2/5 Live Player making 100k/year
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?
This is my goal and I'm wondering if it's possible. Anyone here give it a go playing 2/5 for a living?
Comments
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"
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?
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.
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.
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.
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."
100k at $5 BB is a pipe dream IMO either through math or skill
Mark
Why would we? Sounds like torture for income that is made much easier other ways..
"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".
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.
You actually counted every hand?
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.
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.
This is one thing that has discouraged me in the past...Seeing all the degenerates that I'm surrounded by. I want to be in the top 2% and crush the game and not be in the other 98%. I know myself and I know that I wont be a "degenerate" or a bitter and angry person.
I don't ever play any table games so that won't be an issue. I've attempted to play 1/2 every single day before and know how tedious and soul crushing it can be. I realized that almost every player when they're at their best can play some amazing poker, but the key is when you're not playing your best how are you handling it?
I know that if I develop my mental game and learn to be consistant night in and night out everything will work itself out. I've experienced the crushing down swings before as well as experienced the insane heaters, one thing that really is getting to me as I get older is a more realistic expectation of what I'll be able to achieve and realizing that playing within a proper bankroll is the only way to succeed.
Right now I'm working a normal 9-5 job which is just okay...but I always think back fondly to the times where I was trying(keyword) to grind 1/2 for a living and thinking how much freedom I had. Of course there were alot of bad times, and downswings I felt like absolute shit. But I didn't play with a proper roll and never really tried the full time thing the "proper" way.
Frankly the only reason that I stopped playing now is that I just don't have time to play these days because of my boring job and I'm just dreaming of a day where I can play again consistantly.
One thing that I told myself is that if I were to ever play full time it would only be if I could make 6 figures from it otherwise it wouldn't be worth it. That's why I'm asking this question...Looks like I will have to play a mix of 2/5 and 5/10 if I ever want to have a chance to achieve this goal.
If I ever do I will make sure to start a thread to keep you guys updated on my progress...my successes or failures...But it's something that I have to attempt once or else I'll always wonder.
When you sat down at a 2-5 table would you say you were one of the top 2 players sitting down?
What is a realistic income do you think an average winning player can make playing 2/5 around 45 hours a week?
Do you prefer playing online or live poker?
When you were playing did you also have another job?
Sorry for so many questions!
Why yes I am Canadian;)
Interesting..10-20k seems like the same amount people would make at 1/2. The number just seems really low. I guess the word "average" is making you consider the barely break even players as well...how about a top 2/5 NL player? I'm almost 99% sure that they would be pulling in 60-80k a year.
... which explains your need to apologize! (all in fun)
45 hours x 50 weeks a year x 30 hands an hour = 67500 hands
So you're talking about a $1 per hand win rate or 20bb/100 hands. Is this achievable and sustainable? Maybe... play, find out, and let us know. I have only played poker live regularly with 2 players that played full time. Both played in games outside the casino at higher limits than within. One of them made much more than 100k a year... the other made less.
I think a top 2/5 player making 100k is more about how bad (and rich) your opponents are, than how good they are! Or it's at least as important as their ability. A nice losing whale can support a poker community for months or years. But they all disappear at some point!
1/2 is closer to a break even game when you factor in the rake... so sometimes you win 20000 and sometimes you lose 19000. Have to look at the long term.
Then you sit down at a game of 1/2 and its just torture.. this isn't like on TV at all!
I really couldn't picture playing 1/2 or 2/5 as a profession it would seem like torture to me... having it as a part time income? sure.
But I've found myself really enjoying Poker again because i've been able to keep it social relaxing small cash games
lol, wb GTA... Your "scare"casm was missed...;)
so mean