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Should I quit my job? Should I quit my job?

04-11-2017 , 07:08 PM
try it??? always going to live with regret if you don't. Leave your options open so you don't destroy what you had (take a 1-2 month leave/make connections to get a different position if they find someone else for yours etc).

Your sample size is incredibly small. In 10/25 mix literally 1-4 pots could make you a losing player if you play deep over that sample size. You are not rolled for that game. Ask people their biggest downswings but I'd imagine 150k+ happens to each player at least once a couple years in that game. That's not to say it's not ok to play it especially when selling shares but just understand the risks. Selling shares is ok when you're shot taking but if you expect to play that game for a living it is not realistic (you go on a downswing it's not always an option anymore and that's when you need it the most)

I think people do make good points about this winrate is not necessarily accurate if you have to play every day (10/25 mix only goes certain days and hours/is private sometimes and 5/5 can be really bad sometimes during the week).

Have a realistic goal that you should achieve (better quality of life and x$/hr etc) and let that at the end of the run decide if you want to go back to work or not. I would expect > 100$/hr would be worth it to quit a 100k job especially if you enjoy the lifestyle but it's also important to determine how many hours you can play/year as some "pros" can play 2k+ and some play 500ish before they start burning out. Even as a part time player you don't put in a lot of volume so try it out and see and factor that in.

Good Luck!

Last edited by smoothcriminal99; 04-11-2017 at 07:20 PM.
Should I quit my job? Quote
04-15-2017 , 11:46 AM
Quote:
Originally Posted by masterxed
Mainly play PLO in a live casino and currently I'm crushing it at $340/h in about 110 hours (since 01/2017). I know I'm on an upswing so if it'll probably be closer to $175-200/h once variance kicks in.
lol yeah, unfortunately it'll probably settle down to $200/hr.

Mediocre troll, not enough detail to really convince.
Should I quit my job? Quote
04-19-2017 , 04:16 PM
Quote:
Originally Posted by masterxed
@MJ88
Probably one of the better things I got from this thread... mentioning that I am playing in the prime time when all the fish are plentiful in the sea - Weekends and nights. I'm sure if I played full-time during the week, it would be a much harder grind and of course the hourly, as a result, will go down.

@answer20 thank you for the thoughtful advice and things to consider!
@browni3141 thank you for your insight as a pro. What stakes do you play if you don't mind me asking and at what hourly or BB/hour?
@BDHarrison Eh, I don't really have that many friends to begin with so the social life doesn't really affect me as much. Just have one good friend, and a few friends I meet up with about once a month-two months, no biggie. The gf lives four hours away from me so any free time I have I spend with her while taking the weekend off.

Seems like keeping my job is the best option for me now, and also one of the more conservative routes, in which I don't mind taking.
To the OP - It sounds like you have taken the more conservative route which many have advocated. In 2007 I was faced with a similar decision. I was living in Las Vegas and had a real job and was 30ish but my business partner wanted to get out of the Vegas party lifestyle and focus more on the business and was willing to upgrade my equity partnership significantly if I agreed to move and focus on the business more. I was playing 5-10 / 10-20 NLHE regularly at Bellagio with ~$200 / hour win rate over 250 hours of tracked play. I was a winning NLHE player before that with a good amount of experience, but I felt some added discipline on tracking my play more closely and general run good boosted up my win rate for that short term span. I did not let the perhaps inflated win rate cloud my judgement (shockingly lol).

I chose to leave Vegas and focus on the business and was ultimately rewarded by making a very substantial sum in business for a single guy with few obligations. I had plenty of money to take trips and still play poker when I felt like it but had the stability of a real job with equity. It was hands down the better decision.

Had I not come to this fork in the road, I would have still opted to keep my day job and grind on evenings and weekends as my desire and time permitted. I always felt like I had an edge over the "pros" in the game because many of them were so nitty because they were so reliant on poker to pay bills and put food on the table. I was playing for fun and profit, but my bills were already paid. They might see an edge or a play to make on a tourist (or me) but not pull the trigger because they weren't absolutely dead nuts certain they were right. It's a highly exploitable tendency once you've played with some of the same faces for a while.

Also of note for me when I started analyzing my play more: I found I was at my best (win rate & more certain reads) in sessions under 4 hours. This led me to conclude my win rate may not be sustainable if I suddenly decided to play 8-10 hours per day. There's also all the other people who have brought up very salient points like burnout & primetime game options versus an average Tuesday.

There is no doubt in my mind that the more prudent choice is to build your tracked sample size and increase your bankroll for at least a year or two and then, if you are sure you realllllllllllly love poker and can really be superrrrrr disciplined and still make money, go for it.
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