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Poker Discussion
General Poker
Chris 'Fox' Wallace (Poker Pro, Coach and Author) - Ask Me Anything!
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[QUOTE="ChrisFoxWallace, post: 6480081, member: 474011"] It is absolutely possible. But you'll need to find tournaments with a low rake and play fairly well. If you assume a 50% ROI (Return on Investment) and an average buy-in of $3, then you'll make $1.50 per tournament. This would require you to be a pretty strong player, but certainly not a serious expert. If you can achieve those stats, then you can generate $500 a month by playing just over 300 tournaments. That's a lot of tournaments in one month, but certainly possible. If you get good enough to do that, you might consider moving up in buy-in level, to play rebuys up to $5 and buy-ins up to $20 and see how you do in those. You could make $500 a month with a lot less hours if you really study and get good enough to beat those slightly bigger games. For now I would stick with the micros and keep records of your play to see how much money you have made in profit after 500 tournaments and then get back to me. [/QUOTE]
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Chris 'Fox' Wallace (Poker Pro, Coach and Author) - Ask Me Anything!
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