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Below is post MathProf made along time ago on BJ21 stating how much he made. I can't find the post where he said he was giving a $112,000 to charity.
#14 You Will Get Burned Out
The subject line above was the title of one of the slides that I gave in Vegas last month. I gave a number of reflections from my years of play, and this was #14 of 15. Here is what was on the slide:
If you are playing Black Chip levels,
It is an Addictive Life Style But ?
Get tried of
All the Travelling/Rejections/Fluctuations
Get Tired of all the Hassles with Aliases.
Tired of (Worrying About) Room Ejections Tired of Cage Heat.
Summer 2011 was one of my Happiest Times
Because I was not working !
In the outside world, young people usually accept entry level positions. These do not pay great, but they are looking at the opportunity for advancement. If you go into some other kind of business for yourself, you have to struggle for your first years, but you hope to build up equity. A business reputation, good will, a customer base, etc. In blackjack, you build negative equity. Places where you have been rejected, and where it is harder and harder to get in hours.
A a part time player, I made a little over quarter a million dollars. But I made all of it in 6 years: between 1/1/2002 until about 12/25/2007. The sum of the play in the other years was negative.
A better player than I was, and one who was willing to subject themselves to a lot more abuse than I was, could probably make 1 Million dollars. But it will involve LOTS of travel. Note this is 1 Million with no benefits; in fact, there are negative benefits in that you have to pick up the Employer share of Social Security and Medicare.
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