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True Life: IMA Pro Poker Player True Life: IMA Pro Poker Player

04-01-2015 , 10:26 AM
Great posts OSU.
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04-01-2015 , 10:27 AM
Quote:
Originally Posted by fitzthetaxman
Great posts OSU.
Appreciate it bud...
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04-01-2015 , 01:10 PM
What's this, IMA amateur poker player thread?

Quote:
Originally Posted by OSUTexan
1. Only play when you have the ability to play your "A" game.
You'll be surprised how often that is. And you wonder why some players have tough time getting hours in.

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Originally Posted by OSUTexan
2. If you'd rather be doing something else, go do that. Poker games aren't going anywhere anytime soon.
Do you walk away from your job because you rather do something else?

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Originally Posted by OSUTexan
3. Stay away from the partying/drinking/drugs and stay disciplined about it.
ldo?

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Originally Posted by OSUTexan
4. Find a group of solid people both in and out of the poker room.
Nope. Stay away from clicks, because they're likely the reason why you do a lot of dumb stuffs outside of poker.

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Originally Posted by OSUTexan
5. Get some exercise before each session.
6. Get sleep and some studying in everyday.
Always.

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Originally Posted by OSUTexan
7. Realize that this is your life and your actions/choices will have consequences even if they don't become immediately apparent.
ldo?

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Originally Posted by OSUTexan
8. This is your dream...don't take it lightly and don't lose sight of your goals.
God no. This is a job, just like any job. Find fun in it, or you will suffer.

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Originally Posted by OSUTexan
Playing poker day after day can turn your life into a monotonous cycle with no end in sight.
That's like most jobs.

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Originally Posted by OSUTexan
9. Diversify and leave yourself some outs.
True in any job.

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Originally Posted by OSUTexan
10. Strive to be a better person everyday...won't believe the impact and change it can bring about in your personal growth.
11. Realize....self preservation (keeping a bankroll/keeping sane) should always take precedence over instant gratification.
12. Live below your means...money should simply be a way of keeping score in poker.
Pretty obvious for anything in life.

Quote:
Originally Posted by OSUTexan
13. Last but not least....women can be the biggest cripplers of bankrolls (and sanity)...choose wisely!!! Wrong one can be devastating.... LOL (right ones are a diamond in the rough though so be good to them if you find one)
Women are the rake!
True Life: IMA Pro Poker Player Quote
04-01-2015 , 01:25 PM
Damn Richard...your awesomeness is exuding from your profound responses. Don't know why the rest of us even bother posting on here. Best of luck to you kid....

Tip 14: There are plenty of douchebags in the poker world. Remember to smile over your shoulder as you're walking off with their money and they're still talking about how they disagree with your lifestyle, views, or play....
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04-01-2015 , 01:27 PM
Yes, anyone that disagrees with you is automatically a douchebag.
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04-01-2015 , 01:51 PM
Nah bud....just another tip I left out...feel free to comment on that one as well.

As a side note: They are called "tips". They are generally things most people would agree on and simply stated because I see players doing the opposite of these "tips" and see the negative effects on a daily basis. Feel free or not to do that last tip...there's really not much of a negative effect either way on that one.

Last edited by OSUTexan; 04-01-2015 at 02:09 PM.
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04-01-2015 , 04:07 PM
Quote:
Originally Posted by Richard Parker
Yes, anyone that disagrees with you is automatically a douchebag.
Not necessarily anyone....
True Life: IMA Pro Poker Player Quote
04-02-2015 , 01:51 AM
For the people suggesting some kind of "passive" income. I know of 3 ways : Websites, stocks and RE. Is there something else that can make your money work? Investing in small local business maybe?

I wish RE took a little less capital to get into.
True Life: IMA Pro Poker Player Quote
04-02-2015 , 08:56 AM
Quote:
Originally Posted by kekeeke
For the people suggesting some kind of "passive" income. I know of 3 ways : Websites, stocks and RE. Is there something else that can make your money work? Investing in small local business maybe?

I wish RE took a little less capital to get into.
There is a house i am looking at buying for 15,000Ł, the rent would still be around 400Ł a month once it had some work done to it (maybe 5-10,000), so there are some bargains out there....
True Life: IMA Pro Poker Player Quote
04-02-2015 , 10:54 AM
Quote:
Originally Posted by dgiharris
Mike Caro does know what he's talking about and if I see him in Vegas this WSOP I'm going to take a pic of me handing him a hundo to say thanks

In fact, I think I will try to start a new poker trend, that is, if you are a winning player and someone in poker has done something that has been instrumental in making you a better player, that you privately thank him (or her) by shipping him some monies he can rub on his titties

I need to think of a new name for this trend...
Pro tip: Don't hand out hundred dollar bills to strangers

Spoiler:
especially if you're a busto "pro" needing a stake at 1/2 no limit
True Life: IMA Pro Poker Player Quote
04-02-2015 , 02:19 PM
Quote:
Originally Posted by kekeeke
For the people suggesting some kind of "passive" income. I know of 3 ways : Websites, stocks and RE. Is there something else that can make your money work? Investing in small local business maybe?

