Mid Stakes for a Living - Page 2 - Medium Stakes Pot Limit and No Limit

ItsAboutTime · 03-10-2009, 03:50 PM

I agree with most of your posts so far. I do think that 120K hands a month is pretty crazy. Including rakeback and actually winning while playing you could make more than almost any job. That being said, I guess it depends on what you consider 'making a living.' Everyone's different, and although I love the responses and where the thread is going... I was hoping to get some pm's from people who are actually doing it. No biggie.

Rakeback is key for grinders, though. I mean, a player who puts in solid volume per month can easily pull in 30-35K a year through rake races and rakeback I would venture.

cashy · 03-10-2009, 03:53 PM

As a good solid 2/4 - 5/10 grinder 500k$/year is realistic

FoldEqu1ty · 03-10-2009, 04:16 PM

Quote:

Originally Posted by cashy

As a good solid 2/4 - 5/10 grinder 500k$/year is realistic

Oh dear.....

lnternet · 03-10-2009, 04:21 PM

I get 1ptbb in rakeback. That's pretty essential obviously, even when your winrate is at 3ptbb.

cashy · 03-10-2009, 04:56 PM

Quote:

Originally Posted by FoldEqu1ty

Oh dear.....

?
Lets say we win at 2/4 with 4ptbb
and 5/10 with 2ptbb
(you cant really argue about this winrates beeing unrealistic even i have better)

we play 100k hands a month(50k 2/4, 50k 5/10)

600k hands 2/4 with 4 ptbb -> 192k$

600k hands 5/10 with 2 ptbb -> 240k$

+ rakeback 50k or sth like that

= about 500k

-> every good 2/4+ grinder who is playing poker for a living and therefore plays 100k hands/month or more should easily clear 500k/year

grindplz · 03-10-2009, 05:16 PM

no

stacks_for_sale · 03-10-2009, 05:22 PM

Quote:

Originally Posted by cashy

?
Lets say we win at 2/4 with 4ptbb
and 5/10 with 2ptbb
(you cant really argue about this winrates beeing unrealistic even i have better)

we play 100k hands a month(50k 2/4, 50k 5/10)

600k hands 2/4 with 4 ptbb -> 192k$

600k hands 5/10 with 2 ptbb -> 240k$

+ rakeback 50k or sth like that

= about 500k

-> every good 2/4+ grinder who is playing poker for a living and therefore plays 100k hands/month or more should easily clear 500k/year

I promised myself I would never make a post like this but:

graphs or it didn't happen.

AFennewald · 03-10-2009, 06:25 PM

Quote:

Originally Posted by MTBlue

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.

I'm down over 135k hands and i have a long history as a winner. It is very diffucult to play your A game every day while running bad. I play 120kish hands a month while working though - It would be much much easier without the job.

MATT111 · 03-10-2009, 07:07 PM

Quote:

Originally Posted by cashy

?
Lets say we win at 2/4 with 4ptbb
and 5/10 with 2ptbb
(you cant really argue about this winrates beeing unrealistic even i have better)

we play 100k hands a month(50k 2/4, 50k 5/10)

600k hands 2/4 with 4 ptbb -> 192k$

600k hands 5/10 with 2 ptbb -> 240k$

+ rakeback 50k or sth like that

= about 500k

-> every good 2/4+ grinder who is playing poker for a living and therefore plays 100k hands/month or more should easily clear 500k/year

If you mangae to do this good for you but very few actually do this.
I`ve been playing for a living for quite some time now and never even got close to clearing half that many hands/month and would proly shoot myself if I had to.

cashy · 03-10-2009, 07:28 PM

because of 25hours/week of work?
come on

Poker is very exhausting I know but if you have good schedule/workout regularly/eat healthy you will feel better physically and grinding for 100hours/month shouldnt be a problem.

If I can do it everbody can.

insyder19 · 03-10-2009, 08:03 PM

Cashy is almost correct.

I would say that i f you ain't making 200k/year at MSNL you just suck

dust bustah · 03-10-2009, 08:22 PM

someone post a recent datamine. winrates are nowhere near as high as y'all think.

nuggetz87 · 03-10-2009, 08:30 PM

Quote:

Originally Posted by thedustbustr

someone post a recent datamine. winrates are nowhere near as high as y'all think.

www.tableratings.com exists luckily

i mean cashy is "right" but i know for me personally for the 3 months i was playing 100k+ hands/month my winrate was significantly worse to the point where i think i'd make the same $ playing 60k hands/month or so.

and just like with anything else that takes any amount of skill you're dumb if you think "anyone can do it". some of my friends have just always been terrible at all sports, and some bust out their phone calculator to figure out how much to tip.

GuiGui_88 · 03-10-2009, 09:03 PM

Some people see poker as an easy 100-200k/year part time job (20 hr/week) while others see it as a golden opportunity to make a lot more then 200k at a young age and they treat like like a real job (35-40hr/week).

The amount of money you will make in MSNL depends on the individual, the importance he gives to money along with his other goals, aspirations and interests in life. It's really up to you to decide which type of grinder you want to be.

billybeartku · 03-10-2009, 09:07 PM

if you like having a 6k ds at 3/6 in 1000 hands that type of sesh, sure why not.