Originally Posted by DenverDave
I have often wondered how the pro's play online/live, and use winnings for paying bills?
I know if you hit a big MTT payday, if you budget your money, you can make it last. But I know most pro's make their living with cash games.
I had read Sklansky saying you should never take money out of your bankroll. No? How do you pay the electricity Mr. Mad Genius?
Do they always have 100 buyins and regularly take payouts to live on? Maybe splurge every now and then?
I would love to hear from any of the pro or semi-pro's here that are using online poker to make a living and their strategies for doing so.
This....they play a lot of volume and use rakeback /VIP cashback on Stars to pay for their monthly nut(rent/mortgage, car, gas, food and other assorted bills).
Also, if you arent multitabling at least 100NL, you really are pretty marginal as a pro imho. You might make it for awhile, but....busto is looming.
So if you play 8-12 tables of 100NLH 6 handed 35 hours a week to allow for vacations and taking off time...you are pulling in well over 45k/yr pretax in just effective 30% rakeback.
Hit supernova elite or something and it gets much more lucrative, but that would take much more or higher staked play.
calculations can be made here: