All Categories› Poker Chat

You need to be logged in to your Sky Poker account above to post discussions and comments.

You might need to refresh your page afterwards.

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

freechips1freechips1 Member Posts: 861
edited November 2009 in Poker Chat

I have only been playing on sky for less than 3 months and have shown a nice profit so far.
last night all was well, i was bout £100 up between my 6 tables then a horror 20 mins seen me go from +100 to -150.
AA x2, KK and QQ killed me (all by junk).  What i would like to know is, can u show a profit wk in wk out playing such low stakes with such a high variance

· Share on Twitter
«1

Comments

  • UrdadiUrdadi Member Posts: 297
    edited November 2009

    I don't think so. The vast majority of poker players don't end up in profit.

    I am at the moment but don't expect it to last the year.

    My approach is I only play what I can afford to lose. It is a bit of fun, not my job.

    · Share on Twitter
  • nirvana29nirvana29 Member Posts: 489
    edited November 2009
    god, terrable stuff.
    · Share on Twitter
  • ajs4385ajs4385 Member Posts: 455
    edited November 2009
    In Response to CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH:
    I have only been playing on sky for less than 3 months and have shown a nice profit so far. last night all was well, i was bout £100 up between my 6 tables then a horror 20 mins seen me go from +100 to -150. AA x2, KK and QQ killed me (all by junk).  What i would like to know is, can u show a profit wk in wk out playing such low stakes with such a high variance
    Posted by freechips1
    You can show a profit week in week out at any level, the lower the level the easier it is.
    · Share on Twitter
  • elsadogelsadog Member Posts: 5,677
    edited November 2009
    In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH:
    I don't think so. The vast majority of poker players don't end up in profit. I am at the moment but don't expect it to last the year. My approach is I only play what I can afford to lose. It is a bit of fun, not my job.
    Posted by Urdadi

    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.

    · Share on Twitter
  • phil12ukphil12uk Member Posts: 2,856
    edited November 2009
    You can definitely make profit. Hand slike u described are part and parcel of cash unfortunately - thats why people bang on about bankroll management so much all the time!!!
    · Share on Twitter
  • namesb0ndnamesb0nd Member Posts: 402
    edited November 2009
    yes of course you can,it takes patience obviously,but it can be done.
    · Share on Twitter
  • elsadogelsadog Member Posts: 5,677
    edited November 2009
    In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH:
    yes of course you can,it takes patience obviously,but it can be done.
    Posted by namesb0nd
    Yes it can be done, but I know paperboys who make more than most poker players for a lot less hours.
    · Share on Twitter
  • UrdadiUrdadi Member Posts: 297
    edited November 2009
    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 : Yes it can be done, but I know paperboys who make more than most poker players for a lot less hours.
    Posted by elsadog
    definately agree. I would't give up my day job based on my poker skills thats for sure.

    Tikay10 did a great overview on this subject earlier in the week. Someone was asking about managing bankroll and mentors etc and Tikay responded in detail.  Worth have a look for.
    · Share on Twitter
  • freechips1freechips1 Member Posts: 861
    edited November 2009
    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 do show a profit i am near 2k up in less than 3 months, the last site i played on i made a profit.
    all the hands i lost with in the 20 mins from hel l (wow it wont let me say h ell) i was a min of 70% fav when the money went in on 3 of them.  If i had been sat at a £1/2 table the hands that called me would of folded. is the variance alot higher at lower stakes like 25/50?
    · Share on Twitter
  • IRISHROVERIRISHROVER Member Posts: 7,606
    edited November 2009
    i am up over 7 k on sky ,

    secret is you got find the game thats suit your play and pocket ,

    and focus in on it ,

    mine is deepstack ,

    buy in a fiver,

    so you see it is possible .

    · Share on Twitter
  • elsadogelsadog Member Posts: 5,677
    edited November 2009
    You asked the question and I answered with what I have seen over the 6 years I've played online poker. I could rattle off scores of players who were good poker players and thought they could make a living at it. They have disappeared over the years. I know players who have literally lost their house, and yet they were on the whole good players. Of  all the players I knew from 6 years ago all but a handful have disappeared. Those who are still successful were not good players they were exceptionally good players. There are numerous professional players who have gone bust over the years too. The best online tournament players in the world have a long term win percentage of 12-15%. Low stake cash sees a high turnover of players, but the more lucrative higher stakes games are much more competitive and are often just the same money being recycled around the tables, minus the rake.

    I don't wish to spoil the aspirations of anyone who thinks they are good enough to make living playing poker, but the reality is that a huge percentage who try, fail.
    · Share on Twitter
  • elsadogelsadog Member Posts: 5,677
    edited November 2009
    In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH:
    i am up over 7 k on sky , secret is you got find the game thats suit your play and pocket , and focus in on it , mind is deepstack , buy in a fiver, so you see it is possible .
    Posted by IRISHROVER

    Great results Irish.

