Quote:
Originally Posted by nineinchal
This cannot end well...
Actually it can. This isn't the usual "I hate school, I have $3000, I'm moving to Vegas" silliness. This is a guy with an alternate source of income to help support him (his GF), a small track record (not nearly enough), no plans to move to play, 3 months of living expenses plus a small bankroll, and a promised backout plan (easy to get a new job).
It probably won't go the way he hopes, and the risk of ruin trying to do this on a $4K bankroll is high if he starts trying to do $500 2/5 buys. But what are the consequences? He gets a new job he likes better than his old one and he's a few $K poorer.
"I also plan to stay away from the table games except with my pay."
Just Say No. -EV games are the downfall of a huge fraction of wannabe professional poker players. Besides... what "pay"? You won't have a job so you won't have any "pay". Anything you win playing MUST be put back into the poker bankroll--if you try to keep playing $500 buyins with a $4000 bankroll, you WILL go bust eventually. To make this work long term you have to grow that bankroll rapidly at the outset and hope the variance monsters don't jump out from under the bed and eat your bankroll in the first two weeks. Control your spending, *STOP* all table game play completely, and save every possible dollar.
I would do it differently. But then, I'm fiscally conservative.
I wouldn't try to do this with $4K in the roll and 3mo rent in the bank. Drive a couple hours a couple times and play at the distant casino before you quit. If you can snag $800 every session you'll have a real bankroll in a few weekends. Start now controlling your spending and saving every dollar.
If you really hate your current job, get a new one first. Play poker on weekends. I just don't understand this apparent need to dive head first into unemployment before you try to transform yourself into a pro poker wiz.
But if that's what will float your boat, and you're sure you won't be left without a home in the Saskatchewan winter, give it a whirl.
Quote:
Originally Posted by rizasutton
4k fine
Obviously written by someone who hasn't lost 8 of the last 9 all-in's for >50BB they've been in, each time being somewhere between a 12:1 and 53:47 favorite as the money was committed. Variance happens.