I wish RE took a little less capital to get into.
I think poker is much safer than the stock market IMO...real estate is a little more predictable/reliable. Surround yourself with people who have the same goals/interests and read everything you can get your hands on....educate yourself as you do with poker. You'll find ways of making something out of nothing.

Ben Hogan was once asked, "How do you become the best golfer in the world." (a very generic question)

He replied, "It's simple....you just outwork everyone else."
True Life: IMA Pro Poker Player Quote
04-02-2015 , 03:48 PM
Quote:
Originally Posted by OSUTexan
I think poker is much safer than the stock market IMO...real estate is a little more predictable/reliable. Surround yourself with people who have the same goals/interests and read everything you can get your hands on....educate yourself as you do with poker. You'll find ways of making something out of nothing.

Ben Hogan was once asked, "How do you become the best golfer in the world." (a very generic question)

He replied, "It's simple....you just outwork everyone else."
Yea.

It's hard to find something that motivates me to learn as much as poker. I wish I had the same drive as a blogger for example, this way I could be having blogs on the side that earn a few, variance free bucks every month.

I'm a lazy little bitch thought, in everything, except poker. Lol.
True Life: IMA Pro Poker Player Quote
04-02-2015 , 03:51 PM
No such thing as lazy in all except one.

A lazy person is only motivated by necessities.
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04-07-2015 , 09:39 AM
Any of you pro's or semi-pro's playing limit games, mixed games, etc? I generally prefer O8, Stud8, Razz, Badugi and 2-7 Triple Draw Lowball (all the limit variants)

Wondering what stakes and earn rates you're experiencing live. I'm presently doing it to supplement my income, about 12 hrs/week. But my sample size is lolsmall right now.

Living in Tampa so the Seminole Hard Rock with 50 tables is readily accessible (and 15 minutes from me) and I'm generally playing 6/12 O8 with a full kill (although we got it going as an O.E. game recently, hoping I can continue the mixed game trend there)
True Life: IMA Pro Poker Player Quote
04-07-2015 , 09:47 AM
Quote:
Originally Posted by kekeeke
For the people suggesting some kind of "passive" income. I know of 3 ways : Websites, stocks and RE. Is there something else that can make your money work? Investing in small local business maybe?

I wish RE took a little less capital to get into.
Invest in private small businesses and be a silent partner.
True Life: IMA Pro Poker Player Quote
04-07-2015 , 05:40 PM
Quote:
Originally Posted by Li0n
Played for 6 years

2 years as sole income.

Beginner Tips:

Make sure you have a solid social life outside of poker. Loneliness crushes your game.

Make friends at the poker tables without letting it distract your game. Go in with a good attitude and chat it up with the players. Most of them are there to have a good time and if they're having a good time they'll play more hands. If they play more hands you'll make more money.

Pay your bills early but not so early that you dent your bankroll too much. Usually they say pay your bills 6 months in advance but that's unrealistic (Even Ivey slept under a bridge a few nights). Pay your debts but make sure you don't use all of your investment capital.

When you get that little voice in your head telling you to quit. Do it. Immediately.

If you have something better/more fun to do with your time spent playing poker do that instead. This isn't to say you should be lazy however, if you simply want to sit at home and watch TV don't be a fool, just show up and grind out something, you'll feel much better if you do.

Eat a clean diet and do some sort of exercise. If you don't take care of yourself, your game will weaken.

Find a community within the game and make sure they're not degens or at least make sure they're winning degens.

Get used to losing. If you can't handle losing large sums of money then you can't handle winning larger sums of money.

Always remember: Have ****ing fun
I could relate to a lot of this.
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04-07-2015 , 07:56 PM
Quote:
Originally Posted by OSUTexan
I've been a pro since early 2011....I won an FTOPS, moved out to South Florida and within a couple of months....black Friday happened so I was left in a spot where I had quit a decent day job (have a college degree with some work on my masters), moved across the country, and had to change my plans to playing full time live (without receiving all my money off full tilt at the time).

I play predominantly 2/5 and occasionally 5/10....hourly rate has steadily grown over the years but stayed between $40-$60 per hour on a yearly basis. I've been able to play higher but have always stuck to stakes that I know I have a big edge at. My issue has always been the ability to get in the hours (typically get in 1200-1500 hours per year). I've learned to only play when I'm in a condition to play my A game meaning: I've got to the gym, in a positive mind frame, had adequate sleep, got my studying in for the day, and WANT to be at the poker room.

