How Much Money Do Poker Players REALLY Have?
HTML-код
- Опубликовано: 3 июн 2024
- Money in poker can a tricky subject. The earnings you see reported in news articles and ranking websites only apply to MTTs, and don't account for losses. Some players that appear to be balling out of control could very well be broke, while other players can make millions behind the scenes. Doug shares his unique perspective on money in poker and what players like Dan Bilzerian are really making these days.
Check out Doug's new (non-poker) RUclips channel: / @dougpolkcrypto
FOLLOW DOUG:
Snapchat ► / wcgrider
Twitter ► / dougpolkpoker
Instagram ► / dougpolkpoker
Facebook ► / dougpolkpoker
Twitch ► / dougpolkpoker
#GrindNation
Hi I’m Doug Polk, I like poker, and my hair is a triangle
lmao
Hahaha
and I never play I just talk about it on RUclips.
Tom Yazel He doesn’t even like poker anymore.
Is that his hair or an implied dunce cap?
What i like about these vids are they aren't edited to death. Don't change your format Doug and thanks for sharing good knowledge.
Billy Bolox Its pretty impressive how long he can talk without an edit
Did you guys ever heard heard about a Telepromter? Look at Obama and find out. Doug even is looking at a Monitor right in front of him. This is not free spoken. Like him thuogh.
+Freak F The thing is Doug is looking straight into the camera so the odds of him using a strict script is basically zero. He just knows what he's talking about.
daeg awdaeg Thats right were he is looking while playing, right?
what are you guys talking..
Love the roasting of Bilzerian. Long overdue.
+wildchild Vasquez
there's always some cringy dumbass like you who defends other dumbasses
HAVE U SEEN BILZERIAN PLAY???
There aren't too many youtubers that I'll sit and watch talk for 25 minutes.. but I just watched 3 of these in a row. Very informative. Great video man.
I laughed as hell when you started making fun of Dan's interview and google :D
great job, Doug!
Thanks Ivan! I enjoyed that bit a lot, I get in there on the comedy whenever I can :D
cool, WCGRider ;)
btw I'm looking for a job as a poker coach for microstakes :D
zing! :D
Rewatched this cause of the recent podcast, even funnier now.
@@DougPolkPoker You positive Danny boy didn't just hustle private games like a MF boss? I mean maybe the money still owed from Paul is pure coincidence... sorry GREAT BIT!
Really appreciate the video Doug, interesting stuff! I'm a teacher for a job and play some poker on the side. I don't do bad but couldn't very well live on a net of $400 a month now can I? My job pays all expenses and allows me to save a bit so I mostly just play poker for the joy of the game. And the profit (somewhat consistently $4000-5000 a year) goes to a fantastic holiday over the summer and a romantic weekend around the Xmas time.
I used to envy players that just make crazy stacks (i don't have the highstakes experience like you do, obv) but the more I learn, the more I'm okay with where I've settled in here. Play poker for as long as it's fun and burn off the profits in the sun =D
Have a good one Doug, and whoever else reads this!
I'm at -£2500, hoping to hit zero in the near future!
Good luck dude, that actually makes you more rich than many of my friends from college
Thanks Doug. It's nice to hear this from my second favourite poker player after Paul Phua.
Phua phor lyfe!
just go higher stakes if it gets close. thank me later
hahaha, im up 17$ i feel like a boss now !
Net worth between 10,000 and 100 million huh? I KNEW IT!!! GOTCHA NOW
Something I've always wondered about, keep them coming Doug! :D
What about Tom 'durr' dwan. How much does he make a year working as a dungeon slave for the triad?
Heron Myer According to Forbes he has a net worth of 10 Million Dollars.
forbes is full of shit. only dwan knows how much he really has. but since he's risen to be a leader of the triad he must make around 1mil a month these days. word on the street is, he's very likely to become the next president of the philipines...
Too bizarre to believe he's with a gang
Rumor has it that many things are done under the table, and I leave that open to your imagination
Maybe Durr is doing other "services" for the Triad....Pulp Fiction kind of stuff.....always looked to be that type
Doug, i'm a fan of urs and follow ur channel for some time now and i gotta say, not only u give great insight on poker hands and players thoughts but man.... u really crack me up sometimes!! Awesome work! Keep it up!
Thanks for keeping it real Doug. Puts things into perspective even outside of poker for me. Kudos!
