Quotation from "Small Stakes Hold'em"

[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.

[Catt]

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

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No.

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Yes.
Show me exactly where in his book he says otherwise.

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It wasn't Ed that said it. It was David S. And the full relevant language is:

"On the internet you get to play more hands per hour. In fact, because you can play two or three games at once, you may get to play five times as many hands per hour as in a live game. Plus you don't have to tip. Making well over $50,000 per year playing $3-$6 hold 'em is now no big deal."

How you can you believe that this is a reference to B&M poker? And if it was a reference to B&M poker, then a player playing 3/6 for 2000 hours per year (40 hrs week, 50 wks yr) would need to earn 4 BBs per hour, or somewhere on the order of 12 BB/100 before factoring in tips, and after accounting for the higher rake. ?????

[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.

[sweetjazz]

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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.

[/ QUOTE ]

No, it's not that difficult at all. You just need x-ray vision.

EDIT: And the self-control not to constantly use it too look through women's clothes.

[siegfriedandroy]

ive been curious about this quote over the last month or so, after reading Sklansky's other quote, something to the effect of "to make 50k a year requires an iq of over 130, hard work, discipline, etc."

to me this seems a far cry from "no big deal". either sklansky is getting senile, or he is being quite disingenuous here (or there is another explanation of which i am not aware). can somebody successfully reconcile these two apparently contradictory quotes?

[bernie]

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

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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

[Ed Miller]

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ive been curious about this quote over the last month or so, after reading Sklansky's other quote, something to the effect of "to make 50k a year requires an iq of over 130, hard work, discipline, etc."

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David thinks that having an IQ over 130, working somewhat hard, and having some discipline is no big deal. I agree.

[Raising Kane]

My 7 months at 3/6 has me at a pace for $79,000 for the year.

[sthief09]

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

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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

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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

[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'.