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Medium Stakes PL/NL Discussions about medium stakes pot-limit and no-limit hold'em (2-4 to 5-10)

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Old 03-09-2009, 06:30 PM   #1
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Mid Stakes for a Living

This may have been discussed... I'm just curious on the amount of people that do play mid stakes (200nl-600nl) for a living. Have some questions concerning rakeback, hand volume, bb/100, etc. Feel free to pm me or talk on here.
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Old 03-09-2009, 06:33 PM   #2
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Re: Mid Stakes for a Living

your best chance of getting help is posting your questions instead of waiting for people to say hi, for you to post them
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Old 03-09-2009, 06:37 PM   #3
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Re: Mid Stakes for a Living

loaded question, but if your goal is to grind midstakes for a few years to make a living and never move up I would say:

120K hands/month
2bb/100
27% rb

is very reasonable for your average ~10 tabling reg.
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Old 03-09-2009, 07:40 PM   #4
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Re: Mid Stakes for a Living

I'd love to do this, but I gotta go to school 3 more years, since I just turned 18. I play almost 100k/month. 16tables 200nl shorthanded or 9tables 400nl with ~3ptbb/100 and I'm already livin good with it. ^^
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Old 03-09-2009, 11:19 PM   #5
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Re: Mid Stakes for a Living

make sure you are honest with yourself when you project your winrate... back when i was good at poker (and the games were easier) there was no way i could sustain a positive winrate 9 tabling msnl
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Old 03-09-2009, 11:41 PM   #6
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Re: Mid Stakes for a Living

doing this for a living is overrated

the f do it, take many, but don't live (for) it, imo
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Old 03-10-2009, 12:24 AM   #7
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Re: Mid Stakes for a Living

live the dream
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Old 03-10-2009, 02:34 AM   #8
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Re: Mid Stakes for a Living

whatever u do dont drop out. college is the perfect time to perfect your game. if u make it through ur whole college career playing as much as u do through the whole thing and come out ahead then make a decision. and if u dont already, get poker tracker or something to track your own stats through the college years. also, when u start going to bars, take a 100 bill for yourself and dont go completely sober.
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Old 03-10-2009, 02:59 AM   #9
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Re: Mid Stakes for a Living

"120K hands/month
10 tabling reg"

1/2 of both of these is plenty to make a comfortable living w/ rakeback
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Old 03-10-2009, 10:52 AM   #10
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Re: Mid Stakes for a Living

Move someplace where they respect your dollars.
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Old 03-10-2009, 12:28 PM   #11
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Re: Mid Stakes for a Living

wtf 120k hands/month w/ 2.5ptbb at 400nl is $24k/month or $288k/yr. so + rakeback that's $300k easily. sounds like any positive winrate at MSNL w/ 120k hand a month is good enough for ''a living''.
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Old 03-10-2009, 01:45 PM   #12
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Re: Mid Stakes for a Living

120k hands a month is hardly 'living'
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Old 03-10-2009, 02:48 PM   #13
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Re: Mid Stakes for a Living

Quote:
Originally Posted by c_hoop View Post
120k hands a month is hardly 'living'
6 tbling w/ 50+% RB on Ipkr for example? 4k hands /day means exactly 5hrs of play /day

scratch 2days /wk so you can actually relax and live life , thats 20k hands/week

80k hands/month
6 tbling
RB in excess of 50%
2/4-5/10

3ptBB/100 (reasonable if you dont completely suck)

20-30k months imo ?
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Old 03-10-2009, 03:17 PM   #14
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Re: Mid Stakes for a Living

Quote:
Originally Posted by JsTs View Post
wtf 120k hands/month w/ 2.5ptbb at 400nl is $24k/month or $288k/yr. so + rakeback that's $300k easily. sounds like any positive winrate at MSNL w/ 120k hand a month is good enough for ''a living''.
I hate to point this out, but there are probably only 10 2/4 regulars on Pokerstars, who can sustain that amount of volume with a 2pt/bb+ winrate. If you don't believe me just look at the tableratings all time list. An optimistic estimate assuming OP is good would be .5-1 pt/bb/100. Still a pretty good living, but not exactly baller.

There are plenty of relatively decent regs who have broken even over tremendously large sample sizes in the last six months. This leads me to believe that actual achievable winrate for a relatively decent 2/4 reg with that sort of volume is basically his rakeback, and a couple thousand a month.

I know alot of the really good regulars will read this and go WTF, "I made 25K last month at 2/4", but the % of the regular players who are sustaining that sort of winrate month in and month out is incredibly small.
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Old 03-10-2009, 03:27 PM   #15
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Re: Mid Stakes for a Living

Quote:
Originally Posted by MTBlue View Post
I hate to point this out, but there are probably only 10 2/4 regulars on Pokerstars, who can sustain that amount of volume with a 2pt/bb+ winrate. If you don't believe me just look at the tableratings all time list. An optimistic estimate assuming OP is good would be .5-1 pt/bb/100. Still a pretty good living, but not exactly baller.

There are plenty of relatively decent regs who have broken even over tremendously large sample sizes in the last six months. This leads me to believe that actual achievable winrate for a relatively decent 2/4 reg with that sort of volume is basically his rakeback, and a couple thousand a month.

I know alot of the really good regulars will read this and go WTF, "I made 25K last month at 2/4", but the % of the regular players who are sustaining that sort of winrate month in and month out is incredibly small.
This is also true. 3BB/100 is a pretty huge winrate over a large sample size in MSNL. I've been looking at a lot of people, including many regs, and 1-2BB/100 is much more common for people with 200k+ hands. There's maybe a few dozen high volume MSNL players with 3BB/100 or higher over a large sample size.
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