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wolfmmix
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03-27-2009, 04:56 PM
Post subject: Is a minimal monthly side income possible at NL2 and NL5?
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#1 (permalink)
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Join Date: Feb 2009
Posts: 21
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Hello all...
Maybe a dumb question but I'm curious anyway. Is it possible for a winning microstakes player to make say, $300-$500 per month playing at the lowest NLHE limits (NL2 or NL5)? If so, is it even practical?
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Stacks
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4-of-a-Kind
Join Date: Jan 2008
Location: Im opedipus bitch, the original balla.
Posts: 2,605
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$500 at 5nl is 100 buyins. If you play 100,000 hands and have a winrate of 5ptbb/100 (5BB/100 or 10bb/100... same thing), then you are making $500.
A winrate of 5ptbb/100 is relatively attainable at the micro-stakes and you can even get higher if you are decent. However, getting 100,000 hands per month is a different story. it's possible, but you have to figure you get around 60-75 hands per hour per table at a FR table. So you will need to play a good deal of tables for multiple hours per month.
So while it is attainable, it is relatively impractical. It will be alot of work for the $500, when you should just move up in stakes correctly. It's a whole lot less work to make $500 a month at 25nl-50nl than at 2nl-5nl. So when you get a chance, move up when possible.
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Schya
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Straight
Join Date: Jan 2009
Posts: 129
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Why not start at micro then move up. and if you only want a few hundred a month, then stop at 25 or 50 nl??
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flomo
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Full House
Join Date: Mar 2006
Location: mashing potatoes
Posts: 878
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NO
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Quote:
Originally Posted by bigred
Protect dog
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AFchung
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Full House
Join Date: Feb 2008
Location: UCLA
Posts: 1,179
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no. i'd wait for 25NL before trying for any type of income at all
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I waited until NL25 before withdrawing ANYTHING
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Airles™
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Flush
Join Date: Jan 2009
Posts: 317
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Technically yes, it's possible. But why would you want to? Good grief. If I had to play 100k hands per month I'd shoot myself. I love the game, but let's get real.
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Quote:
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Originally Posted by Carroters
The solution to getting 1 outered is a simple one. We just need to find the site that is the least rigged.
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Micro2Macro
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Moderator
Join Date: Jan 2009
Location: http://three-pair.com/
Posts: 4,463
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Quote:
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Originally Posted by AFchung
no. i'd wait for 25NL before trying for any type of income at all
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This
Quote:
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Originally Posted by iopq
I waited until NL25 before withdrawing ANYTHING
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And this
Both really good points in my opinion. You won't be making enough $/hour to make cashing out at anything less than 25NL worth it.
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"Once we reach a certain level of mastery, we see there are higher levels and challenges. If we are disciplined and patient, we proceed. At each higher level, new pleasures and insights await us--ones not even suspected when we started out. We can take this as far as we want--in any human activity there is always a higher level to which we can aspire."
Check out my blog here!
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http://www.philgalfond.com/lets-make-some-changes/
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dranger7070
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4-of-a-Kind
Join Date: Oct 2008
Location: Wake up in the mornin feelin' like P. Diddy
Posts: 2,524
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WAT!?!!?!?! I CASHED OUT WHILE I WAS GRINDING TEH 2ENELS!!!!! PISS thats y it took me so long :/
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AFchung
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Full House
Join Date: Feb 2008
Location: UCLA
Posts: 1,179
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Quote:
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Originally Posted by dranger7070
WAT!?!!?!?! I CASHED OUT WHILE I WAS GRINDING TEH 2ENELS!!!!! PISS thats y it took me so long :/
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gotta pay for those cheeseburgers somehow
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KeeKoLy
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Join Date: Mar 2009
Posts: 78
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While possible, you would be living in a tent and playing poker 24/7....IMO.
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Ragnar4
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Full House
Join Date: Sep 2005
Location: Billings, Montana
Posts: 1,284
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hey. there are reasonable justifications for withdrawing your 5nl roll.
Like if your wife says: The only way you can go to vegas is if you use your p-stars money to offset some of the gambling/hookers/stripclub action.
cha-ching. Cash out.
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The older I get, the more I start wondering; Just what in the hell is going on here?
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bigspenda73
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Straight Flush
Join Date: Jul 2006
Location: Pwnsylvania
Posts: 7,546
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solid month at 5NL - couple dances at the club
solid month at 10NL - dances all night long
solid month at 25NL - couple hours in the VIP room
solid month at 50NL - night in the VIP+accompanying drug test
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LawDude
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Full House
Join Date: Feb 2009
Posts: 940
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Quote:
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Originally Posted by bigspenda73
solid month at 5NL - couple dances at the club
solid month at 10NL - dances all night long
solid month at 25NL - couple hours in the VIP room
solid month at 50NL - night in the VIP+accompanying drug test
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Good times, spenda.
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Monsieur_chat
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Flush
Join Date: Dec 2008
Location: London
Posts: 254
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Quote:
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Originally Posted by bigspenda73
solid month at 5NL - couple dances at the club
solid month at 10NL - dances all night long
solid month at 25NL - couple hours in the VIP room
solid month at 50NL - night in the VIP+accompanying drug test
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Just a regular Saturday night imo.
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wolfmmix
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Join Date: Feb 2009
Posts: 21
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My goal is to continue to progress as my bankroll permits but was hoping a decent side income was possible at these levels while I was grinding through them. Thanks everyone.
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TheLongGrind
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Straight
Join Date: Oct 2010
Location: Belgium
Posts: 248
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most retarded thread i've seen on this forum , or close to it
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Penneywize
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Full House
Join Date: Jan 2005
Posts: 885
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Quote:
Originally Posted by TheLongGrind
most retarded thread i've seen on this forum , or close to it
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Then why, pray tell, did you decide to bump it?
Genius.
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StarGrinder
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Full House
Join Date: Jul 2010
Location: UTG (aka USA)
Posts: 683
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LOL Epic bump by an epic dumb ass. Oh shit, now I bumped it. 
Why is it that this pud can link to his blog with the same affiliate deals as FTR?
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spoonitnow
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Straight Flush
Join Date: Sep 2005
Location: IRC Chat Room
Posts: 5,406
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Quote:
Originally Posted by TheLongGrind
most retarded thread i've seen on this forum , or close to it
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Great bump.
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Quote:
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Originally Posted by Ripptyde
I only have 2 simple rules when I am coaching a new student.
Rule # 1: don't ask questions
Rule # 2: don't ask questions
I have no interest in discussing strategy with a protege'. Your job is to remain quiet and listen. I have a very systematic approach that I will share with the right candidate and I promise that I will turn you into a force of nature and show you elements of the game of poker that you never knew existed.
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Penneywize
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Full House
Join Date: Jan 2005
Posts: 885
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Quote:
Originally Posted by spoonitnow
Great bump.
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not sure if srs?
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spoonitnow
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Straight Flush
Join Date: Sep 2005
Location: IRC Chat Room
Posts: 5,406
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{Locked}
Quote:
Originally Posted by Penneywize
not sure if srs?
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Shit I forgot to lock. Nah I was being sarcastic as hell.
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Quote:
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Originally Posted by Ripptyde
I only have 2 simple rules when I am coaching a new student.
Rule # 1: don't ask questions
Rule # 2: don't ask questions
I have no interest in discussing strategy with a protege'. Your job is to remain quiet and listen. I have a very systematic approach that I will share with the right candidate and I promise that I will turn you into a force of nature and show you elements of the game of poker that you never knew existed.
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