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The best way to make profit??

robbie1992robbie1992 Member Posts: 725
edited May 2012 in Poker Chat
Hello everyone,

Iv been thinking about different games and sng and other options and i cant work out how u are meant to make money.  sng's r poor, as for example you play 2 5.50 dym at the same time and dont win both you still make a loss. Cash games are supposidly where the best players are so you dont really want to have to work that hard for your money and tournaments are okay but your constantly have to finish in the top 1-10 in order to make a decent profit.  So whats best and why ??
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Comments

  • devonfish5devonfish5 Member Posts: 4,291
    edited May 2012

    hi robbie,
    tbh,
    i,ve no idea.
    think u have 2 work out which format suits you & your game best.
    as u say cash is tough,but thats the way it is,all the best players play it,as u say.
    as 4 dym,s.yes win 1 lose 1 is no good,
    u need to win 55% or higher at lower levels just 2 break even.
    tournies?very hit & miss.could go days /weeks with no real good cash.
    whatever you choose,just enjoy it m8.
    what could help you decide is the ammounts of cash 4 points return that you get
    for each discipline,as that will guarantee you a return each month.
    ie;i,ve been playing dym,s all week and although i am only level from playing them
    i have already built up 855 c4p,so if i keep it up all month,
    i will earn at least £24/£36+ from them alone.
    best of luck m8
    :-)
    devon

  • GaryQQQGaryQQQ Member Posts: 6,804
    edited May 2012
    If there was an easy answer we'd all be doing it. It actually varies from player to player. Cash, STTs and MTTs all have slightly different skill sets. I'd suggest experimenting with the three different formats and see which suits you best. Enjoyment is a big factor; you're far more likely to suceed in a game you enjoy.

    Personally I revel in the battle of an MTT whereas I find cash games tedious. Unsurprisingly all my best results have come from MTTs, I'm barely break-even in cash.

    Good luck to you. 
  • iLoveToastiLoveToast Member Posts: 24
    edited May 2012
    In Response to The best way to make profit??:
    you dont really want to have to work that hard for your money
    Posted by robbie1992
    lol. sums up the mindset of players here.
  • sikassikas Member Posts: 857
    edited May 2012
    theres no money in poker, everyones solid
  • rancidrancid Member Posts: 5,947
    edited May 2012
    In Response to Re: The best way to make profit??:
    theres no money in poker, Sikas has won it all
    Posted by sikas
  • robbie1992robbie1992 Member Posts: 725
    edited May 2012
    In Response to Re: The best way to make profit??:
    In Response to The best way to make profit?? : lol. sums up the mindset of players here.
    Posted by iLoveToast
    So u went on a post just to write that you sad guy.  For people that are tryin to help i mean it as you want the easiest way not the hardest way, idiot.
  • robbie1992robbie1992 Member Posts: 725
    edited May 2012
    In Response to Re: The best way to make profit??:
    In Response to Re: The best way to make profit?? : So u went on a post just to write that you sad guy.  For people that are tryin to help i mean it as you want the easiest way not the hardest way, idiot.
    Posted by robbie1992
    cheers for all the advice everyone, i would still prob say it MTT then even tho its a valid point you could go a while without a win but when you do play well this will show the most profit i suppose.  So true with the cash games, never found them interesting really
  • Lambert180Lambert180 Member Posts: 12,197
    edited May 2012
    As people have said, it really depends on your playing style and your personality. But there is NO easy way to win money at poker... if there was an easy way to make money, then everybody would be doing it.

    MTTs are certainly not the easiest and many would say that MTTs are probably the hardest way to grind out a living, that's why almost all pros ffund MTTs through cash games and other formats.
  • PipunchPipunch Member Posts: 516
    edited May 2012
    I think what the guy with the 'mindset' comment was trying to say is, if you want to make money at this you have to put in the hours of study to improve your game. You will NOT make money long term without this, however good you think you are. I'm decent but the leaks in my game outweigh my strengths so i struggle to break even.
  • TINTINTINTIN Member Posts: 1,612
    edited May 2012

    imo cash is where the steadier profits can be made,

    whatever you play, to make a profit you have to put the hours in, be it playing or learning from other sources

  • DazlerDazler Member Posts: 3,970
    edited May 2012

    i play sit n goes, dym, cash and mtts and mix it up if im doing well in one ill stick with that. Mtts are great if you are any good and although its harder to win one when you do it gives you a lot of buy ins for the others formats to make a proftit and grind up a bigger profit, then you can play a few more mtts aswell. Stick to a strickt br and play with what you are comfortable in losing. If your any good you will win some. If your lucky you will win some, if your ul well thats poker and if your bad at poker give it up and try something else. Nothing is certain all you can do is try your best, learn and try and improve.