The conclusion I've come to at this point is this....poker is a game that I love and I'm good enough to beat consistently. I simply need more to my life though. After ruined relationships, going through a huge chunk of my bankroll from overspending/partying, drugs, crazy women, dealing with the emotional roller coaster day after day, depression (all occurred within first two years of playing...have calmed down dramatically now)....I really had some evaluating of my life to do. While a lot of these "life leaks" have nothing to do with poker...they still do in a way. Poker is simply a business if you want it to be a living and you have to treat it as such. Fast money and a lot of temptation is difficult for anyone...there's a right way and a wrong way to handle it simply. If I would've been at my old job and living this way....I would have been in REALLY big trouble though. In a game that I've always prided myself having such discipline in....simply wasn't true with my life outside the poker tables.

A year ago, I decided to get involved in real estate out here and get my license. I can't tell you how much more I enjoy my life now that I've taken a lot of emphasis off playing poker full time (not to mention I enjoy playing a lot more, making the same if not better money, and actually playing better IMO). I still play about 20-25 hours per week but spend mornings/the rest of my day focusing on other endeavors. I'll always be a poker player but at this point in my life (early 30's), I simply want more and expect more out of myself.

For those of you who want to give it a shot, it takes a lot of hard work on/off the tables. Poker is the same as the game of life....all you can do is simply make the best decisions possible and not worry about the things that are out of your control. In the end, to this day I DO NOT regret my decision to move across the country to play poker full time. Everyday is my own to do as I wish, I go to the beach on a daily basis, love both of my jobs, make good money, and each morning is full of possibilities...love the life I've created. Taken a lot of hits though and will continue to do so in the future....it's the way life works.

All-in-all....you have one life to live so get out there and make it original....do what you love and take some chances. Just be smart about it.

....and if you need a home in South Florida...hit me up
Wow...Thank you for the detailed post.

As an immigrant I have no desire to risk everything I have gained by focusing on poker alone. My biggest fear was/is that the games will change (or dry up) and I cannot adjust just as I dive into poker full-time.

But the possibility of freedom from 9-5 is enticing (not to mention the lack of a supervisor who watches my clocking in/out). My current job requires me to hand hold some folks with minor IT issues while at the same time develop actual database reports & solutions that the whole group can use. Drudgery mixed with productive times - same as any job.

Coming to the questions part - how do other poker players (in your view) support families on $40-$60 hour profit? It seems insufficient for players with families and bills (health, education etc) to pay. Do the successful ones take measured risks to bink a tournament or do they continue to have a career outside of poker?

This is probably answered somewhere already - but I am hoping to hear your thoughts.

Thanks!
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04-07-2015 , 09:40 PM
True fact: very very few poker players can support a family using poker alone.

Tourney pros are unicorns that exist for story time.
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04-07-2015 , 09:55 PM
Quote:
Originally Posted by Richard Parker

Tourney pros are unicorns that exist for story time.
Agreed, cash games are the path to longevity if you're going to make it
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04-07-2015 , 11:12 PM
heres the thing, chances are you are not going to make it big playing poker. you arent going to be a millionaire (unless you are in the top .0000001%)

what you can do, and what i strive to do, is make an extra $15-$20k per year playing poker. I pay my bills with my income from my job, and use poker winnings to do some of the things that i wouldnt be able to do on my modest salary; vacations, nicer restaurants, etc.

I am happy with this. Sure it is fun to dream of being atop the pokerstars leaderboard, but i am happy with my realistic goal.
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04-08-2015 , 12:18 AM
Quote:
Originally Posted by PhillyEagles9
heres the thing, chances are you are not going to make it big playing poker. you arent going to be a millionaire (unless you are in the top .0000001%)

what you can do, and what i strive to do, is make an extra $15-$20k per year playing poker. I pay my bills with my income from my job, and use poker winnings to do some of the things that i wouldnt be able to do on my modest salary; vacations, nicer restaurants, etc.

I am happy with this. Sure it is fun to dream of being atop the pokerstars leaderboard, but i am happy with my realistic goal.
There you go.
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04-23-2015 , 05:01 PM
Quote:
Originally Posted by MaxValue1234
Agreed, cash games are the path to longevity if you're going to make it
Cash may be important but real money is in tournaments and has been for 8 years.
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04-23-2015 , 05:24 PM
Quote:
Originally Posted by DeadMoneyWalking
Cash may be important but real money is in tournaments and has been for 8 years.
ill bite sir - enlighten me
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04-23-2015 , 05:34 PM
"Real" money means 100k+, ldo.
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04-23-2015 , 06:17 PM
Quote:
Originally Posted by Richard Parker
"Real" money means 100k+, ldo.
this.
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