Dan Smith: Poker Pros Shift to Investing – Here's Why

Dan Smith, a high-stakes poker player, has been discussing how poker players are increasingly turning to investing with their capital. In an interview with PocketFives, Smith shared his insights on the shifting landscape of poker and finance.

Dan Smith advises that poker players should consider their specific financial situations when managing their bankrolls. He notes that the strategies for managing a bankroll can vary greatly depending on a player's wealth and financial goals. For instance, someone still playing at the $5/$10 level should manage their bankroll differently from someone who is already wealthy and looking to grow their wealth further.

Dan Smith suggests that players should have as much of their money working in liquid investments as possible. He believes that money sitting idle in a checking account or a box is losing value over time. Smith also mentions that a player finding a great game one level higher up the stakes ladder is likely to find a better return compared with regular investments. Therefore, no player should ever deprive themselves of poker bankroll for the sake of making an investment.