I'm seriously contemplating taking a year off uni to play poker. Let me tell you a bit about myself:
[ Stuff ]
This is do as I say advice, not do as I do. Yeah, you hear about that guy who quit that dead end job to count cards at
blackjack, or who bought in for $50 at some on-line
poker site, and never looked back. It happens. Then, again, you can also hit the lottery. Not. Too. Likely.
Been there; done that. It ain't easy, by any means. Your landlord wants his rent, the finance company wants your car payment, your pets demand to be fed --
none are going to be the least bit sympathetic about last month's worth of runbad. They also have bills to pay and mouths to feed. Trust me on this: you
will be meeting Vera Variance, Lady Luck's uglier, meaner sister. Vera will grab onto your 'roll and she won't let go anywhere near soon enough to suit you. You need to be sufficiently rolled to weather the inevitable runbad, as well as the fortitude to play through it, all without tilting. Much easier said than done, and there are a
helluvalot of players who would have been successful, but they couldn't handle the tilt factor.
There are other problems not related to Poker as well. Live in a
gambling town and you are sure to meet all sorts of the wrong people with all sorts of bad habits waiting to drag you down into the gutter with them. Can you resist temptation?
"I work roughly 20 hours per week at a fast-food job which pays almost $20/hour".
Fast food jobs suck, no question about it, but it's still a steady income. Can you play high enough to make $20/hr from Poker? Doesn't sound like it to me.
"So basically: my workplace alone can cover all my living expenses, and that's excluding the money I get from my parents, the Centrelink benefits (welfare) I get from the government and the income I would make from poker".
Will your parents understand? They're paying for a university education, not for you to play Poker. How about Centrelink? Will these bureaucrats understand? Here in the US of A they are cracking down on welfare and gambling. These bureaucrats won't care if you're spending the taxpayer's
$$$$ on
slots, Craps, or Poker buy-ins. Protests that you're +EV will fall on deaf ears. They neither know nor care. As far as they're concerned, it's all "gambling", and they won't permit it. Live on the taxpayer's dime and the taxpayer has a say in how you live. What if they cut you off? Can you get along without their assistance?
"I'm currently studying Actuarial Science, which is similar to Finance but involves a lot more maths and statistics and can lead to jobs at insurance firms, at superannuation firms and at investment banks, all of which pay well".
Damn good reason to stick with it. Maybe you're the next David Sklansky, Stu Unger, Chip Reese, Doyle Brunson, Bobby Baldwin, then, again, maybe you're not. If it turns out you're not, you will regret very much not finishing what you started. Of the players mentioned above, only two planned on a Poker career: Unger and Baldwin. As for Unger, he couldn't resist the temptations I mentioned of living in a gambling town and he developed a raging drug habit that ended his career and life. As for Baldwin, he got broke repeatedly. So did Brunson. The only one leading a charmed life was Reese.
"In terms of poker: I learnt the rules of poker 12 months ago..."
Way, way,
WAY to soon to be dreaming of playing professionally. You don't have a clue as to just how tough that is. You can master Blackjack in a year, but there's no money to be made there anymore these days. Counters chase games across the country and world, burn them out, all for fractions of a percent +EV. Poker is far more complex, and can't be mastered in ten easy lessons. A hundred hard lessons may not be enough.
"I want to play poker 7 days a week and become the best I can possibly be".
There's no rush, and there are no shortcuts. If you're still getting strategies from books, then you're not ready. That'll keep you alive as a break-even to slightly +EV player against rec-fish while you develop your game, but that's all. You need to be able to develop strategies on the fly to exploit the individual weaknesses of your actual villains. There is no substitute for experience.