30/60 yearly income

[Nightwish]

As others have already pointed out, your numbers are completely ridiculous.

Here are some much more realistic ones. Let's say you're a good player and can pull down 1.5 BB/100 at 30/60. (In fact, this may mean you're a very good player, but let's leave that for another time.) Let's say you play 1,200 hands a day -- which means you 4-table for somewhere between 5 and 6 hours -- 5 days a week. That means 6,000 hands/week. Let's say you also want to take a vacation like any normal human being, but since you chose this poker career, you might as well take a European-style vacation, i.e. 4 weeks. That also takes care of your sick days, weeks when you don't put in enough hands for whatever reason, etc.

It thus comes out to 6,000 hands/week * 48 weeks/year * 0.015 BB/hand * 60 dollars/BB = $259,200.

Still pretty nice, but nowhere close to the $1 million you were dreaming of.

[Nightwish]

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but I think before they restricted to 25 that closer to 3BB/100 might have been doable.

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You're on crack.

[Nigel]

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but I think before they restricted to 25 that closer to 3BB/100 might have been doable.

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You're on crack.

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I don't think so. Before the restriction you could find tables with 3-4 people that play worse than your average $1/2 fish.

I think you can expect to have a 3+ BB expectation in that type of setting. So it's reasonable to think that overall you could be mid to high 2's.

Nigel

[stoxtrader]

I would say it's possible that someone playing party exclusively could earn 1mm in a year (just counting up to 30/60) - if i had to guess, I would take the against on anyone doing it, but it would be close, there are many many players who have the skill, but putting in those types of hours is something only 1% of pros do I think.

on a related note, there are likely an ok number (5-25 maybe?) of players who will make 7 figures this year from online poker playing only, but that's just my guess.

[Nightwish]

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on a related note, there are likely an ok number (5-25 maybe?) of players who will make 7 figures this year from online poker playing only, but that's just my guess.

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Are you saying that their EV is 7 figures or that they just ran good or won some major tourneys/jackpots?

[stoxtrader]

EV (for the year) on cash game players is 7 figures. 5-25 in the whole online community is not a big number, but then again, who am I to come up with that number?

I know in my games I would guess 2-10 guys can do it, and I'm pulling a number out of thin air for the rest - the top 1-2 MTT players, the top 2-8 NL ring game players, etc...

What is the quality of play like at 30/60? If it is anywhere near as bad as the 15/30 games, I'll 8-table it for 80 hours/week soon. lol

[SoBeDude]

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is there anyone on this forum who consistently eight tables 30/60 succesffully let alone 40 hours a week?

also do many even play eight tables? it seems like that would get really confusing and i'd probably end up folding aces and raising 72 accidently heh

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I doubt its possible to 8 table and maintain a 1.5 BB/100 WR.

You really need to make too many judgement decisions based on the player, situation, and play of the hand. And these decisions are much more difficult if not impossible when 8 tabling.

The 30 game is less now about ABC poker and more about playing well.

Also, its essentially impossible to maintain top table selection and keep a full 8 table hourly average. Even though I 4 table regularly, I'm often moving up from tables I just recently sat down on because the fish got up/busted out. So even making an effort to 4 table, my MT ratio is below 2.

And when I am at 4 tables it takes full concentration to play them (reasonably) well. God bless you guys who can 6 or 8 table, but I know I have no desire to try it.

But I do think, for a top Internet player devoting himself to playing a great deal at peak hours, 400K-500K is realistic.

-Scott

[2ndGoat]

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look more on the order of 300k a year, and you will find where alot of us multitabling 30-60 college students are.

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We really are living in rediculous times, aren't we? Still have to pinch myself sometimes. (Invariably, after pinching myself I'll go on a 5k downswing and figure that I have indeed woken up)

I just feel extremely fortunate to have gotten into poker when I did, just a couple years before "the craze" hit. If I had picked up the game at any other era of poker history, I doubt I could have ever hoped to clear 300k a year.

2nd

[SoBeDude]

[ QUOTE ]
EV (for the year) on cash game players is 7 figures. 5-25 in the whole online community is not a big number, but then again, who am I to come up with that number?

I know in my games I would guess 2-10 guys can do it, and I'm pulling a number out of thin air for the rest - the top 1-2 MTT players, the top 2-8 NL ring game players, etc...

[/ QUOTE ]

I'm confused. Are you saying there are only 5-25 online players that make 100K or more a year from online poker?

-Scott