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Old 11-15-2009, 06:31 PM   #51
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Re: 35, wife losing job - Advice

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Originally Posted by mmac900 View Post
Great, just moved up to NL25, thanks for asking!
Maybe you can share your experience with OP for being a professional NL grinder cuz like you're totally experienced on the subject.
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Old 11-15-2009, 09:05 PM   #52
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Re: 35, wife losing job - Advice

get a divorce
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Old 11-15-2009, 10:12 PM   #53
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Re: 35, wife losing job - Advice

i was going to suggest teaching wifey too, but i see others already have. i wanted to do this with my wife, but now she thinks she is "going to be a writer". whatever. all i know is that it seems like ANYONE with even rudimentary skill/discipline should be able to make a few hun a month (including rb etc). playing 25nl on about any site.
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Old 11-15-2009, 10:24 PM   #54
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Re: 35, wife losing job - Advice

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My wife will be losing her job in shortly. I'll have about 5k for a bankroll and 25k behind for an emergency fund. My day job can sustain all of our fixed bills. Is it possible for a 35 year old (seems like a dino in today's game) to grind out a 1k a month to start playing almost a full time schedule? That's all I need to cover expenses. Rakeback should help too. Any advice? I am planning on 6 max NL 50 to start. Trying to be conservative bankroll wise. Maybe NL 100. Assuming I'm not a total donk what's a decent player make at that limit? Can someone my age rise through the limits given I put in the hours?

Also, I haven't withdrawn in the new era (thanks Frist), is it easy to consistently cash out? Maybe a monthly check?

Any thoughts are appreciated. Thanks!
Use your head man. If you have to ask, you almost certainly can't do it, and it sounds like you've got enough to occupy you for now. Please consider the possibility that you are more likely to leak money than make it.

I'd usually say something like, "play micros and see how it goes for a while", but the way you're asking it sounds like you might be the type to win $40, and then go blow off $3k when you can't stand the grind.

Is there any way you can get your wife into some classes or something that might make more sense? Poker isn't going anywhere anytime soon.
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Old 11-15-2009, 10:28 PM   #55
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Re: 35, wife losing job - Advice

$1 DoNs ftw
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Old 11-15-2009, 10:31 PM   #56
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Re: 35, wife losing job - Advice

And for what it's worth, I'm 34 and the Mrs. is in danger of losing her job also, so I understand where you're coming from. She does well for herself as a cost estimator but the construction business is extremely slow. We're talking about her using the opportunity (if she loses her job) to go to law school and things like that, and you're talking about grinding NL50 for an extra k.

I can understand that coming from a 20-year-old, hell it might even make some sense there, but you should be old enough to know better. At least you have some money saved up.

Good luck whatever you do.
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Old 11-15-2009, 10:34 PM   #57
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Re: 35, wife losing job - Advice

assuming thread is not a level OP should post this in BBV for serious responses
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Old 11-15-2009, 10:41 PM   #58
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Re: 35, wife losing job - Advice

Hope things work out for you guys Gonso.
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Old 11-15-2009, 10:45 PM   #59
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Re: 35, wife losing job - Advice

Out of 15K that was withdrawn.... how much was made from 50NL? How much was made from MTTs? Or other? Just curious. If you withdraw money from poker it should stay withdrawn imo.

Kudos to you for keeping job. GL with you situation.
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Old 11-15-2009, 10:49 PM   #60
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Re: 35, wife losing job - Advice

^^^

We'll be okay. Our expenses aren't high relative to our income and we have very little debt, and she'll get the max unemployment if it comes to that. She's got two bachelor's degrees in Poly Sci and Criminal Justice and would probably prefer to move into that field rather than what she does now anyway.

But regarding the OP, his wife's job loss is obv a major factor in his decision and they're dipping into their emergency fund, which sounds like an argument against his plan if anything.

And yes this should probably be moved
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Old 11-15-2009, 10:51 PM   #61
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Re: 35, wife losing job - Advice

[x] Look for another wife
[ ] poker for profit
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Old 11-15-2009, 11:02 PM   #62
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Re: 35, wife losing job - Advice

BBV would be a good place
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Old 11-16-2009, 12:06 AM   #63
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Re: 35, wife losing job - Advice

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Ok seriously, GTFO. Every player plays with the intention of winning money, otherwise no one would play and many do win.
Disagree - I've read that less than 5% of poker players are Long Term winners. Don't get me wrong. I'm serious about poker and want to be one of those 5% winners but I'm not so naive to think that even with the hard work and hours that go into it, that my chances are that great.
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Old 11-16-2009, 12:10 AM   #64
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Re: 35, wife losing job - Advice

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Disagree - I've read that less than 5% of poker players are Long Term winners. Don't get me wrong. I'm serious about poker and want to be one of those 5% winners but I'm not so naive to think that even with the hard work and hours that go into it, that my chances are that great.
you intend to win though fella? Right? No one intends to sit at a poker table and thinks I am looking forward to not winning today/rest of my poker career
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Old 11-16-2009, 12:25 AM   #65
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Re: 35, wife losing job - Advice

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you intend to win though fella? Right? No one intends to sit at a poker table and thinks I am looking forward to not winning today/rest of my poker career
My intent is to win. I love the game and hope to be in that 5%.

Last edited by oceannites; 11-16-2009 at 12:31 AM. Reason: spelling
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Old 11-16-2009, 12:44 AM   #66
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Re: 35, wife losing job - Advice

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Playing poker with the intention of making money probably won't work out imo
Then what do u play for, so u can tell 2+2 how good u are lol.
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Old 11-16-2009, 12:54 AM   #67
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Re: 35, wife losing job - Advice

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Then what do u play for, so u can tell 2+2 how good u are lol.
I like the idea that my bankroll and my money are detached. It's cool that I cash out once in a while and buy some nice stuff for myself but I'll probably be playing higher today if I didn't. And supporting myself would bring a whole new set of challenges I wouldn't want to go into - putting in hours against my will, handling variance and downswings etc. I don't know if I even want to go down that path even if I can win more than my day job.

