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[QUOTE="LukeSilver, post: 1403239, member: 59099"]
I myself do not play soley mtts for a living. I do make a living from poker but mostly rely on sit and goes I occasionally dabble in mtts but not often. I have a friend who also does poker for a living and he is solely reliant on mtts. He does not make his money by stable results over periods of time. often he will be $2000-$3000 down and then go and win $8000 he has shown a long term winning streak with a large collection of final tables in mtts with 1000+ players.  The way you make mtts pay is to final table them. I have several long runs to my name in tourneys, but not enough to boast about.

placing a higher % then the payout isnt enough. eg if 10% get paid and you place 15% of the time its not enough to make money.

thats because you get less then twice your buyin for placing in a typical mtt. assuming u got exactly twice your buyin and staked 10$ every time.

after 100 mtts if your placing 15% of the time you would have lost $700, thats before rake is factored in.

if you came first in a large mtt your looking at 1000 times your buyin maybe higher. Basically the pay out is skewed towards the deeper stages and to make a living from mtts you have to be able to go deep in them, placing more often then the pay out structure % just isn't enough.
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