Cash Game Cash Game till? (1 Viewer)

[GoStumpy]

Hosting a game this Saturday, and one thing I am not sure about is when players stand up and cash out, they are not going to have nice round numbers like 20 or 50 dollars like they bought in wth, so the pot will be full of 20's and 50's but no fives, tens, and change..

What do you do about this?

Thanks!

 

[ruskba]

As the host, you should have plenty on hand. Buy in for small bills yourself and keep a stash to facilitate cash outs.

 

[manamongkids]

Hosting a game this Saturday, and one thing I am not sure about is when players stand up and cash out, they are not going to have nice round numbers like 20 or 50 dollars like they bought in wth, so the pot will be full of 20's and 50's but no fives, tens, and change..

What do you do about this?

Thanks!

Bring your own change?
Go to the bank or convenience store, ask for $100 in 2 $20's. 3 $10s. 4 $5s and the rest $1s

boom problem solved.

 

[churlbut18]

As the host, I would simply go to the bank the day of and get change. Depending on stakes, maybe a $100 in $1's and $5's should allow you to make whatever change is needed.

 

[links_slayer]

+1 to the host/banker buying in with small bills. I usually buy in with $1s, $5s, and $10s (plus a few quarters for the nits that don't round down........)

 

[GoStumpy]

ahhhhh see, that's why I posted this Never thought about getting change for my buyin and buying in with a ton of little stuff... that just makes sense!

I was thinking I would have to provide a float of change...

Thanks!!!

 

[detroitdad]

+1 to the host/banker buying in with small bills. I usually buy in with $1s, $5s, and $10s (plus a few quarters for the nits that don't round down........)

I used to keep quarters on hand for just this reason. Nobody every took my up on my offer to cash them out if they were leaving with .25 through .75. I finally just stopped keeping them in the bank.

ahhhhh see, that's why I posted this Never thought about getting change for my buyin and buying in with a ton of little stuff... that just makes sense!

I was thinking I would have to provide a float of change...

Thanks!!!

If my buy in for the night is 100 max. I will put 200 in the bank all in ones, 5's, 10's, and 20's.

 

[Chicken Rob]

We have a $20 buy in .05/.10 game. We cash out to the $5 level. All exra above that is flipped for. Sometimes this starts multiple flips at various levels at the end of the night.

The flips are simple high card wins, you get a card for every .10 if we're flipping for the last $5. Suits are ranked.

 

[DrStrange]

I keep a separate stash of small bills just for paying out at the end of the night. I put $100 extra in the cash drawer to start - 4 x $10 bills, 8 x $5 bills and 20 x $1 bills. I buy in my first time with twenties (just in case). And I keep about $300 of additional change as part of my bankroll.

My goal is to never ever run out of change to facilitate cash outs.

 

[pltrgyst]

I keep a separate stash of small bills just for paying out at the end of the night. I put $100 extra in the cash drawer to start - 4 x $10 bills, 8 x $5 bills and 20 x $1 bills. I buy in my first time with twenties (just in case). And I keep about $300 of additional change as part of my bankroll.

My goal is to never ever run out of change to facilitate cash outs.

Same here. I go to my bank and get $100 in ones and $200 in fives, to use as needed. There's no need for $10s, ever.

 

[mummel]

Not to hijack this thread, but talking about cashing out, how do you guys make sure the bank is never over or under. Our games are always off, always. Its probably because everyone is whiskey deep swinging by that time of the evening (including me, the banker haha).

Are the any tricks or tips, like cashing out the largest chips first, or the largest notes first, or getting a 2nd person to count everything, or something along those lines?

And to answer OPs question - I just get $1s from the bank and buy in with small denoms.

 

[Chippy McChiperson]

Not to hijack this thread, but talking about cashing out, how do you guys make sure the bank is never over or under. Our games are always off, always. Its probably because everyone is whiskey deep swinging by that time of the evening (including me, the banker haha).

Are the any tricks or tips, like cashing out the largest chips first, or getting a 2nd person to count everything, or something along those lines?

And to answer OPs question - I just get $1s from the bank and buy in with small denoms.

1) Have one person handle the bank.
2) Have that same person handle all the chips.
3) Have that same person remain somewhat sober.
4) Take some math lessons.

 

[mummel]

1) Have one person handle the bank.
2) Have that same person handle all the chips.
3) Have that same person remain somewhat sober.
4) Take some math lessons.

#3 is the problem me thinks....

 

[Chicken Rob]

Have someone double count both the chip stacks getting cashed in and the cash going out.

 

[justsomedude]

I think 100x$1s is excessive.

Granted, I used to do the same (have a wad of singles in the money box) when I first started hosting, then realized it was pointless. Just do the math...

