Open Side Menu Go to the Top
Register
"Poker Pros" / are they the real slaves? "Poker Pros" / are they the real slaves?

08-23-2015 , 05:34 PM
Quote:
Originally Posted by In The Tank
I agree with OP's premise. Even if we consider someone who is a pro and who has had a huge amount of success - such as Vanessa Rousso - I would contend that she *still* made a -EV choice to pursue poker in lieu of law in her 20s. Considering that she's presumably at the far right side of the bell curve in terms of intelligence which has led to her poker success, over her lifetime, she would easily average far more money & have more prestige as a top lawyer that she would ever have as a poker pro. And at the same time her work would actually contribute to society. Anybody with that level of intelligence has a far greater likelihood of success if they put their efforts into law, business, engineering, etc in their 20s and 30s, and at the same time, have a much lower risk of going broke.

OP is pointing out that people who choose poker over school or other options in their 20s should think about where they want to be later in life. If you're 25 and a successful poker pro averaging $75k, where will you be at 40, compared to if you were 25 and are, say, an engineer making $75k for a fortune 500 company?

I can't answer this for everyone since everyone's situation is different, but it seems that, on average, the $75k engineer has much better long-term prospects.
I disagree only the top 1% of lawyers that belong to huge law firms(or own them) and have been practicing 20 years can make more than what vannesa selbst has, then when you factor the hours of your life spent as a lawyer(12hour+) days and the emotional stress and grind of the job its similar to poker most lawyers grind it out for 50k or less per year out of some shotty office on the dangerous part of town,,,, you know the court appointed lawyer
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 06:12 PM
Quote:
Originally Posted by Drrr.Gonzo
I disagree only the top 1% of lawyers that belong to huge law firms(or own them) and have been practicing 20 years can make more than what vannesa selbst has, then when you factor the hours of your life spent as a lawyer(12hour+) days and the emotional stress and grind of the job its similar to poker most lawyers grind it out for 50k or less per year out of some shotty office on the dangerous part of town,,,, you know the court appointed lawyer
There is a reason why Raymer left his job at Pfizer after bagging the ME where he had sold a boatload of himself.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 06:13 PM
bigfishhead that's an excellent post.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 06:16 PM
Quote:
Originally Posted by LotGrinder
Any aspiring poker pro who hasn't figured out how to make 30k+ by their second year of seriously trying to play for a living should start looking and planning for another career choice.

Fuc* you if you are trying to tell anyone not to take a 2k-5k shot at poker if he really wants to, though. That's like telling your child he can't play hockey because he doesn't have any chance of being a professional and most people who have attitudes like that have failed at trying to be a poker pro themselves. Don't rain on other peoples hopes and dreams just because you couldn't fold overpairs and obvious second best hands when you were taking your shot bucko.

You better not listen to guys like this kids.

Trust your uncle Lotgrinder.

Take your shot!!!
http://www.urbandictionary.com/define.php?term=Amadan
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 06:18 PM
Quote:
Originally Posted by bigfishead

***This is going to be a long post***
It was a long post so I wont quote it all. There was a lot of knowledge in it that some of the guys on the forum could benefit from paying heed to.

Some of the long term pros who have been in the game for 25 years shouldnt take the first post as a personal insult but instead ask themselves would you encourage your children to play poker for a living.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 06:20 PM
Quote:
Originally Posted by worried
A dhéanamh go maith le mo chara.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 06:32 PM
Quote:
Originally Posted by bigfishead
I take no offense, nor do I hold OP to the notion of some "agenda" as Land o' lakes seems to think. With so many years experience I would actually think he'd have better realistic input based on what he's seen the "youngsters" op speaks about do/try over the last 13.5 yrs of full time play.
I didn't take any offense either, but no one asked my opinion (particularly OP when he found out I met his criteria). As for an agenda, I just think it's lol for a guy to give "guidance" (his word) when he has absolutely no experience.

