It's a she. And she's 110 lbs.
And extremely intimidating.
She's barking at the back of my head as we speak. I fear.
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How do you handle money in home cash games — collect upfront or settle at the end? (2 Viewers)
- Thread starter odorf
- Start date
And extremely intimidating.
She's barking at the back of my head as we speak. I fear.
PocketFives1
Waiting List
Yeah, always cash upfront
We just keep it in a tub or cashbox and cash out at the end. Saves a lot of hassle, especially if we are having a few beers ha. Players might start 'forgetting' how much they put in
We just keep it in a tub or cashbox and cash out at the end. Saves a lot of hassle, especially if we are having a few beers ha. Players might start 'forgetting' how much they put in
I feel like I am missing a step or something as well.
Always looking for better, cleaner, less hassle ways to do things.
Not sure - I fully get this, but 8 players start a game. Each player has an envelope. so you have 8 envelopes?
then the player puts money in the envelope and someone gives them chips? Who verifies the amount in the envelope matches the chips they are given?
Can player take cash out of the envelope while the game is in progress?
If a player needs more chips, they put more cash in the envelope? and get more chips?
a player leaves the game early, they cash out, they have lots of chips (they profited), they have more chip value than the cash in their envelope ? where do they get the extra cash?
If a player is low on chips, has less chips than cash in envelope, less than what they bought in for, do they only take the cash out of their envelope for the amount of chips?
if so where does the extra cash go? Who double checked the "cash Out" and money in/out of the envelope?
When the remaining players cash out, and you have 7 players counting chips and having envelopes, who reconciles the cash envelope to the chips for each player?
I must missing something, it can't be this complicated? or easy
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Nightowl
High Hand
I only accept cash buy in's up front. Don't like cash app recording my accounting or adding to my taxes. I just keep a small pad that i write down what people buy in for. If they rebuy, i cross out the original buy in and add the current amount they have put in. Been a simple practice, throw the piece of paper out when i'm done.
On payouts, i count and have one other player count as well to ensure we are on point. It has worked out fine thus far. Money in a small lockbox.
On payouts, i count and have one other player count as well to ensure we are on point. It has worked out fine thus far. Money in a small lockbox.
ersmithbiz
Waiting List
If I'm playing a normal 1/1 or 1/2 home game, it is always cash, which I'm fine with, but my bank doesn't have a branch near me to deposit cash so that's the only annoying thing. When I play with my friends we do low stakes with $20 to $50 buy-in and I'm normally host and dealer, so we always use electronic payments because the amount is low and we play pretty casually
Munchies11
Pair
Always cash up front !! We noticed the etrasnfers don’t work as well. Somehow though we always have to make the exception for 1 guy that forgets cash lol never fails
merkong
Full House
I’m unclear on why you have to write anything down.
merkong
Full House
Cash in:
Player gives banker a wad of cash.
Banker counts wad of cash.
Banker gives player a stack of chips.
Player counts stack of chips.
Cash out:
Player gives banker a stack of chips.
Banker counts stack of chips.
Banker gives player a wad of cash.
Player counts wad of cash.
Everyone pisses off and does it again in a week.
Organista1
Flush
It makes it easier to track and lets you know how much should be in the pot. That’s why I write things down, also to be like “damn @merkong dropped $800 last night, make sure he’ll be at the next game!”
merkong
Full House
If the banker counts the cash and the chips and the player counts the chips the bank is on. Always.It makes it easier to track and lets you know how much should be in the pot. That’s why I write things down, also to be like “damn @merkong dropped $800 last night, make sure he’ll be at the next game!”
And that’s the reason we don’t write anything down; nobody needs to know how stuck a player (me!) is.
Seriously though. Our bank has never been short. It tends to be fat because a lot of players either tip at the end of the night in chips and we round down when someone has loose fracs.
Banking!
valleychips
Pair
OP: here's a thread very much on topic: https://www.pokerchipforum.com/threads/bank-a-little-light-at-nights-end-etiquette.137673/
It'll explain how I arrived at accepting cash and e-payments (paid up front, no credit) and why I adopted an auto-tallying spreadsheet. It only slows down the game a little for the host (you get dealt out so others can keep playing) and adds a ton of certainty. I have never had an error while using it. Hope that's helpful
It'll explain how I arrived at accepting cash and e-payments (paid up front, no credit) and why I adopted an auto-tallying spreadsheet. It only slows down the game a little for the host (you get dealt out so others can keep playing) and adds a ton of certainty. I have never had an error while using it. Hope that's helpful
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merkong
Full House
That’s all good but I think the point that some are trying to make is that everything beyond the “cash for chips, chips for cash” method isn’t really necessary. It takes all of 15 seconds to put a $100 in the drawer mid-session between hands and throw 4 $25 chips at someone.
