Poker Side Income

"Playing live poker as a side income source, buying in for $500 and making $100-200 per 8-hour session, though the creator stopped due to poor hourly rate."
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Maker: firefax
$100-200 per 8-hour session (variable; creator stopped playing due to opportunity cost)

Growth Levers

  • Move to higher-stakes tables where hourly rate improves if skill level supports it
  • Study poker strategy more systematically to improve win rate per session
  • Consider online poker for time efficiency (faster hands, no travel time)
  • Track results meticulously to identify profitable game types and conditions

First Customer Strategy

Not applicable -- this is not a product or service but live poker played at casinos or card rooms. The creator recognized the poor hourly rate ($12.50-25/hr) and chose to redirect that time to studying or working a job with health benefits.

Pricing Insight

The $500 buy-in with $100-200 return per 8-hour session yields a 20-40% return per session but translates to only $12.50-25/hr, which the creator found insufficient compared to employment with health benefits.

Key Takeaways

  • • Hourly rate matters more than gross revenue when evaluating side income opportunities
  • • Opportunity cost analysis (comparing poker income to employment with benefits) is essential for decision-making
  • • Not every $500/mo income stream is worth pursuing -- time, stress, and benefits must be factored in
  • • The creator's self-awareness in quitting poker for better alternatives demonstrates sound financial reasoning

Sentiment Analysis

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