I am in the finance industry. I am getting let go and with the market the way it is there is nothing out there. So I will be going to mohegan and foxwoods. I have played for about 6 years at foxwoods and mohegan and i need to figure out a way to make around 150 to 250 a day about 5 days a week. I have a bank roll of about 2k and was wondering what the members here think would be the best option. I have played 2/5 no limit and on occasion 5/10 no limit also 10/20 limit and 20/40 limit all holdem..... I believe those may be too risky because of the swings. Thank you so much everyone for any help..... I need to be conservative.

No way to add to your 2k bankroll? Live poker will be your primary income?

If you have beaten the NL games you've played, it seems you would be doing yourself a huge growth disservice by not topping up your bankroll enough to play at least at 2-5 (which I would imagine 2k is way too small to do so, given that it's only 4 buyins, 10-20k makes more sense).

Thank you for your reply. Yes it will be my primary source of income. No way to get that kinda money ....

Personally I think rolling a 2K income to play as a live poker pro is a HORRIBLE idea and I STRONGLY urge you to reconsider your decision.

Making the decision to play poker as your primary source of income should only come about when:
1) You are a PROVEN winner in the games you play over a LARGE sample
2) You have 6+ months living expenses set aside outside of your bankroll.
3) You have an adequate / substantial enough bankroll.
4) You are comfortable putting in long hours in a casino

Honestly, if you are asking this question in an open poker forum, that should be evidence enough alone that this is a very poor decision.

I hope you reconsider.

I really appreciate your input. I actually agree with you but its more out of necessity not because i want to.

I would say with your roll play 1/2 for a while then move up depending on how you are running. I would only play 2/5 with your bank roll if the game going is extremely soft. Good luck to you.

that is my plan or possible play 5/10 or 10/20 limit?

also is there any plays who have a very conservative rule set they play for pre flop and so on thanks again to everyone.

You can't play 2-5 even if it's soft, no?

$500 buyin with a 2k roll, I mean a 4 buyin shot isn't even appropriate in a 70% winrate deep, online no blind increase heads up match, let alone a live raked FR game...

I really don't think you can take $2000 and expect to make $200 a day on average. Your risk of ruin will either hurt your EV too much or you will have to move down to much lower profit ceilings at lower stakes to avoid the high risk of ruin.

I don't want to sound rude but I have a hard time believing there is nothing out there for jobs. Just did a quick search of that area and while business isn't booming there are plenty of job postings. Are you actively seeking any job you can find for now? That's a much better strategy than trying to play poker. There's a lot of competition for employment but if you're willing to put in the effort you can definitely find something.

You might make $15/hr playing 1/2nl depending on the rake, but after figuring your travel/food expenses, taxes, and increasing your bankroll to account for swings (you're basically a lock to go broke long term if you're playing live poker full time with a $2k bankroll) how much are you really taking in? It's not impossible to do what you're trying to do, but it's very, very improbable and you'd be better off flipping burgers by day and digging ditches at night. Then when you figure the psychological effects of absolutely having to win in order to pay the bills, the way you're going to feel/play when you lose a few of your limited buy-ins, it's that much more difficult. And this is all assuming you're good enough to beat the games for that much.

The pressure of playing with a $2k roll will totally effect your game, if it is all you have your going to be massively scared of losing it, find a job even if its not in the sector your trained for and even if paid less than your used to, you can always use poker as a way of topping up your wages, but sitting there with just a few buyins is a recipe for disaster, even if your the worlds best player the variance will bite you in the ass sooner or later.

Good Luck man being laid off really sucks I hope you get your life together and figure out finances.

What you've been given above is some really sound advise. I was laid off in 2008, and tried online what you are thinking of doing. Horrible way to live. I even had a backer, and the pressure is still way too much. Life is too short. Do something else. Anything else. Find employment, any employment. Then restructure your life to meet your income. Much easier to do than make 200 a day at poker.

If your goal is to make 1000 a week, why not host a home game with a rake. The guy that runs the game I deal for occasionally makes about 25-30k a year hosting games twice a week.

Then make up the difference with a PT job or something.

Man I really feel bad for you. Def do not play 2-5. It's a long shot, but if you run good you may be able to pull it off playing 1-2. You got 20 BI at 50bb. So I'd just shortstack and hit n run like fool until I got my BR up to 4k at least.

Do you have money to cover living expenses at least, or is that 2k everything you have? If you have living expenses covered for a few months I'd say you have shot, if not you're definitely going broke so I'd look for a job now and use that 2k to support you while you do.

Jumping into professional poker with a short bankroll after being laid off? If ur even contemplating that then guess what? Ur too stupid to make money. Come over to the 5-10 in Hammond with 2 buy ins and tell everyone at the table ur story it's a real sympathetic environment MML

Get laid bro

Unless you've been beating the games for a while and you have a bigger roll I would not advise this.

Have you think of coaching poker as a short-term career?

If you have played poker (even if you're not a big winner), I'm sure you have value to offer to beginners who don't know what to do when they have ATo or pocket 3s. Some don't even know what website to play.

You can also create a simple package on how to start with online poker and get some passive income. If you don't know how to do it, PM me. I might be able to help.