  • robbie1992robbie1992 Member Posts: 725
    edited May 2012
    yeah iv played long enough to no its not easy for sure but even if i was good i sruggle to think what would be the best option.  Thanks for the advice tho iv spent hours lately trying to improve but im still struggling :( at least im determined though lol i wont give up till imconsistantly making money, even if its a low amount.  Thanks for all the advice everyone
  • mickgil75mickgil75 Member Posts: 328
    edited May 2012
                        i play mtts,s,n,g, cash now and then,roulette and back alot of horses,but u will gets ur self loads of money if u have a good job like myself.imo gambling is a laff. lol.and its all luck,....
  • iLoveToastiLoveToast Member Posts: 24
    edited May 2012
    maybe i came across abrupt, for that I apologise. The truth is, this isnt 2006 anymore. I play for a living, and have done for the last year. My game is only now at a level where I am confident enough in my edge over most regs. Making any profit in this game these days is hard. Study away from the table, talking with other poker players etc. If i had to give one piece of advice, although i dont think i am allowed to mention other sites on here, 2+2.  That place will open the door to you understanding the real concepts of this game.
  • DazlerDazler Member Posts: 3,970
    edited May 2012
    In Response to Re: The best way to make profit??:
    mtts are not that hard aslong u avoid the big buy ins and main events thats where u get the regs playing but £5.50 or less mtts u can esily build a roll up regs dnt play the lesser buy in mtts robbie 
    Posted by IDONKCALLU
    says who lol i play in them and i see plenty of otheres who do too. What about the DTD on mondays and fridays its full of regs.
  • FabraclassFabraclass Member Posts: 117
    edited May 2012
    In Response to The best way to make profit??:
    Hello everyone, Iv been thinking about different games and sng and other options and i cant work out how u are meant to make money.  sng's r poor, as for example you play 2 5.50 dym at the same time and dont win both you still make a loss. Cash games are supposidly where the best players are so you dont really want to have to work that hard for your money and tournaments are okay but your constantly have to finish in the top 1-10 in order to make a decent profit.  So whats best and why ??
    Posted by robbie1992
    Given equal degrees of competence in MTTs, SNGs, and cash, cash will be the best avenue to use, in looking to make a profit from poker. Provided who study the game hard, have a lot of experience playing cash, have an in depth understanding of the game, have good information on your opponents, and select your tables carefully.

    I would always recommend people looking to make a profit from poker, focus almost all their energies on mastering cash. Two reasons for this are as follows.

    1 You can table select in cash games. Impossible to do this in MTTs, and more difficult in SNG's. Although you said that the best players will be found playing cash, and that is by and large true, you can avoid these players. If you see a lot of multitablers playing on a table, just look for another table.

    2 The blinds never go up in cash games. Any time the blinds increase in poker the skill level diminishes(and therefore any edge) and the luck factor and the variance increases.

    What you are looking to do in poker is find players you are significantly better then, and play against them in a format that will maximise your edge. This will give yoiu the best chance of overcoming rake and being profitable. Cash is the best vehicle to facilitate this.

    I would suggest spending a lot of time watching cash training videos, thinking about how to play hands better, then begin playing the lowest stakes cash games. If you are profitable at this cash game stakes, after two or three months of playing, say 20 hours a week, then move up to the next stakes, as long as you have built up a bankroll of at least 50 buyins for those stakes

    An added benefit of playing cash is that variance will be far far less than MTT's. A winning cash player will have more winning sessions then losing sessions. A winning MTT player will have a ratio of 4 losing MTTs to 1 profitable MTT, at best.If you feel that you are better then 90% of the field in an MTT and will only get a profitable return on your investment 1 in 5 times, at best. This can be frustrating, demoralising, confidence shattering, and tilt provoking. Also it is very hard to get an accurate gauge as to whether you will be a long term profitable player in MTT's.

