How Incredibly Easy To Become A Professional Poker Player

how-incredibly-easy-to-become-a-professional-poker-player

I think the most important aspect of dealing with children like this is to have honest conversations with their coaching. One that illustrates the complexity involved in making a living gambling. You do not want to come off, “It’s impossible,” because it certainly was. There are thousands of professional poker player Dan Bandarq in the world, but I can not think of a few successful pro today that do not treat it like a serious job and work hard both playing and learning the game.

So I mean this in a coaching conversation is to really describe what it takes to make a living doing this. For had they fully understand what that really looks like, but do it in such a manner in which they themselves are aware of it, than I declared to them that they should not even bother trying.

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I began to explain to them that a professional poker player is a small business owner, in the business of entertaining their customers (players who are not skilled as they are). Most every successful business has a mission statement. Since this is a small one person businesses call it a vision statement.

The vision statement should be one to two sentences on what you want to see for the company. You are a company of course, so I would encourage you to write a vision statement now. It could look like this:

My vision in poker is to use it as a vehicle to create abundance in my life. Passionate dedicate ourselves to learn, improve, and develop my skills, while also financially responsible.

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That’s just one example, you need to write one that speaks to you personally because you will come back to this statement frequently. It is a statement that will guide you through your career. The next step is to get a little more specific and measure what is abundant as for you. A concrete annual income you hope to achieve. For this example, let’s use $ 100,000 as a destination.

So now we have a vision statement and objectives, the next is HOW. The real plan. Drawing from our vision statement, we need to ensure that our plans are financially responsible and that we continue to develop our skills away from the table. To hit the $ 100,000 mark, it also requires that you can measure how much money you can expect to make a clock in your game play.

For example, let’s say bankroll and your skill level you have to play $ 2- $ 5 no limit hold’em at Bellagio. It’s important to know how many games are worth to you. The best place to start would be to ask around and see what is the best player in the game can expect to make, and then cut about 30% of that amount. Yes, you might be the best player in the game, but until you’ve proven you can, let’s assume you are still in the learning phase and should not expect to jump out of the gate and be the best player at the table.

Based on what I’ve heard, the best player in the game who can make as much as $ 30 per hour. Minus 30% of that, if all goes well, you can target the $ 21 per hour. To make the math easier, let’s make a flat $ 20 per hour. Because our goal is to make $ 100,000 a year, now we can have a rough idea of how many hours we really need to spend at a table playing poker. That comes to 5,000 hours a year playing. If we break down further, which comes to 417 hours a month, which breaks down to more than 100 hours a week! This is before we even add all hours of study are required in line with our vision statement. To a maximum of 10 hours of play, you have to add at least two hours of study time. Add on another 1,000 hours a year of study, which comes down to 14 hours a week.

So now we have you play 105 hours a week, and learn about 14 hours a week for a total of close to 120 hours in a week. Do you know how many hours a week? 168. If you plan to sleep 8 hours a night, others 56 hours a week. With work / study on the 120 and sleep at 56, which is a total of 176 hours a week.

Uh oh, Houston we have a problem! While your vision statement is quite clear as your goal, your plan simply is not feasible. It is not humanly possible unless you are planning to skip out on the bed completely and have absolutely no social life whatsoever! No matter how well you play, your plans are doomed to fail and will.

So the most obvious thing is to adjust your expectations on your annual income. Perhaps lowered from $ 100,000 down to $ 50,000 per year. To save time, let’s assume you can create a work plan in which you make $ 50,000 a year working very hard. Whether this will allow you to create abundance in your life? Probably not. It depends on your monthly nut, means how many expenses you incur a monthly fee. We will also assume you are a law-abiding citizens who pay their income tax, so right off the bat let’s whack of 30% from the $ 50,000 per year. That leaves you with $ 35,000 to spend over a period of 12 months, or about $ 2,900 per month.

You want a car, you will have to pay rent, and I assume you also may want to eat a meal at some point. Maybe even have a telephone and wifi in your apartment. So let’s say you find an apartment for $ 1,200 per month, spending $ 300 on your car and gas, and then $ 1,000 per month for food. That’s $ 2,500 total, leaving you $ 400 per month to cover everything else! Not to mention the fact that you need to maintain a bankroll big enough to deal with the inevitable swings. Heaven forbid you ever need to repair your car or getting a speeding ticket!

If you do not play with a bankroll large enough to play the games you want and live the lifestyle you want, and what your plans if you run out of money? How will you stay in action? Borrowing from friends is one option, but how would you ever build a bankroll large enough to pay them back? At best, you have an extra $ 400 per month. If you borrow $ 5,000 it will take two years everything was going perfect for you to pay them back. How many people do you know that will loan you $ 5,000 on the expectations are paid back in two years if all goes well? So you will get a bet you say? Ok, so now someone put up money for you to play in the $ 2- $ 5 games and you get to keep 50% of your winnings. Now you also have to trim your monthly income to $ 1,450 per month living expenses while you are at $ 2,500. You are still under water. Well what if I get staked play higher limits? OK, so you will find a supporter to put you in the $ 5- $ 10 game in which you have no experience, no player is harder, and your win rate is not guaranteed to be higher than $ 2- $ 5? Good luck with that.

It all painting a dark picture with the design. It is a fact that most of you are hoping to become the face of a professional poker player. One that can not be ignored. Is it possible that you have a work ethic, simple monthly nut, set of skills, emotional stability, the drive, the will, the bankroll, etc. Sure, but do not be fooled. There may be 2% -5% of people who can make this lifestyle work. Less than 5% of minor league ball players will never make the big leagues. Even less high school football player putting on weight in hopes NFL career will make it. There are many careers in which opportunities are highly stacked against you. There are heroes, special people who have “it” and find ways to make it, but most will fail. This is true in poker as well.

My goal is not to discourage you from pursuing your dreams, whatever they may be. My aim is to illustrate to you that it will require HARD WORK. It will not be easy as it looks on TV. Are you willing to put in all the hard work, all the while knowing that even if you do, they may not be enough?