Thinking of taking the plunge into Professional Poker

On Mar 10 2008 7:34 AM, Preston wrote:

> On Feb 12, 4:27=A0pm, "Irish Mike" wrote:
> > "PS. Man Beaten by Jacks can go F himself."
> >
> > Hey bucko, you can't just jump to the front of the line! =A0There are a lo=
> t of
> > us on RGP who want to tell Jacks to go fuck himself. =A0So wait your turn.=
>
> >
> > Irish Mike"Preston" wrote in message
> >
> > news:0411bdb1-bfb2-4f0f-aec9-128349c6f06e@d21g2000prf.googlegroups.com...
> > On Feb 11, 4:13 am, "Irish Mike" wrote:
> >
> >
> >
> > > "On Mon, 11 Feb 08 2:48:50 GMT, Gary Carson
> >
> > > wrote:
> > > >Actually, I don't think I've ever known a professional poker player who=
>
> > > >didn't
> > > >have some form of alternative income.
> >
> > > Or at least they quickly developed one if
> >
> > > >they wanted to stay a pro. For some it's a pension, for some a wife wit=
> h
> > > >a
> > > >job, for some running errands for a drug dealer every once in a while,
> > > >for
> > > >me it was free lance magazine writing, for some it was hooking, for som=
> e
> > > >making book, for >some selling rolex fakes."
> >
> > > Jesus wept! I am seeing RGP history being made. I actually agree with
> > > everything Gary Carson said in the above referenced quote! Please excuse=
>
> > > me
> > > now, I have to go throw-up.
> >
> > > Irish Mike
> >
> > People seem to have read a lot into my post and questions that wasn't
> > actually there.
> > My daughter is well cared for. My ex-wife is an attorney and provides
> > well for my daughter. I do have to make the monthly
> > child support payment, and that's a big part of the monthly cost, but
> > Avery will be cared for.
> >
> > In terms of finding employment, poker is just an option I'm toying
> > with. Realistically it's one of four different career paths:
> > 1. Poker
> > 2. Go to graduate school and become a professor
> > 3. Become a stock trader (I've been offered a position)
> > 4. Become a stock broker (I've been told I can start whenever I decide
> > I want to)
> >
> > Becoming a professor is probably most suitable to my personality, but
> > the pay for grad students and post grad students is just so poor. I
> > was ironic given that most people were criticizing the $65K a year
> > given that they figure anyone could make $120K at a real job. Most
> > professors make less than $50K a year. It's only after long hours and
> > tenure that you get more, and that's a decade down the line.
> >
> > As for being a stock broker, the pay is pretty good if I really
> > dedicate myself to it. But it seems like a job I might burn out on and
> > I'm trying to be sensitive to that. It's also a job that demands a lot
> > of time, so it would prevent me from doing much supplemental income
> > such as poker.
> >
> > As for stock trader, it seems more or less just like poker. There are
> > firms that bring you on board after you put up some of your own money
> > and teach you their trading platforms and techniques in the hopes that
> > you'll become a big player with them after a few months. It's sink or
> > swing and there are a lot of analogies to poker, except that the
> > trading community seems the opposite of the poker community in that
> > poker seems strangely negative about the idea that anyone could really
> > make it while the trading community seems overly positive about the
> > idea that anyone can make it.
> >
> > Anyway, I was just trying to figure out how realistic the poker piece
> > was. As it is, I'm going to give stock trading 6 months and see if it
> > works. if not, then it's either back to school or to being a broker.
> > But I have been told by the company that wants me to trade from them
> > that novice traders don't make much money in the first few months, so
> > I was looking to supplement my income with some $15-30. A grand or two
> > a month, which should be easily doable if the 1 BB an hour is at all
> > valid, would go a long way towards tiding over either my school career
> > or my trading career.
> >
> > I appreciate the feedback i've gotten.
> >
> > Cheers,
> > Preston.
> >
> > PS. Man Beaten by Jacks can go F himself.
>
> I've played 26 hours this week and won a total of $2092. Thanks for
> the Grilled cheese advice Mr. Carson. I'm sure it will never come in
> handy.

Keep this post for when you have played 30 hours in a week for a -$2500 profit.

Swings happen.

Chris
----------------------
No point in being pessimistic. It wouldn't work anyway. - 6ballman - Feb 2007



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 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

On Mar 12 2008 12:50 PM, John_Brian_K wrote:

> > Keep this post for when you have played 30 hours in a week for a -$2500
> > profit.
> >
> > Swings happen.
> >
> > Chris
> > ----------------------
> > No point in being pessimistic. It wouldn't work anyway. - 6ballman - Feb
> > 2007
>
> Chris,
>
> I bought the hot sauce! Now I just have to take my lazy ass to the
> post office!

