Minimum wage playing live poker?

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mikeisanace

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If I play 1/3 and 3/6 limit with a 5,000 bank roll can I grind out min wage with a 5 dollar rake? The goal would to be profitable in my sessions 90% of the time with the other 10% never going broke and just losing a little or even til the next day. Make like 40 bucks one day.then 100 then 80 etc even... 250 bucks a week real tight just playing abc poker and never risking a lot going broke or winning big. I say this because works sucks schcool sucks and I don't have a lot of bills so this could be feasible right? Is it doable with variance,rake discipline and proper bankroll?
 
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chronical

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well 40$ is 13bb & 6.5bb respectfully at the limits you gave. doing that in a span of a day is more than possible
 
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Don't do it unless you're ready to lose; sharks will pick up that youre playing with scared money. I personally love shortstackers...easy money.
 
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mikeisanace

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Don't do it unless you're ready to lose; sharks will pick up that youre playing with scared money. I personally love shortstackers...easy money.

I said 5.000 dollar bank roll
 
George Lewis

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Literally every penny you spend must be accounted for. If you buy a pack of gum on the way to "work" at the tables it needs to be accounted for. You will inevitably run into a stretch that will test your heart. I had few months of winning while playing live then a month came along where I lost 900 dollars in 4 hours playing live 1-2 and I was a favorite or a coin flip in every hand I lost..I got down 1800 before getting all back then lost back 1500 then broke even by the end of the month..Just typing about it now gives me shutters..I had been winning 3k a month at least then bam! Zero..You will not be able to just crawl along always winning a few bucks a day. Eventually you will need to embrace more variance and roll with the swings if you have the guts to deal with the ups and downs you will be fine.
 
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GWU73

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It would be very hard to make much in LHE at those limits.
 
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Don't do it unless you're ready to lose; sharks will pick up that youre playing with scared money. I personally love shortstackers...easy money.
Do you usually re raise their raises to get them to fold? How do you respond when you are the short stack?
 
Dorugremon

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If I play 1/3 and 3/6 limit with a 5,000 bank roll can I grind out min wage with a 5 dollar rake?

It depends on where you play. Back in the late 1980s -- ~2000, it was something you could accomplish. Back then, no-limit wasn't offered except for nosebleed stakes in side games of the wsop. It was all limit.

Where I play live, they used to have a 3/6 FLHE game. Management, however, completely ruined it. It was supposed to be a "courtesy" game for those afraid of no-limit, to ease them into it. They got too greedy and the rake was so larcenous that game simply could not be beat. It was so bad even the most fish fish figured it out and stopped playing.

When limit was all everyone played, and card rooms needed to be competitive, you could find decent games at even the lowest stakes with reasonable rakes and caps. $5.00 is a helluvalot to be raking out of a 1/3 game, and you won't beat that. It's still too high for 3/6.

The goal would to be profitable in my sessions 90% of the time with the other 10% never going broke and just losing a little or even til the next day. Make like 40 bucks one day.then 100 then 80 etc even... 250 bucks a week real tight just playing abc poker and never risking a lot going broke or winning big.
You're not gonna win 90% of the time. You can run card dead for hours, for an entire session, in fact. Sooner or later, Vera Variance is going to sit at your elbow and it'll seem like she's never going away. This past May really sucked big time. I got it in good on all but two occasions (and even when it went in bad, I wasn't completely dead) and lost them all. That's half my 'roll gone. Doing everything right, making all the right decisions, isn't going to keep them from hitting miracle after miracle. There are no extra credits for playing smart: the chips go to the best hand. Period.

Play tight, ABC, and your regs are going to figure it out, and your action will really dry up.

I say this because works sucks schcool sucks and I don't have a lot of bills so this could be feasible right? Is it doable with variance,rake discipline and proper bankroll?
Work may suck, but at least it's a steady paycheck. What you are proposing here is a damned tough way to make an easy living. Your land lord isn't gonna care that you had a month of runbad: he's still gonna want his rent, and you still need to pay him.
 
TimovieMan

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Work may suck, but at least it's a steady paycheck. What you are proposing here is a damned tough way to make an easy living. Your land lord isn't gonna care that you had a month of runbad: he's still gonna want his rent, and you still need to pay him.
^ This.


There is a very good reason why BRM for professional players consists of at least 100 buy-ins + 6 months living expenses, just so you can handle the inevitable downswings (that could very well last for months).


Also be aware that playing poker professionally (as a job) is going to suck all the fun out of the game and could end up making you hate the game. Know what you're getting yourself into if you're considering this...
 
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mikeisanace

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3/6 limit is to tight you cant lose much in a session vs 1/2 where you lose 900 in a night. 3/6 you have 200 downswings 150 upswings or break even then quit. next day 50 to 140 up swing and so on. I live close to the casino and also play video poker some to alter the luck factor when I hit quads for 100 or the elusive 400 dollar royal.
 
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