That all said, I don't disagree with most of your post (the Doyle broke comment has always been a huge lol for me and is reminiscent of a different era entirely and mostly used to rationalize poor discipline... "nottin' wrong with being broke, only staying broke..." lol, total bull****).
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 06:45 PM
Quote:
Originally Posted by Drrr.Gonzo
I disagree only the top 1% of lawyers that belong to huge law firms(or own them) and have been practicing 20 years can make more than what vannesa selbst has, then when you factor the hours of your life spent as a lawyer(12hour+) days and the emotional stress and grind of the job its similar to poker most lawyers grind it out for 50k or less per year out of some shotty office on the dangerous part of town,,,, you know the court appointed lawyer

If being in the top 1% of lawyers earns you more, gives you more prestige, and actually has a better and more secure future than being in the top 1% of professional poker players (as she is in this example), then her choice was -EV irregardless of the actual results. The most successful individuals are the outliers. In this case we have an example of one of the best poker players in the world. If you're going to compare best poker player to best lawyer who graduates from a top law school, makes some good connections, and runs good in life, you'll end up as a partner, or owning your own firm, or on the Supreme Court. That's waaaaaay better than any poker pro can ever aspire to.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 06:55 PM
OP has a dream job that he loves, does not want to play poker fulltime and therefore offers advice against doing it. That's awesome.

BTW, no-one should take up boxing as a profession because I hate getting punched in the face and am generally bad at beating people up.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 06:56 PM
Quote:
Originally Posted by Amadan
However the thought of pros in their 30s/40s grinding it out day in day out makes me sad. I think we need to be careful.
Like jobs are everywhere

https://www.youtube.com/watch?v=ZXnifPfxK0Q
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 07:04 PM
Quote:
Originally Posted by Land O Lakes
I didn't take any offense either, but no one asked my opinion (particularly OP when he found out I met his criteria). As for an agenda, I just think it's lol for a guy to give "guidance" (his word) when he has absolutely no experience.
At the risk of derailing, what is your stamping ground for playing poker, if you don't mind me asking? I mean in terms of game type & level, is it all live or some live/some online etc.?
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 07:09 PM
What about the freedom,what a great way to travel the world being a poker player u can do it while earning money,all u need is a laptop and an Internet connection,play some live also!if ur in your 20-30s its a great way to see the world while earning enough to keep u on ur way!the memories and stories u could recall may be better than any high end salary in the same place with the same ppl everyday?
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 07:17 PM
Quote:
Originally Posted by Land O Lakes
I didn't take any offense either, but no one asked my opinion (particularly OP when he found out I met his criteria). As for an agenda, I just think it's lol for a guy to give "guidance" (his word) when he has absolutely no experience.

That all said, I don't disagree with most of your post (the Doyle broke comment has always been a huge lol for me and is reminiscent of a different era entirely and mostly used to rationalize poor discipline... "nottin' wrong with being broke, only staying broke..." lol, total bull****).

The point of his statement is not that it should happen. It's that it's often the result for various reasons. Tilt, spewing at the dice tables, too much hookers and blow, buying cars a poker bankroll can't really afford, etc. It actually has nothing to do with era. It happens almost daily in the poker world today. The reasons vary. But it's a sad reality for many. And yes, this many is mostly young pros that just made too much too fast, resulting in a lack of respect for the money too.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 07:25 PM
Quote:
Originally Posted by bigfishead
The point of his statement is not that it should happen. It's that it's often the result for various reasons. Tilt, spewing at the dice tables, too much hookers and blow, buying cars a poker bankroll can't really afford, etc. It actually has nothing to do with era. It happens almost daily in the poker world today. The reasons vary. But it's a sad reality for many. And yes, this many is mostly young pros that just made too much too fast, resulting in a lack of respect for the money too.
yeah back to my original point its poor money management that ruins lives not poker itself(maybe it can be considered a gate way to poor money managment?)
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 07:33 PM
Quote:
Originally Posted by Drrr.Gonzo
yeah back to my original point its poor money management that ruins lives not poker itself(maybe it can be considered a gate way to poor money managment?)
I think the poker environment is much more conducive to poor money management than most jobs though:

- You literally work in a casino, therefore lots of opportunities to spunk money off in pit games

- Alcohol is readily available

- Surrounded by degenerates instead of standard 9-to-5 people

- Poker lends itself to losing respect for large sums of money, because it's standard to have multi-buy in swings in your income
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 07:34 PM
Most people work jobs they dislike and eventually get stuck.

Someone tell me how poker pros pay for their own health insurance and spouse/children. (and save for retirement).

I'm not talking about pros that are ballers.

