Living and deciding with poor and flawed assumptions is living dangerously. If you are dreaming to become a full time poker player using faulty premises can lead to a life of misery. You just cannot project the number of hours you want to play, plan how you will move up the stakes, take into account your possible expenses, and count the winnings even before it is there. Things will not always go in your favor and there will be days when you will have bad beats.
What you can get from flawed premises are only flawed conclusions. You need to research well to know the realistic win rates and not overestimate. If you want to make poker your living, you need to ask yourself a ton of questions. How much can you win? What is your skill level? What are your realistic goals? You can make more money as you improve your game and adjust your poker strategy along the way plus the spread of skills between you and the other players.
If you want to know the hourly rate that you can get as a full time poker player, you need to consider about 2,000 hours of poker. That is as good as a year of playing poker. It gets pretty complicated because you need to factor in the limits and the kind of game. There will be different hourly rates for Omaha, hold’em, and stud. You need to consider if you will be playing different games, varying limits, among others.
The problem is that you will not be playing the same kind of poker after you have played about a few hundred or a thousand hours. In short, determining your hourly rate is pretty complicated.
Basing it on analysis of poker experts, it is realistic to grab about $35 to $125 per hour if you are playing in a game of $10 to 20 thru $80 to $160 and that’s if you are a daily, focused, top-performing, hard-working poker player. This is a lot when you look at it closely and a lot of players who think they are winning in that level are not even close to it.
Poker is not an easy way of making a living. You have to start with the right premises and go thru a complicated mathematics to see your odds of making a living out of the game.
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