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  #21  
Old 06-20-2006, 11:07 AM
AncientPC AncientPC is offline
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Join Date: Jul 2004
Location: Austin, TX
Posts: 6,431
Default Re: playing for a living

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give it a shot when and only when you are losing money by going to the day job. It is a slow transition.
-Shaggy

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How do you really know when that moment comes ? My win rate over 1200 hrs. is $19/hr but that's with the luxury of just picking my spots when to play. How much of a dropoff should I factor in by having to play a set number of hours ?

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If that's your winrate, you shouldn't even think about playing fulltime. In my book, poker is just a recreational thing for you. You don't even qualify as a semi-pro.

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That's a pretty ridiculous mindset when US minimum wage is less than $6/hr and many people in other countries are making less.

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Not really. Who cares what the US minimum wage is or what people in other countries make? He's living in the US (assumption) and therefore the only thing that matters is how much he makes relative to his living style.

Besides, you never gain anything from comparing yourself to those worse off.
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  #22  
Old 06-20-2006, 11:51 AM
Mike Jett Mike Jett is offline
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Join Date: Dec 2005
Location: Cambridge, MA
Posts: 937
Default Re: playing for a living

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
give it a shot when and only when you are losing money by going to the day job. It is a slow transition.
-Shaggy

[/ QUOTE ]

How do you really know when that moment comes ? My win rate over 1200 hrs. is $19/hr but that's with the luxury of just picking my spots when to play. How much of a dropoff should I factor in by having to play a set number of hours ?

[/ QUOTE ]

If that's your winrate, you shouldn't even think about playing fulltime. In my book, poker is just a recreational thing for you. You don't even qualify as a semi-pro.

[/ QUOTE ]

That's a pretty ridiculous mindset when US minimum wage is less than $6/hr and many people in other countries are making less.

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Not really. Who cares what the US minimum wage is or what people in other countries make? He's living in the US (assumption) and therefore the only thing that matters is how much he makes relative to his living style.

Besides, you never gain anything from comparing yourself to those worse off.

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I'm not a huge fan of this logic.

You sound spoiled.
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  #23  
Old 06-20-2006, 02:04 PM
Xhad Xhad is offline
Senior Member
 
Join Date: Jul 2005
Location: .25/.50 6max - stars
Posts: 5,289
Default Re: playing for a living

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
give it a shot when and only when you are losing money by going to the day job. It is a slow transition.
-Shaggy

[/ QUOTE ]

How do you really know when that moment comes ? My win rate over 1200 hrs. is $19/hr but that's with the luxury of just picking my spots when to play. How much of a dropoff should I factor in by having to play a set number of hours ?

[/ QUOTE ]

If that's your winrate, you shouldn't even think about playing fulltime. In my book, poker is just a recreational thing for you. You don't even qualify as a semi-pro.

[/ QUOTE ]

That's a pretty ridiculous mindset when US minimum wage is less than $6/hr and many people in other countries are making less.

[/ QUOTE ]

Not really. Who cares what the US minimum wage is or what people in other countries make? He's living in the US (assumption) and therefore the only thing that matters is how much he makes relative to his living style.

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Uh, ok, read the post I just quoted again. The person was saying that making below a certain dollar amount doesn't qualify someone else as a professional. I'm saying that telling someone that making more than some people's living wage, particularly in his own environment, as one's sole source of income, is pretty much fitting every logical definition of "professional". To say "well it's recreational because that's not a lot of money," makes no sense whatsoever.

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Besides, you never gain anything from comparing yourself to those worse off.

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I wasn't making any statements about the quality of living of X amount of income. How other people live is a fine way to establish what is and is not living wage.
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  #24  
Old 06-21-2006, 08:36 AM
engineer_mba engineer_mba is offline
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Join Date: May 2006
Posts: 110
Default Re: playing for a living

Hi PokerB,

I wish you the best of luck whatever you decide. I am curious why you don't consider multi-tabliing? I am certainly no pro, and I play at lower limits than you but multi-tabling ring games REALLY helped my bank roll.

Let me explain, (remember I already said I wasn't that good at poker), I play very TAGish and only play a small selection of hands. I typically only get my money when I feel I have a nice edge. By playing 4 tables those hands come up much more often than one tabling. I am also less likely to get bored and get involved with a poor/mediocre hand.

Although it seems unintuitive, my winrate per table per hour increased when I started multi-tabling. I got most of the good by playing cards in position, and I always make notes on individuals at the table when I first sit down. It also allows me to separate myself from one particular bully.

Just my 2 cents,

L-
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  #25  
Old 06-21-2006, 12:54 PM
PokerStorm PokerStorm is offline
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Posts: 95
Default Re: playing for a living

Well if you've been consistently winning it's worth giving it a shot. I don't know why so many people always shoot down anyone who asks about going pro. I didn't even know of these forums when I went pro, I'd actually been playing only a few months but I knew a good thing when I saw it. I wasn't in employment, I was in college. I went back as a mature student at 24 and I wasn't really looking forward to another 4 or 5 years of study. I made 3 deposits and after finally making a go of it on the stt's with the last deposit I decided to play full time on .25/.50 cash games. Lost half my €1100 roll in the first week, and that really woke me up to how serious I was going to have to get to make this work. Anyway, it's not even a year later since I started and after continously rising up I'm now playing 3/6 and 5/10 with a BR big enough for 25/50. I don't play 10/20 and higher though as I'm not comfortable with the swings.
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  #26  
Old 06-21-2006, 12:58 PM
PokerStorm PokerStorm is offline
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Default Re: playing for a living

I think anyone who's winning consitently should give serious consideration to going full time as there is serious money to be made if you crack it. I know a good few people who thought I was crazy to take a shot at this but now they can't get over how much I'm making. It's definately worth giving it a shot. You can start off making $500 a week multitabling .25/.50, and you can basically multiply that by 2 every time you move up levels.
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  #27  
Old 06-21-2006, 01:00 PM
Mike Jett Mike Jett is offline
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Join Date: Dec 2005
Location: Cambridge, MA
Posts: 937
Default Re: playing for a living

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You can start off making $500 a week multitabling .25/.50, and you can basically multiply that by 2 every time you move up levels.

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no
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  #28  
Old 06-21-2006, 01:21 PM
PokerStorm PokerStorm is offline
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Default Re: playing for a living

Yes
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  #29  
Old 06-21-2006, 01:22 PM
PokerStorm PokerStorm is offline
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Posts: 95
Default Re: playing for a living

That is if you're capable of making $500 a week at .25/.50. Then yes, you can basically double that everytime you move up, till 5/10 anyway - I can't speak about 10/20, never played it for a solid week.
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  #30  
Old 06-21-2006, 01:42 PM
Bubble Bully Bubble Bully is offline
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Posts: 234
Default Re: playing for a living

Interesting... Why would anyone quit a job that provides healthcare and a steady flow of income. Couldn't you make almost as much by putting more time in at night when the real fish swim out, and put more hours in/ play more tables?

I think the ideal for most would be online pro's is to obtain a low stress day job that pays around 30k (one that you can slack off), and put in more hour at night when 9-5 Bob attempts to play like the ppl on TV. This way you maintain a steady source of income/ healthcare...
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