devonex

I quit a very good job as a Finance Director with a large pharmaceutical company to be able to take advantage of these benefits. I moved to “New Zealand for a couple of years and enjoyed a nice relaxing life. I am now back in the states and have the flexibility to live wherever I want. The great thing about Internet poker is that I can work around my social life rather than plan my social life around work. It is a good life.

As with any job, playing poker for a living is not all fun and juegos de poker. Playing 10 hours a week can be a lot of fun and be a great hobby; however, the fun and thrill of playing poker is not quite the same once you start playing 40 hours a week in front of a computer. I still have a passion for the game and enjoy playing most of the time, but this is definitely not something I will want to do for many years full-time. I am starting to look for other ways to add to my income (like writing this book and real estate); so that I can start reducing the hours of poker I play each week.

THE REAL BUSINESS

Let’s look at some of the practical downsides to playing poker for a living. Although it is great to have as many vacation days as you want, these vacations days are not paid! I always enjoyed four weeks of vacation before with my finance job, but it is quite different when you know that no income is coming in while you are away. If you do decide to play for a living, I recommend setting aside some vacation pay each month just like a regular job. This way you can feel like you are being paid and enjoy your vacation without worrying about money.

There are also some additional expenses for being self-employed. American residents must pay full FICA and Medicare payments, which is 15.3% of your salary up to certain limits, rather than the 7.65% you pay when working for a company. You must also pay for medical and dental insurance.

Remember also that gambling income is taxable in the United States just like regular income, even if you play part-time. If you are an American citizen and move overseas, you are able to deduct over $80,000 a year from your income since you are not residing in the States. This effectively eliminates most income tax, but you still must pay the FICA and Medicare taxes.

Obviously, poker has some inherent risks that are part of the job. You will have an unstable income each month, with the risk of actually losing money during a month. If you recall from the “Bankroll Management” chapter, it is possible to play many hours and still lose as an expert player. To play professionally, you need to be the type of person that can handle these fluctuations. Although they shouldn’t happen too frequently, they will occur, and believe me they are not much fun . How much can you earn playing poker en linea?

This all depends on the number of hours and tables you play in addition to the limit. You can also earn more in most short-handed games than you can in ring games. Of course, your hourly rate will depend on how good you are. When looking at hours, remember to account for lunch breaks and any other distractions that might occur during the day. Playing eight solid hours of poker a day can be quite tiring, especially when playing multiple tables.

Let’s look at some possible scenarios. If you can work seven hours a day playing $10-$20 and earn one big bet an hour, you would earn $700 a week. If you work 48 weeks a year, you will earn $33,600 at $10-$20. If you are able to play two tables half the time you are playing, you could increase this to $50,400, assuming you maintain the same earn rate per hour at both tables. You would earn $25,200 playing $5-$10 or over $100,000 playing $20-$40. You could earn more if you can manage a win rate even better than one big bet per hour.

Once you estimate a projected income, remember to deduct the additional expenses such as Social Security and medical insurance to arrive at a net income estimate. I earned over $100,000 my first twelve months playing full-time at limits of mostly $20-$40 and $15-$30. A six-figure income is possible, but be sure to account for the downsides of the jo b. How to start !?? Where to learn how to play poker and master winning strategies !!

The most interesting and important point , is to start right! to learn how to play poker , you can begin with Learning Texas Holdem poker from CardTricking.com , it’s the best and easiest variation of poker.

And , of course you can learn and master poker online without spending a dime , by using play money , that all poker rooms offer to play for free before playing with your hard earned money . check CardTricking.com , to learn , discuss , know the best poker rooms available at the moment if you are inside the US or outside and even watch tutorial videos. it’s highly recommend, and yes , it’s my first baby , my first website ;).

In the UK and America there are a multitude of ways to gamble. Exorbitant sums of money are involved with respective governments receiving substantial income in the form of taxes. Socially, gambling has been exposed to opposition morally and singled out legally as a corrupt trait in some societies. Never the less gambling continues to rise as a major form of relaxation and as a way either, legally or illegally, of making money.

As long as there have been human beings gambling, or games of chance as they are commonly known, has been in existence. It was around the mid thirteenth century that dice first came to prominence in Greece, although a similar form of entertainment was used by the Ancient Egyptians called “Knuckle bones.” Playing cards were first attributed to China in the ninth or tenth century. They were then taken up by Europeans in the fourteenth century, probably Italy, using a pack with 78 cards. It was a hundred years later before the standard pack of 52 cards became accepted as the norm. But as well as these games, betting on sport such as horse racing and dog and cock fighting enjoyed popular appeal. In all of us there is a the appeal of winning money for little or no effort but, there are still mixed feelings toward the various forms of gambling available today like sports scores.

Religion is prominent in many societies today. In some it is more dominant than politics and influences many of the decisions governments make. In fact many religions condemn gambling. Although Catholic countries were the first to start playing lotteries seriously. It is the fact that gambling can be attributed to greed and corruption and can be the downfall of many that fosters the beliefs of the anti-gambling faction. Gambling has also been linked to alcoholism with many games of chance taking place in public houses. The fact that drinking alcohol can also be associated with violence and lust does nothing to help the pro gambling lobby. The fact also that there are winners and losers with the winners gains offset by the loser’s losses (although the poker games I have played in this never works out!).

Here in the UK things are a bit more relaxed. Have a look at these figures:

8% of adults play bingo

11% of adults use licensed betting shops

62% of all households play the National lottery on a Saturday

33% play on a Wednesday

The above figures were taken from Social Trends 1998 so today those figures could be considerably more. John Wesley, the founder of the Methodist Church, had forthright views on gambling. He said “that a Christian should be a steward of money and not own it” and “money should not be gained through means which could harm one’s neighbour” i.e. pawnbroking or charging excessive interest on loans.

Not everybody connected with religion has taken such a stance. The soon to be Anglican Bishop of Exeter, Robert Mortimer, said in 1933 that not all forms of gambling were immoral. He actually did some research into the various forms and decided that some forms of gambling were a “legitimate indulgence” which no institution had the right to ban completely.

In 1948 an international congress of Anglican Bishops were concerned about the after effects of gambling on not just gamblers but their families as well. In fact, when Premium Bonds were first introduced in 1956, the Archbishop of Canterbury, Geoffrey Fisher, condemned them as private gain divorced from responsibility.” This was backed up by the then shadow Chancellor, Harold Wilson, as a”squalid raffle.”

Many governments now take a back seat when it comes to deciding issues on gambling, realising than prohibition would condemn the problem to underground activities, therefore losing revenue.

One more point in gambling’s favour. As early as 1569 it was used as a means of raising funds for public projects.

So there it is, not all forms of gambling are bad.In fact some are quite therapeutic. As long as indulgences are not taken to excess there is not much harm done. It is when gambling takes over one’s life that problems arise. The motto is “know your limits and stay safe”.