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How hard is it to make 40-50K a year playing online mtts? How hard is it to make 40-50K a year playing online mtts?

04-12-2018 , 04:55 PM
I'd say pretty hard. When I play my low stakes mtts I look up the mostly eastern euro reg nits. Most are making around 10-15k at the most. In fact I see tons of players who have played around 30,000 games and have made about 25-30k profit all up. It seems its only eastern euros that can do it these days.
How hard is it to make 40-50K a year playing online mtts? Quote
04-12-2018 , 05:50 PM
In poker's current climate I'd say 1 in 10 players who actively tried could do this. But in reality 1 in a hundred will.
How hard is it to make 40-50K a year playing online mtts? Quote
04-12-2018 , 06:11 PM
Depends:

1.How much are you willing to invest up front in your bankroll and studying?

2.How many hours are you willing to play per day?

3.How smart are you naturally?

If you are willing to invest 2-3k in your bankroll and studying the best material online and IF you are willing to play 8+ hours 25/30 days a month and IF you have an IQ of 115+, it is doable WITHIN a year or two.

For most, it is not, I made a thread about this not too long ago:

https://forumserver.twoplustwo.com/3...10/index3.html
How hard is it to make 40-50K a year playing online mtts? Quote
04-12-2018 , 06:15 PM
If you're a good player with a very large bankroll you can make 50k EV during may and/or september alone. But still be a favorite to have a losing year, of course.
How hard is it to make 40-50K a year playing online mtts? Quote
04-12-2018 , 09:46 PM
Dont think you need to be smart, just need a great work rate, love for the game and good game selection.
How hard is it to make 40-50K a year playing online mtts? Quote
04-14-2018 , 08:57 AM
It's getting rough. Ft'd a 15 buck tourney and the number of guys with a rating of 90 and above was a joke.

Also if your EV is 50k for this year that is only going to drop.

If Indian and Asian market comes through there might be a few years left.
How hard is it to make 40-50K a year playing online mtts? Quote
04-18-2018 , 07:09 AM
Those nit regs are terrible and the fact that they're still making money should tell you something about how beatable the games are. If you're actually taking it seriously and studying day in and day out then making $50k EV is still very doable, trouble is there's a big difference between having that EV and actually realizing it.
How hard is it to make 40-50K a year playing online mtts? Quote
04-18-2018 , 07:41 AM
Did some numbers for 10$/20$ tournaments.
If you treat it like a normal job, it should be doable

10$ tourney, 240 days/year (~5 days/week), 50 tourneys/day, 40% roi=4$/tourney.
12000 tournaments/year= 48000k$/ year

20$ tourney, 240 days/ year, 40 tourneys/day, 25% roi= 5$/ tourney.
9600 tournaments/year= 48000k$/year
How hard is it to make 40-50K a year playing online mtts? Quote
04-19-2018 , 02:36 AM
Quote:
Originally Posted by jannibarzul
Did some numbers for 10$/20$ tournaments.
If you treat it like a normal job, it should be doable

10$ tourney, 240 days/year (~5 days/week), 50 tourneys/day, 40% roi=4$/tourney.
12000 tournaments/year= 48000k$/ year

20$ tourney, 240 days/ year, 40 tourneys/day, 25% roi= 5$/ tourney.
9600 tournaments/year= 48000k$/year
Yeah no, you're not playing 50 tournies a day unless you're a total sicko.
How hard is it to make 40-50K a year playing online mtts? Quote
04-19-2018 , 04:03 AM
40 mtts a day lololol
How hard is it to make 40-50K a year playing online mtts? Quote
04-19-2018 , 06:28 AM
30 mtt's day seems more reasonable??
How hard is it to make 40-50K a year playing online mtts? Quote
04-19-2018 , 07:32 AM
if you want to make 40k a year, you obv have a 4k screen to fit 20 tables easily, so it is not that sick. rather getting in the ROI at 10$ when playing so much games
How hard is it to make 40-50K a year playing online mtts? Quote
04-19-2018 , 01:58 PM
Yeah 50 mtts in a day is not particularly impressive, I used to play at least twice that on sundays and there are many players a lot better at multitabling than I am. Not saying that's a smart strategy, but it's not a strange amount of volume. But getting >20% roi in today's games with mostly 12-25 tables open is tough, and to get that many mtts you're probably going to have to mix in turbo's so your ROI lowers again.

