Quotation from "Small Stakes Hold'em"

[MicroBob]

it is obviously ridiculous to think a live 3/6 player could make $50k a year.


4BB/hr ($24/hr at live 3/6) would be about 10BB/100 in most fast-ish live games (30-40 hds per hour perhaps)
This wouldn't be possible no matter how bad your opponents were...especially considering the huge rake in live games as well as the general obligation to tip.

[bernie]

[ QUOTE ]
I think Ed was referring to playing 3/6 in a live card room.

[/ QUOTE ]

Unless they have a gun and are gleefully robbing the tables at will, no one is making $50k on a live 3-6 game.

b

[sthief09]

[ QUOTE ]
[ QUOTE ]
I think Ed was referring to playing 3/6 in a live card room.

[/ QUOTE ]

Unless they have a gun and are gleefully robbing the tables at will, no one is making $50k on a live 3-6 game.

b

[/ QUOTE ]


50k is about 1500 per week. that's about $210 a day. that's about $8.75/hr. so at 1.5 bb/hr you can make 50k playing 3/6 live! if you're good and can win 2 bb/hr, youd only have to play every day for around 18 hours! EZEZEZEZEZEZ $$$$$$$$$$$$$$$$$$$$$$$$$$444444

[MicroBob]

[ QUOTE ]

50k is about 1500 per week.

[/ QUOTE ]



Ummm....how many weeks are there in a year again??

(hint - it's not 33)

[siegfriedandroy]

ahhh. that is funny, bob. maybe now it will only take 12 hours a day?

Online you will play 60-70 hands per hour per table. 62.5 hands/hr is a good number to use because it makes the math come out pretty.

Assume you 4-table for 8 hours a day for 5 days:
62.5 * 4 * 8 = 2000 hands/day * 5 = 10k hands/week.

Do this for 40 weeks/year = 400k hands/year. We usually talk about winrates as BB/100 hands, so that's 4000 units.

3BB/100 is sustainable at $3/$6.

So that's 4000 * 3 = 12000 BB * $6 = $72000/year.

And there are people sustaining that winrate, or higher, at much higher limits.

[silkyslim]

i make $25 an hour 6-tabling 2/4 (this includes rakeback and bonuses) so if I played for ~40 hours/week I would make 50k/year. so i think is is pretty doabe at 3/6

[MicroBob]

others have done some math here....but it just seems a lot simpler to do the math this way.

$50k/year is the same as $1k/week.
$25/hour will get you $1k/week (40 hours).


To make $25/hour online is really no big deal at all.


4 tables of 3/6 at exactly 1BB/hr (about 1.6BB/100) is $24/hour.
Making another $10 hour (at least) from bonuses and rakeback is pretty easy.


In fact, if you can decently 6-table at 2/4 and 3/6 and have good rake-back and/or bonuses then making $75/year or more is VERY possible (or you could make ytour $1k/wk working FAR less than 40 hours).



BTW - this quote from the foreward about $50k/yr really HAS been talked about to death in the magazine forum as well as (last year) in the books forum.

[cnfuzzd]

[ QUOTE ]
I just read "Small Stakes Hold'em" for the second time and I wonder about what is said in the beginning under "Why This Book..." Sklansky suggests "Making well over $50.000 per year playing $3-6 hold'em is now no big deal." This could be done "because you can play two or three games at once". Is this expactation realistic? It seems a little high to me. Is there any 2+2er who could confirm it's possible based on experience? Anyone else with ideas and thoughts about it please post your views about expectations at low limit hold'em.

[/ QUOTE ]

Yes. Astroglide posted stats that verified it. Some people around here are playing 10 or more tables of 3/6.

peace

john nickle

[mikewvp]

I think I could make more than 50k a year playing 2/4.

With rake back I would change the statement to 'I know'.