Started By
Message

re: Any ideas to make good side money

Posted on 5/20/13 at 1:32 pm to
Posted by Mako
Baton Rouge, LA
Member since Nov 2011
273 posts
Posted on 5/20/13 at 1:32 pm to
quote:

I can build cypress outdoor furniture but I can't figure out a way to market it other than having it either all set up in my front yard or weekend craft shows. Really, I can build pretty much anything outdoor carpentry related just by seeing a picture.

If only I could somehow turn my carpentry hobby into profit...


I do similar things and am wanting to start building various things to sell. I have been building crawfish tables, chairs, etc. for gifts to other people. I have tons of stuff for my house and personal use I build all the time. I just am not sure I can sell my work. I have some property on perkins road that is very busy, however, the risk of theft is high. Plus supplies - wood is very expensive. Pricing would be difficult to find a market willing to pay premium dollar for wood work.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65044 posts
Posted on 5/20/13 at 1:34 pm to
quote:

A few more questions, how long have you been doing this,


Probably 15 years. I had a friend working at BRCC at the time who recruited me.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69903 posts
Posted on 5/20/13 at 1:52 pm to
quote:

if you know what you're doing, it's not so much gambling as it is taking calculated risks. much more akin to trading futures than shooting craps. there's a reason professional poker players exist. and local 1/2 and 2/5 games are not exactly hard to beat. definitely wouldn't recommend it as a primary source of income though.






I can see where you're going with this, and yes there's a reason Professional Poker Players exist. There's also a reason why there are very few of them that actually earn a living long term (less than 10% of PROFESSIONALS). Less than 2% of average poker players actually turn a minuscule profit long term. Of the estimated 50,000,000 people who play poker for money in the US, only between 600-3000 earn enough money to support themselves.

IMO It's a stupid way to try to earn money, even if you don't factor in all the additional risks of taxes, gambling laws, fraud, etc.


I like poker, I enjoy the game, I play in local games all the time. However, I would never consider it a good way to make money, certainly not a consistent one.
Posted by Bushwackers
Ridin' shotgun with Reese Bobby!
Member since Dec 2006
3788 posts
Posted on 5/20/13 at 3:07 pm to
Invest in male pure-breds dogs, charge per pop with females,

or,

same thing but invest in male bulls(cows) plus you can get steaks(a lot of them)
Posted by poochie
Houma, la
Member since Apr 2007
6211 posts
Posted on 5/20/13 at 3:14 pm to
quote:

Plus supplies - wood is very expensive.


what kind of wood? There's a place near where i life that has cypress rough cut 4/4x6x6' actual size for $0.63/lf. That's cheaper than pine at lowes. I figured an adorondak chair would cost about $20, a 5' swing about $30.
Posted by oR33Do
Tuscaloosa
Member since Oct 2012
13561 posts
Posted on 5/20/13 at 6:57 pm to
I can get dunnage Red/White Oak for .25$ a sq/ft but it isn't ideal for much.

Normally sell it in 500-1000 sq/ft packs for $100 but its the worst of the worst.

My idea though is to rustle up the $ for a small hay baller, either one that makes square ones or the mini rolls and then a tractor attachment that rakes pine needles. A lot of the timber lands out here have replaced all of their oak loggings with pine. Every mini bail of pine needles normally go for 3-4$ and every acre can do at least 100 bales.

Cost of investment could be $15k+ but on a 3/1 split and working 30 weeks out of the year and doing 250 bales a day its an easy $120k. Given you can find 450 acres of strictly pine.
Posted by el duderino III
People's Republic of Austin
Member since Jul 2011
2382 posts
Posted on 5/20/13 at 8:29 pm to
quote:

Less than 2% of average poker players actually turn a minuscule profit long term
2%'er here. I didn't say it was easy, and I wouldn't recommend it to anyone. You have to be smart, disciplined, extremely patient, etc. I got obsessed with it in college, and after wasting about $500 eventually became a winning player online. Then black friday happened, and i transitioned to live games around austin. I've done well for myself, but like i said, I wouldn't advise as a primarysource of income. If you're smart enough to beat games regularly, you're smart enough to get a better job than sitting at a table pretending to be interested in people's conversations 10 hours a night. But if you keep up with it, it can be a nice side job for life.
Posted by oR33Do
Tuscaloosa
Member since Oct 2012
13561 posts
Posted on 5/20/13 at 8:53 pm to
So you go for recommending it one post to not in the next?

