Making $100/hr Playing On-line Low Stakes Poker - Page 2 - Books and Publications

Jesus NO i thought i stated that enough times for people to understand.

But if you want my thoughts on how achievable what i wrote was i think i could give a could accurate explanation.

My win rate last year was about 2bb/100 but it took a massive down swing in Jan so im at about 1bb/100 winrate now. Ok my 2bb/100 was over a 300k sample so its not a bad sample il work with that for the moment as there is a decent few guys on ipoker who are 50nl regs wiith that winrate.

I personally 9 tabled so that worked out at about £23 an hour 9 tabling with a 2bb/100 winrate. Thats $37 an hour and trust me im not very good i wont claim to be.

I could not 16 table but there is guys who can and im pretty sure some can do it at least break even. That is £30 per hour which is nearly $50. Im sure there is some guys who are very good and can win playing tha many tables so it may be realistic but anyone who can will just move up levels and move down tables or whatever.

If you find any flaws in my theory il try answer them. Im not saying i could achieve anything but i think it can be achieved and would have good facts to prove it.

Thanks for responding.

Yeah I did notice just after I posted that you said you're not claiming to have achieved 50$/hr at 50NL, but thought I'd leave my post unedited anyway to get some more clarification.

You seem to have clarified your points pretty well, so good job on that winrate I guess.

Makes me think I really need to get used to playing more tables because my 50NL WR was pitiful in comparison despite having an OK ptbb/100.

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02-06-2011 , 05:31 PM

#27

kk<<trupqq

centurion

Join Date: Dec 2010 Posts: 116

Quote:

Originally Posted by WAtR

But sure you can only obtain a "lol sample size" for a "lol edge" doing that?

He wouldn't even consider a bet unless a few different variables were all over 5 standard deviations from normal over at least several thousand spins.

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02-07-2011 , 12:25 AM

#28

you must e

grinder

Join Date: Dec 2010 Posts: 450

I'd be shocked if many achieve more than $50/hr over a 100k sample at these stakes

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02-07-2011 , 11:51 AM

#29

master3004

Revisionist Historian

Join Date: Mar 2010 Posts: 56,419

Quote:

Originally Posted by kk<<trupqq

I'm 100% serious.

Nothing we did is any more legally dubious than counting cards at blackjack.

Wrong, playing on a wheel that is out of sorts is illegal. Card counting is not. Yes it is the casinos responsibility to make sure their wheels are balanced, but taking advantage of an unbalance wheel is a pretty blatant form of cheating.

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02-07-2011 , 04:45 PM

#30

kk<<trupqq

centurion

Join Date: Dec 2010 Posts: 116

Quote:

Originally Posted by master3004

Not according to the laws in the states and countries we were in. You may find it repulsive but what we cared about was our ability to legally defend ourselves if the casinos decided try to take that angle. I said it was no more legally dubious than card counting, not ethically dubious. (Although to be honest, I don't consider it cheating.)

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02-08-2011 , 02:17 AM

#31

s20Merlin

centurion

Join Date: Nov 2010 Posts: 104

Let me say this, the casino I work in make about a total of just short of 100 million dollars a year in pure profit, after all taxes and expenses. Alot comes from slot machines, but about 30-40M (depends on the year) come from gaming tables. If you can take a roulette wheel and track some spins, without using a computer as your playing and you try to find an edge, I dont see a problem.

Same deal with card counting. Now, im not saying they wouldnt kick you out if they found out... but I think if you can make 50k a year doing it, your not making anyone go bankrupt.

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02-08-2011 , 04:17 AM

#32

mightyTooGood

banned

Join Date: Feb 2011 Posts: 9

h0@x, p.s. roulete for fishez only

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02-08-2011 , 10:19 AM

#33

britewire

adept

Join Date: Jan 2010 Posts: 763

in before challenge

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02-08-2011 , 12:00 PM

#34

RiverPlay

adept

Join Date: Mar 2007 Posts: 1,191

Quote:

Originally Posted by kk<<trupqq

Not according to the laws in the states and countries we were in.

Spain??

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02-08-2011 , 12:35 PM

#35

Silent_0ne

old hand

Join Date: Dec 2009 Posts: 1,309

i think a more realistic goal that is achievable at 50nl is 75$/hour. i'm sure there are some 50nl grinders who make roughly that amount. it should be considered the top tier hourly of 50nl grinders.

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02-08-2011 , 12:40 PM

#36

Tommy_Ho

banned

Join Date: Oct 2010 Posts: 1,206

Quote:

Originally Posted by Silent_0ne

i think a more realistic goal that is achievable at 50nl is 75$/hour. i'm sure there are some 50nl grinders who make roughly that amount. it should be considered the top tier hourly of 50nl grinders.

Please name 1?

$156K a year (based on a 40 hrs a week of play) ... really?

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02-08-2011 , 12:47 PM

#37

DamienT

banned

Join Date: Mar 2008 Posts: 6,911

I'm sure this is possible at NL100 but doubt it is at NL50.

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02-08-2011 , 12:50 PM

#38

Tommy_Ho

banned

Join Date: Oct 2010 Posts: 1,206

Quote:

Originally Posted by DamienT

I'm sure this is possible at NL100 but doubt it is at NL50.

