How much would it take to make you quit gambling forever?

[AlanBostick]

[ QUOTE ]
I'm curious. For all the people saying it would take at least a million dollars for them to quit. Is that because you love the game so much, or because that's how much income you believe you would be giving up?

[/ QUOTE ]

A million dollars is equivalent to an income stream of about $50K/year. That's well within the reach of any winning player who can play $30-$60 for twenty hours a week.

[_TKO_]

[ QUOTE ]
I'm curious. For all the people saying it would take at least a million dollars for them to quit. Is that because you love the game so much, or because that's how much income you believe you would be giving up?

[/ QUOTE ]

It's a combination of the two. If I was either a breakeven player that loved the game or a professional player that lived on the income, my answer would be lower than 3M. The fact that I am giving up both income and a hobby, the equivalent dollar-value is much higher than either one alone. When I calculated my answer, I used three values:
1. The amount of income I expect to earn from poker for the rest of my life;
2. The amount of money required to start and maintain additional hobbies to occupy my time; and
3. The dollar-value I place on the enjoyment I get out of poker.

[Vincent]

I would quit for either:
1) a minimum of somewhere between $500k to $1 million untaxable dollars
2) a minimum $100k/yr career that I have a strong passion for

But I'd rather be addicted to poker, which unfortunately I'm not.

[creedofhubris]

That seems kinda low, Kane.

I'd hold out for 3, I think.

[_TKO_]

[ QUOTE ]
I would quit for either:
1) a minimum of somewhere between $500k to $1 million untaxable dollars
2) a minimum $100k/yr career that I have a strong passion for

But I'd rather be addicted to poker, which unfortunately I'm not.

[/ QUOTE ]

Your answers don't really seem to agree with each other. 1M now, or 5M over 50 years? I think the latter is much much better.

[donkeyradish]

Only losing my bankroll would make me quit.

[RydenStoompala]

100 Skillion dollars...NOT A PENNY LESS!

[creedofhubris]

[ QUOTE ]
I'm curious. For all the people saying it would take at least a million dollars for them to quit. Is that because you love the game so much, or because that's how much income you believe you would be giving up?

[/ QUOTE ]

A lot of the "one million dollars!!!!" guys are high stakes NL players, so a million bucks is a reasonable expectation for a few years of poker.

[timex]

If I could force myself never to gamble again, I gladly would!
[img]/images/graemlins/tongue.gif[/img]

[Toonces]

I think I'd be willing to give up poker for about $200K if I was still allowed to play other gambling games like BJ. Poker is just one form of pos EV games. For about $1M, I'd give up all gambling and just play bridge full-time.