Originally Posted by
KronikBuddha
I'm going to disagree with most of the posters here and say yes, go for it. Just know you will have a good chance of losing your initial $500. But you can try again if that happens.
I would strongly disagree with saving a $20,000 bankroll or whatever some of the other posters suggested. If you were getting ready to do this full time for a job then that would be a different story, but just doing it as a second source of income, then just do it. Start with your $500 and grow your bank with all your winnings, until you are playing with a reasonable risk of ruin. Then preferably, just keep growing your bank, since you have a good job for your main source of income.
I am also an engineer, and I started playing with a $400 bankroll, knowing I had a very high risk of ruin, but also knowing I would keep replenishing that bankroll as much as it took to get profitable. I started with a $5 - $40 spread on a deeply dealt DD game, S17 DOA DAS RSA. I had a very lucky first day and won $750. After my first two months I was up over 10k. I've been playing for two years now and can play a green to black spread with a 1% ROR. I had one day where I lost one-third of my bankroll in a single day (after my bankroll was a substantial size), and if I had been playing off of money I saved from my "real job", I would have quit that day after losing so much. But my bankroll is all profit, so it doesn't bother me so much when I have big losing days. And I recovered that loss with a huge upswing over the next two weeks.
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