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New and beginning poker players often ask how much people are making playing poker for a living, Poker Pro Phil Galfond explains you the win rates!
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There are plenty of people making a living playing poker and even more playing poker recreationally. How much do the poker pros make and how do we estimate win rates for everyone else?
It’s actually quite easy to estimate your win rate in dollars once you understand how to estimate your win rate in big blinds won per hundred hands.
If you’re playing live poker, whether it’s low stakes or high stakes in the Bellagio private room, you might have a better idea of what your win rate is per hour than per hundred hands. Phil lets us know in the video how to do the math there.
Are you a new poker player or a poker beginner? Do you just need the best poker strategy or do you have a high stakes poker related question you’d like a poker professional’s advice on? Leave a comment and your question might end up in the next one of these quick poker tips videos!
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Source: YouTube
Haha, you forgot to mention 90% lose.
There are no professional 1-2 live poker players, no matter what they tell you. At least not in the United States
A winning player at a good live poker game would beat the game for at least 15bb/hr. A winning player in a bad live poker game would beat the game for at least 3-5bb/hr. I'd say avg 1/2 winners win at ~10bb/hr (or roughly 30bb/100) and 2/5 at 7-8bb/hr (or roughly 20-25bb/100). Or roughly $20/hr at 1/2 and $35 at 2/5. Of course, this is assuming 100bb stacks and decent rake structure. If deeper stacks with a fair rake (i.e. less than $7), then winrates can skyrocket.
The issue isn't how much can poker players make, its "how much should a player make to decide if they should go full time with all the downsides of turning pro". These days, in 2023, I'd say one has to earn twice as much at the poker tables minimum to not look towards a "real" job/career (i.e. if you make $30/hr, full time player looking at $60,000 a year.. and you have an option of taking a job that pays $45,000 you should take the "real" job and play poker on the side).
Right now, looking online, one gets roughly ~100 hands an hour playing at a 6max table (this is low-end hands per hour). Assume one's win-rate is 3bb/100, that's 3bb/hr at that table. If one is playing 100NL (50c/$1) 6 tabling, and they are getting ~600 hands per hour, they are roughly earning ~$18/hr.
The correct answer is there is no salary for a poker player, a salary (at least where I'm from) is defined as a fixed sum of income that you receive for said job, pretty much no matter how many hours you work, this is not the same as an hourly rate. In poker, no two games are the same, and no two days are the same, so you can look back and say "oh on average I made x that year". But you dont have a salary, here is one simple way to prove that…try to go to the bank and get credit on the bb/100 rate you have at 1/2, let me know how that works out chief 😅 anyway better get back to work they paying me a salary after all 🤧
Phil put poker philosophy(donk paly) back on , that's culture
you can't just remove it cause you think is outdated
bro do the right thing
Live win rates are way higher
Guess I'll just go to my job lol.
This kind of breakdown could cure my gambling addiction. Im just trying to stack some drunk guy getting out of line with all his extra $. Make basically nothing all week, Friday Saturday make $500 bucks a night @1/2 just playing the nuts and taking 7 to 1 odds because noone can find a fold button at these stakes.
Man looking at it this way is depressing when ya factor in time stress and the swings for $10-$30 hr lol