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Having the goal of making $200 per month. How much should I invest on my bankroll?

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wkretchi
Joined: 25.01.2017

Let's say I want to make just $200 per month playing poker cash games, how much I would need to have on my bankroll to make that amount without take too much risk?

And how much hands per day would be a good amount ?

Just for curiosity :f_eek:


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VorpalF2F
Joined: 02.09.2010

Hi wkretchi,
Let's figure that out working backwards.

You want $200/month
What stakes will you play?
let's make it easy: We'll assume you're playing NL 100, so big blinds are $1 each
If your winrate is 4BB/100 hands, you'll make 4 dollars every hundred hands, so you'll need to play 5000 hands per month to make your goal.
Since downswings are a fact of life in poker, you should have at the very minimum 50 buy-ins (more is better ) or 5,000

If you play at lower stakes, you'll need to play more hands, but you'll need a smaller bankroll.
If you have a higher winrate, fine (but don't forget the downswings)

If you want to make $200/month at NL 2
That is 200 / 0.02 = 10,000 bb won. At that that limit, you might be able to sustain 10BB/100, so 100,000 hands per month.
4 zoom tables is about 500 hands per hour that would make for 200 hours of poker a month.
There are easier ways to make $200


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mkBISCUIT
Joined: 19.01.2018
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EmiyaKiritsugu
Joined: 13.08.2013

Well, you shouldnt have any profit expectations. Play, learn and climb stakes. With some dedication you should be able to climb in few months to nl16/nl25 where making 200$ is not really hard thing to do.


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Zaratras
Joined: 03.01.2009

Originally posted by EmiyaKiritsugu
Well, you shouldnt have any profit expectations. Play, learn and climb stakes. With some dedication you should be able to climb in few months to nl16/nl25 where making 200$ is not really hard thing to do.

exactly this. In January when I started I was focussed on earning money.
Now I don't care about it, the focus on the play, how to approach it, study and improve.

poker is a marathon not a sprint


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AgapieGheorghe
Joined: 10.07.2011

I actualy use an Excel file to help me when i need to calculate something like this.

In column A we have the BB/100 from 6 up to 12bb/100. ( Ofc you can modify this if your winrate is higher ).
In column B we have the hands we play every day.
In column C we have the profit we get with that specific winrate and the specific hands we play every day.
In Column D we have the ammount of hands we need to play to get our financial goal.


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VorpalF2F
Joined: 02.09.2010

Originally posted by AgapieGheorghe
I actualy use an Excel file to help me when i need to calculate something like this.

Brilliant!

I've added a similar sheet to my performance tracker

Cheers,
VS


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akku84
Joined: 09.07.2017

I need to make some extra money, but I’m currently in university and don’t have the time to commit to a regular job. I’m looking for flexible ways to earn that fit around my studies. Any suggestions?


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Meister65
Joined: 17.07.2007

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A site like Skinomat guarantees that you'll get instant payment for your Steam items, making it a fast and convenient option. This way, you can turn unused virtual items into real money without much effort. Check it out here: https://cashyeah.com/


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