2/5 Live Player making 100k/year

jaykay

Do you think this is realistic or just wishful thinking?

This is my goal and I'm wondering if it's possible. Anyone here give it a go playing 2/5 for a living?

Bfillmaff

I can't speak from experience but I think you would need to play higher if you want to hit 100K.

Lets say you have a very good win rate, say 10BB/100 hands (this is crazy good, and realistically not sustainable). At 35 hands an hour you are making 3.3BB per hour, or $17. Assuming you put in 60 hour weeks that is still just over 50K. (Which I suppose makes the answer "Play 5/10"

The_Awesome

So I guess my current rate at Niagara 1/2 is likely unsustainable.

I am up $835 over 51 hours. If I am calculating that right it's 11.7 BB/100. This assumes the above mentioned 35 hands per hour. Is that an accurate number of hands to expect at that table?

compuease

No live dealer dealt gets 35 hands an hour avg (especially Niagara), I can guarantee that, perhaps 25 would be a more realistic average. As for an avg for only 81 hours, way too short for a realistic idea of winnings. Try at least a 1000 hours to know.

jaykay

One thing about live though is that standard raises are much higher than any table you see online...a standard raise is 5x big blind and you're likely to see 3 or 4 callers at a time.

I believe that adds greatly to expected win rate at any given live table.

100k is probably do-able for a crusher but I think 75-80k is do-able for an above average player.

I think the softness of live makes it so playing 1 table is the equivelant of playing 4 tables at a time online.

The_Awesome

Ya I'm tracking all the data now from every game so I will get to 1000 hours eventually ;)

Adjusting the hands to 25 and the B B to 6 gets me back to 10.9/100. But 3x bb does seem low still. At $10 B B it drops to 6.5.

Thanks guys. And sorry for the hijack.

JohnnieH

compuease;390405 wroteNo live dealer dealt gets 35 hands an hour avg (especially Niagara), I can guarantee that, perhaps 25 would be a more realistic average. As for an avg for only 81 hours, way too short for a realistic idea of winnings. Try at least a 1000 hours to know.

Getting to 100K profit would be tough.
I deal 5/5NL every day, and I'd say that 35HpH is possible, but the game would be uber tight and thus, not very profitable.
I try for 30/hr (one cycle/ 2 minutes to make $25-$30/hr tips) but the many regs play quite slow. On a normal day it's like 20-25HpH. On and busy night with lots of drinking going on, it's even less.

pkrfce9

It's a hard way to make an easy living. Lolz.

Ask pokerjah. Put the same energy into a real job and you'll easily earn over 100k in no time. Every year. No downswings. Play poker as a hobby and have fun with it.

Milo

pkrfce9;390413 wroteIt's a hard way to make an easy living. Lolz.

Ask pokerjah. Put the same energy into a real job and you'll easily earn over 100k in no time. Every year. No downswings. Play poker as a hobby and have fun with it.

You forgot, "stay in school, get your degree."

DrTyore

35 hands / hour is do-able at E-tables (sorry Johnnie for the impending obsolescence).

100k at $5 BB is a pipe dream IMO either through math or skill

Mark

Macke

Gabbbbogalo?

jaykay

what?

MickeyHoldem

Somewhere I have a spreadsheet with 7 years of live play on it... at my peak I was playing 3 nights a week, 6-8 hours a night... ill try and find it... but I think the avg hands per hour was around 24 over the 7 years... you'll never see 35

jaykay

Has anyone here played 2-5 for a full year?

compuease

jaykay;390610 wroteHas anyone here played 2-5 for a full year?

Why would we? Sounds like torture for income that is made much easier other ways..

trigs

jaykay;390610 wroteHas anyone here played 2-5 for a full year?

"here" is a relative term. there are members who, i'd imagine, have played 2-5 for a full year, but their number of posts have dropped off dramatically recently. therefore, they are "here" but they are not "here".

jaykay

compuease;390614 wroteWhy would we? Sounds like torture for income that is made much easier other ways..

This is pokerforum.ca, poker player should be your dream job:P

Maybe I'm romanticizing this profession but the idea of being able to make 60k+ a year while choosing your own hours and not having to report to anyone playing a game you like playing seems like an awesome thing. I want to experience this at least once before I die.

For now I have to settle for playing 1/2 on some weekends.

moose

MickeyHoldem;390527 wroteSomewhere I have a spreadsheet with 7 years of live play on it... at my peak I was playing 3 nights a week, 6-8 hours a night... ill try and find it... but I think the avg hands per hour was around 24 over the 7 years... you'll never see 35

You actually counted every hand?

JohnnieH

jaykay;390633 wrote Maybe I'm romanticizing this profession but the idea of being able to make 60k+ a year while choosing your own hours and not having to report to anyone playing a game you like playing seems like an awesome thing.
For now I have to settle for playing 1/2 on some weekends.

You are romanticizing it. Most of the grinders I see are bitter, angry people especially during the downswings. They are stuck inside at a poker table every Thursday, Friday, and Saturday day and night trying to maximize their profits. Not a great way to have a life.

Also, most grinders I see don't exclusively use poker for their income. They are always betting on sports and horses too. Some play slots and Blackjack, but those are the real degens.

Like pkerfce said, it's a hard way to make an easy living.

MickeyHoldem

moose;390634 wroteYou actually counted every hand?

Yes... sick and twisted I was... lol. I used to keep track of everything.... then I would convert to BB/100 hands to compare it with my online stats.

I played 2/5 live for over 5 years... 2 or 3 times a week. The games at Akwasasne were ridiculously soft... but I dont think you could make 100k a year. I had a February in which I was down 12k... I think it was July before I was back in the black that year.

I only play 10-12 times a year now. I'm too busy with other stuff... sometimes when I get nostalgic, I miss it... but it's a shitty way to make money.