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  Poker - expected earn rate
 
  #1  
08-01-2008, 3:40 AM
younggun03
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expected earn rate

i was wondering how much i should expect to earn on average playing no limit holdem cash games.
thanx, younggun03
 

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  #2  
08-01-2008, 3:44 AM
pigpen02
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The average player loses.
  #3  
08-01-2008, 3:47 AM
sportsfreak_39
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when did people get the idea that poker was an easy salary?
  #4  
08-01-2008, 4:10 AM
zachvac
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it's a complex equation involving the location of the sun, Mars, and my right shoe, but all in all it usually comes out to approximately a million bucks every once in a blue moon.
  #5  
08-01-2008, 4:39 AM
snrcreech
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the fact that you're asking that question probably says that breaking even every hour would be a good start
  #6  
08-01-2008, 5:42 AM
gamedemon
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Location: Ottawa Canada
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Hopefully that thread attached below will help answer your question. Basically, if you can run around 10BB/100, you are doing well. The actual money you make will depend on what table stakes you are playing.

http://www.cardschat.com/f13/6-bb-pe...profit-101186/
  #7  
08-01-2008, 6:07 AM
younggun03
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Quote:
Originally Posted by gamedemon
Hopefully that thread attached below will help answer your question. Basically, if you can run around 10BB/100, you are doing well. The actual money you make will depend on what table stakes you are playing.

http://www.cardschat.com/f13/6-bb-pe...profit-101186/
thanx alot for giving a decent answer and not bein a dickhead like the 1st 4 responses. the reason i asked is cause i just started playing cash games because i always only played sit and gos thanx alot tho.
  #8  
08-01-2008, 7:35 AM
zachvac
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Quote:
Originally Posted by younggun03
thanx alot for giving a decent answer and not bein a dickhead like the 1st 4 responses. the reason i asked is cause i just started playing cash games because i always only played sit and gos thanx alot tho.
You didn't give any information. You can either give some information, or there is something called the internet, which has vast amounts of information out there. Again, if you sai "I'm a tournament player, started cash games playing at the X level" we could have answered with decent answers. But for example I say I'm a baseball player, how much money can I make? If I'm A-Rod, millions a year. If I'm an average player, I'm lucky to be getting paid at all for it. I'd say poker is easier to make money at than baseball, but it's the same logic.
  #9  
08-01-2008, 8:22 AM
Munchrs
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Quote:
Originally Posted by zachvac
I'd say poker is easier to make money at than baseball, but it's the same logic.
Id rather play baseball/Soccer , less stress
  #10  
08-01-2008, 9:01 AM
reglardave
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Quote:
Originally Posted by zachvac
You didn't give any information. You can either give some information, or there is something called the internet, which has vast amounts of information out there. Again, if you sai "I'm a tournament player, started cash games playing at the X level" we could have answered with decent answers. But for example I say I'm a baseball player, how much money can I make? If I'm A-Rod, millions a year. If I'm an average player, I'm lucky to be getting paid at all for it. I'd say poker is easier to make money at than baseball, but it's the same logic.
In 2 seperate lifetimes, I have made money at both, plus a few other occupations. Baseball was less stressful mentally, poker is easier on the body. Writing articles/short stories was cool, but led to insomnia, and freelance photography kept me out at odd hours. In the end, they all paid out about the same- SQUADOOSH!
  #11  
08-01-2008, 12:16 PM
Ronaldadio
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You need to have a realistic target.

I play ring games for the FPP bonus, not to win cash specifically, although any winnings is a bonus.

My strategy is simple and is as follows:-

RIng games target - break even and hit 1500 FPP on stars/ month
SNG target - Make about 10% ROI/ Month
MTT - Cash in every 5 MTT I enter and make my big money here at final tables.

