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life as a plo pro - tell your story life as a plo pro - tell your story

02-21-2012 , 10:23 AM
i'm sure there are plenty of plo pro wannabes (incl myself) who wonder what is the life like when your profession is grinding plo.

i started this thread so that those who play plo professionally would share a bit of their mindset, daily routine, money management, thoughts for future, are they doing something on the side...all kinds of issues, even if only for a few lines.

Elrazor already wrote a good piece "so you want to be a professional poker player".

i would love to read different stories how they got there, what keeps the going, what are they afraid about, what is the stress level.

even if you only play part time alongside studies, share your thoughts....there might always be new ideas out there that you are not aware about.

personally i don't have much to say since most of my time is spend in the office in a normal job, grinding a few hours in the evenings and weekends.

do you separate poker bankroll and liferoll? how strict is your brm?
do you see yourself as a poker pro still 5 years from now?
what is your daily schedule like? grind all night, sleep all day?
how much time do you spend studying the game vs grinding?
do you regret dropping out of university for poker (in case you did drop out)?
do you think working a normal job would be more rewarding overall?
if you are going for sne, how do you organize yourself so that you make sure you won't fail?
did you have a "aha!" moment when you realized you wanna play poker for living?
what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?

-how many hours per month do you play and how do you divide it daily/weekly?

-what would you do with your life if online poker was right now made illegal?

-do you save money or spend all the "extra" (w/e that means to you) income from poker? (keeping in mind that are no pension etc benefits and this is a huge issue in the later part of your life)

-do you keep a poker diary and if so, what kind of stuff do you write there? do you set goals and follow through with them to see if you achieved them or not? what kind of goals do you set for yourself?

-do you plan to crush plo5k someday or are happy gringing a "steady" income at low or mid stakes?

Last edited by napsus; 03-03-2012 at 04:11 PM.
life as a plo pro - tell your story Quote
02-21-2012 , 11:30 AM
Cool idea naps.

Quote:
Originally Posted by napsus
do you separate poker bankroll and liferoll? how strict is your brm?

I don't separate them. Pretty much all of my net worth is liquid so I just play quite overrolled for all midstakes games.

do you see yourself as a poker pro still 5 years from now?

Admittedly, I don't think about this enough. However, I'm only gonna keep doing this line of work if it meets my needs both financially and job satisfactionwise. So I like to think that if I'm still around playing poker in 5 years, I'm gonna have solid financial stability and won't need to worry how I gotta pay the bills next month. I also got a Masters degree in Economics to back me up. All in all I just think it's really tough to make five years projections in poker. Who knows how poker will evolve? The games, the legislation,.. There are many variables.

what is your daily schedule like? grind all night, sleep all day?

Used to be very very bad, sleep all day grind all night. I moved in with wazz and started being more active, spending time on gym, football, etc which has really spilled over into various aspects of my life. Not just health and fitness but also concentration, stamina when playing sessions, confidence, many things really.

how much time do you spend studying the game vs grinding?

Admittedly I should spend more time studying. I think one of my main leaks is not spending nearly enough time analysing regs and developing reads on their tendencies.

do you regret dropping out of university for poker (in case you did drop out)?

I finished it after a massive struggle towards the end (Master's thesis... massive pain in the ass for a lazy poker player) and I can't stress enough how happy I am that I did.

do you think working a normal job would be more rewarding overall?

There have been times where I have really been struggling with the almost socially ******ed aspect of being a poker player. When you work, or even much more so when you study, you get in touch with people all the time, make friends, connect, network. I make friends really easily, it's just that poker never puts you in that position because you often end up spending the entire day behind your computer. You really have to pick up hobbies/interests on the side in order to mingle and meet people, which is something I could def focus more on.

if you are going for sne, how do you organize yourself so that you make sure you won't fail?

I personally do not look up to most people going for SNE apart from the very talented guys who do it while crushing the games. Someone who comes to mind is DonkPredator. If you're going for SNE while trying to offset losing at the tables.. You're doing it wrong imo.

did you have a "aha!" moment when you realized you wanna play poker for living?

Always planned to give it a try after I finished university. The problem was that it took me three years to finish a one year Master. So I wasted a lot of time, but things fell into place eventually.

what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?

