Not that im doing it but the majority of people doing what you describe are playing high stakes limit poker...not tournys , not no-limit and at stakes id say of 15/30 and above.....there are exceptions for sure but most of those have a rather high variance...the steady income grind it out types are playing straight limit.. i would think they AVG no more than 4 tables at a time.
there are those that play SNG'S, there are those that play tournys, there are those like our own Matt who play it all and at 10 tables at a time but these are rare exceptions....your best bet is to find 1 groove and stay in it..
there are those that play SNG'S, there are those that play tournys, there are those like our own Matt who play it all and at 10 tables at a time but these are rare exceptions....your best bet is to find 1 groove and stay in it..
As PPP said, I play a wide variety of limits/games. Commonly at night, I'd be playing in 1 or 2 $100+ multi tables, 1 20/40 full, 1 5/10 full, 2-4 3-6 6 max, and sometimes I"ll have a 15-30 full going, 10-20, I just look for good games mainly. If a spot a bad player at 30-60, then I'll sit in that game. My bankroll is big enough to play pretty high limits, which is why when I saw 2 bad players in a 50-100 game, I sat down and played til they got up. I rolled by the way. I can guarantee you there arent many players who sit at 50-100, beat it up, then come down to playing a bunch of 3-6 6 max. But part of my play at 3-6 6 max is to improve my overall limit game. I'll also play $105 Heads up sngs, $210 heads up sngs, and $109 10 person sngs. Basically I am all over the place.
While there are those who who specialize in sit & goes and tournaments, the varience is too high to count on a steady income for most. You could go months without cashing big in a tourney. And sit & goes can be pretty streaky too.
Live no limit games require more of your attention than limit and are therefore harder to play multi-table.
The name of the game for making a steady income is playing a lot of hours, and multi-table. The easiest way to do that is playing limit. It's a lot easier to play on auto-pilot in limit than in no-limit, which you will often find yourself doing playing multi-table for hours on end.
If you play three tables at a time at 15/30 and can average $30 per hour per table, that's $90 per hour. If you play three hours a day for four days a week and play 48 weeks a year, @ $90 per hour you will exceed $50k. Just realize that you will need a few thousand hours to know your win rate for sure (because of variance). Even with that win rate you will find yourself having losing months.
What Matt said about looking for bad players is a good idea and adds to your bottom line. I've done it myself. But it's more of a B&M tactic than an online tactic. The problem online is that the really bad players go broke quickly. And on sites like Party, it may be hard to get in a game with really bad players--everyone tries to get in them. But not to worry, most, and I mean most, players in the games up to 20/40 are pretty bad.
Live no limit games require more of your attention than limit and are therefore harder to play multi-table.
The name of the game for making a steady income is playing a lot of hours, and multi-table. The easiest way to do that is playing limit. It's a lot easier to play on auto-pilot in limit than in no-limit, which you will often find yourself doing playing multi-table for hours on end.
If you play three tables at a time at 15/30 and can average $30 per hour per table, that's $90 per hour. If you play three hours a day for four days a week and play 48 weeks a year, @ $90 per hour you will exceed $50k. Just realize that you will need a few thousand hours to know your win rate for sure (because of variance). Even with that win rate you will find yourself having losing months.
What Matt said about looking for bad players is a good idea and adds to your bottom line. I've done it myself. But it's more of a B&M tactic than an online tactic. The problem online is that the really bad players go broke quickly. And on sites like Party, it may be hard to get in a game with really bad players--everyone tries to get in them. But not to worry, most, and I mean most, players in the games up to 20/40 are pretty bad.
