Did any of you guys get rich playing poker?

[bz54321]

compared to them playing at those stakes with the proper skills and bankroll

Compared to who? How about Phil Ivy and Jennifer Harman two of the best poker players alive in my opinion. They both went bust playing nose bleed stakes. They went bust several times before making it huge. Or how about Stu Unger that dude would roll his whole bank roll on a coin flip.

A proper bankroll at nose bleed stakes would be a lot of money. So much money were is the motivation to gamble if you have that much money?

How does one get the proper skills by diving in and playing the high stakes. That's how Ivy and Harman did it.


But believe what you want maybe I am way off and you cant really trust anything you read.

 

[micromachine]

A proper bankroll at nose bleed stakes would be a lot of money. So much money were is the motivation to gamble if you have that much money?

Not really, 20 buy ins for 5kNL is 100K...you can't exactly retire in comfort with that can you.

How does one get the proper skills by diving in and playing the high stakes. That's how Ivy and Harman did it.

Not with one buy-in though.

 

[bz54321]

This is a good book to read,

The Professor, the Banker, and the Suicide King

In this book a hanfull of the top pro-poker players pool there money so they can play against Andy Beil and they were on a razors edge they could have lost everything. They were not practicing bank roll management they were going for the stars and the moon. Its kind of pointless unless you are making a good amount compared to what you already have. Unless you find it fun, enjoy learning, get a thrill out of playing a psychological game. But if you are in it for the money then gamble big and go for the gold.

 

[vinylspiros]

If your motivation for playing poker at is to get rich, then you're in the wrong game.

Time, effort, work ethic is what makes someone "rich" playing poker. Most don't just look for ways of making money, stumble across poker with the aim of grinding poker from the micros and up purely to get rich.

For example, the "best" in the world or even just people who earn 100k per year playing don't start playing poker for money. They all started playing with friends, enjoyed the game, played the micros..purely out of enjoyment, gradually over months/years started working more on game theory and all aspects of poker because they enjoyed studying/playing/learning. They then realized after x-amount of years or whatever the case was, they was actually making a lot of money from what they enjoyed doing so decided to focus on making money because they have love and passive for the game, not just driven by $$$.

You have to have passive and a love for the game and actually enjoy playing it. OP, you seem to basically just be playing poker for getting a rich only scheme mentality. With the mentality of wanting to get rich from a quick way through poker..is just not the case and if that's how you feel, then I'm afraid it's highly unlikely to happen.

If you're driven with $$$ in your eyes in anything not just poker, you're much more unlikely to succeed than someone who is driven by love or desire for that particular thing.

i hear you randeebam,and agree with you fully. I have spent years playing .(2 or 3) . i have grinded the micros more than you can even imagine and i surely DO love the game or else i wouldnt even be in this forum. poker is for me a daily routine and something i study quite alot. In no case can i be considered to be a loser cause i have won more than i have lost more or less.id say break even.sometimes i win some tournies and make alittle paper.sometimes i just go up and down. BUT, at the end of the day the reason i spend all my time on my laptop playing is because i want to make some serious paper. If not id be out having drinks with my friends. maybe i dont have what it takes. maybe my time hasent come yet. i dont know. In conclusion, i dont believe in getting rich "fast" as u mentioned because i am living proof that that is not easily accomplished. so i decided to make this thread to see maybe someone else got rich fast and maybe they could share how they managed to do it. thnks for posting bud. all the best.

 

[vinylspiros]

This is a good book to read,

The Professor, the Banker, and the Suicide King

In this book a hanfull of the top pro-poker players pool there money so they can play against Andy Beil and they were on a razors edge they could have lost everything. They were not practicing bank roll management they were going for the stars and the moon. Its kind of pointless unless you are making a good amount compared to what you already have. Unless you find it fun, enjoy learning, get a thrill out of playing a psychological game. But if you are in it for the money then gamble big and go for the gold.

im starting to like you man. but ur going to make me go broke in less than a week. lol . i admire ur passion though. its like in the movie rounders when the dude goes and sits down with his entire bankroll and tries to win everything and he is suddenly broke the first time. but the second time he succeeds and is back to where he started. who knows what would have happpend if there was a third time. i guess if he practiced proper bankroll management he would not have these issues. thats what everyones trying to tell u. their not saying dont play big.they r saying its better to start off smaller and make it big gradually.

