So do these Poker Professionals really make money at these tournaments? Well, I just took a look at how my "celeb" pros have done so far this year at the WSOP:
Cyndy Violette has cashed in one event for $11,040. Depending on how many events she entered, she is money ahead for the series, but if she enters the Main Event for $10,000, she'll need to cash in order to have a profitable series.
Annie Duke has won $73,602 this year and regardless of how she does in the Main Event she will have a profitable series despite the fact that she has only made money in one event.
Berry Johnston has won $47,201 this year and is well on his way to a profitable series.
I also took a look at some of the other big name pros that I have seen on TV a lot such as Phil Hellmuth, Eric Seidel, Eric Lindgren, Doyle Brunson, Allen Cunningham, Daniel Negraneu and all of them have had profitable 2008 WSOPs.
What does it prove? While there is an element of luck in this game, it seems that skill continually wins the money. These big name pros didn't get where they are because they got lucky and won a lottery. They got their reputations by consistently playing better than the competition and bringing home the cash. It is no wonder that they argue that Poker should be handled differently from gambling because with gambling, no matter how skilled you are you can only make money by getting lucky. With Poker, you may get lucky or unlucky, but over the long term skill makes the difference.
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