Monday, September 13, 2010

Can I make money from poker?

Does anyone here play Poker? I've heard some good things about it, would learning to play it be a decent way to earn a bit of cash on the side? As of right now I know essentially nothing about it but am willing to learn how to play.




I've a friend who's big into it, and regularly loses a lot of money at the weekends. I play casually, and never for real money, but if you're good at it, have trusty people to play with, and don't mind handing over cash, then it's a good way to spend an evening.

its pretty easy
just go play some low stakes at a casino to learn
wear sunglasses, dont smalltalk
keep your facial tics from showing
dont be a dipsh*t on hands (betting all in when you have a 4/5 straight and praying for that last card)
be conservative
but be risky on the some hands (high pairs, trips)
really learn at a casino
BE OBSERVANT.

Does anyone here play Poker? I've heard some good things about it, would learning to play it be a decent way to earn a bit of cash on the side? As of right now I know essentially nothing about it but am willing to learn how to play.

if you are an expert-level poker player (years of practice), you can expect to make a small percentage of your bankroll yearly. if you have $300,000 to play with and you have a consistent edge over your opponents due to years of practice, you can expect to make $40,000 a year playing poker at most, and then only if you play 12 hours a day 5 to 7 days a week.
it's a fun game. it's not a money factory.

Played texas hold'em on facebook. Twas fairly entertaning


if you are an expert-level poker player (years of practice), you can expect to make a small percentage of your bankroll yearly. if you have $300,000 to play with and you have a consistent edge over your opponents due to years of practice, you can expect to make $40,000 a year playing poker at most, and then only if you play 12 hours a day 5 to 7 days a week.
it's a fun game. it's not a money factory.

one word: tournaments.

I played tourney poker every single week and I absolutely love it. The key is, don't get bored and decide you're going to try and play hands that suck. You will fold a lot, and this is OK. Only play hands you think you have a shot of winning.


one word: tournaments.

i'm gonna need more than one word there, champ. you think you can win tournaments with skill alone? you're still going to lose to bad luck often enough to keep your earnings down to more or less exactly what i said.


i'm gonna need more than one word there, champ. you think you can win tournaments with skill alone? you're still going to lose to bad luck often enough to keep your earnings down to more or less exactly what i said.

no i mean, getting into the really high stakes tourneys
ever seen world series of poker? they ride hundreds of thousands on one hand
skill can win big. it just takes alot to get started. thats what im saying.
you CAN make big money.

I've a friend that pays for his college tuition from poker alone. That slick motherf**ker.
Teach me the ways, Darius.

Does anyone here play Poker? I've heard some good things about it, would learning to play it be a decent way to earn a bit of cash on the side? As of right now I know essentially nothing about it but am willing to learn how to play.

Once talked to a friend, who is Pro Magic the Gathering player and sometimes goes and earns money playing online poker.
He called it a very boring and depressing game. You have to be extremely disciplined and when on a tilt and cards don't come you can't flip out and start playing stupidly. Not fun if you want to make profit online.


if you are an expert-level poker player (years of practice), you can expect to make a small percentage of your bankroll yearly. if you have $300,000 to play with and you have a consistent edge over your opponents due to years of practice, you can expect to make $40,000 a year playing poker at most, and then only if you play 12 hours a day 5 to 7 days a week.
it's a fun game. it's not a money factory.


one word: tournaments.

its pretty easy
just go play some low stakes at a casino to learn
wear sunglasses, dont smalltalk
keep your facial tics from showing
dont be a dipsh*t on hands (betting all in when you have a 4/5 straight and praying for that last card)
be conservative
but be risky on the some hands (high pairs, trips)
really learn at a casino
BE OBSERVANT.

I've a friend who's big into it, and regularly loses a lot of money at the weekends. I play casually, and never for real money, but if you're good at it, have trusty people to play with, and don't mind handing over cash, then it's a good way to spend an evening.

