They do. But in your case and given your history of giving up on absolutely all of them - minus poker, which should be a concern, not a reflection of discipline -, it should be concerning to you.

6bet, you have not shown any sample sizes of succeeding financially in life, on the contrary. As people (that have a sizeable life experience) have pointed, this argument is simply wrong and yet another (cognitive dissonant) justification to pursue the poker dream

I get it. I truly do. I am one of the fews that is really thankful for what poker has provided in my life. And would of also listened to absolutely no f**king one that tried to dissuade me. That said, after a decade being a pro, God am I looking forward to that day where I am a rec player again... Anyhow, I suggest you try listening to the life advice from more (life and poker) experienced posters ITT that chime in trying to help ;

Congrats on achieving the 3 weeks challenge, I am impressed I would of never of thought you could muster enough discipline to make it, tbh. I would still heavily bet against you completing the full 12 weeks as well, so I hope you prove me wrong

That said, try setting more short-term/achievable goals like moving out of your Mom's to practice those skills of yours of being disciplined and providing. If you find an apartment you would eventually like to buy, why not rent it for a year... And also try to remain flexible enough to leave that door open of going back to Uni/pursuing another career (you can learn a trade or do courses online, you know!!!), as when that 100k+ hands of B/E stretch kicks in, I doubt your BR will be able to handle it, let alone your mental (or there of) fortitude. GL

This Dubnjoy-guy sounds like a jelly hater. WTF is this normie rec even talking about?

6bet should print that post out, stick it on his wall and be like "haha" when he's a legend in the australian poker-community beating 200z on mainstream sites and occasionally travelling for poker IMO.

My bro-on-law was doing crappy minimum wage jobs in a regional town at age 30 before he buckled down and finished his degree, which immediately paid financial dividends. But yeah waster OP and his mail order bride know better than everyone ITT, no surprises there.

The thing is, didn't OP actually fail the course and there were no extenuating circumstances? So he won't get any funding/government assistance for another degree. That will be pretty tough. He will have to pay out of his own pocket.

Also, why would you get a cheap place then pay it off immediately? It's not like you can flip an apartment for a ton of profit like you can a house. Interest rates are basically zero. You really need some financial literacy OP.

He's got a GF to consult, no need for book words.

You need to prove income to get a home loan. Income from off-shore gambling sites and non-residents who work casually in the hospitality industry isn't going to cut it.

Of course normie wagecucks can get homeloans for like 2.5% or whatever, but that's for suckers.

Does Australia have trailer parks? I can see 6bet and his girl in a trailer. Possibly an RV traveling the country crushing games and beating 200NL on main sites.

Get regular payments scheduled to your bank and then say you do online consulting as your job.

^^

Might work in the US, but hard to do in the UK (I think Aus is similar, but not entirely sure and can't be assed to check). Also has a major drawback in any country where gambling is not a taxable profession.

The logistics would be hard enough - you'd need to do it consistently over time and involve an accountant to avoid AML regs...but the worst of it, you'd be turning tax free income (gambling) into taxable income (consultancy AKA business income/profit).

It would make no financial sense...if you had the sort of consistent winnings to do this sort of thing (legally) you'd be better of just renting until you could buy a place cash.

It's a double edged sword in countries like the UK...good, no tax (by law gambling is not a profession, established in the 1920's in a UK court). Bad, no tax, no official income, cannot borrow against it.

we have a housing market bubble that could be very close to exploding. to keep this from happening the australian government passed interim lending laws for banks to tighten up their lending criteria. i know this one might sound crazy, but one bank was actually delving through peopls personal debit cards statements, if there were large nominal amounts of cash taken out i.e $300- $1000 etc. near casinos/clubs then that person could potentially lose their loan application.

in another word, from someone who has bought and sold real estate in AUS, and dealt with banks while doing it. 6b hasnt got a farking chance in hell in gettin any sort of loan. even if he had 50% cash down payment. its a no from like 80% of banks.

that coupled with the fact that china are seizing back all the or most of the property bought by chinese people without the knowledge or consent of the chinese governent. so alot of our real estate sits in limbo and empty.we currently have a craptonne of new mortgagees of up to 800k with like 0% equity that are/potentilly about to go bust.

Well if the housing bubble explodes then I'll just buy it outright. Maybe a $160k AUD apartment might drop down to $80k AUD and then I'll swoop in like a vulture.

My first bankroll withdrawal

Today I made my first withdrawal from the bankroll, since the challenge started. I was hesitant to do this at first, but figured it's probably necessary.

My in-laws were having problems with money. My father in-law was struggling to afford food and medicine, whilst my brother in-law and his girlfriend were struggling with food and her rent. My wife asked if I could help out.

So I just transferred $1k AUD (about $700 USD) to my wife's brother in Thailand through TransferWise... I'm trusting you guys that this is safe and not a scam.

I'm also trusting him to share this money with his girlfriend and dad... I know he had problems in the past with gambling, but I want to give him one last chance to prove that he's a changed man and can be responsible with money.

Had to deduct that from the roll. New bankroll is $16,300 USD.

Well at least it wasn't crab meat?

Money transfers to east asia seems like a huge industry. My ex was filipino and I recall seeing advertisements for money transfer companies on TV all the time. Those have large fees?

OP, how long will you continue to support them with larger sums? I thought you and your wife agreed on a set monthly amount that was way lower iirc?

How do you swoop in like a vulture @ 80k with not having 80k?

Can we call op simp yet? He's supporting his GF and their family while having very little money in Australia.


I didn't read much of his previous thread and this one. Any backstory on his GF, also the story about her and the CEO?

Financial advice from a guy who lived (or maybe still does live) in his car

A month ago you and your wife made an agreement that they would only get a couple of hundred a month. And that was it. Food and medicine aren't emergencies. They are a regular expense and unlikely to go down next month. Expect that your wife will come back to you looking for more by July.

Compulsive gamblers aren't "cured." You managed to send it to the least trustworthy family member. Your father in law will never see that money, because BIL will have gambled it away. Even if you decide to send the extra money to the family (bad mistake), don't compound it by sending it to a gambler.

This week is already shaping up as an ominous week for you.

Check back in on my thread and you'll see I'm now living in a penthouse with a gang of tatted up naked chicks smoking bong loads and playing nosebleed poker all night long. And during the day I work as hedge fund manager. So I'm well qualified to give financial advice thank you very much.

Come on man.. You and your wife made an agreement and as soon as they ask for more you roll over no questions asked. How can you continue to stay in this relationship where you are being financially abused so badly?
This doesn't feel much different then women who can't leave the men that beat them.

hell yeah brother. the american dream is real

You don’t trust TransferWise but you trust your BIL? Makes sense

Yes he agreed on a $150 monthly allowance (cba to go back in the thread to find the post, but I specifically remember him saying this). Because prices are cheaper in Thailand, that's probably equivalent to giving an American person a $1k monthly allowance.

That promise didn't last long. The first time they ask for more money, OP gives it to them and simply "trusts" that it will be put to good use lol.

Post #3004 & #2965

Gogo OP , 2+2 has faith in you to make it.