Willingness to improve is very important. Obviously you shouldn't be considering it for the near future if you aren't winning. In order to go pro you need to make significantly more than what you're making in your current job or what you'd be making with your degree. For me personally it wasn't that hard, cause my Belgian peers who have the same uni degree as I do are making €1500-2000 a month. Not too hard to outperform that with poker if you're any decent. That sort of means that the opportunity cost of pursuing poker wasn't going to be massive for me. Let's say I had a Master's in Law at Harvard and could start in a US firm at a six figure salary. (Don't know whether this is any realistic but I've heard numbers being thrown around) In that case, justifying forgoing that opportunity to play poker would have been a lot harder.

Being honest to yourself and realistic is important too. Dreams are good. Hopes not so much. Hope doesn't really get you anywhere.
Tried to make it less wall of text-like with bolding but that was even less attractive to the eye.
life as a plo pro - tell your story Quote
02-21-2012 , 11:33 AM
Nice post Napsus.
Pretty excited to read your Plo grinders stories
life as a plo pro - tell your story Quote
02-21-2012 , 11:35 AM
Quote:
Originally Posted by napsus

do you separate poker bankroll and liferoll? how strict is your brm?
sort of merged, fairly aggro brm

do you see yourself as a poker pro still 5 years from now?
prob no serious amount of grinding, gonna get a real job that pays well hopefully

what is your daily schedule like? grind all night, sleep all day?
part time, work as a student. Keep fairly decent sleep schedule

how much time do you spend studying the game vs grinding?
v little dedicated study time, I find most improvements comes with the experience of playing

do you regret dropping out of university for poker (in case you did drop out)?
no dropout

do you think working a normal job would be more rewarding overall?
probably yes in a lot of respects (more social, more meaningful/productive to society, more creativity, more variety with some other jobs), but no in terms of hourly wage and freedom of hours worked (obv some exceptions)

if you are going for sne, how do you organize yourself so that you make sure you won't fail?
volume fish

did you have a "aha!" moment when you realized you wanna play poker for living?
what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?
No specific milestone in improvement, however I have made important realisations in terms of game selection/rake and tilt. In terms of skill and general winrate, I think their has been a gradual improvement over time
.

From a part time pro, also studying at university.
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02-21-2012 , 12:11 PM
I wouldn't even consider myself a poker professional, but since it has been about half of my income since I started playing bout tree fiddy years ago, I guess I could answer.

Quote:
Originally Posted by napsus
do you separate poker bankroll and liferoll? how strict is your brm?
No, I don't see any need to separate them. If anything, I'm probably too conservative with my money anyway. From bankroll perspective I could play much higher than I currently do, but I don't think I'd have edge in midstakes games.

Quote:
do you see yourself as a poker pro still 5 years from now?
Possibly yes, hopefully not. I hope it would remain as a profitable hobby, but I wouldn't want to play poker for a living long term.

Quote:
what is your daily schedule like? grind all night, sleep all day?
Grind whenever I feel like grinding (not very often lately)

Quote:
how much time do you spend studying the game vs grinding?
Probably around 50-50, if reading strat threads and watching videos count as studying.

Quote:
do you regret dropping out of university for poker (in case you did drop out)?
Yes (poker wasn't the main reason, but still it was a bad decision)

Quote:
do you think working a normal job would be more rewarding overall?
Yes, most definitely.

Quote:
did you have a "aha!" moment when you realized you wanna play poker for living?
I don't want to. It's simply the easiest and most convenient way for me at the moment to cover my expenses.

Quote:
what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?
If I was certain I could make over $100/hr, I would consider to temporary start playing full time.
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02-21-2012 , 12:17 PM
good times, enjoying already

please don't feel yourself limited to the questions i stated, they were merely posted there for inspiration to get writing going, not necessarily for Q&A purposes.

either way, keep 'em coming!
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02-21-2012 , 12:37 PM
Quote:
Originally Posted by napsus
do you separate poker bankroll and liferoll?

ALWAYS. It's just a rule I gave to myself form the start.

how strict is your brm?

not so much in fact I read on a book by CTS that it's ok taking shots try to reach higher stakes, the problem is that i like it too much usually i avoid BY over 50x my roll, but sometimes I play it

do you see yourself as a poker pro still 5 years from now?

No. In fact I'm looking for a job, so I can play poker with way less stress. And I don't think that the game will be juicy forever, there will be a time when just the big shark will still win and a lot of decent but not great reg will end to BE-smallish winner

what is your daily schedule like? grind all night, sleep all day?

usually I seldom play in the morning, mainly a session or 2 in the afternoon, then a session from midnight to 2-3. Rarely a session longer than 2 hours, rarely more than 5-6 hours/day

how much time do you spend studying the game vs grinding?

not so much ATM, more in the last year. But I always make a fast session review.

do you think working a normal job would be more rewarding overall?

