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#11
06-09-2006, 02:51 PM
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Re: playing for a living
[ 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 mostly playing 1/2 NL with no multitabling. If that winrate was playing 15/30 I'd be a little more worried. If 50+hrs / $1000 per month and 1/3 of my total income isn't semipro I'd be interested to read what is. 
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#13
06-10-2006, 07:40 AM
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Re: playing for a living
[ QUOTE ]
If that's your winrate, you shouldn't even think about playing fulltime. [/ QUOTE ] There are reasons for him to not play full time, but this definitely is not one of them.
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#14
06-10-2006, 02:27 PM
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Re: playing for a living
I have played full time for stretches of six or nine months at a time. My win rate always goes down during the full time stretches. There are many reasons for this. Here are a couple of the key points:
1. When playing part time, I play mostly at night and on weekends. Games are a lot softer on weekends, especially at casinos. When you start playing full time during the week, you're spending most of your time with other people who play full time during the week. 2. When you play high limits ($75 - $150 or bigger) you sometimes can't find any game at all during the week. Some of the bigger limit games can only be found on the weekends. 3. If you have a wife and kid, playing for a living is high pressure. Those losing streaks can really get to you when other people are counting on you. Just some thoughts.
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#16
06-10-2006, 08:51 PM
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Re: playing for a living
[ 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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#17
06-10-2006, 11:16 PM
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Re: playing for a living
[ 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 ] Yes, i tried explaining this as well. My poker mentor told me that he wouldn't play for a living under 5/10 online. I say it's all relative. I play 2/4 full time, after quitting a job i hated being a PC technician. I'm less miserable, create own hours, and can pay my bills being 20 years old and playing poker. That, and i wont be at 2/4 for long.
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#18
06-11-2006, 02:17 AM
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Re: playing for a living
Nobody has touched on one of the most important answers to the question. How is your money management? With a standard job, you pretty much know what you're going to make, what you can do with it, etc. But playing for a living, can you contiune to live your same disciplined lifestyle when you go on a 300BB rush? It's extremely difficult to do. Why do you think so many pros need backers or have them? Money management.
-md www.myspace.com/iambabyd
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