.

LOL this is so stupid.

I’m 43. And I had to get a bachelors degree to get decent work. My house (that I bought 2 years ago) cost exactly 3.2x my annual income. I didn’t buy my first house until I was 31.

You are a 24 year old with no secondary education because you got kicked out of school and no fall back plan for when you inevitably either burn out from poker or go broke.

Your life is going to be hard because you are really immature and have made very poor decisions that will follow you for the rest of your life.

And yes, you really do have entitlement issues. And your complete lack of humility is another big problem.


Sent from my iPhone using Tapatalk

It's not too late for OP to turn his life around. I was a 4.0 high school student, 34 ACT, etc. and flunked out of college twice due to becoming a degen and an addict.

Met a great woman, got my act together and went back to school at 25. Earned a CS degree with a 4.0 once I went back and by 29 was making 6 figures in a low to medium COL area, and am able to degen pretty much as hard as I want now and still pay all the bills and max out retirement accounts.

All great advice. None of which OP will take any notice of whatsoever.

You want a cookie?

You want a cookie too?

Why? For giving OP honest good advice and not sugarcoating his reality even further?

yes

Don't worry. Nothing's going to stop the train wreck. The throttle is jammed on open.

At this point grab the and hang on.

Before black Friday there was a ton of easy money to be made in poker. That is not the case in 2018. If your goal is to get rich, poker is not the right career path for you.

Still plenty of room to get rich though pal.

OP there's a video series on RIO called "Training for Poker Like an Elite Athlete". Check it out. I think you would get a lot out of it.

If you are a professional poker player in Australia, with no visible income, do you have to pay tax? (via tax return lodgement ) What data does Crown and other casinos provide to ATO?

Thank you. For once someone gives me some advice that doesn't involve telling me to give up on my dreams.

No. In Australia, we don't tax "windfalls". These include:
- Gambling winnings
- Inheritance
- Gifts (other than specific gifts like cars and houses which involve a kind of tax known as "stamp duty")

No information is provided from Crown to the ATO, however, transactions over $10k are recorded and passed on to the anti money laundering agency.

I love this meme haha

what kind of a man hopes for the downfall of another man that he never even met?
Your problems are 10x worse than the op

Umm.... maybe the kind of a man who called us fa ggots for offering the OP "good honest advice".

FYI my post was directed at you specifically, no one else.

As long as you live with this lifestyle you will never be able to afford a wedding. If you can’t live off what the two of you have and save money without touching your bankroll, you:

A) need to go back to school so you can get a better job
B) live more frugally than you do now, which means no expensive dinners, no air travel and no strip clubs with overpriced booze
C) need a lot more personal discipline in all aspects of your life
D) need to learn how to manage money in general more so than even learning bankroll management
E) realize that “sharing” the bills is patently false. She basically lives off of you (dinners, new phone, etc)
F) stop blaming others for your gf’s failures. Consider that she might be the problem. Blaming the economy for her situation is like blaming the dealer when you inevitably go busto.

This is all headed for disaster, but you do you.


Sent from my iPhone using Tapatalk

To be clear, American players do not have to tip every time they win a medium sized pot.

I'm not sure why you want to be like them. The most successful grinders tend to be the ones that transition out of poker. Regardless, you don't have a great mental makeup for grinding poker. Just look at this next post where you are already bored of the low stakes grind:

Some of the biggest whales i know don't want to punt off their rolls. They want to win, just like you.

5/T+ atmosphere can vary based on the players, but over time it's likely that the game will drag for you just as low stakes does. If atmosphere is of great importance to you the game you should be playing is PLO. Sure, you aren't rolled for it but it is definitely the most consistently fun game played in a casino poker room.


I just found this post funny that you called a 7x raise with Q8 from the CO but in a strat thread advised a fold of QJo in the HJ after multiple limpers.

It's a sad story when being worth 5 figures is a measure of success.

I know a guy that won and subsequently lost $750k playing blackjack. Actually he lost more than that by taking out markers in the casinos (they've all sued him). He had a plan too but it didn't work out very well.

I don't want you to fail. I'd like to see you make better decisions.

There was a pro in Austin that was recently shot during a robbery while leaving a card room. Was he robbed because he posted chip stacks on instagram? Maybe. Was the robbed because he was a known player in the biggest game? Maybe. Either way there is danger inherent in playing live poker.


There does seem to be quite a bit of disillusionment among Aussie Millennials. It seems the Aussie economy has lagged the rest of the world economies and young people have suffered particularly bad because of that. That's too bad. At least there isn't a recession though, which is what we had when I entered the workforce.

Sounds like a terrible place to try to make a go at being a poker pro.

I'm not sure why you think it won't happen. Mortgage rates just hit a 7 year high this week and they will continue to go up. Ten year treasuries are now over 3% and the Fed is expected to hike rates multiple times this year and next. I'm sure it's not just the US government that has a significant amount of debt. Italy, as one example, has significant debt problems at the moment: over €2.3 trillion in debt which is 132% of GDP. This sort of thing can't go on forever.

A winning 5/T player would be able to build up a 2/5 bankroll in short order.

