Bad November and Going Pro Thoughts
Tuesday, November 23, 2010 at 2:16PM
Baglife

It's Tuesday November 23rd and I might not log another hand for November.  I've already played 170 hours this month between online and live, so the volume has been good.  However it's been a very bad month profit wise.  Online and live for November seemed to hit a brick wall at the same time.

What I'm Making vs Corporate

Since I went pro I've constantly been comparing what I made playing poker per month to what I would have made if I stayed in corporate.  I haven't been obsessively comparing this way, but it's something I keep in mind.  For the month of October I made more than double what I would have at my old job.  This month I made about HALF of what I would have.  Even if I didn't make a dime in November I still would have earned the same amount for October/November combined.

However, the dollar amount compared is just one of many factors.  Besides, poker results are going to naturally fluctuate on a month to month basis.  I'd need 6 months for an honest "What I'm making now vs then".  It's not all about money though.  There are a good amount of advantages to my current path even if I have months where I make less than I would have in corporate for a given month:

1)  My expenses are less. 

Pretty much all I do is play poker.  I don't blow money partying once or twice a week.  I've been taking my roommate out for dinner once a week, I mean that's about it.  Also, my gas expenses have gone down at least $250 per month.  Also, I don't pay $130 monthly for parking anymore.  The casino now gives me free parking.  I also get comped about $300 per month that can go towards free food.  So the money I save on gas, food, and parking (about $680 per month) could actually be used to pay my entire rent monthly.

2)  I feel more in control of my spending.

Even if I have a very down month I can slash my spending and get by only using a few hundred dollars for a given month.  It's a golden rule for whatever you decide to do in life:  simply spend less then you make and you're fine.

3)  I have freedom

The most freedom I've had since college.

4)  I can work hard to give myself a raise.

The sooner I get to 2-5 permanently, the more money I'll be making.  I can also continue to work hard to add more tables and improve online.

5)  New town, awesome experience, and great change of pace.

I feel like I'm doing something most people don't get to experience and it's fun.

Done for November

This weekend went below average live again.  Less than $400 in profit.  1-2 has really brutal below average stretches and I'm in one of them right now.  I still need about +$1700 in profit before I hit my goals and mix in 2-5 games.  Hopefully by January I can clear $1700 more at 1-2, but I really don't have complete control of that.  If I run like November, no way.  If I run like September or October yes it should happen.

Thanksgiving is Thursday, so I'm going to leave town tonight.  I can either drive 3 hours tonight, or 8 if I leave tomorrow.  The choice is mine!  So I'll be taking a break and spending time with friends/family at least until Saturday.  After that I might go to NY a few days.  I'm most likely not playing any online while I'm home.  I have my computer set up in NJ, and don't want to lug around 2 monitors and 2 machines for 3 days.  Besides, this time should be spent with family and friends. 

So I should resume the grind sometime next week.  I'm thankful I have the freedom to take an awesome break.  I'm very happy I planned this out where I don't feel "stuck" or overly stressed even know November royally sucked.  I have enough money saved to absorb bad months for a long time if need be.  Once I get back it's grind-time until Christmas break.  Take care everyone!

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