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Doug Polk and Jaime Staples Clash Over the Earnings of a Poker Pro Player

There is a serious issue causing rancor between poker players. For now, this disagreement has been on Twitter amongst regs and then there’s streamers on Twitch at dawn. When Jaime Staples and Doug Polk decided to talk about their differing opinions on the long-standing discussion on poker, it definitely didn’t disappoint.

This week, Jaime Staples Weekly Poker Showdown was launched via partypoker. Where Staples talks about tables themes, hotkeys, fast-forward strategy, and even the upcoming charity event for Hurricane Dorian which would take place on Sunday 13th October.

However, the first episode was able to get 500 views, it has not created the kind of stir that the Twitter feed of Staples have generated in the past 24 hours. After talking on 2+2 a forum that’s being archived where the statement was made that no poker player should become professional unless they are earning the sum of $100,000 yearly. For Staples, he disagreed with this statement and he explained his reasons on a Twitter thread.

Been thinking about all the old advice threads on 2+2 poker forums where regular poker players ridiculed others for wanting to turn pro for anything less than 100K a year. Why is 100K the benchmark for ‘making it.’?

— Jaime Staples (@jaimestaples) September 18, 2019

A lot of positive comments backed this statement by Staples where he explained in detail the amount (even though it was lower) he earns per year for the past 5 years. Quite a number of people complimented him for opening up and for his insight into the topic. His advice will go a long way for players who aspire to join sport but do not know its dark sides.

On the other hand, Doug Polk is definitely not on board with the idea.

Polk through his replies on the topic on ground, he lists about 7 reasons why you should not become a pro poker player if you’re not earning the sum of $100,000.

Here are some of his reasons:

  • 1. No IRA Benefits
  • 2. No Health benefits
  • 3. Long periods of time with no income
  • 4. Self-employment tax
  • 5. Career advancement relies solely on finances
  • 6. Easy for edge to deteriorate
  • 7. Lack of job security

At this point in time, we have to consider the criteria that makes a professional poker player. Do they need to earn about $100,000 before they’re seen as one? Polk approached the issue from the angle of having a family that’s supportive, and one that’s ready to support the player’s lifestyle. So from his perspective, before a poker player can be called successful, he would be held to a higher standard.

Aside from self-worth, semantics, and tax percentages, a major question that continues to pop up from this debate what it means to be called a professional.

Everyone has a definition of success. To some it’s financial, while to others its personal. Take for example, the bet Staples had with Bill Perkins as rewards for an weight loss journey.

The sum a pro poker player needs to earn yearly increases exponentially because of increasing cost of living, but it gets harder because of how well players are improving generally. To match the achievements of Doug Polk and Jaime Staples is going to take more than just hard work

For Staples and Polk to have gone against each other on Twitter, they have once again reminded us that of poker have rules, but it’s surrounded by a framework that is constantly changing.

Source: https://calvinayre.com/2019/09/20/poker/jaime-staples-and-doug-polk-clash-over-what-a-poker-pro-should-earn/

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About the author

Jo Arazi

Jo Arazi

Jo is a seasoned writer and analyst of the cryptocurrency market with several years of experience writing for various blogs and websites worldwide. He has worked with several crypto startups and is a supporter of credible crypto projects worldwide.

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