nit live pro here, a bit worried. i have thrown a bit of money online and hasn't gone great so far.

(my state only has global)

if this last another month or so, no big deal. but i wanted to play to raise enough money so i am comfortable moving to south florida to grind down there on the beach.

if this goes on for a while how am i supposed to make money?


legit thinking about getting a part time job (no work history or college) just for consistency and not get lazy.

lots of live pros that don't have any savings and aren't that good are going to go broke if this lasts a while

It will be interesting to find out which live pros played online during the outbreak and with what results. Probably will find out a lot about their game that way.

I'm playing micros on PPPoker. Just enough to maintain during the freeze. Not trying to make heaps, just not go broke.

guys how can you be pro and not having on the side for the bad days like now ?
I don't think its a good idea to become poker pro without having at least 20-30k extra on the side just for life expenses.
Online is better than ever now , i personally play on Pokerstars because i always trusted this site.
Concerning the apps like pokerbros and else , im very suspicious.
Gl during those days , stay strong and safe , and see you very soon on the tables , money is not the most important thing at the end and it comes and go always

most poker pros are broke or a couple bad months away from being broke

my networth is over 20 grand and i just bought a car. but this could last like a months and months.

20k net worth poker pro=broke

Pfft...do you know how many grinder's would love a $20k BR? When I got up to $20k I felt like I was rolling in dough and almost bought a BMW.

For a poker player, anything above $5k is a significant roll (for lower stakes anyway). But this is the medium/high forum, so...2/5 it's still pretty darn good; 5/10, obviously very little to work with. OP never said what he plays.

learn how to play poker and play online?

Obviously plenty of businesses too..

Probably true which is why i've said forever most poker pros are broke and are totally screwed if they have a downswing, get sick etc. the fact most would kill for 20k doesn't mean that at 20k you still aren't pretty broke if poker is your sole source of income.

a 5k bankroll for a pro is a joke.


lmao@ wanting to buy a bmw when you hit 20k
tons of poker players do stuff like this- get a good tourney score or run hot for a few months and piss the money away.
then when they run bad they're broke/borrowing/scamming etc

20000 BK is low yes but you can still manage it to never be broke , playing 1/3- 2/5 Live and 1/2- 2/4 online.
But having less than that and being pro is a suicide unless you are 20 years old and go broke and rebuild many times.

live pros not used to thinking

A part time job for some security would be good. Or invest in yourself (online courses/any skills etc. you think would be beneficial). The transition from live to online is tough though so good luck.

fixed

lol if I only had a 5K roll and had to make a living, I'd be shitting myself everyday unless I had zero bills and lived in the basement of my grandma's house.

don't get me wrong I suck ass at poker overall and I'm sure theoretically it's possible to squeak out 20K a year playing low stakes on a 5K roll but really... ? ur a pro with a 5K roll? a couple bad beats at 100NL and I'd be applying to Starbucks.

Seriously....

I didnt even think about GOING pro before I had 20k liquid saved up. No wonder so many poker pros come and go

I think there's an important distinction between being a "pro" and poker being your only source of income. If poker is your only source of income then you need a much much bigger BR compared to someone who has other income streams (part time job, rental properties, drug dealing, etc etc). If poker is your only source of income then your BR = life roll.

Someone who has other income streams with 20k liquid set aside for poker only will be totally fine for 2/5 and they can even shot take 5/10 when it's good. Someone who has 20k liquid life roll is mostly going to end up broke unless their living expenses are close to zero AND they don't have any other vices (like drug use, smoking, drinking, -EV gambling).

For live 2/5 only poker income I'd say a 50k~ life roll would be safe and you'd likely feel comfortable shotting 5/10 when it's good.

For live 5/10 only poker income I'd say 120k~ life roll you'd feel very comfortable.

I was mostly sports betting but also playing marginally winning poker at the same time and Id say thats about right, maybe a tiny bit conservative. I was just about to say that poker is probably more swingy than sports betting but Im not sure. Whats a typical ROI for a pro poker player? How would you calculate that for long term cash results?

The problem itself isn't necessarily the poker (you will probably never see a 20k downswing playing live 2/5 if you're a 5bb+/hr winning player); the problem is life expenses if poker is your only income. Unexpected expenses happen all the time: medical, housing, car, dental, mental, family, partner, and much much more. Combine one of these expenses with a serious downswing or b/e... and next thing you know you're broke.

yea of course. Plus the break even stretches which can happen all the time. Its like going to work for months on end and not getting a check. You dont consider that at first but when youre looking back and seeing you only made a couple grand after a few months or more and yorue still paying rent/mortage, car payments, food, utilities, whatever. 5k can get eaten up quick.

Live pro for 9+ years having 5k-20k roll. My problems mainly occurred because I was living above my means. Too much rent, car payment, drinking, night life expenses. In 10 years I had only 2 negative months ever and maybe 3 break even months where I won less than 1k. Played 2/3 and 3/5 and 5/5 on the reg and shotted 5/10. Ate good, sushi all day. On dates, I spent and they appreciated. $40-$60k profiting annually. 80-130hrs on felt per month. Best years of my YOLO life.

^ you ran insanely good if it's even true.

I know really great players who have gone 1 year+ (1500+ hours) in the negative or b/e playing live games and I've heard of others going much longer; granted there's more variance at 5/10+ than at 5/5 and lower but it's insane to think you can expect only 2 losing months in 9 years, even at LLSNL, even if you put in 160 hours+ each month of good A+ game volume.

Living that kind of expensive lifestyle on a 20k life roll I think the chances of going busto over 9 years are very very high.

Only 2 negative months in 10 years is insane with that low hours played/m.

I have the excel sheets from journal on my computer. 2 maybe 3 negative months. and a handful of near break even months in 9 years yup. This is for stakes below 5/10. 2009-2019ish with a year long break. Went bust once after running bad at 5/10, and spending a grip in Vegas, Thailand, and Hollywood while having a huge overhead. Avg $25-$30/hr @ 3/5 $40/hr @ 5/5 and $35/hr @ 2/3. Had 1 job after going bust for like a year lol. Great times babieeeee!!!