At the end of the day, no matter how much I hate it at times, it's recreation for me. I can play whenever I feel like it, or not play for a week if I choose to, and I can challenge myself to a new level when I can afford it. People play for different reasons, and I don't speak for everyone, but there are a lot of people who play for the same reason as I do.
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Old 11-16-2009, 01:06 AM   #68
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Re: 35, wife losing job - Advice

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I like the idea that my bankroll and my money are detached. It's cool that I cash out once in a while and buy some nice stuff for myself but I'll probably be playing higher today if I didn't. And supporting myself would bring a whole new set of challenges I wouldn't want to go into - putting in hours against my will, handling variance and downswings etc. I don't know if I even want to go down that path even if I can win more than my day job.

At the end of the day, no matter how much I hate it at times, it's recreation for me. I can play whenever I feel like it, or not play for a week if I choose to, and I can challenge myself to a new level when I can afford it. People play for different reasons, and I don't speak for everyone, but there are a lot of people who play for the same reason as I do.
I don't have dreams of winning the World Series of Poker on ESPN

I'm not playing for the thrill of f****** victory here. I owe rent, alimony, child support. I play for money. My kids eat.
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Old 11-16-2009, 01:12 AM   #69
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Re: 35, wife losing job - Advice

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I don't have dreams of winning the World Series of Poker on ESPN

I'm not playing for the thrill of f****** victory here. I owe rent, alimony, child support. I play for money. My kids eat.
I'm happy I'm not in your situation (yet)
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Old 11-16-2009, 01:31 AM   #70
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Re: 35, wife losing job - Advice

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I'm happy I'm not in your situation (yet)
We can't run from who we are. Our destiny chooses us.
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Old 11-16-2009, 03:16 AM   #71
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Re: 35, wife losing job - Advice

Here is my perspective on it.

I currently play 50NL mainly and I 12 table. By doing this at 6max tables because you have to fire up the tables from the start and keep finding decent tables and keeping them updated. So I average around 900 hands an hour. My win rate is at 4ptBB on pokerstars. I throw in some random 100NL tables if they have a bunch of fish on them as well, so like 2-4 100NL tables are going on out of my 12 tables. Now my hourly win rate is around $36 an hour. Factor in rakeback. That adds about $6 or so an hour. So I average $42 an hour over the last 100k hands. This is just at 50NL. Now you won't be able to get in 40 hours a week unless you have some serious dedication. I struggle to get in 20 hours a week but I manage. But I also am full time at school and have a part time job. So maybe it will work out better for you. But $1000 a month is EASILY attainable at 50NL. I worked my way up from the smaller stakes starting at 1c2c and progressing up and making sure I was a winner at each stake for like at least 50k hands. I have the bank roll but stalled out at 50NL because I am happy with the money I am making at it currently (probably negative EV move on my part huh??) anyways good luck man.
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Old 11-16-2009, 04:05 AM   #72
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Re: 35, wife losing job - Advice

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Here is my perspective on it.

I currently play 50NL mainly and I 12 table. By doing this at 6max tables because you have to fire up the tables from the start and keep finding decent tables and keeping them updated. So I average around 900 hands an hour. My win rate is at 4ptBB on pokerstars. I throw in some random 100NL tables if they have a bunch of fish on them as well, so like 2-4 100NL tables are going on out of my 12 tables. Now my hourly win rate is around $36 an hour. Factor in rakeback. That adds about $6 or so an hour. So I average $42 an hour over the last 100k hands. This is just at 50NL. Now you won't be able to get in 40 hours a week unless you have some serious dedication. I struggle to get in 20 hours a week but I manage. But I also am full time at school and have a part time job. So maybe it will work out better for you. But $1000 a month is EASILY attainable at 50NL. I worked my way up from the smaller stakes starting at 1c2c and progressing up and making sure I was a winner at each stake for like at least 50k hands. I have the bank roll but stalled out at 50NL because I am happy with the money I am making at it currently (probably negative EV move on my part huh??) anyways good luck man.
You can't lose what you don't put in the middle.
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Old 11-16-2009, 04:14 AM   #73
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Re: 35, wife losing job - Advice

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Originally Posted by dlee73 View Post
My wife will be losing her job in shortly. I'll have about 5k for a bankroll and 25k behind for an emergency fund. My day job can sustain all of our fixed bills. Is it possible for a 35 year old (seems like a dino in today's game) to grind out a 1k a month to start playing almost a full time schedule? That's all I need to cover expenses. Rakeback should help too. Any advice? I am planning on 6 max NL 50 to start. Trying to be conservative bankroll wise. Maybe NL 100. Assuming I'm not a total donk what's a decent player make at that limit? Can someone my age rise through the limits given I put in the hours?

Also, I haven't withdrawn in the new era (thanks Frist), is it easy to consistently cash out? Maybe a monthly check?

Any thoughts are appreciated. Thanks!
stop saying that your old for starters as for quitting your job not sure asking us is going to help any maybe take a leave of absents for 3 months and see how it goes good luck
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Old 11-16-2009, 04:30 AM   #74
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Re: 35, wife losing job - Advice

I think your getting into playing full time for the wrong reasons which, unfortunatly wont work out.

Keep the job, up the hours playing poker try advance your game. When you feel like "Yea im beating the game, i believe i can go full time" then do it.

Dont force it & gl
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Old 11-16-2009, 04:38 AM   #75
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Re: 35, wife losing job - Advice

1000$ on NL50 is just 20 stacks....thats not much

go for it and good luck
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