Poker Semi Pro Rating: 8,9/10 9882 reviews

floatingflops
over 5 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.

'Semi-professionals' enjoy poker as a side income and hobby without relying on it as a stable source of income. They also avoid the anti-social, monotonous nature of professional poker playing. Some semi-pros make a very significant income from playing cards, even more than many professionals! Over 1 year of playing poker semi-pro (and way more than 500 hours), I make x5 of what I earn at my office job. So don’t tell me how “hard” it is. I’ve read your books, Jonathan, you can call me a dreamer or whatever, but for me 30 hours a week at the poker table is NOT enough. Semi-Pro Score: 87.9. Semi-Pro Score: 63.9. Semi-Pro Score: 56.8. Matthew Kulp semi professional poker page. Matthew Kulp Semi Pro Poker Player. Semi-professional poker player - Someone who derives income from poker as a side job. Professional poker player - someone whose main source of income is poker. (outside of investments, this is generally their sole source of income).

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

Semi pro poker player

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.

Poker Semi Pro

Anyone working their tail off now at a job they hate have an extra $800 at the end of every month? Me neither.

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trentbridge
over 5 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.

Semi Pro Poker Player

Poker Semi Pro

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.

Joueur De Poker Semi Professionnel

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Mesa De Poker Semi Profissional

skippy01
over 5 years ago

Poker Semi Pro Golf

$1,000 per month for food? And you are a vegan?
http://www.amazon.com/Eat-Vegan-4-00-Day-Conscious/dp/1570672571