A tough way to make an easy living

tough way to the money

One of the most famous adages in poker is that it is a “tough way to make an easy living”. This statement explains that once you have the necessary skills that money just flows to you or it will do eventually……that is the easy living part of it. The tough part is that you have no pension scheme, no paid leave, no sick pay, no company bonuses, no NI contributions……no nothing. The only benefit (in the UK at least) is that you can enjoy tax free income.

Also the physical aspect of sitting for long hours is not good. Neither is staring at a computer screen for long hours and concentrating intently either. I would never recommend to anyone to play poker for a living unless they had nothing to lose at the outset. You need to be in a certain career position (or lack of) to become a poker pro. In my experience then the vast majority of professional poker players have not ended up that way because they felt that poker was a more serious career path to the one that they planned to take when they graduated.

Even sitting around on a chair for 40 hours per week could be compared to an office job……except it isn’t. This is because more mental energy is used in the act of playing poker in a 40 hour working week than you average 9-5 office job. I say this with the greatest respect and also with experience and I know that online poker requires total concentration all the time. To make up your hourly rate then you need to play numerous tables at the same time.

So you literally have no down time in which you can let your concentration lapse. To play as a pro and play say eight-tables then it becomes necessary to take a break. However taking a break means closing down eight tables and getting those eight tables back is going to take some time! So you probably need to play for 50 hours per week to get 40 hours of full working time in at your optimal earning capacity.

I really don’t know how long a player can put in these sorts of hours for because as you get older then mental burnout becomes an issue. These days I only play poker part-time and that suits me fine. In fact as a part-time career then poker fits the bill perfectly. When you have income from other sources then poker is less stressful. You can take time off when you choose, enjoy all of the benefits of your current job or career and if you don’t feel well or are ill then you can take time away from work with paid leave.

You tend to find that when there is no pressure to make money in poker you tend to make more of it. My worst sessions have been when I have been pressing to try and make money. This is when you usually start going backwards.