Open Side Menu Go to the Top
Register
"The Pen:" Live NLHE Chat Thread "The Pen:" Live NLHE Chat Thread

02-15-2020 , 04:33 PM
Quote:
Originally Posted by RoadtoPro
Lmao this is exactly why i find it hard to blindly respect elders.



well played
Because they might be your father?
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 04:44 PM
Quote:
Originally Posted by RoadtoPro
Good point, no experience in tax ofc. Not getting a job in the field for sure, definitely playing poker as my main source of income (no need to derail/harp on this again) but always open to diversifying, utilizing my almost completed degree in some way.

I've been working with high income clients for several years now and I've developed some skills (scheduling, interpersonally) through that that I believe could translate well. Also, I've developed quite a few connections along the way that could come in handy if I felt the need to utilize them. Nothing from school.

This is just to supplement the BR.
It depends what you are looking for really. If you are logic/math driven you could probably get up to speed on basic tax law fairly quickly. If you are comfortable doing tax work for low fee/high volume type returns. I think there are some platforms that will feed you work in exchange for training and a piece of the work you do. Can't think of the names of them but there are a few.

There is a need for those returns to be handled well because even for low income earners returns can sometimes be complicated due to the compliance and rules surrounding EITC and other credits where abuse is rampant. That clientele tends not to be as sticky as the my client base for example, so you really have to build a large base and probably spend more on retaining those clients

I mean could you hustle out 10-20k over a few months prior to 4/15? Sure you could. But you have a learning curve to deal with cuz you don't know what you don't know. If your goal is to provide a good, reliable service that is going to be tough without any training.

And you won't make any headway in the middle or upper market for the reasons stated below by Miami.


Quote:
Originally Posted by miamicheats
What are you offering that they aren’t getting from the next guy/gal? Cheaper? Better? What is your competitive edge.

For me, I’m not turning over my finances to some kid who has no experience.

Like most, get a job in the field at an established company and then after X years decide if it’s worth branching out on your own.


Sent from my iPhone using Tapatalk
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 04:53 PM
Got it, thanks. Informative post.

It's not limited to 4/15 though, right? As it would be 10/15 once you've filed form 4868. Also, amended returns (1040-x) are a year-round deal I'd imagine?
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:04 PM
Quote:
Originally Posted by RoadtoPro
Good point, no experience in tax ofc. Not getting a job in the field for sure, definitely playing poker as my main source of income (no need to derail/harp on this again) but always open to diversifying, utilizing my almost completed degree in some way.

I've been working with high income clients for several years now and I've developed some skills (scheduling, interpersonally) through that that I believe could translate well. Also, I've developed quite a few connections along the way that could come in handy if I felt the need to utilize them. Nothing from school.

This is just to supplement the BR.
Just admit defeat. You screwed up by pursuing an accounting degree and you screwed up by pursuing poker. It's not the end of the world though because you are still young enough to right the ship and get your life back on track.
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:08 PM
Quote:
Originally Posted by Dream Crusher
Just admit defeat. You screwed up by pursuing an accounting degree and you screwed up by pursuing poker. It's not the end of the world though because you are still young enough to right the ship and get your life back on track.
I'm not pursuing an accounting degree. (Finance)

And maybe I'm screwing up but it's by choice. One of my closest friends, a classmate of mine just got offered a sweet six figs entry level job with solid benefits. I can still get that if I want right now

I'm dumb, I know. And I'd rather not talk about this anymore. just trying to be as well informed as possible. And it can't hurt to diversify entreprenurially a little bit. Harder to do it as a CFA as that designation from my understanding is a little more attached to working in corporate finance.
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:11 PM
Why are you even thinking about becoming a CPA if you aren't even pursuing accounting? You need 30 hours of accounting courses and 150 hours overall. Makes no sense.
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:12 PM
idk you sound like a little better off 6betme.
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:13 PM
Quote:
Originally Posted by Dream Crusher
Why are you even thinking about becoming a CPA if you aren't even pursuing accounting? You need 30 hours of accounting courses and 150 hours overall. Makes no sense.
Minoring in accounting just for fun since i can still get out in 3 years doing that. Also, most undergrad finance curriculum's have 4-5 accounting classes ingrained in them.

Can get the extra 20 hours~ fully online at a community college in CA, unlike Texas where you need to enroll in a masters program.

Test should be cake
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:23 PM
Quote:
Originally Posted by miamicheats
Saying gmans game isn’t impressive is focusing on the wrong thing. Poker is interesting bc the best (from a mathematical / theory standpoint) does not equal biggest winner. Ignoring luck for the moment, the biggest crushers are not the robots running endless sims and playing gto. The biggest winners are the biggest winners bc they get a seat in the best games. He is great at building an image that gets him a seat. Who gives a **** who is more skilled. The skilled player will always have the lower win rate if they are stuck playing a full ring game with 8 other pros.

The biggest winners I know cultivate games that recs want to play in while the robots are left playing smaller stakes in tougher lineups.


Sent from my iPhone using Tapatalk


By far the biggest winner in our room is a max exploit guy who plays huge PLO but is also a brilliant hold em player. (Only plays local tournaments 3x a year when the big series come through but has over $2m in cashes)

He is an advantage in that he’s Chinese origin and so can speak with the biggest whales who play here or visit from China but is a friendly, humble, sociable guy too and never sleezy. He organises the games but has done it in a way that none of the other top players here resent.

