So, you’re thinking of turning professional and making poker your full-time occupation. The professionals are a source of inspiration because we all associate them with high salaries and luxurious lives. Thousands of players try their luck at the annual tournament every year in the hopes of replicating Chris Moneymaker’s 2003 victory. While some poker players can make a living at the game, there are thousands more who are not. A lot is going on behind those poker pros’ stone expressions. Pro poker isn’t easy money, as the old saying goes. The majority of people have no concept of what it entails to build a life as a poker player. If you’re thinking about going this route, we want to make sure you know about the poker game rules. A number of us who have played professionally for a while put together this guide to determine the best possible choice possible.
Some Benefits and Drawbacks of Professional Poker Play
Many positives outweigh the negatives of making a living from poker. Here, however, are some lists that, while not exhaustive, should help you quickly summarise the benefits and drawbacks of making poker your full-time occupation.
- One of the advantages of making a living through poker is the freedom it provides. You’re free to work whenever you like, whenever you want. And since there are no early mornings, you may take time off whenever you like.
- You’ll be competing against other people in one of the world’s most exciting games. The tension and excitement of the game are palpable.
- When things are going well, you can make more money at poker than you could at a lot of other careers.
- If you’re a winner, this way of life is fantastic. Even if it means being able to go anywhere in the globe to play games, it does.
- Poker players have the opportunity to earn a substantial income, much higher than that of those in most other professions.
- The skills of money management, risk and reward analysis, quick decision-making, and stress management are all transferable to real life thanks to the game of poker.
The effects of Poker as a Full-Time Career
The absence of a guaranteed salary: Certain months may result in a loss of money. You’ll need to do more than just survive this; you’ll also need to keep your cool and your belief in your ability to succeed.
- Weariness: Continuous grinding can be exhausting. However, playing for higher stakes may need less time invested.
- Poker’s long hours and unpredictable schedule can cut into quality time with friends and family. Or the time you put into making new friends.
- You need patience if you want to make a living at poker, as poor beats and swings in the game will harm your bankroll. You need to pay close attention to the poker rankings.
- Though it has gone a long way, by 2022, making a living from gambling is still stigmatized by many people.
Thoughts on Professional Poker
Effort and Dedication to Work
Most people don’t hold professional poker players in high regard. When a child announces that they are dropping out of college or a full-time job, most parents react with shock. No matter your stance on whether or not it’s right to steal money from inferior players, you can’t deny the effort and brains required to reach the highest levels of the game. Back in the day, all you needed was a computer and an Internet connection to make a fortune playing poker online. Today, though, a respectable work ethic and the capacity to make a career at poker are necessities. Those who are willing to put in their time could find themselves in a position with a lot of autonomy. However, professional poker demands full-time dedication. When playing for an extended amount of time, you need to devote your entire being to the task at hand. Don’t base your sense of worth on how well you do at the tables. Because major downswings are inevitable no regardless of how good someone is. Consequently, this has negative consequences on the mental health, productivity, and life of some poker players outside of the game. You need a balance of things that add value to your life, such as friends, other pursuits, a workout routine, and travel.
Being a skilled poker player also has the less talked-about negative effect of making you greatly devalue money. It’s difficult to practice frugality when money comes in and out of your account at such a rapid rate. They feel no real attachment to many of the things they buy, so they treat them as though they were completely free. Some people get better at managing their finances as they get older, but for many others, money management remains a struggle no matter how long they’ve been playing.