Originally Posted by EA2USN
I play live poker 2 -3 days a week mostly $1 -$3 NL, like to play $2 -$5 NL & $1 -$3 PLO when games are available around here that is not to often. I'ts telling that most of the "regulars" that are playing several days a week are guys who are retired from real jobs, and have made lots of money and have there medical, dental, vision ins. covered and are gambling with money set aside and winning or loosing it will not change the way they live on a daily basis. I think you would have to be proficent in at least $10 - $25 limit or high stakes to earn a living, for wich you need a massive bankroll to even get into the games.
One poster stated he thinks he could win $300 a day twice a week. assuming their is no looses thats only $600 a week x 52 weeks a year is a whooping $31k a year.
Get a job play poker for fun!
ya, I think this post/poster has a lot of good insights.
I remember like 6 yrs ago talking to a pro about which stakes made sense to grind in order to be a live pro. We came to the conclusion anything lower than 5/10 NL or 20/40 LHE/Limit mixed made virtually no sense. Furthermore, you shouldn't be looking to stay at 5/10 unless the game was JUICY as heck.
Ofc the games were A LOT softer back then and 5/10 NLH was at times VERY juicy at my home casino at peak times (Fri/Sat. nights....Sat. afternoons), but with online closing down 5/10 pretty much everywhere with consistent action must have a lot of ex online players which means the quality of the games have gone down vis a vis profitability.
Using the 30 BI standard for live NLH and 6 months living expenses rule, that means someone better have ~45-50k in liquid assets they are willing to lose to really make a go of turning pro.
A lot of the "pros" you see at 1/2 and 1/3 are folks between jobs trying to scrape by or people on SS/pensions who sort of fancy themselves pros without really solely relying on poker as their sole means of support. 2/5 can have both types as many pros will play juicy 2/5s these days, but won't make it their main or sole game.