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 Originally Posted by yorib
Trainer_jyms: I did divide your monthly daycare expenses by 4 to approximate a weekly basis. It's surprising (to me) how low your hourly wage needs to be to justify playing poker (or any other non-taxable home-based business).
I think that is the point I'm making. Is it not? I don't like to think that if I was to quit work right now, making 28+/hr, deducting all my going to work expenses, and figuring what I would need to break even. If you take into account
1) Time = 40 hrs. / week
2) Commute = 1.5 hrs. / week
3) Expenses = $150/gas, $80/ food and drink, $125 daycare
4) Vehicle maint. = unknown
Would it be that hard to make after tax income in the hours I work and commute now?? Maybe. I'm sure without knowing my game, no one could give a difinitive answer, but has anybody had a problem with playing full time poker (5+ /hrs. a day, 5 or 6 days a week) at a lower limit? Say 25NL or 50NL. And make for arguments sake, $800 a week ($20 / hr x 40 hrs. )playing 20 or 30 hours.
20 hrs / $25NL = 3200BB = 160 bb/hr
30 hrs / $25NL = 3200BB = 107 bb/hr
20 hrs / $50NL = 1600BB = 80 bb/hr
30 hrs / $50NL = 1600BB = 53 bb/ hr
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