Deadspin article: "Why you'll never make a living playing live poker tournaments."

Deadspin article: "Why you'll never make a living playing live poker tournaments."

interested to see what the community thinks of this article, which was published today:

http://regressing.deadspin.com/why-its-h...

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19 February 2014 at 08:38 PM
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FWIW a $500 buyin tournament can still net you $15000-$25000 so these guys will play in buyins that small live action. Boski was playing in a $10 tournament on ACR with me last week.


by Ebay1 k

FWIW a $500 buyin tournament can still net you $15000-$25000 so these guys will play in buyins that small live action. Boski was playing in a $10 tournament on ACR with me last week.

Boski has been playing $11 and $6.6 mtts weekly for the last 10 years


by super_dave31 k

Yes but If you were Phil Ivey right now you could hang up your tournament career and never play again and your 3.75 mill up.

Of course we know this won't happen and hell prob degen it away. But just saying...

.


amazing bump


Cliffs.


by Tuma k

Cliffs.

Spoiler
Show

LOL donkaments


by Tuma k

Cliffs.

You'll never make a living playing live poker tournaments


by rickroll k

kessler definitely has income coming outside of poker or just has a lot saved up

doing what he does gives him notoriety - look, there's a freakin thread that's derailed to him

he's a known entity in the poker world despite being a loser player

he would not get this kind of social recognition if he just spent his days at a golf course

same exact reason why so many people who don't need money are happy to run small businesses which themselves may not even be profitable

so you can introduce yourself at

I assume he's easy clearing 70-120k in poker over the year and that's his main income and the fact has been grinding since the 90s i assume he has comps all over


by the pleasure k

I assume he's easy clearing 70-120k in poker over the year and that's his main income and the fact has been grinding since the 90s i assume he has comps all over

he doesn't play much cash and he's been losing in tournaments for at least a decade.


by the pleasure k

I assume he's easy clearing 70-120k in poker over the year and that's his main income and the fact has been grinding since the 90s i assume he has comps all over

https://x.com/chainsawtracker

in a casual glance, it doesn't look like he's had a winning year in over a decade


Makes sense Kessler would become a big topic within this thread as he's probably the best example we have of what it would look like if someone grinded these things constantly for a long time


by rickroll k

https://x.com/chainsawtracker

in a casual glance, it doesn't look like he's had a winning year in over a decade

Instafollowed


by Tuma k

Cliffs.

The Deadspin article "Why You'll Never Make A Living Playing Live Poker Tournaments" by Darrel Plant discusses the financial challenges faced by professional poker players focusing on live tournaments. The article highlights that more than two-thirds of top players at the World Series of Poker (WSOP) likely incur annual losses. Among the minority who do profit, approximately five out of six owe their profitability to a single large cash win. This underscores the reliance on infrequent significant payouts to offset consistent losses. Additionally, the article points out that the limited availability of smaller events with higher median payouts makes it difficult for players with a 25% return on investment to sustain a decent living

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