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Are there players who make a living from online tournaments? Yes, there are players who make a lot of money in online tournaments. There are stats available, let’s see how they do it.

The first statistic that sticks out is how many tournaments many of these top players play. Here is an example that isn’t that unusual for a top player.

In one poker room alone, in one year our player played in over 2,200 tournaments. His average buy in was $175. With a 52% return on investment (ROI), he made over $200,000!

Even if he plays every day, this still means he’d have to play over six tournaments a day. This means he plays multiple tables at once. This is normal for most of these top earners.

Playing multiple tables is very common for highly skilled online players. One of the main reasons this is done is it can drastically increase your hourly rate of return. Another good reason to play multiple tables is to keep boredom from creeping into your play.

The top players don’t get paid as often as you would think. They cash about 15% of the time. So, cashing is not the key. What these players do better than the average Joe?

They will take the risks, earlier in the tournament, to get a big stack that could get them a win. The top players understand that barely cashing isn’t big a deal. Getting into the final spots once in a while is how you profit.

Are you a winning player? This can be hard to know until you have enough tournament data. Once you have played tons of tournaments you will see the real you. One big win or a streak of bad beats will throw your result way off.

Once you know your basic ROI stats, you can start to control how much you make. If you are a 100% ROI player, and you invest $400 in tournament play, you will profit $400 a day, on average.

The stats tell us that most top tournament players play a lot of tournaments. The exception might be an occasional high stakes player. And, in spite of such a high volume of play, they keep a decent ROI of at least 50%.

If you feel like you can beat the MTTs, make sure you study up on bank roll management, The ability to play won’t help you if you blow your roll. You can’t escape the fact that there will be losing streaks that you’ll need to ride out.

Tags: Online Games

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