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Old 03-02-2005, 09:06 PM
aflaba aflaba is offline
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Join Date: Nov 2004
Posts: 404
Default Taking one year of collage?

Hi OOT:ers, I'm asking for your opinions.

I'm thinking of taking a year of collage to play poker. The reason is I fear my potential hourly rate will decline with time.


*The USD may go down a in value. There is a lot of speculating about the USD going down in value and no speculating about it going up. A weaker USD means lesser earninngs in my currency for me.

*The games get even harded. The SF% avarage of Party 15/30 has gone down a lot from 32% when I first started datamining in autumn. I guess it has been even higher previously. I'm convinced the games are getting harder.


That is what I win by taking a year off. And I lose nothing. Other than the obvius that I'll graduate one year later. That I have no problem with, I'm still one year younger than most of my pears - the reason being most swedes take a sabbatical after high school, I didn't. I'm 100% sure that I'll go back and finish my education later.


For the sake of discussion let's assume my true hourly rate is $200/hour. This is more than I can see myself earning ever later in lifewithin my future profession.

If the dollar declines with 30% and the games earning potential falls by 20% during this year then, in one year I'll be making

1*.7*.8 = 56%

of what I make now. I feel I ought to put in the hours now when my potential hourly rate is the highest. My time will be worth as much to me in a year as it is now. I feel I better spend as much of it when I get as good a price as possible for it.

What are your thoughts on this?

thanks

EDIT: Let's say in the long term, repeating next year over and over again, my potential profits in one year wouldn't drop to the catastrophic 56% but rather a long term avaradge of 70%. That's still a big loss.
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