Unfortunately not ATM, hoping about the future

did you have a "aha!" moment when you realized you wanna play poker for living?
I never think about that, but I'm doing that!

what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?
I think at least 50k/year + a B-plan when u leave poker.
life as a plo pro - tell your story Quote
02-21-2012 , 03:04 PM
cool thread idea

Quote:
Originally Posted by napsus
do you separate poker bankroll and liferoll? how strict is your brm?

yes i do, and it's fairly strict because going broke isn't an option

do you see yourself as a poker pro still 5 years from now?

have no idea what my life will be like 5 years from now: where i'll be living, if i'll have finished school, married, if poker will still be thriving, if i'll even like poker, if my job is good, etc.

what is your daily schedule like? grind all night, sleep all day?

yes i grind at night during peak hours in europeland, and sleep from mid-morning to mid-afternoon. i miss a lot of daylight but i'm being productive so w/e

how much time do you spend studying the game vs grinding?

not as much as i should

do you regret dropping out of university for poker (in case you did drop out)?

sort of but i didn't have much choice as an american if i wanted to continue with poker. i plan on finishing my last two years

do you think working a normal job would be more rewarding overall?

it would have to be a really special job because being my own boss and setting my own hours while playing in sweat pants and a t-shirt is the nuts

if you are going for sne, how do you organize yourself so that you make sure you won't fail?

have 180k vpp, so might go for it. should start thinking about this soon lol

did you have a "aha!" moment when you realized you wanna play poker for living?

yes. when i see that my weekly RB payments on FTP at 50 ante (27%) were more than what i was making at work, i made serious plans to quit and carried them out shortly thereafter

what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?

it's about monthly life requirements for me. if i need/want $x,000 for a certain month, i'll settle for w/e hourly and w/e ratio of winrate to RB combo to get it. for me, being a pro means using something as your main source of income. if you can live off poker, you're a poker pro
life as a plo pro - tell your story Quote
02-21-2012 , 03:28 PM
Quote:
Originally Posted by napsus
do you separate poker bankroll and liferoll? how strict is your brm?

No, always played heavily underrolled.

do you see yourself as a poker pro still 5 years from now?

Haven't decided yet. Definitely still playing poker then.

what is your daily schedule like? grind all night, sleep all day?

No schedules at all.

how much time do you spend studying the game vs grinding?

Prob 30 % studying and 70 % playing.

do you regret dropping out of university for poker (in case you did drop out)?

I regred that I have skipped so many classes. Totally dropping out is not an option.

do you think working a normal job would be more rewarding overall?

Nope. ALARM CLOCK!

if you are going for sne, how do you organize yourself so that you make sure you won't fail?

So_many_hands.

did you have a "aha!" moment when you realized you wanna play poker for living?

At some point all my income just started to come from poker.


what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?

If your income comes from poker then you're a poker pro.
.
life as a plo pro - tell your story Quote
02-21-2012 , 03:54 PM
Quote:
Originally Posted by this_passing
yes i do, and it's fairly strict because going broke isn't an option
Never understood this. Do you really need to keep the money separately to realize how much money you can afford to lose in poker?

Say you want to always have at least $20k in liquid cash, how hard is it to just figure out from that how much you have to risk in poker?
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02-21-2012 , 08:24 PM
sure i can do this.

Quote:
Originally Posted by napsus
do you separate poker bankroll and liferoll? how strict is your brm?
yeah i guess i separate it in that i always keep enough money offline so that i wouldnt have an issue if site shut down.

very, very strict. gambling isnt a way to make it longterm imo.

Quote:
do you see yourself as a poker pro still 5 years from now?
no, but hopefully i can still pull in a little supplementary income

Quote:
what is your daily schedule like? grind all night, sleep all day?
wake up early and grind in the morning when brain is fresh. rarely play at nights.

Quote:
how much time do you spend studying the game vs grinding?
maybe 1:50 ratio or something like that? studying is overrated imo. the more you study the harder the games get when you could just be playing worse and making money through that period. the poker world moves so fast that when you think you have an edge you should take it.

dont get caught up in the 'im gonna be a student, move up through the stakes and beat the best' myth.

