Im officially retiring from Poker

[JLGatsby]

Originally posted by: gooseman
It is most certainly possible. On New Years Eve on Full Tilt Poker there was a game with a 2500 buy in that paid 517,000 for 1st place!

Just because you win one tournament and make $500k that does not mean you "make $500k a year."

 

[Cuda1447]

Originally posted by: amoeba

Originally posted by: Cuda1447

Originally posted by: KillyKillall

Originally posted by: Descartes
When you say "a few hundred", do you mean thousand or literally hundred? If hundred, how can you call that a retirement?

I agree. Although I understand there may be some situations the OP isn't including.

Best of luck in your retirement. Hell...down a few hundred isn't even retireable.

I didnt play high limit poker, Im only fricken 20 years old. Not something I could afford had I lost. Sorry I haven't made eleventy billion, have you?

age really doesn't have that much to do with it. there are many who are younger than you making 100k+ a year online. But there is never anything wrong with quitting while ahead as the games can only get tougher as time goes on. if you don't enjoy the game, its much better to have a regular job.

You obviously have no understanding of the game. Age most certainly does have something to do with it. I do not make 100k a year, therefore I do not have the capability of playing in limits high enough to net met millions a year. Also, there are not many who make hundreds of thousands a year online. I know this for a fact. Because technically, it is illegal to play online under the age of 21. Therefore anyone REALLY making bank, Im sure would have their age verified.

 

[imported_obsidian]

I made $70k last year from primarily online poker. $18k so far this year. Probably around $150k-$200k by the end of the year which is also when I finish my BS degree. This is only cash limit ring games (over 250k hands last year). No tournament wins (because I suck at them). I started in March with a $100 deposit and have never made another deposit since. Good bankroll management, being able to take an honest self-analysis of your skills, and a willingness to learn are really what is needed to be successful at poker. Playing higher than your bankroll or thinking you are better than you really are, are the two things so many people in poker get wrong. FWIW, I know of many people who make more than $100k a year from poker. Many of which are ages 18-21.

 

[imported_obsidian]

Originally posted by: Cuda1447
You obviously have no understanding of the game. Age most certainly does have something to do with it. I do not make 100k a year, therefore I do not have the capability of playing in limits high enough to net met millions a year. Also, there are not many who make hundreds of thousands a year online. I know this for a fact. Because technically, it is illegal to play online under the age of 21. Therefore anyone REALLY making bank, Im sure would have their age verified.

This varies at different poker rooms. However, most are 18. If someone is underage they most often play under a parent's name. This is something I despise mainly because it is ammunition for those who want to ban online poker and gambling.

 

[necine]

I recently lost my online bankroll of $500 so i took a little break. I'm up a great deal but breaks are a healthy part of poker.

 

[imported_obsidian]

Originally posted by: necine
I recently lost my online bankroll of $500 so i took a little break. I'm up a great deal but breaks are a healthy part of poker.

I'm wondering, what limits are you guys playing with bankrolls? Assuming you are a winning player, a 300-500BB bankroll is really a minimum. Personally, I keep a 1000BB bankroll to better players at higher stakes the psychological advantage of having a large bankroll (losses don't hurt you mentally as much).

 

[ManyBeers]

Originally posted by: Cuda1447
Im not your typical gambler, before I started playing poker seriously I learned the intracacies of the game. I understand pot odds/implied odds etc. And I consider myself to be a very patient person. I play within my bankroll, and have done fairly well. Even after 'retiring' now Im up a couple hundred over the last few months. Not bad, but it could have been a lot better. My biggest problem was after taking a 'bad beat' (yes I know, its sort of a cliche) I would get all riled up and try to win it back fast, thus making real bad decisions. Overall I like my game, I think Im a pretty good player and Im pretty sure I could win more money if I continued playing. But right now Im going to let it go. I am going to uninstall all the poker clients from my computer and hang up the cards for awhile. Instead I will spend my free time doing things that will not offer me a monetary gain, such as rehabbing my knee, playing video games, reading a book, or doing handstands in the living room.


If I want to make money I will restrict myself to only real jobs where I cannot also lose money at the same time.

If your talking about online play then i agree wih you that the best thing to do is get out. I play online at Pokerstars freerolls but never real money. I use the freeroll tourneys for practice and, because it is fun to try and reach a final table (which i have done 3 times) when 6,000 or more players have entered.

 

[amoeba]

Originally posted by: Cuda1447

Originally posted by: amoeba

Originally posted by: Cuda1447

Originally posted by: KillyKillall

Originally posted by: Descartes
When you say "a few hundred", do you mean thousand or literally hundred? If hundred, how can you call that a retirement?

I agree. Although I understand there may be some situations the OP isn't including.

Best of luck in your retirement. Hell...down a few hundred isn't even retireable.

I didnt play high limit poker, Im only fricken 20 years old. Not something I could afford had I lost. Sorry I haven't made eleventy billion, have you?

age really doesn't have that much to do with it. there are many who are younger than you making 100k+ a year online. But there is never anything wrong with quitting while ahead as the games can only get tougher as time goes on. if you don't enjoy the game, its much better to have a regular job.

You obviously have no understanding of the game. Age most certainly does have something to do with it. I do not make 100k a year, therefore I do not have the capability of playing in limits high enough to net met millions a year. Also, there are not many who make hundreds of thousands a year online. I know this for a fact. Because technically, it is illegal to play online under the age of 21. Therefore anyone REALLY making bank, Im sure would have their age verified.

I have no understanding of the game? you have no idea who I am and you make this statement. this is not a good mentality to have as a poker player.

would you like to play headsup?

The individual I am talking about lives in Thailand but thats certainly not the onlyway to bypass age restrictions. I don't know what your definition of many is so I can't comment on this.

 

[amoeba]

Originally posted by: obsidian

Originally posted by: necine
I recently lost my online bankroll of $500 so i took a little break. I'm up a great deal but breaks are a healthy part of poker.

I'm wondering, what limits are you guys playing with bankrolls? Assuming you are a winning player, a 300-500BB bankroll is really a minimum. Personally, I keep a 1000BB bankroll to better players at higher stakes the psychological advantage of having a large bankroll (losses don't hurt you mentally as much).

I am primarily a no limit player. currently I keep a bankroll at my current game of roughly 40 buyins or 4000bbs.