Quote:
Originally Posted by davomalvolio
I’ve just made the decision to quit my (stressful!) full-time job and replace it with a (stress-free!) part-time job, but to supplement the income with poker winnings. I plan on playing about 15 hours a week.
I want to get to a spot where I literally never have to worry about my cash “bankroll,” and every Friday I'll just put that week’s poker winnings into my family’s joint checking account. (Or, on weeks when I lose, the next week’s winnings will go to first replenish the cash bankroll and then the rest to checking.)
My two questions are:
Is this how most people do it? And,
If so, what should my starting cash bankroll be? I currently have $3000 in cash—my main concern is I never want to have to *withdraw* money from our joint account ever again.
Thanks.
So an UPDATE: while I’m up a bit over $13,000 since I started this in July, the inevitable DOWNSWING has struck, and after yet another two-bullet/$600 losing session yesterday, I am down to just $300 left in my sock drawer.
I don’t know what to do! I wanted to avoid ever having to withdraw money from our checking account, and now that’s exactly what’s happened!
(Complicating all this is that I’ve just had a Round 2 interview for a full-time job, which, if I get it, would allow me to quit poker…So, I don’t know, I might only be needing to play for another couple weeks, maybe I just pray this final $300 bullet can carry me through? But I’m not stupid, I know there’s no way in hell I can play well knowing if I lose I can never play again…that’s how I played as a Degen in my 20s, and I SUCKED!)
So anyway, I don’t know what to do. Why couldn’t I have just tripled up yesterday???