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Started with a <img /nl challenge, now we're here. Started with a <img /nl challenge, now we're here.
View Poll Results: SO WHAT DO YOU THINK IS A REALISTIC ANNUAL EARNING OF AN "A" PLAYER GRINDING $1/$2NLHE?
LESS THAN $22K
392 12.64%
$22K TO $28K
453 14.60%
$28K TO $34K
505 16.28%
$34K TO $40K
528 17.02%
$40K TO $46K
295 9.51%
MORE THAN $46K
929 29.95%

01-31-2018 , 04:13 PM
Filed on my end today, but have not paid yet. Don't have the money too.
Waiting to get the $5k owed from Sara and group that w my current 6K br.

She just got her taxes in the mail yesterday, so she gonna b filing Friday. From there, I'm thinking it cd take a week to get her refund. At that time, we can settle up, and i'll mail in my payment. Then we just count our pennies and see what we have left over to grind on.
Things continue to be tight.

Oh man, i gotta get out of here. On my way to Louisville to give lessons to juniors.

Have a gd day. I need to b more positive.
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01-31-2018 , 06:37 PM
Quote:
Originally Posted by ButterflySymmetry
HSI has done everything backwards.
To grow a poker room, I always felt u shd cater to the high limit players and regulars, the rest wd trickle down. If u lose ur regulars, u lose the room.
This is my opinion. What’s ur thoughts?
Their business model has always been catering to their own staff, and recs. Hasn’t been working at all, and it’s been slowly falling off the cliff. When they move to land, it cd help spark some business.
Bigger games make less rake. They play slower.
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01-31-2018 , 06:45 PM
Playing poker for a living is the worst of being an employer and the worst of being an employee. Have you seen what high frequency,revenue based,percentage based rake does?

The game has a poisonous culture and is known for its risk and danger. Play big MTT's only as a hobby and SitNGo to pass time. You should go back to teaching more rewarding and retirement along with benefits for your family. I voted 28K yearly.
Best of Luck
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01-31-2018 , 10:00 PM
Quote:
Originally Posted by ButterflySymmetry
Filed on my end today, but have not paid yet. Don't have the money too.
Waiting to get the $5k owed from Sara and group that w my current 6K br.

She just got her taxes in the mail yesterday, so she gonna b filing Friday. From there, I'm thinking it cd take a week to get her refund. At that time, we can settle up, and i'll mail in my payment. Then we just count our pennies and see what we have left over to grind on.
Things continue to be tight.

Oh man, i gotta get out of here. On my way to Louisville to give lessons to juniors.

Have a gd day. I need to b more positive.
Ever think of getting backing/selling action to at least put some hours in and build back up? I would be interest
Have enjoyed the thread though, Subbed!
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01-31-2018 , 11:52 PM
Quote:
Originally Posted by ButterflySymmetry
They begging and desperate
2 dollars max for promotions is becoming the norm.

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02-01-2018 , 08:34 AM
Quote:
Originally Posted by rodgethat
Ever think of getting backing/selling action to at least put some hours in and build back up? I would be interest
Have enjoyed the thread though, Subbed!
He's stated in the thread how much he hates the idea of backing so I doubt it.
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02-01-2018 , 08:36 AM
Quote:
Originally Posted by playinggameswithu
Playing poker for a living is the worst of being an employer and the worst of being an employee. Have you seen what high frequency,revenue based,percentage based rake does?

The game has a poisonous culture and is known for its risk and danger. Play big MTT's only as a hobby and SitNGo to pass time. You should go back to teaching more rewarding and retirement along with benefits for your family. I voted 28K yearly.
Best of Luck
Teachers don't make enough to have to deal with annoying kids all day. 30-35K a year to deal with kids the way they act today and as disrespectful as they are? Think I would rather put my dick in a mousetrap daily.
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02-01-2018 , 10:45 AM
Quote:
Originally Posted by TheProdigy93
Bigger games make less rake. They play slower.
Is this factual? i'm not so sure 2/5 and 5/10 make less rake. More pots are taking max rake (10%^$5) opposed to 1/2.
If it does make more or less, it's irrelevant, doesnt matter to me. Its level 1 thinking. I still stand behind my theory. Recs are gonna get their gamble fix regardless. Most recs that show up dont come for the promos, and hv no idea what promos are running. Heck most recs dont even hv Bravo installed.

