Zankas poker-journal

Where are you and where are you going?
Zanka
Posts: 141
Joined: Tue Aug 01, 2017 2:33 am

Re: Zankas poker-journal

Post by Zanka »

@disk_poet Yeah I try to do that too. It is kinda weird to not see tha sun much at all for long periods of time. This time, dating seems to be very smooth, not much fear or games, just a lot of fun. So nice to meet someone that has kids already and that knows what it is about to be a parent. It just makes things easier. Philosophy is interesting indeed, when I started reading some of the biggest philosophers I realized I was not crazy (at least not the only one that were crazy) to be thinking about life in a logical and deep way.

I live in a smallish town that has a history of relying on only big industries and I believe that has taken its toll on the mentality here. People are mostly turned of and does not want to explore the world that much (internaly or externaly). I usually feel like I am trapped in this world where many are lost and have given up on their own dreams. It scares me like nothing to think about getting old without having seen the world or gone after my dreams.

Anyways. Managed to crash the car (very mildly) but it will get expensive to fix it unfortunately. Like 600$. So stupid of me, 100% my fault, didnt pay attention. No one got hurt at least so there is that.

/ Z

Zanka
Posts: 141
Joined: Tue Aug 01, 2017 2:33 am

Re: Zankas poker-journal

Post by Zanka »

Halfway trough December.

I am keeping my 1k hands/ day average without any problem. 30k hands feels like a decent goal to have as an average right now. It takes a little to much energy to juggle work, poker, kids and dog but I believe I can keep going until summer when I stop working.

So I have played about 15k hands right now, have taken some shots at 100$ buyin games and it has been a lot of swings. Currently I am up about 400$ for the month and it probably will be a month with a little less winnings than the last couple of months. But I feel like I am getting more comfortable playing higher and I am in no need of short term results.

Other than that, work has been ok last weeks, dating is still going very well. It is nice to meet someone that is a lot different than me personality wise, but that at the same time want to live life in a similar way.

/Z

Zanka
Posts: 141
Joined: Tue Aug 01, 2017 2:33 am

Re: Zankas poker-journal

Post by Zanka »

Update for december and 2020.

December ended very well, Poker brought in 1.4k after rushing up 1k over 2-3h of play in the end of the month. I feel like I am hitting a cap on my earnings at somewhere between 1.5-2k/m as my life is set up now (I earn 1.5kish from my dayjob also) and that is a little bit frustrating. I think this is bc I am using a little to much energy month to month and I have to solve this somehow. The best thing to do is to start working out and trying to further iprove my sleep. And also to stop listening to as many podcasts as I do now. I have gone trough this kind of thing many times before and I know that once spring kicks in I will have a ton more energy, but the darker months are a lot harder.

Month has been great overall, I have been a bit sick (no covid) so had to cancel new years and part of christmas but it was fine anyway. Dating is moving along fine and I am happy with how things are right now.

During 2020 I have learned so much about myself. I have improved my life a lot, and looking back at the last 4-5 years I realize more and more how bad it actually was. I ended a relationship that was not good for me, I put my foot down to my parents, I improved my financial situation, I got back into poker. And I started to dream again.

From 2017-2019 I averaged probably around 4-500/month from poker and in 2020 I have improved that to 980/month. Since September it has been 1700. My hourly have gone up from 15/h to 28/h. Most importantly I have so much more confidence in my game now, and a very healthy poker-bankroll to play with (4k).

Savings have been a bit slow, one part has been that I have spent exactly zero on my home and kids during the last 3-4 years and I have finaly been able to give them some small things and experiences. Also things have been falling apart in my appartment, I had no bed, dishwasher broke (unfixable), crashed the car (recently). The other part is that I have been slipping. I belive that since I havent had any money for 3-4 years and now have a little space outside the kinda lean budget I set up for myself I have just enjoyed to buy a few things for myself. And I have been spending a lot more on food that necessary.


---------------------
For 2021 I will have some goals:

I will try to become a professional pokerplayer.
This goal leads to a few goals that goes along with it.
Many has a picture of pokerplayers as lazy, untrained- degenerates, but becoming a professional pokerplayer actually requires a lot more physicaly than most people first realize. I guess one can compare it to playing chess where you can see Magnus Carlsen taking his physical condition very seriously. So when I say I want to become a professional pokerplayer I mean Professional. I will eat healthy, I will work out, stretch, go to the sauna and sleep like a professional. This will be a challenge for me, but I will try to document it here.


