My semi-long term plans for poker
This is my blog entry, I just wanted to know if people (I guess not too many people have actually seen me play at all, so it'd be hard to tell for me personally) thought this goal was achievable and I wasn't just hoping for a long-shot.
I realize this is far from guaranteed, but I feel these plans/goals are acheivable.
I'm currently at $377.39, I'll get to my play today in the next post. I'm starting classes and we're going to get into baseball full swing starting Tuesday. So my goal is to hit $500 by the end of the month. This is very doable only playing 15 hours or so a week (average of 2 hours a day, but I'll play more on weekends and if I have homework sometimes not at all during the week. Also it'll depend on whether I have baseball the next morning as to how late I can stay up. Anyway, when I hit $500, as mentioned hopefully by the end of the month, I'll move up to 10c/25c, as I will be properly rolled for it. By then I hope to be full swing into school and have the schedule down and able to make time for me to play a bit more. At 10c/25c, my goal is to hit $1,000 by Spring break, which is March 10th for us. We then have a baseball tournament in Florida
over Spring break. When I get back I'll be properly rolled for 25c/50c. At this point I will play 25c/50c with an aim simply to turn a good profit. My goal will be at least a profit of $15/hour, and $20 or $25/hour isn't out of the question. With my calculations, 9-tabling at 675 hands/hour total, a win rate of 5 BB/100 at 25c/50c would be 5*6.75 = $33.75, so even if I only hit 2.5 BB/100 I'll be clearing $15/hour. For the rest of the year I want to prove to myself that I can indeed beat it at such a rate. If (when) I can do this, it will become my 2nd summer job. I've got a job the first half of the summer umpiring baseball games, but the season ends early July, so this year I was unemployed and couldn't find work the rest of July. This year if poker doesn't work out I'll just have to apply at the beginning of the summer. But the kinds of jobs I'll be applying for will be close to minimum wage jobs, certainly nothing better than $10/hour.
So if I can have a job that I enjoy more than any other job I'd do, makes more money than any job I'd do, and also gives me 100% flexible hours, I'll do it in a heartbeat over finding a "real" job. Still got a ways to go, as I'm currently just doing 5c/10c and the competition at 25c/50c is much better, but I'm destroying the games now while also 9-tabling, so I'm optimistic about my chances. If I can consistently make the profit at 25c/50c of $15/hour or up, I see no reason to try to move up levels over the summer. If I'm successful over the summer, I'll try to start moving up next year and see about actually making a semi-decent profit for a real job. I still don't intend to even think about going pro at poker, but it can be a very good 2nd job and job for spending money while in school. We'll see how it goes, but I like my odds
right now. Worst case scenario, it doesn't work out and I just get a real job like everyone else in the summer, and best case scenario I'm playing poker as a job this summer. Seems I can't lose. Anyway for now I'll just keep grinding the 5c/10c until I hit $500.