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#1
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Full Time Poker Players, Secondary Income?
In light of sfer's thread on income split between one's primary job/income and poker as a secondary job/income, I am wondering how many full time poker players have any secondary income (investment, market/trading, otherwise).
Really just looking for some general discussion on those that may have looked to ease the variance of poker, and therefore the "unknown" level of profit for a given time period when faced with a relatively standard set of expenses by introducing some form of secondary income. What are you doing to supplement your full time poker income? |
#2
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Re: Full Time Poker Players, Secondary Income?
clearing bonuses at sportsbooks, and affiliate stuff
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#3
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Re: Full Time Poker Players, Secondary Income?
[ QUOTE ]
In light of sfer's thread on income split between one's primary job/income and poker as a secondary job/income, I am wondering how many full time poker players have any secondary income (investment, market/trading, otherwise). Really just looking for some general discussion on those that may have looked to ease the variance of poker, and therefore the "unknown" level of profit for a given time period when faced with a relatively standard set of expenses by introducing some form of secondary income. What are you doing to supplement your full time poker income? [/ QUOTE ] Investing, although it's not really for short term income. I'm also exploring the lucrative field of prop-bets with Evan. scrub |
#4
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Re: Full Time Poker Players, Secondary Income?
[ QUOTE ]
I'm also exploring the lucrative field of prop-bets with Evan. [/ QUOTE ] Very , Very lucrative income. Just tell him its EV neutral, he'll believe it. Oh yeah, always bet on Red. [img]/images/graemlins/smirk.gif[/img] |
#5
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Re: Full Time Poker Players, Secondary Income?
[ QUOTE ]
Really just looking for some general discussion on those that may have looked to ease the variance of poker, and therefore the "unknown" level of profit for a given time period when faced with a relatively standard set of expenses by introducing some form of secondary income. [/ QUOTE ] If your bankroll is small enough that you're going to notice if you don't play for a few months, it's too small. scrub |
#6
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Re: Full Time Poker Players, Secondary Income?
[ QUOTE ]
[ QUOTE ] Really just looking for some general discussion on those that may have looked to ease the variance of poker, and therefore the "unknown" level of profit for a given time period when faced with a relatively standard set of expenses by introducing some form of secondary income. [/ QUOTE ] If your bankroll is small enough that you're going to notice if you don't play for a few months, it's too small. scrub [/ QUOTE ] Excellent point. But interestingly, I see many full time players on these boards "struggle" to put in the hours. So, how are they making enough to pay the bills if they are hardly playing? I'd imagine either they've built up an insanely large BR/income cushion and play more leisurely, or have some alternate source of income to supplement them while they vacation across the world, go to sporting events, etc. Seems like some have endless income, yet play less than 20 hours a week...perhaps that's all it takes? Not talking about anyone in particular, just generally from various responses over the last few months regarding "full time" poker players on here. I know there are also a fair share of full timers that do put in consistent hours. |
#7
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Re: Full Time Poker Players, Secondary Income?
Many online multitablers are making upwards of $100 per hour, some substantially more than $100/hr.
I'd be really worried if I couldn't get by quite comfortably on 8k/month pre-tax as a single 20-something male. scrub |
#8
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Re: Full Time Poker Players, Secondary Income?
[ QUOTE ]
Many online multitablers are making upwards of $100 per hour, some substantially more than $100/hr. I'd be really worried if I couldn't get by quite comfortably on 8k/month pre-tax as a single 20-something male. scrub [/ QUOTE ] While I find 8K plenty to live on, I don't find it to be an incredible amount of money, especially factoring taxes, expenses, and then whatever above and beyond that which you would consider to be "cost" for living/hobbies/fun/vacation/whatever. But granted, it is plenty to live on...and comfortably so. I guess my worries range above and beyond just living comfortably now, I tend to look way too far ahead! [img]/images/graemlins/grin.gif[/img] |
#9
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Re: Full Time Poker Players, Secondary Income?
[ QUOTE ]
[ QUOTE ] Many online multitablers are making upwards of $100 per hour, some substantially more than $100/hr. I'd be really worried if I couldn't get by quite comfortably on 8k/month pre-tax as a single 20-something male. scrub [/ QUOTE ] While I find 8K plenty to live on, I don't find it to be an incredible amount of money, especially factoring taxes, expenses, and then whatever above and beyond that which you would consider to be "cost" for living/hobbies/fun/vacation/whatever. But granted, it is plenty to live on...and comfortably so. I guess my worries range above and beyond just living comfortably now, I tend to look way too far ahead! [img]/images/graemlins/grin.gif[/img] [/ QUOTE ] I don't think most people who play poker for a living are likely to be accused of looking too far ahead... scrub |
#10
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Re: Full Time Poker Players, Secondary Income?
Hit Man. See other thread. I had to put it here because often contracts are on players by other players, so I make the hit during break or waiting for a seat. Which job is primary depends if I win more or less that night than what I recieved for HIT.
YES, if you are interested, you can pay me in casino chips and have someone eliminated with pretax dollars (if you won the chips, of course). This savings is negligible as I am usually hired by big losers of the evening. |
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