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Leaving to Las Vegas

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Leaving to Las Vegas

Postby Cactus Jack » Sat Jan 28, 2006 7:31 am

I guess there is a lot of interest in going to (poker) Mecca, so I'll start this thread to try to gather information. I've not heard from anyone who lives there now. Bummer. But maybe we can pull something together about the pluses and minuses of pursuing the dream.

My research has shown that the cost of living is significantly lower than here in SW Florida, which is rapidly moving up the list of the most expensive places to live, if you're a working man, that is. Apartments here are getting close to an average of a grand for a one-bedroom, which is onerous if the going wage is around $10/hour. McDonald's costs the same everywhere, and gas here seems to be about ten cents a gallon higher than up north. If wages are even slightly higher in Vegas, then this is a positive move.

Apartments there are available for >$700/mo for a one-bedroom. This is from online info, which is normally higher than one can find on the scene. Home prices, from people I've talked to, may be considerably less than here. Not surprising as the price for a house has risen nearly 300% in the past five years and shows few signs of slowing.

I don't know about wages. It can't be worse.

As for playing pro, that's a goal, but not the biggie, in my mind. I'm going there because I can play for higher stakes than I can in Florida. As a "part-time" job, I'd be better off in Vegas--or any other place where they have REAL casinos. With a maximum $2 bet in Florida, a realistic expectation of more than $2/hr is certainly possible given the poor play, but who wants to play for those stakes? Even a $10/20 or $15/$30 game at 1/2BB per hour would be a positive move up.

I'm not going to have the bankroll I'd like to take, but my plan is to work my way up. One thing I've promised myself is I will, absolutely WILL, take 10% of any win and put it aside, for future investment outside poker. I'm solid on this. One needs to think of this as a sole-proprietor business which requires capital and long-term planning. Keeping 10% would help me keep an eye on the bottom line, require me to play solid poker, and give me some long-term security.

Only those of us who really understand what this is all about, who have a professional attitude which includes making a solid game and working toward improvement know that it's not as much of a risk as it appears. My apprenticeship must end at some point and I become a journeyman. My goal is to become a master, no different than a master plumber or carpenter. I have to go where the customers are and charge them, accordingly, while keeping the competition from eating into my profits.

I have no family anymore. No "rake" or debt. I have little left to take with me. The truth is I have nothing to lose and everything to gain. The greater risk is staying here, as there is absolutely no future where I am. Right time and right place. No one wants to be in the position I am in, soon to be homeless and knowing my earning time is coming to an end with the end of winter, but as Kris Kristofferson wrote and Janice sang, "freedom's just another word for nothing left to lose." I've got the freedom. Now, do I have the balls? :)

Thanks for the support, guys. Who knows, maybe I'll be successful and have a place where I can let my fellow BTP-ers crash when they come to challenge the Grande Dame of Poker, Vegas. (Expect Spartan accomodations and BYOB.)


CJ
"Are the players better as the stakes go up? It's not an exam; it's a buyin." Barry Tanenbaum
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Postby Felonius_Monk » Sat Jan 28, 2006 1:08 pm

The Monkman J[c]

"Informer, you no say daddy me snow me Ill go blame,
A licky boom boom down.
Detective mon said daddy me snow me stab someone down the lane,
A licky boom boom down." - Snow, 1993
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Postby AlexMR » Sat Jan 28, 2006 3:56 pm

Best wishes, CJ!!

I only have one concern: What is your bankroll?? I would say you need to be playing and beating at least NL$100 to be able to make a decent living in any city in the USA. That is thiniking of a steady 2000+/month income, which is not really much in USA.

I ask because I know u had been playing $50 NL and I think you are probably rushing things up.
[17:16] alitomr: http://micropenis.ws/forum/viewtopic.php?t=723
[17:19] mekosking: wow
[17:19] mekosking: i give that poof a week tops
[17:19] mekosking: before he snuffs it
[17:19] mekosking: I THINK THAT MAY BE NV
[17:20] mekosking: IN DISGUISE
[17:20] alitomr: LOLZ
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Postby kennyg » Sat Jan 28, 2006 4:04 pm

my goal was to move to vegas...now after being here for a week i don't hink i could do it. it's just too much.
"I'll take KennyGs advice before Sklanskys every time. "
-Iceman

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Poker Journal:
forum/viewtopic.php?p=14017#14017
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Postby Kuso » Sat Jan 28, 2006 11:20 pm

wwcrd?

