Quote:
Originally Posted by Triple7quinn
This may not be the best spot for this post, maybe goals and challenges, so sorry in advance if this is the wrong area. However the main question I'm posing is about live win rates, and for a lack of response I'm thinking this might be a better area.
Hi everyone!
Hello all!
I am still relatively new to posting threads, so I apologize in advance if it is all over the place and TL;DR. I've played poker for approx. 5 years now, but after BF I quit playing online/casino and just played recreationally with friends. Prior to BF I played micros online and didn't take it to seriously. Just enough to pay for cell bill, gas, entertainment expenses. etc... no actual responsibilities. In January of 2013 I turned 21 and for old times sake I went to a local casino to play. I bought in for $300 at 1/3 NL and ran into some positive variance. Playing again wiped off the rust from playing online and I quickly began obsessing over the game again. Since January I have been playing part-time to supplement my income from my permanent part-time job. So far I have accumulated 340 hours and ~11,220 hands(assuming roughly 33 hands an hour). With only the 300 dollar BI, I have slowly built my roll up to $7,758 (have also cashed out $336 over the past 3 months). Correct me if I'm wrong but I believe $/HR and BB(Big Blind)/100 is essentially the same # at these stakes assuming 33 hands an hour. So I am earning $22.92 hr as well as 22.92BB/100. Is a BB/100 like this sustainable in a Live Casino setting? I am used to online when I made about 3 BB/100 but I've heard much higher winrates are attainable.
Current Life Situation:
I am now renting a condo on a year lease and am soon to have my vehicle paid off. While still being in college I do not intend to work at my current job as a career. With that being said I very heavily have the itch to play poker as my sole source of income while finishing out college. I a have no kids and am not married. With my current job I bring in about $1200 a month and have maybe $200/mo left for savings/entertainment expenses.
Live Poker Pro Q's:
As mentioned earlier, does that winrate translate into a feasible expectation of something that could be attained in the long run? Also what other 'hidden' expenses are generally not accounted for while playing poker as your sole income; (i.e. Not having benefits such as health insurance).
My current goal:
To grind up to a $10,000 bankroll and ideally play poker throughout the rest of my college career, unless persuaded otherwise. Keep in mind I'm not leaving a career to play, however my current job is a decent one for a college student (regular raises, 401k, health benefits).
Thank you in advance! Any help is appreciated, especially from live players!
Answer is...... well.. It depends.
How good are you? What's the buy-in? How good are the games where you play? Do you table select(you better)? Change seats? Play nights and weekends?
From my experience:
I'm a 1-2x / week player with good job but enjoy the game. Decent online history. Since BF I put in about 500hrs /yr at 2-5NL mostly 500-600 max buy-in and a little bit of 5-5NL/5-10NL.
I play at Sands and Borgata mostly plus some other places. I feel the games are ridiculously soft at 2-5(don't even ask how bad they are at 1-2NL). It starts to get a little better at 5-5 and better still at 5-10 but not that much better just a lot more aggressive.
I still make a decent amount of mistakes and leave money on the table, but my game is pretty solid. I pretty much am printing money at 2-5 without too much variance. First 500hrs at $44/hr. 2nd 500hrs at $79/hr. Running above that since I passed 1000hrs.
So
if you are any good and
if you play in any decent market and with $300 buy-in at 1-3 you should be able to do $30/hr and maybe push $50/hr. If you are a superstar(probably not by your history) maybe $65.
Where do you play? How are the games? Lotta rec players?
As far as going pro. Forget it. Stay in college get a good job and play poker as an enjoyable and profitable hobby. That way it stays a game, not a job, and actually will remain fun. Don't become one of the many unhappy pro's who now hate the game which has become a miserable drudgery as a job. As a job, where you must win just to pay your bills which constantly eat away at your bankroll, poker sucks. No healthcare for you or your family, no guarantees, nothing. It's a hard and stressful way to try to survive and it gets harder every year.