I cd b wrong about all of this, but these are my thoughts based on being around the game for 15 years.
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02-01-2018 , 11:22 AM
Quote:
Originally Posted by playinggameswithu
The game has a poisonous culture and is known for its risk and danger. Play big MTT's only as a hobby and SitNGo to pass time. You should go back to teaching more rewarding and retirement along with benefits for your family. I voted 28K yearly.
Best of Luck
I hv always said that cash games is the best way to build the roll. MTTs and Sng are good to break up the monotony and occasional shot takes. But, cash games will always b the bread and butter.
I'll never go back to teaching. I'll say this again, I'm trying to work less, not more. After I get through this tax hurdle, things should b looking up. As long as i start w some rungd from my short leftover roll, I'll b smiling. From there, smoother sails on the Semi-Rretired sailboat. Like i said before, I just need to make $1k a month for living expenses to comfortably get by. Even though times are tough currently, this will be the worst of it for the rest of my life.
As a result of selling The Melody and putting it on a penny stock that went well, we paid off our house and no debt. Thunderous times now paying those taxes, but way much calmer waters on the ahead.
Semi-retired.
Thanks for the well wishes @playinggameswithu

Quote:
Originally Posted by rodgethat
Ever think of getting backing/selling action to at least put some hours in and build back up? I would be interest
Have enjoyed the thread though, Subbed!
This is my most proudest thing of my poker career. NEVER have bought or sold action. ALWAYS have played on my own dime. This will never change.

Thanks for posting and subbing. I have learned bunches from posters itt. They have taught me the stock game, gave me great hh reviews, kept me motivated, and offered great life advice along the way. Forever grateful to all.

Quote:
Originally Posted by ZippyThePinhead
2 dollars max for promotions is becoming the norm.

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I may hv over reacted on this change. You're right.
Maybe I'm hung up on the good ole' pre2010 days where promos (outside of BBJ) and add-ons didn't exist. The days of no silly daily promos and rake was fair. I remember when WSOPC use to b $340s and now they $365s. The games are already hard enough. When rake goes up, it just makes it so much harder.


Quote:
Originally Posted by TheProdigy93
He's stated in the thread how much he hates the idea of backing so I doubt it.
Yep. You're correct @TheProdigy
Hendon Mob and all-time money winners are a joke.
Show me the ones putting their own money on the line.
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02-01-2018 , 01:40 PM
Quote:
Originally Posted by TheProdigy93
Teachers don't make enough to have to deal with annoying kids all day. 30-35K a year to deal with kids the way they act today and as disrespectful as they are? Think I would rather put my dick in a mousetrap daily.
I Lol'd at this statement. While I understand the sentiment, I'm pretty sure I wouldn't enjoy my dick in a mousetrap on the daily, it would probably cause some lasting physical discomfort and hinder some of its functionality.

Rayz - you're right, on the other side of this tax payment, things are definitely looking up, keep up the positive vibes
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02-01-2018 , 04:08 PM
Quote:
Originally Posted by ButterflySymmetry
Filed on my end today, but have not paid yet. Don't have the money too.
Waiting to get the $5k owed from Sara and group that w my current 6K br.

She just got her taxes in the mail yesterday, so she gonna b filing Friday. From there, I'm thinking it cd take a week to get her refund. At that time, we can settle up, and i'll mail in my payment. Then we just count our pennies and see what we have left over to grind on.
Things continue to be tight.

Oh man, i gotta get out of here. On my way to Louisville to give lessons to juniors.

Have a gd day. I need to b more positive.
What would the good times be with out the bad. Enjoy both ends of the ride.
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02-01-2018 , 05:43 PM
Quote:
Originally Posted by playinggameswithu
Playing poker for a living is the worst of being an employer and the worst of being an employee. Have you seen what high frequency,revenue based,percentage based rake does?

The game has a poisonous culture and is known for its risk and danger. Play big MTT's only as a hobby and SitNGo to pass time. You should go back to teaching more rewarding and retirement along with benefits for your family. I voted 28K yearly.
Best of Luck
Tell me, do you actually have experience with being a poker pro? Not only have I made more then 28k a year (granted, Aussie dollars not USD) playing as a part time 1/3 player, but it gave me the freedom to travel the world for months after my uni graduation. "Known for it's risk and danger" sounds like something an uninformed parent would tell their kid about playing the game as a hobby.

