"A new player, or fairly new player like myself, wants to hear that poker is thriving and there is so much money to be made - that the dream is alive and kicking, and if one has sufficient faculties and puts in the required work then one has a genuine opportunity to make great money playing poker."
The online poker dream?
Depends on what you consider the poker dream, I bet lots of people from poor countries would kill for 30k usd a year salary.In better parts of the world thats close to nothing. But I think most people considered the online poker dream making 100k+ USD a year (in EV) from playing with reasonable variance- WHILE HAVING TIME TO DO FUN STUFF, NOT JUST PLAYING/STUDYIING 90%+ OF YOUR WAKING HOURS. As far as I know, a minority of players make even close to that- to be honest maybe a handful of them and they work their asses off.
And who does have to weather insane variance as those are the format fish could win in $ (not in EV) for a matter of months- therefore more fish-saturated. (let's not go into the fact lots of players are in staking groups nowadays so most of the time they pay huge cuts of the winnings so we have no clue what players are actually making for themselves. )
Yep you for sure can make 40-50k USD a year with dedicated work ( ~7 /10 effort) AFTER BEING IN THE BUSINESS FOR YEARS. Not as an upper-comer for sure.
For this money to be made you need to have learning material (either for profit sharing or subscription-based), an okay computer to run solvers(or investing into solutions that cost almost as much), have to pay for a couple other software most of the good stuff is subscription-based also. Need to know at least basics of poker mental game / sport psychology because variance is HUGE. Need to eat somewhat clean, have to excercise, need to have social contact with other players to talk strategy and I could go on.
When I was in my late teens I made this kinda money (40-50k a year) playing part-time going to high school, using only a shitty laptop, playing in my bed, no 3rd party softwares and only "free" learning material from an affiliate, tilting buyins away as it was confetti.
And this could be done in matter of months with no prior knowledge of poker. You didnt even need poker friends to talk about hands. You could be a boss TOTALLY alone.
Quote:
Originally Posted by Xenoblade
poker is never going to be dead at low stakes guys, online poker is dying at 5/10 and up, anything below is still quite healthy
Not sure if you have idea what you talk about here. 6-7 years ago it was totally normal to have a winrate 7-8bb/100 at 2/4 NLHM 6 max games as a decent player playing 8-10 tables PRE RAKEBACK. Not the best but a decent player. Nowdays the best players have that winrate at 2/4 and usually on 4-6 tabling, but most players playing for 2-3bb/100 (insane variance! and less and less RB)
Its fine when someone try to believe in things but what you say is complete nonsense.
TLDR: one can make decent money if living in 2-3rd world countries but thats nowhere close to 100k a year unless being 100% dedicated and being couple years in poker. But for most players the poker dream wasnt just about the money, it was the freedom which poker brought. Now if you wanna make 100k a year you need to focus on poker- and you will have no life but study and you almost have no chance of making it for years if you are a upper-comer player.
Last edited by TRT Boss; 08-23-2019 at 07:00 PM.