I will try to love everyone and tell the truth.
This is one of Ram Dass most famous quotes that his guru told him.

I will try to get to my 17k by april (I will probably not get there due to me buying a car 4k)

I will try to get to 35k by the end of 2021.

I want to learn sailing.

I want to leave the country at least one time.



--------------------

Lastly I want to thanks to everyone who is reading (and posting in) this journal, it gives me motivation and a little bit of much needed structure. I hope you all are well and that you will have a great 2021.

Lets go!

/Z

Zanka
Posts: 141
Joined: Tue Aug 01, 2017 2:33 am

Re: Zankas poker-journal

Post by Zanka »

I have some thoughts abouthow I should approach the future. I have a very stable day-job that pays around 11$/h after tax when I work mostly weekends. The job is very safe, I basically cant get fired unless I screw up big time or if the world crashes completely. With the income I have I can take out a mortgage of almost nothing, like 70-100k.
Now, my plan has been to work untill summer, take out my parental leave during june-august and then study philosophy and at the same time focus on poker. This approach would have some pros and cons:
Pros:
- I can keep my employment and return if need be (if I wanted a mortgage for example).
- I can take out a very benefitial study-loan that would cover my basic needs.

Cons:
- I have found out I need to study full time so poker (or school) will be suffering.
- I would be working hard

The thing is that my main reason to take this approach is that it would enable me to focus on playing a ton poker for a period of 1-3 years with an (conservatively estimated) hourly of 30$, while at the same time studying something I find interesting. Finding out that I will have to study full time will make this a lot tougher and if I were to lie to my job and only study 50% it might cause some problems.

Now I am starting contemplate the option of just going for poker only. This has also some pros and cons:
Pros:
- I can focus only on poker.
- I will be free to schedule and make up my life however I like.
- I will make a fair bit more money.
- I will have a lot more time to take care of myself and my family.

Cons:
- I cant take out a mortgage.
- It is harder to rent without an income, (this could maybe be solved with brother stepping in).
- I cant just return to work if poker somehow doesnt work out (for new readers, I have lived of of poker for a long time before so I know what it takes).
- It looks worse to not have a "real" job on paper.
- It is not as safe.

If I were to just go for poker I still will be able to keep working the odd shift here and there at my day-job if I want to, and I would also save school for later. Poker might only be availiable for the next 1-5y while the opportunity to study will remain. I would like to make sure I could focus 100% on poker while playing poker and focusing 100% on school while i study. That sort of makes sense for me.

The third option is to stay at my current job for the forseable future and just slowly give up poker since it takes to much to keep both up at a reasonable level. Unfortunately this option is very safe, but it is also a great way of making sure I will be depressed.

On the financial side of it I feel more and more comfortable with my current situation, I will have 1y of fu money very soon and I will try and get my budget down a little bit more. My poker bankroll is super-safe with a very low risk of ruin.

Anyways, if anyone has any input I would gladly hear it.

Oh, and for the record, I really like playing poker, it is incredible hard and challenging, sometimes it makes you go a bit mad. But for me it is a very attractive job on the whole, I guess that should be taken into account in this.

/Z

ertyu
Posts: 1506
Joined: Sun Nov 13, 2016 2:31 am

Re: Zankas poker-journal

Post by ertyu »

studying philosophy is more time-consuming than one thinks. it's usually a lot of reading and requires one to write long essays. STEM people often view humanities degrees as less rigorous, as joke degrees. They're not. Being in school isn't a bad plan but consider what you really want to be in school for. Here is what I don't mean with the above: I don't mean that philosophy is a useless degree. Personal enrichment is a perfectly good reason for undertaking a degree one wants to undertake. I also don't mean that you shouldn't do it. I'm only trying to caution you against underestimating the time and commitment it requires when you make your decision. In and of itself, time and commitments aren't reasons against: in your degree program, you are likely to meet many awesome people, have many interesting discussions, and open many venues for serendipity.

Reading what you wrote, it seems to me what you really want is to play full time. It's a valid choice. I hope you find a way to make it work.

