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#1
05-26-2006, 10:00 AM
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$15 sit and go\'s pokerstars- way to make a living
I was just wandering if anyone has any advice on making a living 8-tabling $15 pokerstars (turbo) tables. Ive been doing to for about a week and overall i place in about 1 in 3. But i think i can do this for the rest of the year earning at least what i would in some labouring job 8am-5pm although i am fully aware that a week is nothing to go by but i usually feel i am the best player at the table and I NEVER tilt (-:.
I do not pay tax on my winnings as I just transfer my winnings to a friend who pays me cash for them. So if keep at it will i drive myself crazy or be happily smug for not having to work for a living. I would be looking for a min of $10 proffit per hour. p.s should i play on party poker instead and join a rake back program? 
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#2
05-26-2006, 10:19 AM
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Re: $15 sit and go\'s pokerstars- way to make a living
I wouldn't play $15 SNG's for a living.
[ QUOTE ] I do not pay tax on my winnings as I just transfer my winnings to a friend who pays me cash for them. [/ QUOTE ] I'm pretty sure this is illegal
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#3
05-26-2006, 10:24 AM
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Re: $15 sit and go\'s pokerstars- way to make a living
[ QUOTE ]
I do not pay tax on my winnings as I just transfer my winnings to a friend who pays me cash for them. [/ QUOTE ] I'm pretty sure this is illegal [/ QUOTE ] If i were to take up doing it for a living it would be illegal yes,, but i know of many ways to avoid having to deposit money into my bank account and therefore don't need to pay tax or claim and if i do take up 8 tabling 15$ sit and go's as my source of income i will not be paying tax- which yes is kinda illegal.
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#4
05-26-2006, 10:34 AM
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Re: $15 sit and go\'s pokerstars- way to make a living
[ QUOTE ]
I do not pay tax on my winnings as I just transfer my winnings to a friend who pays me cash for them. [/ QUOTE ] What on earth does this have to do with trying to play low limit SNGs for a living? This thread could get interesting. Onaflag........
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#5
05-26-2006, 11:27 AM
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Re: $15 sit and go\'s pokerstars- way to make a living
earlecement,
wow a whole week! I'd recosider this whole thing until you've played a few hundred SNGs. You could be in for a big shock when that 30 buyin downswing that lasts for 500 SNGs hits.
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#6
05-26-2006, 11:35 AM
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Re: $15 sit and go\'s pokerstars- way to make a living
[ QUOTE ]
I was just wandering if anyone has any advice on making a living 8-tabling $15 pokerstars (turbo) tables. [/ QUOTE ] Yes. Read this: www.poker100k.com
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#7
05-26-2006, 11:58 AM
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Re: $15 sit and go\'s pokerstars- way to make a living
Don't listen to the haters. You've stumbled onto a mini-goldmine.
<font color="white"> You are possibly the biggest fool ever. Pay your taxes idiot. </font>
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