Still not getting it…
Sometimes things go wrong. You're right, cash for chips and chips for cash should work 100% of the time. It doesn't. People are flawed and will make mistakes. Even if bank is perfect, its nice to be able to clearly show why its perfect.
I know you're gonna quote my post and say the same thing again lol.
merkong
Full House
lol no I won’t. It’s just that some players don’t like a record of their activity. Even if the banker ate the slip of paper (all this eating) right in front of them at the end of the night. Poker players…
The house eats the discrepancy. I’m the house and my son-in-law is the banker. If it’s off (never has been) he has to deal with dad lol
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merkong
Full House
And I’m usually stuck… No bueno.
LotsOfChips
Flush
But I bet if I gave her a handful of doggy treats, she'd be my new BFF!
maxim_666666
Flush
Cash only and only forward!!!
I’ve never once managed to get a poker debt back from my wife…
I’ve never once managed to get a poker debt back from my wife…
Yes..but she hits her BFFs....
Jimulacrum
Full House
IMO it's on the banker to eat the discrepancy unless otherwise discussed in advance of the shortage.
In general, I'm not a fan of leaving it open for the game to potentially end with "The bank is short and now all the winners have to take a haircut." In reality, most of the time this isn't going to be a serious haircut, but it's still awkward and can be especially off-putting to new players.
That's assuming the banker is competent, responsible, and attentive. Not all bankers check these three boxes.
If I'm playing in a game where the banker is grabbing cash without counting it, leaving cash in a big disorganized pile, leaving cash unsecured, giving out loans without cash or a clear marker system, allowing players to self-serve their rebuys, getting so drunk he can't function, etc., I'm going to have pretty hard feelings about it if the bank turns up short a bunch of money and I'm getting pressured to make it whole.
Thankfully most bankers are way better than this in my experience, but every so often you get a doozy.
merkong
Full House
When I say the “house” I mean me, the owner of the game. I have never, ever considered passing on the banks shortage to players and would never play at a game where that was proposed. Insanity.
merkong
Full House
Banker trusted and can do basic math.
Check
Bills organized and clipped together.
Check
Cash and chips in a drawer just above bankers privates.
Check
Banker sober as a judge.
Check
Loans? What planet allows that?
Check
Games owner cashing out last just after the banker in the absolute unlikely event there was (never has happened) a miscalculation in order to promote and demonstrate the confidence bestowed on the “forever banker.”
Check
A drunken, unorganized, math illiterate who is borrowing out other people’s money.
Now that’s a scene I’d be avoiding.
Check
Bills organized and clipped together.
Check
Cash and chips in a drawer just above bankers privates.
Check
Banker sober as a judge.
Check
Loans? What planet allows that?
Check
Games owner cashing out last just after the banker in the absolute unlikely event there was (never has happened) a miscalculation in order to promote and demonstrate the confidence bestowed on the “forever banker.”
Check
A drunken, unorganized, math illiterate who is borrowing out other people’s money.
Now that’s a scene I’d be avoiding.
Attachments
Jimulacrum
Full House
I agree about the banker being responsible for it. I'm not a fan of trying to get players to cover a bank shortage, and I'd hesitate to play in a game where that's done, but I'm not quite on the same level as you are about it. (Obviously as more money is involved, I become more and more concerned about this unknown potential obligation.)
You'd be surprised, especially for smaller-stakes games. Usually your long-running games aren't going to have such an issue here because it can kill the game. But sometimes you'll get a more informal setting or a one-off game where the host is just a guy who wanted to play some poker and started throwing chips around. "Don't worry, I'll take care of the bank. How hard can it be? I'm sure it'll sort itself out fine."
I haven't seen it happen many times, but what I just described covers most of them. I don't recall all of them, but in one case it was a friend of mine (who is perpetually drunk and wandering away from the table when he plays) who did the exact thing I described, i.e.,
and ended up short. The one loan he "gave out" was actually to himself, after he saw other players do a loan (with cash trading hands) and decided "Oh, we're doing loaners now." To himself. In a club with an ATM right there.
Bank was only $40 short in the end, but it was a $20 max game, so it was two full buy-ins, and IIRC $40 was exactly what the banker was cashing out. Dude started looking around at the winners like he expected us to cover the shortage after he just ran the most comically irresponsible bank any of us had ever seen.
I hated watching him do it, but I was the next in line to run things, and I'll be damned if I'm going to take over a bank from him.
I don't mind if a person wants to engage in all of these behaviors if I know he will make the bank right if he messes up. That's acceptable. Bank however you want as long as I get 1:1 on my chips and no shenanigans.
bubz_davis
High Hand
Cash for chips, chips for cash. I will occasionally take a venmo but then that person gets reprimanded. I prefer people venmo each other for cash. I try to make it super clear for new people at my game to stop for cash on the way.
No money, no chips. I'm not a credit union...
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