I don't know why you'd have all tables showing at once, but some people like it that way. But even on 4k 27" monitors I prefer max 6 tables per screen and just stacking them if I'm playing more.
How hard is it to make 40-50K a year playing online mtts? Quote
04-19-2018 , 08:54 PM
50 mtts a day is not really tough I agree, but on avg 50 mtts/day for sure is. Would mean 1400 mtts/month and almost 17k/year. even the sickest grinders I know don't reach those numbers. Except for a few ofcourse, shoutout to tubotborg which is the first one that comes to mind
How hard is it to make 40-50K a year playing online mtts? Quote
04-19-2018 , 09:34 PM
Quote:
Originally Posted by LittleGoliath
50 mtts a day is not really tough I agree, but on avg 50 mtts/day for sure is. Would mean 1400 mtts/month and almost 17k/year. even the sickest grinders I know don't reach those numbers. Except for a few ofcourse, shoutout to tubotborg which is the first one that comes to mind
This is a great post because it highlights the difficulty in being a true grinder. Day in and day out playing while maintaining your feasible roi is very hard mentally.
How hard is it to make 40-50K a year playing online mtts? Quote
04-20-2018 , 03:52 AM
Quote:
Originally Posted by Soepgroente
Yeah 50 mtts in a day is not particularly impressive, I used to play at least twice that on sundays and there are many players a lot better at multitabling than I am. Not saying that's a smart strategy, but it's not a strange amount of volume. But getting >20% roi in today's games with mostly 12-25 tables open is tough, and to get that many mtts you're probably going to have to mix in turbo's so your ROI lowers again.

I don't know why you'd have all tables showing at once, but some people like it that way. But even on 4k 27" monitors I prefer max 6 tables per screen and just stacking them if I'm playing more.
50-100 mtts on a Sunday and playing 50 mtts 5 days a week is a totally different animal.

I doubt even the sickest grinders could sustain 40 mtts 5 day a week for even a year never mind year in year out. The ones that do cant keep taking w/e they are taking for too long.

Not to mention would be the grimmest existence ever. Although i'm sure a bunch of eastern euros would be like pig in **** trying it.
How hard is it to make 40-50K a year playing online mtts? Quote
12-20-2018 , 05:14 AM
A very good online mtt player that I know said made around 70K this year and that he ran well. No way in hell the average pro is making that year in year out. Prob a ton of bad nits making between 5 and 15k a year. Only the very best are making 40-50k if they run well.
How hard is it to make 40-50K a year playing online mtts? Quote
12-21-2018 , 12:00 PM
Well, there are many factors in play here.

First, how do you define an MTT? Are you only talking about MTTs and no SNG MTTs? How about turbos?

Then, the issue isn't how much you make, but what's your expectation. This probably takes multiple years to fulfil. I mean, most grinders I see have nothing special years until they bing a Sunday Million or something. Obviously the profit from that score shouldn't count for just that, but should be divided among all the years the player has put in.

As far as MTTs per day, since the length may dramatically vary from MTT to MTT and we can't compare apples to apples, I think it's better to talk about how many hands you can do in a year, or how many hands you can play per hour.

With the above things in mind, the answer to the question is the multiple of your expected hourly and the hours you put in.
How hard is it to make 40-50K a year playing online mtts? Quote
12-22-2018 , 06:48 AM
Quote:
Originally Posted by 7OAD
Yeah no, you're not playing 50 tournies a day unless you're a total sicko.
that's exactly what most online mtt players making more than 40k per year are:
sickos that play at least 50+ tourneys a day
How hard is it to make 40-50K a year playing online mtts? Quote
12-22-2018 , 08:48 AM
Quote:
Originally Posted by siebenacht
that's exactly what most online mtt players making more than 40k per year are:
sickos that play at least 50+ tourneys a day
I don't play that much. ¯\_(ツ)_/¯ The sickos who play 50+ MTTs per day have bad ROI, around 10%-11%. The guys who play less games pull around 30% ROI, plus by playing fewer games you are more likely going to play a style that is much more fun to play instead of the ABC poker that mass-tabling forces you to play.

Of course, the volume is very important when it comes to this, but also your ABI is important, your skill, the style of play, the game selection etc.

I used to play 10 tables on average before but for the last 5ish months I have to dropped to 6 tables max and it increased my ROI drastically.