The past week he’s been playing 1k/2k heads up PLO with a birrionaire who came into town and will only play with him and on Weds night he won $6.6m vs him (he lost $1m on Tues)

The Whale’s ‘rule’ is that if you play him you can’t stop/rack up until he has stopped playing and that he can reload to any amount at any time so if you double he’ll just add on to cover you in some kind of sick Martingale type approach
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:25 PM
Quote:
Originally Posted by Mr Spyutastic
idk you sound like a little better off 6betme.
Dunno who that is. I'm sure I come across as an arrogant d-bag but my main focus rn is to continuously learn as much as I can from people who know more than me in any area that interests me and leverage that information to my benefit in some way later on.

I'm not really concerned with people's opinions if they are judgmental and unhelpful. (Does it really matter if some bitter middle-aged guy on the internet hates my guts?)

I do really appreciate anyone who's been constructive though, helps a ton. Like you guys.
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:35 PM
Quote:
Originally Posted by feel wrath
By far the biggest winner in our room is a max exploit guy who plays huge PLO but is also a brilliant hold em player. (Only plays local tournaments 3x a year when the big series come through but has over $2m in cashes)

He is an advantage in that he’s Chinese origin and so can speak with the biggest whales who play here or visit from China but is a friendly, humble, sociable guy too and never sleezy. He organises the games but has done it in a way that none of the other top players here resent.

The past week he’s been playing 1k/2k heads up PLO with a birrionaire who came into town and will only play with him and on Weds night he won $6.6m vs him (he lost $1m on Tues)

The Whale’s ‘rule’ is that if you play him you can’t stop/rack up until he has stopped playing and that he can reload to any amount at any time so if you double he’ll just add on to cover you in some kind of sick Martingale type approach


Sounds like sick stakes

Agree with the code of ethics regarding no quitting until he wants to quit. You (as in the pro) are the whales entertainment. He isn’t an idiot and knows he is there to donate but only on his terms.

All of the private games I play in have similar etiquette. We all take turns (not in an organized way) buying bottles of scotch or wine. Everyone with one or two exceptions will drink heavily. And the ones that don’t are good action so it’s not viewed as a negative.

The pros show the recs / allow them to sweat their hands when they aren’t involved in the pot.

You must be willing to do zero ev gambles like flipping for a few hundred to a few k, participate in waterfalls, straddle / kick up the stakes etc with the whales after they lose big pots.

Those that don’t do most of the above are not invited back a second time.


Sent from my iPhone using Tapatalk
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:42 PM
Quote:
Originally Posted by miamicheats
participate in waterfalls
Don't know what this is, but
I'm picturing the ending scene in Requiem for a Dream crossed with some R Kelly type ish.
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 05:45 PM
Quote:
Originally Posted by Mr Spyutastic
Don't know what this is, but

I'm picturing the ending scene in Requiem for a Dream crossed with some R Kelly type ish.


Everyone puts in X preflop (usually like 500-1k) and check down the whole way. Basically a flip but with the entire table instead HU.

Also many times some of the sicker whales like to partner up and chop profits with another player.

Pretty interesting to me that someone will go off for 50-100k not even sweat but on the 1k flip wants to go 50/50 with someone.


Sent from my iPhone using Tapatalk
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 06:06 PM
The nosebleed stakes private game scene sounds so crazy
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 06:14 PM
Quote:
Originally Posted by miamicheats
https://i.pinimg.com/originals/3a/69...1542631c2a.jpg



Sent from my iPhone using Tapatalk


"The Pen:" Live NLHE Chat Thread"The Pen:" Live NLHE Chat Thread"The Pen:" Live NLHE Chat Thread
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 06:15 PM
Quote:
Originally Posted by RoadtoPro
lollll fair enough. Should i call you sir from now on?


Quote:
Originally Posted by Dream Crusher
You should call me daddy, because I actually might be your father.


"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 06:31 PM
waterfalls wtf? that's still a flip
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 06:36 PM
Agree it’s still a flip- just call it something different when it’s the whole table.


Sent from my iPhone using Tapatalk
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 06:50 PM
picks for All-Star Saturday?

i got SGA, Booker, Aaron Gordon
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 06:51 PM
Quote:
Originally Posted by Natamus
lmao no chill man
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 07:29 PM
Quote:
Originally Posted by RoadtoPro
lmao no chill man


Idk what u mean "The Pen:" Live NLHE Chat Thread

"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 07:55 PM
Quote:
Originally Posted by Natamus
Idk what u mean "The Pen:" Live NLHE Chat Thread

That Terminator remake was weird
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 08:36 PM
Something tells me if I did this in Ann Arbor I'd get arrested https://youtu.be/f059lvvbDyo
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 08:56 PM
Quote:
Originally Posted by Donat3llo
That Terminator remake was weird
Best casting job ever in the history of the Wizard of Oz series.
"The Pen:" Live NLHE Chat Thread Quote
02-15-2020 , 09:15 PM
Quote:
Originally Posted by sixsevenoff
Something tells me if I did this in Ann Arbor I'd get arrested https://youtu.be/f059lvvbDyo


You could just give out awards for women under 300lbs, if you can find any in Ann Arbor
"The Pen:" Live NLHE Chat Thread Quote

      
m