Could playing poker be seen as a way to generate income to live comfortably? Could you spend the rest of your life playing poker and never worry about having a job again?

I know a lot of experience is needed. But don't think you can make a living from poker.

poker is often compared to business
business is not given to everyone
you must have or develop the necessary qualities in yourself

If you can live from poker, it depends on the country you are in, and if you are single or head of the family, many variables influence. For example in some country that you can live with $ 500, you can easily produce it in Nl 5 or Nl 10

Originally Posted by ioriyamatano

Could playing poker be seen as a way to generate income to live comfortably? Could you spend the rest of your life playing poker and never worry about having a job again?

I know a lot of experience is needed. But don't think you can make a living from poker.

Good night, mate. I agree in parts with you, making a living with poker happens to one out of every 100,000, however, there is a possibility, if the guy is experienced and focuses on just learning about the game, he sure will be successful and maybe have a comfortable life with the game.

Hmm, I have never considered poker from this point of view, and this is interesting, I think that poker can be considered a business, especially if you do it professionally, that is, if only this is what you do for a living.
Strategy, tactics, investment, training, working time, all the components of the business are present, so poker is a business, poker for large bets )).

I think you can make a living playing poker, a lot of people make a living out of it. You have to improve yourself, learn a lot, keep bankroll management.

Originally Posted by ioriyamatano

Could playing poker be seen as a way to generate income to live comfortably? Could you spend the rest of your life playing poker and never worry about having a job again?

I know a lot of experience is needed. But don't think you can make a living from poker.

Poker may be the main way to generate income, but unfortunately the number of pro players is limited. This is how the poker industry works, everyone won’t win. For me, the main question is whether I can play every day with maximum concentration or will poker become an ordinary routine and this will affect the final result. So far, the second option is more common with me, but I'm working on myself and everything may change.

Risk=/= Good business, more risk more problems always. Poker+business=Stop playing just build casino, simple and then thats good

Hi, I think playing poker is not a business.
Business is for those who own, for example, a poker room or website.
For me personally, this is a hobby where you can earn a little money.

Without a doubt, poker can be profitable. But if you want to live in abundance, in your own apartment, then all the same, you have to work hard. Poker is the same job as a driver, doctor, builder, or engineer.

Generally I would say yes. Now let's be realistic, you could play at a very high level, completely understand GTO, never make a mistake, and you still have a 30% of being a losing player.

If thats the case Coaching is really where the money, and living is made. Not actually playing.

The reason I say "Generally, Yes." Is cause you can't be a respectable coach without the success at the table to back it up.

easily and not easily. I did it for 5 or 6 years only playing poker no other income. I made a modest income but I also had a nice bankroll. It is a very very very hard grind and I burnt out about 2 years ago. There were times I played 20 or 30 days in a row and traveled all over the state of Florida. You really need 6 months of expenses money(non poker expenses) and a bankroll to survive. You may never have to dip into that 6 months but you need to have it in reserve. I'm now back to playing live again and in a room within 15 minutes of my house. I'm taking it easy doing okay and probably wont travel to the big tournaments more than 1 or 2 times a year. So yes it is possible but it truly is like any other job and thats how you have to look at it. Now I'm off to work see ya.

for me it's diverging yet I'm not on the level of making good money

Originally Posted by ioriyamatano

Could playing poker be seen as a way to generate income to live comfortably? Could you spend the rest of your life playing poker and never worry about having a job again?

I know a lot of experience is needed. But don't think you can make a living from poker.

join the useful to the nice, go on playing poker and working, if you start earning enough with poker, quit your job ... and have fun ...: D

Originally Posted by ioriyamatano

Could playing poker be seen as a way to generate income to live comfortably? Could you spend the rest of your life playing poker and never worry about having a job again?

I know a lot of experience is needed. But don't think you can make a living from poker.

Yes, you can make a living off of poker. If you're smart, you'll use your profits to invest them for multiple sources of income.

I think that if you can, if you spend enough time studying and managing emotions and real money. Good smokes colleagues!

If you earn enough money to be able to live on poker, it can be a business, I look at it as fun.

over 90% of poker players lose money
so-so business

Fact is that some players have achieved it so it is definitely possible. Another fact is that there is much higher risk than in normal job and very few percent of all players have achieved it.

For any business other than brains, you need seed capital. But poker is a special business and not everyone is given it.

I think poker is a great way to save some money for some of your small desires and joys, as soon as poker turns into the main job, you often start to lose the joy of playing and become too dependent on the result.