Hope that gives u one perspective
  #12  
08-01-2008, 1:10 PM
pigpen02
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Quote:
Originally Posted by younggun03
thanx alot for giving a decent answer and not bein a dickhead like the 1st 4 responses. the reason i asked is cause i just started playing cash games because i always only played sit and gos thanx alot tho.
You still have not given enough information to get anything but a dickhead response IMO.
  #13  
08-01-2008, 1:14 PM
pokerjdud
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haha well i have made a pretty good living off poker, i make about - 2k a year
  #14  
08-01-2008, 5:11 PM
Ronaldadio
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Quote:
Originally Posted by pokerjdud
haha well i have made a pretty good living off poker, i make about - 2k a year
Cost of living must be cheap where u live

Last edited by Ronaldadio : 08-01-2008 at 5:20 PM.
  #15  
08-01-2008, 5:29 PM
tenbob
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Win rates for a no limit ring player vary vastly dependant on what type of game you play and the stakes. So a few questions, its it 6max/HU or full ring, and what skakes are you interested in ?

For example on nl$5 I crushed it for 35 big blinds (ptbb is different and half that) per 100, on nl$100 im currently running at about 6.6bb per 100, both full ring. If you can make 1xbb ahead of the rake on a nl$100 table, you can consider yourself a wayyyy above average player.
  #16  
08-01-2008, 6:12 PM
zachvac
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Quote:
Originally Posted by tenbob
Win rates for a no limit ring player vary vastly dependant on what type of game you play and the stakes. So a few questions, its it 6max/HU or full ring, and what skakes are you interested in ?

For example on nl$5 I crushed it for 35 big blinds (ptbb is different and half that) per 100, on nl$100 im currently running at about 6.6bb per 100, both full ring. If you can make 1xbb ahead of the rake on a nl$100 table, you can consider yourself a wayyyy above average player.
Is that 6.6bb big blinds, or PTBB? Either way, that's pretty damn good.
  #17  
08-01-2008, 7:36 PM
pigpen02
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Location: Albany, Georgia
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Quote:
Originally Posted by younggun03
i was wondering how much i should expect to earn on average playing no limit holdem cash games.
thanx, younggun03
Quote:
Originally Posted by pigpen02
The average player loses.
I still stand by my original answer. You have yet to give us any indication that you are above average. You need to be 10% above average to break even because of the rake. There are a handfull of players here who make a profit. There are about 30,000 who don't.
  #18  
08-01-2008, 9:50 PM
younggun03
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well im gonna be playing 9 handed nl tables at $.25-.50 blinds, now lets here some advice lol


thanx,youngguno3
  #19  
08-01-2008, 9:54 PM
Munchrs
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Quote:
Originally Posted by younggun03
well im gonna be playing 9 handed nl tables at $.25-.50 blinds, now lets here some advice lol


thanx,youngguno3
you you average higher than 5bb/100 your doing good. 10+bb/100 and your playing great.

Also do you have any stats of previous levels you have played?
  #20  
08-01-2008, 9:58 PM
pantin007
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Posts: 4,468
are u rolled for the downswings {ie 25+ max buy ins}
well really it is not an easy think to calculate
u really need to give more info for us to help u
with that said, if u making 6 to 10 BB/100 u will be making a great profit
10BB/ 100 is basically 10$ made per 100 hands (1BB is 2*big blinds}
calculating this is not an exact science i might add
  #21  
08-01-2008, 10:55 PM
arahel_jazz
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Frankly, I *expect* to earn zero profit. I support myself (and family) in other ways.
I *intend* to stay on a positive cash slope for the year playing on a part-time basis.

I have experience in the Music business. Most musicians have to work in other fields to support themselves (me, for example). One out of every 5,000 musicians "make a living" playing music as their sole source of income. (i.e. able to pay bills, eat food, own a car... etc...) Only one out of 100,000 actually hits it big and becomes independently wealthy. I apply that same anology to Poker.
  #22  
09-01-2008, 12:36 AM
tenbob
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Quote:
Originally Posted by younggun03
well im gonna be playing 9 handed nl tables at $.25-.50 blinds, now lets here some advice lol


thanx,youngguno3
If your just starting out, expect to lose pretty heavily. If your coming from a nl$10, nl$25 background expect to win at a much slower rate. In all seriousness if your 1big blind per 100 ahead of the rake over a large sample of hands you can consider yourself a winning player.

