High Stakes Poker Player Paychecks
The top poker players in the US earn more which than many athletes. When you count their poker earnings, advertising deals, book deals and additional sources of earnings, poker players hold one of the highest paid careers there is. Bear in mind we’re just referring to big name professionals, though. There are many other players who make a few thousand a month and technically count as “professional.”
There’s no single method to know precisely how much money the best poker players make. You can check their records on the internet for noteable tournament wins but those records only describe a part of the story. For every major finish you see listed under a professional’s name, there are many other poker tournaments that player participated in but didn’t place. With many tournaments costing nearly $10,000 per entry, it doesn’t take much time for those entry costs to add up.
On top of that, those stats only include live tournaments. There are high stakes poker professionals out there who quietly earn millions of dollars per year participating in untelevised cash games. It’s even more difficult to track these peoples’ wins because cash tables don’t have exact, published payouts. Internet poker makes it even more convoluted because online wins aren’t available at any one resource.
The good news is that we have a pretty reasonable indication of how much some of the best poker players earn. Some major online poker professionals keep in depth websites and are entirely honest about how much they earn every month. Many of the most skilled online cash game professionals make 6 figures a month. These players can make anything from $5 million or more in a single year.
As far as the big name poker players on TV are concerned, it’s hard telling exactly how much money they earn. Their star position helps them earn a great deal of which outside poker. If we consider their endorsements, contracts and other activities, they almost certainly bring in five to ten million dollars per year. This all only conjecture, though, until a professional announces to us exactly how much he makes.
Professionals like Phil Hellmuth get endorsement contracts to speak for poker sites such as Ultimate Bet. As a part of Team UB, Phil Hellmuth makes a ton of additional money without even having to sit at the poker games.
If you plan on becoming a pro, know that these numbers are simply referring to the top pros in the business. I’m not saying it’s impossible, but I’m just letting you know that poker is not a simple way to earn a lot of money. Just like every other competitive endeavor, poker necessitates an amazing work ethic. If you’re prepared to do the work, though, there is plenty of money to be earned.
Speaking of money, make sure you check out Ultimate Bet for a huge poker bonus. Whether you’re a recreational player or professional, an additional $1100 is always a good thing. All you need to do is type in the Ultimate Bet bonus code when you create an account at UB.
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