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Poker Discussion
General Poker
Can I really make a living at 1/2 Live?
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[QUOTE="turtelliusshellius, post: 2234920, member: 79487"] Honestly, I'm a dreamer too and I agree with you. If you want to play for a living and can fulfill that possibility with solid play, go for it. I'd say continue down your current lane and KEEP SOLID RECORD OF YOUR EARNINGS. See how much you make per hour over the long term (at least 1000-2500+ hours of analysis). Then I'd recommend these rules (these are a set of rules some pro player friends of mine use as well as rules I use when I play myself *minus the payment rules since my bills are paid through my business earnings). 1. Never buy in for less than 50BB at NL games and 25 Big Bets at FL games. 2. Never invest more than 5% of your Bankroll in a single buy in. 3. If you lose 2 buy ins, get up, go home, and skip your next day of play for meditation and analysis of "why" (never get the "I'll win it back" mentality) 4. Keep your bankroll and spending money separate following this structure a. At the beginning of every week, establish your starting bankroll amount (I'd recommend starting at $10,000 or more if you are planning on playing between 1/2 to 2/5 NL or 5/10 FL) b. At the end of every week refill bankroll to starting bankroll amount established at the beginning of the week. c. Take remaining profits and put half into your bankroll to establish new beginning week bankroll amount while continually increasing your bankroll (allowing you to play bigger games as time goes on) d. Take the other half of remaining profits and pay yourself with them. This structure allows you to pay yourself weekly like a job, keep proper bankroll management, continually build your bankroll so you can play larger games later in your career, and pay your bills as you need. If you get on a bad run and lose, you don't get paid for the week, but get to start over the next week without losing too much of your bankroll. My friends have all found success with this structure as did I before I started my business (which I used poker earnings to do so with...so consider this as a possible future option as well because entrepreneurship is much more secure than poker and just as satisfying). I hope this helps, and good luck, run well, play better. [/QUOTE]
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Can I really make a living at 1/2 Live?
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