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Time For The Grind To Begin.


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#41 weakdraw

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Posted 26 July 2006 - 08:45 PM

View PostAbbaddabba, on Wednesday, July 26th, 2006, 7:41 PM, said:

People who're laughing at the prospect of playing small stakes for a living probably dont make half of what i make an hour playing a mix of 2/4 and 3/6.
QFT!I know "pro's" that makes 5k+ a month at 1-2 nl.. u cant survive on that ?To OP: If u want people to follow ur blog, u should put on a little info about urself or atleast a mail add..and GL :club:
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#42 Abbaddabba

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Posted 26 July 2006 - 09:08 PM

Im talking about 2/4 and 3/6 limit.A 2BB/100 winner who plays 4 tables of an equal mix between 2/4 and 3/6 will win about $60/hour when you include 100% rakeback (or it's equivalent).

#43 $ STACKED $

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Posted 26 July 2006 - 11:05 PM

yeah i would probably buy STACKED before turning pro...it will teach you ALL you need to know

#44 nell789

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Posted 27 July 2006 - 12:43 AM

haha, he jumps into a 15/30 game with an $1800 roll on his first day of turning pro. OP, I'll be incredibly surprised if you make it.

#45 Abbaddabba

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Posted 27 July 2006 - 02:03 AM

Err.. yeah.Playing 15/30 with 3,000 when you're using your winnings to pay rent is a good indication that you'll fail. Not because you'll bust that one time... but if you tempt fate enough times, it'll **** you up - and if you couldnt control yourself the first day, you probably wont be able to in the future.And it isnt JUST because of "playing out of your bankroll" or other trite advice you hear around here. If you only have $3,000 in your accounts, there's a good chance you just arent good enough to beat games that high. The same is the case for most people who tell tales about huge downswings and how bad hte "variance" is. The vast majority of the time the player just isnt good enough and doesnt know it until it's too late.

#46 Konidias

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Posted 27 July 2006 - 02:22 AM

I agree with Abbaddabba. Bankroll management is freaking EVERYTHING. You just cannot make a living playing poker if you're going to be taking such risk.With your BR 3/6 seems good. You need the cushion. Playing 5/10 is still within your bankroll but only if you stick to 1 or 2 tables, and only if you can win enough to cover your first big losing streak that is right around the corner.I'd much rather go for multi-tabling 2-4 tables of 3/6 than anything, with a $3k BR. It's your safest route and a winning 3/6 player can easily live off of that money monthly.You could have nearly ended your career in one day with the risks you're willing to take.

#47 Abbaddabba

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Posted 27 July 2006 - 04:25 PM

That's actually not the point i was making. :PBankroll management is necessary but not sufficient.Someone who wins at 2BB/100 and receives 100% rakeback needs maybe a 50BB bankroll to have a comparable risk of ruin to a .5BB/100 winner with a 1000BB bankroll.How big a winner you are is more important than how big your bankroll is. Most people overestimate how good they are and just assume that they're beating it for X amount. And most of them are shocked when they have a Y sized downswing, and complain about variance. They then post it on a message board looking for sympathy, and everyone says "dude, you should have played within your bankroll". That usually isnt the problem. The problem is that they just arent very good but have deluded themselves into believing that they're pro stars.

#48 Golden

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Posted 27 July 2006 - 04:44 PM

I'm always up for a TP/MM blog...
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#49 Spence

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Posted 27 July 2006 - 10:31 PM

anything for you Golden :club:
QUOTE(Ron_Mexico)
Anyway, she did mention that he had a huge penis and it didn't fit into her the first time. I was jealous. I was sure it woulda fit into me.