Def possible at $100NL, with SNE plus table profits.. This has been done many times, never heard of $50NL doing this, probably because they would move up with their roll?

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02-08-2011 , 12:52 PM

#39

max86

banned

Join Date: Jan 2011 Posts: 436

Quote:

Originally Posted by Tommy_Ho

Def possible at $100NL, with SNE plus table profits.. This has been done many times, never heard of $50NL doing this, probably because they would move up with their roll?

its possible, but no 1 good enough to make that hourly there will play more than 10hours a week.

Most of us who have good winrates at any given limit are quite lazy and mostly achieve good winrates by not grinding too much(which would result in hating poker and spewing)

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02-08-2011 , 04:12 PM

#40

LuckySOB

adept

Join Date: Jun 2007 Posts: 741

Quote:

Originally Posted by mightyTooGood

h0@x, p.s. roulete for fishez only

I think you only got yourself to blame, you should go play roulete, cause poker is a skill game................

sorry, couldn't resist .

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02-09-2011 , 02:56 PM

#41

ooohjoy

Pooh-Bah

Join Date: Mar 2008 Posts: 5,139

if you average 6 tables of rush poker for about 1200 hands per hour (average hands per hour at rush estimated at about 200). if you play 8 hours per day, that's 9600 hands. if your winrate is modest, ie. 2bb/100. at nl50, that'd be $96/hr.

if you work as hard as certain airplane pilots, business people, top athletes and others who are known to work very hard and do long hours, you can make $100 per hour at low/small stakes poker. the math is real simple.

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02-09-2011 , 04:22 PM

#42

Tommy_Ho

banned

Join Date: Oct 2010 Posts: 1,206

Quote:

Originally Posted by ooohjoy

OK Mr. Wizard -- please anyone post if they are making $96 an hour playing 50NL...

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02-09-2011 , 06:02 PM

#43

ooohjoy

Pooh-Bah

Join Date: Mar 2008 Posts: 5,139

just because no one puts in the effort doesn't mean it can't be done.

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02-09-2011 , 08:03 PM

#44

Gards27

stranger

Join Date: Jan 2011 Posts: 14

Quote:

Originally Posted by ooohjoy

Maybe I suck at math, but wouldn't this be only $96 for the whole day?

1200 hands an hour at 2bb/100 = 24bb an hour = $12 an hour?

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02-09-2011 , 10:29 PM

#45

fibsensei

enthusiast

Join Date: Feb 2011 Posts: 76

Quote:

Originally Posted by tipp86

Interesting i think he went over the top.

I play 9 tables 50nl ipoker 60% rb. I rake £38 per 1k so lets say i max table which is 16tables so lets say now we rake about £65 per 1k and 1200 hands.

Lets assume im pretty good and beat it for 3bb/100 ( i consider that very good 16 tabling )

Im getting £48 per hour rb.

£18 winrate.

£64 hourly rate which transfers to $102.

Even cut the winrate in half which is more realistic and we get pretty close. Im sorry to say but the guy is not far off with what he says.

ya - except for the fact that less than 1% of the population earns 3bb/100 16 tabling

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02-09-2011 , 10:39 PM

#46

voldersmort

grinder

Join Date: Jun 2009 Posts: 638

Quote:

Originally Posted by ooohjoy

2ptbb/100 hands @ 50NL = $2 per 100 hands

1200 hands per hour means that hourly is $2x12/hr

= $24/hr +RB

No idea where $96/hour is coming from.

On FTP at 100NL(non-rush) I can only think of one player that would be over $100/hr and he's 16 tabling winning at 4ptbb+/100.

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02-09-2011 , 11:12 PM

#47

max86

banned

Join Date: Jan 2011 Posts: 436

Quote:

Originally Posted by voldersmort

12 tabling FTP non rush tables is REALLY slow, 16 tabling is usualy only 1k to 1.2k hand an hour, usualy on the lower side.

so you would need 9+ptbb at 50nl to be close to 100 an hour

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02-09-2011 , 11:17 PM

#48

voldersmort

grinder

Join Date: Jun 2009 Posts: 638

Quote:

Originally Posted by max86

12 tabling FTP non rush tables is REALLY slow, 16 tabling is usualy only 1k to 1.2k hand an hour, usualy on the lower side.

so you would need 9+ptbb at 50nl to be close to 100 an hour

yup that's why I doubt there is anyone beating 50NL for over $100/hr (at least on Stars/Tilt dunno about this 70% rakeback ********) unless they are multi siting or something. If the best regs at FR 100NL on tilt are struggling to break it then chances are no one at 50NL is.

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02-09-2011 , 11:43 PM

#49

kk<<trupqq

centurion

Join Date: Dec 2010 Posts: 116

citizenwind and nutedawg have both independently claimed they could beat 50NL (non-HU, that is, 6 or 9 handed) for 10ptbb (that's 20bb/100) over large samples. cw said he would only do it if somebody made a prop bet with him to make the time doing it worth his while, and it drives me nuts that nobody has taken him up on this bet. nute MIGHT be able to.. MAYBE. if he two tabled and only played when the games were the best. but there is zero chance cw can do this. Man I wish somebody would take them up on this.

sources:

http://www.cardrunners.com/cr_forums...593#post558593

http://www.cardrunners.com/cr_forums...l=1#post550491