Why did a professional player who was able to make a living just from poker quit?
Casinos and online casinos are popular in India, and there are many professional poker players who make a living by playing poker and earning money from their winnings. A man who made a living playing poker from 2018 to 2021 explains why he left a successful poker career to work for a corporate job.
Farewell to the felt | Quitting the full-time Poker scene - Team-BHP
On the forum of Team-BHP, an Indian website that mainly provides reviews and news about cars, a user called ``crazy_coyote166'' (hereinafter referred to as Coyote) posted about how he quit being a professional poker player, and it has become a hot topic. Mr. Coyote has been earning money by playing poker at casinos since 2018, and in 2020 he resigned from the e-commerce company where he was a product manager to be able to make a living solely from poker. However, after just one year, he quit poker and returned to work in his old industry.
First, Coyote gives two reasons why he chose to quit his old job and focus on poker. First, I felt that the lifestyle of deciding my own schedule and participating in an online casino that I could access from anywhere and in a comfortable environment at any time seemed ideal. The second reason was financially, because of all the jobs in India, a successful career as a professional poker player was one of the best, and it paid far more than most jobs available to young people in their 20s. that's right.
However, when he actually started working full-time in poker, he realized that the two ideals he had imagined were completely wrong. First of all, as a poker player, the most basic points are the number of times, time, and frequency of playing. As a result, Mr. Coyote says that he was far from a free lifestyle, and continued to spend 12 to 16 hours a day sitting in front of a screen and clicking buttons.
Furthermore, poker as a game has completely lost its meaning, and it seems that he has fallen into a state where ``I feel little joy when I win, but I feel very hurt when I lose.'' Even if you win big one day, you could even lose 10 times the amount within the week, and it's quite possible to end up in the negative for the entire year. Just playing poker won't cut it, you need to be in top shape both mentally and physically, so Coyote offers three mental coaching sessions a week, as well as up to 20 hours of theoretical coaching and manual training. I was conducting research, etc. As a result, the schedule is much busier than that of a typical day job, and as a result, even if the hourly wage is high, it's not worth it when you consider the amount of effort involved.
Also, Coyote points out that although this will still result in ``10 times the daily wage of a day job'' and ``a monthly income that is significantly higher than the salary of the job before resigning,'' there are some caveats. As your ability as a player improves and you become able to earn a large amount of money, you will reach a peak where your earnings and skills will 'plateau'. In order to jump up from there, it is necessary to compete with a very limited number of excellent players, and the highest level in the world is required. On the other hand, if you work as an engineer, even if you do not expect a sudden increase in your earnings, your salary will gradually increase over time, and you will be able to receive a fair salary that is not biased towards some people. Masu.
In addition, Coyote cites some psychological factors as the biggest reason he returned from being a poker player to a corporate job. Poker is a very solitary game, where you are solely responsible for your own results, but the insight, inspiration, and collaboration you get from working with smart people in a company is priceless. Coyote says it's worth it. Mr. Coyote also says that there is great joy in building something concrete, rather than living a life where the only thing you can get from life is increasing numbers in your bank account at the end of the day.
Additionally, it is a commonly recognized problem in poker and investing communities that gambling your money every day can mess with your basal levels of dopamine, a neurotransmitter associated with pleasure. and their mental health deteriorates. As a result, Coyote points out, they can no longer get excited about the things they used to enjoy.
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