Quote:
Originally Posted by Chipdouglas1
Hi
I might be about to be made redundant and am considering trailing playing live cash games ($2/$5) at Perth's Crown Casino. I play on the side at the moment (both online and live) and was hoping that if my current hourly rate was sustainable I could avoid having to go back to the 9-5. Reading comments on forums (mostly based on the US) it seems like a $50hr profit is the best you can hope for.
In Australia poker is tax free so whatever I take home I keep. What is a realistic hourly rate I can expect? What further information do I need to post to help with any advice?
The rake is 10% capped at $15 and the max buy in is $500. I would imagine the standard is similar to Crown Melbourne
Any advice appreciated
Cheers
Chip
Firstly I would say for 95%(+) people in your situation it would be absurd to consider grinding live 5/5 as a full time job.. Maybe if you are in a position to be semi-retired or some how do not need to rely solely on winning to live.
How many tables do they run at 5/5 in perth?
crown is 1-2 and the rake is $10 cap. even this is not enough to rely on as full time income. I cant see action in perth being any better and the rake is way higher.
Do it for 6 months I can tell you, even if you do well, you will grow to hate the grind. Its fun to start off with getting out of the 9-5 grind having no boss etc but it gets insanely boring and you need some sick work ethic to get consistent results.
I have been in the made redundant situation and done poker for 14months. If I could do it again I would travel to US and europe and grind out
much better games. making a 'working holiday' of it. * all while looking for another job/ means of income
Last edited by 1968; 05-09-2015 at 11:03 PM.