2:42 I assume you meant million (billion would be cool though)? Great vid btw!
Awesome videos!! Absolutely love them!
Best regards from Spain
+Experimentar En Casa Thanks! Much appreciated man, keep crushing on YT
Thats a lot of subscribers
I gotta say that I always thought Doug was sort of a noninteresting person watching him play poker, but after watching his videos I love the way he communicates. SHOUT OUT TO POLK!
Great video! Thanks for the insides. Nice to see that someone from the "inner circle" actually has the polkers to speak about it.
I just love it when people mention Dan Bilzerian as one of the greatest poker players... Hey, you! Come sit at my table!
A mate of mine actually said exactly that to me just last week... However.... my mate doesn't play himself and got his "information" listening to Bull-zerian bragging on various non-poker podcasts and chat shows. He just wanted to join in a conversation some friends and I were having about poker and that was the only name he knew.
We explained to him how DB is like one of these arseholes you see nowadays who inherits a shit load of cash from his daddy then uses it to convince total morons he's some kind of financial genius, rather than the tacky, self promoting narcissist clown on an ego trip he really is, in order to exploit them for his own gain and maybe get to live a nice house in Washington for 4 to 8 years before they realise what a dick he really is..... You know the type.
CaffeineAddictTV Shhhh...don't wake the fish.
Dan Bilzerian talking shit about phil ivey in poker is like me talking shit about Lebron in b ball...stick to being an extra in movies and spending your dads money.
show me ONE PERSON tht has said DAN BILZERIAN is one of thee greatest poker players. lol , ILL WAIT
Bilzerian claims he made his fortune in poker and yet, nobody heard of him until he was playing high stakes games (oh...and his daddy is rich! LOL). Whatever.
Vintage Doug polk. A little heavier than he is recently, and his hair has a ton of hair gel to make that volcano! Luv u buddy
man its great seeing someone fill the poker content gap. i always felt there was a huge opportunity for great content focused around in depth poker commentary and its great seing you do it so well =)
i know its a little meaningless coming from some faceless internet prick but keep it up man. your content is multi mil viewcount quality, and if you keep it up thats eventually going to pay its dividends.
Thank you for sharing an realistic opinion on poker players and playing poker in general Doug!I agree most of them and i thought like that even before poker players started mentioning the hole truth.Because the truth its not only that u can see, a good knowledge in poker and a healthy mentality brings the same thought u has mentioned in the video.Hope u will continue being honest and realistic so the players can know what kind of risks have to pass by playing poker
love your videos man. a tiny request, whenever you make a video that talk about so many numbers, will be cool to have some tiny box on the screen, white box, or something that you can put there the numbers you talking about. yes a bit more edit, but I think it will be worth it.
you having trouble with English?
Dan got his money from his papa and doesnt want to admit it cuz of his big ego.
and probably because if he admitted it the govt would have a claim to it from his dad's illegal dealings.
He can't admit it because the money is from his father's fraud.
The whole "pro poker" angle was probably just set up as a way to launder stolen money.
Leggo My Ego He can admit it all he wants. He just doesn't want to be considered a trust fund baby.
Alexander If he admits it, he would lose the money.
Doug very well said, I have been bankrolling several pros for the last 10 yrs or so and I must say I have done extremely well! I been quite lucky although most of my winning came through my decisions on who to use, what game or buy in. No names mentioned but you know as well as I do there are many pro's who couldn't afford a cup of coffee!
Bankroll and money management is the key! Just like any other business you have to keep your overhead down! Excellent video Doug and happy to see you being honest on what the real world of Poker is really about! So many young bucks think its easy and its far from that! Times have changed, players are different, computers and websites along with Live Poker games (Seeing hands & action) have changed the game!
This is not my real screen name, I am certain you know me but that doesn't matter, Keep up the good work Doug!
Great info! Thanks for sharing. Very detailed perspective on this topic.
Liking before I watched as we know Doug always puts out the good stuff.
:D Much appreciated bro
np
smaakmakend
A player is just like poker itself: Lots of variance. Everyone has their own path and own sequence of events they go through.
Just recently subscribed here and on Twitch. Keep up the awesome work! Appreciate all that you do for the poker community. PUT YOUR DONGERS UP!
Your videos are really getting great! Keep it up bro!
Doug's broke. I knew the micros would get him.
You mean the rake.
