Making $150/day playing poker

[CHiPS]

Wow it's increadible reading these posts. It is not easy to make $150 / day. On my last trip to Vegas I made $100 per hour for the 20 hours I played but hell that was luck. And I've gone for a month online having my butt handed to me the entire month. Many poker authors talk about win rates in casinos for good players being at the level of 1 or two big bets per hour for limit games. For example see Mason Malmuth's book "Gambling Theory and Other Topics" Online you can play maybe 50% more to twice as many hands per hour as in a casino if you are playing one table. But then again online does not allow skills of reading people to enhance your winnings. I have taken many hundreds of hours of statistics of my own play and have averaged about 1.5 big bets per hour online. I play one table. My standard deviation is usually about 10 times my win rate. This was for limit - now I play no limit which in my opinion is the place to graduate to once you get decent. I do not play poker as a job, but I do like to make some money on the side. After a few years I've gotten some nice profits. First two years were break even for me and I played low stakes where I could learn and have fun. I take breaks from the game regularly though because I find it hard to grind at it. Makes it more fun when I come back. I'd love to see some statistics from these online sites as to how many players are simply winning players over more than 500 hours of play - ie they beat the house rake. I would like to make it to the level you describe - that would be great. I'm trying this year to make $15/hour at 200 buy in No Limit. But I will only know at the end of the year whether or not I can do it. Wish me luck !

[Piers]

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How easy do you think it is to average $150/day playing poker?

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A break even when 8 tabling (after the rake) player should be able to make $150 per day by playing four or five hours of 1/ 2 or 2 / 4 a day.

[Shoe]

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How easy do you think it is to average $150/day playing poker?

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A break even when 8 tabling (after the rake) player should be able to make $150 per day by playing four or five hours of 1/ 2 or 2 / 4 a day.

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If he is break even how is he making money?

[jdl22]

rakeback.

[Shoe]

Your saying you can make $150 a day in rakeback? If your playing that many hands you better be better than a break even player.

[Elektrik]

Making $150 per day is very possible, depending on a few factors:

1) Your skill. Without an appropriate sample size it's very hard to quantify how much you can make - this alone will be the single most important factor for how much you make. If you aren't very good, you probably can't make $150 per day.

2) Your bankroll. If you're the best poker player in the world and you're down to your last $25, you aren't going to be going anywhere fast without a huge risk of ruin. If you're a mediocre player who can beat 3/6 at a 1BB/100 clip with a $1.5K bankroll 4 tabling, you could make much more.

It's a pretty simple to answer the question once you have these pieces of information - what's your skill level at a given stake with the appropriate bankroll, for X hours per day.

With all that being said, I would suggest you go out and get a real job for the summer. It'd be useful for developing social skills and learning to work with others, as well as giving you something much more meaningful on your resume, particularly since you're young.

FWIW, I'm in college as well, and am passing up a roughly >$50/hour job playing poker for these reasons.

[sthief09]

it wouldn't be hard to make 150/hr playing 6 tables of 5/10 6-max

[Shoe]

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it wouldn't be hard to make 150/hr playing 6 tables of 5/10 6-max

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It might not be hard for you, but I don't think this is something the average person can expect to achieve with ease.

[threeducks]

I think this is the longest thread I have ever seen. Sparked interest, huh. I have been playing on party at $15/30 and I am winning 2.2 big bets an hour so far. But, things might change over time. I have been studying and playing for just over 2 years. I have read 10 books on the subject. I consider myself an average player.

[fimbulwinter]

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it wouldn't be hard to make 150/hr

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It might not be hard for you, but I don't think this is something the average person can expect to achieve with ease.

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wrong.


No Limit


fim