It would be nice to spend the rest of your life in fashionable hotels playing poker in luxury casinos. But participation in freerolls and low-limit tournaments does not inspire much optimism.

For some very good players it can be a good business.
Also for staker who have good horses running. (For instance the big BBZ Staking company)
But you need financial discipline, consistency, learning and analysing, controlling your ego, good game selection and much more.
There is a book by Dusty Leatherass Schmidt: "Treat Your Poker like a Business".
It is a very interesting read and shows how this cash game player made millions of poker dollars.

Originally Posted by DenGybka

Hi, I think playing poker is not a business.
Business is for those who own, for example, a poker room or website.
For me personally, this is a hobby where you can earn a little money.

Yes professional poker players and other professional gamblers in the US are taxed as a business. That means you pay 15.4% self employment taxes plus regular income taxes. That is how Phil Hellmuth and Daniel Negreanu are taxed. The only good thing is they can write off driving to the casino and their meals, and other expenses.

If gambling is not your primary source of income you are taxed at 25%.

poker is sort of like a business it take money to make money and have to be good with your money when owning a business as well as playing poker.

I have been living on the income from the game of poker for many years now! It's not so difficult if you think with your head and don't chase extra income!

No,I`m not a professional player.It`s a joy and fun at first.

I think it is possible
But you have to play serious
And tilt less

maybe, if you think poker is like investing ..... like trading ?

but I'm just a hobby

Poker is not a business, it's a hobby for me! good luck

Of course you can live from Poker. There are many who do. But it's like you say, you have to be really good to live on it. For now I only play recreationally and thus earn some extra money which is very helpful.

Welcome to our community.
I think it is up to you. If you dream of becoming a professional player, then it means that you can achieve your goal. If you are ready to work hard, every day, step by step for your goal, then it is obvious that you will be able to realize your dream.
Please note our free course that helps members of our community make their dreams come true.
https://www.cardschat.com/become-a-w...-poker-player/

Originally Posted by ioriyamatano

Could playing poker be seen as a way to generate income to live comfortably? Could you spend the rest of your life playing poker and never worry about having a job again?

I know a lot of experience is needed. But don't think you can make a living from poker.

No you cant just rely on poker for income. You can play correct all the time and still lose. To make it you would have to get very lucky in the beginin then like all other high stakes players you would have to get income from owning a business or just a regular job. If you pay attention to the big games you notice that ppl are lucky for a couple years then you never see them anymore.lotta players have gone bust and wonder why when its just as simple as poker is gamling.

If you are young, trying to realize your poker dream, otherwise take it for fun should be better.

Poker is a game. The factor of luck is from the main factors. This means that you will invest in luck also! Anyway in the long term the game can give a profit and as our improvement grows the profit can grow also!

If you generate enough to meet your needs, I suppose it can be seen as a business.
On the other hand, I'm sure it's a good deal for casinos, online rooms, and live streaming sites.
And sometimes for many it is just a fun hobby.

It is proven throughout the world that people who make a business of poker ... of course, to be successful in the business of poker you have to have skills ... because also as in any business there is a risk of losing it everything....!

I know people who earn consistently good money in poker for their lives and have not been worried about work for several years but it is not easy as it seems in reality

For me it is fun, later we will see if it gives a good profit and it would become a business.

if you do it with discipline an strategy, is posible

Poker can be a job, hobby, investment but I don't think it is a business unless you coach or create a backing site.

You definately still can. If you treat it like a job and put in the time then the opportunity is still there to make a living. With enough work and study you can still make a pretty comfortable living. Most people just expect to put in less hours than a normal job and the truth is you probably have to put in more

No playing poker is LIFE!

Depends on what you call business, if you want steady income at the end of every month, then maybe not. Since in poker you have variability, you might have good runs and bad runs, so it may not be a reliable source of income.
However, given the statistics and the numbers behind poker, if you keep making +EV decisions, in the long run, you'll be profitable.

In theory, poker could be a business. It would be interesting to know how many pro poker players earn a living only from poker. Some as top pro golfers, for example, make more in guaranteed endorsements, than tournament earnings.
In poker, are there any guarantees for the lower stakes common player?
With a guaranteed source of income, a poker player could play, as a side business, where profit/loss is not everything.

Everything is possible, the main aspiration and experience...

Yeah you could considerate a business but you’d have to put the time in and be well aware of the risks, just like any business really

i would be out on the streets if it was my business, lol.
im sure that there are the professionals that can and do make a living at it, but i am not one of them.

Another risky way would be to stake a few players that you know are good and try and make money that way.

When u train hard, play smart and dont go on tilt, there is a good possibility to live from poker