Help With Poker Career

Jurn8

Jurn8

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Need a bit of help or suggestions to see if anything takes my fancy.

I now have graduated and after being offered a job which I have done and not enjoyed, the week I was planning on leaving to play poker semi pro, like my original plan, I get offered a job in finance (which is what I did my degree in)

Im really clueless what to do with poker, the new firm are paying for me to do my accounting exams etc so I will have to study aswell as work. Also when I get in from work I really cba to think playing poker, I just want a nice easy grind whilst making a small bit of cash ($500 a month ideally) any suggestions on what to do would be appreciated.

I will have a few hours in the evening and maybe one day a weekend grind, for those of you who dont know me I used to play 50 mainly, abit of 100. I have very limited tourney experience but wouldnt mind dabbling but will I have enough time to play MTTs because of the lolvariance and can I make $500 at like a $3-5 average buy in? I recon I could put in about 400 - 500 games per month, is this good volume?

I just would like some help, my bankroll was 2.5k but ive just withdrawn 1k as I feel I dont need that much in there anymore, do I even need 1.5k?

help appreciated
 
WVHillbilly

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Just play 50nl imo. You can hit that type of monthly goal with not much more than 20K hands / month.
 
Jurn8

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I guess I could just play a small amount of tables on stars.

I feel kinda bored of cash though tbh but I dont know if I could make 500 a month playing a $3-5 abi over 500 games. I need a tourney reg to help.
 
Debi

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I used to be a tournie reg. I think it would be difficult to get the volume within the available hours you describe having. Also you might be able to average $200-400 a month over the course of a year - but be prepared for those dry months when you are negative due to only small cashes. You will need some wins and some top 3 finishes to balance it out.
 
Jurn8

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ive looked at tourney schedules and on weeknights if I reg from 7-9pm I can enter roughly 20.

weekends I can play for longer and same with friday evening
 
Debi

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Can you stay up late enough during the week to start that late?
 
LuckyChippy

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I agree you should just grind 50nl. You've always seemed very comfortable there, I believe it's moving to 100nl where you've struggled? Everyone finds a level they're comfortable at. I'm certain you could learn to beat higher but it's a case of investing time vs reward, something you don't really have now. Having a job and building a career is definitely the way to go.

6 tables of 6max gets you 540 hands an hour and I'm sure you can knock out 8 fairly easily at FR which won't be too much different. 20k is about 40hours. You can knock that out in a weekday and a Sunday each week. 5bb/100 and that's your target.
 
Arjonius

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If you know your hourly cash game win rate and the associated avg number of tables you play, it's simple to calculate how many hours you'll need to put in each month to avg $500. If you're not going to hit your target because the number of hours you have available is insufficient, you can consider more tables, lowering your expectation or adding more hours.

$500 per month playing $3-5 MTTs will require playing a number of them. If you assume $5 games and a pretty decent 50% ROI, you have to play 200. You can multi-table of course, but you also have to factor in avg duration. If for example, you avg. 2 tables and 2 hours per game, that works out to 200 hours per month. 4 tables and 2 hours = 100 hours per month. Naturally, you should substitute numbers that fit your experience since these are just here as examples.
 
Dorkus Malorkus

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If you're bored of cash you're gonna get bored of tournaments in like half the time probably. Just sayin'. :p

Seriously though, play 50nl like everyone else said. The great thing about cash is if you start a session but suddenly realize you're too tired/not in the mood/whatever, you can just walk away, no damage done, and I get the feeling from reading your OP that this might happen from time to time. MTTs aren't really suited to the casual-yet-serious-type thing you have going on.

Plus, lolvariance.
 
Jurn8

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yeah i need to put in 25k of 50nl to reach $500 with my winrate.

IDK, tournaments are new to me, literally I've been a cash game player all my career. Others usually start with SNGs, MTTs then move to cash, I started at 2nl and went up to 25nl in one month and just stayed playing cash.

What I'm thinking of doing is to have an MTT schedule and just play cash whenever my table count is low, at the start/end of sessions. I agree with chippy that I am very comfortable at 50nl and you can ALWAYS find like 10 very good tables on stars.

For me now poker is literally about the enjoyment and making a small side income. I would be happy just plodding along making $5k/year, whereas before I wanted to be making $30k+. Throughout uni poker was before uni all the way through up until the last term where I realised poker for me is not a long term solution to earning. My career with my new job is far more important and I would much rather work towards becoming a chartered accountant than grinding 24 tables of 50 or 100nl.
 
nitulbhatia

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Throughout uni poker was before uni all the way through up until the last term where I realised poker for me is not a long term solution to earning. My career with my new job is far more important and I would much rather work towards becoming a chartered accountant than grinding 24 tables of 50 or 100nl.
I think this is a wise realisation. Building your career should be a priority. Poker can supplement a side income (as long as you run good) but it comes with its ups and downs.
 
MasterOfDisaster

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If you add valuegames(private tourneys, added tourneys,overlay tourneys or valuable freeroll tourneys) to the schedule ,you should easily make that kind of money.

The problem with valuegames is that they are mostly at set times.

You have to do some research as well and you have to run a lot of different networks.
 
Poof

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I can't really offer advice as I play purely for entertainment but I would think the mtt route would be very time consuming.
I do wish you the best of luck though!
 
Jagsti

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Why try the 180 man MTT sng's. Shit loads of them load up. They finish in like under 3 hours you can multi table them as much as you like and there's lol variance in them too!
 
Logan2

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Make Pascal to coach you and try couple months with Mtts, after that time love for cash will comeback surely.
 
Poker Orifice

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Ask dickhead bears fan

ha ha thought this ^ was entertaining... random spew post coming from nowhere, lol

curious though who the f*** is dickhead bears fan anyways? LOL
 
Jurn8

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yeah considering I'm a packers fan, I hope he isnt a Bears fan.
 
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Mate, I just finished my CA and I can honestly tell you - there is no time for poker in your down time.
 
Arjonius

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If you work a few numbers, you'll find it's not very difficult to win $5k per year playing poker as a hobby. For instance, if you average $5 per hour, it's obviously 1000 hours. That may seem like a large number, but when you divide by 52, it's 19.2 per week which is much less imposing.
 
dino

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good luck with ur journey to pro and keep us posted with your outcome
 
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