Is it possible for a player to make a living from poker with almost no money? Well that depends on the player and how good they are. The answer to the question is "yes" but that comes down to how good the player is and not how much they have has a bankroll.
A strong NLHE player will be able to use a 20 buy in bankroll at say NL50 which is only $1000. Even a mediocre winning reg who won say $5/100 hands would make $15/hour plus rakeback and sign up bonuses.
Adding rakeback and sign up bonuses would add another $5/hour and so a mediocre winning player could make $20/hour. For a 50 hour working week then this equates to $1000/week and $50,000/year. This is not the kind of money to make you rich but we are talking about money that at least 99% of the online poker playing population couldn't earn.
In fact there is no way that even 1% of the playing population were earning $50,000+. With a global poker population of around 50 million then 1% is 500,000 people. So if 500,000 people were taking $50,000 or more from the economy then the entire online industry couldn't sustain those losses. That equates to $25 billion. I would be surprised if even one player in a thousand made $50k from playing online poker.
Carl "The Dean" Sampson plays poker at www.pokerstars.co.uk
A strong NLHE player will be able to use a 20 buy in bankroll at say NL50 which is only $1000. Even a mediocre winning reg who won say $5/100 hands would make $15/hour plus rakeback and sign up bonuses.
Adding rakeback and sign up bonuses would add another $5/hour and so a mediocre winning player could make $20/hour. For a 50 hour working week then this equates to $1000/week and $50,000/year. This is not the kind of money to make you rich but we are talking about money that at least 99% of the online poker playing population couldn't earn.
In fact there is no way that even 1% of the playing population were earning $50,000+. With a global poker population of around 50 million then 1% is 500,000 people. So if 500,000 people were taking $50,000 or more from the economy then the entire online industry couldn't sustain those losses. That equates to $25 billion. I would be surprised if even one player in a thousand made $50k from playing online poker.
Carl "The Dean" Sampson plays poker at www.pokerstars.co.uk
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