If I want to win $2000 a month,then what level buyin shound I be

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luckytvguy

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Here I mean the tournament.Just in detail,if I want to make money about 2000 dollars every month though playing online poker tournament,and I play six houses a day in average.Then what tournament level should I be?
 
mamutmamut

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That matters...On that buy-in where you feel comfortable and where few losing games does not take your bankroll in jeopardy!
 
midgetfactory

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You need to read up on bankroll management, you can pluck a figure out of thin air like 2000$ u gotta make sure your a winning player first then u can set some goals
 
micromachine

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Playing MTTs yo will not win 2000 every month, you may go for many months without any significant wins
 
Arjonius

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Playing MTTs yo will not win 2000 every month, you may go for many months without any significant wins
This is a generalization that doesn't take into account such factors as field size and relative ability level. Choosing MTTs with smaller fields and where your ability advantage is significant will reduce the likelihood of long droughts.
 
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jcdagenius

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cash games this is possible at higher stakes....it is also possible for mtts but variance is big and you can not cash consistent......go for cash and mix in mtts
 
Debi

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That is a hefty goal to set for yourself. You will need a very large bankroll.
 
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RamdeeBen

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It's possible, especially if you mix in some 180 man SnG's into your MTT's. You can do this at $2.20-$5.00 games quite consistently if you put in the hours and of course are profitable at the games. I'd say a $1k bankroll is more than enough to cushion these games.


I must add though, aiming for profit games in per month really shouldn't be your "goal"
 
micromachine

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This is a generalization that doesn't take into account such factors as field size and relative ability level. Choosing MTTs with smaller fields and where your ability advantage is significant will reduce the likelihood of long droughts.

That's true, but even playing smaller field MTTs he shouldn't expect a consistent income month to month. Also, he plays at Stars so the fields are huge mostly
 
Michael Paler

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Here I mean the tournament.Just in detail,if I want to make money about 2000 dollars every month though playing online poker tournament,and I play six houses a day in average.Then what tournament level should I be?

Well....you would have to make $66.00 every day if you play 30 days in a row. That is not very practical, so lets say Wednesday through Sunday, for 5 days a week. That is $100.00 per day you need to win to make 2k a month, but keep in mind that is not correct because you must subtract the buy ins from your wins. So if you can spend $25.00 a day and win $125.00, for example, you will make 2k a month.

Yet, some days you will have to make far more to cover the days you do not make the minimum you need daily or the days you make nada. And in an MTT, that could be more than a few. So you need to determine what the MTT you are playing in has for a minimum cash payout. And you will need a high percentage of those min cashes to make it.

Now, you certainly could, if good enough, play in the merge sunday big ticket each week. You could bypass the $215 entry into that by winning entry into it in steps. For example; play $1.10 games for a $30.00 ticket win and then win one of those for a $215.00 entry (it might take more than that, but you get the idea). They have to be, however, games that have those tickets for the top ten people who make it, not just as the top prize. This increases you chances. They do have games like this.

The problem with all of this is the "bologna-steak" syndrome of making a living this way, not unlike salesmen. Some months you do not hit your target and eat bologna. Some months you make more than this and eat steak.

As you can see, it will not be easy. In an MTT if you lose one, that is it; you are gone, start again. For this reason, I would seriously consider playing cash games instead. Those daily targets are far easier to hit consistently in cash games. In cash games you can make calls based on pure math. For example, say you do not think your odds of winning in a certain hand are all that great. However, if you make the call every time in the same situation, the times you lose will be less money lost overall than the times you win; the one time you win can more than pay for the times you lose. When you lose you can simply replenish your stack. You cannot do this in a MTT as any loss eliminates you.

So if you move over to cash games, you need to learn Bankroll management and more math of the game itself (as shown above in that sometimes you call knowing you might lose) and get real good at it. You start at the least expensive games (2c/4c) and move up ($1/$2, etc) until you find one you are steady at. You will still run into the "bologna-steak" syndrome, but hopefully far less.

Hope this helps. And keep in mind that either way you need to keep close track of your performance; win, lose, break even, days/times played to see what days/hours have more sharks, which has more fish, etc.
 
luckytvguy

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Oh,thank a lot to all friends replying and giving me advice.I think that there may be some mistakes in my words.May be I ought to say wining 12000 dollar every year,if so,is it also a hefty goal?From the anwsers above,I have a impression that wining this figure of money is very difficult.Second,I also have a impression that cash game can make great money.These two impressions discourage me of playing poker.I have a job and can make more money than 2k a month.And I love playing poker,hoping one day playing poker for living.So,if I cant make at least that much money,2k a month or 12k a year,I ought to go on my job and give up poker right now.Are there still any hope for me to playing poker for living?And,I am playing tounament more than cash game,does that mean I am going on the wrong direction?
 
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best grind the cash limits

how many hands could u play per month?
 
10058765

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So,if I cant make at least that much money,2k a month or 12k a year,I ought to go on my job and give up poker right now.Are there still any hope for me to playing poker for living?

2K a month is not equal to 12K a year.
Still, I've seen players on Stars making a living multitabling 180 SnG's with a buy-in of $2,50.
Running really deep in large MTT's will take you more than 6 hours so I think that's not even an option.
 
micromachine

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Oh,thank a lot to all friends replying and giving me advice.I think that there may be some mistakes in my words.May be I ought to say wining 12000 dollar every year,if so,is it also a hefty goal?From the anwsers above,I have a impression that wining this figure of money is very difficult.Second,I also have a impression that cash game can make great money.These two impressions discourage me of playing poker.I have a job and can make more money than 2k a month.And I love playing poker,hoping one day playing poker for living.So,if I cant make at least that much money,2k a month or 12k a year,I ought to go on my job and give up poker right now.Are there still any hope for me to playing poker for living?And,I am playing tounament more than cash game,does that mean I am going on the wrong direction?

