If people are making $19.25 US/hour starting wage at a fast food restaurant, I can only imagine what prices must be like!

Also, maybe I missed something because it was a quick skim, but I didn't see many people claiming $40 K/yr was a lot.

Edit to add: Just noticed your screen name; if can signifies Canada, I'd be curious where $25 Cdn/hr. is slightly above minimum wage. Pretty sure the answer is nowhere.

Probably before tax and after a helicopter drops a pile of money on his head.

https://en.wikipedia.org/wiki/List_o...ges_by_country

I see, there was no further demand to trade intra-Europe, thanks. (I would have guessed the rise in programmed trading must have also taken a bite out of the employment picture since the early 1990s.)

I had always thought currencies traded much like a commodity market, albeit with different drivers than orange juice futures for example.

Good for you ...

So Swoop my old friend...when you went bust, how did rebuilding from $1 MTTs go?

Where's this? If you made above minimum wage in my area and worked 80 hours a week, every week of the year you could make that.


edit: I seeing other posts I'm guessing you mean CAD money. When you make minimum wage in America your are making as much or less than a High school student does as far as hourly wage.

So this actually kind of happened to me.

Wrote a super long post but deleted it but basically, went broke-ish in 2015, transitioned out of full time poker and got a job paying 40k aud or so with a poker company, used that to pay the bills while I worked on building a skillset in sports betting, ran up a bankroll from scratch sports betting while working paid the bills, gradually moved up in unit size, Poker Asia Pacific went under due to owner not getting appropriate license to run the site, decided to sports bet as my main focus and succeeded, mixed in some live poker once the roll allowed and now i'm in far better shape than at any point prior to going broke in 2015 granted with most of it being from sports betting more so than poker although i've made a decent amount playing poker since I stopped playing ft too.

I'm way less intelligent/talented/driven than all of the high stakes end bosses like Dwan and I rebuilt easily enough, all of them could/would do it too

I do think if I left gambling for profit for myself behind entirely i'd have to either work for a sportsbook as a trader (I'm certain could walk into pretty much any book in Australia and be hired on skillset despite having an 11 year 'resume gap' in a position paying at least 80-100k) or go back to university while working part time and get some sort of a finance degree to get into the industry but again, all of these guys who are high stakes bosses could do any of that too or with their network of contacts they could easily get hired in a range of six figure jobs just because of how talented they are

You really don't think a Tom Dwan or a Doug Polk or a Jungleman type couldn't walk into a job that pays 100k outside of the poker industry with their talent even for those of them who never held a real job before poker?

I don't regret playing poker full time at all; could have made more money doing something else but it was a great experience, met great people, travelled the world, etc and learned a ton of important skills that are transferable to other areas in life. I doubt i'll ever play full time again but i'm likely to always play a little bit on the side especially in soft live games.

At the end of the day as long as you make 'enough' money enjoying your job is more important, i'd rather make 100k doing something I love than 500k working in a coal mine and people who work in that coal mine for 40 years only to enjoy their money when they're 65+ years old are doing life wrong

durr is playing stakes bigger than we thought existed:

https://www.youtube.com/watch?v=YEfuDCReLr8&t=2412

Funny to see this bumped as I was actually thinking of starting a thread the other day to see how other people had coped after moving on from poker in the transition to a normie life. I was by no means balling but made a good living from poker. I didn't have the same kind of passion for the game when they started getting tougher to study harder to continue to beat it and the transition to live poker never appealed.

I went back to school and got a degree in Electronic and Computer Engineering. I am a little under a year into a job as a Software Developer. I find it such a grind. I enjoy the job itself and find it interesting but having to be in a certain place at a certain time every morning 5 days a week, every week all the time I find incredibly tough. Working with people many of whom are very smart but like most people have little to no understanding of variance or results-based thinking is incredibly frustrating for many different reasons. The complete lack of freedom to set your own hours, a boss and the drudgery of the routine are soul-destroying.

Garrett Adelstein talked on Joey's podcast a while back about how he can have really good months and really bad months' mental health-wise. I am very much like that as a person, I can be on for months when I am incredibly social, huge work ethic, lust for life, etc and then I have times when I find people hard work, no drive, etc and just need time on my own doing very little. The 9-5 though doesn't care about any of this and you got to show up no matter what 90% of the time.

Going back to College was a breeze in this regard as you could blow off days or weeks and then do 12-14 hour days to make up for it and more. Poker afforded me the opportunity to live like that too and it just suited how I am as a person. Work though is just a constant grind of having to do it no matter how you feel and when I am not on it is such a struggle. The end game is to get enough experience to contract so I can afford myself that flexibility and freedom again but that is a few years down the line, unfortunately.

Are you a programmer? I guess you are since there is no other way to beat sportsbetting today, right? Nice story, wish I could do the same

That is a myth mostly - Of course models and data science is playing a huge roll, though there is still a lot of room in niche markets that can only be profitable with a specialist.

Hmmm is this true? All I see is perfect markets everywhere

The answer is no. Close the thread.

No, I do not think Durrrr or Jungle could easily transfer their poker skill set to another skill set that would net them 100k / year. Definitely not to an employer. Sports betting isn’t the answer either.