"Going Pro"

[showboatlou]

When you get there, you'll be there. But, no matter where you go that's, just where you are... If, I can live like a millionaire on, 70K/yr, so be it. There's more to life than poker. But, there's nothing like it.....Whatever, pays the bills....."Money won, is so much sweeter than money earned"._ Paul Newman/The color of money

[Rs]

Never.

[pokerfan]

i havent worked for 5 years and killed my local casino 15-30 limit/1-2/2-4 no limit games. I went pro after reading ED miller's book " small stakes holdem winning big with expert play" and limit poker was most popular at the time

[HybridTt]

I'm trying to reply to everyone, but if I miss you don't take it personally.

regardless of x, hero shouldn't go pro.

You can not quit a job and go pro with a $1100 bankroll. Insanity!

What if X is close to 0?

So as long as your bills are less that $1,200 a month then you should think of going pro.

But that's more than our current bankroll...?

x = about 200. our hourly rate is irrelevant at this point. more important is our bankroll. We would ideally want 3-4 months worth in reserve, over and above what we need to play.

This is the most logical response so far, imo.

Until I'm making about 1.5-3x (depending on how bad variance is up there) my current income, I wouldn't...

Again, what if X is close to 0? Also, if there was little to no chance of getting a raise or any type of advancement in your job (which is typical of the jobs college students get)?

Very few responses here are original. This is a topic that's been rehashed repeatedly in magazines, articles, books, and message boards.

I agree, but perhaps that's because it's sometimes hard to be creative when there is a limited window of correct ways to do something and be successful.

Going pro is as easy as quitting your job. Assuming you're an adult and capable of going broke and surviving the ordeal, fuck it. Take your shot. Learn your lesson.

This is soooooo wrong, but like you said it's just something you heard. There is so much more to it than "quit your job and see what happens", and the likelihood of succeeding with this approach depends heavily upon X.

$600/week is more than $360/week, so assuming your benefits at work suck, x is a non-factor. Or I guess you could say that if your added expenses (medical insurance and such) after quitting your job add up to less than $240/week, you should do it in a strictly financial sense.

There's much more to it than the strict math, DOUCY?

R u serious op? All you answer with is questions that infer that peoples answers are wrong. On the last two you just straight tell people their opinions are wrong... when this is a general opinion answer question. X is defined by each persons opinion. Also people are trying to tell you, your question sucks because it does. OP Heads up for rolls?

[badgers]

OP Heads up for rolls?

Awesome

[spoonitnow]

I'm trying to reply to everyone, but if I miss you don't take it personally.

regardless of x, hero shouldn't go pro.

You can not quit a job and go pro with a $1100 bankroll. Insanity!

What if X is close to 0?

So as long as your bills are less that $1,200 a month then you should think of going pro.

But that's more than our current bankroll...?

x = about 200. our hourly rate is irrelevant at this point. more important is our bankroll. We would ideally want 3-4 months worth in reserve, over and above what we need to play.

This is the most logical response so far, imo.

Until I'm making about 1.5-3x (depending on how bad variance is up there) my current income, I wouldn't...

Again, what if X is close to 0? Also, if there was little to no chance of getting a raise or any type of advancement in your job (which is typical of the jobs college students get)?

Very few responses here are original. This is a topic that's been rehashed repeatedly in magazines, articles, books, and message boards.

I agree, but perhaps that's because it's sometimes hard to be creative when there is a limited window of correct ways to do something and be successful.

Going pro is as easy as quitting your job. Assuming you're an adult and capable of going broke and surviving the ordeal, fuck it. Take your shot. Learn your lesson.

This is soooooo wrong, but like you said it's just something you heard. There is so much more to it than "quit your job and see what happens", and the likelihood of succeeding with this approach depends heavily upon X.

$600/week is more than $360/week, so assuming your benefits at work suck, x is a non-factor. Or I guess you could say that if your added expenses (medical insurance and such) after quitting your job add up to less than $240/week, you should do it in a strictly financial sense.

There's much more to it than the strict math, DOUCY?

R u serious op? All you answer with is questions that infer that peoples answers are wrong. On the last two you just straight tell people their opinions are wrong... when this is a general opinion answer question. X is defined by each persons opinion. Also people are trying to tell you, your question sucks because it does. OP Heads up for rolls?

That's because I'm right, ldo.

[mixchange]

I'd stick your job out till you can get to at least 100nl. Then the money becomes significant (100K/yr possible) and you have more promise to move up than you do now.

As others have said we're not looking to just pay bills, we should be in a capital accumulation mode under the methodology of poker playing with future goals of real estate, business investment, and investment as our long range source of income.

[wufwugy]

i went pro then stopped playing

[spoonitnow]

I'd stick your job out till you can get to at least 100nl. Then the money becomes significant (100K/yr possible) and you have more promise to move up than you do now.

As others have said we're not looking to just pay bills, we should be in a capital accumulation mode under the methodology of poker playing with future goals of real estate, business investment, and investment as our long range source of income.

There you go.

[euphoricism]

Find job with sexy pension upon retirement.

Work it. Play poker when you get home for an hour or two.

"Retire" at 45 and play poker full time.

I call it the "OMG THEYLL PAY ME TO DO THIS?!" plan.

[bjsaust]

i went pro then stopped playing

Hmm, I think theres a flaw with that plan...

[wufwugy]

i went pro then stopped playing

Hmm, I think theres a flaw with that plan...

its funny, i played a so much all gung ho trying to get to the point where i could quit my job, but when i did i was so sick of playing i went on sabbatical or something.

[bjsaust]

I wonder if many people do that? Kind of like a burn out after the big drive to get there.

[euphoricism]

I wonder if many people do that? Kind of like a burn out after the big drive to get there.

Theres a reason a lot of oldbies arent around FTR anymore.

[dev]

I wonder if many people do that? Kind of like a burn out after the big drive to get there.

Theres a reason a lot of oldbies arent around FTR anymore.

For those that aren't around anymore that at one point went pro, do you suppose more of them quit and gave up poker, succeeded and moved on to other things, or just stopped talking about it or moved to another forum?

[euphoricism]

A and C imo.

[spoonitnow]

I think it's easier for people who grew up like I did (aka poor) to continue to have the drive and work ethic to put in a lot of time even after they're making somewhat decent money at the game.

[SpenSamp]

I tried figuring something out for you, but I couldn't.

[Keilah]

I think it's easier for people who grew up like I did (aka poor) to continue to have the drive and work ethic to put in a lot of time even after they're making somewhat decent money at the game.

TRUE


Also since I've been pretty much poor all my life I've learned how to make money stretch REEEEEEEALLY far and have excellent BR management/budgeting skills. I just continue in a similar lifestyle (which isn't so bad, btw) and all the $ I make at poker goes into savings and BR.

I recommend waiting til at least 100NL to quit your job tho, 1.5 months of 50NL sucked ass after realizing how my disposable income grows by waaaaay more than 2x after moving to 100NL.

[Willishere]

In my country, making $50 per day while playing poker is enough to make a wealthy living even if you don't make it during the week ends.

[bikes]

epic bump

[helpme2win$]

wish u the best of luck if i decide to go make sure the risk is worth it . dont ever see my self going there yet .