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Claw75
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« Reply #45 on: July 24, 2008, 07:41:25 PM » |
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OK - my inner demon has started nagging at me. Please talk some sense in to me.
As I've already mentioned, I'm in a lot of debt and a significant amount of my monthy income goes towards servicing those debts. On the other hand, I am showing a profit since I've been playing at Luton. Is giving up poker really the answer to my problems, or a potentially missed opportunity to help resolving them?
Part of me thinks that I'm in enough debt already that I'd might as well borrow another few grand to use as a bankroll and hopefully continue to play profitable poker, and use the profits towards my outgoings. The sensible part of me knows that is a foolish idea - I'm supposed to be reducing my debts, not increasing them, and if I have a bad run I'm left in the same position I am in now, but worse, as income from poker is far from guaranteed. I can have the debts cleared in 6-7 years and start playing seriously again then.
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"Arguing with idiots is like playing chess with a pigeon....no matter how good you are the bird is going to shit on the board and strut around like it won anyway"
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matt674
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« Reply #46 on: July 24, 2008, 07:44:45 PM » |
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take the inner demon and wring his neck
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sponsored by Fyffes
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AndrewT
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« Reply #47 on: July 24, 2008, 07:45:43 PM » |
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take the inner demon and wring his neck
Hide your credit cards Matt. |
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Claw75
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« Reply #48 on: July 24, 2008, 07:46:11 PM » |
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take the inner demon and wring his neck
not my preferred choice of words..... |
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"Arguing with idiots is like playing chess with a pigeon....no matter how good you are the bird is going to shit on the board and strut around like it won anyway"
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TheChipPrince
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« Reply #49 on: July 24, 2008, 07:47:20 PM » |
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Depending on the debt, the level of it, that would be my priority, to clear that ASAP... Disposable income and its luxuries go on the back burner, feeling like you HAVE to win when you sit at a poker brings a whole new dimension to pressure
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The harder the conflict, the more glorious the triumph.
RIP- TheChipPrince - $17,165
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matt674
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« Reply #50 on: July 24, 2008, 07:48:19 PM » |
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Only gamble with money you can afford to lose - borrowing more to try and dig yourself out of a hole will only end in more problems
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TheChipPrince
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« Reply #51 on: July 24, 2008, 07:50:27 PM » |
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Only gamble with money you can afford to lose - borrowing more to try and dig yourself out of a hole will only end in more problems
e.g. Marriage, gamble away...  |
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The harder the conflict, the more glorious the triumph.
RIP- TheChipPrince - $17,165
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gatso
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« Reply #52 on: July 24, 2008, 07:52:21 PM » |
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1 simple question
do you have a big enough sample size @ luton to base a decision on?
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If you get to the yeasty clunge you've gone too far
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kinboshi
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« Reply #53 on: July 24, 2008, 07:52:31 PM » |
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Only gamble with money you can afford to lose - borrowing more to try and dig yourself out of a hole will only end in more problems
The monkey talks sense. |
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'The meme for blind faith secures its own perpetuation by the simple unconscious expedient of discouraging rational inquiry.'
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KarmaDope
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« Reply #54 on: July 24, 2008, 07:54:42 PM » |
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Only gamble with money you can afford to lose - borrowing more to try and dig yourself out of a hole will only end in more problems
The monkey talks sense. Agreed. Stop, clear your debts, then start again. If you're that desperate to play...talk to the monkey about a staking arrangement? |
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Graham C
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« Reply #55 on: July 24, 2008, 07:57:00 PM » |
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Don't borrow money to play, it's not the way to go. Start small and build up a bankroll.
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vegaslover
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« Reply #56 on: July 24, 2008, 08:25:24 PM » |
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Gotta clear the debts first
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maccol
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« Reply #57 on: July 24, 2008, 08:48:01 PM » |
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Gotta clear the debts first
+1 |
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Embracing the variance.
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pokerram
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« Reply #58 on: July 24, 2008, 09:24:05 PM » |
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+2
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PocketLady
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« Reply #59 on: July 24, 2008, 09:26:53 PM » |
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Yes I definitely agree. It can be so tempting to think "Just one good night/win and I can solve my money problems" But what if you lose...especially as that can always seem to happen when the pressure to win is the greatest. Luton will still be there in a few months time when things are better.
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