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  #1  
Old 04-20-2005, 05:41 AM
FieryJustice FieryJustice is offline
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Default Should I quit my job?

Ok...first off, let me tell you a little bit about myself. I have been 4 tabling the $215's for about 6 months although I "seriously" started playing about 2 months ago. I basically decided to start over on Eurobet with a $200 bankroll, working my way up from the $11's. Well, 2 months later, I have a little over $20K in that site. I have not been keeping records of my games until only about 5 days ago, so I only have about 300 sngs worth of stats, although it is obvious to me I am winning.
First 113 games: 30.3% ITM, 6% ROI
next 122 games: 40% ITM, 27% ROI
todays work 52 games: 44% ITM, 41% ROI

I had 11K in my account about a week ago and since playing these a lot, I am up about 10K. Now for the questions...
I am a fulltime student and I also work a $10 an hour job. Basically, working seems quite pointless to me now that I am making significant money whereas before playing poker, I was making like $30 an hour, so i didnt mind keeping my job, as it really is a great job for a college student. I guess it is obvious i SHOULD quit my job, but I am wondering how many games I need to play in order to be sure I am not going to go broke eventually. I know 300ish is not enough at all, but I have played more than that. I have only started keeping records because I realized that I was actually doing well.
Also, I noticed pretty big swings from the 1st 100 to the 2nd 100 games. I am wondering if I should expect sometime in the near or far future to see a huge drop, as in like -20% ROI over 100 or so games. Thanks for your time. Any input is greatly appreciated.
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  #2  
Old 04-20-2005, 05:46 AM
raptor517 raptor517 is offline
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Join Date: Jan 2004
Posts: 7
Default Re: Should I quit my job?

i cringe any time i see a post topic along the lines of 'should i quit my job?' if you have to ask, you probably shouldnt. only you yourself can decide if you are comfortable enough with poker to give up a guaranteed wage. however, i detest working for someone else, and for 10 bucks an hour.. bah, i laugh in your face. you could make more than that in rakeback 4 tabling. a 10 dollar per hour job is a joke. if you dont need the money, and have 20k, working a 10 dollar an hour job is foolish, and you should quit immediately and play poker to support your college habit. holla
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  #3  
Old 04-20-2005, 05:53 AM
FieryJustice FieryJustice is offline
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Default Re: Should I quit my job?

rakeback last month...the one I started with playing $11 sngs and ended up in the $215's, was $2400...work paid out $1500...work makes me sad. [img]/images/graemlins/frown.gif[/img]
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  #4  
Old 04-20-2005, 05:55 AM
raptor517 raptor517 is offline
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Default Re: Should I quit my job?

work is a joke anyway. its just a bunch of stupid people that dont know how to run a business properly paying people that need money as little as possible to do the work for them because they are lazy and rather sit in their office and play sngs and such. bah. i refuse to work a day in my life for anyone other than myself or a partner. holla
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  #5  
Old 04-20-2005, 06:07 AM
gasgod gasgod is offline
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Join Date: Feb 2005
Posts: 492
Default Re: Should I quit my job?

Quit a job to play poker? Sounds good. Yes, I think you should if the job is not a career job. But I think you should still get your degree and launch a 'real' career. You never know how long poker will last.

Scenario: somebody writes a bot that plays poker better than Deep Blue plays chess and sells it on the open market. In a few months, the fish catch on and flee in droves. (er, ... schools) Internet poker collapses, and you have to try to make a living playing live against Phil Ivey et al.

Scenario: a blue-nosed administration succeeds in shutting down internet poker in the USA. Half your market dries up, and you have to leave the country to play. Bummer.

Scenario: Bridge (or some other game) takes poker's place as the "in" game, and you have to start from scratch. Don't scoff; poker did it to backgammon. The public is fickle.

GG
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  #6  
Old 04-20-2005, 06:09 AM
DasLeben DasLeben is offline
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Join Date: Mar 2005
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Default Re: Should I quit my job?

You turned $200 into $20k? Damn, give me some of what you're on. [img]/images/graemlins/grin.gif[/img]

Seriously though, I've toyed with the idea of being a pro at some point. My game has a good ways to develop, and my bankroll needs to grow, well, exponentially. The interesting thing is, I'm graduating a 4-year university with a BS degree next month in Aeronautical Science. I'm a licensed commercial pilot and flight instructor.

But, entry-level pilots make something in the range of $18k/year. Yes, that's it. We're underpaid, overworked, and have a great deal of responsibility. For what? To eat ramen every night? Yeah right. I'll tell you one thing: If I could go pro right now, I'd do it in a heartbeat. But, I also don't ever intend to do that for the rest of my life. Eventually I'd like to go fly for an airline and go lead a so-called "normal" lifestyle.

To sum things up, I think going pro is a great idea if you have something to fall back on, or if you have something bigger that you're working towards.
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  #7  
Old 04-20-2005, 06:19 AM
curtains curtains is offline
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Default Re: Should I quit my job?


Raptor is one of the great philisophers of the 21st century.
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  #8  
Old 04-20-2005, 06:23 AM
David100 David100 is offline
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Default Re: Should I quit my job?

out of interest, what is your nick when playing?
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  #9  
Old 04-20-2005, 06:26 AM
Mr_J Mr_J is offline
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Posts: 639
Default Re: Should I quit my job?

If you are responsible, then sure go for it. I didn't have a 'real' job before picking up poker (counting => online casinos => sportsbetting and now poker, I've only stopped sportsbetting for the moment since my BR took a big hit and it's more +EV to just focus on poker right now).

As long as I make a decent chunk of money off poker then I have quite a few outs. I can't see myself not making a decent chunk off poker as long as I put in the hours and focus.
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  #10  
Old 04-20-2005, 06:33 AM
Degen Degen is offline
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Default Re: Should I quit my job?

he described what i do pretty well

i sit in my office and pay my employees to do a bunch of stuff i could be doing if only i'd get off my arse and stop playin so many sit-n-go's.


Degen
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