All horrible at poker and horrible advice.
If you aren't awful, your bankroll should be growing as your playing improves. Tournaments are for luckboxes and sh*tters, cash games are where it's really at.
OP - you've mostly missed the boat on it. Four years ago, yes - you could have got in, and built a decent bankroll when the games were as soft as sh*t. Nowadays every reasonably bright student is playing as a regular. Christ, I'd say my general edge at 5nl is bigger than my edge at nl10 (As in I have a bigger advantage playing against people at $5 bb stakes than I do at people playing with 10cent stakes).
Anyway OP: if you want to learn poker, the quickest and fastest way is to subscribe to Deucescracked.com, and follow their intro videos. You can trial for 2 weeks, and download all you want inside that trial period, no DRM.
The series I remember being worth looking at are Baby Steps, From the Ground Up, Mathematics of No Limit Holdem. Play a load. Once you get to 20cent bb stakes, look at Memoirs of a limidonk, movin on up, and real life micro no limit grinder. Post then, last man standing, turning the corner and unconventional wisdom.
Good luck. And go and read 2+2, and the beginners forums. More info there than you will get anywhere else.



All horrible at poker and horrible advice.
If you aren't awful, your bankroll should be growing as your playing improves. Tournaments are for luckboxes and sh*tters, cash games are where it's really at.
OP - you've mostly missed the boat on it. Four years ago, yes - you could have got in, and built a decent bankroll when the games were as soft as sh*t. Nowadays every reasonably bright student is playing as a regular. Christ, I'd say my general edge at 5nl is bigger than my edge at nl10 (As in I have a bigger advantage playing against people at $5 bb stakes than I do at people playing with 10cent stakes).
Anyway OP: if you want to learn poker, the quickest and fastest way is to subscribe to Deucescracked.com, and follow their intro videos. You can trial for 2 weeks, and download all you want inside that trial period, no DRM.
The series I remember being worth looking at are Baby Steps, From the Ground Up, Mathematics of No Limit Holdem. Play a load. Once you get to 20cent bb stakes, look at Memoirs of a limidonk, movin on up, and real life micro no limit grinder. Post then, last man standing, turning the corner and unconventional wisdom.
Good luck. And go and read 2+2, and the beginners forums. More info there than you will get anywhere else.

Also, the humour is like an offshoot of web, but with exclusively clever or autistic people. If you're bored, go read BBV4L or BBV.


no i mean, getting into the really high stakes tourneys
ever seen world series of poker? they ride hundreds of thousands on one hand
skill can win big. it just takes alot to get started. thats what im saying.
you CAN make big money.

no, you CAN'T. you can make big money winning the lottery too, but the numbers don't work out.
i can't believe i have to explain such elementary statistics to you. the chances that you have of winning a tournament ( 1 divided by the number of contestants, then multiplied by your edge ) multiplied by the prize money of a tournament, divided by the entry cost, then multiplied by X equls the amount of money you can expect to win PER TOURNAMENT ON AVERAGE. you'll notice that the ONLY variable you have any control over is your edge, which changes depending on the skill of the players you play with.
if you do the math, you'll find that you are going to lose often enough that you'll average out to making $10,000 a year playing tournaments on a low bankroll (under 100,000) even if you have an EXPERT-LEVEL edge.

Does anyone here play Poker? I've heard some good things about it, would learning to play it be a decent way to earn a bit of cash on the side? As of right now I know essentially nothing about it but am willing to learn how to play.

If I had to do it all over again I would deposit $100 into pokerstars and play the penny tables instead of going to the casino and getting killed.


no, you CAN'T. you can make big money winning the lottery too, but the numbers don't work out.
i can't believe i have to explain such elementary statistics to you. the chances that you have of winning a tournament ( 1 divided by the number of contestants, then multiplied by your edge ) multiplied by the prize money of a tournament, divided by the entry cost, then multiplied by X equls the amount of money you can expect to win PER TOURNAMENT ON AVERAGE. you'll notice that the ONLY variable you have any control over is your edge, which changes depending on the skill of the players you play with.
if you do the math, you'll find that you are going to lose often enough that you'll average out to making $10,000 a year playing tournaments on a low bankroll (under 100,000) even if you have an EXPERT-LEVEL edge.

