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An interesting debate sparked on poker X recently over what poker players should do if they go broke â get a job or play cards for a living?
The latest edition of The MuckThen, at the end, we ask you for your thoughts. Let’s start with the original cause of the controversy.
What if you’re broke and want to play poker?
Kevin MartinA reality TV pro turned poker player responded to the Tweet and brought poker in the discussion. K-Mart, who tried to build a bankroll last month from zero to something substantial, is one person that knows the challenges of doing so. The wildest poker bankroll challenge we’ve seen.
Absolute garbage advice If youâre truly broke you should avoid crypto, poker or any volatile industry. Find a job that you can rely on and start your life back on track. They will always be available in the near future. Donât mess around with your precious rent + food money. Martin said, “Wait till you get disposable income.”
Martin’s goal was to go from $0 up to $5,000. He decided not play online poker after livestreaming the entire experience, which included his life. 500 hours consecutively. It is clear that he learned the hard way how to survive on a minimum income.
Matt BerkeyHowever, he presented a completely different perspective. He says that the benefits of playing poker as a profession are worth it.
Some people sided with Martin and others sided with Berkey when it came to the controversial topic of poker.
“Fearing homelessness and fearing being broke are two completely different things,” @GamerTex said.
On X, several people raised the issue of homelessness in case the poker gig didn’t work out as planned. Poker is not like a normal job where you get a guaranteed paycheck every week or month. How can you make it through a bad stretch if your bankroll is limited and you don’t want to spend all of it on buy-ins? Some people may end up in their car or even worse.
Berkey emphasized that, if a poker player does not have a degree from college or any experience, an entry-level position may provide little more than a minimal paycheck. Another X member suggested working a job and playing poker.
Bobby Harr’s (@BobbyHReports), tweeted, “Even when I played for small stakes poker paid off my bills several times. It got me through financial difficulties until the next pay period.”
It is a good idea to get a deal job. Itâs one of the best paying entry level jobs without needing a degree,” Caleb Shumard (@ElGueroChulo7) argues.
According to one X user, who seems to be siding with Berkey: “The 9-5 is the first reason that you’re in debt.” But despite the hyperbole, there are thousands of people who work 9-5 jobs and seem to agree with this sentiment.
It was incredible how many people were playing poker and losing their rent. Not to mention those begging to borrow because theyâd already lost that. You could also be the person who has robbed gas stations because they lost something he borrowed. Or the person who has robbed his workplace. Orâ¦,” David Bloomberg (@DavidBloomberg) tweeted.
“I understand but I also know how many people end up bankrupt by chasing an asymmetrical gain. Your risk of ruin and the ability to control negative externalities is high. Establishing a stable bankroll and then going after said upsides is nearly always better,” @forthefans97 responded in response Berkey.
Andreas Froehli of Switzerland, who is a professional poker player, said: “You do not have to spend a lot before you take some risks. But rent + food will be non-negotiable for those without family support.”
Poker X has made many good points from both sides. Please vote on the poll below to let us know what you think.
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