Bankroll - What Do You Do With It? (1 Viewer)

As the main host for my friends for over 20 years, I always used it to upgrade my game. New chips, new tables, more chips, new chairs, decor, chips again lol.

But right now after not hosting or playing a live game in nearly 2 years, I've emptied my chip fund and I'm also selling chips here and there to fund a golf simulator build in my garage.

I've got chips going out tomorrow that will probably turn into a nice hitting mat.

It's something fun the wife and I can do together, and we can even have our best friends over.
 

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MrCatPants said:
My #2 here has grown to nearly 100 cash buy-ins (not my small stakes home game, but the stakes I'd play in a casino or card room.)

Those of you who have been in that range (or never let it get to that range), are you just moving certain money into your "normal" money like a bonus would be treated? Or are you continuing to keep it separated?

If separated, are you somehow investing it? Or keeping it liquid?
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100 buy-ins is crazy...I think you should cap it at 20 or 30 max. If you don't really have anything in mind to do with the rest, buy yourself something nice that you wouldn't normally buy, buy your wife something even nicer, take the family on a trip and whatever is left over treat it like a bonus and put it in your normal account or invest it in some stocks or crypto. The way I see it, this is money that you shouldn't have anyway...so might as well be risky with it.

My advice is worth 1 buy in. See, I'm helping you spend it.
 
IaHawk said:
100 buy-ins is crazy...I think you should cap it at 20 or 30 max. If you don't really have anything in mind to do with the rest, buy yourself something nice that you wouldn't normally buy, buy your wife something even nicer, take the family on a trip and whatever is left over treat it like a bonus and put it in your normal account or invest it in some stocks or crypto. The way I see it, this is money that you shouldn't have anyway...so might as well be risky with it.

My advice is worth 1 buy in. See, I'm helping you spend it.
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Microstakes at best. Remind me to punt 5 bucks your way this week :)
 
When we played every week back in the 2010 time I used poker winnings to buy chips
Most all Of my racks and sets was from poker winnings
I used to have a picture of everything before I spent most of it and quit playing when our game broke up after so many people moved.
 
Personally just use it as side cash I can buy stuff I want with. This is mainly stuff to upgrade my home game personally, so it's always nice when it grows.
 
Reviving this old thread. what do you do with your dedicated poker bankroll when you don’t need it on hand (aka cash), but want to keep it parked for later access?

I don’t need most of my bankroll day-to-day and currently park about 2/3rds in a savings account.

What better options are others using?
 
dmoney said:
Reviving this old thread. what do you do with your dedicated poker bankroll when you don’t need it on hand (aka cash), but want to keep it parked for later access?

I don’t need most of my bankroll day-to-day and currently park about 2/3rds in a savings account.

What better options are others using?
Click to expand...
I keep mine with @MatB and then occasionally ask him to peel me off a few hundo at a really low interest rate when I need it.
 
So I made some changes to how I handle this - not saying right or wrong - just what I did.

I maxed out a purchase of I bonds last year with it, and then moved another chunk of it to a brokerage account and set up some laddered CDs. Kept ~15-20 buyins worth in savings and or cash.

Figure I'm at least earning some income in a low/almost no risk way off it rather than just keeping it under a mattress, and with the laddering if I ever decide I want to shot take in a big tourney or something I'll always be pretty close to having an amount free up.
 
Probably not super ideal for bankroll building, but I always keep the large bills in my bankroll in my safe and the extra 20s and below just go into the wallet to spend. Generally my poker money doesn’t get too low unless I need to infuse it into a big purchase.
 
Here’s a gambling secret;

When you have a big win buy something nice. A new set of golf clubs, new poker set, nice vacation. Enjoy it so you don’t give it all back.

When you lose, also buy something nice and just convince yourself you overpaid for it.

Win or lose, it’s a win win.
 
I just keep a wad of cash as my bankroll. If it gets bigger, great I have more buyins. If it gets smaller, as it has been recently, no problem.

I play for fun and really if I can break even long term I'm really content to do so. If I end up on a longer upswing I'll probably just buy more chips with it.
 
It all goes in the metal box in my poker drawer.

My players know that I call it their refund box, I just keep it warm for them to come get it back.

If they can…
 
I (and everyone else at my game) give it to one person to look after...only 9 games in, he can't run good forever, probably only 1800 hands so far...it is a bit alarming though.

1680715150339.png


Other than that, it goes into Crypto, chips, sports betting, nappies, toys for the boy, house repairs...the list is endless!
 
My bankroll basically funds my setup. So far it has covered my CPC cash set, CM tourney set and secondary/travel cash set, new table felt, racks, cards, other misc. Next big buy is a gorilla table.

It also serves as my change bank which I aim to keep at 10 buy ins ($1k) worth of mixed bills.

Occasionally I'll use $1k or so to hit a blackjack table.
 
I bought a bike and washing machine from poker profits.
Used to keep a roll of high denomination inside plastic can for tennis balls.
For some reason I thougt that was cool.
 

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