This is otherwise known as the
"lol donkaments"
factor.

Fun game, avoid playing it for a living.



All horrible at poker and horrible advice.
If you aren't awful, your bankroll should be growing as your playing improves. Tournaments are for luckboxes and sh*tters, cash games are where it's really at.
OP - you've mostly missed the boat on it. Four years ago, yes - you could have got in, and built a decent bankroll when the games were as soft as sh*t. Nowadays every reasonably bright student is playing as a regular. Christ, I'd say my general edge at 5nl is bigger than my edge at nl10 (As in I have a bigger advantage playing against people at $5 bb stakes than I do at people playing with 10cent stakes).
Anyway OP: if you want to learn poker, the quickest and fastest way is to subscribe to Deucescracked.com, and follow their intro videos. You can trial for 2 weeks, and download all you want inside that trial period, no DRM.
The series I remember being worth looking at are Baby Steps, From the Ground Up, Mathematics of No Limit Holdem. Play a load. Once you get to 20cent bb stakes, look at Memoirs of a limidonk, movin on up, and real life micro no limit grinder. Post then, last man standing, turning the corner and unconventional wisdom.
Good luck. And go and read 2+2, and the beginners forums. More info there than you will get anywhere else.

Thanks, I'll check those out



All horrible at poker and horrible advice.
If you aren't awful, your bankroll should be growing as your playing improves. Tournaments are for luckboxes and sh*tters, cash games are where it's really at.
OP - you've mostly missed the boat on it. Four years ago, yes - you could have got in, and built a decent bankroll when the games were as soft as sh*t. Nowadays every reasonably bright student is playing as a regular. Christ, I'd say my general edge at 5nl is bigger than my edge at nl10 (As in I have a bigger advantage playing against people at $5 bb stakes than I do at people playing with 10cent stakes).
Anyway OP: if you want to learn poker, the quickest and fastest way is to subscribe to Deucescracked.com, and follow their intro videos. You can trial for 2 weeks, and download all you want inside that trial period, no DRM.
The series I remember being worth looking at are Baby Steps, From the Ground Up, Mathematics of No Limit Holdem. Play a load. Once you get to 20cent bb stakes, look at Memoirs of a limidonk, movin on up, and real life micro no limit grinder. Post then, last man standing, turning the corner and unconventional wisdom.
Good luck. And go and read 2+2, and the beginners forums. More info there than you will get anywhere else.

the mistake that idiots like you make is thinking that no one is good at poker but you. MOST people study how to play. poker is not 99% hicks and morons who throw money at every hand... it's .5% pale-skinned tubby experts who sit in the dark and play all day every day, 50% people like you and i who have studied some but not enough to win, and 45.5% hicks and morons. the only people making a living are that top half a percent.


no, you CAN'T. you can make big money winning the lottery too, but the numbers don't work out.
i can't believe i have to explain such elementary statistics to you. the chances that you have of winning a tournament ( 1 divided by the number of contestants, then multiplied by your edge ) multiplied by the prize money of a tournament, divided by the entry cost, then multiplied by X equls the amount of money you can expect to win PER TOURNAMENT ON AVERAGE. you'll notice that the ONLY variable you have any control over is your edge, which changes depending on the skill of the players you play with.
if you do the math, you'll find that you are going to lose often enough that you'll average out to making $10,000 a year playing tournaments on a low bankroll (under 100,000) even if you have an EXPERT-LEVEL edge.

