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  #1  
Old 12-28-2005, 11:01 AM
pooh74 pooh74 is offline
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Join Date: Oct 2004
Posts: 316
Default Re: Getting frustrated with the money I make

[ QUOTE ]
50k per year working 23hrs a week, 42 weeks a year is really miserable isn't it. I'm not saying it's great, but it's far from miserable.

[/ QUOTE ]

First of all, he said he played the 10s and 20s...He didnt say how many tables so lets not assume. Lastly, with the expenses some of us have, and the places where we live, 50K before taxes is not close to enough. I dont think its unreasonable to be a bit surprised to hear that someone is making a living straddling the 10s and 20s...but I see your point too. Your numbers reflected more than I expected, to be honest.
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  #2  
Old 12-28-2005, 11:27 AM
11t 11t is offline
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Posts: 283
Default Re: Getting frustrated with the money I make

Learn to play MTT's so you can donk your way to a win and auto jump levels.

That is how the pros do it baby.
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  #3  
Old 12-28-2005, 11:36 AM
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Default Re: Getting frustrated with the money I make

You should maybe move up one level at least. If you're doing good enough to keep urself alive at the $11 and $22s, you should be okay doing $22s and $33s. Also 11t is right. You should learn how to play MTTs. $11 MTTs to begin with. It has anywhere between 500 to 1500 players (depending on the time) and first place payout goes from 1000-4000 (plus or minus a few thousand... this is off the top of my head). That's a real booster.
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  #4  
Old 12-28-2005, 12:15 PM
splashpot splashpot is offline
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Join Date: Nov 2004
Location: Needham, MA
Posts: 425
Default Re: Getting frustrated with the money I make

[ QUOTE ]
You should maybe move up one level at least. If you're doing good enough to keep urself alive at the $11 and $22s, you should be okay doing $22s and $33s. Also 11t is right. You should learn how to play MTTs. $11 MTTs to begin with. It has anywhere between 500 to 1500 players (depending on the time) and first place payout goes from 1000-4000 (plus or minus a few thousand... this is off the top of my head). That's a real booster.

[/ QUOTE ]
I'm pretty sure 11t was joking. MTTs have WAY too much variance for someone who is barely making a living. Especially for someone who depends on that money to pay bills every month.
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  #5  
Old 12-28-2005, 12:24 PM
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Default Re: Getting frustrated with the money I make

[ QUOTE ]
MTTs have WAY too much variance for someone who is barely making a living.

[/ QUOTE ]

I think this is true, but the occasional $11 MTT isn't going to hurt especially if he's busting out a thousand or more $11 or $22 SNGs a month. I'm not saying play them all the time...just a few times a week.
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  #6  
Old 12-28-2005, 02:49 PM
Slim Pickens Slim Pickens is offline
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Location: Las Vegas, NV
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Default Re: Getting frustrated with the money I make

I'm pretty sure he's not joking. The utility on a $3k MTT score is worth the risk. Think of utility this way. Say the lottery pays $1000 on a $1 ticket. The probability of winning is 1/2000. Pretty bad bet normally, but let's say some guy's coming to break your legs unless you pay him $1000. You have no other way of getting $1000 other than playing the lottery. Obviously, you want to play because winning lets you not get your legs broken, whereas losing doesn't really change anything and you could care less about the dollar you lost. For the OP, a win means a jump in levels (and a quantifiable increase in money earned) and a loss won't break his bankroll, so even if he's a breakeven MTT player, playing them is a good idea.
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  #7  
Old 12-28-2005, 05:26 PM
johnnybeef johnnybeef is offline
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Join Date: Oct 2004
Location: its whats for dinner
Posts: 878
Default Re: Getting frustrated with the money I make

[ QUOTE ]
I'm pretty sure he's not joking. The utility on a $3k MTT score is worth the risk. Think of utility this way. Say the lottery pays $1000 on a $1 ticket. The probability of winning is 1/2000. Pretty bad bet normally, but let's say some guy's coming to break your legs unless you pay him $1000. You have no other way of getting $1000 other than playing the lottery. Obviously, you want to play because winning lets you not get your legs broken, whereas losing doesn't really change anything and you could care less about the dollar you lost. For the OP, a win means a jump in levels (and a quantifiable increase in money earned) and a loss won't break his bankroll, so even if he's a breakeven MTT player, playing them is a good idea.

[/ QUOTE ]

Easy for you to say. I haven't had a big cash in a mtt in almost two months. In fact, I am down 1500 in mtts in the last two months. If I had never played a mtt, I would be at the 55s instead of the 22s currnently.
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