I'm not trying to say that low stakes live poker will provide a stable and fulfilling life to anyone who plays it (and obviously sustainability is a huge factor), but different people have different philosophies of what will bring them fulfillment and quality of life to support their needs and wants.
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02-01-2018 , 05:50 PM
Once I clear the tallest tax hurdle without clattering, we will desperately need plan A to work. If by chance we start back up w a bad run, I hv another idea. This is def not one I’m proud of...staying true to #fulltransparency, I introduce plan C
.

Refresher We all know the importance of plan A and B. Let’s dive in...

What is Plan A?
The leftover monies will b used to grind the smallest 1/2 stakes around and heopefully build to a thicker roll.
*Will know our exact start up roll once dust settles from this hellish tax season.

What is Plan B?
simply, must make Plan A work!

Plan C Intro...
I am scared to say this has even crossed my mind the last couple of weeks. But once it continued to resurface in my head, i know it must be a serious thought.
This dayum #fulltransparency.
As I take a deep breath, I will admit to this being an actual thought of mine. One that I’m not proud of, but may b last resort before really being up against it.

Sooo. U b the judge?
First let’s walk it back, and tell u i finally found me a new bank last week. All the monies and kids savings are sitting safely in there. I opened up w the 1k minimum into the basic checking so fees wd be waived. Then opened accounts for my kids savings. Each of them had previous accounts under my name at PNC. So I set them up right where they left off. Mya has $1600, Shay $600, Knox $100.
I think u know where this is heading...

I’m anticipating our start up roll to be around $2k after dealing w the devil. That’s not too many buy ins, but gonna hope my poker stats stay true to form during this time. My stats show I win on avg 68% of the time, and avg wins are way more than my avg losses, so thinking positively we can definitely do this. On the flip, we have to think realistically and know that math is strange and so is variance. U never know when those bad beats will come and go. Let’s hold for the sake of Plan C.

What is Plan C?
Another $2300 sits somewhere. Can u guess where?
If this sailboat ventures into these Boundary Waters, I may hv to make a big decision here under the Northern Lights.
One thing I know for sure, if I do have to dip here, it will definitely comeback w more.
80% of the money in kids account has been of my donations. 20% heir money (teaching them to sym).
I feel bad even thinking about it, but Plan C is now on the board. Shd it be off limits? It wd actually b my first poker stake of my life. Coming from my kids savings without their knowledge. Holy Moly. Say what?!

Back to plan B. Make plan A work!!! I can’t do C, but but but

This is crazy times right now. Bullish on Me and hodl.
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02-01-2018 , 07:12 PM
Doing C is being a degenerate gambler for me... Not taking backing/selling pieces and picking of your childs money (even tho u are the one that donated the majority to them )... Uffff man, I feel bad just of thinking of it... that's just a no-go imo.
And I wasn't gonna post this but you started with the all honesty, I've been following you silently for months everyday, rooting for you and your well being but after reading this I think of pulling the plug tbh.
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02-01-2018 , 08:16 PM
Alejoib pulls the plug like many others before him.
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02-01-2018 , 08:36 PM
So are you going to be taking only the money you put in? Or are you taking the money that they have worked for as well? If your taking everything don't. If it is only your money why not ask them before you do it, at least the older ones that understand, and explain what, and why you need to do it.

Just taking the money out is wrong. I had to bust my ass as a kid helping my step dad do yard work for his side business. He cut trees as well, so my summers in muggy Florida weather from like 8-13 were spent outside lugging around chopped wood, and branches. By the time I was 10 my piggy bank was pretty much over flowing with bills. I had around $1000 from helping my step dad, and mowing lawns on my own. One day I came home from school and my piggy bank was on the ground smashed open, and no money inside. Come to find out my mother needed to pay some bills and took my money without asking. It was the start of the end to our relationship. Food for thought.
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02-01-2018 , 08:41 PM
Quote:
Originally Posted by alejolb
Doing C is being a degenerate gambler for me... Not taking backing/selling pieces and picking of your childs money (even tho u are the one that donated the majority to them )... Uffff man, I feel bad just of thinking of it... that's just a no-go imo.
And I wasn't gonna post this but you started with the all honesty, I've been following you silently for months everyday, rooting for you and your well being but after reading this I think of pulling the plug tbh.
Plan C is a snap YES.
And DO NOT feel bad for 1 second. Omg.
Would you feel bad if you invested it in the market? Think your a worse investment?

Don't listen to peeps and their made up morality.

It's not that much money it's not like you cant replace it no matter what happens.

OH and obv include them in the decision
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02-01-2018 , 09:02 PM
If you take the money that you put there yourself I see no problem. You can put it back there and more once you get your finances back on track

Obv if you take money that they worked for, that’s super wrong.


