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does anyone make a profit on sky poker

wingwizardwingwizard Member Posts: 140
edited January 2011 in Poker Chat
Sky poker!!! Win win win for them
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  • wingwizardwingwizard Member Posts: 140
    edited January 2011
    Hi iv been playing for a while on sky ,i qualify for sats regular ,have cashed in a few small comps ,iv been graffting my bottom of all wkend to no avail .Im level board in my bankroll over the wkend,but want to make a profit .Iv played at the cash tables but cant get established any advice or evidence its possible to make good money ? 
  • YOUNG_GUNYOUNG_GUN Member Posts: 8,948
    edited January 2011
    lol look at the higher stakes players on here and plenty of people winning consistently, not myself but in answer to your question yes
  • GaryQQQGaryQQQ Member Posts: 6,804
    edited January 2011
    Yep, loads of people. You can look up most players MTT/STT results on Sharkscope (google it). Many are doing better than the figure shown there because it doesn't include cash-for-points, satellite entries and free entries.
  • shaun09shaun09 Member Posts: 1,606
    edited January 2011
    Im up in profit wiiiiiiiii Got no money to play with atm tho lol :D
  • gaza559gaza559 Member Posts: 49
    edited January 2011
    Thread title made me LOL. 
  • loonytoonsloonytoons Member Posts: 4,270
    edited January 2011

    This is only a guess, but presuming at low levels, medium levels and high levels, you get roughly the same percentage of winners/losers/break eveners, i would reckon the following would not be a million miles off.
    10% sky profit.
    30% of players make a regular loss, some large some not so large.
    30% of players roughly break even give or take each month.
    30% of players make a regular profit, some large, some not so large.

  • thejudge10thejudge10 Member Posts: 465
    edited January 2011
    only been playing on here for about 5 months,but due to winning a good tourny im well in profit
  • J-HartiganJ-Hartigan Member Posts: 2,756
    edited January 2011
    No money in poker.  Everyone solid.

  • spornybolspornybol Member Posts: 8,212
    edited January 2011
    i have to make a deposit once a month when i poker misses !!!
  • shaun09shaun09 Member Posts: 1,606
    edited January 2011
    A few clicks are your done yeh?

    Edit. You can deposit fast But takes you few days to withdraw ;)
  • spornybolspornybol Member Posts: 8,212
    edited January 2011
    In Response to Re: does anyone make a profit on sky poker:
    A few clicks are your done yeh? Edit. You can deposit fast But takes you few days to withdraw ;)
    Posted by shaun09
     at my age it takes me longer to deposit,
  • cottladcottlad Member Posts: 439
    edited January 2011
    In Response to Re: does anyone make a profit on sky poker:
    No money in poker.  Everyone solid.
    Posted by J-Hartigan
    Getin that way now..... remember them saying 4 years ago approx 5% of players made a profit.... i disagreed somewhat and thought it was nearer 10%
    These days i guess it's nearer 1-2%

    Know a lot of cash players who are grinding mtt's now and doing ok
  • loonytoonsloonytoons Member Posts: 4,270
    edited January 2011
    In Response to Re: does anyone make a profit on sky poker:
    In Response to Re: does anyone make a profit on sky poker : Getin that way now..... remember them saying 4 years ago approx 5% of players made a profit.... i disagreed somewhat and thought it was nearer 10% These days i guess it's nearer 1-2% Know a lot of cash players who are grinding mtt's now and doing ok
    Posted by cottlad
    how can this be possible? If the house takes 10% rake, that leaves 90% for all the punters to chase, surely the 90% of prize money isn't divided between 1% or 2% of the players?
  • mattyd86mattyd86 Member Posts: 15
    edited January 2011
    Cash games are where the real money is :)
  • GaryQQQGaryQQQ Member Posts: 6,804
    edited January 2011
    Go to the FAQ at Sharkscope and you'll easily find a long article on this topic. According to their stats 31% of STT/MTT players who've played at least 100 games at Sky Poker are profitable.
  • loonytoonsloonytoons Member Posts: 4,270
    edited January 2011
    In Response to Re: does anyone make a profit on sky poker:
    Go to the FAQ at Sharkscope and you'll easily find a long article on this topic. According to their stats 31% of STT/MTT players who've played at least 100 games at Sky Poker are profitable.
    Posted by GaryQQQ
    thats about what my guess was, i know it was a guess but some are saying 5% or even 1%, how is this possible?
  • LOL_RAISELOL_RAISE Member Posts: 2,188
    edited January 2011
    "if the house takes 10% rake."

    this does not mean that the sites take 10% of the net deposits. money is recycled between players bankrolls and tiny bits of rake are taken at a time, over a long period this adds upto a huuuuuuuuuge some of money.
     i think />$1billion for one major site alone every year in net profit, not just income.

    i remember hearing alot that approx 2% are winning players i always thought it was probbaly a bit higher as its not hard to win at micro/low stakes with not too much effort put in but i guess you get alot of people who only play a few times a month lose X amount of money and wait til their next paycheck so i imagine it is < 5% are winners. i dont think this includes rakeback pros though.
  • loonytoonsloonytoons Member Posts: 4,270
    edited January 2011
    In Response to Re: does anyone make a profit on sky poker:
    "if the house takes 10% rake." this does not mean that the sites take 10% of the net deposits. money is recycled between players bankrolls and tiny bits of rake are taken at a time, over a long period this adds upto a huuuuuuuuuge some of money.  i think />$1billion for one major site alone every year in net profit, not just income. i remember hearing alot that approx 2% are winning players i always thought it was probbaly a bit higher as its not hard to win at micro/low stakes with not too much effort put in but i guess you get alot of people who only play a few times a month lose X amount of money and wait til their next paycheck so i imagine it is < 5% are winners. i dont think this includes rakeback pros though.
    Posted by LOL_RAISE
    i still dont believe its lower than at least 20%, i mean i make a steady profit and im no where near that good, i would consider myself only average, so loads more must be in profit, i just cannot believe that 98% of the players here are losers.
  • FlashFlushFlashFlush Member Posts: 4,494
    edited January 2011
    I think the 5% comes from when the top players are playing each other over and over. You often hear the top HU players saying they don't play certain players because there is little or no edge, so the house always wins.

    If players play below their level then they will win more. For example I recently made the move from 50nl to 100nl. I found it very hard to make a consistant profit and was relying on rakeback, as 100nl is full of regular grinders and there is little value. I have now moved back to 50nl and making good profits again. My point is on a 6 seater full of regular grinders of a similar ability only 1 may consistantly make a profit, the others may rely on rakeback with 1 or 2 making a steady loss.... Sometimes less is more.
  • harding10harding10 Member Posts: 849
    edited January 2011
    In Response to does anyone make a profit on sky poker:
    Hi iv been playing for a while on sky ,i qualify for sats regular ,have cashed in a few small comps ,iv been graffting my bottom of all wkend to no avail .Im level board in my bankroll over the wkend,but want to make a profit .Iv played at the cash tables but cant get established any advice or evidence its possible to make good money ? 
    Posted by wingwizard
    Try to establish a base somewhere at the bottom end where you can make small, steady profits. If not cash then maybe lower stakes DYM's. Then build up levels from there.

    If you're struggling to do that then you're probably going to struggle in tournaments where you've satellited in and are up against more of the better players.
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