 

[bz54321]

Thanks man I like you too. It was fun when you won 300 bucks all fast but it sucks when it goes up in flames. I have done that a lot....

I understand bankroll management and have in the last couple of months slowed way down. I just love to gamble when the stakes mean something its more fun and gives me a much better rush. When the stakes are so small or free I never get a rush from it. Its that rush that really keeps me coming back. That's why I play for the rush.

I like to think of the double a penny for a month and have a million dollars thing. I should be good enough to just roll my bank roll over and over and come out on top. However I only tend to push it a small amount after doubling the whole roll a couple of times I take my winnings and start small ball again. Really I think my problem is that I don't keep pushing it.

This conversation has really made me want to try again maybe I will do a 100$ deposit and go crazy with it. If I get some luck and push it up to 1k I am going to roll it this time and not withdraw.

 

[vinylspiros]

Thanks man I like you too. It was fun when you won 300 bucks all fast but it sucks when it goes up in flames. I have done that a lot....

I understand bankroll management and have in the last couple of months slowed way down. I just love to gamble when the stakes mean something its more fun and gives me a much better rush. When the stakes are so small or free I never get a rush from it. Its that rush that really keeps me coming back. That's why I play for the rush.

I like to think of the double a penny for a month and have a million dollars thing. I should be good enough to just roll my bank roll over and over and come out on top. However I only tend to push it a small amount after doubling the whole roll a couple of times I take my winnings and start small ball again. Really I think my problem is that I don't keep pushing it.

This conversation has really made me want to try again maybe I will do a 100$ deposit and go crazy with it. If I get some luck and push it up to 1k I am going to roll it this time and not withdraw.

i cant even tell you how many times ive turned 100 into 500-1000 and then lost it all in 1 day because i decided to take a shot at the 1-2 table . but there have been times that i went into the 1-2 table with 200 bucks.my entire bankroll and left there with 1300-1500.this happend like 2-3 times. and i cashed out.this was awhile back and if i knew then what i know now.i would have heft the 1300 in and grinded the25-50 cent table ,which in my opinions is a good way to make 2-300 a day assuming that u know what ur doing and are running quite good.even 100 a day is not bad cause u can slowly turn ur bankroll into a B_A_N_K_R_O_L_L. anyways man good luck to you and let us know if u get any good results.

 

[Big_Rudy]

... this is my last post....

^^ And we're all thankful for that .

At OP......It's tough right now in the US to take online poker as seriously as many used to. The environment has changed so much since BF. I pretty-much just play for fun now, or if I want to seriously play I drive to the closest casino for some live play. Hopefully this will change in the future if the poker mess in the US ever gets straightened-out, but that could be quite a while yet.

 

[vinylspiros]

^^ And we're all thankful for that .

At OP......It's tough right now in the US to take online poker as seriously as many used to. The environment has changed so much since BF. I pretty-much just play for fun now, or if I want to seriously play I drive to the closest casino for some live play. Hopefully this will change in the future if the poker mess in the US ever gets straightened-out, but that could be quite a while yet.

i cant even imagine what thats like.luckily i live in europe where we dont have laws like that and online poker is still up and running.(sorry i know ur jealous ) but u know what man.for those of us who r losing money.its a blessing to not have it in your house sometimes.cause living inside the casino is a dangerous thing if ur not good or careful. see ya bud.

 

[aa88wildbill]

That's an old poker saying that goes,( this is the hardest way to make an easy living). You should play the game because you enjoy it. Not be cause you want to get rich.

 

[legman2]

i cant even imagine what thats like.luckily i live in europe where we dont have laws like that and online poker is still up and running.(sorry i know ur jealous ) but u know what man.for those of us who r losing money.its a blessing to not have it in your house sometimes.cause living inside the casino is a dangerous thing if ur not good or careful. see ya bud.

Not having Ps, iPoker, PP or FTP for a card player is compariable to a professional sports player that got signed and now the season is on strike. Lol hockey.
But yeah they take away all the fun, always.

 

[D3NZ1L]

Have to agree with most of the threads here, perhaps 5-10 years ago the gamewas beatable to the extent of making reasonable sums of money from it, with 80%of the money going to 20% of the players.

