Oct 18, 2017 Long hours, late nights, and a lot of time spent on the road or lots of hours in front of a computer screen are definitely necessary if you’re hoping to make a living as a tournament poker player. Unless you have a massive bankroll and are one of the 20 or 30 best players in the world, you aren’t going to make a living playing five tournaments a month. Jun 30, 2017 Making a Living Playing Poker. https://sharestree.amebaownd.com/posts/15479414. The problem with a lot of these articles and interviews, though entertaining, is that they often neglect to give you precise details and raw insight into the who, what, when, where, and how of being a professional poker player.

by Steve Bourie Learn more about the author read more »

Anyone who’s played video poker for any length of time has probably heard stories of professional players who can consistently beat the casinos. But, is it really true? Are there actually players out there who can do that? Well, yes there are and I was fortunate enough to track down one professional video poker player who agreed to an interview to give me some insight into his lifestyle and how it came about.

My inital meeting with Johnny Chung (not his real name) was at a restaurant in a 'locals' casino in Las Vegas in November 1998. I ran some general video poker questions past him and it was quickly obvious that he was an extremely knowledgeable player. He lives not far from Las Vegas with his wife and two daughters and relies solely on his gambling winnings to make his living.

Keep in mind that I didn’t ask to see his bank accounts to verify his income but I did check with other knowledgeable players and I am very confident that his story is true. Two months after our first meeting I conducted the following interview by telephone from my home in Florida.

How did you originally get involved in gambling?

Chung: The first time I came to Las Vegas was to play blackjack during the early ‘70s. Parx poker blog big stax. I would come on the weekends and I was strictly a card counter back then.

Were you successful at it?

Chung: Not as much as I could have been, if I had really concentrated on it.

So, you were just doing this for fun and trying to make a little extra money?

Chung: Yes, and I only played single deck. I didn’t try to count multiple decks. Then, when the video poker machines started coming out in the early ‘80s, I thought it was a lot easier to make money off those than it was from the blackjack games. I started studying them and I began playing them on weekends too.

Did you stop playing blackjack then?

Chung: Pretty much so. It was too hard and the main hassle was that they always shuffled up on you or they kicked you out. I didn’t like that.

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Did you ever try to disguise yourself at the blackjack tables?

Chung: No. It seemed to be too much trouble for me and the return didn’t seem to be enough.

When those first machines came out, was it generally known that there were some machines that you could make money from?

Chung: Not really. You kind of had to hand-calculate the returns and I just made estimates. That was really before they had computers and the software that could analyze the games.

What kind of machines were you playing back then?

Chung: Jacks or better progressives.

8/5 (8 coins for a full house/5 coins for a flush) progressives?

Chung: 8/5 and 9/6 progressives.

Were you just playing if the jackpot was above a certain amount that made it a positive expectation machine?

Chung: Yes.

So, you discovered that if you only played progressive machines when the jackpot was above a certain amount, you had a theoretical advantage?

Chung: Yes. Actually, it was Stanford Wong who first started publishing books about the progressives and what levels the jackpots had to be at in order to win.

That was Professional Video Poker? His book that’s still out now?

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Chung: Yes, I think it’s been revised since then, but originally he was the first one who published anything about it. Then in the late ‘80s some other books started coming out along with computer software that really let you analyze every game, so you could see exactly what the payback was and also what the strategy was for every game.

But you still weren’t trying to make a living fromvideo poker at this point?

Chung: No, up until 1994, I was just playing on weekends and I would drive there from my home in California.

What happened in 1994?

Chung: Basically, the aerospace industry fell apart and my company laid off everybody.

Then you had the option of going out and finding another job?

Chung: Well, I saw it coming and I knew I was just going to play video poker full time as soon as I was laid off.

When the big change came, what happened? Did you pack up and move to Las Vegas?

Chung: Yes. The whole family: my wife and two daughters. When I first moved here I lived right next to the Santa Fe Hotel in North Las Vegas. We only moved out here to our new home about a year ago.

Were you successful right away?

Chung: Yes, the first year I made about $80,000 and the next two years about the same. Last year was the best: about $135,000.

What’s the worst year you ever had?

Chung: Well, full time $80,000.

Did you ever have a year when you lost money?

Chung: No, never even had a month.

Is this a full-time a job for you? How much time do you put in?

Chung: 8 hours a day, 5 days a week.

So it’s like a regular job?

Chung: Well, I can vary that however I want, depending on the conditions. If I find an especially good machine I will play more.

Do you work on the weekends?

Chung: If there’s a special promotion that gets me an added return, I might.

How do you find out about these special promotions?

Chung: Newspaper ads, or friends of mine. We have a message beeper network where we leave messages for each other about what the best plays are and everything.

So there are other people who do this besides yourself?

Chung: Yes, I would say, in Nevada, maybe 25 people do this full-time for a living and maybe another couple hundred part-time.

Are there professional video poker players in other states?

Chung: Well, I haven’t seen anyone outside Nevada I would consider a full time professional.

Besides Las Vegas are there other places to play professionally? How about Reno?

Chung: If there are professionals who live there, I don’t know who they are. I’ve been up there and I don’t think there are enough machines there to sustain them full time.

So, as far as you know, the only people doing this are the ones around Las Vegas?

Chung: Yes, but there are also some who do it by traveling to a few other good spots around the country.

What is a typical day like for you? Where do you go to play?

Chung: Right now I have three places that I go to where the best machines are. I really don’t want to say what they are, but it’s the same game in three different places and I just split up the action among the three places.

These are machines that return more than 100%?

Chung: Yes, 103.2%, plus cash back too.

That’s it? Those are the only machines you play?

Chung: Right. Generally, what I do now is play until I get a royal flush in one place then I go to one of the other two places because I do