#50 SwamiSwan

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Posted 28 July 2006 - 09:19 AM

I think professional poker players are going the way of the dinosaur and dial up. The pros of today are saturated in self promotion and website pumping because poker has no viable future. Why? Ruinous competition and steadily increasing amature player sophistication. The fish will eventually metamorphosize into pikers. Its Darwin, baby. In 5 years the game will need to take a quantum leap, and I just don't see how it can go beyond 'gambling'; once all the advantages pros enjoy today are eliminated. Even with ability and cards, odds defying suck-outs do occur. Poker will go the way of the fifteen minute rock star, the one hit wonder; all televised. kinda like "Survivor" or "Who wants to be a rock star?"Direct correllation: As time (Years) increases, Professionals Poker Players temporarily increases (more sharks swim to the scent of blood), Food Source (Fish) Decreases, Professionals attempt to consume each other when faced with limited food resources (already doing this), therefore as time goes by there will be less pro poker players and more flash in the pan 15 min of fame players, who should then buy real estate and stocks with their winnings (like the smarter pros are doing) or promoting themselves with poker websites.But who cares regular jobs suck and that may not happen for a while. But a major concern is those assh oles in congress trying to eliminate online gamming: Moral Hypocrites nontheless, the politicians are listening to the anti gaming lobby. Good luck out there.
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#51 Squamch

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Posted 28 July 2006 - 09:44 AM

Although I would recommend the temp job too, you probably have a few months living expenses in your bankroll, so as long as you don't gamble that, all the power to you. The blog is awesome! I'll be following and rooting for you.
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#52 Dratj

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Posted 28 July 2006 - 10:32 AM

View PostSquamch, on Friday, July 28th, 2006, 9:44 AM, said:

Although I would recommend the temp job too, you probably have a few months living expenses in your bankroll, so as long as you don't gamble that, all the power to you. The blog is awesome! I'll be following and rooting for you.
he doesn't have a few months living expenses in his bankroll. It's just under 3k now.

#53 Spence

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Posted 28 July 2006 - 10:53 AM

I've got 4k more I've got the stock market I decided to play with I can use if needed, and I've got some more money in the bank. This BR will not have money taken out of it, if anything it will have money added to it as I learn I can beat games consistently.
QUOTE(Ron_Mexico)
Anyway, she did mention that he had a huge penis and it didn't fit into her the first time. I was jealous. I was sure it woulda fit into me.

#54 blueodum

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Posted 28 July 2006 - 11:08 AM

The fish will eventually metamorphosize into pikers. Its Darwin, baby. In 5 years the game will need to take a quantum leap, and I just don't see how it can go beyond 'gambling'; once all the advantages pros enjoy today are eliminated.Wrong on so many levels.The online LHE games are much tougher now than they were 2 years ago because more and more people are reading up on the basic strategies and the very worst players have switched over to NL. Still, I am able to make a consistent profit in these games up to and including 5/10 (I've dabbled in 10/20 too). There will always be better and worse players, even if the overall quality of the players improves. Some players who WERE winning players will find that their strategies are no longer effective - they will have to adapt or perish. Some established pros will find out that the poker world has passed them by in terms of skill level.No matter what happens in poker, the top 5% of players will be able to make a comfortable living; the next 10% will earn enough scratch to get by; the next 15% will break even after the rake, and the rest (70%) will be losing players.Now, a lot depends on how many active players there are. The way poker is growing worldwide, there might be 100 million regular players before we see a peak. 5% of 100 million is 5 million - that's a lot of pros. But if poker fades so that there are only 5 million regular players worldwide that still leaves 250 000 successful "pros".Long term, poker is a gambling game (wagering game, I think, is more accurate) but it is not "gambling". The best players in the game will eventually get the money. And "best" is a relative term. So yes, it's a Darwinian struggle. But there will always be winners no matter how tough it gets.
"You shouldn't even care whether you win the pot. You should only care about making the correct decisions. Making quality decisions is the only thing you get paid for in poker." - Mike Caro

#55 schnoodle_C

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Posted 28 July 2006 - 11:43 AM

There was a guy who posted weekly on 2+2 about making a living and supporting his family playing mostly 3/6 limit, 3 tabling. He made around 80 grand in one year playing around 45 hours/wk if I remember correctly. Some people around here might remember him. There is a site somewhere with a link into the 2+2 archieves with each weekly post.

