Quote:
Originally Posted by mdelore
If your wife totally understands the variance/degen life and can support you then you could try it out for a while. My wife has a similar background and knows how to read a graph so I don't get any grief but she would be concerned about long term career prospects following a several month poker bender. Assuming you're good at poker the main concern is being out of the workforce for a long time, having a gap in your resume or CV that would require an explanation. Going sideways career-wise in your early to mid twenties can cost you long term.
If your job sucks and you do quit I highly recommend finding a well paying career you don't hate and have some interest in while you grind. Have multiple options.
Stlows, the bolded would be of huge concern coming off a stable job to play poker. Say you try for a year or two and decide to go back to work. Depending on your field your skills may have depreciated in value (e.g. computer science). Corporations are also going to be wondering about that gap. Whether you tell them or not about poker you're kind of screwed. If you don't tell them, you look like a flake who randomly quit his last job for no reason and they're going to think you'll do that too. And if you do tell them, there is a very high chance they think you have a gambling problem and are irresponsible. Even if they're impressed (say you managed to win 10BB/hr over the period but just decided full time poker wasn't for you) by your results, they're still going to be wondering "when is this kid going to get bored with this job and go back to poker?"
I had a "resume gap" of over a year playing online poker. I suspect this was a primary factor in my hundreds of rejections for corporate jobs, despite otherwise having a fantastic CV and letters of recommendation.
I'm not saying don't do it but think long and hard about the potential negative consequences if poker doesn't work out. And you need to be sure you're good enough to win sufficient money before quitting. I wouldn't quit without 1k+ hrs of 8BB/hr+ wins at whatever stake is your financial equivalent.
And as far as financial equivalency, because of the complete lack of benefits playing poker, higher taxes, and general uncertainty, you're going to need about 50% more income from poker to be equivalent to what you make at your job.
Good luck and hope you make the right decision for you and your wife's happiness.
And BTW I'm single. It's easier to play poker from 6PM to 4 AM when you don't have a family. If your wife works during the day you could end up having to play during the day which depending where you live could be mildly bad to very bad. Some places the games don't really get going until the evening.