CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH

unknown_username

In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH:

The .25/.5 cash tables on this site have more variance than the .5/1 tbls.  Persosnally I beleive that there are more people playing for fun at this level and are not to bothered about losing 20 or 30 quid or even 50 quid.  I agree with deadluck and ajs as they both have solid arguments.  I also agree with benny and elsa - who can argue with the experience they have.  But playing live turneys for a living is completely different to multi tabling cash games online.  Can you make profit week in week out? - Yes of course you can, but you can't if your playing for fun.  You have to adopt strict brm discipline as stated by deadluck.   I beleive you also have to be able to multi table with out losing focus. I am no expert but these are the same comments I hear again and again from the analysts on sky, and read about in the poker magazines etc etc so those guys must know what they are talking about?
Posted by BIGSHANN

Nice post. Correct me if I'm mistaken, but neither Benny or I have said you can't make a profit playing low level cash tables. Whether you can make a 'living' is another matter. The question of whether you can make a profit isn't disputed, we were merely pointing out that very few players succeed over the long term. For the majority of players playing within your limits and enjoying your poker is the smart approach.

Good bankroll management can take different forms too. I set a limit on my deposit maximum on all sites I play. I don't leave money in site accounts, I withdraw and have it in my account. I deposit daily if needed and play to my pre-set limit. Anything over £100 I withdraw in lumps of £100+  My daily limit is set at £25 max and that is how I manage my poker spend. When i win I enjoy it, when I lose it's no big deal.

The_Don90

id say i make a profit and spend it back on the tables.

Easiest way to make a profit IMO, QUIT WHILE IN PROFIT

unknown_username

    It's hard to explain sometimes just what relevance poker has to 'bankroll management' and gambling. I've read many articles about poker players, however only one book about poker, and I have no problem with and in fact it's a must, to have 'bankroll management' IF, and that's a big IF someone is a professional gambler..
 Anyone who thinks, they are going to make a living from playing poker needs to get their thinking right before they start... They have to pay for all household bills mortgage or rent, car plus any kids schooling or any other bill that comes through the letter box, so how much is that little lot going to be ?, "under pressure already" 
I could chat for hours, so if you think you can take the pressure let me point you to a book, it has nothing to do with poker but is called "A BLOODY GOOD WINNER", Life as a Professional gambler ! by Dave Nevison. It's about horse racing, also  I know Pro Gambler  'Harry Findley' he used to bet with my old Governor when I was working in the bookmaking credit office taking bets over the phone. 
Which reminds me of when I had to go to Windsor race track one summer evening to meet Harry who wanted to pay 7k, I got there in tee-shirt and tight jeans and a bomber jacket, never thinking he would pay in cash....sigh !! I was standing next to the 'cockle stand' when a voice boomed out over the crowded,,
"Barry ee arh  me ol son, got ya cash!!"  It was Harry waving 7k, all in 20's in the air.....where on my person was I going to put that lot ?  (lol ) We spent the next hour  having a drink and laugh about horses jockeys and gambling in general......
 
 The point I started out trying  to say is, like any other trade in poker or horse racing you have to lean and do the 'apprenticeship'...the thing about small bankrolls is it's fine if your using it for fun while holding a full time job, but don't think your going to make a living from poker with 1000 pounds as a bankroll, it wont happen ...
glk  Benny

freechips1

bennydip i havent said i want to make a living playing poker nor would i ever try. 
the money i make from playing is pocket money, all i wanted to no is can u make a profit playin 25/50 every wk, i no i can do it over a year or even 6 months but with such high variance i am unsure if any1 could say 'i can show a profit every wk'

unknown_username

 EVERY WEEK  ?  NO

scotty77

Every week?  No.

Over the course of a year?  Yes.

With rakeback, multi-tabling etc I would say its fairly easy to clear 500£/week on 50nl.

The best games tho are live cash games.  They are so easy its untrue.  Go to your local casino and clean up 90% of the players don't have a clue.

LadyFingrs

In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH:

In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH : This might not be what you wanted to hear but it's the truth, 99.9% of players lose money over time. A small number make a profit over a period of years. A lot will disagree but it stands to reason, if every player who says they make a profit did so, who supplies the money? Most players who say they are profitable are either in denial or don't keep records and are sadly mistaken.
Posted by elsadog

I would say around 20% of poker players win money.

Not 0.1%.

And yes, .25/.50 on this site (compared to .25/.50 on other sites) is very beatable, due to the vast # of people playing through thier TV.

DeuceAK_47

I know this is not the question but you can make a living at 0.25-0.50. If you are crushing a limit you should have a profit of 10bb per 100 hands. (multitabling 6 tables with extra screens and hud stats is quite easy after a while)

£5 (10bb winrate) times 6 (tables)= £30 times 8 (hours)= £240

Times 5 (one week)= £1200 times 48 (a year-4weeks holiday)= £57600 Tax free

Although most pros regard 1-2 nl as a proffesional level, some pros grind over 12 tables of nl.50 for decent money.