I, like many other parents, would not trade anything in the world for our kids. YMMV obv.
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At least the kids as you call them are making there own way and not on the tit collecting disability cause they have (insert bull**** ailment here).
It's absurd for anyone sticking up for poker playing as a career to complain about others being "on the tit". Poker players don't do anything productive: we are inherently parasitic (and before getting too outraged, note that I wrote "we", not "they").
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You're not poor but 60k isn't much money
OMG, I would be so styling with $60k a year. Right now with a wife and three kids we are getting by on less than half that (which included a couple grand a year from playing poker online, but not any more obv.; and the closest casino cash game is nearly 200 miles away).
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Seeing 20 somethings playing pro doesn't make me sad - perhaps jealous, but not sad. Frankly, it's probably the only time in their lives they can make the choice to do something fun and carefree. I don't see it as any different from a kid who spends a couple years as a ski instructor or lifeguard. Do it now, while you're young.
Agreed.
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also, how is this any different from someone who spends all their time practicing a sport in hopes of becoming pro. my buddy took out a loan to try to get through Qschool and he's probably not going to make it.
My brother-in-law is trying to do this right now (become a golf pro, for those not familiar with the terminology). I think those tournaments are an incredible ripoff. One of my best friends took a shot at being a tennis pro, and although he didn't make it it was only $40 to enter those tournaments as opposed to $1500 or whatever.
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Let's say its half that. Which is right around what I made grinding playing 2040limit live in so cal. That money is Net money. Tax free.
It's not tax free. Dan Harrington strongly advises, in the excellent 2+2 two-volume HoH on cash games, that poker players should keep track of their income, declare it on their tax returns, and pay the appropriate taxes. If you don't, you're breaking the law and could go to prison if you can't explain to the IRS why you're not filing a tax return (or are declaring very little income if you do file), yet you have all this nice stuff. And incidentally, not paying taxes on poker income is parasitic squared as you're living in society and benefiting from the infrastructure and laws (try living in Somalia if you don't think you benefit) without paying for them.