Play poker for a living? Doubt it. A great hobby to have though.
 

One year ago, on October 2006 I started a project called Sponsored Online Investments Project in which I planned to take $50 turned into $2,000 and make a monthly income of 4,000+ which I believed could be done online by multitabling mid stakes while taking advantage of reload, monthly bonuses and rakeback (which are exclusive benefits of online poker). We are all aware of the great things about the lifestyle we could have if we could play this game profitable so I was very excited about making it happen.

During the first 6 months I read more than 15 books, watched all the videos I could and played more than 6 hours a day. After lots 6 months I built my br to about playing NL25 and NL50 to around $1,200 but started having variance at NL50 and NL100 so I was unable to achieve any significant profits and my bankroll got stuck.

Since there arent a lot of easy to clear sign-up bonuses for the micro level players anymore, I decided go the kickbacks at pokersavvy.com and built my bankroll to around $2,000. After that I was only left with reload, monthly bonuses and rakeback which are difficult to clear at the NL micros. Remembering the variance that I had at NL50 and NL100 I decided to switch to limit 1/2 and 2/4 in order to take advantage Cryptos monthly, PartyPoker, PokerStars and some IPoker and Ongame sites monthly and reload which have a decent clearing rate at this levels. With $2,000 I thought my br is healthy enough to play there. Limit has less variance than NL so if I can play 10 hours a day and break even I could clear $200/day at 2/4 for $4,000+ a month.

Well, as it turns out, I lost $600 in two days due to cold decks and bad beats and I played well. I am calling it quits with this project as I am tired of this fluctuations and not seeing any results. I mean players perhaps make less mistakes at those levels but c´mom, how hard could it be to play break-even poker?. I am gonna hate having to be an employee but I need to stop fooling myself thinking I could afford to pay rent, food, car loan, gas, etc doing this.

I know lots of you are probably going to tell me to just take sometime off and then come back, but I am interested in consistent results (within reason because poker is still gambling) and if I can´t do that bonus whoring breaking-even a 2/4 limit I dont know how in the world I could make a living playing online poker. I dont want to be cynical, but I am not completely sure poker can be beat today (players are better and bonuses have gotten harder to clear). Look at sbrugby, the best online player today, won 3 million this year and lost 2 million in less than 2 months, and he is is the best...imagine the rest of us. From now on, poker is a hobby to me.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

LOSER!

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

nah if you can't win you should probably quit poker forever

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

Sounds like you have entitlement issues. Just because you've read 15 books and have a whopping 6 months of experience, doesn't mean you should be making $4k+/month.

I think it's fairly laughable to play for your food with less than a $10k bankroll and have a proven track record of consistantly beating at least 0.50/1.00.

The games are beatable but the variance will always be there. Just when you think you can't possibly run worse, you will. Hence why 6 months reserves in the bank is an absolute must.

My advice is to drop the entitlement and embrace the variance.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

Good read.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

I think your Project just needed a better name

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

lollllllllllllllllllllll

Re: Play poker for a living? Doubt it. A great hobby to have though. *DELETED* *DELETED*
 

Post deleted by Dids

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

I think its great that you've got the courage to quit because you arent happy how things are going (im being totally serious). So many people just end up as degen rakeback grinding losers because they cant admit to themselves that poker isnt for them. kudos for not being one of these people. Good luck in your future endeavors and I actually envy the enjoyment you will get from playing poker simply as a hobby

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

Good luck with your hobby.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

tl;dr.

ps: u suk

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
Are you working and promoting the website?

[/ QUOTE ]

God I hope he is . . . looks like they have some great articles:

Tips for Playing Pocket Jacks
Contrary to popular belief, Pocket Jacks are a very strong hand in NL Hold 'Em . . .

TELL ME MORE

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

maybe you just suck at poker?

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

I don't think you quite understood... it's News, Views, Gossip. Since u included no news or gossip i'l give u my view. U suck at teh pokeys.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

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Well, as it turns out, I lost $600 in two days due to cold decks and bad beats

[/ QUOTE ]


that's what they all say....enjoy your new hobby

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

Op can you clarify this for me:

"After lots 6 months I built my br to about playing NL25 and NL50 to around $1,200 but started having variance at NL50 and NL100 so I was unable to achieve any significant profits and my bankroll got stuck"

ARe you saying it took you 6 months playing 6/hrs a day to build a roll for 50nl, playing 25nl?

