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doubt about making money casinos doubt about making money casinos

01-19-2018 , 03:53 PM
Is it profitable to play in casinos? Do you have many fishes or sharks? Are the chances of making money bigger than playing with professionals? Does anyone here make a living playing only casinos?
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01-19-2018 , 05:03 PM
Quote:
Originally Posted by Vini247
Is it profitable to play in casinos?
For people with a reasonable amount of skill, yes.
Quote:
Does anyone here make a living playing only casinos?
Of course, check this forum out.
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01-19-2018 , 05:03 PM
Is it profitable to play in casinos? - if you are a lot better than most of the other players.

Do you have many fishes or sharks? - at low stakes there are many fish and few sharks.

Are the chances of making money bigger than playing with professionals? - don't understand the question but probably yes.

Does anyone here make a living playing only casinos? - yes but not me.
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01-19-2018 , 05:48 PM
Live poker is orders of magnitude softer than online. (OK, that's hyperbole, but you get the point)
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01-19-2018 , 06:11 PM
And besides poker, what other areas (such as NLP, for example) do I need to train to be a good player?
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01-19-2018 , 11:02 PM
Yes, there are a number of players that make a living playing poker live (paging Squid Face).

However, the odds are against you. You have to be much better than that average player at the table. Ideally, you want to be the best player at the table. Maybe the second best player can make money, too. After that, players are breakeven at best and often losers.

Even if you can raise your game to that level, there are lots of other snares to eliminate players. Poker appeals to people who aren't disciplined in their life. They like the idea of not having set hours to play. However, winning players are obsessively dedicated to playing with the whales and fish like to play: Weekends and holidays. Drugs and alcohol take a toll because people are happy if you want to play wasted. Dnegs freely admits he lost a million dollars because of drinking. There's lots of people around who want to be your friend, but only want to suck money from you. Think Dnegs again, but there are regular posters that I like that have done the same thing

Finally, there's the boredom of playing. Winning poker is boring. You aren't gambling, you're just collecting money like earning interest with your savings account. Even the best decide it isn't worth it any more.

I wish you good luck, but go in with your eyes open.
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01-20-2018 , 03:26 AM
Yeah venice covered it. So I play live poker, I'm basically a bottom-feeding tagfish rather than a shark, and I can see other players at the table who have a similar skillset to me but spew off money I don't because they get frustrated and make bad plays that are easily avoided.

I'd say the metagame is more key to live than online in many ways because the pace is so slow. If you can play a technically winning game in live poker, and I'd say that's about as tough as beating 2NL online, your first challenge is being able to fold for 2 hours in a row, get a hand, flop badly, fold and then go back to folding preflop without tilting.

Other challenges are all the general temptations that go with an environment filled with degenerates i.e. booze, gambling and drugs. I drink but never at the casino; I don't gamble at all unless I think the odds are in my favour and I bring my own pharmaceuticals (caffeine and pseudoephedrine). A lot of reg poker players piss money away at the slots and blackjack or get drunk and make idiot moves.

Last edited by WereBeer; 01-20-2018 at 03:32 AM.
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01-20-2018 , 08:11 AM
Quote:
Originally Posted by WereBeer
Yeah venice covered it. So I play live poker, I'm basically a bottom-feeding tagfish rather than a shark, and I can see other players at the table who have a similar skillset to me but spew off money I don't because they get frustrated and make bad plays that are easily avoided.

I'd say the metagame is more key to live than online in many ways because the pace is so slow. If you can play a technically winning game in live poker, and I'd say that's about as tough as beating 2NL online, your first challenge is being able to fold for 2 hours in a row, get a hand, flop badly, fold and then go back to folding preflop without tilting.

Other challenges are all the general temptations that go with an environment filled with degenerates i.e. booze, gambling and drugs. I drink but never at the casino; I don't gamble at all unless I think the odds are in my favour and I bring my own pharmaceuticals (caffeine and pseudoephedrine). A lot of reg poker players piss money away at the slots and blackjack or get drunk and make idiot moves.
I was about to say something similar, but I'll go beyond the degenerate behavior. I have only played live in a state-licensed charity poker room. I have been inside a few casinos, briefly. Here's why I'm not interested in a casino at this point:

1. The nearest charity poker room is 7 miles away and there are several more within 40 miles. The nearest casino that deals NLHE is almost 100 miles away. More money for gas and more wear and tear on the car.

2. I compared two tournaments, at the casino and the charity room, which had the same buy-in. The rake was the same. Again, why drive the 190-mile casino round trip when I can drive 14 miles instead?

3. Things in casinos are expensive. Some of the charity rooms are next door to inexpensive restaurants, or they are in a bowling alley that cells food. That $3 burger in the bowling alley may not get a 4-star rating, but I don't care. I don't need a massage girl or bottle service or any of that. I'm there to make money, not spend it. It's all about the benjamins.

4. I have no interesting in putting down money to play a no-skill game. Forget the money part--how is gambling even fun? Wow, that little ball is bouncing on the wheel, how exciting! (not)

I will put down money for something that's fun. I played in the Michigan Open chess tournament. I found out that I wasn't very good at chess. It was fun anyway and I enjoyed the challenge.

Last edited by Poker Clif; 01-20-2018 at 08:19 AM. Reason: spelling
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01-20-2018 , 01:02 PM
I have been a pro gambooler since 1992. Yes there are pros like me out there. However, the number of people who try and fail far far exceeds the number who succeed. People think that joining 2p2 and knowing a few buzzwords is all they need to win 10+bb/hr. This is false. I tell young dudes all the time that if I put in as much work at being a doctor as I have a pro gambooler I would have been a damn good doctor. That is how much effort it takes.