You need to game select properly, have a mix of small to big field tournaments in your schedule. The small fields are your bread and butter games, and the big fields give you random binks that spike your winnings when you get a small heater.

I find that the more time I spend improving my game, the more consistent the results are.

If you want to maximize your ROI you need to practice playing maximum exploitative strategy because in practice GTO is going to drag you down in MTTs, I've tested it for almost a year and that was the worst period of my career. If you try to play balanced strategy you are only begging to get fcked by variance. If you play super exploitative it is very likely that nobody is going to notice it because people hate to deviate from their default strategy whatever it might be.

So all in all, yes it is possible to make $40k+ a year playing MTTs and you don't have to be playing the high stakes for that either, can be "easily" done at low/mid stakes.
How hard is it to make 40-50K a year playing online mtts? Quote
12-22-2018 , 10:36 AM
Quote:
Originally Posted by siebenacht
that's exactly what most online mtt players making more than 40k per year are:
sickos that play at least 50+ tourneys a day
That mostly defeats the purpose of being a pro, if you're playing 8+ hours everyday, that's a good way to drive yourself crazy and even to an early grave.

If you're beating the games hard (which you should be if you invest that much time) you should be able to play less, coach and stake and just find other ways to generate income.

Otherwise it's like comparing a G league basketball player making 20k a year as a "professional" to a guy in the NBA making league minimum (500k), not close to the same thing, grinding that much and hard defeats the purpose of poker enhancing your life and adding freedom, thus even considering it a profession.
How hard is it to make 40-50K a year playing online mtts? Quote
12-22-2018 , 10:51 AM
calm down guys. im just saying there were / are / will be players making 50k+ per year that play high volume mtt style. Think about turbo / 180man spezialist. Not many, but some of them are capable of doing what i just said: averaging(!) 50 games a day. Also there are still many reg mtt players that play an unbelievable amount of games, especially in the days of bounty builders, hyper mtts, etc...

And no, they don't need to play
a) every day
b) 8 hours+ every day

but to say you don't need to have 8hour+ sessions being an mtt grinder is just delusional. Also compare it to other professions. If you want to be successful you got to put in time.

For sure there are always different methods to achieve profit in poker. For example a high volume style with marginal roi, not studying much. Then you got the same guy just doing more studywork in between. Of course the ladder is more succesful. That should be common sense right?

Then you have the guys that play more low volume and don't study and the guys that are studying. Of course these guys can be more successful over the same amount of tables, because they're more focussed when they play.
But that does not necessarily mean they're making more money in the course of a year.

I am not arguing that many players could improve their game if they reduced the tables they play simultanously. And lastly, of ****ing course it's possible to make that amount in one year playing mtts. It's probably even one of the softest formats to achieve this goal. I am around since 2007 on twoplustwo, even had a couple of 40k+ years playing highvolume mtts...
How hard is it to make 40-50K a year playing online mtts? Quote
12-22-2018 , 11:30 PM
Well, if you have a very good game selection + play on multiple sites at the same time. Then 50k should be easily possible in a year with low-midstakes if you plan to play ~4-5 days a week.

All you need is to find those tournaments which give you an avg profit of ~$10+ and then play ~5000 of them during a year.
416 a month -> 20-21 a day (considering you play 5 days a week).

I mean there are many different ways to archive that goal. The main decission is if you want to spent so much time sitting in front of your computer clicking buttons.
How hard is it to make 40-50K a year playing online mtts? Quote
12-23-2018 , 07:59 AM
Quote:
Originally Posted by LittleGoliath
Except for a few ofcourse, shoutout to tubotborg which is the first one that comes to mind
Sometimes I question is he even human.
How hard is it to make 40-50K a year playing online mtts? Quote
12-24-2018 , 05:39 PM
Quote:
Originally Posted by getmeoffcompletely
Those nit regs are terrible and the fact that they're still making money should tell you something about how beatable the games are. If you're actually taking it seriously and studying day in and day out then making $50k EV is still very doable, trouble is there's a big difference between having that EV and actually realizing it.
This. Many high ev$ spots will be swingy, but in all 40-50k is super reasonable with even a small edge on the field. I see nitregs all the time on American sites making 40-50k a year. It's completely reasonable to make 40-50k.
How hard is it to make 40-50K a year playing online mtts? Quote

      
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