Live Limit Hold'em Pros

[PokerCad]

First off, you have to be skilled enough to be a WINNING player. That being said I would not play pro unless I had a 100K BR and were skilled enough to profit at 20-40 at a minimum. To grind it out at anything less just does not earn you enough and you might as well just get a real job. The 10-20 and 15-30 are great limits for second income and good living. Dunno, I guess I just like spending money too much to have my poker earnings go towards living expenses. If you are going to try to grind out a living at the lower limits and have your profits go towards expenses how would you ever build enough of a BR to play at higher limits where you can truly make a decent living?

[Don Olney]

If you play 15/30 --- 40 hours a week ---make 1 BB your looking at 1200 a week----
1 BB an hour you can do.

30/60 at 40 per week is 2400 at 1 BB per hour---
Most will do a little less then this some a little more---
go with 45 and hour thats 1800-------

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I decided not to start a new post so as not to clutter the forums. Here's another question:

What background/education/experience would be needed to work as a pokerroom or casino manager?

Once agian, hypothetical.

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I’d bet that some amount of floor experience is required to be a room manager. And I don’t know any floor who haven’t dealt previously. Education? Probably not much required. Knowing the right people is big as well.

watch TV much?

i dont think you quite understand just how loose the games are even at 20/40.. here up north at foxwoods there are 6 players per flop, just like the lower limits.. i dont care if you play limit or NL.. you need a HUGE bankroll to play for a living whether in NL or limit.. i would also be even willing to say that because of the pure LAG style of players (unless you move up to very high limits) that you would need a BR bigger for LHE than NLHE, because in NL you're playing tighter, and chasing less. LHE is very mathematical but when you're not hitting those draws (which will happen, and it feels like forever when the bad streaks come) you're gonna go through a lot if you're playing correctly in jamming the pot with strong draws.

say you're playing 20/40 and you have a open ended SD and FD, you're looking at pumping that pot for value to sting those guys who are coming in with any pair, suited connectors.. etc.

it takes quite a patient person to play full time, I play $200 $1/$2 NL for a living as a student, and it is more stressful than any other living you can imagine. Do yourself a huge favor and make sure of a few things.

1. your skill level is significantly large over your opposition.
2. you are an established <u>winning player</u>.
3. you can deal withe the stress of losing when you're playing the correct way. (because in cash games, rather than tournaments, you see the losses pile up in front of you)
4. you have enough money put aside so that you can live for six months minimum with no winnings.
5. you have a BR large enough that it is never a thought in your mind. you should also be adding to it whenever you make a larger than normal win streak.

[Riverman]

I think someone just starting out would have a much better chance of making a good amount of money quickly by learning NL. Its so easy to beat the live NL games up to 2-5, and the variance is minimal if you don't adopt a LAG style.

[Bulbarainey]

you could probably live off of 6/12 if thats all you want. make 1 BB/HR, and ur ahead of all the mall employees who somehow make a living from their crappy jobs.

[ThaHero]

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you could probably live off of 6/12 if thats all you want. make 1 BB/HR, and ur ahead of all the mall employees who somehow make a living from their crappy jobs.

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That's something I thought about. How do grown people, with families and such, make a living at Mickey D's, low-level Macy's, Gamestops, etc.? Some are working two jobs, no doubt, but many are working one, and for not much more than minimum wage(no offense to any here). I think I'd much rather play poker for minimum wage/10 an hour than work some crappy job at the mall. So quality of living and the amount you earn is really all relative.

[betgo]

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you could probably live off of 6/12 if thats all you want. make 1 BB/HR, and ur ahead of all the mall employees who somehow make a living from their crappy jobs.

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You can make more than 1BB/hour playing 6/12. Those games are a lot easier than 40/80. Some people don't like a lot of risk. Also low limit requires different skills, less aggressiveness and reading and more knowing when to foldem. I know someone who plays that level professionally and makes 2BB/hour. That's not great, but definately an OK living. However, I having a feeling he would do better playing a little higher.

I said in my reply that you would hear this from the 1BB/hr crew and I say again...it is not that hard to make more than one BB per hour in the games that you play at any big casino from Thursday to Sunday. Anywhere from 6/12 to 15/30 and you should be able to clear somewhere around 200 per day which is better than the managers at all those stores mentioned at the mall. In fact it's better than teachers, cops, firemen, janitors, and lots of other jobs.
Yes you have to give up weekends and yes you have have to be tighter with your money than someone that knows that on every thursday a check is coming but the question was what is the bare minimum...

As for the NL/Limit question - hard to say. More quick money in NLHE for sure but the swings can/will kill you