| That’s a really tough call. While I am normally inclined to try and make the “wise” investment with my money, this may very well be a once in a lifetime opportunity to live a dream and possibly hit it big while doing so. Yes I know skill and experience make a huge difference over the course of a professional gamblers career, but, based on a fair amount of previous WSOP winner’s pre-championship credentials, luck and timing can be even more important in the short term.
In all honesty, it’s your father-in-laws money and this may be your best/only opportunity to have someone sponsor you. If you win or even place in the money you would be able to repay him and maybe even keep a substantial amount for you to invest in a home. If you lose it would still be a great experience with bragging rights you could never fully expend.
When it comes down to it, I really don’t feel comfortable advising you one way or the other. You have to make the choice you feel is right for you and your family. I would just remind you that nobody ever achieves greatness without a fair amount of risk – if it were easy or safe everyone would do it and you wouldn’t be able to make excessive amounts of money doing so. Bill Gates was told he would never amount to anything as a college drop-out and look where he is now. At the same time, for every player who ends up in the money there are exponentially more who walk away with $10K worth of memories. We all have to choose our moments in life and this is a choice only you can make.
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"Going to war without France is like going deer hunting without your accordion." - Norman Schwartzkopf
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