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Author Topic: What sort of job is poker?  (Read 8302 times)
GreekStein
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« Reply #30 on: July 01, 2009, 11:02:23 AM »

This sure is a great thread for someone who left their job 5 weeks ago, and has just got back from Vegas eager to start their new career as a professional online poker player.

Financially i should be ok, coz i have a comfortable enough amount in the bank and am staked by a good friend for Poker as we all know, but its health aspects that im more worried about.

Want to get into a routine of getting up for 1/2pmish everyday then having a few hours where i can go to the gym or play tennis or watch the racing or see family or whatever before hitting the tourns from 6pm - midnight or later.

Might struggle to maintain that tho.

As a poker pro do you consider being staked in your best interests as a professional?

Surely when you make the move to full time with poker as your predominant/only/main source of income you should be bankrolled sufficiently to have 100% of your own action?

Is it not to your significant disadvantage to be giving up half your profits and having to pay makeup rather than playing a little smaller at the start and having 100% of your own action where surely you would make more money?

Interested to know your take on this and I know I'm probably missing something hugely fundamental as I know a lot of the top online players are staked but as a cash player this is something that has intrigued me a lot about MTT folk.
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DaveShoelace
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« Reply #31 on: July 01, 2009, 11:13:29 AM »

This sure is a great thread for someone who left their job 5 weeks ago, and has just got back from Vegas eager to start their new career as a professional online poker player.

Financially i should be ok, coz i have a comfortable enough amount in the bank and am staked by a good friend for Poker as we all know, but its health aspects that im more worried about.

Want to get into a routine of getting up for 1/2pmish everyday then having a few hours where i can go to the gym or play tennis or watch the racing or see family or whatever before hitting the tourns from 6pm - midnight or later.

Might struggle to maintain that tho.

As a poker pro do you consider being staked in your best interests as a professional?

Surely when you make the move to full time with poker as your predominant/only/main source of income you should be bankrolled sufficiently to have 100% of your own action?

Is it not to your significant disadvantage to be giving up half your profits and having to pay makeup rather than playing a little smaller at the start and having 100% of your own action where surely you would make more money?

Interested to know your take on this and I know I'm probably missing something hugely fundamental as I know a lot of the top online players are staked but as a cash player this is something that has intrigued me a lot about MTT folk.

I often wonder about this too. Lets just say he is playing for 50% of his action and getting staked for $100 MTTs, what's the difference between that and him playing $50 MTTs on his own dime? Where the standard will be softer and the fields bigger (Which is both good and bad). I know in the first case he isnt using his own money, but he still is using an effective bankroll with the makeup.

Obviously loadas variables, such as rakeback/loyalty payments etc. Also, should be get staked into a 'major' and manage to bink it, that might open doors elsewhere for him.

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byronkincaid
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« Reply #32 on: July 01, 2009, 11:16:32 AM »

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but its health aspects that im more worried about.

thought you had to be pretty sick to be an MTT pro  Smiley

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Acidmouse
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« Reply #33 on: July 01, 2009, 11:41:49 AM »

You lot have the village gym 5mins walk away! and David Loyds 10mins in the car (with 15 tennis courts) you have no excuse.

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Claw75
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« Reply #34 on: July 01, 2009, 11:43:00 AM »

You lot have the village gym 5mins walk away! and David Loyds 10mins in the car (with 15 tennis courts) you have no excuse.



is laziness not a valid excuse?  I've been using that one for months when it comes to the gym!
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Acidmouse
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« Reply #35 on: July 01, 2009, 11:45:50 AM »

You lot have the village gym 5mins walk away! and David Loyds 10mins in the car (with 15 tennis courts) you have no excuse.



is laziness not a valid excuse?  I've been using that one for months when it comes to the gym!

Did you see them on the boat? 
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ScottMGee
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« Reply #36 on: July 01, 2009, 11:46:46 AM »

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is laziness not a valid excuse?

I'm just hoping for it to be officially recognised as a medical condition.
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action man
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« Reply #37 on: July 01, 2009, 11:57:39 AM »

in my experience, the only people who leave poker to get a job are either not good enough or used terrible bankroll management.

Its the best job in the world, lets be honest.
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GreekStein
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« Reply #38 on: July 01, 2009, 12:06:37 PM »

in my experience, the only people who leave poker to get a job are either not good enough or used terrible bankroll management.

Its the best job in the world, lets be honest.

First quote is certainly true.

Second quote is very arguable
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dino1980
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« Reply #39 on: July 01, 2009, 12:24:44 PM »

I think a lot of the american wunderkids who are backed by Bax/Sheets/others are backed online for a number of reasons but one of them is that it is the only way they can get backed for large buy-in live tournaments. Due to variance/no way to ever get a true sample size it's simple impossible for pretty much anyone to get a 'live only' backing, so some of them give up some % of their online profits in exchange for live backing, chance to bink a $1mil ($500k)+ score and get sponsorship, there was a massive thread or two on 2+2 about why play MTTs and makeup and Andy Ward (ldo) wrote a good blog about the whole thing (May 11th - EZ Life) http://secretsoftheamateurs.blogspot.com/2009_05_01_archive.html
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maldini32
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« Reply #40 on: July 01, 2009, 12:30:11 PM »

Ive been playing for a living for the last 4 years since i finished uni. When i first left uni i wanted a job within the sport/football industry but i just got lazy and decided to continue to grind cos i was making more than my mates in full time jobs were. Ive lived fairly comfortably bought a few things, been on a few hols, paid rent and bills etc. It used to be alright when some of my mates stayed around to  do their last year at uni or to start their masters, so i always had someone around the house and could in a way continue to live the student life. The last year has been a bit different as most of my mates moved away./started new jobs, so me getting up at gay o clock and having no one to talk to/do stuff with during the day has been dog shit. After all there is only so much Pro Evo you can play.

Recently ive been looking more into getting a proper job that i would want to do, in fact me and a friend have been in touch with our local council about an application to start a coaching academy (its been approved btw). There's been two main reasons why i want a proper job a) so i can have a routine be in contact with normal people (i dont mind degens, but not all the time) and b) get a mortgage, i just think its a bout time i bought a house instead of renting all the time and have a place of my own. Obviously if i bink a massive score i could just buy a house straight up, but i dont particulary run good in decent comps.

Don't get me wrong its been fun and being able to do what i want when i want is cool, but i wanna just be able to do a 'proper' job i love, id still play poker but just not as my only source of income. I wont go for any job though, only something that id be happy with.


Waffling a bit now so ill stop. Anyway thats my 2 cents.
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kukushkin88
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« Reply #41 on: July 01, 2009, 12:44:52 PM »

Very odd to hear a poker profressional say he "doesn't particularly run good in decent comps" seems like a pretty big misunderstanding of the situation. You run pretty much the same as everyone else.
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TheChipPrince
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« Reply #42 on: July 01, 2009, 12:46:47 PM »

I imagine a very rewarding & very frustrating job at the same time...
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maldini32
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« Reply #43 on: July 01, 2009, 12:48:14 PM »

Very odd to hear a poker profressional say he "doesn't particularly run good in decent comps" seems like a pretty big misunderstanding of the situation. You run pretty much the same as everyone else.

Maybe, but that wasnt the point of the post.
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gribbo
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« Reply #44 on: July 01, 2009, 01:25:12 PM »

great thread, especially the 2 plus 2 links.
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