floatingflops
over 4 years ago
Although I agree that you have to treat poker as a business if you are going pro, let's paint a more realistic picture of what expenses really look life for those that don't have their own personal chef.
There have been many contenders over the years but the best online poker players happen to also be among the top ranked poker pros in the live arena. Patrik Antonius is currently online poker’s all-time money leader with over $17 million in earnings. Over $11 million of those came while he served as a Full Tilt Poker pro. What chord does it strike when you hear poker and income said together? Well for a period you may think it would be simple and individuals can ordinarily succeed doing that yet in the meantime you may be attracted to the possibility that it would be unsafe. To the reality lane, it’s unquestionably conceivable to adjust.
Rent for a one bedroom in Las Vegas: $700
Utilities: elec, internet, etc. $300
Food: $400, less if you eat with your comps
Car + insurance + gas: $400
Total: $1800
If you make $20 hr x 2080 hrs (full work year) you get $41,600
Taxes are not 30% in this bracket but for sake of argument we will use it. Gross after taxes: about $29,000
Monthly income: about $2,400.
Income - nut = $800 disposable income every month.
Anyone working their tail off now at a job they hate have an extra $800 at the end of every month? Me neither.
Free Online Poker
Replytrentbridge
over 4 years ago
Except floating flops - if you worked at a regular job that pays $20/hr - you get a paycheck every two weeks - the income tax is already taken out and your employer pays half of your social security. (6.65%) Plus you might even get two weeks paid vacation to go to the WSOP in Las Vegas.
Self-employed as a pro poker player, you aren't guaranteed any income and you owe 15.3% self-employment tax in lieu of social security.
You can't reduce a decision like this to accounting - you have to be comfortable making your living in a skill/talent based business that has nine folks at your place of business who believe they are as talented/skilled as you are - all wanting to take your money. It's the same world faced by writers, actors, musicians, comedians, artists, and professional golfers. The rewards at the top are extreme but there are no guarantees that more than 2% will ever reach those heights. Even established players are eager to take on sponsors - write books / do commercials/ sell teaching videos etc to make some income away from the felt.
Replyskippy01
over 4 years ago
$1,000 per month for food? And you are a vegan?
http://www.amazon.com/Eat-Vegan-4-00-Day-Conscious/dp/1570672571
Table Of Contents
The United States has been a precarious place for online poker since 2011. Only a handful of states have legalized and regulated the activity, leaving thousands of poker enthusiasts looking for a place to enter real-money online games.
But there are options, even if you don't live in one of the states that offer legal online games. In this article we look at some of those options; be sure to check back as more states pass bills to allow us to play the game we love and don't forget to visit this page about online casinos in the USA if you want to play more games too!
New Jersey – The Place Where Online Dreams are Made
888poker NJ
888poker is one of the most trusted brands in poker, and with over 25 million customers around the world, there’s a reason for it.
888 offers large welcome bonuses and $10 free to get started. Players can also enjoy 888poker on their mobile devices. While players can only play one table at a time, cash games, sit & go tournaments and multi-table tournaments are all offered.
Obviously, the only downside to this U.S. poker site is that traffic is relatively low, because, there are only so many people in New Jersey who play poker.
So get going! Take to 888poker for all the games, bonuses and special offers.
PokerStarsThe best poker software around, PokerStars New Jersey is the real deal!
Online Part Time Income
Play Nowpartypokerpartypoker has seen a major resurgence, and their New Jersey client is just as great.
Play Now888poker
888poker NJ customers can enjoy playing at the site via their favorite Android or iOS powered mobile device.
Play NowBorgata PokerProperty of the world-famous New Jersey land-based Borgata Hotel Casino & Spa, Borgata Poker is available in New Jersey.
Play NowBorgata Poker
Of all the poker rooms you could choose, BorgataPoker.com is one of the most superb, namely because it’s the official poker site of the famous Borgata Hotel Casino & Spa.
Playing Online Poker In Us
Given its large signup bonus and VIP program, players enjoy a brand that’s trustworthy and secure with a free $20 in pocket.
Playing Poker For An Income
BorgataPoker.com offers a similar range of games as 888poker but it is also home to FastForward poker, or “fast-fold” poker, meaning you can pick up a new table if you don’t like your hole cards and fold.
WSOP.com NJ
Play for a share of $700 for free; get a 100 percent match up to $400 first deposit bonus; and have all of it be legal!
With WSOP.com NJ, online poker rooms take a new form with exciting cash games, an awesome tournament schedule and, last but not least, the opportunity to qualify for the World Series of Poker!
Play on your mobile device or take it to the desktop, but either way, this trusted name won’t let you down. Play now!
PokerStars NJ
PokerStars' unrivaled game selection makes it a top play. Considered to be the best regulated online poker site in the U.S., PokerStars NJ is the market leader with excellent customer service, great software and a lucrative VIP scheme.
There’s a reason PokerStars says “We are Poker.” Their software is available on Mac, PC, iOS and Android devices. Their welcome bonuses are the most robust in New Jersey and they run alongside great promotions.
Download PokerStars today to see what you’re missing in this online poker room!
partypoker NJ
Partypoker NJ, an operator since 2001, is a major player in the online poker tournament scene. Play all your favorite games directly from your smart phone: cash games, FastForward poker, sit & go tournaments and other casino game favorites.
While partypoker does not offer multi-table tournaments, don’t let that stop you from enjoying their major signup package or free $25 bonus. This operator regularly offers value-packed promotions, so stop procrastinating and get going at this great U.S. poker site!
Nevada – Vegas, Baby!
WSOP.com NV
WSOP.com is the only online poker site where you can not only win your way into WSOP live events, but also win a WSOP bracelet. Enough said.
With the backing of Caesars Interacting Entertainment the famous World Series of Poker brand, this U.S. poker site finds favor because it offers almost everything: a wide variety of game types and limits, 888poker software, a player pool linked with Delaware, deposit and withdrawal options at live venues and excellent customer service.
And to top it all off, if you sign up to WSOP.com from PokerNews, you can get a 100 percent match up to $400.
WSOP.com NV will make your online poker experience as enjoyable as possible. So take advantage of this state-of-the-art software and have some fun!
So, have no fear! U.S. gaming is here. These online poker sites are just waiting for you.
Anywhere But No Real-Money Element: WSOP's Social Site
You can't play for real money, but you can experience the thrill of poker anywhere in the world by logging onto WSOP's social poker site. You can play no-limit hold'em and omaha, and both ring games and tournaments. Sign up for the World Series of Poker social site via PokerNews.com, and receive 250,000 extra chips!
Finding a trustworthy room to play online poker can be a monumental burden. That's all the more true if you're just looking for a place to play poker for free. We've listed five of the best play-money poker sites to enjoy and help hone your skills.
Tags
888BorgataNevadaNew JerseyOnline PokerpartypokerPokerStarsWSOPRelated Tournaments
World Series of Poker