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Author Topic: Redundancy/fulltime poker advice please  (Read 8166 times)
toddswain
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« on: November 14, 2011, 10:24:35 PM »

Hey guys, basically ive been an electrician for past 6 years, started like 2 days after i finished school so always been in a job, well obv recession has hit us and im being made redundant at the end of the week. Im actually pretty excited/happy about it in a way, because ive been wanting to play poker for a living for a while anyway and im fully qualified so if it does go tits up, not that i think it will, but i have something to fall back on, and as i live with my mum, she basically said if i quit my job to play poker id have to find somewhere else to live, sigh. So now seems as good a time as any to go for it.

Just wanted to ask ppls opinions on playing fulltime, ive been playing hu cash backed since february and been doing pretty well, had 1 losing month, started at 50nl, and im playing 100/200nl atm and shotting 2/4nl. Whats ppls views on playing for a living and being staked, im unsure wether i should stay with backer or not, im sure alot of ppl gonna say only i will know the answer but just curious.

Also just basically any other advice anyone cares to share. Ive probs not supplied enough info, not sure what else, but if ppl want to know anything that may help me go for it.
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outragous76
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« Reply #1 on: November 14, 2011, 10:30:33 PM »

Could you not do foreigners for cash too?
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« Reply #2 on: November 14, 2011, 10:35:56 PM »

how old are you ?
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paulhouk03
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« Reply #3 on: November 14, 2011, 10:38:42 PM »

dont play backed imo

bum hunt and play on
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toddswain
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« Reply #4 on: November 14, 2011, 10:39:31 PM »

Could you not do foreigners for cash too?

The lads at work have said if i ever need any work they can sort me out with the odd foreigners here n there. Not a fan of doing them though if it can be helped

how old are you ?


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celtic
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« Reply #5 on: November 14, 2011, 10:42:19 PM »

How much redundancy are you getting?
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toddswain
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« Reply #6 on: November 14, 2011, 10:48:39 PM »

How much redundancy are you getting?

Gonna be £1200
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« Reply #7 on: November 14, 2011, 10:56:25 PM »

Could you not do foreigners for cash too?

The lads at work have said if i ever need any work they can sort me out with the odd foreigners here n there. Not a fan of doing them though if it can be helped

how old are you ?


your young no responsibilities best time to give  it a go imo



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celtic
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« Reply #8 on: November 14, 2011, 10:57:28 PM »

How much redundancy are you getting?

Gonna be £1200

ahh, ok, not enough for your own bankroll etc.

I'd say fk it, and go for it imo. Good luck with your mum.
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smashedagain
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« Reply #9 on: November 14, 2011, 11:03:02 PM »

have a holiday. go visit Cos for a week or two and chill out with him. see what the crack is with him and his set up with backers etc. your mum will miss you and when you come back she wont want to kick you out. ps.... £1200 aint gonna last you any time at all. what is that like two weeks wages atm
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toddswain
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« Reply #10 on: November 14, 2011, 11:25:39 PM »

How much redundancy are you getting?

Gonna be £1200

ahh, ok, not enough for your own bankroll etc.

I'd say fk it, and go for it imo. Good luck with your mum.

True, the £1200 wont do much, did manage to have a $8.5k winning sunday last week and have some money saved from my winnings from hu cash+obv the wage ive had coming in, so could have own bankroll if needed
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Simon Galloway
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« Reply #11 on: November 15, 2011, 01:03:28 AM »

did manage to have a $8.5k winning sunday

Play smaller.  Be happy with regular $8.5k winning months.  (obv $8.5k days are better, but just swerve the bankrupting swings and grind out a solid earn) Do it for a year or more, get some proper wedge behind you and then do as you please for the rest of your life.
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Boba Fett
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« Reply #12 on: November 15, 2011, 01:15:38 AM »

Keep a good amount of money aside for life expenses not to be touched by poker, if you still have enough left over to play on your own then go for it, otherwise staying backed isnt a bad option.
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« Reply #13 on: November 15, 2011, 02:54:00 AM »

find somewhere cool to live, pay for ~6months up front, have a bit of life money and stay backed.

the biggest key I've found with playing full time is to keep regular outgoings to an absolute minimum, then if you run out of cash but have a gd backer, its not too big a deal you can just sit and play till you have money again.
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Woodsey
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« Reply #14 on: November 15, 2011, 03:05:52 AM »

Your young, go live overseas somewhere and grind/have fun. Your living costs can be half that of the UK too. There are a tons of threads in the travel section on 2+2 about various places poker players have moved to. Asia is pretty popular, Thailand in particular, but there is no shortage of fun countries you could go to.
« Last Edit: November 15, 2011, 03:08:58 AM by Woodsey » Logged
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