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Poker Discussion
General Poker
How and when is a poker player determined to be a professional?
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[QUOTE="Hsac, post: 6429182, member: 431663"] Once you live off nothing but profits from poker you are considered a professional. There are many negative millionaires in this category, meaning they are a million or more in the hole, often mostly borrowed but they still pay their debts and grind out a living with poker. There are poker players who are good self-promoters and make a living while playing with mostly OPM, other people's money. Only about 5% of poker players make enough to live off the game. Only about 1% of poker players are positive multi-millionaires derived from the game, and at one time or another most of them had been negative millionaires. Most of these statistics are derived from [I]Ace on the River[/I] by Barry Greenberg, a legend now but who was once a negative millionaire himself. [/QUOTE]
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How and when is a poker player determined to be a professional?
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