Originally posted on 12/29/2010:

Quote Originally Posted by pavyracer View Post
When these guys play at these tournaments on TV and win a bunch of money do they keep it all?
Alot of it goes to taxes. Then they have to pay the backers if they had any. The dealers expect a large tip, they got pissed at Joe Hachem because he didn't tip 10% or so. So if you won 2 million in a poker tournament you would expect to walk away with a million or so. Playing big tournaments in poker really isn't that much of a money maker cause you have to figure that you would only win a big one every few years or so. Traveling around and the buy ins would easily amount to 100000+ a year so if you won 2 million every 5 years you would make only 100,000 a year or so.