+slavmart but more rake is better!?
I lost my shit laughing when you said "And I'm a fucking astronaut". The delivery was pure gold.
Epic video Doug! Sound advice about BR management in poker and life in general.
I especially like the Dan Bilzerian bit... it just makes sense that he got it from his fam!
Legit as always man! Great video! Props!
I'm finding the micro stakes to be pretty easy to beat.
Although, the profit is very slim.
Doug, Wikipedia says that in your early days you were a "breakeven rakeback pro". Did you ever feel back then like poker wasn't for you, you found hard to motivate yourself to grind and learn? And what was the turning point that made you the player you are today?
Trias00 HGH and scotch. Just kidding. Seriously, intelligence, discipline and hard work. They’ll serve you well in all endeavors.
One of the most informative and interesting videos ever on poker.
It answers a question I had of how a player can lose a cool million dollars in a high stakes televised cash game. You would need to be fantastically wealthy to drop that and walk away nonchalant *_or as I now understand have a team backers_*
Awesome videos man. Subscribed!
Hahaha epic ending Doug !!! Nice !!!
I just LOVE the sense of humour!
Respect! Many organizations and players hide this subject to attract more players
Awesome content Doug, honestly man you're an idol.
Very few poker player are as down to earth as you are.. Great having you around..
Lol with that said, a nice way to shatter my 2017 goals with this video. Guess i wont have to purchase the lab after all, as the future doesn't seem that bright.
I dont want to be a millionaire.. but the MTTs aren't getting easier.
Is there any hope realistic hope in the "Dream".. And by that i mean doing well for yourself ?! Not fake DAN money..
LOVE you dude, no(homo)
The real question is how much is Binx worth? Three fiddy?
∞
Doug Polk the new Tai Lopez? Here in my garage, just bought this new Lamborghini here.
I am a long time subscriber and I'm seeing a Doug Polk ad for a Doug Polk video.
Hahaha. By far the best content on RUclips! Good work! Gonna resubscribe on Twitch now that ur past the &1 SNGs
Watch out there, we are always a poor session away from getting back in the $1 sng streets.
Hi i really enjoyed today's video. (keep up the daily uploads btw). At the end of the video you talked about how most people obviously lose or break even. It would be nice if you made a video about how to get to the top/good or how you got so 1337 at the game. Just a video suggestion, don't kill me for asking, plz i don't wanna die ):
Richest online cash game players are probably PLO players. Ben, Jeans, Sauce to name a few.
Jeans and Sauce both made 5M according to highstakesdb. Now that's not all of their volume, but let's just go by that number. Ben86 made probably a little bit more since he has been on top for a long time at PLO cash.
Can't imagine NLHE cash players putting in much more volume than that honestly and win rates were probably smaller.
Saying OTB made 5-10M is quite ambitious. It's closer to 5 than 10 honestly. Same for someone like Trueteller, who is a true NLHE cash grinder.
Dream machines running strong
Gus Hansen disliked this video
Adam K bwahahahha
Fintan111 I..
18 million in debt
Jake DeLucca how the hell did he go 18 mil in debt?
I should have reworded. He went on a tilt and lost a ton of money, in the proximity of 18 million, was never 18 mill in debt per se, as he's a fantastic player and made quite a lot of money over his career. His tilt was what led him to take time away from poker. He explains in this article/interview a lot better than I could!
www.pokernews.com/news/2016/11/interview-gus-hansen-reenters-the-gambling-world-26234.htm
Doug, I appreciate your honesty + your adherence to transparency, it makes a refreshing change to the usual stale + mouldy cheese poker vids
Preach Brother. Straight talk from a professional who does not B.S., at least not outside of the poker table. Thank you for your insight from experience and hard work. P.S., are the sound panels just for your podcasts, or do you make some jams as well? Be blessed.
The part about Dan Bilzerian was so funny, I wish I could like this video more.
Yo Doug, what is crossbooking?
hahah that bilzerian bit killed me. keep up the good work dude!
Thank you for sharing realistic information about the poker life.
Dan Balzerian is not a poker player, he is simply using it as a cover to spend his father's hidden millions.
in Montenegro the costs of living for a poker player are very low...
i like your Videos Doug. i wonna know more details and stuff about you espacially! your way throu stakes and bankroll etc etc..
good job!
Great video! Keep em comming.
