Good Online Casino Tips 4
If you have found this article it hopefully means you are looking to make some extra income from playing poker online, you could even be looking to quit the rat-race for good and go full time. I run a small website and poker school as well as have been Comihl Upnm Edu published a blog post full time online poker player for four years, playing part-time whilst working a regular job for four years prior to this. In the event you are considering playing poker online for a living you could benefit from reading the next.
In many ways playing poker online for a living really is one of the best jobs on the planet:
You may have no Boss.
Nobody to tell you what to do, nobody to increase your workload because others are incompetent, nobody to suck up to simply because they've been at the company longer than you so they're 'in charge'. While you can probably tell, I do not like bosses. Not have, never will.
You work when you want.
No getting up at 6.30am to make it to the office on-time. If you want a day off you take a day off; if you want a week off you take per week off. You've got no boss, you may do exactly what the hell you like!
You don't necessarily have to pay tax on your earnings.
In the event you are from the UK, one example is income from playing poker is tax-free. (For many of you outside the UK this isn't the situation, your profits are fully taxable by law. Make sure you are fully informed about your tax obligations in relation to professional gambling).
You may work anywhere on earth.
Have laptop: will travel! Good invention this internet thing is not it? Personally, I have travelled a whole lot over the past 4 years, lucky me gets to go to South Africa, Australia, New Zealand, United States and Canada to name but a few. At the time of writing I'm in Buenos Aires. If you have the desire to see the world, playing poker online really does fit the lifestyle like a glove. An added bonus here is the fact that you'll be earning in US dollars (GBPs or Euros too) if you decide to live anywhere where this currency is stronger than the local currency you'll feel that much richer!
You may enjoy what you do.
Poker is a great game, it's always throwing up new situations, a new set of challenges to overcome and new opportunities to learn. Sure, there will be occasions when you will not enjoy playing, you would rather be out socialising with the 'regular 9-5ers' but I can honestly state that after all this time I still have a love for the game. It isn't such a bad way to meet people too. You can forge strong links with fellow online players from all over the world. You've got a common interest, you're bound to get along!
Convinced? Thinking of how you certainly will be telling your boss what you really think of him, or her, while you hand over your letter of resignation? Wait just a minute, life as a full time poker player is not all a bed of roses, playing for a living is not for everybody. Read on and also you shall find out why.
Say goodbye to most weekends and evenings.
In fact, if you're in the UK or Europe you could well become nocturnal. The truth is it's much easier to find profitable games through the night and at weekends. This is when a lot of casual players will sit down for per hour or two, many seem to just hate their cash and are eager to give it away. Even the largest poker room online has far fewer, and far tighter tables throughout the United States of America day time than during the evenings.
Your income is unstable.
Even the best players experience long losing streaks, it's unavoidable. These streaks lasts weeks, as well as over a month in extreme cases. It's entirely possible you will play near-perfect poker for per week yet still find yourself losing money. Not just do you may need the bankroll to withstand this you also need the temperament to deal with these swings of fortune, they do happen and it's not fun once they do. It's important therefore to maintain your living expenses separate from your bankroll, this helps ease the pressure in the event the fish are feeding on you. Stick to your solid game and you will experience the correction in fortune. Poker is a game of skill, in the long-term luck plays no part in your profits. Providing you are adequately bankrolled you will win back any loses, in fact you are going to win even more.
"Dear Mr Bank Manager, I would like a loan to buy my dream house/car/holiday/bride. I am a professional poker player and my annual income is $(insert crazy figure here!)".
Find out how your lender reacts to that! You will not convince too lots of people to lend you any money if they find out what you need to do. If you certainly will be needing to borrow money to make an important purchase in the foreseeable future think long and hard. For advice on securing loans for pro-gamblers seek a qualified Independent Financial Advisor.
There is a lot to consider in case you are thinking of relying on poker for your income source. Without doubt the wisest way to proceed is to keep your steady job; play poker as your hobby at the start, it's probably best if you give it at least one year, probably more. Perhaps you can only manage 10hrs play every week? Over the weeks and months you'll find out advanced skills that can increase your profits significantly. At the same time you are going to still have the security of a regular salary.