#56 spikymarv99

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Posted 28 July 2006 - 12:14 PM

I dont want to rain on anyone's parade bc I honestly support people doing what their heart tells them to, BUT your not going to make any money playing 3/6 one table at a time. To make anything decent at that limit, you need to play upwards of 8 tables at once. This coupled with rakeback and bonuses would be good. If your a solid winning player, that plan will net you roughly 90,000/year before taxes. You should get a job, bc as of now this isn't a career for you. If I may ask, what job did you have before? Are you currently in school?Just finished reading the entire thread.DUDE... go for it, your in college who cares. Try poker for a living, it's not a big deal. I thought you wanted to play professionally, like with a mortgage and car payments, etc.... If all else fails call mom with a sob story

#57 Spence

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Posted 28 July 2006 - 12:24 PM

Thanks for the support Spiky.
QUOTE(Ron_Mexico)
Anyway, she did mention that he had a huge penis and it didn't fit into her the first time. I was jealous. I was sure it woulda fit into me.

#58 nachunja

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Posted 28 July 2006 - 10:05 PM

i just wanna add to playing within your bankroll thingjust another example of playing-out-of-bankroll-gone-wrongi've made thousands and lost thousands fast and quick because of taking big shots. played 25/50 limit with 2k and lost it all before i could finish my drink.i am broke and it just brings down your self-esteem.if you can control your own discipline i think you are half way there.i definately wont be able to be a good player unless i fix my mindset.college student, are you? what are you studying and how old are you
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#59 Spence

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Posted 29 July 2006 - 04:04 PM

I'm on my last semester and im majoring in Computer Information Systems with a minor in business. 23 Years old.
QUOTE(Ron_Mexico)
Anyway, she did mention that he had a huge penis and it didn't fit into her the first time. I was jealous. I was sure it woulda fit into me.

#60 Konidias

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Posted 29 July 2006 - 04:59 PM

View PostSwamiSwan, on Friday, July 28th, 2006, 1:19 PM, said:

I think professional poker players are going the way of the dinosaur and dial up. The pros of today are saturated in self promotion and website pumping because poker has no viable future. Why? Ruinous competition and steadily increasing amature player sophistication. The fish will eventually metamorphosize into pikers. Its Darwin, baby. In 5 years the game will need to take a quantum leap, and I just don't see how it can go beyond 'gambling'; once all the advantages pros enjoy today are eliminated. Even with ability and cards, odds defying suck-outs do occur. Poker will go the way of the fifteen minute rock star, the one hit wonder; all televised. kinda like "Survivor" or "Who wants to be a rock star?"
The pros today are into self-promotion because it's big bucks. It's easy money. You get paid large sums of cash to have your face/name on merchandise. Athletes do it too but you don't see anyone saying that professional football or basketball or hockey is going the way of the dinosaur.You say that more fish are becoming skilled, but guess what? There are more fish playing poker now than EVER BEFORE. There always will be far more fish than there are skilled players. Way back in the day, a pro was lucky to run across some suckers in a casino, now they are flooded all over the internet. All you have to do is sit down and take their money. If anything, the amount of money to be made from these newcomers is more than you could ever need.The reason pros self-promote and get endorsed is because it's a lot of money for very little work. Also, some people just like the fame and celebrity status. I mean how many celebs has Daniel met? Hundreds at least.Anyway, back on topic...I cleaned up yesterday Spence, you should have been there. I sat with $100 at a $5/$10 and turned it into $1000 in an hour lol. I use the little yellow ! marker to indicate the fish/free money players and the whole table was pretty much the yellow ! markers lol.That's another interesting point to make. Table selection can mean EVERYTHING. You don't want to sit with a bunch of loose-aggressive players in a shorthanded game. But loose-passives? PLEASE SIR MAY I HAVE SOME MORE?! :club:




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