Archive for April, 2015

The Pros Are Jumping on Twitch: Get In On the Ground Floor

Thursday, April 30th, 2015

I recently wrote about a brand new poker streaming platform that is based on Twitch TV.

In that post, I predicted some pretty crazy results, and so far, they’ve not only been met, but exceeded.

Seriously, this is a chance to see exactly how a pro plays in real time without any holding back. It’s the best educational opportunity for a poker player that has existed online, and at least for now, it’s free.

Featured Streamer: Daniel Negreanu

Heard of Daniel Negreanu before?

The guy who’s been near the top of the player of the year leaderboard for over the last decade. He’s one of the few pros who have successfully transitioned from high stakes live games to high stakes online games. He’s not afraid to try something new.

Recently, he created his own stream on Twitch so that his fans could watch him as he plays on PokerStars. Not surprisingly, it quickly became one of the most popular streams, with 150,000 viewers and over 4,000 subscribers in his first week alone. Just a week later, he had over 200,000 viewers and more than 14,000 subscribers.

One of his sessions consisted of playing $400/$800 8-game. Even if you’re not familiar with that type of poker, the large wins and losses are still fascinating, and you get a little insight into how Daniel approaches the game. During this one session in particular, he won right about $50,000 – not too shabby.

Who Else is On Twitch?

New pros are hopping on every day, so Twitch is looking better and better every day. Right now, the most popular poker channel is Jason Somerville, who streams both omaha and no limit hold’em games. Somerville is a professional player who has also won a WSOP bracelet. He’s an amazing player and streams 7 days a week. He currently has over 95,000 subscribers.

One of the best things about Twitch right now is that you get to watch many professionals who aren’t big names. For example, Alex KP is a professional out of Denmark who focuses on Omaha. He has a solid 4,000 subscriber count and streams some really fascinating play.

Twitch is an awesome platform for both poker entertainment and education. Don’t be afraid to look beyond just the most popular streamers. Try to find players that you like and that play the games you like to play the most.

Life After Poker: What Jobs Can You Get?

Friday, April 10th, 2015

Many players decide to play professionally for awhile, but eventually decide to rejoin the traditional workforce for one of many reasons.

There’s no shame in this. Perhaps a big unexpected expense came up and put excess financial strain on your family, or you lost passion for the game over time, or maybe the games got worse or became illegal. Whatever the reason, know that while it will be difficult, and you may have limited options, you do have a future after poker.

There are 3 main paths that former professional poker players are typically drawn to.

1. Investment Banking and Trading

Many poker players find their way into the financial industry. There are many similarities between poker, financial transactions, and trading.

All of these professions require a strong analytical ability, being able to dissociate emotions with your decisions, and knowing how to read situations.

These professions are some of the few where a hiring manager won’t dismiss you based on being a poker player. You’ll get a few interviews just because it sounds interesting, but you’ll have your work cut out for yourself to get the job.

2. Go To School

Even if you’re older, going back to school is still an option. If you already have a bachelor’s degree, consider an advanced degree like an MBA.

A new degree will help make you more appealing to a potential employer. The best part is, you’ll have some down time so you can still play some poker and help pay for school.

Getting a degree gives you more options than the limited jobs that are highly related to poker.

3. Entrepreneurship

Poker players are a rare breed, and share a lot in common with entrepreneurs. It’s tough for many poker players to go back to a standard 9-to-5 job. You get used to the control, the freedom, and the constant challenge as a poker player. All of these benefits can apply to being an entrepreneur.

But there are many types of entrepreneurs out there, so you have a fair amount of flexibility. Most poker players are best suited to bootstrapping their own company, which gives them full control of all the aspects of the company.

Realize that this option isn’t right for everybody. Starting a new company can take months or years of work before you start seeing significant revenue. If you have no backing or savings, your options will be more limited and less feasible.

Should You Put Poker on Your Resume?

For most jobs, it’s better to leave poker off your resume. The average hiring manager thinks poker is gambling, and doesn’t understand the skills that a good player has developed.

If you are able to explain the gap with any other freelance work or education, that is a much better option. If not, you’ll have to hope you get an interview and have a good explanation of the skills that poker has taught you.

This post isn’t meant to be depressing, just realistic. It is hard to get a normal job after having an unconventional job. The longer you’ve been out of the workforce, the harder it will be. This doesn’t mean that it isn’t possible, just that you have to treat job hunting like poker and embrace the variance.