When I started this blog, Poker was in what I think can be called it's heyday. There was something of a poker craze going on, and thus "caughtupinthecraze" was born. In my first post, I claimed that I could teach anyone with a 3-digit IQ to win at poker in a casino. While that may have been true at the time, it's certainly not the case any more. The competition has gotten so much tougher that the players who now provide most of my income are probably better than I was back when I wrote that first blog entry.
There are now only two "open" props in my section who have been working longer than I have. One of the guys who had been there longer is now a "silent" prop for the stud 8-or-better game, meaning he doesn't have to play any other games. Also, both of the props who started the week after I did are no longer working for the Bike. One guy who has been a prop for about a month is actually working another full time job as a bio-chemist at a local biotech company. I don't think he's making any money playing poker - the only game he's good at is NL holdem. He thinks he'll keep both jobs for about a year, at which point his wife should be done with nursing school. Personally, I can barely imagine any scenario where I would decide to work 16 hour days when I had the option of working 8. If I get into grad school, I plan on quitting the propping job. (I'm on the wait list for UCLA's stat PhD program, and should hear back this week.)