Why not just carry on with the job and carry on playing poker too!! Win win :)

It doesn't have to be one or the other does it.
 
luckytvguy

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So,if I cant make at least that much money,2k a month or 12k a year,I ought to go on my job and give up poker right now.Are there still any hope for me to playing poker for living?

2K a month is not equal to 12K a year.
Still, I've seen players on Stars making a living multitabling 180 SnG's with a buy-in of $2,50.
Running really deep in large MTT's will take you more than 6 hours so I think that's not even an option.
Yeah,I made a mistake.It ought to be 24k a year.
 
luckytvguy

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Why not just carry on with the job and carry on playing poker too!! Win win :)

It doesn't have to be one or the other does it.
Lol,once I thought poker can give me freedom,not like my job going to office everyday from monday to friday.Now that it may be just a illusion.
 
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It can give some people that option. Not all of course. There are so many variables for someone who is capable of playing for a living, it seems to me you just think it's easy by just playing certain limits. It's so much more.

I also think; playing for $10-$20k per year would only lead you to hating poker in the end. It would be a hard grind, much more stressful and the "freedom" from the hours you put in and money you make out of it isn't as good as you think. Earning $10k-20k per year as a side income for something you enjoy and aim to get better at is good but doing it to try pressure yourself to make this each month will only lead to misery.

I think for someone to have a dream job in poker; and freedom you are thinking would need $50k+ per year and not having to grind every single day.


Best advice if you really want to do it is; continue your job and just study a lot for a year and work on your game. Don't worry about results or making $2k per month, just look at it as an investment for the future.
 
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That's an easy question, just pick the highest possible buy in game you can find anywhere...online...brick'n'mortar. I'm sure you could find a two thousand dollar SNG to play in easily enough. All you have to do is 'win it' then, and you'd technically have won 2k by spending 2k. The premise of your question makes absolutely no sense, I agree with the others here, read up on bankroll management.
 
MTCashman

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I would say a reasonable goal would be to play $5 buy-ins, since you play all day every day like myself the profit from multiple of these stakes can easily bring you over $2000 a month, but of course you need the bankroll to sustain you. If you have over $600 I would recommend starting there.
 
NateVest

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Here I mean the tournament.Just in detail,if I want to make money about 2000 dollars every month though playing online poker tournament,and I play six houses a day in average.Then what tournament level should I be?

I agree with all of the previous comments, this is a daunting task for a very good card player. Starting bankroll and the confidence level you have in your game are two major things to look at initially. Secondly, bankroll management will be huge, directly affecting the level of stakes you are playing. You should only be playing 5-10% of your roll in any given game, some pros will tell you to play with an even smaller percentage. Lastly is your ability level and how profitable you are at micro stakes or the stakes you are at currently. I try to gradually increase stakes and adjust according to the amount of your roll.
 
NateVest

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So,if I cant make at least that much money,2k a month or 12k a year,I ought to go on my job and give up poker right now.Are there still any hope for me to playing poker for living?

2K a month is not equal to 12K a year.
Still, I've seen players on Stars making a living multitabling 180 SnG's with a buy-in of $2,50.
Running really deep in large MTT's will take you more than 6 hours so I think that's not even an option.

I assume you are talking about strictly online poker. With the amount of time you say you have to invest, I would encourage you to start trying to be profitable on your off time and keep your job in the process, because poker is a very inconsistent game considering variance and you have to put in a lot of volume to get results. Pros go tournaments without cashing sometimes and that goes to show you that you must be in it for the long, tedious grind. My advice, continue playing poker on your off time and get a job. Once you see your profitability level looking to where you could realistically hit the profit levels you are expecting now, then you will most likely have money set aside or have built a bankroll to start. Only grinding 6 hours a day will get you marginal results if you want to make a living doing it.
 
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WeenieSVK

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I think its not good goal to start with.. I think it can easily forced you to play tourneys of SNG with buy-ins above your bankroll management... And ofcourse it can forced you to make bad decisions at tables if you will be too much concentrated on making exact minimal number of winnings,, you know what I mean? :)
 
italiano

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I would recommend you to play mtt's, as this type of tournament is short! The variable H-UPs can help if you would recommend that you read something in the hand and that hand can win and also lose a lot, other tournaments that you can play is hyper turbo 6 max players and I would say that the buy-ins do not exceed $ 20 playing 3-5 hours a day will easily attain the 2000 dollars, this depends obviously that your results are good! estimated that the month has 31 days with 30 0 win one per day you'll be on the right track!
 
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That's a very specific number and probably impossible to predict. If you are a winning tournament player - and that's a big if - then you probably know that variance in MTTs is MASSIVE. In fact, I recently saw a graph that basically showed that nowadays the bottom 80% of MTT players are expected to lose due to rake, etc. Just make sure to keep about 100 buy-ins of your stake and grind up. Guesstimating, you can probably play exclusively $22 tournaments with RELATIVELY low volume and make $2k a month if you get through swings.
 
Poker Orifice

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. So if you can spend $25.00 a day and win $125.00, for example, you will make 2k a month.
So like an average ROI of +500% or sumthin'?

'If' a player were to be hoping to profit $2k/mth & they were playing 5days/wk. I'd think they'd need to be playing closer to a figure like $400/day in buyins (& probably 30+ tourneys per day).
 
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