Originally posted by canniballsy
Hey so I was guessing what is the average monthly earnings of NL5 and NL10 who is multi-tabling playing with 100BB account to? Please feel free to share your thoughts or you can share your own earnings if you want to. I only ask because I want to know.
Thanks
Yep, "it depends"
Just do the math:
Total earnings equals:
#hands x winrate
30K hands per month
5 bb/100
NL 10
300 x 5 x 0.10 = 150$
Variance, though, will mean that in any given month, you could lose overall, or
be up $500
And what is your true "win rate"?
How can you even tell?
A person's game changes over time as they improve, so it is not a static thing.
You can't even take all the poker players and average their winnings, either -- since all taken in, the average would mean they lose the rake.
There is a discussion of the math over in jb's blog, starting about here:
Midlife Crisis? What Midlife Crisis?
But having said all that, I won $13 last month in 10K hands, but there was some NL 2, NL 4 and NL 5 in that.
Do you count the rakeback/bonus?
Enjoy,
--VS