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02-01-2018 , 09:14 PM
I respect the full transparency, most people would never admit to taking there kids savings to go to a casino to play poker.

Aren’t you still doing about 20-30 her of tennis classes not to mention any lessons you’ve been able to set up with your own academy. Have you been able to save any of that money?
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02-01-2018 , 09:25 PM
Quote:
Originally Posted by GatorXP
Plan C is a snap YES.
And DO NOT feel bad for 1 second. Omg.
Would you feel bad if you invested it in the market? Think your a worse investment?

Don't listen to peeps and their made up morality.

It's not that much money it's not like you cant replace it no matter what happens.

OH and obv include them in the decision

Are you a father/succesful poker player after years with everything it takes? Cos I'm both and made up morality my ass tbh lol, I'm not talking from an outside pov cos it's my right to post so mb try and think twice before you assume stuff...

My opínion:

1- money you give to your kids is sacred, because they're your kids, and you teach them about saving, and working hard for it day in and out, it doesn't matter if its 100, 1k, 10k w/e replaceable amount you think of, it has value that goes beyond the value of the currency for them and for you as a stand up dad. In this case it's a fund for their future, and while they may not even know it's there, I'd treat it the same way as if they had their little pig collecting coins.
2- as a succesful poker player if you have the ability but not the $ you get staked/sell action,etc.. you never risk your x-months set aside for income, I'd start from there before yoloing cos you aren't in your 20s, single and living off parents... having the mental comfortness of being able to have losing months and still being ok is a must.
3- i wouldn't mention this to your partner if I were in your shoes (imagining it would go bad because of what you said of her beliefs related to religion, marriage..).
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02-01-2018 , 10:30 PM
Seems like there has to be better options then the kids savings. Do you have any whole life insurance? Usually you can borrow the cash value from your self. If you need the kid cash I would ask them for a loan. Could be a nice lesson on how interest works for the older ones.

What about a small home equity line. Set it up and then only draw on it if you run bad. Knowing it is available but yet untapped might make the anxiety level go down and be motivating to avoid it.

What about a temp job while you wait out the tax man? Sure the work would suck but a few hundred could come in handy and you have time.

Sell some of your art on eBay. Bet someone from this thread would go for a 1 of 1 king of lame original for a couple hundred.

Best of all maybe HSI needs a dealer? (Kidding)


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02-01-2018 , 10:39 PM
I'd swallow my pride and get backed before dipping into the kids savings but as others have said unless they put the money there it's probably justifiable.

With your winrate your risk of ruin on a 2k br is very, very low at 1/2. Check variance calculaters to boost your confidence. Biggest risk factor here is if you lose confidence and trust in yourself or your process.

Good luck!
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02-01-2018 , 11:35 PM
Quote:
Originally Posted by ButterflySymmetry
Is this factual? i'm not so sure 2/5 and 5/10 make less rake. More pots are taking max rake (10%^$5) opposed to 1/2.
If it does make more or less, it's irrelevant, doesnt matter to me. Its level 1 thinking. I still stand behind my theory. Recs are gonna get their gamble fix regardless. Most recs that show up dont come for the promos, and hv no idea what promos are running. Heck most recs dont even hv Bravo installed.

I cd b wrong about all of this, but these are my thoughts based on being around the game for 15 years.
Yes. It's why huge games do time rake. They play substantially slower.
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02-01-2018 , 11:58 PM
Take the money. It's your anyway, worst case you can repay it pretty easily. Also, you're/they're missing out on alot of interest sitting in a savings account at their age, let that **** grow in low risk funds at the very least.
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02-02-2018 , 01:03 AM
I know what playing on a short roll is like. It makes you change how you play, whether you want to admit it or not. It forces you to play low variance. No more pushing small edges for stacks. You won't be able to pull the trigger on that bluff you're pretty sure will work. You'll miss value at times, etc. I'm telling you this because I've been there!

Your situation is very simple to me. I've never played with you but I know you're a good player. You're a proven winner. The stats don't lie.

It's not like the tax deadline is tomorrow. Dude, you have 10 weeks before you have to pay Uncle Sam. Take the cash you have now, get serious, put in the volume, and grind up a roll. Easy game!

You act like you're scared of losing and using that to justify not playing until the tax bill is paid. Come on man, where's your confidence? Maybe you're on a downswing and have lost your confidence. If so, that's understandable. You're just not making sense otherwise.

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