Cash Game Do you track all transactions in cash game? (1 Viewer)

Manbearpig

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Hi again, I haven’t hosted a cash game yet and I’m trying to work out the little details. Should I record on paper how much each person bought in for and how many of each chip they requested? Same with rebuys. I’d think so that what I assume would be when cash out time comes, everything can be accounted for, but idk if that’s over the top with friends and family. Just so everyone knows it’s all legit I figured keeping all cash chips, money and papers in this large locking chest I use as a night stand. Too much? Lol idk, how do you deal with this in your home cash games? Thanks in advance
 
The only thing that you need to do is make sure that you are the only one giving people chips, and that you get money for every chip that you give. I have never had the need to track anything specifically and I have never been to a game where they have done that.
 
When a player buys in / rebuys, I take the crisp dollar note* out of his hand and place it in front of me.
I then proceed to count out chips - matching the dollar note and hand those to the player.
I store the dollar note in a glass jar and place it where everyone can see it for the duration of the game.
Never had the bank come up short since doing so.

*It's usually a Euro note but I didn't want to confuse the yanks with our monopoly money.
 
Not for cash buyins/rebuys. But I do write down when someone pays via paypal/venmo so when I'm short of cash at the end of the night, I'm not fumbling around on my phone. I also write down the number of total buy-ins so I know the total number of chips on the table.
 
Hi again, I haven’t hosted a cash game yet and I’m trying to work out the little details. Should I record on paper how much each person bought in for and how many of each chip they requested? Same with rebuys. I’d think so that what I assume would be when cash out time comes, everything can be accounted for, but idk if that’s over the top with friends and family. Just so everyone knows it’s all legit I figured keeping all cash chips, money and papers in this large locking chest I use as a night stand. Too much? Lol idk, how do you deal with this in your home cash games? Thanks in advance

No, I don’t.

If someone buys chips, I do the following:

1) Do not put the cash in the box immediately. Keep it in front of you on the table, preferably with something holding it down (e.g. your card protector.

2) Count out the chips, keeping them in stacks of 20 by denom, with any irregular stacks separated.

3) Double check the cash.

4) Double check the chip count.

5) Push the chips partway to the player and ask them to verify the count.

6) Only once they confirm that they are satisfied, put the cash in the box.

You could, if worried, ask another player to check your counts.

I’m not sure how writing down the buyins per player with chip breakdowns would help anything if you wound up short.

Since the chips circulate on the table, that is not likely to help explain any discrepancy.

If someone were introducing matching chips into the game, it might help you notice an excess of chips in play at the end. But that would not tell you who was responsible.

Also, you should be able to tell that just by knowing how many chips are in your set, with breakdowns.

So I don’t see the point of the note-taking, from a game security perspective. It might be of interest to you personally in tracking who are winners and losers in your game, though.
 
PS.. I consider it 100% my responsibility as host of a cash game to make sure “the box” Comes out right at the end of the night. If somehow I wind up short, it’s because I screwed up, and it’s my responsibility to make it right — unless there’s some 100% provable shenanigans. Even then, It’s up to me to make everyone whole at the end of the night in terms of chips and payouts, and then bring the cheater to justice after.

Going back later to a player and saying, “Hey, I’m pretty sure I gave you $15 extra in chips when you bought in an hour ago” just doesn’t work and makes for all kinds of drama/bad feeling/distrust. Not worth it.
 
In a cash game, I absolutely WOULD NOT record buy-ins of players, no would I play in any game where the host was doing so knowingly. That just strikes me as invasive, or "over the top" as put in the original post.

If cash out is the concern, just having good procedures in place to make sure the chips that come out of the bank match the cash going in and that one person is operating the bank should be consistent. I usually keep the cash on the table as I am counting out the chips and verify the numbers are equal. I also know I should have $2000 in chips + cash in my drawer at all times so I can spot check periodically to make sure.

If the bank is out of balance, then whatever record you keep would also be in question too so the odds of that helping are actually pretty remote.
 
I advise to make a count twice when cashing in and out.
I only keep the record of how much I am in. Other people expenses should not be your problem, it also might be perceived as "nosey".
Get a lock box to keep cash in.
When changing chips from high to lower denominations always check count twice.

Good luck

PS. If you are hosting and keep the bank let people know out the front that you do not provide credit, and never make an exceptions. Otherwise you lose both money and friends.
 
If you are worried about the money being off then do what I did. Build a Point of Sale terminal to handle it.


This cash register tracks all transactions that happens, knows how many of each chip is on the table, and yes I have a few players that want to know how they have been doing so I let it track their transactions, but if someone doesn't ask for it I don't track them.
 
Hi again, I haven’t hosted a cash game yet and I’m trying to work out the little details. Should I record on paper how much each person bought in for and how many of each chip they requested? Same with rebuys. I’d think so that what I assume would be when cash out time comes, everything can be accounted for, but idk if that’s over the top with friends and family. Just so everyone knows it’s all legit I figured keeping all cash chips, money and papers in this large locking chest I use as a night stand. Too much? Lol idk, how do you deal with this in your home cash games? Thanks in advance
If only you handle money and double check your counts going out, it should come back in and be correct. The failure is when too many people handle the bank or you make a miscount. But if you do this correctly, it's a easy task. I always make the buyer recount in front of me to confirm what I counted is correct. We acknowledge it's right, and zero issues.

The two nights out of the thousands I've been bank and I got wasted and didn't follow the process, fucked it up!

@Saoliver was there one of them. So embarrassing.
 
If only you handle money and double check your counts going out, it should come back in and be correct. The failure is when too many people handle the bank or you make a miscount. But if you do this correctly, it's a easy task. I always make the buyer recount in front of me to confirm what I counted is correct. We acknowledge it's right, and zero issues.

The two nights out of the thousands I've been bank and I got wasted and didn't follow the process, fucked it up!

@Saoliver was there one of them. So embarrassing.
1634598326713.gif


I was a big winner that night, so I had no problem covering your mistake. :)
 
The only reason to keep any record of specific transactions is if a player is borrowing money (going on the books). I have a few players that I settle up with by Venmo/PP after the game. So we both write down how much they are in the game for.
 
One person and only a single person is the banker. I hand them the chips from my left hand and grab the money with the right. That’s it.

Always give and receive at the same time so that everyone knows that is the process and it gets engrained into the flow.
 

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