Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > General Poker Discussion > Beginners Questions

Reply
 
Thread Tools Display Modes
  #1  
Old 02-11-2005, 02:42 PM
AviD AviD is offline
Senior Member
 
Join Date: Nov 2003
Posts: 540
Default 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?
Reply With Quote
  #2  
Old 02-11-2005, 03:34 PM
BaronVonCP BaronVonCP is offline
Senior Member
 
Join Date: Sep 2003
Posts: 452
Default Re: Full Time Poker Players, Secondary Income?

clearing bonuses at sportsbooks, and affiliate stuff
Reply With Quote
  #3  
Old 02-11-2005, 04:05 PM
scrub scrub is offline
Senior Member
 
Join Date: Aug 2003
Location: Princeton, NJ
Posts: 573
Default 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
Reply With Quote
  #4  
Old 02-11-2005, 04:06 PM
scrub scrub is offline
Senior Member
 
Join Date: Aug 2003
Location: Princeton, NJ
Posts: 573
Default 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
Reply With Quote
  #5  
Old 02-11-2005, 05:28 PM
AviD AviD is offline
Senior Member
 
Join Date: Nov 2003
Posts: 540
Default 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.
Reply With Quote
  #6  
Old 02-11-2005, 05:31 PM
bunky9590 bunky9590 is offline
Senior Member
 
Join Date: Jun 2003
Location: South Jersey
Posts: 1,188
Default 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]
Reply With Quote
  #7  
Old 02-11-2005, 05:43 PM
scrub scrub is offline
Senior Member
 
Join Date: Aug 2003
Location: Princeton, NJ
Posts: 573
Default 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
Reply With Quote
  #8  
Old 02-11-2005, 05:54 PM
AviD AviD is offline
Senior Member
 
Join Date: Nov 2003
Posts: 540
Default 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]
Reply With Quote
  #9  
Old 02-11-2005, 06:02 PM
scrub scrub is offline
Senior Member
 
Join Date: Aug 2003
Location: Princeton, NJ
Posts: 573
Default 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
Reply With Quote
  #10  
Old 02-11-2005, 06:07 PM
tripledouble tripledouble is offline
Senior Member
 
Join Date: Feb 2005
Posts: 116
Default Re: Full Time Poker Players, Secondary Income?

i don't know of any internet on line full time poker players that live a decedant lifestyle. (not talking wsop winners that used to only play internet)
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 10:42 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.