The best players out there consider running at 10bb/100 a total heater. An EXCELLENT win rate is 5bb/100.
  #23  
09-01-2008, 5:33 AM
younggun03
Junior Member
 
Plays at: fulltilt
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Quote:
Originally Posted by pantin007
are u rolled for the downswings {ie 25+ max buy ins}
well really it is not an easy think to calculate
u really need to give more info for us to help u
with that said, if u making 6 to 10 BB/100 u will be making a great profit
10BB/ 100 is basically 10$ made per 100 hands (1BB is 2*big blinds}
calculating this is not an exact science i might add

so r u saying that 2bb in a .25-.50 blinds game would be 1 dollar?
thanx alot by the way u gave me alot of info, younggun03
  #24  
09-01-2008, 4:34 PM
Jack Daniels
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Quote:
Originally Posted by younggun03
so r u saying that 2bb in a .25-.50 blinds game would be 1 dollar?
thanx alot by the way u gave me alot of info, younggun03
Yes, for 25NL, 2bb/hour = $1.00/hour. It doesn't sound like much because it isn't. You don't hear about people supporting a themselves, much less a family, playing 25NL. But you have to start somewhere and work your way up.

Also, since you're just making the switch from SnG to Ring, you might want to consider starting at 10NL instead (unless your BR dicates even lower than that).
  #25  
09-01-2008, 4:42 PM
dj11
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The biggest problem with the OP was the word 'expect'.
  #26  
09-01-2008, 6:48 PM
SlowcalaPro
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"I'd say poker is easier to make money at than baseball, but it's the same logic."

Are you on crack? LMAO Just kidding. But seriously, when is the last time you saw a losing poker player making a league minimum? A baseball player, or team, could have a winless season and still make hundreds of thousands, if not millions. So I think baseball players make money easier than poker players. I would much rather be a below average pro ball player than an average pro poker player. Wouldnt you? Just sign the contract.
  #27  
09-01-2008, 7:02 PM
Jack Daniels
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Quote:
Originally Posted by SlowcalaPro
But seriously, when is the last time you saw a losing poker player making a league minimum? A baseball player, or team, could have a winless season and still make hundreds of thousands, if not millions. So I think baseball players make money easier than poker players. I would much rather be a below average pro ball player than an average pro poker player. Wouldnt you? Just sign the contract.
It's nice to say that, but I'd be willing to bet that you're more qualified to be a pro poker player than you are a pro baseball player. Anyone can claim pro poker player and try to cut a living from it, not so with pro baseball. So from that perspective, it is easier to make money in poker than it is in baseball. You still need a certain level of skill just to make the team and make the minimum.
  #28  
09-01-2008, 10:19 PM
zachvac
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Location: Cleveland, OH
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Quote:
Originally Posted by SlowcalaPro
"I'd say poker is easier to make money at than baseball, but it's the same logic."

Are you on crack? LMAO Just kidding. But seriously, when is the last time you saw a losing poker player making a league minimum? A baseball player, or team, could have a winless season and still make hundreds of thousands, if not millions. So I think baseball players make money easier than poker players. I would much rather be a below average pro ball player than an average pro poker player. Wouldnt you? Just sign the contract.
If you can make it, but that's the point. I've worked my whole life at baseball, and although I am playing in college, I'm at a division III school and not really expecting to go much further. No matter how hard you work, you have to be one of a few body builds to make it even to a decent college program. Look at ALL of the small guys, and they all had connections somewhere to get them in the door. Brian Roberts had his dad, and then he got cut from his college team when his dad left. Steroid accusations aside, I don't think anyone argues he's good enough to be there. While baseball's definitely more forgiving than other sports (try making it as a 150 pound football player or a 5'5" basketball player), it's really hard to make it as a pro sports player. Yet despite playing baseball for 13 years and poker for 3, I'm showing a profit at poker. If you work on your game it is definitely possible to make money in poker. It is much harder to make money playing baseball, the only difference is if you do make it, you're a lot better off than most poker players who make money. The other major thing is schedule. If you can profit from online poker, you can basically set your own schedule to play. Name another job where you can do that? But if it were easy, everyone would do it, and that applies to poker and baseball. Anyway, I'm kinda rambling now, so I'll stop.
  #29  
12-01-2008, 6:52 PM
bustme
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Posts: 261
If your good you should make over 10 BB /100 hand
  #30  
13-01-2008, 2:02 PM
bustme
Expert Member
 
Posts: 261
Ive just moved up in stakes to NL 20.... And it is easyer to make profit there than lover levels............

