Transitioning to Professional Play

Transitioning to Professional Play

Hello all,

As the title states I am transitioning into playing professionally. I am 24 with no familial obligations. I currently have a 1.8million hand sample and am beating NL 200 on various sites for around 3.5bb/100, usually 6-9 tabling regular cash tables or 4 tabling fast fold variants. This is my accountability post, and I will be posting updates frequently.

I am currently employed and will stay employed while I begin to play higher volume, easing out of shifts as I transition. I am trying to approach this with as much caution as possible. My starting bankroll is 15k. After analyzing risk-reward and variance calculators I have decided that I will be moving down to NL100 until I reach 25k. I will then begin to re-enter NL200.

I've made what I believe to be realistic estimations of profitability based on win-rate, volume and rakeback. For these projections I've reduced my win-rate to 3bb/100 (even though I'm moving down and my more recent sample of hands have a fairly higher wr) to account for possible positive variance.

Profitability = Size of BB x ( [Volume x BB/100] + [ Volume x Average Rakeback Per Hand] )

So my projected income at NL100, 40 Hours a week, average of 7.5 tables and an average rakeback per hand at this stake of 2.55bb/100 is $1498.5 a week (810WR, 688.5 rakeback) not including cash leaderboards and other smaller rewards. I owe 15% of winnings to a backer until I have payed them $17,250.

I am unsure if this volume is sustainable, or if my win-rate is sustainable at this volume however I will try to keep up with it, taking breaks when needed and increasing volume if I feel it is possible to do. I originally speculated longer hours but after messaging some friends who play professionally with a detailed rundown of my plan they warned me that the numbers I had originally proposed may not be achievable.

I still plan to study 2 hours a day.

Let me know if you think my bankroll/volume estimates are too aggressive or conservative.

07 October 2024 at 06:06 AM
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Not sure what pool you play in, but your assumptions seem reasonable. 40 hours of poker as a part timer might be on the high side, but possible if you go hard on weekends.

Keeping the day job is smart, and id recommend doing that until your expected poker hourly exceeds what you could earn doing something else.

Good luck

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