Making a living playing poker.

Ronaldadio

Ronaldadio

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Hello all.

I would like to direct this question at the people who make a living playing poker.

I`d be interested to know
  • how you started out
  • where you play (live or online)
  • What stakes you play
  • How often
  • What was your starting bankroll
  • How are there so many pro players? If pros play against pros you can`t all be making a fortune!!!
  • Anything else that might interest us all
 
Welly

Welly

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There are 2 professional poker players on this site that I know of.

Inevitably you will get a couple of other charlatans with about 10 posts, claiming that they are as well, such is the nature of the poker ego.

What you need to understand is there is a constant flow of people cycling through the system, many of which after winning a couple of MTTs will think they are capable of playing professionally. 99% wont be and will fade fairly rapidly when the cold streak comes.

You can play the exact set of tournaments ever day, and you'll be amazed at the through-flow of people throughout a year, but the core always remains. They make their margin from the throughflow, not from each other. 85% of online players have a negative ROI%. This is where the money comes from.

What you should also understand is that the majority of online pros make their money through volume, rather than through high-rolling.

It might be volume in cash, it might be volume in SNGs, or it might be volume in MTTs, or often a combination of 2 of them. Most will have a key game, which they rely upon, and it is virtually never NLHE, (unless it has rebuys).
 
Ronaldadio

Ronaldadio

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Most will have a key game, which they rely upon, and it is virtually never NLHE, (unless it has rebuys).

Thanks for that m8.

However, I don`t understand this quote. Could you elaborate? (never NLHE??? What do you mean?)

Cheers
 
Welly

Welly

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The vast majority of online NLHE players fade over time. There is too much variance in the tourney formats offered.

NLHE deepstacked, slow blinds, or w/rebuys is a different story....but really online this limits it to major events, and rebuy tourneys.
 
pokerrqueenn

pokerrqueenn

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i like what bbb once said about professional poker players. if you see one on your porch then pay him for the pizza.lol.
 
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