"that basically sums up poker for me - 12" needle in the testicle." <nutkick> mvp
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Postby Xaston » Sat Jan 28, 2006 11:22 pm

Boy, you got me confused with a man who repeats himself.
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Postby AlexMR » Sat Jan 28, 2006 11:31 pm

[17:16] alitomr: http://micropenis.ws/forum/viewtopic.php?t=723
[17:19] mekosking: wow
[17:19] mekosking: i give that poof a week tops
[17:19] mekosking: before he snuffs it
[17:19] mekosking: I THINK THAT MAY BE NV
[17:20] mekosking: IN DISGUISE
[17:20] alitomr: LOLZ
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Postby Kuso » Sat Jan 28, 2006 11:36 pm

wwcrd?

"that basically sums up poker for me - 12" needle in the testicle." <nutkick> mvp
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Postby excession » Sun Jan 29, 2006 8:36 am

Uhmm....I just want to be at NL$1000 and make, lets say, 3PTBB/100 there. I dont think I miss Vegas If I could do that kind of money from my home or anywhere with a laptop and wireless broadband internet access.....

$1000 NL - LOL is that all?

3-4 tabling the $200 NL for 3PTBB/100 is about $45/hr including RB/bonus (3/100) (win rate) x4 (the BB) x 250 (hands/hr)= $30+ about $15for bonus/RB...

Grind for 30 hrs a week (not too onerous) 30x45 = $1350/week ($70200/yr)($5850/month)

If you figure that most normal jobs take you out of the house for at least 50 hrs/week or so, beating the $200 NL seems OK if you have no-one else to support.
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Postby AlexMR » Sun Jan 29, 2006 10:38 am

Andy,

You know what? Beating NL$50 at 11PTBB/100, my winrate before I moved up to $100, has been more than enough for me in the past 5 month. I have been able to make more than 1500/month in that time an d that is not playing a lot like I am doing now.

I am just thinking about a goal I set when I came out of High school: $120K/year before I turn 30. :shock: That is not easy here in DR. I dont know ANY guy of that age doing that kind of money here, except a couple friends who inherited 124718493483204302USD and even getting 6% a year of their money would give them more than 120K.

What can I say? I really like to buy expensive toys :lol: and have always set high goals so I dont feel awfully bad when I get to 1/2 of them. Anyway, I am still 3.5+ years away from 30 and I really think it s achieveable for me. Now Poker has made it evenn easier because I know I can add 2500/month without it being a full time job.

I want NL$1000 so bad that I really enjoy thinking and talking of it :P .

[/hijack]
[17:16] alitomr: http://micropenis.ws/forum/viewtopic.php?t=723
[17:19] mekosking: wow
[17:19] mekosking: i give that poof a week tops
[17:19] mekosking: before he snuffs it
[17:19] mekosking: I THINK THAT MAY BE NV
[17:20] mekosking: IN DISGUISE
[17:20] alitomr: LOLZ
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Postby droqqa » Sun Jan 29, 2006 1:30 pm

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Postby Rhound50 » Sun Jan 29, 2006 2:15 pm

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"From playing full tilt I wanna smash every garden gnome I see. That travelocity commercial puts me on instant tilt."
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Postby pnutbutr » Tue Jan 31, 2006 2:08 pm

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Postby briachek » Tue Jan 31, 2006 3:27 pm

Brian [Js][9s]
Anyone who gets in a fair fight, has no tactical skills.
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Postby Rhound50 » Tue Jan 31, 2006 3:55 pm

"Its a pink handbag not backpack damn it." Godlikeroy

"From playing full tilt I wanna smash every garden gnome I see. That travelocity commercial puts me on instant tilt."
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