I want to lift the lid on just
what professional poker actually is in 2012 and to wipe away the crap and the
smokescreen that is created. The reason that I have included this topic in my
blog is very simple. During your poker life, you will be constantly bombarded
by pictures and stories about all things poker on TV, websites and magazines
and such. Some of it is good stuff and some of it is not so good.
Something can be bad in many different ways, it can be bad if it is misleading and someone is trying to learn from that piece of material. In fact MIS-LEADING is probably a better phrase for the image of the poker world seen through the eyes of the average person. Let me tell you a few home truths about tournament poker. There are not many players making it pay operating solely on their own and this is not my opinion but common knowledge within the industry.
What the successful professionals are doing that you hear about is cushioning their participation by other means. Many of them have big sponsorship deals from magazines and poker sites that actually pay for or heavily subsidise their tournament buy ins. Any player that plays on the big circuit needs at least $650,000 in buy ins alone every year, add to this the air fares and hotel expenses and everything else that goes with it and it is approaching a million dollars.
A player has to win close to a million dollars a year just to BREAK EVEN. If they have a bad year then they could very rapidly get into serious financial difficulty of which many actually have. A couple of years ago, a big name World Series of Poker bracelet winner had to pawn their bracelet in aLas
Vegas
Come and play poker with Carl at www.pokerstars.co.ukhttp://www.pokerstars.co.uk/poker/how-to-play/strategy/
Something can be bad in many different ways, it can be bad if it is misleading and someone is trying to learn from that piece of material. In fact MIS-LEADING is probably a better phrase for the image of the poker world seen through the eyes of the average person. Let me tell you a few home truths about tournament poker. There are not many players making it pay operating solely on their own and this is not my opinion but common knowledge within the industry.
What the successful professionals are doing that you hear about is cushioning their participation by other means. Many of them have big sponsorship deals from magazines and poker sites that actually pay for or heavily subsidise their tournament buy ins. Any player that plays on the big circuit needs at least $650,000 in buy ins alone every year, add to this the air fares and hotel expenses and everything else that goes with it and it is approaching a million dollars.
A player has to win close to a million dollars a year just to BREAK EVEN. If they have a bad year then they could very rapidly get into serious financial difficulty of which many actually have. A couple of years ago, a big name World Series of Poker bracelet winner had to pawn their bracelet in a
Come and play poker with Carl at www.pokerstars.co.ukhttp://www.pokerstars.co.uk/poker/how-to-play/strategy/
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