Date: 2007-02-06 23:42 (UTC)
Interesting analysis.

I don't know how far $50K gets you in NYC, but I expect it's about as far as it would in London. It would cover my kids' school fees but maybe not the cost of getting them to school!

I think I increased my overall earnings last year by about 10% thanks to online poker. When I look at the hours it took to earn that it's clear that I'm better off in my real job: I'd have to play at my best for about 20 hours a day, through the night, to get close. And I probably don't play at my best more than about 20% of the time as it is. So for now I'll just be happy to have a cash-positive hobby.
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