πŸ– Playing Poker for a Living - A Complete Breakdown β€” Mayank Jain

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Online gaming in India is rising steadily, particularly card games. (GPI), a patent-pending ranking system that classifies the world's top poker.


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Playing Poker for a Living in – Is It Still Worth It?
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8 Live Poker Tips That Will Put More Cash in Your Pocket
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I am not the best poker player in the world. information that you can use to hopefully propel your game to the next level and play for a living.


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I am not the best poker player in the world. information that you can use to hopefully propel your game to the next level and play for a living.


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If you play this game only occasionally or grind out hundreds of hours a year, Just over a decade ago I quit my job to play poker for a living. rate at $1/2 is, I have a pretty good idea of what the better Vegas players make.


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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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That said, live games are usually a lot easier to beat than online ones. Playing tighter is usually better when the limper is a good player or a.


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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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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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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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That said, live games are usually a lot easier to beat than online ones. Playing tighter is usually better when the limper is a good player or a.


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My back up plan, honestly is that my cost of living is insanely cheap. I then transitioned into academia where I ultimately became a tenured university professor with a pleasing balance between teaching and research. First, I had already had what most would consider a successful, albeit truncated, career. For multiple life and poker reasons that are not particularly interesting, this plan faltered. It has the potential to pretty much destroy a better future for the young guys. I can survive as a grocery store cashier if I needed to until i got back into manufacturing. If it is viable, the visit should be self funding if you find a good airBnb or some such. But this is a treacherous food pyramid and becoming an apex predator is not the easy journey that many seem to assume. I know this. I admire you greatly for doing what you wanted to do and making a life at it, glamor or no. I detest the current state of higher education and do not want to work in a trade. Try and live in a neighborhood with a rental car. I wonder how much the location affects the win rate. I am admittedly a liferoll nit. Playing hours of poker a month is not a never-ending party in the dazzling lights of Vegas. Since live poker in Kansas was a little thin on the ground, it was apparent I would have to move. And perhaps more importantly, my past also gives me a Plan B. 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. The conventional wisdom in modern NLHE is that the highest hourly comes through employing high-variance plays. 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. Where does this number come from? As a frequent visitor to Las Vegas for years, my relocation destination was obvious. I am admittedly a liferoll Nit. I genuinely think my situation is somewhat unusual. I dont like what I do. Have a good start on the retirement contributions. 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. Then again, there is a totally different way to look at this, and probably the one you want to hear.{/INSERTKEYS}{/PARAGRAPH} They want to sleep until noon and adopt a professional schedule solely determined by themselves. I appreciate the great response Doug! It is good I did because nearly everything that could go wrong did go wrong. Poker and game theory in general are two areas that continue to evolve. 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. There is so much truth in this article. 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. You should be. 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. Three years later, you own a condo. At the time of Black Friday I was mostly grinding tournaments, sit-n-goes and cash-game Omaha variants at online American poker sites. But consider this. Your living expenses just went down seriously. I have over k hands played on ACR, one of the toughest online rooms out there. 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. A large part of it is I see a lot of value in the Caesars loyalty program which means playing at CET properties. It can be done. Now, you are set up for success while building up your skills. That said, I am 43 and all I got to do is break even until retirement kicks in. Good article. Im not trying to be argumentative, I just want to make sure all factors are considered. If the wheels ever fall off the Kat poker-wagon, my Plan B is to offer my tutoring services to them. I enjoy your writing. How does someone with your intelligence and work ethic Im assuming one must have good study habits to obtain a Ph. In taking on an adventure like this, being conservative is not a bad thing. I just bought a condo in Vegas that would fit your goals. I came out here with a plan A, B, C and D. I am currently in Vegas on vacation and cannot stop laughing about these young boys in sweatpants with backpacks. I highly recommend it if and only if you come out over-rolled and over-skilled for the games you will play. I hope this will provoke discussion about life in the shallow end of the NLHE pool. I feel the same way. Emulate the experience. 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. 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. Keep the day job, save like a mad man, live frugal. I pay a month in rent, my phone bill is covered, my only other expenses is car insurance, health insurance and groceries. In your opinion, what are the top earners playing over 1,hrs a year making as an hourly? Certainly some get there. In addition to your technical decisions being compromised by a short roll, your ability to play well will further deteriorate because of emotional stress. Saving like mad during my 15 year engineering career has given me what most people are looking to from poker: Time. He quit because the swings affected him too much emotionally. 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. It was this switch in my primary game that led to, among other things, becoming a subscriber at RCP. What do you think is holding you back? Just over a decade ago I quit my job to play poker for a living. Now I have lots of different passive to semi-passive income streams, play some cards, and ride motorcycles around. Any city that contains colleges also contains college students, a significant fraction of whom are compelled to take courses in math and physics. The issue is the more you play the more you have to put in seat time in quieter time-slots and seasons. I was living in a decent sqft apartment, utilities included. All in all, a very nice value. Live the dream and see how it feels. {PARAGRAPH}{INSERTKEYS}This is the first in a series of articles about playing low-limit NLHE. I think I can make more money playing poker. Maybe you get a renter and the condo essentially gets you a free place to live. Play a ton on the weekends and nights. Fair question. 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. 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. Words of wisdom Professor Kat! Once ive saved up enough, should I play poker for a living? I love the realism in this article. Save your vacation time and come to Vegas for as long as you can all at once, maybe three weeks straight. I burned through plans A, B, C pretty quickly. So your day job was probably much more valuable. I am good for a recreational players but a fish to the sharks such as yourself. 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. If you are willing to have housemates and such, you could go cheaper. You come out here properly rolled with proven skills, you can not fail. Oh, you been saving for retirement? You want to buy a house.