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  #21  
Old 10-18-2004, 04:31 PM
drewjustdrew drewjustdrew is offline
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Join Date: Sep 2002
Location: Chicago
Posts: 230
Default Re: Preparing to turn Pro

I think the federal rate is actually $.36 per mile. That is supposed to include the cost of gas. You would only deduct mileage costs and tolls.

As far as hourly rate is concerned, I would not include travel time because it doesn't really matter for tax purposes and obscures your actual performance results. If you are tracking on a spreadsheet, maybe you want to make two columns. One with just gambling time and one with commuting time.

Good luck turning pro. I'm jealous.

I live in Cary. Hi neighbor.
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  #22  
Old 10-18-2004, 04:43 PM
thomastem thomastem is offline
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Join Date: Nov 2002
Location: Marengo IL U.S.
Posts: 1,429
Default Re: Preparing to turn Pro

[ QUOTE ]
[ QUOTE ]
Marengo is in Il near Rockford and Trump is the Casino I spoke of. I would be very interested in hearing about any games you know of. Please PM them to me.

[/ QUOTE ]

Thomas, you do know that there is poker at Hollywood Casino in Aurora right? This is probably at least an hour closer to you than Gary, IN.

[/ QUOTE ]

You mean the casino where they charge you to park, charge you to board the boat, charge you to enter the poker room, charge you for a diet coke and have 3 poker tables in their poker room?

Yeah I know the place and they aren't getting my business.
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  #23  
Old 10-18-2004, 04:46 PM
theBruiser500 theBruiser500 is offline
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Join Date: Nov 2003
Posts: 578
Default Re: Preparing to turn Pro

I'd read the reports if you're a good writer. "The considerations are on the business end. Living in America means that any month or year playing online may cease to be an option." Are you talking about online poker, why woul di stop at any point?
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  #24  
Old 10-18-2004, 04:55 PM
Mike Haven Mike Haven is offline
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Join Date: Sep 2002
Location: Northern Ireland
Posts: 2,288
Default Re: Preparing to turn Pro

Is this Home Games site any use to you, tt?
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  #25  
Old 10-18-2004, 05:09 PM
GoblinMason (Craig) GoblinMason (Craig) is offline
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Join Date: May 2004
Location: Urbana, IL (UIUC)
Posts: 268
Default Re: Preparing to turn Pro

[ QUOTE ]
Is this Home Games site any use to you, tt?

[/ QUOTE ]
First listing under people looking for games in IL:


ThomasTEM@aol.com north-west suburbs of Chicago to the Rockford area $3-6 limit or lower

You might want to change the limit info though. [img]/images/graemlins/cool.gif[/img]
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  #26  
Old 10-18-2004, 05:24 PM
namknils namknils is offline
Senior Member
 
Join Date: Jan 2004
Location: Chicagoland
Posts: 282
Default Re: Preparing to turn Pro

[ QUOTE ]

You mean the casino where they charge you to park, charge you to board the boat, charge you to enter the poker room, charge you for a diet coke and have 3 poker tables in their poker room?

Yeah I know the place and they aren't getting my business.

[/ QUOTE ]

Yeah, that's the one, lol. I don't go their either since they started charging for everything, but I just wanted to make sure that you knew it was there so you could weigh the cost of paying for parking/entry/blah blah blah vs. driving the extra time to IN. I'm guessing that you done that.
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  #27  
Old 10-18-2004, 05:37 PM
thomastem thomastem is offline
Senior Member
 
Join Date: Nov 2002
Location: Marengo IL U.S.
Posts: 1,429
Default Re: Preparing to turn Pro

[ QUOTE ]
[ QUOTE ]
Is this Home Games site any use to you, tt?

[/ QUOTE ]
First listing under people looking for games in IL:


ThomasTEM@aol.com north-west suburbs of Chicago to the Rockford area $3-6 limit or lower

You might want to change the limit info though. [img]/images/graemlins/cool.gif[/img]

[/ QUOTE ]

Mike,

TY for the thought.

I can't figure out how to edit it. Anyone have experience with Homepoker?
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  #28  
Old 10-18-2004, 05:47 PM
bogey bogey is offline
Junior Member
 
Join Date: Jan 2004
Location: Tahoe and Philadelphia
Posts: 24
Default Re: Preparing to turn Pro

[ QUOTE ]

Another consideration I am trying to make easier is the liquidity of my BR. Having enough in Neteller for when 2-3 sites run a dep. bonus, enough on my site of choice and then enough for live games is going to be a challenge. For those that want to say Dep bonus is too small to consider I say an extra 1500-2000 is a couple vacations to Vegas each year.


[/ QUOTE ]

I don't see how this could be any sort of problem. You should easily be able to have enough of a liquid bankroll to have the 3k (or whatever) extra in Neteller to take care of reload bonuses. If its really that much of a challenge I would definitely suggest building up a bigger cushion before taking the plunge. It would be different if you didn't have any real responsibilities, but it sounds like you have a regular job and a wife and kids so i think you should wait until having that extra money in Neteller is insignificant to you.
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  #29  
Old 10-18-2004, 05:53 PM
Panace50 Panace50 is offline
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Join Date: Mar 2004
Posts: 0
Default Re: Preparing to turn Pro

can't you have your own home game? what are the laws in Illinois? Here it is legal to have a home game if you do not rake the games, and there are almost certainly ways to circumvent that. Perhaps a home poker tournament would arouse less hassle than a standard poker game.
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  #30  
Old 10-18-2004, 05:59 PM
GrannyMae GrannyMae is offline
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Join Date: Sep 2002
Posts: 3,449
Default Re: Preparing to turn Pro

do you really feel there is enough advantage for you in live play to overcome all these expenses? the only limits i play live are 20-40 and 30-60 (which is much higher than i currently play online). i play that level live because i can beat the players at that level and still do well when factoring in all the little costs.

forget about the expenses of travel etc, if you don't plan on playing fairly high limits the dealer toke alone will kill your hourly compared to online. i can't imagine even starting my car unless i was going to play 10-20 minimum.
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