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-   -   How many online pros average +500k a year in the world? (http://archives1.twoplustwo.com/showthread.php?t=471224)

jeff329 08-07-2007 02:00 AM

How many online pros average +500k a year in the world?
 
think it is like 20, 100, 500, ????

cbnz 08-07-2007 02:00 AM

Re: How many online pros average +500k a year in the world?
 
500

ut2010 08-07-2007 02:01 AM

Re: How many online pros average +500k a year in the world?
 
V

tagtastic 08-07-2007 02:07 AM

Re: How many online pros average +500k a year in the world?
 
7

silver book 08-07-2007 02:10 AM

Re: How many online pros average +500k a year in the world?
 
over eleventy

Mothercanuck 08-07-2007 02:14 AM

Re: How many online pros average +500k a year in the world?
 
there are alot...players u never heard of...10-20 regs make that...

TheProdigy 08-07-2007 02:14 AM

Re: How many online pros average +500k a year in the world?
 
83 or 84

mindstatez 08-07-2007 02:15 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
there are alot...players u never heard of...10-20 regs make that...


[/ QUOTE ]
No.

cbnz 08-07-2007 02:17 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
there are alot...players u never heard of...10-20 regs make that...

[/ QUOTE ]

ding ding ding we have a winner

jeff329 08-07-2007 02:17 AM

Re: How many online pros average +500k a year in the world?
 
10-20 in the world? How many on FT alone? PS? other sites that have them?

cbnz 08-07-2007 02:17 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
[ QUOTE ]
there are alot...players u never heard of...10-20 regs make that...


[/ QUOTE ]
No.

[/ QUOTE ]

yes.

Dire 08-07-2007 02:18 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
10-20 in the world? How many on FT alone? PS? other sites that have them?

[/ QUOTE ]

Not 10-20 players. Players that play 10-20NL. Tons of players.

otter 08-07-2007 02:20 AM

Re: How many online pros average +500k a year in the world?
 
I doubt that's true, unless you're playing about 10 tables and about 50 hours/week.

There may be people who can do that, however in general I'd say this isn't the case

FionnMac 08-07-2007 02:21 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
I doubt that's true, unless you're playing about 10 tables and about 50 hours/week.

There may be people who can do that, however in general I'd say this isn't the case

[/ QUOTE ]

welllll...you're wrong.

otter 08-07-2007 02:27 AM

Re: How many online pros average +500k a year in the world?
 
rarely

bottomset 08-07-2007 02:29 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
[ QUOTE ]
I doubt that's true, unless you're playing about 10 tables and about 50 hours/week.

There may be people who can do that, however in general I'd say this isn't the case

[/ QUOTE ]

welllll...you're wrong.

[/ QUOTE ]

on party last year I don't think more than 15ppl were over 500k/yr at 10/20nl

this year is tougher by far

#1 Bum 08-07-2007 02:31 AM

Re: How many online pros average +500k a year in the world?
 
I would guess around niner

ActionJeff 08-07-2007 02:31 AM

Re: How many online pros average +500k a year in the world?
 
empiremaker2

Abbaddabba 08-07-2007 02:56 AM

Re: How many online pros average +500k a year in the world?
 
I have a hard time believing that the number is so low.

Between 8-12k hands a week is a standard 'work week' for a pro online poker player, imo.

The necessary winrates at 30/60 is about 1.5BB/100.
The necessary winrate at 10/20 is about 4bb/100.

That doesnt even count rb, supernova bonus stuff or other benefits. With all of that, and playing more hands a week, it's perfectly reasonable for someone to be doing it at 15/30 or 5/10NL.

08-07-2007 03:18 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
empiremaker1

[/ QUOTE ]

PokerAmateur4 08-07-2007 04:38 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
[ QUOTE ]
empiremaker1

[/ QUOTE ]

[/ QUOTE ]yeah empire was there a empiremaker or empiremaker1?wtf who does that.

sdfsdf 08-07-2007 04:48 AM

Re: How many online pros average +500k a year in the world?
 
probably 30-50 for no limit
no clue about limit or donkaments or anything else

rwesty 08-07-2007 04:59 AM

Re: How many online pros average +500k a year in the world?
 
A high limit SNG player could make over 500k in just rakeback alone if he really wanted to and it's basically assumed that SNGs are not the way to go if you want to make the most money in poker. With that being said my guess is around 200 per year with a lot of those only making 500k in a year once or twice in their lifetime.

leatherass 08-07-2007 05:06 AM

Re: How many online pros average +500k a year in the world?
 
I think there are around 500 or so if you consider that there are the limit guys, NL guys, tourney guys, and other games like Omaha etc. $500k a year is not incredibly difficult to make of you aren't lazy. A guy that makes 2ptbb/100 at 5/10nl and plays close to 100k hands a month will make it easy especially after rakeback. You can even be a good 2/4nl pro and make $500k a year if you play a lot.

SEABEAST 08-07-2007 05:22 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
You can even be a good 2/4nl pro and make $500k a year if you play a lot.

[/ QUOTE ]

this is true, but people are either lazy or they keep moving up until they find a limit they can't beat. the number *could* easily be 500+, but it isn't, for aforementioned reasons.

eg the guys who make 2BB/100 at 5/10 like you said, tend to either play 30K hands a month and lazily rack up money, or move up til they hit 25/50 and break even etc

leatherass 08-07-2007 05:25 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
[ QUOTE ]
You can even be a good 2/4nl pro and make $500k a year if you play a lot.

