Leave work to play poker!!

naitutreaba

naitutreaba

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hi guys!
did someone just left his work and start playing poker?i'm thinking about it(i do have the option to come back at work after 3 mounts),starting with a nice bankroll around 700$,but i would like to know some opinions?because i know working is takeing to much from your time...i would like to do this starting with November!
 
acidburnfx

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If you have consistency to play your game, considers the earnings be sufficient to pay your expenses and open for bad moments too, why not?
 
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dejan85

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my friend did,his work is poker ,he play 9-10 ours every day,and always positive balanse at the end of mounth....
 
quick

quick

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Sounds risky. What game types/stakes do you plan to play with a small $700 BR? Do you have extra money in savings for bills, living expenses, emergencies? Will you be provided with a written signed agreement that if you leave your place of employment that you have a job to return to within the 3 months time frame.

I have a small roll like yours and play 1/2 live which yes is outside safe BRM but I can top it off in small amounts if needed. Online I follow pretty strict BRM generally playing $25 NL FR, occasional $25 Zone, and MTTs between $7 and $11 with very rare occasional shots. I also am full time grad student and have small other sources of income for bills.

See if you can work part time while trying this shot and/or save up more money.

If you play a tight style at 1/2 live I think $700 can be ok to cautiously build up a roll but for me at least my 1/2 live playing funds my online MTTs and attempt to diversify my poker playing skills. Even then I wouldn't consider pulling money out of my roll for living expenses (for emergencies or short term cash flow yes) unless I had at least 10 for 1/2 live which would give me a huge cushion for online play as well. If I went to play live multiple times a week I would want at least 15 BIs for live. My priority is protecting my roll from the swings and increased amount of hands you see online, not too worried about live at 1/2 but that's just me.

Definitely not uncommon online to go through large streaks of MTTs without even a min cash, nor is it uncommon to drop 3 BIs in an online cash game in a single session.
 
John A

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Add AT LEAST another zero to that BR and then maybe consider it. But honestly, you should have more like 30k+. Even if your expenses are low... $700? mmmm
 
thetick33

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from 2006 - 2008 i played online poker and paid all my bills house car food. I had 50 sites with money on them. There were tough times though I had no choice was laid up medically. Had no other resources at the time. Its a tough road.

I would suggest you take time prove you can make enough before leaving job etc.. Also you have to have very tight bank roll management and other rules or you imho will fail miserabally.

I tell anyone ive ever met all dreams are possible ive ran own business been with millionaires when at one point i was on street. You really have to have life lessons people skills even in online poker. I can tell you I know people here in florida who made over 1 million before the poker doors pretty much shut with the govt intervention. I know of 2-3 of these guys who are now broke and going back to college.

These are guys that legit won 1 million dollars in poker in tournaments and had stats to show it. Why did they fail? To me they were not ready for it at that time and didnt have the full skills needed to run a business and keep the money they made or maturity etc..

Is a big decision yes can be done but plan it all. Make very stringent rules to follow. Plan each step take notes and dedicate what you can to it but also know you need absolutely need the other parts of life to meet with the poker world in order to be and maintain success.

Anyone can get lucky hit the lotto to maintain learn and develop and keep going is very very very hard. Most dont do it right is why you see poker players broke who had millions:)
 
Funbagins

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$700 is not a nice bankroll to quit your job and play poker full time, sounds more like a huge gamble to me. One bad downswing and your broke.
 
naitutreaba

naitutreaba

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hi

$700 is not a nice bankroll to quit your job and play poker full time, sounds more like a huge gamble to me. One bad downswing and your broke.

so way everyone gives those advices-play freerolls to make a bankroll???you think that you can do a nice Bankroll from freerolls?i think if i will have a 700$ and playing Mtt-s 2$,3$ buy-in i will be fine..of course i'm gone play on PS..and you right one downswing and a lot's of players will be over..
 
naitutreaba

naitutreaba

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from 2006 - 2008 i played online poker and paid all my bills house car food. I had 50 sites with money on them. There were tough times though I had no choice was laid up medically. Had no other resources at the time. Its a tough road.

I would suggest you take time prove you can make enough before leaving job etc.. Also you have to have very tight bank roll management and other rules or you imho will fail miserabally.

