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Poker as income

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  1. OfleeLucky OfleeLucky is offline

    Posts: 679
    Joined: Mar 06

    Jun 18th, 2006 (6/18/2006 8:39pm)

    For those that are doing poker for at least part of your income..just curious what you usually make on avg per week? Do you cash out weekly? Do you cash out so much per week no matter what or only what is above your "set" roll? Just curious.
  2. SpadeSkillz SpadeSkillz is offline

    Powell, OH
    United States

    Posts: 1,102
    Joined: Jun 06

    Jun 18th, 2006 (6/18/2006 9:03pm) in reply to OfleeLucky

    Im fairly new to doing it full time but im a grinder and when i set out to do it my goal was to average 100 a day from some cash, some sng's, and some smaller buyin mtts that would give me 3,000 a month and 36 a year. I keep 1,000 in there daily and just cash out to my neteller whenever i get up a few hundred or so. Some nice mtt returns from small investments have got me off to a good start. Obviously as your bankroll grows you can spread around to get bonuses and play higher buyins @ other places for whatever type of game suits your strengths.
     
  3. OfleeLucky OfleeLucky is offline

    Posts: 679
    Joined: Mar 06

    Jun 18th, 2006 (6/18/2006 9:40pm) in reply to OfleeLucky

    I dont use neteller,how do you get the money from them?
    Thread Starter
  4. Jennifear Jennifear is offline

    Niagara Falls, NY
    United States

    Posts: 10,222
    Joined: Nov 05

    Jun 19th, 2006 (6/19/2006 9:57am) in reply to OfleeLucky

    100-200/wk avg... not my main source obv
    also i only cash out what is above my "set" roll
  5. Jeffois Jeffois is offline

    Sherwood Park
    Canada

    Posts: 290
    Joined: Apr 06

    Jun 19th, 2006 (6/19/2006 10:49am) in reply to OfleeLucky

    I would PM a few of the players you are curious about. They are probably more likely to discuss their hard earnings in a more private setting than in a forum.

    -Jeffois
  6. Scarypooper Scarypooper is offline

    Posts: 645
    Joined: Apr 06

    Jun 19th, 2006 (6/19/2006 10:55am) in reply to Jennifear

    "Do you cash out so much per week no matter what or only what is above your "set" roll?"

    If you're doing poker for a living, you shouldn't be completely dependant on your income this week. You should have more than enough saved up so that incase you had a bad run over a decent period of time, you don't have to worry (I believe a years living expenses is what I've seen required of most). If someone is really good enough to be a pro (this includes bankroll, not just skill), then they're making more than they need to live off of, and have plenty of extra money to go around. If someone feels they are good enough and has a sufficient bankroll to move up in stakes, then they'll likely give it a whirl and see how it goes.
    166 2
  7. bdluss bdluss is offline

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    Jun 19th, 2006 (6/19/2006 11:09am) in reply to OfleeLucky

    Essentially I do not have as set amount that I withdraw each week or month. I withdraw money as needed. Now I prefer to have quite a bit in savings and checking, so when I feel those accounts are getting low then I cash out. So usually I cash out every 3 months or so then I do series of cashouts from my various accounts.
     
  8. arickman arickman is offline

    Pittsburgh, PA
    United States

    Posts: 79
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    Jun 19th, 2006 (6/19/2006 11:12am) in reply to OfleeLucky

    I have a set roll and a set withdrawl profit goal. I withdrawl everytime I am +$300. If I am below my set roll, I grind and never withdrawl. Remember, your primary goal is to play for income and not building a higher bankroll for a higher limit. Find a limit you are a winner and stick to it. Occasionally, stab at a higher limit if you had a nice streak and profit. Withdrawing funds also keeps me disciplined not to tangled with the higher limits too often. To move up in limits while playing for income, you must profit enough to pay bills and save up for your 40 buy-ins of the next limit. Slow and steady wins the race.

    arickman
  9. rococo rococo is offline

    Schmargendorf
    Germany

    Posts: 353
    Joined: Dec 05

    Jun 19th, 2006 (6/19/2006 11:17am) in reply to OfleeLucky

    I cash out when i need money for whisky or drugs.
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