However i think today the 'secret' is out so to speak. So many players now,even at the lowest stakes, are taking the time to study the game. Afterwatching various televised events and hearing stories about the guy who made amillion from nothing, everyone has the same dream. Everyone is reading the sameinformation, watching the same videos and essentially playing very similargames.

The general standard of poker is much higher. Of course there are still fishout there, but firstly it is finding them, then finding the right spot to playagainst them, and finally avoiding the painful bad beats and suckouts. So thequestion is, is it really worth it? Is it worth spending hours upon hours at acomputer, or at a casino during anti social hours to then only give yourself asmall chance to make moderate amounts of money. I think the majority of peoplejust love the idea and the status of being a professional poker player, ignoringthe reality and the true extent of what is possible.

I think it’s just important to keep enjoying poker rather than chase a dreamof becoming rich, but hey just my opinion and sorry for the negative approachhaha.

GL though J

 

[quintass]

Many of the guys who profited huge from poker started around 2003-2007, at the height of the online poker boom, when regulations were lax and fish were aplenty. (I regrettably missed that boat) I suppose Tom Dwan would be the poster child for the "online poker player who started out small, and reached the top". There are many other well-known names who followed a similar kind of trajectory, e.g. Phil Galfond, Isaac Haxton, Andrew Robl, Viktor Blom... (just to throw out a few, in case you're interested in looking into their stories).
I don't think there's a straightforward winning recipe. You need to have the basic talent, put in incredible hours, and become an expert at at least one format of the game. And most people simply won't make it.
Personally, I treat poker as an enjoyable past time that, unlike other games, incrementally earns me money in the course of playing. I have no expectations of striking it rich, though.

I agree, but theres also no denying that along the way you're gonna need a little bit of 'luck'.

 

[hackmeplz]

However i think today the 'secret' is out so to speak. So many players now,even at the lowest stakes, are taking the time to study the game. Afterwatching various televised events and hearing stories about the guy who made amillion from nothing, everyone has the same dream. Everyone is reading the sameinformation, watching the same videos and essentially playing very similargames.

this is super far off. Poker players are in general super lazy, and hate to break it to you but if you're reading the same information/videos as everyone else and you're not still making discoveries of your own you're probably one of the reasons poker can still be pretty profitable.

The general standard of poker is much higher. Of course there are still fishout there, but firstly it is finding them, then finding the right spot to playagainst them, and finally avoiding the painful bad beats and suckouts. So thequestion is, is it really worth it? Is it worth spending hours upon hours at acomputer, or at a casino during anti social hours to then only give yourself asmall chance to make moderate amounts of money. I think the majority of peoplejust love the idea and the status of being a professional poker player, ignoringthe reality and the true extent of what is possible.

At a casino the fish are everywhere, and I honestly don't think it takes that much study (comparatively anyway, obviously you still have to work very hard) to be making 6 figures from live poker if you can handle the swings and giving up a social life. I personally don't think it would be worth it (it'd involve probably 40-60 hrs/week of 2/5 and playing soft 5/10 games, and is pretty doable just being a decent nit), but if the alternative is working two minimum wage jobs and barely making ends meet while also having no social life, the choice seems pretty clear. Similarly it's a lot tougher to make a living playing online poker now than 5-10 years ago, that much is true. But there are still a lot of players who made a million+ in the past and have let the game pass them by. I have a friend who won 50k from such a player at 2/4nl HU last year until the other guy finally quit. You can't sit back wait for aces and have people pay them off anymore and make a living, but if you are a good player, study hard, and put the time in there are still plenty of 5/10nl tables that run daily online where a lot of people have the kinds of winrates that allow them to make 6 figures/yr from poker if they put in the time at the tables as well as off the tables studying opponents and their own game.

So yeah it's not easy, and it probably takes a certain level of intelligence/creativity/critical thinking skills, but to say that it's basically impossible to make a living from poker anymore is pretty false. I wouldn't be shocked if that's true in 10-15 years, the game is definitely getting tougher and even the bad regs are either quitting or getting better. But the game isn't dead by a longshot, I could post a ton of hands from 2/4-5/10 of players making plays so awful you'd think they were trying to donate me money.

