888poker XL Blizzard
888poker
New poker experience at 888poker

Join now to get $88 FREE (no deposit needed)

Join now
PokerStars
Double your first deposit up to $400

New players can use bonus code 'STARS400'

Join now
partypoker
partypoker Cashback

Get up to 40% back every week!

Join now
Unibet
€200 progressive bonus

+ a FREE Unibet Open Qualifier ticket

Join now

WATCH: How Much Do Poker Players REALLY Have?

  • Katie CallahanKatie Callahan
Sharelines
  • .@DougPolkPoker discusses how much poker players make and how much they have after tournaments.

Doug Polk takes to YouTube to take on the “tricky subject” that is money in poker. Polk said in the description that earnings in news articles and on websites only reflect multi-table tournaments and don’t account for losses, so some players can appear to be broke while others make millions.

Polk breaks this down and shares how much some online players are making in a variety of games. He said that if you’re trying to make money, online tournaments may be your least effective option. He goes on to say that mid-stakes grinders make around $150K to $200K (possibly, more reasonably $130K after rakeback).

High-stakes poker players have a tougher time, with the best making around $1.5 to $2 million a year because there are less hands, tougher competition and less money to go around.

He gives "OTB_RedBaron" as an example and says that he may only make about $5 to $10 million in the last three to four years. He said it’s safe to say most online players in mid-to-high stakes come in between $0 and $1 million.

Either way, the top players aren’t making what it seems.

From there he delves into a full analysis of why playing poker is so expensive and how you can make more money in the world of live poker (despite all the hurdles and vices that accompany the poker lifestyle).

Related Players

Other Stories

What do you think?