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  #1  
Old 11-22-2002, 03:56 PM
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Default More Important than where... How do Pros live?

One poster asked "Where do the Pros Live"... well geographically... wherever there are games.

A more germaine question might be, "How do they live". I mean to say, can't exactly get a mortgage with the occupation "Gambler".

Heck, probably couldn't if you said, "At home day trader" either.

So do they all live in trailers in Summerlin or over there off the strip??? In weekly rent motels?

'course if you wealthy enough or have a day job, no problems I suppose. But is a rich player really a pro?

I mean to say, if you're a "trust fund pro" aren't you really a hobbyist, even if you are winning at a good rate?

And if you have the day job, chances are it's not a great one, so where's the life there? Though I did meet
a pro or two claiming to be trained by R. Greider who owned an accounting practice. The claim there was also that between the two of them they were earning an extra 20K a year at 1-5 stud. Hmm... seems a bit high... even at $5 an hour win rate. They'd have each had to play about 2000 hrs a year. Now how
could a full time accountant do that on top of running a firm?

Sincerely,
Frank


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  #2  
Old 11-22-2002, 07:09 PM
HDPM HDPM is offline
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Default Re: More Important than where... How do Pros live?

Didn't my post below answer that too? [img]/forums/images/icons/laugh.gif[/img]

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  #3  
Old 11-22-2002, 07:13 PM
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Default Re: More Important than where... How do Pros live?

Yes, I suppose so. '78 Cutlass. Geez a rust bucket too...

Guess that's sort of like the old joke... "Where does a Poker Pro make his money?"

"In the parking lot."

I always took that to mean robbing folks.

Sincerely,
Frank
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  #4  
Old 11-29-2002, 09:49 AM
Matt D Matt D is offline
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Default Re: More Important than where... How do Pros live?

One word: CASH

If it can't be bought with cash, it doesn't get bought.
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  #5  
Old 11-29-2002, 02:00 PM
snakehead snakehead is offline
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Default Re: More Important than where... How do Pros live?

some pros live in nice houses with swimming pools, and others live in budget suites. it depends on how successful they are. financing is more dependent on your credit rating than on your occupation. self-employed people often have to make a larger down payment or pay a little higher interest, but they still get financed. I don't think anyone puts poker player on the application.
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  #6  
Old 11-30-2002, 11:29 PM
Inthacup Inthacup is offline
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Default Re: More Important than where... How do Pros live?

The claim there was also that between the two of them they were earning an extra 20K a year at 1-5 stud. Hmm... seems a bit high... even at $5 an hour win rate.

It's nearly impossible. The rake is ridiculous at 1-5 stud. They are either being VERY generous with their win rates or are flat out lying.
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  #7  
Old 12-01-2002, 02:37 AM
Trefo Trefo is offline
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Default Re: More Important than where... How do Pros live?

Agreed can't make that much in stud...they're pulling your leg or overestimating their winnings.
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  #8  
Old 12-01-2002, 08:35 AM
thebroker thebroker is offline
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Default at $5 per hour they would have to play 4000 hours for 20k

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