“My goal is to break even until I win a big tournament,” – these are words of American live tournament pro who has some good results. And this phrase shows strategy for the most players. And many fail to do that. Most of the players who hit the road to take part in different series lose money. That is the fact. And that’s it.
There is a good article, a little bit outdated and imprecise in some points. It author claims (basing on online MTT player data) that $60,000 per year with 25% ROI is a good result for a tournament player. The ROI part is Chris Moorman’s and based on 40,000 MTTs.
Most players are as far from Chris Moorman as YotaPhone is far from Apple production, but let’s let it slide.
Therefore, player needs to make $240,000 a year to get $60,000 as profit. This is $1,000 a day if you work 5 days a week… what is, as one could guess, is far from reality for most of the tournament players. Especially in Russian-speaking countries. However, we expect profits much lower.