If somebody offered me 100k then I would happily kick poker into touch.
I can't understand why anybody would say "no amount of money would make me quit". £100k would allow me and my family to live a comfortable mortgage free lifestyle, which is easily more important than any hobby.
I would say like 100k and use it for investments in houses and rent them out then youd be making a steady yearly income from your job and have your investments for the future.
I would say like 100k and use it for investments in houses and rent them out then youd be making a steady yearly income from your job and have your investments for the future. Posted by bearlyther
This thread turned out to be quite fascinating, with a divide between the serious guys, & the recreational players.
Mr Chiggy The Piggy wrote this.....
"Probably like £50k, poker is only getting less profitable anyway."
Which may well be fair comment, but I think it misses the point - & he's far from alone in his view - that a lot (the majority, by far) of Online poker players play for fun, & they know they have little hope of turning a profit. To them, it's a hobby, & hobbies cost money. Might be £5, £10 or £20 per week, but they are more than happy to spend that on something they very much enjoy. No different to going down the pub every night, or crown green bowling, or fishing or whatever. The facts - the % of poker players that make a profit - bear this out.
I actually know a good number of players who have a monthly Standing Order to deposit on poker sites. Typically, £20, £25, £30 or £50 per month. And when it's gone, often by, say, the 20th of the month, that's it, they stop playing until the 1st of the month when the next Standing Order goes in. And if they reach the month end & still have money on the site, that's all bonus. That is why traffic tapers off towards the end of the month (on this & every other site), & is boosted after "payday week".
Here's something to ponder, too.
I logged on at 6am this morning, & there was a £20 (TWENTY POUND) Freeroll running. It paid £5.59 to the winner, & the money went down to 13th place, who got £0.41. (Forty one PENCE).
And that 6am Freeroll, with £5.59 to the winner & 41p to 13th got 120 runners.
To many, that's laughable, but that's how poker works, people will log on at 6am to play a Freeroll that pays a fiver to the winner. It's not all about Team Serious, far from it.
In Response to Re: What is your price? : How much are houses where you live? Posted by Jac35
The same thought crossed my mind, but for a different reason.
When John Duthie won the Poker Million, he made that famous throwaway line when asked how he would spend that money. In typically laconic style, he said ...
"Oh I don't know, I'll probably buy a few houses".
The word "few" is key here, it says so much. Most of us spend our whole lives busting a gut to get the deposit on a house & pay the mortgage.
...and here's a little known fact about that famous Poker Million win by John Duthie, who was, later, to retire from being a TV Producer (Hollyoaks, Kavanagh etc) & set up the EPT.
It cost £6,000 to enter (sterling) which was a LOT of money in 2000.
It bore the name "Poker Million" as it guaranteed £1 million to the winner, unlike the Ladbroke reincarnation in later years which did no such thing.
So the top three Prize Money was......
WINNER - £1,000,000
2nd - £100,000
3rd - £50,000
Down in 9th place, Simon Trumper got £6,000 - his buy-in.
Imagine being Heads Up, with a millyball to first, & £100k to 2nd. Business, anyone? I'd bite their hand off. I think most would, though most would say not. Until it actually happened....
Anyone care to guess what the juice was on that £6,000 Buy-In? You'd be wrong. It was £30.
I'd guess a lot of the answers depend on how old you are.
If you're of a certain age, mortgage free, happy with your lot, then money is less important. That's my guess.
If you're a 20 something, married, kid or kid on the way, 'offered' enough cash to buy a house, then fire away, instant snap fold, bye bye poker. That should be a given I'd imagine.
I play low stakes, the money I've won (and busy trying to lose) is of absolutely no consequence. I can't get excited financially about winning or losing 10 or 20 pounds a night playing DYMs.
The question for me is similar to how much money to never listen to music ever again, what price on that? How much to never go to a restaurant ever again, never to go to the pub again?
In Response to Re: What is your price? : Depends what your looking for start from around 35k in the current economy. Bargain when you compare it with london Posted by bearlyther
Comments
This thread turned out to be quite fascinating, with a divide between the serious guys, & the recreational players.
Mr Chiggy The Piggy wrote this.....
"Probably like £50k, poker is only getting less profitable anyway."
Which may well be fair comment, but I think it misses the point - & he's far from alone in his view - that a lot (the majority, by far) of Online poker players play for fun, & they know they have little hope of turning a profit. To them, it's a hobby, & hobbies cost money. Might be £5, £10 or £20 per week, but they are more than happy to spend that on something they very much enjoy. No different to going down the pub every night, or crown green bowling, or fishing or whatever. The facts - the % of poker players that make a profit - bear this out.
I actually know a good number of players who have a monthly Standing Order to deposit on poker sites. Typically, £20, £25, £30 or £50 per month. And when it's gone, often by, say, the 20th of the month, that's it, they stop playing until the 1st of the month when the next Standing Order goes in. And if they reach the month end & still have money on the site, that's all bonus. That is why traffic tapers off towards the end of the month (on this & every other site), & is boosted after "payday week".
Here's something to ponder, too.
I logged on at 6am this morning, & there was a £20 (TWENTY POUND) Freeroll running. It paid £5.59 to the winner, & the money went down to 13th place, who got £0.41. (Forty one PENCE).
And that 6am Freeroll, with £5.59 to the winner & 41p to 13th got 120 runners.
To many, that's laughable, but that's how poker works, people will log on at 6am to play a Freeroll that pays a fiver to the winner. It's not all about Team Serious, far from it.
When John Duthie won the Poker Million, he made that famous throwaway line when asked how he would spend that money. In typically laconic style, he said ...
"Oh I don't know, I'll probably buy a few houses".
The word "few" is key here, it says so much. Most of us spend our whole lives busting a gut to get the deposit on a house & pay the mortgage.
Buy a few houses
...and here's a little known fact about that famous Poker Million win by John Duthie, who was, later, to retire from being a TV Producer (Hollyoaks, Kavanagh etc) & set up the EPT.
It cost £6,000 to enter (sterling) which was a LOT of money in 2000.
It bore the name "Poker Million" as it guaranteed £1 million to the winner, unlike the Ladbroke reincarnation in later years which did no such thing.
So the top three Prize Money was......
WINNER - £1,000,000
2nd - £100,000
3rd - £50,000
Down in 9th place, Simon Trumper got £6,000 - his buy-in.
Imagine being Heads Up, with a millyball to first, & £100k to 2nd. Business, anyone? I'd bite their hand off. I think most would, though most would say not. Until it actually happened....
Anyone care to guess what the juice was on that £6,000 Buy-In? You'd be wrong. It was £30.