.......
Posted by el duderino III
People's Republic of Austin
Member since Jul 2011
2382 posts
Posted on 5/21/13 at 4:31 am to
no, i go for recommending it to people who are above average intelligence, and capable of doing mental math. I figured if the OP is smart enough to seek advice on the money board he should fall into that category.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69903 posts
Posted on 5/21/13 at 4:39 am to
quote:

I figured if the OP is smart enough to seek advice on the money board he should fall into that category.


Have you seen some of the dumb arse questions we get here?

quote:

no, i go for recommending it to people who are above average intelligence, and capable of doing mental math.


Intelligence doesn't necessarily make a good poker player, fwiw.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35527 posts
Posted on 5/21/13 at 8:36 am to
Be a deer urine farmer. Hunters pay $$$$ for that stuff.
Posted by oR33Do
Tuscaloosa
Member since Oct 2012
13561 posts
Posted on 5/21/13 at 12:15 pm to
The problem with that is that it is highly unlikely someone can actually support themselves in the long run via poker.

Math is generally only 1/3 if what's required to be a winning player. The other 2/3rds is knowing position play and being able to read either the players at the table or have situational awareness.

Even then I wouldn't recommend it as a sole income.

I'd say if you wanted to play around with it, just save 5-10% of your weekly pay and then use that as a starter bankroll after you have $1000. Never use more than 5% on any single tournament buy in and no more than 20% on a cash game. Because honestly if I'm going to play $1/$2 I'm going to sit with at least $200.

I'm more of a tournament player but I haven't played in a very long time.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69903 posts
Posted on 5/21/13 at 12:47 pm to
I generally play in low stakes games, gentlemen rules $1/$2 blinds. I play in 1 high stakes game per year (at least for me anyway) $5K Buy in No limit Texas hold em, with some wealthy Dallas moguls. I pretty much assume I'll lose my buy in, but I consider it a good investment because I get a chance to pick up some valuable wisdom from group of multi-millionaires. Plus I sometimes can get in on a deal worth much more than $5K.
Posted by oR33Do
Tuscaloosa
Member since Oct 2012
13561 posts
Posted on 5/21/13 at 1:59 pm to
Most of my activities came from small bar room games through college. Was easy practice playing with drunks but you had to watch what you say.

After that I have only used my bankroll twice, once when I went to an Indian casino to play in $40 rebut and the other was before uiega went into effect I played in the Sunday $215 and ended up winning getting in the top 20. Right now it just sits in a savings account.

Bucket list always has playing in the 10k main event but IDK if I could last playing a week straight.
This post was edited on 5/21/13 at 2:01 pm
Posted by BlueWaffleHouse
LA
Member since Jul 2012
1848 posts
Posted on 5/21/13 at 2:21 pm to
I started Reffing soccer games again, High School and Middle School only .... Pays b/t $40-$60 a game here in TN and I usually get 2 @ a time. .... Do a few games a week after work instead of going to the gym and pocket a few grand a year and I don't give up my weekends
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 5/21/13 at 2:57 pm to
I was going to say...officiating is pretty good money for relatively minimal effort. If you have a good scheduler, you can tell them when you'd like to work.
This post was edited on 5/21/13 at 3:04 pm
Posted by Broke
AKA Buttercup
Member since Sep 2006
65044 posts
Posted on 5/21/13 at 3:09 pm to
quote:

I was going to say...officiating is pretty good money for relatively minimal effort. If you have a good scheduler, you can tell them when you'd like to work.



I work a parks and rec league where the games are pretty much only weekends. It's at least 5 grand every year.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 5/21/13 at 3:12 pm to
I did LHSAA Volleyball (mom played college ball so I grew up around it) during college. Made about $2500 each fall in cash...paid for all my trips and shite.
Posted by BowDownToLSU
Livingston louisiana
Member since Feb 2010
19251 posts
Posted on 5/21/13 at 7:17 pm to
quote:

Bucket list always has playing in the 10k main event



same dream here brother
first pageprev pagePage 3 of 3Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram