A Massive Decision Looming (6.29.2010)
Tuesday, June 29, 2010 at 6:02PM
Baglife

The beach was once again amazing, but a tease.  Three days of absolute freedom only to be back to my corporate chains and failing poker goals.

I had a discussion with my brother (cell phone) when I was laying out at the beach Sunday.  It ended with: “I’m putting in my two week notice when I get back”.

And here I am, STILL HAVEN’T PUT IT IN YET.  By the end of this week I should have a bankroll worked out going forward for when I do quit.  Not only will I have a bankroll, I will have a back-up plan, and another back-up plan in case I need additional financing during an unimaginable downswing.  And even with all of these epic kick-ass plans in place I’m still understandably terrified.  My win-rate has yet to stabilize online.  There is no evidence that things are going to suddenly change for me.  Furthermore, there is no evidence that hitting Supernova will magically fix all of my "problems".  I think I’m in for a very tough road ahead when I do quit.

I have confidence that everything will stabilize, especially when I’m committing a full 40 hours per week to poker, but yeah I’m a little nervous to say the least.  It’s scary to think about going negative a month or two without that weekly corporate bail-out check coming in.

I think I should at least wait until I hit Supernova before I put in my two week notice.  That was my original plan and I should probably stick to it even know I have a bankroll worked out that will give me a legitimate shot to succeed.  It really comes down to an improved financial safety net against having my freedom back a week or two early.  What is more important?  That is the question I have to answer right now.  The safety net seems like a no brainer, but then again no one has experienced what I have during the last 2.5 years.

I’m going to aim to get all my finances in order and put in the two week notice next Friday, July the 9th (I think).  This would make my last day July the 23rd.  I would certainly have cleared Supernova by then.  And if my current format continues to go terribly I will have the bankroll to switch and adjust.  I can drop to 50NL full buy in multi-tabling and/or live low-stakes NL in Atlantic City.  I’m not going to sit there and bleed 3 grand a month online if things aren’t going well.  I’ll set a monthly stop point and switch formats if I need to.   

That’s really all I have right now.  This is a stressful, sometimes exciting, and somewhat terrifying time for me.  I’ll be looking to put in at least 20 hours of play this weekend, which should be completely feasible with Monday being a holiday.

-bag

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