Fish and Chips

A poker themed blog, charting the demise of my degree and the rise of my poker career.


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Sunday, January 08, 2006

Bullet Bitten

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Enough is enough.

I quit.

I'm going to be playing poker for a living for the immediate future.

It wasn't a easy descion, but Mrs. Pink and I, both think that it's the right one. I'm really not at all happy at work, especially since going back after the Christmas and the New Year. This past week I've really not been myself.

I've taken some time to estimate my win rate over the last few months (I've been without Poker Tracker or any other record keeping) based on the amount I've cashed out and a guestimate of the number of hours I've put in. I'm clearly making more at poker than at work.

My bankroll is much more comfortable than it has been over the last few months. I certainly wouldn't have considered this venture without a comfortable roll.

Although I just about have the roll to play the $200 NL tables, my bread an butter will be the $100 NL 6-max tables. A conservative bankroll strategy is going to be paramount.

I need to make $100 a day to equal my current salary, which is more than doable assuming my earn rate estimate is acurate.

I'm going to put in at least 40 hours a week, working week days only. I'm going to get up early and get in 5 hours in the morning while the late night players in the US are still around. I'll take a couple hours off over lunch to go to the gym and then put the rest of the hours in later in the afternoon. I'll also play a couple of evenings every week when Mrs. Pink is working late.

If it all goes tits-up and I get to the point where I can't pay the rent then it'll be pretty easy for me to walk back into a similar job on short notice.

It's not a long term plan, but I hope to be able to carry it through until I get the job I'm chasing. On that front, I'm still waiting for them to take references and the other necessaries. They can't tell me how long it'll take, just that it could be anything from a matter of weeks to a matter on months, before I get a start date (assuming everything checks out).

I plan to finish work at the end of this week, starting playing for real next Monday. In the mean time I'm going to put in as many hours as possible this week in clearing a few bonuses that should help pad the roll and prevent the possibility of a loosing first couple of weeks from hurting too much.

Wish me luck.

Oh, and Happy New Year!

8 Comments:

  • At 9:03 PM, Blogger TenMile said…

    GL Hoss.

     
  • At 12:18 AM, Blogger Ignatious said…

    wow, good luck bro!!!

     
  • At 5:59 AM, Anonymous Anonymous said…

    Well done good sir!

    It had to happen sooner or later - best of luck.

    Yours in the sand,

    Will.

     
  • At 1:24 PM, Blogger Unknown said…

    Nooooo! sell your body!

     
  • At 10:20 PM, Blogger Unknown said…

    WOW! Good luck Pinky!!!

     
  • At 4:43 PM, Blogger Human Head said…

    Best of luck to you

     
  • At 9:44 AM, Anonymous Anonymous said…

    Pink, it's Pete. Firstly, I was highly sceptical of this at one stage but, you sound like you know what you're doing. In fact, obviously you know what you're doing... but, good luck and all. Secondly, I am actually gonna give you a call shortly, I've moved to London for work, we should defo meet up in the near future.
    Laters.

     
  • At 12:48 PM, Blogger Pinky said…

    Thanks for all you good words.

    So far things are going reasonably well. An update is on its way...

     

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