Zanka
Posts: 141
Joined: Tue Aug 01, 2017 2:33 am

Re: Zankas poker-journal

Post by Zanka »

@ertyu Yeah pretty spot on. I am leaning more and more into just going for poker full time and potentially going to school in 1-3y.

I have been going over my budget and doing some rough estimates of what my poker income would be. I have to take into concideration that I need to pay for sickdays and vacations by myself and looking over how much I would play on average. My current numbers are as following:

Hours/month: 65
Hands/hour: 420
BB/100hands: 18
$/hour: 27
$/month: 1750

I have mostly been playing a range of stakes with buyins from 20$ up to 100$ and both my winrate and my hourly today is probably marginally better than the 27$/h I have since September. If I keep working on my game and putting in the hours on top of my day-job I hope I can at least stay at these numbers during this spring. When I go fulltime (June) I will probably not go bananas during the summer but at least play the same amount that I do today (ie making 1750/m or so). Then from the second half of August I would start focusing on getting my Hours/month up to at least 130. The thing is this; If I put in twice as many hours I will improve a lot faster than now since I will be much more focused on just one task. Also I can schedule most of my life around poker rather than the opposite.
When I calculate I try to be conservative in my estimations but if I am able to keep my current hourly I will in all likelyhood end up increasing it by 10-25% pretty fast from when I up my efforts + can play at peak times. My thoughts is that will probably be able to make 4k/m more or less from the start and hopefully I can keep my average monthly income above that even after taking vacations and sickdays into account.

/ Z

frihet
Posts: 202
Joined: Thu Jun 06, 2013 10:33 pm
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Re: Zankas poker-journal

Post by frihet »

Hi Zanka, as a former minor online poker player, during the boom in the 2000s,I enjoy to read your journal. Amazing that it’s still possible to make money. I was mostly bonus-whoring myself not really that good.

And speaking of being good I think that’s one consideration to take into account regarding studying. How easy would it be for you? Only you know? I have a friend who uses studies of all kind of obscure courses as a way to take time of from work now and again. She is a true academic though who loves reading and writing papers and it comes easy for her. When I’ve been thinking about using the “free” study grant/loan I have so far ruled it out. I know it would be a lot more effort for me and not as enjoyable/easy as for my friend.

I do keep it as a plan B though to join some kind of trade school in the future. As a back door into a new occupation if needed/wanted. I have done this before in my life when I got into the oil rigs and actually found this type of education enjoyable and a very good way to get into a new field.

Just a few thoughts. Keep crushing those games!

Zanka
Posts: 141
Joined: Tue Aug 01, 2017 2:33 am

Re: Zankas poker-journal

Post by Zanka »

@frihet Thanks for the reply! :) Thats great, then you know a little bit of what I do then, not many can relate:) Yeah it was a different game 10+years ago. It is as it is in most sports I guess, with more statistics available it is much easier to study parts of the game to improve a lot. Those who came up back in the days (I was sort of in between "then" and "now") has to adapt or they will be losing players. To be successful now one need to be a lot more proffessional and dedication a lot more time to study, being healthy etc.
Ever since I started playing I hear a lot of players saying that the games are becoming too tough and that it is impossible to win. But the truth is the same as it always is, those who adapt and work the hardest will always find ways to be successfull (as long as the games are available and it is resonable rules etc of course).

Yeah I can study pretty easily if I am interested in the subject, if I am not, I cant be bothered at all. It has to be fun (on some level) or I just feel like I am wasting my time. My plan is getting more and more clear that I will play poker for 1-3 years and then go into school and focus 100% on that instead of splitting my attention between different things. Having kids and a dog is more than enough of a challenge to fit with one thing at a time i think.

Today we had a meeting at work and I just wanted to leave on the spot, the job is not so bad but I just cant take it anymore. Dysfunctional relationships between a bunch of different coworkers and when I am in the position I am (on the bottom of the hierarchy) I just cant say anything to sort things out. Well I could say something I guess, but it would not come anything good out of it. So I am starting my countdown for real now, and I am going to talk to my boss tomorrow.

I am going to stay untill the end of May and by then I will have earned+ saved some paid vacation that will make up for one month of work more or less. Also I will have the entire summer in front of me, that will be great.

And dating goes great, yey.

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