Showing posts with label poker career. Show all posts
Showing posts with label poker career. Show all posts

Thursday, December 9, 2010

Freedom

Yes, it is true, I haven't posted in a while. The truth of the matter is that I have had nothing to say. I often wish the media would take that tact sometimes instead of filling the airwaves with crap.

Now I do have something to say, It has to do with our nationally cherished word - freedom. A word that seems simple enough to understand. The ability to do what we want seems to me to be as good a definition as any. As Americans (which is really a false way to refer to citizens of the United States. Aren't Venezuelans Americans as well?), we think that our country is the freest in the world - the freest that ever existed on earth. We have the right to think whatever we want. We have the right to do whatever we want (within the law). etc. It is a glorious concept and country we live in. Unfortunately, slowly and unceasingly our freedom has been eroded over time without us really noticing it. Freedom is disappearing in the United States of America.

Let me explain. As a young person, you are encouraged to select a profession that best suits your interests, needs and talents. But as a young person, you have very little information as to make the best selection. So lets say you select "exterminator." You learn how to exterminate by getting training which you get by borrowing money. Nobody is going to train you for free. You get a job. You climb the slow pay ladder to a reasonably comfortable position. You fall in love and get married. Have kids. Buy a house. Open a retirement account. Now you are saddled with a mortgage, debt to pay for the things all Americans must have - cars, furniture, vacations. Don't forget taxes. The biggest kicker of all is Health Care Insurance. Huge premiums are required to be paid every month. Pay up buddy, or die when you get sick. Now its all over. If it turns out that you hate being an exterminator - too bad for you. You can't go back a pay to train for another career. The debt and other fiscal responsibilities will crush you. Where is your freedom now, Mr. America? You can't pick up and go on that two month cross-country trip you always dreamed of - got to pay the mortgage. No time to write that novel - got to save to send the kiddies to college. No time for nothing. Just work. slave, work.

I know, in the past, I've cautioned anyone who has shown any interest in becoming a professional poker player. I'm changing my tune. Poker is one of the few professions that, if you become proficient, allows you to keep your freedom. You can play when and where you want to. If you have good year or month, you can easily take a year off and do something else. The biggest hurdle to even this last bastion of freedom is this insidious Health Care Insurance we all must pay for. I call it - the great enslaver. Its as much as a mortgage for most households. I would argue that other countries that don't have it are freer countries. Give me the Swedish system, the English system, hell I'll take the French system over ours any day. The people there are freer, they live longer (check that statistics), are healthier and are surely more happy than us.

Don't let the politicians pull the wool over your eyes. A single payer system for health care is the only way to go if you, like me, value real freedom.

Friday, January 9, 2009

Radio Radio

Lately I've been doing a number of radio interviews. They've been a lot of fun. Not only am I able to get word out about the book and its bestseller ranking in Greece, but I've been able to kind of take the pulse of the non-poker playing world as to what most interests them about poker. I also enjoy the bantering back and forth. The argumentative (and there haven't been many) interviewers will push back on my claims and force me to make a strong case. Being a former Business School Prof, I enjoy the challenge.

I'll come back to several of the topics I discussed in these interviews in later blogs, but for now I'll focus on the overall view of poker. One of the most common issue that comes up is whether poker is a good thing or a bad thing. Some people lump poker in with gambling and give the knee-jerk negative view. My response is that poker is essentially a form of entertainment for most players and a form of income for a select highly-skilled few. To say poker is just a bad thing is like saying that violence in movies is bad. Or nudity on the beach is wrong. But I do try to stay balanced. Poker has definitely been detrimental to some people. Some over confident, college-aged males come to mind. Utah's adventures in Las Vegas depict the nasty underside to choosing a poker livelihood too early. I've run into young guys I met in the poker room who three years later were begging for money on the streets of Las Vegas. Now that is the extreme case. But it should be taken as a cautionary example to the downside of jumping into a poker career before one is ready.

The other aspect of this is that even if you are mildly successful at first and say you stay in the black for five, or six or seven years, eventually you will hit a dry spell. That is the nature of the game or any game that involves probabilities. If your bankroll cannot handle it, you may go down the unpleasant route of borrowing to play. This can spiral out of control quickly and is not advised. Also, if you decide you want to return to your career training or education five to seven years later, you'll be behind in every sense of the word and you'll find yourself trying to justify those years to educators, to recruiters and to employers.

Now all that being said, Poker is a great game and to those who have carefully developed and nurtured their skills, it can make for a great livelihood. In the long run, poker is a game of pure skill. Gambling and luck are completely washed out once you've played a statistically significant number of hands. So you must be prepared. That is one reason why I'm creating a series of on-line poker courses which will help players develop poker skills in an easy-to-use course system with audio and actual examples of key types of hands and situations. I hope to have these courses up and running by the end of February. Check back regularly at PokerSlamU.com for updates. Whether you decide to take my courses or learn some other way, be sure you develop your skill level properly before venturing into a poker career or to higher level stakes. Your bankroll will thank you.

If you want to hear my recent interview on WBZ Boston, click here.