Winning poker players at stakes like NL2, NL5 and NL10 can expect to make around $100 - $500 per month. Winning poker players at higher stakes like NL25, NL50 and NL100 can make significantly more though, between $750 and $2000 per month. Rakeback and bonuses will often add hundreds of dollars more. Do TV Cash Poker Players Use their own money? I was watching cash poker on TV the other night, and I noticed a few things that don't seem right. The players seemed a whole lot looser than players I have watched in big cash games in casinos. Table selection was horrible. All the players.
I am not a gambler — at least in the truest sense of the word. Yes, I take risks in business, but these are highly calculated risks in which I have an ability to impact heavily through work ethic and dynamic adjustment methods. Even when I travel to Las Vegas with friends and business partners, I stick to the slot machines because I have figured out the probability based on consistent plays — so I always win. With that being said, there are actually people who earn a living playing poker. When I say earn a living, I mean a living that is beyond the earning status of 95 percent of the U.S. population. Poker is not only a game of skill, but it requires the ability to remain calm as to not tip your hand, as well as know how and when to bluff your opponents.
To give you some insight into just how lucrative professional poker is, we decided to list the 10 richest poker players in the world.
10. Joe Hachem – $12 Million
Joe Hachem was once a successful chiropractor until he found out that he could make substantially more money as a poker player. Actually, certain health conditions also played a role in Joe walking away from his practice. He has won a number of tournaments over the last decade including a $7.5 million purse from the World Series of Poker. He has amassed a net worth of $12 million.
9. Jamie Gold – $13 Million
Jamie is considered one of the most balanced players in the game. He can be very aggressive at times and then switch to a conservative posture with little to no effort. Whether displaying aggression or being conservative, he always has a calmness about him that is indicative of the confidence in which he plays the game. He has a couple of world titles under his belt and he currently has a net worth of $13 million.
8. John Juanda – $13.2 Million
When it comes to poker players in Indonesia, John Juanda reigns supreme. He dabbles in other areas of interests, including business and athletics, but poker is what supports his lifestyle. One thing that John is recognized for in his poker play is his ability to maintain his composure no matter what the current situation. He was won three world titles so far, amassing a net worth of $13.2 million.
7. Michael Mizrachi – 14 Million
If you think that poker players cannot be intense and show emotion, then you have not seen Michael Mizrachi, who is so intense that he goes by the name of the “Grinder.” He is one of the most consistent players in the game. He does not win a lot of tournaments, but he always places high. He is always in the hunt. He has a current net worth of $14 million.
6. Phil Ivey – $15 Million
What may be most impressive about Phil Ivey is his age. At only 23, he is one of the youngest major players in the game at any level. He has already won a total of three world poker bracelets. He was already a millionaire while his contemporaries were rushing to their college classes. He currently has a net worth of $15 million, and that will likely grow substantially over the years to come.
5. Daniel Negreanu – $16 Million
Because of his composure and the confidence he displays in his decision-making, Daniel is viewed as the ideal role model for younger players to study and emulate. The reason for his confidence and demeanor is that he started playing the game at a very young age. He even dropped out of college to pursue a career in poker. Because of that decision, he has amassed a net worth of $16 million.
4. Phil Hellmuth – $16 Million
If you follow poker, then this a person who needs no formal introduction. He is, without question, one of the most popular poker players in the world. His skills are quite remarkable to the point that he is often compared to legends in other sports, such as Tiger Woods and Michael Jordan. His skills and consistency have led to constant climb in the net worth department, achieving a current net worth of $16 million.
3. Sam Trickett – $17 Million
Sam has been playing poker professionally since 2005, and he has achieved several notable accomplishments since then, including a total of eight major world tournaments — making him one of the most recognized and beloved figures in the sport. He entered the world of poker after he was forced to give up on football due to injuries. He has a net worth of $17 million.
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2. Antonio Esfandiari – $23 million
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This man has used remarkable skills and an incredible system of play to become the second richest poker player in the world, with a net worth of $23 million. He is known for being very bold in his decision making, trusting his skill set to get him out of tough situations. He has a very calm demeanor, which makes him very difficult to read.
1. Erik Seidel – $40 Million
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Without question, Erick Seidel is the most admired and revered poker player in the world, and based on his list of accomplishments, he has earned that honor. It is important to understand that while Erik has been very successful in poker, a significant amount of his assets come from investing in stocks, but the predominance comes from winning at poker a lot. He has amassed a net worth of $40 million.