Quote:
Originally Posted by Colin_Piddle
If you want to live in asia or eastern europe then yes. If you expect to be living like a king, unless your insanely good at poker and can beat mid/high stakes then's there's probably better options to choose. The downswings and variance can be soul destroying. Many people have made 100K one year then absolute zilch the next.
The thought of that is bonkers.
Serious question. If someone is a really good player, isn't it highely unlikely they have a breakeven year if they put in some solid volume (Think 30 mtts a day 5 days a week and say 45 weeks out of the year [say they play 6-7k mtts in a year].
If someone was taking the game seriously and studying, etc and not playing at too high of a level for their skill level, i feel they should have a winning year if they are putting the study in, etc. I'm sure they can have breakeven years or even losing years but i feel a very small % of the time.
Just ran a sim of 30% roi playing 7k tournies at $22 buyin. Probability of loss is 23%. Average field size i used was 810 and 10% paid. I'm sure the elite poker players will have ROIs way above 30%- prolly 50-100% but obv not at high stakes.