If it did then more players would play poker for a living there. It's very important that poker pros keep their costs down and is a major reason why there are so few pros in LA (relative to the # of games)

He is just a rec player that makes his living through social media. He hasn't relied on trying to make a living from poker in quite some time. Regardless, he didn't have what it takes to be profitable at poker. Maybe you do, but you will need to open your mind when you receive criticism.

You need to put hard and fast rules in place that you have to leave when you are playing bad like this. It will save you many thousands of dollars in the long run. Also, maybe punish yourself for playing bad and reward yourself for playing good.

I played poker for a living. I no longer play poker. I could care less about the poker ecosystem. I advise most players not to play poker for a living. If you are 18-22 years old I think it's a good gig for that age (but still advise finishing college). If you have a major felony or are a sex offender then it may make a lot of sense to play poker for a living. Otherwise, it's mostly a dead-end career. The income ceiling is low and has only gotten lower in recent years.

I believe that the 2 biggest things that caused me to tilt were:
1. Playing whilst tired.
2. Living an unhealthy lifestyle in regards to diet and sleeping pattern.

Both of these problems were caused by my job: working late night shifts, eating pizza after work, grinding after feeling drained from work... it just wasn't good for my mental game.

I believe that I have the skill to crush the 1/3 NL, 2/5 NL and the 1/3 PLO games at my casino for a pretty decent win rate. I even believe that I have an edge against many of the regs at those stakes. But the main things that have always been holding me back were my bankroll and my mental game. And now that my bankroll is pretty much at the point where I can grind all of those games, it just comes down to fixing my mental game, which I believe was primarily caused by my job and the unhealthy lifestyle that resulted from working night shifts.

I think that the decision I made - to quit my job - should significantly reduce the chance that I go on monkey tilt again, and will just generally improve my satisfaction in life. I can now take pride in my life, rather than constantly being embarrassed to tell other people what I do. And those who are happier and more confident about their lives tend to tilt less on the poker tables. Those who see themselves as degenerates, even subconsciously, are more likely to tilt. And I felt that my job was a great way of reducing morale and keeping me at the bottom of the food chain, no pun intended. To put it bluntly: I just think that I'm better than that. I can do better than a sh*tty pizza delivery job.

People say that poker is a dead end job? I completely disagree: you can easily earn $100k+ per year as a professional poker player, tax-free. In my opinion, anyone earning 6 figures is doing a fantastic job and should be very proud of themselves. No one earning $100k per year should ever think "damn this is such a dead-end profession with a low ceiling, I need to change careers".

Try working as a pizza delivery driver where the ceiling is being promoted to manager and earning $25/hr before tax, whilst being treated like sh*t by angry customers and then having the store owner yell at you for "why did you achieve such a bad rating?!" Despite the fact that the customer was in the wrong and their stupid rating means f**k all.

After I get through these last 2 weeks of work, I'm going to immediately work on fixing my sleeping pattern and going to the gym. My mental game should substantially improve after that.

I believe that I have what it takes.

Fair enough, although this is live rather than online. What is the right career path to get rich?

Yeah I never understood this thinking "rec players just go in expecting to lose all their money". No, you don't play poker for real money at high stakes unless you want to win. They might approach the game in the wrong way, be lazy with studying etc. but they want to win just like pros do.

Re: career path to get rich

If literally working from rock bottom starting at 18 in US:

Server while attending community college. Eat ramen, have roomates. No vacations, no purchases, no anything.

Degree in stem OR accounting/finance (inside joke). If booksmarts aint ur thing, gen business.

Last 2 years transfer credits and attend a name school (4 year state university).

Junior year begin internships. Anywhere. Schools work with you and these are basically handed to you.

Graduate and start low 40s to low 60s depending on general business -> aerospace engineer. Start at big name corp first to build resume and for easy movement / career progression.

NO PURCHASES. No new car, no condo downtown. No kids. This is why most people are still breakeven recs.

Network like a mother****er. Lateral 18 months. Promotion 18 months. Repeat. Be confident and network network network. If you ever think your job sucks or your boss sucks, time to network some more.

Force save. Max 401k and then send the rest of it to index funds. Upgrade to ramen with meats and veggies but that's it.

By 30 be at 6 figs with a $200k portfolio that is generating another $15-20k a year in dividends/growth. Millionare by late 30s. Assumes no market corrections blah blah blah.

Go to the casino and be a degen whale that punts stacks blind and feeds the next generation of "6betmes"

Making 6 figures at poker isn't easy. It's not easy at all. Poker is a brutal way to make a living in general. If you think a 6 figure ceiling is high then you have very low aspirations..especially living in a place with such a high cost of living. Making $100k is really good when you are 24 years old but becomes worse and worse as you get older (and most grinders don't make $100k+).

As you begin to play bigger games what you should find is that the vast majority of recreational players make way more than you could ever hope to attain grinding poker. Hopefully this will open your eyes to what is actually possible.

BTW, it doesn't take much skill to beat 1/3 NL, 2/5 NL, or 1/3 PLO. That's the easy part. The hard parts are discipline, mental game, and dedication. You seem to be weaker than most in these areas.