    In 2005/6 I had mtt winnings of $240,000......In 2007 I couldn't hit a bulls **** with a frying pan. Nothing is certain in poker.
    · Share on Twitter
  • freechips1freechips1 Member Posts: 861
    edited November 2009
    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 : Great results Irish. In 2005/6 I had mtt winnings of $240,000......In 2007 I couldn't hit a bulls **** with a frying pan. Nothing is certain in poker.
    Posted by elsadog
    how on earth did u manage that? was it one big win?
    · Share on Twitter
  • UrdadiUrdadi Member Posts: 297
    edited November 2009
    In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH:
    i am up over 7 k on sky , secret is you got find the game thats suit your play and pocket , and focus in on it , mind is deepstack , buy in a fiver, so you see it is possible .
    Posted by IRISHROVER
    hats off to you Irishrover, I switch between cash and tournament. I know the style of play is different in both. I am thinking of concentrating on just one type. What do you suggest? My preference is tournaments.
    · Share on Twitter
  • DeadluckDeadluck Member Posts: 521
    edited November 2009
    People can make a living off 25/50 with a 4-5ptbb/100 so yes is the answer.

    Use strict BRM, 30BI for a new stake is safe and if u plan on cashing out I'd be keeping 50BI in there plus reserves for downswings.
    · Share on Twitter
  • elsadogelsadog Member Posts: 5,677
    edited November 2009
    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 : how on earth did u manage that? was it one big win?
    Posted by freechips1
    No, the biggest win was $16500, but I played 3 or 4 mtts a night and had a high hit rate in cashes and final tabled 1 in 10. Stakes were in the range of $20 - $200. The majority of the winnings came from the nightly $7,500 and $5,000 mtts which attracted relatively small fields of 300-400.

    That's not that impressive btw, there are lots of players doing far better, but as a percentage of all players they are less than 1%.
    · Share on Twitter
  • bennydip2bennydip2 Member Posts: 2,093
    edited November 2009
    Great thread and really good insight from 'elsadog' of the long term ....I probably have been playing this poker longer than most, and like 'elsadog' said, some players hit it big (live and online) ...
      I also have seem so many players on two sites previous to this with a forum, who were  "The New Young Gun's"..and like Vegas itself, their 'dreams' went with whatever winnings had come their  way..
     My advice to anyone playing poker for fun and with a chance to win a tournament is this,
    "If you win it,   "Spend it" !!!  ..buy  a house , a car, a new coat for your lady, a new laptop, anything !!!    Just don't get thinking you've cracked the game and you'll use your win as a 'bankroll' to become a 'Pro'....99.99% of players who go down this road these days are destined to fail .

    My reasoning is this: Back in the day before the inter-net, yes there were games that if you knew where to find them and you knew the players, with the right attitude and the ability to grind the profit would come....

    Now I'm fully aware there are a lot of very good players who have been making massive amounts online, but as ive said before, overall ..with the amount of people who play online throughout the world, or if you like in the UK alone... the people who make a "LIVING" from the game would be less than 100th of a 1% ...  However,   Live poker that  % could be more, because I do know a   few players who still don't play online ..but make a steady profit in the big cash games....
    Ultimately  I would never say never, to anyone who has 'The Dream'..!! The Live game is a fabulous place to be, as for online ?   I'll stick to having fun and if I find a Hi Lo Omaha game that looks like it could get emotional, Ive been known to sit for an hour ...  :)  glk
    · Share on Twitter
  • epwbepwb Member Posts: 173
    edited November 2009

    great post bennydip2,ive read somewhere that only 5% of players are winning players.totally agree spend your winnings dont keep them in your bank roll to fritter away .very sad to see people who have won apacket ,only to end up blowing the lot with nothing to show for it 

    · Share on Twitter
  • nagromnagrom Member Posts: 198
    edited November 2009
    Making money at cash is a real grind but as long as you manage your bankroll properly you will struggle to lose money even if you only have an average skill level. What I would say to the op is he needs at least 1K to play safely at those stakes.
    · Share on Twitter
  • freechips1freechips1 Member Posts: 861
    edited November 2009
    bankroll is not a issue i started my sky account with £200 i have withdrawn £1000 and still have near £1000 om my account.
       i have seen pro players saying its not possible to show a profit playing low stakes (rake and variance), and i dont care what any1 says variance is higher at lower stakes.  I am a self imployed builder and this year has not been all that well and the extra income has come in handy
    i would like to thank everyone for your comments
    · Share on Twitter
Sign In or Register to comment.