Tl;dr
So anyway...my work schedule as of now is as follows
Monday Wednesday Thursday: Come in at 3:30-3:45, leave anywehre between 9:30 and 10:30 depending on business (we'll average this out to 10 oclock) 6.5 hrs/day
Tuesday: OFF
Friday: Come in 3:30-3:45, leave anywhere between 10:30 and 11:30 (occassionally later if there is a late night party, but it happens a small enough % of the time to ignore for simplicity). Averaging tha to 11 oclock, 7.5 hrs.
Saturday: If there is no afternoon party Come in 3:30-3:45, leave 10:30 - 11:30. If there is an afternoon party Come in 11:30-12:00 and leave 10:30-11:30. Its hard to say how often a Sat afternoon party occurs, as we can have 5 straight weeks of them and 8 straight weeks of none. I may also leave later if there is a late night party. Hours with out a party: 7.5 . With: 11.5
Sunday: No party come in 12:30, yes party 11:30-12:00. We'll just average that out to 12:00. Leave 9:00-10:00 (average 9:30) 9 hours
Total Hours: 46.5 - 50.5 (Sat party or not)
Compensation:
Im going to be discussing Take Home compensation (i.e after taxes)
Base Salary After Taxes: $600
Extras: Between Parties, and general help during the week I make an extra $100-$900. If I had to average it out Id say an extra $300 per week is standard. The upside is this is cash. So I generally bring home 700-1500, generally closer ot the 900-1000 range
This turns out to be roughly $50,000 take home (after taxes), so roughly $70,000 pre tax (keep in mind I live in NY and this isnt shit considering to buy a tiny 2 bedroom co-op cost 200k and a normal 1 floor house with a basement cost 700k+)
If I broke this down into an hour rate it be something close to $20/hr net (something like $28/hr pre tax)
Compare this to the dealers in the live games that make $300-$1000 a night and I wanna puke but....
So could I make better exclusively playing cards? I havent figured out hours at the table but I do have a log of live sessions (115 thus far) which will by the years end wind up being close to 3 sessions a week. IF I increased that to 5 sessions a week what would the result be?
Interestingly my 2 biggest winning months of the year (this month and last month) I have logged the 3rd fewest and fewest number of sessions for the month.
My only losing month this year (March) was a average # of sessions month, but my two months with the most sessions (Feb and July) have been my 4th and 2nd worst months respectively
In fact when I have logged 10 or fewer sessions for the month (which I have 5 out of the 10 months so far) I have netted 5.5x the amount of money that I have netted in the 5 months that I have logged 10 or more sessions (this is all live play BTW)... so Im not 100% sure if playing more will result in winning more (although I dont see why it shouldnt if Im an overall winner)
Im just rambling at this point....
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"Most of the money you'll win at poker comes not from the brilliance of your own play, but from the ineptitude of your opponents."
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