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#1
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Ok, not entirely sure where this should go, so mods, feel free to move if you like. I'm just posting here since it's where I most often post.
OK, so basically the deal is this. I work as an Admin/Accts clerk at a car dealership. I get a below avg wage. I never completed high school, so essentially, I have no real qualifications, thus my long term earning potential is not exactly fantastic. I love poker. I've played it *seriously* since basically the start of the year. I'll post my 07 stats for the year at the bottom of this post. I live at home with my folks. My girlfriend of 4 years also lives with her folks (although in reality, we both split time at each others house). We're pretty much ready to look at get our own home in the early stages of 08. So my dilemma is this: do I 1) wait until after we've got a home loan etc before I quit my job or 2) quit now & give myself 6 months with low overheads to get up & running & with lower risk if it all goes wrong. My fears are if I go with option 1 & fail, how do we pay for a home loan and with 2 what the chances are of getting a home loan if I don't have a job other than "professional gambler". Any advice would be appreciated. 07 stats: Tournaments played : 850 Total Buy-in : $21449.90 Total Winnings : $45868.90 Total Profit : $24419.00 ROI : 113.8% |
#2
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Stay in school and use your brain. Be a doctor, be a lawyer, carry a leather briefcase. Forget about poker as a profession. Poker make ya grunt and smell. See, be a thinker, not a stinker.
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#3
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dont do it unless you have no dependents and few overheads, unless your bankroll is huge for whatever you're playing
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#4
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[ QUOTE ]
dont do it unless you have no dependents and few overheads, unless your bankroll is huge for whatever you're playing [/ QUOTE ] Well, if I were to quit now, I'd have no overheads (living with folks) and no dependents. But I'd have trouble getting a home loan 6 months down the track. |
#5
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[ QUOTE ]
Stay in school and use your brain. Be a doctor, be a lawyer, carry a leather briefcase. Forget about poker as a profession. Poker make ya grunt and smell. See, be a thinker, not a stinker. [/ QUOTE ] I'm 23 & I dropped out of school when I was 17 for completely different reasons & got myself a job. |
#6
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[ QUOTE ]
Stay in school and use your brain. Be a doctor, be a lawyer, carry a leather briefcase. Forget about poker as a profession. Poker make ya grunt and smell. See, be a thinker, not a stinker. [/ QUOTE ] dude, at least read his post. He isn't currently in school, and college probably isn't a realistic option at this point in his life. I can't speak to the difficulties you may encounter re: getting a home loan without a guaranteed income, but I can say that if you were to quit your job now and focus on poker, the next 6 months could easily be spent working exceedingly hard so that if you still do need a loan, it will at least be much much less sizeable if you want it to be (by working exceedingly hard at putting in as many hours as possible). |
#7
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If you're strictly an MTT'er there really is no reason to quit your job to play poker, the most profitable times to play is when you will be home from work anyways.
Not saying you should always have another job since working sucks, but maybe keep as is while playing more poker and see how things go over a bit larger sample. |
#8
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[ QUOTE ]
If you're strictly an MTT'er there really is no reason to quit your job to play poker, the most profitable times to play is when you will be home from work anyways. Not saying you should always have another job since working sucks, but maybe keep as is while playing more poker and see how things go over a bit larger sample. [/ QUOTE ] thayer, in op's situation, he would not be working your average 8 to 5 job. |
#9
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[ QUOTE ]
If you're strictly an MTT'er there really is no reason to quit your job to play poker, the most profitable times to play is when you will be home from work anyways. Not saying you should always have another job since working sucks, but maybe keep as is while playing more poker and see how things go over a bit larger sample. [/ QUOTE ] Unfortunately, this isn't true. I live in Australia. The only tournaments I get to play right now are: $26 on Tilt, 2 X $30 on Stars & a $5r. Plus some small ones on another site I play at. To add to that, I can't play every night due to other (sporting) committments. All the "big" tournaments are run mid-morning my time, hence, holding a job & playing anywhere near seriously isn't really an option. |
#10
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Is your job one such that if you took a year or two from it, you could easily come back and get a similar job without too much effort? If so, I don't see that much wrong with going pro, so long as you leave yourself outs.
If you think it would be difficult to get an equivalent job, I might wait a little while because your life could be pretty [censored] if you go pro and fail. |
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