I guess this is a question for American pros. The cost of healthcare seems to be more reasonable in civilized countries.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 08:38 PM
Quote:
Originally Posted by WereBeer
At the risk of derailing, what is your stamping ground for playing poker, if you don't mind me asking? I mean in terms of game type & level, is it all live or some live/some online etc.?
I played nearly exclusively online between 2002-2011. Since 2011, I've been playing live exclusively. Mixed limit games, mostly.


Quote:
Originally Posted by bigfishead
The point of his statement is not that it should happen. It's that it's often the result for various reasons. Tilt, spewing at the dice tables, too much hookers and blow, buying cars a poker bankroll can't really afford, etc. It actually has nothing to do with era. It happens almost daily in the poker world today. The reasons vary. But it's a sad reality for many. And yes, this many is mostly young pros that just made too much too fast, resulting in a lack of respect for the money too.
No one knew jack about variance and risk of ruin back then because it takes a very long time (in hours) for live play to converge. As for hookers, blow and blowing money on Bentleys, that has never changed, never will, and always has to do with being a poor player. My opinion is it does not matter how you go broke if you are broke because money management (not bankroll management) is the absolute 1st and most essential element to doing it for a living (which obv encompasses lifestyle choices).

The info is readily available to everyone; there is no reason for a competent player to go broke unless it's because he's getting blinded out by living expenses, and in that case, he should have gotten a job before that happened because the game passed him by or some other reason for not winning any longer.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 08:42 PM
Grinding ssnl for a living over 6 years now and i didnt regret a single day
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 08:45 PM
Quote:
Originally Posted by Land O Lakes
I played nearly exclusively online between 2002-2011. Since 2011, I've been playing live exclusively. Mixed limit games, mostly.
I never see limit games where I am (Australia), it's exclusively NLHE and PLO. Do they spread 8-game in the US? What are the blinds for the games you play?

If you don't want to say, no problem & thanks for the reply.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 09:04 PM
Quote:
Originally Posted by JERRYJ0NES
I agree, grinding out money at a job you dont like sounds like a terrible existence.

If youre in poker for the money, you will eventually get sick of it and quit. If youre in it because you love the game, you enjoy grinding and getting better, then you will be a life long poker player.
sick post
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 09:07 PM
Quote:
Originally Posted by ligastar
o rly?

http://ryanmail.net/cubeguy/fact%20sheet.htm

60% of American white-collar employees work in a cubicle.

OP:
- most corporate drones don't have the option of having a home office
- most corporate drones toil for years at soul crushing jobs
- most corporate drones can't change jobs/industries with the snap of their fingers
- things will get worse going forward as robots take over jobs that humans used to perform
- no corporate drone is secure, layoffs happen all the time and often without warning

big +1 to all of that
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 09:24 PM
Quote:
Originally Posted by ChicagoJoey
This is actually a really good post and something to think about but the wrong person to ask it
As usual Joey says exactly what I would. OP's post in general is good. I'm currently in a state of turmoil where I've been a high stakes player for years now and am currently really struggling. I'm 28 and have often said I'd quit poker at 30, as the idea of grinding in casino's in my 30s (potentially with wife, kids etc) always felt horrific to me.

However, if people do poker the correct way there is still plenty of money out there for the time being. I don't think the freedom it can offer can be argued with either. It's true that nowadays it requires probably at least 5 days at 7 hours a day, but when you can pick and choose when and where you do those 7 hours as opposed to living by the clock it makes a huge difference.
"Poker Pros" / are they the real slaves? Quote
08-23-2015 , 09:39 PM
Quote:
Originally Posted by BigAisaOK
It's true that nowadays it requires probably at least 5 days at 7 hours a day, but when you can pick and choose when and where you do those 7 hours as opposed to living by the clock it makes a huge difference.
But do you have complete choice or are you compelled to play at the mercy of game availability and juiciness? What I mean is, you play high stakes, are there times when only lower stakes games are available or the game is spread but is infested with mostly competent players, make it unprofitable?
"Poker Pros" / are they the real slaves? Quote
08-24-2015 , 12:26 AM
lol OP

/thread
"Poker Pros" / are they the real slaves? Quote
08-24-2015 , 01:47 AM
the freedom to do stuff between mon -friday is the best part for me, living in aus grinding all night then going out for lunch and beers on a tuesday avo while everyone is working is awesome, every day is a public holiday
"Poker Pros" / are they the real slaves? Quote

      
m