I tell anyone ive ever met all dreams are possible ive ran own business been with millionaires when at one point i was on street. You really have to have life lessons people skills even in online poker. I can tell you I know people here in florida who made over 1 million before the poker doors pretty much shut with the govt intervention. I know of 2-3 of these guys who are now broke and going back to college.

These are guys that legit won 1 million dollars in poker in tournaments and had stats to show it. Why did they fail? To me they were not ready for it at that time and didnt have the full skills needed to run a business and keep the money they made or maturity etc..

Is a big decision yes can be done but plan it all. Make very stringent rules to follow. Plan each step take notes and dedicate what you can to it but also know you need absolutely need the other parts of life to meet with the poker world in order to be and maintain success.

Anyone can get lucky hit the lotto to maintain learn and develop and keep going is very very very hard. Most dont do it right is why you see poker players broke who had millions:)
TY mate!
 
naitutreaba

naitutreaba

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so what i get is that 700$ is a small bankroll..i guess is f..king small then :)
 
BlackJesus

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No, it is a large bankroll, if you manage it right.

But leaving job to play poker really is a BAD idea, unless it is proved in practice that you can earn more than lose several months straight.
 
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GeorgeF1234

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If you have the option to come back, no questions asked, then why not? Maybe you can see whether it's something you want to continue doing
 
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kevinmarkus

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It's tough... Income is a guaranteed thing day to day where as your luck can fluctuate playing poker. I'm sure it crosses a lot of peoples minds when people begin playing poker more competitively. But then again, anyone who plays will never turn down steady money!
 
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jwlaw35

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I don't suggest it lol $700 I would think is a recreational poker players bankroll. I personally am a micro stakes player and what I figure is time invested at the tables compared to what I make working per hour.. so if I walk away $40 richer at the poker tables but it takes me 7 hours to do so I would have been better off working with no risk to lose of money,
 
naitutreaba

naitutreaba

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i just took a look closer..and to go pro you will need at least 10K...so 700$..is just to have a bit of practice...
 
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CallmeFloppy

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I certainly would not quit a job to play poker with a $700 bankroll. My bankroll is much larger than that and I don't feel its adequate to play how I'd like to recreationally.
 
PapaC

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naitutreaba how much do you make a week working on your job? I almost have the same BR as you do. and I have to let my BR tell me what I can and what I can't play. This has saved my BR several times, because as my BR goes down I go down to a lower level until it goes back up. You are going to have ups and downs. The ups are great, but the downs can be really bad. Knowing when you are on a downswing can help you save your BR. Another thing that will help you from the start. Don't start playing at a level that's to high for your BR to handle. Right now I play at 10nl and not any higher than $3 MTT buy ins. And even if you want to play higher, I sure would not go any higher than $25nl and $5 MTT buy ins. GL to you
 
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I think $700 is a good place to start, but definitely NOT enough to quit your job. Figure out all of your living expenses for a month (rent, food, utilities, car, etc.) add at least $1000 to that, and that is what you would need to average per month even after a few bad runs. If you want to test yourself out, I would spend the next 3 months working your normal job and devoting 75% of your weekend time to playing poker and track your progress (win/loss ratio). I think it is a tough road, but some people do well with the grind. Gl!
 
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wilTurkey56

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I've often thought If I was out of work not by choice then I could make a go of this, but with a very simple strategy. But it seems too easy (I'm sure it's not)

But if I were to play sit n go double or nothing and set myself a target of £60 a day ($100??) then quit this would see me living comfortably. So play £20 dym and just win 3 more than you lose (obviously there is reg to consider)

So some days I could do an hours work, others could take 8 hours but I'm sure I can win more than I lose. These dym games really suit my play
 
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Ac3 Meister

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I dont thing that is a solution.Poker was meant to be fun and designed to entartain with the chance of winning some money.Dont rely on luck to win .Even the best players dont win consistently so transforming it into your job is n worth it.It s too risky and can cause depression.
 
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VelosoG7

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Depends

Well, I know a guy who has been paying his college for more than a year just playing poker. He starts with $20 and now is making $15 000 per year. He plays at least 6 hours a day in 3-8 different tables at a time. But you have to be careful and emotional strong, because you will always have bad moments. Do what you love...Peace!!
 
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