It's not divided by the entry cost you dyscalculic moron, it's MINUS the entry cost.


the mistake that idiots like you make is thinking that no one is good at poker but you. MOST people study how to play. poker is not 99% hicks and morons who throw money at every hand... it's .5% pale-skinned tubby experts who sit in the dark and play all day every day, 50% people like you and i who have studied some but not enough to win, and 45.5% hicks and morons. the only people making a living are that top half a percent.

Cba to get you a garph but as a current student I make basically more than your dad playing 2/5, 5/10 and the occasional 10/20 part time.


It's not divided by the entry cost you dyscalculic moron, it's MINUS the entry cost.

nice catch, bro. i guess that means i don't have a point any more huh?


Cba to get you a garph but as a current student I make basically more than your dad playing 2/5, 5/10 and the occasional 10/20 part time.

if that's true then you haven't been playing very long. long-term includes up swings and down swings.. you'll have months you do well and months you lose money and months you break even if you keep it up.

No monies in poker anymore, everyone is solid.

I'm too lazy to grind in poker ni**er.


if you are an expert-level poker player (years of practice), you can expect to make a small percentage of your bankroll yearly. if you have $300,000 to play with and you have a consistent edge over your opponents due to years of practice, you can expect to make $40,000 a year playing poker at most, and then only if you play 12 hours a day 5 to 7 days a week.
it's a fun game. it's not a money factory.

40k a year for a full time grinder of 1/2NL is sick.

I learned to play texas hold em with this.
http://www.newgrounds.com/portal/view/445178
Now I can just start playing poker with my bros like that and everyone thinks I'm worldy.
Spoiler: You have to be patient and get your priorities straight, all the classic cliches of bluffing, getting to know opponents, watching body language and pretending to bluff are true.

Im not lying, bragging or trolling - when i llefy high school in 2005 i went to play pokee.
I played a loose aggressivr style withput the bank to back it up or yhe discpline to save a stack.
I pushed it to the limit past the point of no return - PAST THE LIMIT.
I was playing at the casino on a table where you needed 2 grand just to sit down - i was churning money my way until i realised I WAS MAKING SO MUCH MORE THAN I COULD MAKE ANYWHERE ELSE.
Srsly- nerves blew my game;
im working again and im going to take a wsop but its a long time from now.
Posted from my iphone


if that's true then you haven't been playing very long. long-term includes up swings and down swings.. you'll have months you do well and months you lose money and months you break even if you keep it up.

Really? Variance? What's that? I had my first 25k month in jan, playing about three years.

nice catch, bro. i guess that means i don't have a point any more huh?

Not really. Your point was stupid because you said "If your bankroll is fixed, and your edge is fixed, then your income is fixed". which is pretty ldo. Point is that you are playing because you are more intelligent than the margin, so you will be improving faster than other people and so be makin maneys.
The point is that that is not why you shouldn't get into poker. The reason is:
No monies in poker anymore, everyone is solid.

Also live games are still soft as f**k.


Really? Variance? What's that? I had my first 25k month in jan, playing about three years.

Not really. Your point was stupid because you said "If your bankroll is fixed, and your edge is fixed, then your income is fixed". which is pretty ldo. Point is that you are playing because you are more intelligent than the margin, so you will be improving faster than other people and so be makin maneys.
The point is that that is not why you shouldn't get into poker. The reason is:

Also live games are still soft as f**k.

Live games = tourist, degenerates and old people.

I learned to play texas hold em with this.
http://www.newgrounds.com/portal/view/445178
Now I can just start playing poker with my bros like that and everyone thinks I'm worldy.
Spoiler: You have to be patient and get your priorities straight, all the classic cliches of bluffing, getting to know opponents, watching body language and pretending to bluff are true.

thanks anon, I've been playing this for about 3 hours. seriously addicting.

Yeah poker is a legit way of making a bit of money on the side, great hobby too.
I've been playing it for about a year and made $500 from it, plus I'm getting better all the time.
I'd reccomend it.

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