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#41
09-20-2007, 11:21 AM
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Re: Quitting my crap job to grind 2/5+ live??
[ QUOTE ]
[ QUOTE ] And maybe jump up to $4/8 or a similar level where you'd have a better shot at keeping ahead the rake? Good luck if you go for it, and keep us all posted. [img]/images/graemlins/smile.gif[/img] [/ QUOTE ] I'm pretty sure OP is referring to Unlimited Bet Hold Them, in which case the rake shouldn't be a major issue (providing he is not playing in Australia). [/ QUOTE ] That post gave me a smile too :-) 
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#43
09-20-2007, 11:24 AM
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Re: I SAY BUSTO IN A SIX MONTHS!!!!
[ QUOTE ]
Also keep in mind that you will be hurting chances for future employment by taking yourself out of the job market, and may hurt yourself when it comes to things like verifying income for credit, mortgages, etc (the logical assumption here is that you will not be declaring any winnings). My advice would be not to do this, at least not yet, as you can continue to have your irritating job (welcome to the club, the job market isn't kind to the post-college crowd), and play on the side. If you can pickup a couple of hundred a session, more power to you. Good luck in whatever option you choose. [/ QUOTE ] I think this is the most important piece of advice in this thread. I was recently playing with a former high stakes kid (maybe late 20's) who was 'slumming it' in my 20/40 game. He told me the story about how he had lost a lot in previous months taking shots at 1-200 and up and since he doesn't have any real world skills or experience is forced to drop down and grind it up again. Honestly, I felt a little sorry for him. Getting experience in the workworld and then playing poker is a perfect combination in my own nonprofessional opinion. Sure, you want to play poker now but what about in 10 years? in 5 years? What about when you realize that 2/5nl isn't going to be pulling in mega bucks but only enough to make ends meet. Do you really think it's going to be easy to all of a sudden get a good job? Let alone a job that makes anywhere near the money you're used to making. Sidenote: I graduated college in May with the same aspirations. However , within weeks of spending my weekends at casinos (which I had been doign for months) and spending my weekdays bored in my apartment, I needed something more. So I got a job. It's not a great job by any means and the pay is miniscule compared to my poker income, but it keeps be engaged in the real world, I dont' have to surround myself with miserable people (people actually enjoy cmoing to work here) and most importantly I can still play on the weekends. I think there's a good balance to be found. Good luck though with what you choose.
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#44
09-20-2007, 11:28 AM
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Re: I SAY BUSTO IN A SIX MONTHS!!!!
[ QUOTE ]
[ QUOTE ] Also keep in mind that you will be hurting chances for future employment by taking yourself out of the job market, and may hurt yourself when it comes to things like verifying income for credit, mortgages, etc (the logical assumption here is that you will not be declaring any winnings). My advice would be not to do this, at least not yet, as you can continue to have your irritating job (welcome to the club, the job market isn't kind to the post-college crowd), and play on the side. If you can pickup a couple of hundred a session, more power to you. Good luck in whatever option you choose. [/ QUOTE ] I think this is the most important piece of advice in this thread. I was recently playing with a former high stakes kid (maybe late 20's) who was 'slumming it' in my 20/40 game. He told me the story about how he had lost a lot in previous months taking shots at 1-200 and up and since he doesn't have any real world skills or experience is forced to drop down and grind it up again. Honestly, I felt a little sorry for him. Getting experience in the workworld and then playing poker is a perfect combination in my own nonprofessional opinion. Sure, you want to play poker now but what about in 10 years? in 5 years? What about when you realize that 2/5nl isn't going to be pulling in mega bucks but only enough to make ends meet. Do you really think it's going to be easy to all of a sudden get a good job? Let alone a job that makes anywhere near the money you're used to making. Sidenote: I graduated college in May with the same aspirations. However , within weeks of spending my weekends at casinos (which I had been doign for months) and spending my weekdays bored in my apartment, I needed something more. So I got a job. It's not a great job by any means and the pay is miniscule compared to my poker income, but it keeps be engaged in the real world, I dont' have to surround myself with miserable people (people actually enjoy cmoing to work here) and most importantly I can still play on the weekends. I think there's a good balance to be found. Good luck though without you choose. [/ QUOTE ] two good posts. couldn't agree more.
