#21
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Re: Making A living at 50NL holdem
I think a lot of us have to realize that it's different for non-Americans as our table quality has drastically gone down post neteller-disaster.
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#22
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Re: Making A living at 50NL holdem
[ QUOTE ]
[ QUOTE ] If you're young and still in college I think its fine but as for a real job playing $50nl thats a joke in my opinion. You'll barely make ends meet and it will get old quick. [/ QUOTE ] if you think about it. a winning player could do fairly well multitabling. you can certainly be making more than 10 dollars an hour...more like 25-30 if you were just 6tabling. if you dont have a family and put in 30 hours a week, youd be doing pretty alright. [/ QUOTE ] I agree with this. I think most people here forget what the average person actually makes at an average job. It is something like $12-$14/hr on average. That in mind, multi-tabling NL $50 doesn't seem so bad for ~$25/hr. Not advocating doing so of course. If you are going to just be an NL 50 pro, it ought to be part-time. |
#23
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Re: Making A living at 50NL holdem
Well you start with a huge advantage as a UK player as you have access to all sites and don't pay tax on winnings.
If you really just need pocket money (ie you live at home with parents) then you can go 'pro' at any stakes you wish I guess. Pro at $50 sounds like a hard grind, but I guess you will move up in due course right? There is only one stat that really matters here and that's $/hr. If you are making a sum you are happy with and enjoying the game, then I guess it's fine. I don't see online poker going anywhere soon (outside US it's still growing strong)and as a non-american you can just stay with the fish and avoid the US sites. I would investigate playing at Codepoker (Prima site) if I were you as they pay you 50% of your monthly winnings as bonus (to a max of $3000). If you are making $70/day at the $50 tables by way of winnings for 25 days of the month, that would make your monthly winnings $1750 and they would give you another 875 - bringing you up to about $2600/£1350 tax free per month, more than say a trainee lawyer gets paid, nevermind something socially useful like a junior nurse. |
#24
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Re: Making A living at 50NL holdem
If WICKSS in the STT forum can make a living grinding the $3.40 SnG's I'm sure the 50NL tables can accomidate that as well.
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#25
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Re: Making A living at 50NL holdem
I'd feel pretty depressed if I was 40 making a living playing 50NL
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#26
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Re: Making A living at 50NL holdem
[ QUOTE ]
5bb/100 *.75 hands/hr *8 tables =$30 + ~$10 rakeback/per hr. I think there are a lot of people out there who would be happy to make $40/hr. [/ QUOTE ] 5bb/100 hmmm someone still plays at party poker! |
#27
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Re: Making A living at 50NL holdem
You need to make 3x as much money as you need to live if you are playing for a living IMO.
This is based on the assumption that you want to move up, you want to pad your bankroll and you want to minimize your ROR. Let's say you net $2k at a current job/month. If you are making $3k/month at poker, you need to cash out $2k every month, making bankroll building extremely tedious. I'd say the minimum stake to make a living at poker is $100 NL, and that's pushing it. |
#28
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Re: Making A living at 50NL holdem
You can make 60k a year at 10c/25c.
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#29
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Re: Making A living at 50NL holdem
My mom and dad take turns playing 50NL and doing the laundry.
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#30
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Re: Making A living at 50NL holdem
[ QUOTE ]
I'd feel pretty depressed if I was 40 making a living playing 50NL [/ QUOTE ] I'd feel pretty depressed if I was 40 making a living pointlessly pushing bits of paper around a desk in a sterile office, composing tedious emails about widgets, making small talk with boring colleagues around the water-cooler and sitting in traffic for endless hours for the 10,000th day in a row. |
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