brabz 0 Posted July 4, 2006 Share Posted July 4, 2006 Raising a Family on PokerDid three different searches and didn't see it listed, so figured I'd post it. Pretty interesting article, and definitely shows how much strain playing professionally can put on a family, marriage, finances, etc. Link to post Share on other sites
chgocubs99 0 Posted July 4, 2006 Share Posted July 4, 2006 Interesting. Link to post Share on other sites
SweetDaddyFreak 0 Posted July 4, 2006 Share Posted July 4, 2006 The true grinder, good read Link to post Share on other sites
Chiefclint 0 Posted July 4, 2006 Share Posted July 4, 2006 A little bit of reality for everyone, glad it turned out ok. Link to post Share on other sites
Mercury69 3 Posted July 4, 2006 Share Posted July 4, 2006 Good article and perspective. Link to post Share on other sites
KappaKid83 0 Posted July 4, 2006 Share Posted July 4, 2006 Good read, definitely a must for all new TP/MMer's.JEFF Link to post Share on other sites
Tiltinagain 973 Posted July 4, 2006 Share Posted July 4, 2006 Very fun read, thanks for sharing. Link to post Share on other sites
No_Neck 0 Posted July 4, 2006 Share Posted July 4, 2006 I honestly think the thing that has kept me from TPMM is my personal finances, I think this touches on it a little. If you don't keep your personal finances in order you are doomed. Link to post Share on other sites
KappaKid83 0 Posted July 4, 2006 Share Posted July 4, 2006 I honestly think the thing that has kept me from TPMM is my personal finances, I think this touches on it a little. If you don't keep your personal finances in order you are doomed.+1 Link to post Share on other sites
aadams_22 3 Posted July 4, 2006 Share Posted July 4, 2006 very interesting Link to post Share on other sites
gobears 0 Posted July 4, 2006 Share Posted July 4, 2006 Thanks for the link OP - very interesting article especially written from the point of view of the wife.I'm glad he went on a good streak at the right time so that they could regroup..could have been ugly if he hadn't. Link to post Share on other sites
socalpoker_j 1 Posted July 4, 2006 Share Posted July 4, 2006 Great read. Link to post Share on other sites
koolromeo 0 Posted July 4, 2006 Share Posted July 4, 2006 i think we can all learn from cero's mistakes. he was living too large. to go through 65k is very irresponsible. if you find your bankroll increasing rapidly with no plateau in sight, you must discipline yourself when spending money. just because your making 5x what you used to, doesn't mean you should be spending 5x what you were. i read a lot of posts and blogs from the regulars on this forum, and i'm just amazed at how little money some of them have in their bankroll. they just can't manage their money, whether it be playing over their bankrolls, playing while drunk, or spending their bankroll. i realize that the majority of the people on this forum are under 25. many of the young aspiring pros can be reckless with their bankroll, because there isn't much consequence to losing it all. most don't have mortages or children to worry about. i firmly believe that a player that can control his money can control his poker career or hobby. this game can be very lucrative. a good player can earn much more playing 8 hours of poker than he usually can at a regular job. i believe that this forum is full of players that would illustrate this. unfortunately, until players can become masters of their money, they will never realize their true potential. Link to post Share on other sites
rob 0 Posted July 4, 2006 Share Posted July 4, 2006 I just laugh at all you idiots that think you can really make a living from doing this. Link to post Share on other sites
STYLINHAWYN 0 Posted July 4, 2006 Share Posted July 4, 2006 I just laugh at all you idiots that think you can really make a living from doing this.Is that you Chris Moneymaker?anyway, great read, was a good reality check for me Link to post Share on other sites
brabz 0 Posted July 4, 2006 Author Share Posted July 4, 2006 Was glad to see a lot of other posters on the site found it interesting and informative. Glad to make a useful post and topic. Hope everyone has a great 4th. Link to post Share on other sites
Abbaddabba 0 Posted July 4, 2006 Share Posted July 4, 2006 The guy sounds like he didnt have a clue what he was doing.He played live mid stakes poker and tournaments to support a family. That's reckless and retarded. And sorry, but going from a peak of $65,000 to nearly nothing while playing stakes (according to him) of 10/20 is NOT a downswing. Link to post Share on other sites
TheKingOfAces 0 Posted July 4, 2006 Share Posted July 4, 2006 The guy sounds like he didnt have a clue what he was doing.He played live mid stakes poker and tournaments to support a family. That's reckless and retarded. And sorry, but going from a peak of $65,000 to nearly nothing while playing stakes (according to him) of 10/20 is NOT a downswing.I'm pretty sure most of the money was lost from excessive spending. Also, I think he played online mostly. The article explained how making trips to the casino weren't very cost effective for Cero. Link to post Share on other sites
Abbaddabba 0 Posted July 4, 2006 Share Posted July 4, 2006 It's not entirely clear how much of either he plays... For Cero, trips to casinos are worth the cost only if he's able to stay for a couple of weeks. A plane ticket, car rental, and two weeks of food raise the stakes considerably, and there's no expense account to be had. So, he needs time at the tables to recoup travel and hotel costs, and then bring in some income. There are benefits, though: Some hotels offer a "poker rate" for players who log a certain number of hours in the casino, and all of the trip's costs can be written off on our taxes.But if he's taking flights to play 10/20 any more than once or twice a year (and staying for 2 weeks at a time), he's wasting his time and sacrificing the wellbeing of his family. Link to post Share on other sites
yergan 0 Posted July 5, 2006 Share Posted July 5, 2006 Nice read. CHeers. Link to post Share on other sites
mtdesmoines 3 Posted July 5, 2006 Share Posted July 5, 2006 I honestly think the thing that has kept me from TPMM is my personal finances, I think this touches on it a little. If you don't keep your personal finances in order you are doomed.Hmmm ... that's not just poker you're talking about there. Link to post Share on other sites
finztotheleft 0 Posted July 5, 2006 Share Posted July 5, 2006 Thanks for posting it Brabz....an interesting read. Cero's wife was much more mellow than I would have been ! Link to post Share on other sites
brabz 0 Posted July 7, 2006 Author Share Posted July 7, 2006 Thanks for posting it Brabz....an interesting read. Cero's wife was much more mellow than I would have been !I actually had thought along very similar lines as well. If I was married and my wife blew through that much money, I'd probably have an embolism on the spot, lol. Link to post Share on other sites
jaymantis 0 Posted July 7, 2006 Share Posted July 7, 2006 And what courage of her to share this with everyone. Excellent read. Link to post Share on other sites
dirtystacks 0 Posted July 7, 2006 Share Posted July 7, 2006 The guy sounds like he didnt have a clue what he was doing.He played live mid stakes poker and tournaments to support a family. That's reckless and retarded. And sorry, but going from a peak of $65,000 to nearly nothing while playing stakes (according to him) of 10/20 is NOT a downswing.The guy posts on twoplustwo as cero_z. He lost the money trying to move up to 75/150 and 10/25 NL. There's a thread on that board where he responds. Link to post Share on other sites
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