Quote:
Originally Posted by SandraXII
Question for you sicko pros who can actually win money. how concerned are you regularly about being able to pay the rent should disaster strike, or do you have X months rent in the bag whatever happens, do you have disaster plans in place or do you swing by the seat of your pants?
Just asking because my company seems in big trouble (redundancies etc) and I'm looking for options. Being a donkament pro is tempting but also v scary what with the variance and whatwith. I'm pretty sure I am better than a lot of the donkament 'pros' out there today (on ipoker anyway), because a lot of them seem to play really badly (and a lot are just nits).
Thanks!
I would highly recommend an honest full bankroll, plus at least three months living expenses, with the plan to save up to six, before thinking of going pro.
I went pro in July on a short bankroll (I had a full BR, but lost a ton of it in the FTP disaster) and I've been doing fine, but not nearly as good as I would have liked. I vastly underestimated the stress of playing for a living while having to pay expenses out of bankroll... if I was fully rolled I would think this is the best job in the world, as it stands, a few bad days in a row (which happens to everyone, on a pretty regular basis) makes me literally sick to my stomach.
Cliffs:
- Be honest about your skill level (most people aren't)
- Be honest with your bankroll management (most people aren't)
- Have backup savings of 3-6 months just in case you think you're succeeding at the other two things, but really, you're failing without noticing
...and you'll be fine.