Quote:
do you regret dropping out of university for poker (in case you did drop out)?
didnt drop out. if i had i would definitely have regretted it. if you cant poker + uni then you either have a uni course way harder than mine, or you are lazy.

Quote:
do you think working a normal job would be more rewarding overall?
depends on the job. i think some would, some wouldnt. right now im definitely focussed on finding one that would.

Quote:
if you are going for sne, how do you organize yourself so that you make sure you won't fail?
i never fail because i succeed at everything i do.

without that mentality, you will fail.

Quote:
did you have a "aha!" moment when you realized you wanna play poker for living?
nope. was making probably $15-20k a year for a few years in uni just hitting up bonuses on crypto while watching south park to make beer money and not thinking too much about it. gradually transitioned.

Quote:
what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?
not sure why this has to be such a serious decision. i think people overthink words like going pro because society forces people to define themselves by how they make money. its not hard to ignore once you realise that its a bs construct.

if you have a good job, then i simply wouldnt recommend "going pro". poker might not be around long enough. just make supplementary income, invest well, enjoy your life.

if you have a ****ty job, then "go pro" because who cares? if it doesnt work out then just get another ****ty job.

for myself ive never really defined it. i say im pro because poker has been my primary source of income for the last 6 years or so, which seems to be the common definition. im applying for jobs as we speak fwiw and have no intentions on losing sne at least til 2013.
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02-22-2012 , 04:09 AM
I would like to a few questions :

As a pro, what is the biggest part of your income? Rakeback or being a winner with xxbb/100?
How many bb/100 do you guys are able to get on average?

Finnaly, what is your edge? What makes you a better player than the field?
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02-22-2012 , 04:56 AM
Someone above made a comment that you "have to" or "should" make significantly more than your current job to quit and go pro. I remember a few years ago people on pocketfives saying stuff like you should make 3x as much as your current salary to make playing poker the "right decision." I never understood that mentality at all. I took a pay cut to start playing poker full time, as the flexibility in living location and vacation time and work hours was worth more than the extra money i'd be pulling in at my old job.
I have recently considered quitting poker to pursue some other career options, but it's definitely going to be tough to give up the flexibility i've come to know and love. I will probably end up switching into something that has short term contracts, so I can structure travel in between them.
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02-22-2012 , 05:54 AM
I once quit my job to play full time. It lasted 18 months before I looked for a job again. I made about 2x the amount I would have at my 9to5 job. I loved the freedom and not having to work for anybody else gave me an amazing sense of accomplishment. I did not have to make 20k a month to be happy, going snowboarding or relaxing for a couple of weeks in the south of france whenever I wanted is worth a lot more to me then having a steady 'meaningful' job. I think that a lot of students itt are very naive thinking they will find a dream job just because they went to school.

Sorry for my rant I have a job now in a small internet company. I like my job and it's not your typical 9to5 company. People are very open minded and my boss loved the fact that I played poker and gave me a lot more responsibilities because of it.

Still, in terms of 'happiness' I'm not even close to how fulfilled I felt when I had all the freedom I wanted.
life as a plo pro - tell your story Quote
02-22-2012 , 10:48 AM
will post in here soon. very few people are "professional poker players". i most certainly dont consider myself one despite making money playing poker for many years.
life as a plo pro - tell your story Quote
02-22-2012 , 10:52 AM
what separates a person from "i play poker" from "i am a poker player"?
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02-22-2012 , 11:25 AM
do you separate poker bankroll and liferoll? how strict is your brm?

no i dont seperate them. standard for me is 60bi for one limit

do you see yourself as a poker pro still 5 years from now?

we talk again if i win a major (ept,wpt etc.)

what is your daily schedule like? grind all night, sleep all day?

depends but i prefer playing at night

how much time do you spend studying the game vs grinding?

not much

do you regret dropping out of university for poker (in case you did drop out)?

no dropout

do you think working a normal job would be more rewarding overall?

no idea never had a normal job.

if you are going for sne, how do you organize yourself so that you make sure you won't fail?

i will never go for sne.

did you have a "aha!" moment when you realized you wanna play poker for living?


not really
what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?


dont worry to much about this stuff at all
life as a plo pro - tell your story Quote
02-22-2012 , 03:27 PM
valuable threat imo

do you separate poker bankroll and liferoll? how strict is your brm?

No they merge. Large unneccessary living expenses force this. Typical BRM, maybe slightly underrolled 60-80BI.

do you see yourself as a poker pro still 5 years from now?

