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Poker Discussion
General Poker
If you can make $500 a month playing poker, how would you do it?
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[QUOTE="fundiver199, post: 6132404, member: 397965"] Exactly. In my personal experience it is easier to make money in MTTs than in either SnGs or cash games, but there are also some major drawbacks of MTTs, which not everyone can live with. MTTs require a lot of time committment, since they can last for up to 6-7 hours or sometimes even more. And while you are not always going to be there until the end, you cant just stop your session on short notice, if you get invited to a friends house or suddenly feel tired and prefer to not play. The other major drawback of MTTs is, that variance is larger than in other formats. If you play low stakes MTTs, you are sometimes going to win 300$, 500$ or even 1.000$ in a single event, which is of course great. But you will also have far longer losing streaks than in the other formats. Which can make it mentally tough at times. I had a great year in the MTTs on 888 Poker in 2020, but in 2021 so far I have been playing 930 events (although a small portion are SnGs) and have only been able to show a profit of 120$ and a 2% ROI for all this effort. So essentially I am no more than break even over this pretty large sample. And the point is, runs like these are completely normal and expected even for winning MTT players. Once again I could not agree more. If you are going to take poker serious and put in many hours of work, it would be silly to limit yourself to MTTs with a buyin of less than 5$. MTTs with a buyin of 5-19$ are not that much tougher, and they can be played with a bankroll of 1.000 to 2.000$. Of course you can mix it up. There is nothing wrong with playing a 3,3$ and an 11$ MTT in the same session. But you should expect the bulk of your profit to come from low stakes (5-19$) games. Of course if things go well, you might eventually try to make it into mid stakes (20-99$) games, and then the profit target is no longer just 500$ per month. But from my still somewhat limited experience, even the low end of mid stakes like 22-33$ games do tend to be significantly tougher. You still see a recreational player now and then, but there is a far higher percentage of solid regulars, and they also tend to be better and more aggressive in general. [/QUOTE]
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If you can make $500 a month playing poker, how would you do it?
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