 

[vinylspiros]

its been really helpful hearing so many different opinions about whether you can become rich from poker or not. my conclusion after having read all of these really HELPFUL posts is probably that the answer is so complex that it cannot be answered with a yes or a no. im sure it can be done but no doubt alot of time and effort must be made to reach the desired level.And also lets not forget the LUCK factor,although it seems as though what is being implied, is, that after a certain amount of hands and the right play that factor eliminates itself in the long run assuming youve put your money in good(with the right odds of winning). SO yea guys thnks alot for the posts. i have a better understanding of the whole be rich or not be rich from poker after reading this. im planning on depositing bigger money coming the start of 2013 and playing at higher limits cause the micros are too boring and not profitable enough. ive turned 10 dollars into 500 more than a dozen times within 4-5 days. Now i wanna do the same thing to 100 dollars.turn it into 2-3 k. and work my way up from there.

 

[bz54321]

Good Luck, vinylspiros

If you are like me the hard part will be not withdrawing when you get 2-3k

 

[vinylspiros]

Good Luck, vinylspiros

If you are like me the hard part will be not withdrawing when you get 2-3k

thanks man.i started a new thread with my 2013 poker plans to wrap up the year. i appreciate ur posts and ur opinions. good luck bud in your game and in your personal life for the new year.

 

[fozziethebear]

No, but I made opponents rich. I kid, I'm sure there are a lot of people who have worked their way up from smaller stakes to a bigger bankroll who can play professionally. Also anyone who won wsop event got a great ROI.

 

[vinylspiros]

whats up guys? how we all doing? anyone get rich yet?

 

[Chips4Buds]

Not yet but i will be. Are there any CC shirts or hats available so i can wear em when Kara Scott interviews me?

 

[Worak]

OP:

There are some here who have started small and are super profitable now.

Most of them won't bother to answer questions like this one though.

You need a name ?

Belgosuisse and Pascal-if would be two I guess.

Myself I'm only an advanced recreational player having binked some.

I play poker because it's alot of fun and for the extra pocket money.

 

[vinylspiros]

Listen to the expert here (# posts = 3) folks.

OP:

There are some here who have started small and are super profitable now.

Most of them won't bother to answer questions like this one though.

You need a name ?

Belgosuisse and Pascal-if would be two I guess.

Myself I'm only an advanced recreational player having binked some.

I play poker because it's alot of fun and for the extra pocket money.

yea man ,it does seem very reasonable that the winning players wouldnt be here telling everyone exactly how much they won but i know they do exist. i myself am a recreational player that sometimes sees myself as a pro cause i spend endless hours on stars grinding. i think that in order to make it big you have to either deposit big and start playing higher stakes or establish a concrete bakroll through winning some kind of MTT. but its kinda impossible to start off at 50 dollars for example and turn it into 50 k through solely playing cash games.

 

[Worak]

yea man ,it does seem very reasonable that the winning players wouldnt be here telling everyone exactly how much they won but i know they do exist. i myself am a recreational player that sometimes sees myself as a pro cause i spend endless hours on stars grinding. i think that in order to make it big you have to either deposit big and start playing higher stakes or establish a concrete bakroll through winning some kind of MTT. but its kinda impossible to start off at 50 dollars for example and turn it into 50 k through solely playing cash games.

Well I'm a MTT player (usually fields 90-15k players) but know that cash is absolutely different from tourney play regarding multi-tabling and grinding.

Setback in playing tourneys is that you never really know how good you are.

Could be that your 40 Bi loosing streak is variance, could be that you completely suck.

Even if you bink some you don't really know if you ran gold all the time unless you review every game thorroughly.

That said I think it is possible to deposit small (or even start grinding freerolls fwiw) and build BR up to a decent ammount (~1000$) but it's not easy and most won't make it farer than that.

Could I be one of the few ?

I seriously don't know since with family, a daily job and a social life grinding every day on and on just isn't possible for me.

Nevertheless I'm grinding my way up playing small field MTTs (~100 players) where I know in advance how long they'll take and which therefore fit into my daily routine.

I've got a mediocre roll on various sites now and I'm currently working on my PS account.

The link leads to my current progress:

https://www.cardschat.com/forum/poker-goals-challenges-wins-46/graf-karows-micro-ps-mtt-thread-218047/

 

[JamMastaJT]

I am not rich from playing poker, but I have been able to pay my bar tab consistently from my profits. Im happy, I need to play more.

 

[bosston21]

I'm like 100% that I can get rich from poker lol. I just don't have the bankroll or the time. For those who can grind there way up good for you, I admire it. Good luck on the felt.