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Poker Discussion
General Poker
Moving To A Poor Country To Be An Online Pro
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[QUOTE="LukeSilver, post: 1414673, member: 59099"] Poker is about discipline and trying to find short cuts is a lack of discipline. What you really need is two things a long term winning history. With a large enough base to be statistically significant. Once you have this and this requires a very large sample btw you then need to work out the standard deviation for any period of time, eg for week or 5000 hands or 1000 sit and goes etc. once you have accurate figures you can work out likely figures and prepare, as the sample gets larger the noted standard deviation should come closer to what it actually is but large the biggest outliers found are likely to be. You can calculate all this by using complex maths found in college level statistics. However to keep it simple if you have long term winning history with a wage stable enough to support your living standards, and a large reserve in back up (Chris Ferguson recommends 6 months wages or living expenses.) then really your funds should absorb the bad times and allow you a good chance of never going broke. its good to make above your expenses and save up, by increasing your insurance or reserve fund regularly your putting yourself in a very good position. You also need to be sure that you can regularly get the hours in, I quit my job to do this recently and have found that working 8 hours a day in a physical brainless job is not as challenging as having to use your head constantly and do maths. physical exertion is doable for 4 hours straight doing that on a poker table isn't so easy. you can slack at work occasionally if its not busy, you cannot get away with this on a poker table. In the end I solved my problem by sifting to 5 hour days 7 days a week 2 and a half hours then a 2 hour break in between and back to work. works fine. I earn over 3 times an hour playing poker then i did in my last job so yeah I kinda like this. With regard to moving to another country, yeah its alright a mate of mine did this, he got a £100,000 inheritance or there abouts which is like $150,000 he then spent a lot of it not sure how much and then decided to move to Tialand to live cheaply. I guess if you got good money and want to have it easy and are showing a good profit long term with a large reserve why not. However if your planing to live on the breadline its a really bad idea. Also do the research before moving anywhere, learn about what it would be like living there etc, I would like to move somewhere warm but couldn't stand having to learn a new language. At the moment poker earnings are tax free in the UK which gives me little incentive to move else where. Personally though I think it is a very bad idea for you to try and go pro heres why, Professional poker players shouldn't take short cuts but should be disciplined enough to do the real leg work, moving to a third world country to try and scrape by is a short cut. people with an addiction can be willing to do anything to keep it, moving to third world country radically altering your life style so you can play poker regularly shrieks of desperation. I am not saying your not a winning player I can't know that for sure, but I find it hard to believe some considering these steps would stick to strict financial management rules and bank roll management rules, I would guess if the same character holds constant would be unusual for it not to, at some point you would break your rules and risk ruin. I think anyone who would take such steps is likely to go bankrupt and see there dream end in tears because they didn't have the professional attitude necessary in the first place. [/QUOTE]
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Moving To A Poor Country To Be An Online Pro
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