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  #1  
Old 12-28-2005, 11:20 AM
Mr_J Mr_J is offline
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Join Date: Dec 2004
Posts: 639
Default Re: Getting frustrated with the money I make

[ QUOTE ]
First of all, he said he played the 10s and 20s...He didnt say how many tables so lets not assume.

[/ QUOTE ]

No that was just an example. It's probable that OP doesn't 10 table [img]/images/graemlins/wink.gif[/img] I just wanted to point out that it is possible to make a decent income at the $22s. It might not be a great income, but it's definately not as bad as the guy above made it sound. Remember alot of people on this site are college aged where $50 is a pretty good hourly rate.

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Your numbers reflected more than I expected, to be honest.

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A $55er working the same hours with a 12-13% ROI would make 100k.

I've also got to remember this is all tax free for me, so 100k to me is much better than 100k to an american. Hell, my 100k is the equiv to around 180k pretax here.
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  #2  
Old 12-28-2005, 11:23 AM
pooh74 pooh74 is offline
Senior Member
 
Join Date: Oct 2004
Posts: 316
Default Re: Getting frustrated with the money I make

[ QUOTE ]
[ QUOTE ]
First of all, he said he played the 10s and 20s...He didnt say how many tables so lets not assume.

[/ QUOTE ]

No that was just an example. It's probable that OP doesn't 10 table [img]/images/graemlins/wink.gif[/img] I just wanted to point out that it is possible to make a decent income at the $22s. It might not be a great income, but it's definately not as bad as the guy above made it sound. Remember alot of people on this site are college aged where $50 is a pretty good hourly rate.

[ QUOTE ]
Your numbers reflected more than I expected, to be honest.

[/ QUOTE ]

A $55er working the same hours with a 12-13% ROI would make 100k.

I've also got to remember this is all tax free for me, so 100k to me is much better than 100k to an american. Hell, my 100k is the equiv to around 180k pretax here.

[/ QUOTE ]

yes, I agree with all of this. I also have to remember the same principles (not to project MY cost of living on the rest). Taxes are a big issue, especially where I live (NYC) where we have not only the fed taxes, but state and city as well (both of them some of the highest in the country).

But 10 tabling the 22s at a decent ROI should be a decent living for most. I just assumed that this was NOT the case for OP.
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