Bad Beats in Poker

[KrazyHorse]

I'm up 500 now. Had a good run so far today (100 in 2 hrs). Am taking a break right now because I feel like I'm going to flop a set every hand. I've snuck in on the big blind, flopped a pair to match one of my two hole cards and then filled up on the turn or the river 3 times in two hours.

I feel like Midas.

[KrazyHorse]

Am playing the 0.5-1$ tables btw. The players are slightly better but they also don't get scared off as easily when I hit a monster hand and bet hard at them. I can also occasionally bluff them, unlike the guys at the .25-.5 tables

[MRT144]

i like the 3-6 tables only because ive had most my success there

[KrazyHorse]

That's crazy money. Too scared to try 'em.

Will stick to what earns me cash steadily.

[Ben Kenobi]

you only got 400 for 20 hours?

that isn't very good

Indeed.

Why not do a real job if you are going to work that hard.

[KrazyHorse]

a) 20$US an hour tax free isn't good money? How much are you making after taxes at your new job, Ben?

b) Working hard? I'd just be playing Doom III if I wasn't doing this. It's just as fun and earns me cash.

c) Can't work here by law (other than my real job)

[Ben Kenobi]

a) 20$US an hour tax free isn't good money? How much are you making after taxes at your new job, Ben?

After Taxes?

I have a rather large barrier to reach before I start paying taxes, due to the fact that I'm still a student, and I get to claim several deductions that other people would not.

I'm not making as much as you are at this point, but the difference is surprisingly little.

Once I make 12K, I'll prolly have to start paying taxes, and then, I'll just start dumping it into my RRSPs, or give it away.

Better than giving it to the government.

[KrazyHorse]

I have never made 27$CAN per hour after taxes in my life, BTW. On a 40 hour work week that would be ~54000$CAN per annum after taxes. On a real job you'd have to make at least 85k to pull that much in after the taxman got done with you....

[MRT144]

the best part is, its tax free.

[KrazyHorse]

Maybe I should quit grad school.



j/k

[KrazyHorse]

Ha ha. I just realised that when you include taxes and the exchange rate I'm making more at this than my girlfriend does being a medical physicist.

[MRT144]

the only real downside is the potential for loss which if youre really good isnt that big of an issue. on the other hand I have lost quite a bit of money playing because im not really that good at poker. I love the game, do very well in home games but online its another matter.

[KrazyHorse]

I'm not really really good. I am, however, probably faster at doing probabilities in my head than even really good poker players. I also have some insight into how stupid peoples' minds work.

A really good player would take me to the cleaners without breaking a sweat, though.

[Guynemer]

Originally posted by KrazyHorse
Ha ha. I just realised that when you include taxes and the exchange rate I'm making more at this than my girlfriend does being a medical physicist.

****, man.

I'm an M.D., and I only make about $9/hour after taxes if I'm lucky.

[KrazyHorse]

If you say that I work a 40 hour week then I'm working for 8$ an hour after taxes.