Re: Going to try playing live 1/2 for a living....
 

Well I starting playing online for a living in November '04, after losing my job unexepctedly. The job didn't pay squat, and although I was already a decent poker player, I hadn't saved up a bankroll of any kind, I would usually invest my profits into learning omaha or stud or draw or some other game, and never save them.

So when I lost my job I literally had to overdraw my bank account for $200 if I remember right. Fortunately it was several months and a few thousand saved up before I hit a bad patch....

This post relates to a question I had asked on here earlier...I have just gotten tired of grinding it out online, and although a lot on here thought I should move up, 1 or 2 levels higher nl online requires a lot more br, a good deal more skill, and is a lot less profitable compared to entry level nl where most fish either stay or return after getting eaten alive at more reasonable levels.

Unfortunately I only have about 3k as I spent 2k to get a car to take me to the B&M (I know illustrious life of a poker pro right...hopefully most are doing a lot better than me), but anyways, I can still play online.

What I was thinking as possibly a sensible compromise is maybe just going up to the B&M on weekends when the games are super juicy, and playing online during the week. My experience during the week is that play is still invariably much looser than online, but much tighter than weekend play, and I probably won't be tripling my buy in on a Monday night unless the cards are with me.

On the other hand, internet play isn't great mostdays either, and weekends have been when I've made about half of my money...so we'll have to see how this works.

If I even had like 2k more this would be all a lot simpler, I don't know maybe I should just take the safe route and keep playing online while that's still available...

Re: Going to try playing live 1/2 for a living....
 

Sully wrties: [ QUOTE ]
....solid hours 5-6 days a week. I think you could net $150 a day or around $750-$1000 a week.

[/ QUOTE ] I think this is pobabably correct, but this is not enough to make a living. You must remember you will need to
pay for all your benifits, i.e., health insurance, social security, and taxes. It would be better to get some sort of
job that would give you benifits, and play poker part time. Until you can move up to higher limits. Otherwise you are putting your security in jepordy.

A safe bankroll would be one that gave you say a 1% risk of ruin. Thus never bet more than 1% of your bankroll. What is your average Max bet at 1/2 No Limit? If its $50, I'd want a bankroll of $5K. You may be willing to acept a higher risk
of ruin, say 2% and uses as a bankroll of aprox $2.5K
with a maximum bet of $50. BTW theses are rough estimates.
Poker is tricky and it i hard to be precise.

Re: Going to try playing live 1/2 for a living....
 

[ QUOTE ]
Sully wrties: [ QUOTE ]
....solid hours 5-6 days a week. I think you could net $150 a day or around $750-$1000 a week.

[/ QUOTE ] I think this is pobabably correct, but this is not enough to make a living. You must remember you will need to
pay for all your benifits, i.e., health insurance, social security, and taxes. It would be better to get some sort of
job that would give you benifits, and play poker part time. Until you can move up to higher limits. Otherwise you are putting your security in jepordy.

A safe bankroll would be one that gave you say a 1% risk of ruin. Thus never bet more than 1% of your bankroll. What is your average Max bet at 1/2 No Limit? If its $50, I'd want a bankroll of $5K. You may be willing to acept a higher risk
of ruin, say 2% and uses as a bankroll of aprox $2.5K
with a maximum bet of $50. BTW theses are rough estimates.
Poker is tricky and it i hard to be precise.

[/ QUOTE ]

I have no idea what you just said.

Re: Going to try playing live 1/2 for a living....
 

I say you set aside enough money to live on for however long you can handle living this pipe dream.

Re: Going to try playing live 1/2 for a living....
 

you can make well over $50k/yr at these games IF you are good enough. anyone who thinks otherwise doesnt know what theyre talking about.

Re: Going to try playing live 1/2 for a living....
 

Word. Don't play for a living unless you've got at least six months' worth of living expenses, and probably more if you don't want your diet to consist of boiled beans and rice, and Ramen.

Re: Going to try playing live 1/2 for a living....
 

I appreciate your more positive outlook, but what makes you so sure on this? Do you or someone you personally know make this much at this game?

Re: Going to try playing live 1/2 for a living....
 

[ QUOTE ]
--------------------------------------------------------------------------------

I think this is pobabably correct, but this is not enough to make a living. You must remember you will need to
pay for all your benifits, i.e., health insurance, social security, and taxes. It would be better to get some sort of
job that would give you benifits, and play poker part time. Until you can move up to higher limits. Otherwise you are putting your security in jepordy

[/ QUOTE ]

since when is $35K-$50K not a living wage..you must be kidding me..read the guy's posts...he just bought a car for $2K. If he is single depending on the cost of living of where he plays-$750-$1000 a week is a decent wage not just for him but 40% of Americans.

What area of the country are we talking about OP?

This is all hypothetical thu. It may be possible to make a $G a week or more in these games..whether or not the poster has the discipline, work ethic and brain power ..he will have to test the waters himself bit by bit..90% of these could I play pro posts are made by players that really dont have what it takes to play for a living-if they were more confident in their actual playing ability they would have a better feel for their earning power. Hopefully with some hard work the OP if he wants can make it.

propping is an option also.

Re: Going to try playing live 1/2 for a living....
 

[ QUOTE ]
Word. Don't play for a living unless you've got at least six months' worth of living expenses, and probably more if you don't want your diet to consist of boiled beans and rice, and Ramen.

[/ QUOTE ]

You can always use poker comps for meals at the casino.

Re: Going to try playing live 1/2 for a living....
 

[ QUOTE ]
Word. Don't play for a living unless you've got at least six months' worth of living expenses, and probably more if you don't want your diet to consist of boiled beans and rice, and Ramen.

[/ QUOTE ]
Mmmm....beef flavored ramen...