be really safe, considering you won't have another job), but you could end up playing anywhere from 500 to 1000 SNGs a month.

[/ QUOTE ]

How do you win 3K per month by playing 500 20s with marginal skills?

[/ QUOTE ]

I was thinking more of the upper range of that for those with "marginal skills."

[/ QUOTE ]

I don't consider a 15% ROI at the 22's "marginal skills." It might be marginal for a STT pro, but the OP is essentially a random person. Calling a 15% ROI at the 22's marginal is like saying some MIT math PhD student is marginallly skilled at math because he only understands intermediate-level hyperbolic topology, not advanced. I think a random person of "marginal skills" will have a ROI of about -9%.

[/ QUOTE ]

C'mon, I could teach intermediate-level hyperbolic topology to a mentally handicapped nine year old.

durron597 11-22-2005 11:28 PM

Re: LC: I this possible?
 
[ QUOTE ]

I don't consider a 15% ROI at the 22's "marginal skills." It might be marginal for a STT pro, but the OP is essentially a random person. Calling a 15% ROI at the 22's marginal is like saying some MIT math PhD student is marginallly skilled at math because he only understands intermediate-level hyperbolic topology, not advanced. I think a random person of "marginal skills" will have a ROI of about -9%.

[/ QUOTE ]

You just made me feel a lot better about my 17% ROI [img]/images/graemlins/smile.gif[/img]

Manque 11-23-2005 01:11 AM

Re: LC: I this possible?
 
I failed Geometry. [img]/images/graemlins/confused.gif[/img]

Manque 11-23-2005 01:14 AM

Re: LC: I this possible?
 
11 Months and up to 6 tables at the 20's. It's harder than a lot of people like to make out.

Slim Pickens 11-23-2005 01:17 AM

Re: LC: I this possible?
 
[ QUOTE ]
[ QUOTE ]

I don't consider a 15% ROI at the 22's "marginal skills." It might be marginal for a STT pro, but the OP is essentially a random person. Calling a 15% ROI at the 22's marginal is like saying some MIT math PhD student is marginallly skilled at math because he only understands intermediate-level hyperbolic topology, not advanced. I think a random person of "marginal skills" will have a ROI of about -9%.

[/ QUOTE ]

You just made me feel a lot better about my 17% ROI [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

Yeah. Let's not forget that this board is a collection of e-penis porn stars when you look at it with a broader perspective.

11-23-2005 01:24 AM

Re: LC: I this possible?
 
Find out how many SNGs you can play a month max and then find what level you can survive on 5% ROI and rakeback on. If you cant do this bust out your resume. Why? Because your not as good as you think and variance sux.

11-23-2005 01:27 AM

Re: LC: I this possible?
 
Here's the deal... You can NOT play 4-6 or 8 tables and be successful. It is just plain stupid and not profitable in the long run. Sometimes even 2 tables is too much. I play sit n go's exclusively. Usually $10-$20 range. It is not about how many tables you play at once or per day. If you have patience, play EXTREMELY TIGHT AGGRESSIVE and pay attention to others play, you will see a profit. If you are trying to make 3K per month , bankroll management also plays a major roll. You can play a couple sng's a day, earn a profit and have the rest of the day to yourself. You do not need to play 20hours a day. If you play 1 table at a time you can actually be more successful and show more profit at the end of the month. By playing less tourney's a day, you are saving the buy in and also increasing your chances of winning by playing a more sound game. If you make $100 a day over the course of a month you will have 3K.
Play until your up $100 on the day and then enjoy your life as a poker play and go do something that your freedom allows you to do.

Good luck

Davey 11-23-2005 01:49 AM

Re: LC: I this possible?
 
[ QUOTE ]
I pretty much play sit n go's exclusively. Mostly $5 and $10 tourney's.


I play sit n go's exclusively. Usually $10-$20 range


[/ QUOTE ]

Moved up already?

ChoicestHops 11-23-2005 01:50 AM

Re: LC: I this possible?
 
[ QUOTE ]
You can NOT play 4-6 or 8 tables and be successful

[/ QUOTE ]

Yes you can.

pineapple888 11-23-2005 02:46 PM

Re: LC: I this possible?
 
[ QUOTE ]
Here's the deal... You can NOT play 4-6 or 8 tables and be successful. It is just plain stupid and not profitable in the long run. Sometimes even 2 tables is too much. I play sit n go's exclusively. Usually $10-$20 range. It is not about how many tables you play at once or per day. If you have patience, play EXTREMELY TIGHT AGGRESSIVE and pay attention to others play, you will see a profit. If you are trying to make 3K per month , bankroll management also plays a major roll. You can play a couple sng's a day, earn a profit and have the rest of the day to yourself. You do not need to play 20hours a day. If you play 1 table at a time you can actually be more successful and show more profit at the end of the month. By playing less tourney's a day, you are saving the buy in and also increasing your chances of winning by playing a more sound game. If you make $100 a day over the course of a month you will have 3K.
Play until your up $100 on the day and then enjoy your life as a poker play and go do something that your freedom allows you to do.

Good luck

[/ QUOTE ]

This is all total nonsense, just in case anyone reading was wondering.

Lots of trolls today for some reason.

citanul 11-23-2005 02:52 PM

Re: LC: I this possible?
 
no, your goal is totally impossible.

pooh74 11-23-2005 02:58 PM

Re: LC: I this possible?
 
[ QUOTE ]
haha yea I figured a month might be a bit quick [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

I didnt 4 table until a year of playing SNGs. I never had to I guess, but I think it takes longer than people on this board think to develop the mechanics of playing these things in volume for a profit.

If you want my honest opinion. I think you should look for a job. I really think the only people who should even consider playing these for a living are those that are ALREADY making enough money playing so they know what they are capable of when switching to fulltime.

Short answer: If you have to ask, you're not ready.

p.s. I know I couldnt play them "comfortably" for 3k a month right now so I hope it doesnt sound like I am speaking down to you.

citanul 11-23-2005 03:03 PM

Re: LC: I this possible?
 
a wise person once told a stupid person i know the following:

You shouldn't consider being a professional actor unless you couldn't imagine yourself doing anything else in your life.

the stupid person i know was wise enough to realize this translated well to poker players.

c

pooh74 11-23-2005 03:17 PM

Re: LC: I this possible?
 
[ QUOTE ]
a wise person once told a stupid person i know the following:

You shouldn't consider being a professional actor unless you couldn't imagine yourself doing anything else in your life.

the stupid person i know was wise enough to realize this translated well to poker players.

c

[/ QUOTE ]

That's true, there are a lot of poker players who want to go into acting...


All times are GMT -4. The time now is 10:14 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.