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Poker Discussion
General Poker
Is "working for a living" considered gambling?
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[QUOTE="rifflemao, post: 2322471, member: 98323"] You're not comparing the risks of not working vs working, so no need to go there, but it's worth looking at some of the financial benefits one loses as a full time poker player in the US who quits a good-paying job. A full time poker player: -doesn't get paid health, vision, and dental insurance. -can't contribute to a 401k with matching. -doesn't get paid vacation. -doesn't get paid sick days. -doesn't have a steady income. -has to pay the full FICA (social security) and Medicare payments of 15.3% of income, whereas an employer would pay half of that. This doesn't mean you shouldn't go for it if you're a great player who couldn't be happy doing anything else, but is a list of risks you have to mitigate by working very hard at your game. BTW, there are some great players on the WSOP Circuit who either work full time or run businesses, and have taken down some impressive cashes. It's entirely possible to earn life-changing money (pay off the house etc) from poker and still have a traditional career. [/QUOTE]
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Is "working for a living" considered gambling?
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