πŸ’° Playing Poker for a Living in – Is It Still Worth It?

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Playing for a living requires extreme mental discipline and a steady game plan. It's a good idea to record how many hours you play each day and what your total​.


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But a small percentage of players actually use poker to earn a living. Best believe that when money is at stake, your opponents will be evolving rapidly." 3. emotion played out in its purest natural form over a game of cards.


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The TRUTH about PLAYING POKER for a LIVING!

I can survive as a grocery store cashier if I needed to until i got back into manufacturing. Survival itself is a form of achievement, and with a career before poker I can choose to think of my current situation as a prolonged retirement. To put it another way, if you are the kind of individual with the intellectual and emotional skills to succeed at poker, it is a given that you could succeed in a host of other entrepreneurial endeavors that offer far greater stability and easier financial rewards than does poker. What do you think is holding you back? It is good I did because nearly everything that could go wrong did go wrong. Live the dream and see how it feels. Then again, there is a totally different way to look at this, and probably the one you want to hear.{/INSERTKEYS}{/PARAGRAPH} If the wheels ever fall off the Kat poker-wagon, my Plan B is to offer my tutoring services to them. I know this. How does someone with your intelligence and work ethic Im assuming one must have good study habits to obtain a Ph. There is so much truth in this article. But this is a treacherous food pyramid and becoming an apex predator is not the easy journey that many seem to assume. I think I can make more money playing poker. I frequently hear neophyte grinders mention figures of what they expect to soon be pulling in completely out of step with what veterans actually bank. Few appear to have a well-developed plan, and fewer still have a Plan B. In addition to your technical decisions being compromised by a short roll, your ability to play well will further deteriorate because of emotional stress. This in turn means you need a sufficient bankroll such that you can make these plays without worrying about what the chips you place in play could buy. I mention this not in an attempt to illustrate how clever I am, but because without this prior career I think I would find my current situation a little depressing. However, as I moved up the greasy pole of academia I found myself spending more time on committees that spent weeks considering proposals for an expansion of the main parking garage and similar nonsense and decided I needed a new challenge. I came out here with a plan A, B, C and D. In taking on an adventure like this, being conservative is not a bad thing. All in all, a very nice value. I pay a month in rent, my phone bill is covered, my only other expenses is car insurance, health insurance and groceries. If you are willing to have housemates and such, you could go cheaper. You want to buy a house. Playing hours of poker a month is not a never-ending party in the dazzling lights of Vegas. Making a basic living at poker is difficult, and making a lucrative one requires the highest levels of self-motivation, study, emotional control, and probably some innate ability at the game. For multiple life and poker reasons that are not particularly interesting, this plan faltered. The conventional wisdom in modern NLHE is that the highest hourly comes through employing high-variance plays. I am admittedly a liferoll Nit. I admire you greatly for doing what you wanted to do and making a life at it, glamor or no. Have a good start on the retirement contributions. Try and live in a neighborhood with a rental car. Oh, you been saving for retirement? I am good for a recreational players but a fish to the sharks such as yourself. It was this switch in my primary game that led to, among other things, becoming a subscriber at RCP. I have over k hands played on ACR, one of the toughest online rooms out there. Three years later, you own a condo. Where does this number come from? I love the realism in this article. Im not trying to be argumentative, I just want to make sure all factors are considered. The issue is the more you play the more you have to put in seat time in quieter time-slots and seasons. I appreciate the great response Doug! It can be done. Play a ton on the weekends and nights. I highly recommend it if and only if you come out over-rolled and over-skilled for the games you will play. Just over a decade ago I quit my job to play poker for a living. I feel the same way. The main reason given for why people want to become professional poker players , beyond a love for the game, is that these individuals want autonomy. But consider this. I enjoy your writing. I genuinely think my situation is somewhat unusual. Keep the day job, save like a mad man, live frugal. I burned through plans A, B, C pretty quickly. Words of wisdom Professor Kat! Your living expenses just went down seriously. I am admittedly a liferoll nit. Poker and game theory in general are two areas that continue to evolve. Any city that contains colleges also contains college students, a significant fraction of whom are compelled to take courses in math and physics. Good article. At the time of Black Friday I was mostly grinding tournaments, sit-n-goes and cash-game Omaha variants at online American poker sites. Save your vacation time and come to Vegas for as long as you can all at once, maybe three weeks straight. Once ive saved up enough, should I play poker for a living? I dont like what I do. Fair question. Taxes and Health Insurance β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€” Just a rough estimate we got you at hours a month or 30 hours a week. That said, I am 43 and all I got to do is break even until retirement kicks in. My back up plan, honestly is that my cost of living is insanely cheap. A large part of it is I see a lot of value in the Caesars loyalty program which means playing at CET properties. {PARAGRAPH}{INSERTKEYS}This is the first in a series of articles about playing low-limit NLHE. You should be. Maybe you get a renter and the condo essentially gets you a free place to live. Since live poker in Kansas was a little thin on the ground, it was apparent I would have to move. Emulate the experience. I just bought a condo in Vegas that would fit your goals. As a frequent visitor to Las Vegas for years, my relocation destination was obvious. Saving like mad during my 15 year engineering career has given me what most people are looking to from poker: Time. I am currently in Vegas on vacation and cannot stop laughing about these young boys in sweatpants with backpacks. If you play this game only occasionally or grind out hundreds of hours a year, these articles aim to help you play the game more profitably and with greater enjoyment. They want to sleep until noon and adopt a professional schedule solely determined by themselves. I think two things though that you might have missed in my original post is that my cost of living right now is not 1. I detest the current state of higher education and do not want to work in a trade. I then transitioned into academia where I ultimately became a tenured university professor with a pleasing balance between teaching and research. It has the potential to pretty much destroy a better future for the young guys. First, I had already had what most would consider a successful, albeit truncated, career. I was living in a decent sqft apartment, utilities included. I hope this will provoke discussion about life in the shallow end of the NLHE pool. If it is viable, the visit should be self funding if you find a good airBnb or some such. I wonder how much the location affects the win rate. And perhaps more importantly, my past also gives me a Plan B. Certainly some get there. You come out here properly rolled with proven skills, you can not fail. In places I will take issue with Red Chip Poker orthodoxy and disagree with RCP founders and coaches even though they are better at poker than me. He quit because the swings affected him too much emotionally. So your day job was probably much more valuable. In your opinion, what are the top earners playing over 1,hrs a year making as an hourly? Now, you are set up for success while building up your skills. Now I have lots of different passive to semi-passive income streams, play some cards, and ride motorcycles around. Unless you have remarkably low requirements for where and how you live, the only way to secure a semi-comfortable lifestyle is through poker volume.