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
During the first 6 months I read more than 15 books,

[/ QUOTE ]

[ QUOTE ]
Well, as it turns out, I lost $600 in two days due to cold decks and bad beats and I played well. I am calling it quits with this project

[/ QUOTE ]

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
One year ago, on October 2006 I started a project called Sponsored Online Investments Project

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SOIP bro?

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
so if I can play 10 hours a day

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Isn't that like more hours than a "real" job? And any decent profession will gross you more than 4k a month anyways.

This is a funny post.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[x] Thread is embarrassing

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

NO. I think what he was trying to say was this. "I'm a big baby...they never let me win. Please guys, I've worked so so so hard. I read Phil Gordon's book and he's a commentator so he gotta be really really good. He's the only person that i can think of who's better than i am. Yep sure does suck. My next project is gonna be called Project Big Baby. That way i'll win that project. Oh and i know so much about poker. Limit poker has a lot less variance, especially when I train for 6 months at NL and then switch over. I think i can win $4000 per month at 1/2 Limit Poker, espcially if i get the bonuses for all the sites."

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
[ QUOTE ]
so if I can play 10 hours a day

[/ QUOTE ]

Isn't that like more hours than a "real" job? And any decent profession will gross you more than 4k a month anyways.

This is a funny post.

[/ QUOTE ]

seriously wtf 10 hour days every day, most likely nights...ur retarded.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

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I am gonna hate having to be an employee but I need to stop fooling myself thinking I could afford to pay rent, food, car loan, gas, etc doing this.


[/ QUOTE ]

I'll have the calamari appetizer and my steak medium well. Get after it boss.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
Limit has less variance than NL

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You haven't played enough LHE.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
Look at sbrugby, the best online player today, won 3 million this year and lost 2 million..

[/ QUOTE ]

[x] OP fails to grasp the simple mathematics requisite to beating online poker.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

Could someone please post original post on pocket 5's...very curious to see what their response is.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

Can someone link the thread to the mod who went to vegas to play stud for a living? that was a great read...

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

If you can't beat 50NL you aren't a winning player and you cannot blame variance or a cold deck like you are stating. Looking through just one of your posts you have a very bad concept of the game. Your first post stated you wanted to get to 2/4 NL and buy in for a half stack? Take responsibility for your results and improve them. You can literally train a monkey to beat micros and with RB you can make a decent living.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

it took you 6 months to build up a to a 1200 roll? and i thought i sucked.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

BAN OP

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
Limit has less variance than NL

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From which one of the 15 books did you find this piece of wisdom? Maybe you read the wrong books.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

stfu guys. Even if he's only breaking even during that period he's doing better than 85% of the players. He tried something and it didn't work out, good job by OP to realize he should keep poker a hobby and hopefully make a few extra bucks on the side.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

Bueno Burno!

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
Could someone please post original post on pocket 5's...very curious to see what their response is.

[/ QUOTE ]


http://www.pocketfives.com/9E24212D-...4C38C4E14.aspx

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
LOSER!

[/ QUOTE ]
FACK YOU

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
[ QUOTE ]
Could someone please post original post on pocket 5's...very curious to see what their response is.

[/ QUOTE ]


http://www.pocketfives.com/9E24212D-...4C38C4E14.aspx

[/ QUOTE ]
huh? you and OP are the same person?

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

[ QUOTE ]
[ QUOTE ]
One year ago, on October 2006 I started a project called Sponsored Online Investments Project

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SOIP bro?

[/ QUOTE ]

good

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

OP: It is clear that you are a bit naive when it comes to life in general. However, I do applaude you for knowing when to walk away from the game. I guarantee you that if you played as much as you claimed to have played and still couldn't make a decent profit then you just aren't talented enough in this gamne to earn a living at it.

I'm not even really sure what the point of your post is because you're not going to get anything out of it. Stay in school or start your career or something. Stay away from poker, it's clearly not for you.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

the funny part is that you can quite reasonably make $4,000 bonus whoring without making a dollar at the tables.

unless you suck at poker.

Re: Play poker for a living? Doubt it. A great hobby to have though.
 

if I were the owner of this site I´ll ban the shet out of a lot of people here. A lot think they know more than they really do in this forum and probably losing a lot of money too