    GL.
  • GELDYGELDY Member Posts: 5,203
    edited May 2012
    In Response to Re: The best way to make profit??:
    Any time the blinds increase in poker the skill level diminishes(and therefore any edge) and the luck factor and the variance increases.
    Posted by Fabraclass

    spoken like a true cash player - yes the variance increases - but it is an additional skill you need in playing MTTs which is to be able to adjust your play to the size of the stacks in relation to the blinds. The required skill level increases - but so do the bad beats.

    but - point taken - that no matter your skill level, you and the rest of the table have to be playing less than premium hands which increases your liklihood of going out, regardless of your skill or cards dealt. If this tilts you, or you can't get the hang of short-stacked play, then stay away from mtts. If however you are happy to take it on the chin, you might find mtts the most fun way to play - I certainly do - but even then playing cash to finance your mtts when going through a downswing is standard practice for many mtt players.
  • FabraclassFabraclass Member Posts: 117
    edited May 2012
    In Response to Re: The best way to make profit??:
    In Response to Re: The best way to make profit?? : spoken like a true cash player - yes the variance increases - but it is an additional skill you need in playing MTTs which is to be able to adjust your play to the size of the stacks in relation to the blinds. The required skill level increases - but so do the bad beats. but - point taken - that no matter your skill level, you and the rest of the table have to be playing less than premium hands which increases your liklihood of going out, regardless of your skill or cards dealt. If this tilts you, or you can't get the hang of short-stacked play, then stay away from mtts. If however you are happy to take it on the chin, you might find mtts the most fun way to play - I certainly do - but even then playing cash to finance your mtts when going through a downswing is standard practice for many mtt players.
    Posted by GELDY
    Yeah mate your right, their definitely is a lot of skill in playing stacks of various sizes in MTT''s. It is important to acknowledge and appreciate this. I did'nt mean to undervalue the skill in MTT's. I just think the edges in cash are far bigger., and therefore people looking for an income stream from poker,should focus the vast majority of the energies trying to improve at cash. I think the skill's in the late stages of MTT's in particular are far easier to teach and learn, and these two factors combined with shallow stacks, result in very little edge.

    GL.
  • GELDYGELDY Member Posts: 5,203
    edited May 2012
    In Response to Re: The best way to make profit??:
    In Response to Re: The best way to make profit?? : Yeah mate your right, their definitely is a lot of skill in playing stacks of various sizes in MTT''s. It is important to acknowledge and appreciate this. I did'nt mean to undervalue the skill in MTT's. I just think the edges in cash are far bigger., and therefore people looking for an income stream from poker,should focus the vast majority of the energies trying to improve at cash. I think the skill's in the late stages of MTT's in particular are far easier to teach and learn, and these two factors combined with shallow stacks, result in very little edge. GL.
    Posted by Fabraclass

    and it is through playing cash that I am still improving my MTT play, not the other way round, which would also back up your argument to focus more on cash
  • Jeronimo7Jeronimo7 Member Posts: 120
    edited May 2012
    Think patience is a big factor bro, untill your first big win it can be very frustrating, take comfort in the fact that regardless of what people say, we have all been there. My first 3 months of playing online i went bust atleast once a fortnight and dumped alot of money. My only regret is that i learnt the hard way, would have saved alot of money if i had used my noggin and learnt from other peoples mistakes/shortcomings instead of my own.

    Play in your comfort zone, if you feel intimidated by the players or uncomfortable with losing that much money - Dont buy-in! Fear of losing money WILL negatively effect your game!

    Keep it small to start with, build up your roll slowly (This is alot easier if you are enjoying yourself!)
    Sitting there with one table on your screen and nothing else will also make taking it slow very hard, multi-table - watch some clips on youtube - watch the Sky channel online (VERY educational sometimes)
    Need to find the balance, you dont want to have so much going on that you are distracting but you dont wanna be playing J9os OOP because your bored.

    Once your playing with profit it becomes alot easier, however, dont expect to be rolling around in a hummer anytime soon, its a slow process and you WILL still go bust/be in the red on a regular basis.
    Poker is gambling after all.

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