Profitability of poker.

I would say the average 100nl grinder makes about $30k a year

Are we talking full time play here?

Also we're moving away from my original point as well about highlighting which area of the game has the most potential for profit - the way I see it is cash games are at their strongest right now along with SnGs, but MTTs haven't really seen this same affect?

Originally posted by CallumN
I would say the average 100nl grinder makes about $30k a year

Is your estimate with or with our rakeback? Because on nl100 your still paying a fairly absurd rake so rakeback is a big part of your profit on that limit.

There are guys who grind out SNE playing nl100 which means they get 110k in rakeback which does mean insane volume but so i would asume that an average grinder who plays for a living and puts in some decent volume still gets about 20-30k in rakeback alone and if he manages 2-3bb winrate as well his up at 50k+ a year.

Originally posted by CallumN
I would say the average 100nl grinder makes about $30k a year

Yeah about that. $30k year means ~$22.800 euros = €1900/month. About the net income of someone who just finished college. (here at least)

Originally posted by ragney

Originally posted by CallumN
I would say the average 100nl grinder makes about $30k a year

Yeah about that. $30k year means ~$22.800 euros = €1900/month. About the net income of someone who just finished college. (here at least)

Non taxable though remember

average income in lithuania after finishing a degree for 6 years will be about 800$, if you'r very very lucky it might reach 2k$/month, so obv poker is way easier and you don't waste 6 years

lol @ 'waste'

Originally posted by CallumN
I would say the average 100nl grinder makes about $30k a year

Anyone could estimate how many players makes at least $30k a year? (online cash game.)

Originally posted by matel17
lol @ 'waste'

The guy is absolutely right. If you make decent money you don't need education because you can always buy a new smart brain.

Wait...

Never mind.

ok, ok, it's not a total waste, but close to it

Is any body here making an income even a small one from playing mtts at micro/low limit mtts?

Originally posted by phantommm92
average income in lithuania after finishing a degree for 6 years will be about 800$, if you'r very very lucky it might reach 2k$/month, so obv poker is way easier and you don't waste 6 years

+1, as much as I'd like to quit poker. I'd be lucky to get 400$/month job with a whooping ~2.5$/hr hourly.

Well in countries where you only need ~$500 for a living (China, India, etc?) NL25 is way than enough to play for a living.

I mean $500 is about 3k chinese money which is decent.

Originally posted by NightFrostaSS

Originally posted by phantommm92
average income in lithuania after finishing a degree for 6 years will be about 800$, if you'r very very lucky it might reach 2k$/month, so obv poker is way easier and you don't waste 6 years

+1, as much as I'd like to quit poker. I'd be lucky to get 400$/month job with a whooping ~2.5$/hr hourly.

well, if you'd get the min salary it would be 1.5$/hour, what a rip off