I know plenty of MTT players ranging from averagely to very profitable. There are plenty of regs on every site making good money from MTTs. IMO MTTs are more profitable than cash, mid/high stakes regs play a bunch of tables and as you move up and there's less table choice tables become more and more reg filled. While there are some tournies which are reg filled its easy enough to game select with the choice out there.
What rake insanity are we talking about? Are you sure your not referring to micro/low stakes cash games? MTTs have like 10% rake, that's hardly ridic high. Structures tend to be good, very good if you game select, shit if you play live but lol at the idea of playing live MTTs for a living. Very very few people do it and most who do only start once they've had a big score I imagine.
Disadvantageous staking agreement/make up is really vague, not all staking agreements are bad. Most are if you play for a living but only up to/after a certain stage, they can still be very useful and if you agree to a bad staking deal you're an idiot. There's staking in cash games too with makeup so you know
Volatility is the main problem with MTTs but thats easily countered by just playing serious volume which you should be doing if you play cash.
There's a VERY select portion of the cash community who play ridic high stakes cash and basically just bum hunt fish either in funny games like Razz or heads up, but play lower than that and tables are just reggy and shit and boring. MTTs are ****ing awesome
try
www.razzledazzle.com for your online razz needs
