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Playing live for a living question Playing live for a living question

07-15-2013 , 04:47 PM
OP, please realize that we are trying to help you (and your friend). If your friend doesn't know what his expected results are, then he shouldn't play professionally. Period. End of story.

You've asked a question and received many answers. You can choose to heed our advice, or you can choose to ignore it.

If you really are a professional, you need to be recording your results. Even if you think it's pointless for your development as a player, you need to pay state and federal taxes (assuming you're in USA).

Even just a daily record would be fine.
07-15-2013 , 04:49 PM
The answer is a combination of the answers you've received.

The problem with "quitting while you're ahead" is if a dollar amount is your only criterion, you will miss out on profitable situations like fishy tables, which are your life blood in the long run. So when you have a bad day and you just can't get your head straight and have to leave, you'll be wishing you had stayed at that fishy table the day before.

It's better to use judgement than a blanket rule. If you're up 200 but can clearly see you will make bank off this table of drunk bachelor partiers, then stay and make bank! If you fell into a shark tank and doubled up with a lucky hit....you should have changed tables anyway, and leaving right after nailing your pot wont bode well for you at that card room.

Some may disagree, but I'd advise against a firm stop loss number too. If you get sucked out on 3 times because fish are stupid, stick around and punish them. A stop loss should be based on your play. Playing poorly? Fix it or quit for the day. Playing well and getting ****ed? **** them back.

These hard ceilings are very limiting and are definitely -EV.

It's been said a lot of times, but if you're afraid to lose at 1-2 because it's just too much money, then you need to move down to micros. Manage your bankroll properly. And you'll never be afraid, allowing you to make good decisions.

Tl;dr if winning conditions, then play
07-15-2013 , 05:16 PM
Quote:
Originally Posted by MAN_MBN
Was looking to get some different thoughts/views/comments/opinions on when playing live cash games for a living say you set a goal for each day lets say your goal is to make $200 each day. Normally when you reach your daily goal you cah out you've done what you came to do. But what if the game is really soft and or juicy what ever the case may be, you've already made your daily goal should you stay until the game dries up or take your daily goal and leave?

I feel taking your daily goal and leaving is the smart play for the long run to stay consistent mainly. But I have heard/read a lot of players say to never pass up a "good spot" even if it means risking profit.



This alone speaks volumes at a very high pitch that you are nowhere even close to playing live poker (or any poker) for a living. Sorry, hard fact, but true. IIf you were thinkiing about it for real)
07-15-2013 , 05:36 PM
I appreciate all the feedback negative or positive. It's not for me I posted this for a buddy. If you don't play or have never played live poker for a living you have no business expressing your opinion because it has no basis.
07-15-2013 , 06:06 PM
Quote:
Originally Posted by matrat
No one is trying to attack you, they are trying to help you. You are asking a question that strongly suggests that you are not qualified to play poker professionally. The fact that you are asking for a friend is irrelevant. If you knew what you were talking about you would be able to explain to him on your own why his idea is no good.
OP, this. When you propose a scenario that as a professional you should know already that is unrealistic and then follow up to legit replies with this :

Quote:
Originally Posted by MAN_MBN
It's an imaginary scenario.. The numbers are irrelevant because they aren't real in this case.. No one is actually talking about $200 per day.

It's hard to take you seriously. You asked a question and don't seem to agree/like the answers given. A good player should play in a game for as long as they are bankrolled and still consider the game to be +ev. Booking every $200 win is going to counteract your total earning potential.
07-15-2013 , 06:10 PM
Silly to ever leave a good game where fish are present. If you were playing chess or scrabble against someone you have an overwhelming edge, would you leave then simply because you are up $200??

That's just crazy!
07-15-2013 , 06:19 PM
Gonna go ahead and assume level. Nice one. Unless I'm too uneducated to follow a deeper meaning.
07-15-2013 , 06:38 PM
Quote:
Originally Posted by BlaneH
OP, this. When you propose a scenario that as a professional you should know already that is unrealistic and then follow up to legit replies with this :




It's hard to take you seriously. You asked a question and don't seem to agree/like the answers given. A good player should play in a game for as long as they are bankrolled and still consider the game to be +ev. Booking every $200 win is going to counteract your total earning potential.
I know I've said multiple times I agree that a daily goal is not correct. I'm done people just blindly blabber on and completely ignore the actual question at hand.
07-15-2013 , 06:40 PM
I never said hi I'm a mindless rookie looking to play poker for a living please help I have no idea on this matter and I need you to degrade my thread and my assumed skill level based off no info from a thread that isn't even my personal question lol
07-15-2013 , 06:58 PM
Quote:
Originally Posted by MAN_MBN
I never said hi I'm a mindless rookie looking to play poker for a living please help I have no idea on this matter and I need you to degrade my thread and my assumed skill level based off no info from a thread that isn't even my personal question lol
I'm sorry your ego got bruised here. Realize that 2+2 is the premiere forum for poker pros. Many of the posters in this thread actually make their living with poker. And I'm sorry, as one of those posters, your comments in this thread does speak volumes about your skill and experience level.

Imagine if I jumped on a Bodybuilding site and I said, "Hey, I was wondering if it is possible to become a bodybuilder if I ate nothing but pizza and twinkies and just worked out 3 hours a week"

then, the flaming ensues and then I say, "Whoah whoah guys, its not for me, I was asking for a friend. Obviously I know that pizza and twinkies and only working out 3hrs a week will not turn you into a body builder..."

Wouldn't it become obvious that just the act of me actually posting the question belays a staggering amount of ignorance. Well, you did the same thing in this thread. You can try to backtrack all you like, and attack us all you like, but your comments and tone belays your skill level and ignorance. I know that sounds incredibly condescending, but there really is no other way to put it.

You can get mad, or you can read the threads we pointed you to and take our comments in the spirit in which they were given, and that is to help.

Good luck...
07-15-2013 , 07:01 PM
[QUOTE=dgiharris;39361315]I'm sorry your ego got bruised here. Realize that 2+2 is the premiere forum for poker pros. Many of the posters in this thread actually make their living with poker. And I'm sorry, as one of those posters, your comments in this thread does speak volumes about your skill and experience level.

Imagine if I jumped on a Bodybuilding site and I said, "Hey, I was wondering if it is possible to become a bodybuilder if I ate nothing but pizza and twinkies and just worked out 3 hours a week"

then, the flaming ensues and then I say, "Whoah whoah guys, its not for me, I was asking for a friend. Obviously I know that pizza and twinkies and only working out 3hrs a week will not turn you into a body builder..."




Oh, taht made my day, lol.
07-15-2013 , 07:01 PM
The thread has long run it's course.
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