"Sure Dan, and I"m a f'ing astronaut !" brilliant ... ;-)
Doug say hi to Katie and Binks for me !!!! You're the man !
hey doug great video😊..which is the next tournament u r planning to participate in??
I just posted a feed on Facebook asking for a stake in the main event, I dont deserve it but I want it!! Lol
Great video as always
Here in canada poker is considered gambling and we don't pay taxes on gambling, could some players live in canada while they play to avoid paying them?
Nazim living in Canada won't help them, Canadian citizens don't pay tax on gambling winnings. Americans living in Canada temporarily still pay taxes in the USA.
Ryan Miller But let's say an american buys a house in canada for residency and gets a visa to work there wouldn't it help?
Even in Canada if you are a professional and poker is your main source of income then the cra comes knocking.
Americans are subject to US taxes wherever they live in the world. If you want to avoid them you need to get citizenship somewhere else and renounce your US citizenship.
It is the "windfall tax rule" in Canada but it does not apply if your primary source of income is gambling.
I was half expecting this video to be about 10 seconds long... "Poker players have, on average, about... tree-fiddy." End of vid. :)
Damn bro, I wasted hours FOR NO REASON
Jared Grey tree-fiddy!! lawdy! Why you givin that spirit tree-fiddy, woman?!
great video . you had me cracking up at the end
Happy someone gives the straight up real shit! The days of poker being profitable job are over, but it will always be a great weekend side hustle! Great vid!
"Sure Dan, and I'm a fucking astronaut." i lost it
OTB the best player ? - but but Dan made his money from stuff and poker and yeah stuff you know
Eisfeld Z lmao
4:05 just showing the result without saying a word, beautiful.
Would of been cool to get an idea of what people that play mid-high stakes live make. Like the 5/10 - 25/50 range
Doug Polk just made a video on this exact subject
Shoutout to Jeans who had 100% of himself in the 1MM onedrop, yolo
How nuts was that for real.
I live in L.A. area in my opinion no body beats live low limit games because the rake is to high. (Excluding props) So I'm just pulling this number out of my a**. But would it be reasonable to say that out of all the players that play live games in L.A. and cover there own rake. That less than 1% win money or break even? 1 out of 10,000 make $30,000 to $50,000 a year? And 1 out of 100,000 make over $50,000 a year?
Fantastic Doug. You hear from time to time "disputes" between players from loans etc and many occasions I have seen this situation of players being a lot less liquid than one might think. Really appreciate your honesty is that 100 million USD? Thats impressive. Does that include the 30mil pot with Durrrrr>??
great video doug! showing de truth behind high stakes.
Doug is afraid to say Dwan's name.. ;)
Thats cuz Dwans gotten really into jiu jitsu lately ive heard
Rafapaz Doug mentioned how shady the Dwan/Jungleman challenge was on Dwans part. Watch the Paul Phua & Dwan video the 14k triads lost all credibility
Rafapaz Doug mentioned how shady the Dwan/Jungleman challenge was on Dwans part. Watch the Paul Phua & Dwan video the 14k triads lost all credibility
Marty Masters Marty struggles with the concept of irony..
You are correct sir. I find meaning in the struggle
What has been your best year of winnings Doug? I understand if you don't want to say.
Didn't really want to say, but it was between $500 and $5000000
***** I think they will be ok, there's money to be made online outside of poker, if they were smart enough to do really well in one field they will find their feet doing something else .
Joshua Truesdell yep
Murray Herts Of course, you’re right. The degen factor takes down many. I worked at Del Mar Racetrack thirty years ago and the successful players bet very few races but with larger amounts. A little bit apples and oranges comparison but discipline being the common theme. Degens end up in the same dark place by lying to themselves. I don’t have a psych degree but tracks and casinos are great places to observe behavior.
Doug. Your exactly right about the buy in. They never include that, even ten yrs ago I knee something was off.
This guy is always makin a movie off what starts out seeming like as an informational video, gotta love it lol
Doug it's okay... you're going to make it... if you use all 770 of your play chips to begin a battle back up to the nosebleeds you'll survive!
Richest players are the full tilt theives
The UB super user would like a word XD
Yo thanks Doug. Awesome content, mad funny as well
very interesting and entertaining thanks doug !
Lol Doug, you'll always have a job in stand-up when you tap out.
Doug, please answer! how much does Tom Dwan have?