[/ QUOTE ]

this is true, but people are either lazy or they keep moving up until they find a limit they can't beat. the number *could* easily be 500+, but it isn't, for aforementioned reasons.

[/ QUOTE ]

No doubt. The truth is most poker pros are idiots. Everyone is always trying to play higher and higher. Then when they get there they always want to piuck on the players who are good regulars instead of focusing on the few fish. Everyone has a rediculusly big ego. If people just grinded and game selected..etc. and stopped being so lazy a lot of people would make a lot of money at this game.

bustedromo 08-07-2007 05:28 AM

Re: How many online pros average +500k a year in the world?
 
For an earning level to be valid it probably has to be averaged over 5 years of full time play. The effect of variance in poker is extreme and players with a nice positive edge can still have ugly long-term downswings of 1 year or more, just as negative edge players can have long-term upswings of 1 year or more.

In terms of pure poker income (no endorsements, poker businesses, books, royalties, or merchandise, etc.) I'd say there are very few players in the world with the edge, volume, and consistency of play to make $500K+/year. And fewer still with the longevity to establish their win-rate with high certainty (95%+ certainty). Definitely less than 100.

leatherass 08-07-2007 05:33 AM

Re: How many online pros average +500k a year in the world?
 
I think you may have accidentaly missed the title of this post. He is talking ONLINE pros. There isn't a ton of variance when playing a million + hands a year and there sure as heck aren't any endorsemnet deals.

bustedromo 08-07-2007 05:42 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
I think you may have accidentaly missed the title of this post. He is talking ONLINE pros. There isn't a ton of variance when playing a million + hands a year and there sure as heck aren't any endorsemnet deals.

[/ QUOTE ]

You should take a look at some simulation graphs posted over in the MTT forum. There is very significant long-term variance swings even for high-volume online play. I was amazed when I saw those graphs. Unfortunately, can't find link right now.

tagtastic 08-07-2007 05:53 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
You should take a look at some simulation graphs posted over in the MTT forum. There is very significant long-term variance swings even for high-volume online play. I was amazed when I saw those graphs. Unfortunately, can't find link right now.

[/ QUOTE ]

Pretty sure OP meant poker pros, not lottery players.

SEABEAST 08-07-2007 05:54 AM

Re: How many online pros average +500k a year in the world?
 
yeah, MTTs lmao

stigmata 08-07-2007 05:56 AM

Re: How many online pros average +500k a year in the world?
 
~200-400 would be my random guess

bustedromo 08-07-2007 06:09 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
[ QUOTE ]
You should take a look at some simulation graphs posted over in the MTT forum. There is very significant long-term variance swings even for high-volume online play. I was amazed when I saw those graphs. Unfortunately, can't find link right now.

[/ QUOTE ]

Pretty sure OP meant poker pros, not lottery players.

[/ QUOTE ]

The graphs weren't for MTT players specifically. The graphs were for indepedent trials with a specified edge, bet size, and bankroll. Nothing to do with the specific game being played. Could be chess, backgammon, blackjack, whatever.

I really wish I could find the link to those graphs. Eye opening stuff.

Sciolist 08-07-2007 06:10 AM

Re: How many online pros average +500k a year in the world?
 
I am having trouble seeing further than about 50 players, perhaps not even that many. I also expect I've heard of most of them. I think a lot of people are overestimating how easy it is to make that much money. It's not THAT hard to have a $50k month: I bet there're 200 people who do that at least once a year, but it's a lot, lot harder to average that much over the year.

1o BoY 08-07-2007 06:23 AM

Re: How many online pros average +500k a year in the world?
 
1000?

Thremp 08-07-2007 06:26 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
For an earning level to be valid it probably has to be averaged over 5 years of full time play. The effect of variance in poker is extreme and players with a nice positive edge can still have ugly long-term downswings of 1 year or more, just as negative edge players can have long-term upswings of 1 year or more.

[/ QUOTE ]

LOL at 6 millions hands to find your true WR. What type of std deviation does this need to get within .5PTBB/100 at a 95% CI. Like 2500PTBB/100?!?

MicroBob 08-07-2007 06:30 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
You should take a look at some simulation graphs posted over in the MTT forum. There is very significant long-term variance swings even for high-volume online play. I was amazed when I saw those graphs. Unfortunately, can't find link right now.

[/ QUOTE ]

Pretty sure OP meant poker pros, not lottery players.

[/ QUOTE ]

The graphs weren't for MTT players specifically. The graphs were for indepedent trials with a specified edge, bet size, and bankroll. Nothing to do with the specific game being played. Could be chess, backgammon, blackjack, whatever.

I really wish I could find the link to those graphs. Eye opening stuff.

[/ QUOTE ]


If you think that the variance is the same for MTT's as it is for cash-games then you are wrong.

0evg0 08-07-2007 06:45 AM

Re: How many online pros average +500k a year in the world?
 
i think ~200-300 sounds right

stigmata 08-07-2007 06:48 AM

Re: How many online pros average +500k a year in the world?
 
[ QUOTE ]
[ QUOTE ]
I think you may have accidentaly missed the title of this post. He is talking ONLINE pros. There isn't a ton of variance when playing a million + hands a year and there sure as heck aren't any endorsemnet deals.

[/ QUOTE ]

You should take a look at some simulation graphs posted over in the MTT forum. There is very significant long-term variance swings even for high-volume online play. I was amazed when I saw those graphs. Unfortunately, can't find link right now.

[/ QUOTE ]

linky anyone?

Dunia 08-07-2007 06:56 AM

Re: How many online pros average +500k a year in the world?
 
but how many players lose 500k?


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