Playing poker for a living isn’t easy, and often isn’t all it’s cracked up to be, so don’t make any rush decisions In the online arena, things have become very tough. It is still possible to win, but you need to be prepared to work really hard and learn to use software to select tables, track stats, and more. Jun 07, 2014 Making a living playing poker on Bovada? Making a living playing poker on Bovada? Players here make a living playing poker on Bovada? If so, would you share some of your thoughts and experiences? Granted I wasn't playing on there to make a living as I. Aug 04, 2017 Spoiler alert. In this video I do what every poker player dreams of doing. I talk about quitting my full-time accounting job to pursue playing poker for a living. I'll be selling my belongings. 3 Tips for Playing Video Poker for a Living. You think you're ready to play video poker for money? Well, you can always use a little advice, right? Here are some tips to help you get started. Tip - Start off with an ample bankroll. Like a business, video poker needs capital. You want a bankroll that's at about 3-5 times the royal.

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Poker For A Living

May 23, 2013 Would you like to make a living playing poker? After all, what could beat playing cards for a living? The thing about making serious money at poker is.

You’ve probably heard interviews or read articles before with professional poker players talking about the glitz, glamor, and occasionally the hard work that goes into making poker your living. The problem with a lot of these articles and interviews, though entertaining, is that they often neglect to give you precise details and raw insight into the who, what, when, where, and how of being a professional poker player.

If you’re serious about pursuing poker as a profession, you need to have an accurate depiction of what it’s like and actionable steps that you can take to get yourself closer to that goal. Today, I’m going to do my best to walk you through as much of this as I can and hopefully give you some insight into the lifestyle and what it takes/how to get there.

Why You Should Listen to Me

I am not the best poker player in the world. I am not even close. However, I have been playing professionally for over 12 years with poker being my sole source of income. I have made a lot of money from poker and lived a pretty great life because of it. None of this is being said to toot my own horn, but merely to let you know where all this information is coming from.

While it’s great to aspire to be the next Phil Ivey, it’s not realistic. Aspiring to be the next me is much more feasible. If I were forced to classify myself throughout my career, I would say I’m an upper middle of the road player. On average, I make six-figures a year from playing poker. I have had some years under that and some years creeping up the ladder, but that’s a good average for my career without getting into exact specifics.

It should also be noted that I was mainly a tournament poker professional and played minimal cash games. I did have a lot of close friends that played cash for a living, though, so I do have a lot of insight there I can offer. It will be from an observer’s point of view. This article is directed at any form of poker for a living but may seem slightly skewed towards tournament pros.

The purpose of this blog is to give you a REALISTIC look into what it’s like to be a professional player and give you REALISTIC information that you can use to hopefully propel your game to the next level and play for a living. I’m not here to glamorize the lifestyle or to try and make myself look cool. I’m merely posting this to try and help out aspiring professionals know what the game might have in store for them.

Things You NEED to Know

Most people have an overly-glamorized view of what it’s like to be a professional poker player. It’s a lot like looking at what someone’s life is like by looking only at their social media feeds. You’re getting a highlight reel of the best moments and never seeing any of the downsides. Now, I’m not saying the career of being a professional poker player is bad in any way. I’m just saying that there are a few things we need to clarify before we go any further.

Again, remember that all of this is in regards to most poker pros. If you happen to end up being one of the best in the world, your experiences are going to be different.

Professional Poker is Not as Glamorous as You Might Think

Booo, here comes the buzzkill. Being a professional poker player is not as great as everyone makes it out to be or the movies might lead you to believe. Also, professional poker players probably don’t make as much money as you think they do or that they may lead you to believe.

Why? Poker winnings are often reported as winnings, not as profit. You may see that someone has $5 million in winnings. Does this mean they made $5 million? Nope. This means that they cashed for $5 million in tournaments, but you have to subtract out all of the buy-ins including all the tournaments that they lost and didn’t make any money.

Tournament poker pros usually cash somewhere around 20% of the tournaments they play and win somewhere under 1-2% if they’re really good. This means that 4 out of 5 tournaments they’re playing in they are getting zero dollars and that is not reported in their “winnings.” For example, let’s say that I play 5 $1,000 buy-in tournaments and I cash in one of them for $10,000. My winnings would be reported everywhere as $10,000, but my actual profit is $10,000 – ($1,000 * 5 tournaments), or $5,000. My reported winnings would show up as DOUBLE what my actual profit is.

I don’t point this out to bash the reporting system or even to bash players for reporting things this way. It’s the industry standard on how things are reported, so I don’t fault anyone for doing it. The point is that you need to realize that the profit numbers are usually nowhere near the winnings figure. Make sure you realize this, so you don’t have aspirations that are impossible to achieve.

You Don’t Always Make Money

Continuing on the above point, you’re not always going to be making money. You can be the best in the world and go on cold streaks where you do nothing but lose. If you’re used to a guaranteed paycheck, this can be a huge nightmarish wake-up call. Not only will you not be making any money during those losing streaks, but you’re going to be losing money. It’s not just like you’re working for free during those time frames. You’re actually going to have less money every time you go to play.

Now, if you’re a good enough player and budget your bankroll and life properly, you’ll be able to weather these storms and eventually come out on top in the long run. The problem is that a lot of players struggle in that department or can’t handle the emotional swings that come along with the financial ones.

It Takes More Work Than You Might Think

A lot of people think that all there is to being good at poker and playing for a living is putting in a lot of hours at the table. This couldn’t be further from the truth. Successful professional poker players spend countless hours away from the table studying, watching training videos, reading articles, and talking hands over with other players. This is on top of the countless hours that need to be spent at the tables to make sure you’re bringing in some money.

Being a professional poker player takes a lot more work than most people would have ever imagined. This is especially true as other players are continuously working to improve their games and new hard workers are always coming onto the scene.

It Takes More Discipline Than You Might Think

Not only does it take more hard work, but it also takes more discipline than a lot of people are ready for. There is no one telling you that you have to go play or that you need to go study. There is no one telling you how to budget your money or when you should or should not play. No one will be advising you when you’re playing badly or doing something you shouldn’t be. All of this falls on you.

In a “normal” profession, your coworkers will help you to be better at your job. In the poker world, some will help you, but most of your “coworkers” are going to be trying to take your money at the tables, so they’re going to want you to slip up.

People Are Going to be Better Than Your Home Game

If you’ve got dreams of coming to Vegas and making it on the big stage, you need to k

Making A Living Playing Online Poker