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#46
09-20-2007, 11:39 AM
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Re: I SAY BUSTO IN A SIX MONTHS!!!!
[ QUOTE ]
About 75% of college age poker players have similar wild ideas, about a life of fame, fortune, and "ease" playing Hold Em as opposed to the "boring" work world. They foresee easy wins with little work, not considering the future consequences. [/ QUOTE ] As I read this very true statement, I have to interject with the proverb "you reap what you sow". IMO, there are way too many college kids disillusioned with the notion that the work world is "boring". I have been working at a fabless semiconductor company for 7 years and do not find my job to be remotely boring. The people that I interact with here are interesting and I feel that I am making a contribution (albeit indirect) to society. I make a non-negligible amount over $100k...not including stock options, bonuses, and benefits. Total compensation is probably close to $180-200k/yr. I'm currently 27. I busted my ass during university studying, working late in the labs, working on weekends, working on holidays, taking proper preparation for exams, reading my textbooks over and over again, talking with profs & other students about technical stuff, and thinking about how I can "be the best" in what I do. Well...those 4 years paid off (for me). I graduated at the top of my class (out of 200), got a great job offer, and have climbed the corporate ladder at a rate that surpassed my initial expectations. I do not regret my choice at all. I might start my own company some day...who knows? I know if I do decide to take that route that I have a high chance of being successful. If many of the college kids that are considering the poker "lifestyle" spent the same effort in their studies and/or career development as they do playing poker, thinking about poker, reading about poker, talking poker strategy, etc...they would not be confronted with the semi-depressing choice of a working in a "crap" job vs. becoming a 2-5 NL "pro".
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#47
09-20-2007, 11:45 AM
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Re: I SAY BUSTO IN A SIX MONTHS!!!!
I should have mentioned what JKam brought up, the future factor. 3, 5, 10 years from now, poker will likely not be as popular and the pool that exists to fish from may not be as plentiful. I imagine you would run into more grinders such as yourself, which would A) hurt your winrate; B) make the experience very unenjoyable. Besides this, you may have considerably elss interest in the game by then, but could have conceivably killed your chances of selling yourself as an experienced worker.
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#48
09-20-2007, 11:45 AM
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Re: Quitting my crap job to grind 2/5+ live??
[ QUOTE ]
[ QUOTE ] [ QUOTE ] And maybe jump up to $4/8 or a similar level where you'd have a better shot at keeping ahead the rake? Good luck if you go for it, and keep us all posted. [img]/images/graemlins/smile.gif[/img] [/ QUOTE ] I'm pretty sure OP is referring to Unlimited Bet Hold Them, in which case the rake shouldn't be a major issue (providing he is not playing in Australia). [/ QUOTE ] That post gave me a smile too :-) [/ QUOTE ] Huh? Isn't he talking about playing live at Foxwoods?
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#49
09-20-2007, 11:51 AM
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Re: I SAY BUSTO IN A SIX MONTHS!!!!
Overseer, 2 points, one good, one bad.
Your assertion is very correct that if people my age, or a bit younger, put the same time into the job market as they did the poker world, "boring" jobs would be less prevalent. Applying yourself goes a long way and those of us post-college who do so will reap the benefits. It's a much better reality to indulge ourselves in then the fantasy world most wannabe poker "pros" envision. However, I do think it is fair to say that your situation is an exceptional, and rare, one. Many of us, due to difficulties in the job markets and areas in which we live, could never, ever move up the ladder to the $200k range at age 27 no matter what we did. It's simply not realistic to think that this will be true for the majority of cases. Thus, his situation is a bit more unique and less clear cut then yours indicates.
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#50
09-20-2007, 12:03 PM
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Re: I SAY BUSTO IN A SIX MONTHS!!!!
Firestorm, don't take my post as meaning "get off your lazy asses and start studying" (and I don't think you did take it that way). Also, I recognize that I am extraordinarily fortunate (lucky/blessed/whatever) and grateful to be in the situation that I am in.
All that I am trying to say is that extra effort in the academic side of life may be more profitable than extra effort in the poker side of life.
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