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Q: $1000 a Day ( Answered,   2 Comments )
Subject: $1000 a Day
Category: Business and Money > eCommerce
Asked by: petercc-ga
List Price: $150.00
Posted: 26 Apr 2005 20:47 PDT
Expires: 26 May 2005 20:47 PDT
Question ID: 514735
I am looking for a confirmable, step by step process through wich I
can consistently make $1,000 Dollars a day online or with a computer.
I have up to $5,000 capitol avaiable and can commit 5 hours a day to the process.

Request for Question Clarification by omnivorous-ga on 26 Apr 2005 22:12 PDT
Petercc --

Researchers need to know if you want your return figured on a 365-day
year, with 20% per day yielding $7.9 x 10^28 (10^9 dollars = $1
billion) or a more normal work schedule of 260 days and $3.9 x 10^23.

Eschewing all compounding, it's a plebian range of $250,000 to
$365,000, as you probably know.  But we still need to know over how
many days you intend to earn this $1,000 per day.

Best regards,

Subject: Re: $1000 a Day
Answered By: tox-ga on 27 Apr 2005 16:43 PDT
Hi there,

Assuming that you are looking for a way that does not require any
specialized skills or connections, the most consistent way to reach
that income level is through online professional poker playing -
specifically, Limit Texas Hold'em.

Online poker is rapidly growing in popularity and everyday, hundreds
of thousands of players are contributing money into the pool.  Limit
Texas Hold'em, however, is a game of skill and technique, so most of
the money goes to a small number of people who know what they are
doing.  It was estimated that 90% of online gambling money at a
popular poker room ultimately goes to 10% of the players.

Because this is played online, the game itself becomes very systematic
and mechanical enough for anyone to play perfectly.  Having written a
research paper on this topic, and personally knowing several online
professionals, both mathematical and empirical data points to the
conclusion that the winnings will be consistent, and the level of
income depends on the stake that is played.

In order to set yourself up to become a part time professional online
poker player, you will require 3 things that all successful and
consistent professionals have:

1. Poker Tracker Software
This software is crucial for any aspiring poker professional.  It is
also very inexpensive, for only $55.  It tracks every useful
information, including how successful you are in various situations,
as well as the characteristics of your opponents.

2. Bankroll
With the current capital ($5,000) it will be very risky to play stakes
high enough to earn $1000 in 5 hours.  Since we are speaking in terms
of safe, consistent income earning way that professionals play,
initially, you will have to start at lower stake, earning 2-300
initially and moving up in stakes as the bankroll becomes larger.  If
you put in time every single day, it will not be long before you are
able to sit at stakes that are high enough to earn your desired income

3. Skills and Technique
Here is the most difficult part.  At this point, I will assume that
you have no knowledge, or at the very least no accurate knowledge, on
how to play at a professional level online.
As I've mentioned before, it is highly mechanical and there are exact
steps outlined for what to do in each situation.
For example, for starting hands, the following is the system that many
professionals follow:

If you have no idea how the game is played at all, you do not need to
worry - Texas Hold'em is a game with relatively simple rules that can
be learned very fast.  The expert moves and strategies, however, will
need to be taught by an established professional with a proven track
While there aren't many professionals that are willing to train/tutor
new players, there are few who are generous enough to do so.  One such
professional that I've met during my research was Roger Smith.  You
can contact him directly at: rsmithco(a)  (replace (a) with @
when emailing please).  Training is typically inexpensive, and the
investment will leave you with enough capital to play profitable
stakes.  They will inform you the pros and cons of different poker
sites online, exact steps on how to set yourself up, etc.

The above 3 conditions illustrate the most known consistent, safe, and
confirmed way of earning high income online without any specialized
skills or connections.  It will require patience and commitment - the
fact that the game is mechanical means that it is easy to learn but
also means that it will be quite boring to do every single day.

You can also read about professional poker playing on various websites
such as the one below.  They usually lack enough information to be
useful, but provide an interesting read.

Please feel free to ask for clarification on any part of the answer,
and I would be happy to assist you further.


Request for Answer Clarification by petercc-ga on 28 Apr 2005 09:17 PDT
Can you confirm with any evidence that the $1,000 a day is consistently achievable?

Clarification of Answer by tox-ga on 28 Apr 2005 20:30 PDT
Hi there,

The poker tracker software also tracks the total income and income per
hour.  In my past research, I have analyzed 30 professionals and their
poker tracker statistics, earning consistently between $800-$2,000
with low variance, and especially high consistency when you look at it
on a bi-weekly / monthly scale.

The contact to the professional that I provided will most likely be
able to provide you a sample of his statistics upon request.

Subject: Re: $1000 a Day
From: dalman-ga on 27 Apr 2005 15:58 PDT
Well, go where the money is, which is unfortunately in selling      or
online gambling.
Subject: Re: $1000 a Day
From: financeeco-ga on 28 Apr 2005 02:01 PDT
Well, assuming you work 365 days and earn your $1000 per day, that
nets you $365K. Maybe you only work weekdays, which still yields a
respectable $260K after one year.

$5000 initial investment... $365K or $260K value in one year.... that
works out to a 7200% or 5100% APY.

All this is back-of-the-envelope, no compounding. Still, I don't think
ideas exist that can give a 5100% return. If they do, I hope no one is
selling them for $150.

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