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#1
10-18-2007, 11:37 AM
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Living off SNGs
I just read spacegravy's post and there is something that has bothered me for awhile now that hopefully someone can clear up. I'm starting to wonder if it's possible to make a decent living off of sngs (excl. rakeback deals).
On the Cardplayer leaderboards there are only 30 players listed who have earned 20k in 2007 ( <$100, h/u and single table). The most anyone has made is 60k. Are these stats wrong? What am I missing?. |
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#3
10-18-2007, 11:52 AM
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Re: Living off SNGs
Those numbers sound right. It's hard to make a living playing poker. Did you think it was easy?
Think of a simple example. Say you play $55+$5 on FTP. Say you have an ROI of 8%. So, you make $4.80 per SNG. If you play 750 per month (9000 per year) you would make $43,200 for the year. If you play less and/or have a lower ROI than obviously profit goes down. |
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#6
10-18-2007, 12:04 PM
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Re: Living off SNGs
[ QUOTE ]
Those numbers sound right. It's hard to make a living playing poker. Did you think it was easy? Think of a simple example. Say you play $55+$5 on FTP. Say you have an ROI of 8%. So, you make $4.80 per SNG. If you play 750 per month (9000 per year) you would make $43,200 for the year. If you play less and/or have a lower ROI than obviously profit goes down. [/ QUOTE ] I don't think it's easy, but I don't think it's too hard to learn sngs and profit. The point is that there are about a dozen people on the leaderboard who are making the numbers you quote. And I think that a lot of the pros play more than 750/mth. |
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#7
10-18-2007, 12:13 PM
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Re: Living off SNGs
Right, but as others have mentioned, some play on several sites, and some block their stats. Also, you are only considering those playing under $100 STT. And we still have 2 1/2 months left in the year.
The truth is you have to play a lot of SNGs to even have a chance of making a decent living. It is a really difficult, taxing, grind. I don't play for a living and I couldn't imagine playing 35-40 SNGs day after day after day. It could be that many SNG pros switch it up and mix in cash games, too, thus playing fewer SNGs. |
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#8
10-18-2007, 12:35 PM
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Re: Living off SNGs
[ QUOTE ]
Those numbers sound right. It's hard to make a living playing poker. Did you think it was easy? Think of a simple example. Say you play $55+$5 on FTP. Say you have an ROI of 8%. So, you make $4.80 per SNG. If you play 750 per month (9000 per year) you would make $43,200 for the year. If you play less and/or have a lower ROI than obviously profit goes down. [/ QUOTE ] 750 per month is pretty low for a lot of the full-time players that 12-20 table. |
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#9
10-18-2007, 12:36 PM
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Re: Living off SNGs
[ QUOTE ]
The truth is you have to play a lot of SNGs to even have a chance of making a decent living. It is a really difficult, taxing, grind. I don't play for a living and I couldn't imagine playing 35-40 SNGs day after day after day. [/ QUOTE ] 35-40 SNGs is less than 2 sets to many STTers. |
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#10
10-18-2007, 12:38 PM
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Re: Living off SNGs
One other consideration is that the Sharkscope leaderboard is not automatically configured, per se. I believe you either have to nominate yourself or be nominated to be included on the leaderboard lists. While I would have no way of quantifying the total, there are people who have earned more than $20K under one screen name and at one site at the stakes you mentioned but are not listed on the leaderboard FWIW.
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