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Playing Poker Professionally
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[QUOTE="CRStals, post: 4109807, member: 161937"] When one wants to play professionally you have to consider the amount of bankroll you need to properly fund the games and levels you need to play to make enough. Taking into account taxes and playing about 40 hours a week, a typical player might need to make $35 / hr to build enough profit to pay all monthly expenses, save, and live. If you were a cash game specialist living in the US (not NJ, NV or Delaware) then you are playing live cash games at most likely 2/4 NL or 2/5 NL. That requires a bankroll of $20k. So one important factor that someone wanting to play pro needs to do beforehand is to calculate the level they need to play at to win enough, and what the proper bankroll is at that level. I feel this gets overlooked when making the decision to play professionally. The tax question also comes into play - one should know what the tax laws are and what's required for a person to play. In some circumstances this may require the player to operate as a business which bring additional considerations. At the end of the day, wanting to play pro is a dream, but if it becomes a reality do your homework!! [/QUOTE]
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