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 Originally Posted by Pasta
Originally Posted by spoonitnow
Originally Posted by Pasta
...Do you want to? Are you psychologically capable of relying on poker to pay your bills? Can you handle multi-tabling 30-70 hours a week? These are all good questions, but they have nothing to do with the value of X.
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All of these questions have EVERYTHING to do with the value of X.
I respectfully disagree. Either your ready to make a living play poker, or your not. If you can double your current income playing 25NL, and you are mentally ready, then bankroll is irrelevant and expenses are irrelevant if they are less than your current income. You can get sufficient credit to sustain any initial downswing from any credit card company, and even if you end up paying 5% in interest and penalties, you will be way up vs. your day job after the first 3-4 months.
This response reveals a bit about your misunderstanding, and I'll try to explain the best I can without coming across as condescending.
We are starting out with only 44 buy-ins. This by itself creates a situation where we are almost doomed to fail, especially since moving down to 10nl will not be an option. If you were in a similar situation at 100nl and had $4400 making $20/hour, then this would be a bit more reasonable since you have 50nl and even 25nl to fall back on if you start losing. Also, if you don't think 40+ buy-in downswings would happen, for whatever reason, then don't even bother replying to this because you won't like what I have to say about it.
Earlier I said that any discussion that involves paying anything with a credit card is doomed to fail, but it seems you've completely disregarded that statement without much consideration. If we break even for the first two months, for example, then we are fucked much harder if we paid everything with a credit card than if we paid it out of our bankroll and now have to get another job.
You suggested that whether or not Hero is psychologically ready to play poker as his or her primary source of income is irrelevant to the value of X. This statement, combined with how you've slipped in some post-whore like behavior in this thread, has led me to believe that your account is likely a spammer account just waiting to spring a leak or ploy on someone.
Edit: Oh wait. You said bankroll is irrelevant. On the one hand, I'd like to respect your autonomy enough to give a serious response to this. On the other hand, it's the most retarded thing that I've ever seen in this particular portion of the forum, and it completely undermines your argument as being unsound and you as having no idea what you're talking about.
To be sure that it wasn't just me, I asked someone in IRC about your credit card statements. Here is what he had to say:
(6:49:18 AM) fatb: Why? As long as your minimum win over a month is at least X+2% or so, then even if you have a few bad months in a row you will be able to pay off your credit card every month.
(6:49:21 AM) fatb: lol
(6:49:28 AM) spoonitnow: thoughts?
(6:49:29 AM) spoonitnow: :P
(6:49:41 AM) fatb: let him play and find hes sn imo
(6:50:02 AM) fatb: then you can read about the guy who comitted suicide after hugde gambling dept at hes cc
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