Perfect. I can't wait. I am running a 30km (18.6 miles) race at the end of the
month. If it makes it here in time i am going to make a batch of wings using it
as my reward.

Chris
----------------------
No point in being pessimistic. It wouldn't work anyway. - 6ballman - Feb 2007



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 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

You want to be a professional poker player? Easiest thing in the world.
Quit you job and start playing poker every day. It won't take long for you
to learn if it was a good move.

Irish Mike


"Will in New Haven" <bill.reich.RemoveThis@taylorandfrancis.com> wrote in message
news:1c1c75ad-36b3-433d-9eba-d5c42660c747@a70g2000hsh.googlegroups.com...
On Mar 12, 11:48 am, John_Brian_K <John_Brian_Kent_1....RemoveThis@yahoo.com>
wrote:
> > The only time in my life that I didn't enjoy playing bridge is when I
> > played bridge for a living for awhile in New York. Part of that was
> > the fact that I had to play one set out of four with the biggest idiot
> > at the table, part of it was that the other two guys were idiots also.
> > Part of it was that my income never made it really worthwhile to
> > commute from New Haven or live in Manhatten. But mostly it was because
> > the game became a job.
>
> > The only time in my life that I didn't enjoy playing poker was when I
> > was playing _lots_ of poker and putting the money together for my
> > share of the condo. It was worth it, it's a nice place to live. But it
> > made poker distasteful to me and that lasted for months afterward. I
> > like the game again. I play one or two days most weeks.
>
> > Will in New Haven
>
> Will,
>
> I know you think I am an idiot, but I agree with almost all of your
> posts. Except for the ones where you call me an idiot.

You don't know that I think you are an idiot. All you know is that I
_say_ that I think you are an idiot.

Only an idiot would believe me.

Will in New Haven

--
 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

On Mar 12 2008 7:36 PM, Irish Mike wrote:

> You want to be a professional poker player? Easiest thing in the world.
> Quit you job and start playing poker every day. It won't take long for you
> to learn if it was a good move.
>
> Irish Mike
>
>

This is the only way to know if you have what it takes in any job.

Poker as a hobby for 40 hours a week still doesn't add the presure you will have
if that regular paycheck is not there to cover the bills.

2 things keep me from going pro

1) Skill.
2) Assurance I will get the $ per month required to maintain my lifestyle.

Chris
----------------------
No point in being pessimistic. It wouldn't work anyway. - 6ballman - Feb 2007



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 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

On Mar 13 2008 12:17 PM, CHarrison100 wrote:

> 2 things keep me from going pro
>
> 1) Skill.
> 2) Assurance I will get the $ per month required to maintain my lifestyle.

I'll add mine:

3) complete hatred for the game of poker

---
Morphy
xaqmorphy DeleteThis @donkeymanifesto.com
http://www.donkeymanifesto.com

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 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

"CHarrison100" <43084071.TakeThisOut@recpoker.com> wrote in message
news:1205428653$1116758@recpoker.com...
>
>
>
> On Mar 12 2008 7:36 PM, Irish Mike wrote:
>
>> You want to be a professional poker player? Easiest thing in the world.
>> Quit you job and start playing poker every day. It won't take long for
>> you
>> to learn if it was a good move.
>>
>> Irish Mike
>>
>>
>
> This is the only way to know if you have what it takes in any job.
>
> Poker as a hobby for 40 hours a week still doesn't add the presure you
> will have
> if that regular paycheck is not there to cover the bills.
>
> 2 things keep me from going pro
>
> 1) Skill.
> 2) Assurance I will get the $ per month required to maintain my lifestyle.
>
> Chris
> ----------------------
> No point in being pessimistic. It wouldn't work anyway. - 6ballman - Feb
> 2007
>

Well if you don't have the skill and you are afraid of risk, professional
poker may not be the ideal profession for you. I have never agreed with the
old saying that "poker is a hard way to meak an easy living". There 's
nothing easy about it. Playing poker professionally is a job with no
salary, no draw and no commission. There is no paid vacation, sick days or
holidays. There are no medical, dental, vision, life insurance or health
care health care benefits of any kind. There is no pension, 401K, stock
options, profit sharing, expense account or savings plan benefits. And,
there will be days when you leave home, put in a twelve or fourteen hour
day, and come home with less money than you started with.

