Learn Online Poker Information 3
If you've 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 and also have been a full-time online poker player for 4 years, playing part time whilst working a regular job for 4 years just before this. If you're considering playing poker online for a living you could benefit from reading the following.
In several ways playing poker online for a living really is one of the top jobs in the world:
You shall have no Boss.
No-one to tell you how to proceed, no one to increase your workload because others are incompetent, no-one to suck up to simply because they have been at the company longer than you so they are 'in charge'. When you can probably tell, I do not like bosses. Never 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 every week off you take per week off. You've got no boss, you may do what the hell you like!
You don't necessarily have to pay tax on your income.
In the event that you are from the UK, for example, income from playing poker is tax-free. (For many of you outside the UK this is not the situation, your profits are fully taxable by law. Ensure you are fully informed about your tax obligations in terms of professional gambling).
You may work anywhere on this planet.
Have notebook: will travel! Good invention this internet thing is not it? Personally, I have travelled a lot over the past four years, lucky me gets to go to South Africa, Australia, New Zealand, United States and Canada to name but a couple of. At the time of writing I am in Buenos Aires. Should you have the desire to find out the world, playing poker online really does fit the lifestyle like a glove. An added bonus here is that you will 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 can enjoy what you need to do.
Poker is a great game, it's always throwing up new situations, a new set of challenges to overcome and official Dtc Edu blog new opportunities to learn. Sure, there will be times when you won't enjoy playing, you'd rather be out socialising with the 'regular 9-5ers' but I can honestly claim that after all this time I still have a love for the game. It is not such a bad way to meet people too. You can forge strong links with fellow online players from all over the world. You have a common interest, you're bound to get along!
Convinced? Thinking of how you are going to be telling your boss what you really think of him, or her, as 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 everyone. Read on and you shall find out why.
Say goodbye to most weekends and evenings.
Actually, when you are within the UK or Europe you could well become nocturnal. The truth is it's much easier to find profitable games during the night and at weekends. This is when a lot of casual players will sit down for per hour or two, many appear to just hate their money and are eager to give it away. Even the largest poker room online has far fewer, and far tighter tables during the USA day time than during the evenings.
Your income is unstable.
Even the most effective 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 certainly will play near-perfect poker for a week yet still find yourself losing money. Not only do you'll need the bankroll to withstand this additionally you need the temperament to manage with these swings of fortune, they do happen and it's not fun once they do. It's important therefore to maintain your living expenditures separate from your bankroll, this helps ease the pressure when the fish are feeding on you. Stick to your solid game and also you will experience the correction in fortune. Poker is a game of skill, within the long-term luck plays no part within your profits. Providing you are adequately bankrolled you will win back any loses, in fact you definitely will win much 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 yearly income is $(insert crazy figure here!)".
Find out how your loan company reacts to that! You won't convince too a lot of men and women to lend you any money whenever they find out what you do. If you certainly will be needing to borrow money to make a considerable purchase within the near future think long and hard. For advice on securing loans for pro-gamblers seek an experienced Independent Financial Advisor.
There is a great deal to think about if you are thinking about relying on poker for your source of income. Undoubtedly the wisest way to proceed is to maintain your steady job; play poker as your hobby at the beginning, it's probably best if you give it at least 1 year, probably more. Perhaps you may only manage 10hrs play per week? Over the weeks and months you will learn advanced skills that may improve your profits significantly. At the exact same time you certainly will still possess the security of a regular salary.