Do you think 1k is enough to try to start and go pro?

Forum: Systems & Strategies
Author: [Systems & Strategies] Topic: Do you think 1k is enough to try to start and go pro?
dogunder PM dogunder
Joined: Apr 2011
Posts: 3494
Heard and
              McDonald Islands
 
dogunder
Participation Meter
Posted: 4/18/2011 2:02:59 AM
Any tips/ideas on how to quickly increase the bankroll? 
jv040 PM jv040
Joined: Jan 2009
Posts: 1479
United States
 
jv040
Participation Meter
Posted: 4/18/2011 7:47:58 AM

yes it's enough. there's many systems that do well using  the labouchre line for money management.

also if your willing to pay a service there are a few reputable ones out there,.

Call82 PM Call82
Joined: Dec 2007
Posts: 1107
Germany
 
Call82
Participation Meter
Posted: 4/18/2011 10:28:45 AM
I guess you are kidding with this question, right? Define "go pro"?! Do you mean to live off it? You really have to be kiddin´...
duby PM duby
Joined: Sep 2005
Posts: 1935
Ontario
 
duby
Participation Meter
Posted: 4/18/2011 11:38:13 AM
Maybe if you live in your parents basement for free and have no debt and dont plan to move out for another 5 years.
duby PM duby
Joined: Sep 2005
Posts: 1935
Ontario
 
duby
Participation Meter
Posted: 4/18/2011 11:40:11 AM
Maybe if you live in your parents basement for free and have no debt and plan to live there for the next five years.
duby PM duby
Joined: Sep 2005
Posts: 1935
Ontario
 
duby
Participation Meter
Posted: 4/18/2011 11:41:32 AM
Sorry for the double post, my computer is acting up this morning.
badhank69 PM badhank69
Joined: Dec 2007
Posts: 89
 
badhank69
Participation Meter
Posted: 4/18/2011 12:11:01 PM
maybe 20 k
badhank69 PM badhank69
Joined: Dec 2007
Posts: 89
 
badhank69
Participation Meter
Posted: 4/18/2011 12:11:57 PM
maybe 20 k
canadiantruth PM canadiantruth
Joined: Dec 2006
Posts: 4037
British
              Columbia
 
canadiantruth
Participation Meter
Posted: 4/18/2011 6:58:33 PM
No, 1k is not enough.
Think about it like this.....
You need probably $1500-$2000 per month to live. 
With a 20,000 bankroll, you would need to earn 10%every month, never adding to your original bankroll.   
That is doable, but tough if you hit a bad patch.

It takes insane money management, and discipline.


dogunder PM dogunder
Joined: Apr 2011
Posts: 3494
Heard and
              McDonald Islands
 
dogunder
Participation Meter
Posted: 4/20/2011 5:06:39 AM
2.5k?
kreatture PM kreatture
Joined: May 2009
Posts: 2312
Nova Scotia
 
kreatture
Participation Meter
Posted: 4/20/2011 10:00:17 AM
QUOTE

Originally Posted by dogunder:

2.5k?

You still haven't defined by what you mean "go pro"..

kevnbs PM kevnbs
Joined: Sep 2007
Posts: 89
 
kevnbs
Participation Meter
Posted: 4/22/2011 12:34:32 PM
I would say 2 years living expenses to go pro.

Put one year in the bank and live on it for the first year.

Take the second year expenses and try to double it. If it works you have another year of gambling.

The key is discipline, living within your budget, sound money management and did I mention discipline.

I suggest you get a night job. Handicap during the day. Work nights so your not attempted to chase your bets or sweat the games you have money on. Personally I won't watch a game I have money on, too much stress yelling at the TV.

Good Luck
dogunder PM dogunder
Joined: Apr 2011
Posts: 3494
Heard and
              McDonald Islands
 
dogunder
Participation Meter
Posted: 4/23/2011 1:54:10 AM
I currently have 2.5k to wager with. I will try to double this quickly and go from there.
Forum: Systems & Strategies
You have entered the forum as a GUEST. 
You must login/register to post or reply.