Posts Tagged ‘Jens Kyllonen poker’

Jens Kyllönen is Pessimistic about Online Poker’s Future

Tuesday, March 7th, 2017

jens-kyllonen-pokerJens Kyllönen, one of the greatest online poker players of all time, recently announced that he’ll slow his poker play in favor of a finance career. The move was surprising, given that the Finnish poker pro is still at the top of his game and making profits. But part of the timing is that he doesn’t see great things ahead for the poker world.

Speaking with PokerNews, about his decision to pursue other endeavors, Kyllönen said that the lower EV in poker weighed into his decision.

“I’m quite pessimistic about the future of online poker,” he explained. “The max EV decision would’ve probably been to stick around grinding full time for a few more years, but I’ve fortunately managed to reach a point financially where I don’t need to consider just pure EV anymore.”

In the short term, the Finn still thinks that it’s possible to make money for those who put in the work. But as for the long-term future, Kyllönen worries about poker software and the game’s ability to continue attracting recreational players.

“Long term I’m worried about the improving software help, poker solvers for example, making edges smaller until the site itself will be the only winner,” he said. “Obviously, as long as the site can attract enough recreational players, it will be fine, but that is getting more difficult. Also, as the pros keep getting better, the recreational players just get killed so fast.”

Despite Kyllönen’s thoughts on poker’s future, he still plans on playing some because he loves the game.

“I love poker and don’t think I’ll every completely quit playing,” said Kyllönen. “I will try to play a few live events a year if I have the time.”

But as mentioned before, he’s mainly interested in pursuing a new career. And once he’s finished studying finance in Finland, he may attend an Ivy League business school in the United States.

Jens Kyllönen Going from Poker to Finance

Friday, February 17th, 2017

jens-kyllonen-poker-to-financeHaving dominated high stakes online poker for years, Jens Kyllönen is looking forward to a new challenge: finance.

The Finnish grinder recently discussed his plans to move into the financial industry with the tabloid Italehti. And Kyllönen says a big motivation for switching careers is that he’s tired of poker and wants to try something else.

“Recently, the idea that I’ve been doing this for ten years, has risen to more ideas,” he told Italehti (translated from Finnish. “Life is, after all, quite short. It would be nice to try something else. It also one of the reasons why I decided to apply for the school.”

Another problem for Kyllönen is that he must spend his nights and weekends playing poker, when the high stakes action is juiciest. But while this results in plenty of profits, it hasn’t been good on the relationship with his girlfriend, Nora.

One more big issue that he addressed is the slow decline in poker’s global appeal.

“The fact that it is a global poker market has been declining for a long time and interest in the sport has declined. I still remember ten years ago, when almost all were playing poker in home games and dream of a new poker professional.”

As for why Kyllönen has settled on a finance career, he says that his mathematical skills played a role in this.

“I was always top of the class matikassa and it has been easy for me. Mathematical talent is useful in poker, but it is not the most important thing,” he said.

According to his HighStakesDB graph, Kyllönen has made $5.22 million in cash game profits on PokerStars (under Jeans89). Many poker pros have stepped away from the game to pursue new things, only to come back and try the game again.

We’re not sure if this will be the case with Kyllönen, but we imagine that his steady success – even as the game’s gotten tougher – will bring him back to the cyber poker tables at some point.