Originally Posted by A_Schupick
Now that it's coming up on your 5 years that you answered at the beginning of this well, how would you change your answer now as to what you will be doing?
How are the live games? Still juicy, or really dry to the point of not being worth it?
What advice would you give to someone who wanted to play poker for a living?
wow, 5 years for one thread on the internet -- pretty neat.
i still plan to go to grad school at some point most likely, but in the meantime am still enjoying and succeeding at poker and so will keep doing that in the short term. live games are fine -- not as juicy as they used to be, but still beatable, and i'm certainly better than i used to be as well. i still play a lot online as well (more than live) and i expect at some point in the next year or two when they get online poker squared away that that traffic will spike back up again.
for someone who wants to play poker for a living? now is not an amazing time to do it, just because of the landscape: there aren't a lot of places to play confidently online with good game selection, and you have to live in only a few places in the USA to have access to lots of good live play. several of the prevalent games (LHE, NLHE) are also getting pretty information-saturated meaning the easy money is drying up. also, a lot of online pros have come over to the live side, making those games somewhat tougher.
all that aside, if you want to play for a living, i'd recommend getting good at a game that runs often at up to mid stakes (that could be for live or online) and seems likely to be popular in the future. for online, PLO seems a good bet, and for live, LHE will still go for a while/always if you're near a big casino center like LA, and mix games seem to go at most casinos. getting good at multiple games is preferable to expand your game selection, but it's probably harder to build your bankroll playing multiple games at low stakes as opposed to grinding the hell out of one.
have a lot of money/savings in the bank. ideally, have a regular job that pays well and then play poker on the side and see if you can perk the poker income up to where it's matching or beating the regular job. i think in general going from student/unemployed to poker pro is a bad idea. handling the variance is harder than anyone thinks/says.
study the hell out of it -- you are going to be competing against a field of people where many of them have natural talent and many of them have worked hard, so it's unlikely you're going to succeed without having/doing one or both of those things. by study i mean actually work on your game and not just play a lot.
that's all i can think of for now but i'm sure there's more.