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by: CraigEdwards
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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.

First thing we see is that these guys play a lot of tournaments. One player, who made $200,000 on one site in one year of play, was in over 2,200 tournaments. He averaged paying $175 per event. His return on investment was 52%.

If he plays something like five days a week, he has to play over eight tournaments a day. You have to multi table to get this done. So, these players are playing a few games at the same time.

One benefit by playing such a high volume is that your good and bad luck evens out faster. If you play through a 30 tournament losing streak in three days, it is much less frustrating than doing it in fifteen or twenty days. The swing is the same but it seems shorter because a good result comes sooner.

If you can learn to play more than one table you get a couple of benefits. First you can make more money per hour if you can play successfully on more tables. Also, you are less tempted to make mistakes due to boredom. With four or more table going, there is always something going on.

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.

The short term ups and downs of MTT events are fairly long in cycling through. A big win or a gaggle of bad beats will distort you results. With enough tournaments, this balances out.

When you have a lot of tournaments, a thousand (or more) maybe, you can start to trust the numbers. Then you have a good idea of what you can expect. You can to some accuracy predict what your income can be, if things stay the same.

The main things we are that these top MTT earners play high volume, and keep a good ROI. The ROI is at least 50% and might be 200% and higher in certain rare cases. The guys who play a ridiculous amount of tournaments will have the lower ROI numbers.

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.

About the Author

The man with the most wins in the wsop is phil hellmuth. He broke a three-way tie with chan and brunson, at ten apiece, with a win in 2007 to take the lead. One other record he still holds is that of the youngest winner of the main event, at age twenty four. They call him "the poker brat", and his attitude at the tables often back this name up. poker cheating software

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