At this stake people have begin to be afraid of there money


So if you can make it on the lover stakes you can probably make it on the higher
  #31  
15-01-2008, 7:35 PM
GabryRox
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Quote:
Originally Posted by zachvac
If you can make it, but that's the point. I've worked my whole life at baseball, and although I am playing in college, I'm at a division III school and not really expecting to go much further. No matter how hard you work, you have to be one of a few body builds to make it even to a decent college program. Look at ALL of the small guys, and they all had connections somewhere to get them in the door. Brian Roberts had his dad, and then he got cut from his college team when his dad left. Steroid accusations aside, I don't think anyone argues he's good enough to be there. While baseball's definitely more forgiving than other sports (try making it as a 150 pound football player or a 5'5" basketball player), it's really hard to make it as a pro sports player. Yet despite playing baseball for 13 years and poker for 3, I'm showing a profit at poker. If you work on your game it is definitely possible to make money in poker. It is much harder to make money playing baseball, the only difference is if you do make it, you're a lot better off than most poker players who make money. The other major thing is schedule. If you can profit from online poker, you can basically set your own schedule to play. Name another job where you can do that? But if it were easy, everyone would do it, and that applies to poker and baseball. Anyway, I'm kinda rambling now, so I'll stop.
I totally agree with you... to become a professional athlete, you have to be born with a certain amount of natural ability. Certainly those people still need to work to hone their skills, but the fact remains that the vast majority of people would never be able to make it to the pro/self-sustaining level no matter how much effort they put into it. Similar thing with being a musician.

However, poker is not really dependant on physical prowess, so most average people would at least have a shot at becoming succesful at it (I think that is where the ultra-high popularity comes in). Certainly you need a decent mind for numbers/odds/analytics and such, but there's probably only a relatively small segment of society that does not possess that ability. Of course, I'm talking about mainly online playing here. If you're playing brick & mortar, it's somewhat more dependant on your ability to read people and such. But still, this population of poeple is significantly higher than those that have a ligitmate shot at becoming a pro athlete or musician.

Speaking of reading people, isn't it juck sick how Negranau can read what people are holding? Was watching the WSOP on ESPN the other day, and I swear, the guy was dead on on almost all of his reads. Even the announcers were amazed, stating that "maybe he should be in charge of finding Bin Laden"!
  #32  
16-01-2008, 12:37 AM
Ronaldadio
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I agree about sports but disagree about poker.

Like everything in life you need a skill set.

Poker is not just about maths ability, it is also about mental strength and lots more.

I can`t think of many things in life where u do not need an amount of ability. For example, some people are good with their hands, so they work a trade plumber, electrician, etc.) Others, however, are better with their brain.
  #33  
16-01-2008, 1:00 AM
LRPharm54
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In my most humble opinion, it is difficult to gauge an average earning rate. I would think a player who has given the time to learn as much as possible, and playing a large number of games over a reasonably long time frame should be able to increase his/her bank by 50% over the long haul. Since it is considerably random on what cards a player will get, it depends wholly on good cards, smart aggressive playing style, and a reserved non-chasing profile. Even the best player can lose if the cards aren't there, but with patience and consciencious playing, you should increase your bankroll over the long haul with good focused playing. Otherwise it is a tossup in any event and the statistical probablilities will be that you will lose more often than win. It also depends on consistency and the card playing smarts of the other players involved. If you get a room full of dummies, you have it made and you can double your stack quickly and know when to bluff or not.
  #34  
16-01-2008, 1:09 AM
vanquish
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I mean, look at it this way: if you earn 5PTBBs/100 at 50max full ring, you can 6-table and make $30 per 100 hands, so about the same per hour, which is quite solid.
 

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