Tree fiddy, aprox
TheSooraw
Somewhere between 10k and 100mil
"Tom dwan is probably worth 7figs or so in theory but not sure about his liquidity" - jungleman
somewhere around -20m$ plus expenses...
Love the daily content. Like the humour and pretty informative as well. Its changed my opinion of Doug from kind of a douche to a pretty funny guy. Looking forward to the next video tomorrow.
Well if I may... I don't know what the expenses are in US. but, I'm from Poland and f.e. at the moment to be a winning player you don't need to player higher than NL50 (where you still have the edge over other players) if you're making around 4bb/100 hands and playing around 1 mln hands / year you earn around $20.000 counting the denomination it's around 80.000 - 100.000 PLN. So it's between 6.500 - 8.500 PLN / month...
If you compare the earnings with our country avarage income around 4.000 PLN gross, you're quite good money... and the cost of living here aren't so big after all... f.e. to rent a flat in Warsaw, let's say 2 bed room 1 day room kitchen and bathroom, in a good location, you'll find one for around 3.000 - 5.000 PLN / month. If you would like to buy a flat like this, you need around 400.000 - 500.000 PLN... If, you'll be looking for a 2 room studio flat (bed room, dayroom opened to kitchen, bathroom) you can have one eaven for arounf 1.500 PLN - 2.000 PLN/ month. So in general, looking at the earnings in a perspective of US citizen, yeah the stakes are rigged and hard... but according to countries in cetral europe (Poland, Czech, Slovakia, Bulgaria, Romania, etc.) you're making quite good money eaven when you play only mid stakes... and still i didn't counted rakeback... :)...
But it is true, that if you want to be a well known poker pro, you still need to look at it your way :)... never the less great Vlog...
Jens Klyonnen. He had 100% of himself in a 1 million $ One Drop same year he made 7 million don't know how he's doing now
He's just pointing out the perception that all high stakes players are multi-millionaires isn't true.
it was because of taxes in Finland from winnings outside EU. By playing that tournament he avoided huge taxes.
Don't feel too bad, Doug. I went on a massive downswing in the 40¢ 10-max SNGs and have since been in makeup for, like, forever. Kappa
Dude, you might really need some help from DPyourcommunity.org
About Tree Fiddy ought to do it. :p :D ;)
Just check their stats on shark scope, lots of guys everywhere making money in tournaments. You're definitely correct in saying that most, do lose, but I think most of the people losing are because they simply can't commit the time that some doing it for a living does. If you're doing it for a living the variance becomes a massive edge vs the come and go players which definitely make up the field. I think if you commit to it as your job and you have some good discipline, esp when it comes to managing your bankroll, playing within your means, and correcting tilts, you're going to make money playing tournaments in the long, you just need the odd top 3 or 4 that comes along with hot runs of cards.
thanks for all the great videos
if i leave in Colorado, what website for online poker did you recommend.?
18:26 "they fail, because, you know... math."
Doug i think u forgot one important thing... sponsors? You calculated all the expanses and so on but many PROs have some kind of sponsor for some of the income. So what do u think about that??
These deals beyond suck nowadays from the little I know unless you are one of the few big names.
Doug can you do a video about staking? Recommendations, warnings, pros n cons etc. enlighten the low stakes grinders 😎
This is very good insight on the high stakes scene.
Jamie Gold is a good example. Pretty much lost everything.
WoundrousMindTrick it was 10 years ago?? It feels like it was only 8 years ago
These comments only feel like they’re 6 months old has it already been a year???
@@lancemcclure6017 That's a good one!
so polk how much money do you really have? :P
bout three fiddy
a couple mill according to jungleman. I mean not that hard to estimate anyway.
great video Doug. would be interesting to hear your thoughts on net worth of some of the big guys like Ivey, Negreanu and Hellmuth, both how much you think they made through playing poker and endorsements (I know this would be pure speculation).
one of the best videos from doug ! :)
do u know the real Name if otb redbaron
It's not Tom Dwan
Adz 124
I lol'd!
Tom Dwan is "durr" not him
Keyser Soze
Dan Bilzerian 👀
If ever make 100k a year playing poker. I will be a happy man
You think you will until your there. A lot wants more😉
Seems like income is a pretty taboo subject, and not one many people want to talk about. Thanks for the insight, really enjoyed your perspective on all this.
Fun vid Doug, gained a new follower :)