Playing winning poker aint rocket science. However, it takes focus, discipline, hard work, grit, and an ability to deal with a nasty soul sucking environment on a daily basis. This last part is something that people who do not have thousands upon thousands of hours in the casino are unable to understand. 95+% of the people in the poker room are not winning players and they feel like they deserve to be and they are dealing with some serious cognitive dissonance issues and their venom gets old once the glamour of being in the casino wears off.
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01-20-2018 , 02:33 PM
Advice to OP: Do what you want to do. More advice: Consider becoming an occasional recreational player with a serious poker budget. Become a decent player and develope a hobby that pays for it's self and remains fun. More advice : Listen to folks like Squid Face who happen to know what they are talking about.
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01-20-2018 , 05:11 PM
Quote:
Originally Posted by Vini247
Is it profitable to play in casinos? Do you have many fishes or sharks? Are the chances of making money bigger than playing with professionals? Does anyone here make a living playing only casinos?
Not profitable when you first start out. You're going to lose more than you win while learning to become a good player(however long that takes you), so keep a day job.

Research poker bankroll management.

Learn good table selection, and best days and time of day to play.

Last edited by JoseJohnnyJimJack; 01-20-2018 at 05:18 PM.
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01-20-2018 , 06:15 PM
play in games you can beat. that automatically builds a bankroll if you dont spend it. then get better and move up in stakes always only playing in games you are a favorite to win in.

that is the only way to success in poker.
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01-26-2018 , 02:56 AM
I am a newbie in poker and would like to avoid mistakes from the very beginning. I`ve read that its better to practice at online casino sites. Does it worth? I have played at lots of online casino and found that website XXXXXXXXXX for playing poker online. Any recommendations? Thanks in advance

Last edited by King Spew; 01-26-2018 at 03:31 AM. Reason: Removed link to an online poker site
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01-30-2018 , 06:32 PM
Quote:
Originally Posted by Vini247
Is it profitable to play in casinos?
Yes.

Quote:
Are the chances of making money bigger than playing with professionals?
Yes. You tend to see more professionals in the higher limit games.

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Does anyone here make a living playing only casinos?
It's not possible. You can build up a bankroll and play the game profitably long term, but you cannot live and play off the same bankroll without some additional form of income.
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01-30-2018 , 08:53 PM
Quote:
Originally Posted by DisRuptive1
It's not possible. You can build up a bankroll and play the game profitably long term, but you cannot live and play off the same bankroll without some additional form of income.
You can if you're playing crushing/playing big enough games
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02-18-2018 , 02:05 AM
Quote:
Originally Posted by warped
You can if you're playing crushing/playing big enough games
You can't crush players on a consistent basis. Going bigger doesn't help either because everyone is just as good if not better at poker than you. You can build your bankroll over time, but you can't live off it.
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02-18-2018 , 09:54 AM
wtf are you talking about?
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02-18-2018 , 12:26 PM
Quote:
Originally Posted by DisRuptive1
It's not possible. You can build up a bankroll and play the game profitably long term, but you cannot live and play off the same bankroll without some additional form of income.
If you are able to build up a bankroll and there are big enough games in the area, it is perfectly possible to make a living off of poker.

Lets say your average winrate is between 5 and 10bb an hour - lets call it 7.5 after rake. Lets also grant that's possibly optimistic.

If you play 2/5 that's $37.50 an hour. If you play 40 hours a week that is $1,500 a week.
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02-18-2018 , 12:48 PM
Quote:
Originally Posted by DisRuptive1
You can't crush players on a consistent basis. Going bigger doesn't help either because everyone is just as good if not better at poker than you. You can build your bankroll over time, but you can't live off it.
Stores won't take bankrollmoney?
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02-18-2018 , 03:19 PM
with the high rake only the best at a limit can make near those results while playing 40 hours a week. in most places.
the point is though if you work hard enough and get good enough with no real leaks thenyou can make a living playing poker . no question about it.
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02-24-2018 , 02:38 PM
The lowest rakes are generally in the USA and they prefer NLH, mainly. If you figure out how many hands you get to play per hour in live full ring games, and relate the win rate to that one gets online when considering how good the games are and what is the relative rake (big blinds), it doesn't look very good.

You get like 33 hands per hours in live nlh games? While online you get up to 200 playing just two tables, so one needs to play plenty high in live games. But the rake, not entirely unbeatable, considering that nlh50, plo50 is at least a bit beatable online (at least beats the rake plus some, plus rakeback) and it has like a 6 bb rake cap, so live 200 with a 10 euro rake cap is marginally beatable even if it is as "tough" or tight, and in the USA the cap is 5 or so.

The 400-500 game can have a 10 euro cap (could have 20 euros), being like 100 online, as far as the rake goes. There is also generally a 10 euros entrance fee (generally not in the USA) that pays for the free drinks and foods one gets more or less, but having the opponents' drunk is not all that bad, to pay the 10 euros every night for it, if they drink, and if not, it probably isn't worth playing.

In omahas, one can play more hands if they play more hands, and omaha is generally the biggest game and time worthy nlh games might not run, or in the USA they probably do (and the rake is lower and no entrance fee perhaps), but not here that much, and in the UK they might have 5-card and 6-card omaha or a mix running more or less (and lower rake nlh in Scotland but it is just some nlh200), but elsewhere here it is mainly nlh and plo and plo is probably the biggest game running, that's good as more action, just that it sucks more rake, but can be good enough (compare to online), if the game is good, that is somewhat a worry in live games, while online one gets to play lower limits in tougher looking games also, that are often not as tough as they look when one gets more experience, just looking intimidating for a start, like everyone knowing the basic stuffs, but that's where the money is online and needs more skill compared to live games -- that are one-tabling and enough weak players on the table (instead of many multitabling online grinders).
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