Cryptocurrency Q&A
Can you make a living playing cash game poker?
Can you make a living playing cash game poker?
Eleonora
Tue Jan 28 2025
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5
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I am wondering if it is possible to earn a living by playing cash game poker. I am curious to know if anyone has been able to sustain themselves financially through poker winnings.
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5 answers
CryptoGuru
Thu Jan 30 2025
The YouTube video titled "Can You Make a Living Playing Poker?" by Phil Galfond, uploaded on March 30, 2023, delves into the realities of pursuing poker as a profession. Galfond, a renowned poker player, shares his insights on the challenges and limitations of this unconventional career path.
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Valentino
Thu Jan 30 2025
He begins by emphasizing that poker, despite its appeal and potential earnings, is not a career he would recommend lightly to many individuals. The lifestyle and income associated with professional poker lack the stability and benefits typically found in traditional jobs.
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ZenHarmonious
Thu Jan 30 2025
One significant drawback is the absence of health insurance. Unlike most conventional careers, poker players do not receive employer-provided health coverage, leaving them responsible for their own medical expenses. This can be a considerable financial burden, especially in the face of unexpected health issues.
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charlotte_clark_doctor
Thu Jan 30 2025
Moreover, there is no retirement fund tied to poker earnings. Players must save and invest their own winnings to secure their future, which requires discipline and foresight. Without a structured retirement plan, many poker professionals face uncertainty about their financial security in later years.
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BlockchainBaroness
Wed Jan 29 2025
Another concern is the lack of resume-building opportunities. While poker skills may be impressive, they do not translate directly into other career fields. This can make transitioning to a new profession difficult for those who wish to leave the poker world behind.
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