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Thread: Reasonable Expectation of Income

  1. #1


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    Reasonable Expectation of Income

    How much do you think is a reasonable expectation to be making at the tables? I am assuming about a $10,000 bankroll and am wondering if I can make over $25/hour with Hi-Lo as this is what I am currently making at my job. I suppose I could also play on the weekends with a "replenishable bankroll" until my BR is high enough to make more consistently. Thanks for your input.

  2. #2


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    $25/hr seems reasonable. Depends on conditions

  3. #3


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    If you have a good benefits package (health, dental, vision etc.) that alone is worth $10 an hour.

  4. #4


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    400k ev on 200k bankroll

    600k ev on 400k bankroll


    if you work ur ass off, 1500 table time hours a year though. Not many can do it, enless you happen to be an addict. Then its easy breasy!!!!

  5. #5


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    Buy CXCV and it’ll tell you

  6. #6


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    Quote Originally Posted by smallcapgrowth View Post
    400k ev on 200k bankroll

    600k ev on 400k bankroll


    if you work ur ass off, 1500 table time hours a year though. Not many can do it, enless you happen to be an addict. Then its easy breasy!!!!
    I like this idea.... Gives me something to look forward to. Definitely need to account for health insurance ETC as mentioned in the previous post before I go too far though. I suppose the biggest allure to counting for me is the ability to have freedom in all aspects of my life, which wouldn't necessarily be the case if I was playing 1500 hours a year. Thank you everyone for your input!

  7. #7


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    Don’t fool yourself into quitting your job by early experiences in local casinos. It’s like deciding to quit a job and go make a living playing music cause so many bands/musicians are out there making beacoup money. More likely, You might end up playing boring music at weddings or bad bars, where no one is listening and you are getting paid $100 a night.

    Save me up for a vacation, go play full time for a month and see how you do.

  8. #8


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    Keep in mind if you are working for a company, at say $25/hr, you're earning ~$50,000 a year. The company probably pays a good amount of your health insurance, life insurance, disability, etc. Your "true value" is probably closer to say $70,000.

    More importantly, you are only paying a small portion of your taxable burden. Look at how much you will owe in state/federal taxes (and social security, etc) as a W2 employee at $50k a year compared to self-employment at $50k a year.

  9. #9


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    Quote Originally Posted by nighterfighter View Post
    Look at how much you will owe in state/federal taxes (and social security, etc) as a W2 employee at $50k a year compared to self-employment at $50k a year.
    I'm not a CPA so correct me if I'm wrong, but I believe the self-employment tax includes both halves of the Social security contribution, so there's no benefit or disadvantage to being self-employed (Sch C filer). If there were, every self-employed person would form an S corp or LLC and file that way, which isn't the case.

  10. #10


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    You are wrong. When you work for someone else like a company, they pay one half of the social security tax and you pay the other half which is deducted from your paycheck. If you are self employed you pay both halves which is a big 15.3%.
    Last edited by Midwest Player; 09-23-2019 at 07:34 PM.

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