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by htmltablesrules 5007 days ago
But how much money does a poker player burn through before he/she is "good enough" to play in big tournaments and win decent money? A couple hundred thousand? A couple million?

It's like when someone wants to trade stocks/derivatives. They may lose massive amounts of money before getting their sea-legs and that is a price that is far too high for most people (and their families) to endure without gaining anything tangible.

And I wouldn't think that "Professional Poker Player" is a title that would land a high paying job like a university degree might. If someone is spending all their time learning to be a pro poker player, it might back them into a corner where now that's all they're are capable of doing for the rest of their life whether they win or not.

Variable reward systems, like gambling, are damn hard addictions to break once conditioning has set in.

1 comments

Pursuing poker as a career is usually a poor decision for a variety of reasons, but the cost of learning is not one of them.

The overwhelming majority of poker hands are now played online, and the limits go as low as $0.01/$0.02 -- in today's poker landscape, the winning players tend to be those who initially invest a small amount of money and gradually climb the ladder with careful bankroll management.

The opportunity cost, on the other hand, can be very high. Many people waste a lot of time trying to become good at the game without experiencing any meaningful degree of success.