Holy fk. I have so many things to say about this. You and I are basically doing the same thing but with extremely different approaches. My weekly expenses are 5 times higher than your monthly nut lmao. I wouldn't rent out my balcony for 2100 a month so well done on the place!
I'll be pretty ***** impressed if after a few months you're still doing this thing on $200/month and aren't completely suicidal. $25 entertainment? What does that entail exactly?
Not necessarily true. You can cop mad freerolls on the girlies, but this will be very difficult living the way you do, especially if you're not willing to buy drinks etc. As old mate said, I'd snap uninstall the Tinder and stay tf away from the girls for as long as possible - if you're anything like me, if there's one thing that will cause you to fail/fall behind it's the fkn girlies getting in the way!
Oh by the way you can definitely save some money on water too. Between us I think we pay ~200-300 baht to get 4-5x~5 gallon bottles delivered to the apartment each week. Just buy in bulk/as much as you can carry home obv instead of those tiny bottles.
What else. Don't bother coaching man. Don't even consider it. Even if you get some 5nl reg as a student, you're really still not qualified to teach them ****. There's really nothing you can teach them they can't learn for free, and they'll benefit from at least attempting to do it themselves. More importantly, the time you waste trying to help others will be WAY better spent doing exercises Lucas gives you/working on improving your game.
Quote:
Originally Posted by p0ker_n00b
I suppose I'll announce that a high stakes NL player who has a few mid to high stakes students has accepted a contract with me for 60k, 50/50 splits.
He agreed to pay for my first few months living expenses if I start off shaky and don't profit. I will be 4 tabling normal tables on a softer site at 100NL to start.
I think Lucas is an absolute spastic to give you anywhere near 50% tbh. Obviously 50/50 is the standard for these CFP type deals but I don't think you realise how good of a deal that is for you at this point in your career. You're basically a berakeven micro player at this point, likely pretty confused and if you're anything like I was when I was in your position, not really improving at any acceptable rate.
What you're getting in exchange for your $30k is a methodology that will see you winning at midstakes pretty quickly if you apply yourself. And that's really a tiny price to pay for the skill set to be able to consistently pull a solid hourly playing midstakes. Right now you wouldn't be able to support yourself playing poker if you weren't living in a jail cell eating rice and onion every day. But soon you'll be able to pull out $50+/hour playing midstakes and that is actually a massive massive asset. You can do things with that ability. That's nearly 2x the average hourly rate in the USA. That's a serious skill set you can do stuff with. That asset is worth well over $30k, way way wayyy more. You'll actually be able to order a pad thai and have a beer occasionally, maybe barfine some cuties!
I don't know how long it'll take you to make $60K, but if you've really got 9 hours a day to put into it, I don't think it'll take very long. If I was Lucas I'd have paid you your $200/month and kept every penny of profit til you'd made closer to $100k. Because as soon as the contract is over you now have the skillset to go out and make a lot of money playing poker each year if you work hard.
So you should be really really pleased with the deal you've made in terms of the technical stuff, and you're also pretty damn lucky to get to work with this guy. Once you have your first $10k month you better bloody book a flight to Pattaya to celebrate with us lads. I'll get the champagne and turn the jucuzzi on.
All the best mate. I'm confident you'll do really well esp under Lucas' tuition AINEC.
GL