No thank you, would love to play recreationally and live though.


what is your daily schedule like? grind all night, sleep all day?

Currently studying a MsC so able to grind when I feel like online and since I'm primarily a live player, I play at weekends.


how much time do you spend studying the game vs grinding?

not as much as I should


do you regret dropping out of university for poker (in case you did drop out)?

still going at it


do you think working a normal job would be more rewarding overall?

In the long term- Yes. Short-term - No (considering starting salary for graduates in current economic climate < Poker monies)

if you are going for sne, how do you organize yourself so that you make sure you won't fail?

Don't possess the relevant knowledge to answer this.


did you have a "aha!" moment when you realized you wanna play poker for living?

I don't consider myself a 'pro' atall.


what is the minimum requirement to start as a pro? certain hourly rate over xxxk hands? how did you define it for yourself?

depends on the person. if someone thinks poker can fulfill their needs/wants/goals in life and they are ofcourse a profitable player (maybe min $50k/yr) then it's fine to pursue. Personally, I think the lifestyle and lack of social interaction and networking forces a bad lifestyle (in long term obv) which outweigh's the six fig/yr they might make playing.
life as a plo pro - tell your story Quote
02-22-2012 , 03:39 PM
Quote:
Originally Posted by shamaha
do you think working a normal job would be more rewarding overall?

In the long term- Yes. Short-term - No (considering starting salary for graduates in current economic climate < Poker monies)
i see this comment often regarding starting slaries and wanted to give my thoughts on it.

these economic slumps are EXACTLY the right time to get in as an intern, trainee or entry level employee. you will have to earn your stripes anyway to move up the corporate ladder, so what's a better time to do than when everyone else is depressed. this way you are extremely well positioned when economy starts booming again and headhunters start calling, offering highers salaries...people move to different companies and then you're perfectly positioned for a raise.

i went to investment banking on july 2007, exactly at the moment when the markets peaked. my current position paid 150k+ bonuses at the time, nowadays there are no bonuses basically. those people who are motivated at these times are the ones banking in the big bucks when markets rally again.
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02-22-2012 , 03:57 PM
hey napsus, how did you get involved in investment banking? it seems like it would be a really interesting, fast paced line of work.
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02-22-2012 , 04:02 PM
applied for an internship, got offered a job...5yrs later looking to quit.
fast paced, stressful...yes. that's why i want out.
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02-22-2012 , 05:18 PM
Ironically I'm studying investment analysis (MsC) and will be looking for jobs in finance and investment banking this summer.

But napsus, do you realise how difficult it is for people to get onto a graduate program? 10 of my undergrad friends (all acheiving a 2.1 minimum in accounting) applied for graduate jobs (in the big 4 plus smaller firms) and only one managed to get one at PwC. Obv i'm not giving you stats or anything but it seems the same with everyone around my age who I've spoke to. I'm still contemplating what I'm going to do ('poker pro' or job.. leading towards the latter) so I face a big decision soon...
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02-22-2012 , 05:24 PM
from my personal point of view banking is not worth it. if you think it's your calling, then go for it. but you'll end up working loooong hours with ****ty hourly, get into bad habits, it changes you as person to be more money-centered and greedy, it burns you out really fast etc...then again some people have been there for 15-20yrs and they are having the time of their lives
life as a plo pro - tell your story Quote
02-22-2012 , 06:04 PM
Great idea for a thread! Will post my story later on tonight
life as a plo pro - tell your story Quote
02-22-2012 , 06:15 PM
Quote:
Originally Posted by BoerfSt
I once quit my job to play full time. It lasted 18 months before I looked for a job again. I made about 2x the amount I would have at my 9to5 job. I loved the freedom and not having to work for anybody else gave me an amazing sense of accomplishment. I did not have to make 20k a month to be happy, going snowboarding or relaxing for a couple of weeks in the south of france whenever I wanted is worth a lot more to me then having a steady 'meaningful' job. I think that a lot of students itt are very naive thinking they will find a dream job just because they went to school.

Sorry for my rant I have a job now in a small internet company. I like my job and it's not your typical 9to5 company. People are very open minded and my boss loved the fact that I played poker and gave me a lot more responsibilities because of it.

Still, in terms of 'happiness' I'm not even close to how fulfilled I felt when I had all the freedom I wanted.
why did you stop playing poker full time?
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