Many people are familiar with professional poker players on televised poker tournaments.
Those players are stars who seem to earn millions each year. However, there are many more players who aren't as recognizable, and few are able to make a full-time living on the poker circuit.
The average player does not take home millions, and must keep his insurance bankroll and win rate at a certain level to make a modest yearly income.
A professional poker player's pay is determined by his performance, so it's difficult to establish an exact average annual salary. The average poker player needs to have enough in his bankroll to serve as insurance against large losses.
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The consensus on how much a professional player should keep in his bankroll ranges from to 2, times the how much money does the average poker player make blind. With a high bankroll, a player can safely play at tables requiring higher blinds and have a better chance at earning more money than players at tables with smaller blinds.
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A player's win rate is expressed as the number of big blinds he wins over the course of hands of poker. Regardless of the monetary amount of the cattlemens livestock auction blind, a professional player aims to win the equivalent of at least six big blinds over hands.
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An excellent win rate is 10 big blinds per hands. Professional poker players are responsible for finding their own gambling opportunities.Can You Make Money Playing Poker?
Unless the player has sponsorship help, part of his salary goes to expenses like the tournament buy-in cost. The buy-in amount is fairly proportional to the amount the player can win.
The player could also be responsible for travel expenses. Home Money Budget How Much Money Does the Average Poker Professional Make?
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