BTW, what do you call a professional poker player who's girl friend lost her
job? Homeless.

Irish Mike



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 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

On Mar 13, 1:22 pm, "XaQ Morphy" <a1c5... RemoveThis @webnntp.invalid> wrote:
> On Mar 13 2008 12:17 PM, CHarrison100 wrote:
>
> > 2 things keep me from going pro
>
> > 1) Skill.
> > 2) Assurance I will get the $ per month required to maintain my lifestyle.
>
> I'll add mine:
>
> 3) complete hatred for the game of poker
>
> ---
> Morphy
> xaqmor... RemoveThis @donkeymanifesto.comhttp://www.donkeymanifesto.com
>
> _____________________________________________________________________ 
> RecGroups : the community-oriented newsreader :www.recgroups.com

I haven't been able to play much in the last couple of weeks. I still
maintained some work while I'm trying this poker thing out. That and
my daughter is going to be on spring break all of next week and I'm
going to take her to Disneyland.

I have been able to play an additional 11.5 hours over the past couple
of day and won an additional $1472 over that time frame. I am aware
that I have been running well, but I am also aware that I am not just
beating this game- I'm smashing it to little pieces. Will swings
happen, of course they will. In some ways I find the most difficult
task at the poker table is to resist the urge to just take a small
profit early and run. I have to mentally go through the exercise of
being prepared to lose it all in order to keep me from becoming tight
and timid.

The long posted general rule is that a pro player will need a bankroll
of 300 big bets. I'm not saying I believe that, but I will say that if
I win 300 big bets then no one should be able to say that I suck at
this game and just getting lucky. At that level of winning, I think
statistics says it's not luck.

So far in the month of March i've logged 37 hours and won $3527.
That's over 100 big bets. My goal is to make it to 300 big bets won
and then I feel I can have confidence in what I do and move up to a
bigger game.. I'll post my progress here periodically.
 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

I think
> statistics says it's not luck.

Muther Fucker,

I can't believe you can spell statistics. I'm glad you're doing well,
enjoy it while last. Please just shut the fuck up and die not to smell
badly.


--
bigjimmf1
 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

bigjimmf1 wrote:
> I think
>> statistics says it's not luck.
>
> Muther Fucker,
>
> I can't believe you can spell statistics. I'm glad you're doing well,
> enjoy it while last. Please just shut the fuck up and die not to smell
> badly.
>
>
*die far

--
bigjimmf1
 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

bigjimmf1 wrote:
> I think
>> statistics says it's not luck.
>
> Muther Fucker,
>
> I can't believe you can spell statistics. I'm glad you're doing well,
> enjoy it while last. Please just shut the fuck up and die
AHHH
far to not smell badly.


>
> !!!1


--
bigjimmf1
 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

"bigjimmf1"

> far to not smell badly.

Go ahead and fix the split infinitive too.
 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

On Mar 23, 5:00 pm, "da pickle" <jcpickels@(nospam)hotmail.com> wrote:
> "bigjimmf1"
>
> > far to not smell badly.
>
> Go ahead and fix the split infinitive too.

Here's the April update. I played roughly 92 hours in the month of
April. I earned roughly $2250 over that time. Over the 180+ hours I've
been playing in the last few months, I've been averaging 1.3 big bets
per hour. My total winnings over that time are roughly $7600, which
puts me in spitting distance of $9000. At that point, I will have won
300 big bets and should have statistically proven that I'm better than
a break even player.

Give my love to all the haters.
Preston
 >> Stay informed about: Thinking of taking the plunge into Professional Poker 

On Thu, 1 May 2008 14:15:25 -0700 (PDT), Preston
<prestonpoulter RemoveThis @hotmail.com> wrote:

>On Mar 23, 5:00 pm, "da pickle" <jcpickels@(nospam)hotmail.com> wrote:
>> "bigjimmf1"
>>
>> > far to not smell badly.
>>
>> Go ahead and fix the split infinitive too.
>
>Here's the April update. I played roughly 92 hours in the month of
>April. I earned roughly $2250 over that time. Over the 180+ hours I've
>been playing in the last few months, I've been averaging 1.3 big bets
>per hour. My total winnings over that time are roughly $7600, which
>puts me in spitting distance of $9000. At that point, I will have won
>300 big bets and should have statistically proven that I'm better than
>a break even player.
>
>Give my love to all the haters.
>Preston

Don't even give a thought to Mr.Variance looking over your shoulder.

Keep in touch.
 >> Stay informed about: Thinking of taking the plunge into Professional Poker