Dusty “Leatherass” Schmidt talks about the increase in poker
In an article with Card Player Magazine, online poker legend Dusty “Leatherass” Schmidt told the publication how he foresees leaner earnings for online poker pros in the future. Schmidt explained to Card Player magazine that the ratio of poker pros to poker players is decreasing, which is making it harder to find “juicy” games.
Schmidt went on to say how in the past there were maybe 30 regulars in the games he played, and it was easy to keep detailed notes on them; now he has a list of over 500 regulars, and it’s practically impossible to have a good read on all of them.
Schmidt told Card Player: “Poker is hard right now…At one point I could make a million dollars a year at poker without doing anything more than grinding 5/10nl for about 40 hours a week…I once made over a $1 a hand playing an insane number of tables…If you can make 50 cents a hand online over a very large sample playing many tables at 5/10nl, you are a super star these days.”
Schmidt is hoping that the possibility that online poker may be legalized in the US will bring in enough new players to once again make the games softer, and bring the ratio of poker pros to casual players back down to the levels we have seen in the past.
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