May 23
How much money do you need to keep from going broke if you’re a professional and poker is your paycheck?
A professional poker player should realize that every dollar she wins will not be added to her bankroll. After all, she has to pay rent and buy groceries just like anyone else, and her only source of income is her winnings. Lose, and she pays her bills the only way she can: by dipping into her bankroll. But there’s a limit to how deeply she can dig without putting herself in jeopardy. Read the rest of this entry »
Apr 25
To most recreational poker players the idea of playing professionally seems like a dream. Get up when you want to, work when and where you choose, and ply your trade almost anywhere. From London to Las Vegas and California to Costa Rica, casino poker awaits you there. So what’s stopping you? Only the answer to this critical question, “Can I make a living as a poker player?”
For one thing, if you’re a poker player, you won’t have a steady salary coming in. Even commissioned salespeople don’t lose money if they fail to make a sale. But poker players do lose money whenever they have a bad day. It’s one of the few jobs where you can go to work and lose money. Imagine that. An entire day of poker — under stressful conditions — and all you’ve got to show for it is less money than you started out with. Not a pretty picture, is it? Read the rest of this entry »
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