If you're just running one table with 10-12 or so buyins, the worst case would be every single player needing 4 singles at cash out. With 12 buyins, that's 48 dollars. But the odds of that happening are slim. A $36 cash out can be done with one 20, one 10, one 5, and 1 dollar bill. A $78 cash out can be done with three 20s, three 5s, and 3 dollar bills. And don't forget, some folks may have 5s and 1s they can give you back as change.

I buy in with 40 singles which has always been more than enough to manage my single table .25/.50 cashouts. I keep one roll of quarters in the money bag for the nits, and have about 8x$5s and a few $10s on standby.

No need to go crazy loading up on odd bills in your bank. The $20s people bought in with will be your most used bill at cashouts, the 5s, 1s, and quarters will take up most of the slack. If you do get 100x$1s, you'll be surprised by how many you have left over at the end of the night.

 

[abby99]

Have someone double count both the chip stacks getting cashed in and the cash going out.

Yup. It's the poker-bank equivalent of "Measure twice, cut once."

 

[doakwolf]

(plus a few quarters for the nits that don't round down........)

Hahaha, as the host I just enforce rounding down and remaining quarters go into the next pot (or if we're wrapping up it's a rake for me for all the beers that got pinched from my fridge during play!)

As for the second point - yeah, I ask my players to count their own and then I give it a second count. I'm the only person handling cash-ins and cash outs at my games. If there was a discrepancy between their initial count and my count, I'll do a 3rd count but that's not often required. We get drunk but not that drunk.

I keep one of these on hand with about $150 in small change so I never even have to think about it prior to the game.

 

[AWenger]

When I host games, I'll put together a packet of small bills ($1s, $5s, sometimes $10s), usually between $40 and $80, put a binder clip around it, with a post it note how much is in the packet. I'll use that packet as part of my buy in.

Then, when people cash out, if they don't have extra $1s or $5s to make even $20s, I'll break into the binder clip bills. Although many players (esp. players who are up on the night) round down to even stacks and give their extra chips to the house, to pay for soda, drinks, snacks.

If I don't need to use all the binder clip bills, I'll just keep it together for next time I host. If I get stacked the last hand of the night, I'll buy back most of my small bills with $20s.

 

[links_slayer]

Not to hijack this thread, but talking about cashing out, how do you guys make sure the bank is never over or under. Our games are always off, always. Its probably because everyone is whiskey deep swinging by that time of the evening (including me, the banker haha).

In every game I've played at the banker (usually - but not always - the host) is responsible for the bank. That means he is responsible for eating any losses if he miscounts any stacks at cashout. The banker should also be the last to cash out.

 

[Chicken Rob]

In every game I've played at the banker (usually - but not always - the host) is responsible for the bank. That means he is responsible for eating any losses if he miscounts any stacks at cashout. The banker should also be the last to cash out.

Quoted because I could only like it once.

 

[Mental Nomad]

I'm generally the banker when I host... but here's what makes the bank right:

1. Don't count twice; you'll just make the same mistake twice. Have someone else count and verify.
2. Have someone else verify your cash count as well as your chip count while both are on the table and readable - don't assume either is error-free.
3. Make sure to have cash and chips verified on all cash-ins as well as cash-outs... being careful on cash-outs won't save you if the error was already made coming in.
4. Never allow a three-way including money/chips changing hands between two people, paying for food, whatever. Just single transactions, cash for chips, and chips always match the cash. All other shenanigans can happen after the cash and chips are right.
5. When you have a really simple buy-in and you're absolutely sure and the game needs to keep moving... still stop and insist that someone else verify your counts, and make sure they really add it up. Despite having been a professional dealer/floorperson in the past, I still make mistakes!

 

[mummel]

TY for the tips. Seems like a second counter may solve most of the problems, unless we're both shtfaced.

 

[DJ Mack]

Saturday's a little short notice but since I host once a month or every other I've gotten in the habit of taking excess low denomination bills out of my wallet at the end of the day and putting them in my desk. Same with pocket change. As others have suggested I'll buy in with small bills but then also have a decent stash upstairs should more change be necessary. At any given time I've probably got $50 in singles and $100 in fives in the house that can be pressed into service if need be.

Your question was just about having enough cash on hand but let me opine on a related topic that others have touched on: ensuring accuracy while letting people go home at a reasonable hour.

I count cash like a bank teller. Cash coming in is laid out on the table for the duration of the transaction. I then count the chips going out before putting the cash away. Opposite for cash outs, get your chips nice and stacked up and then count out the bills in front of the person. Once they're in agreement the chips can be put away after the person takes their cash.

I'm a fan of the videos over on truepokerdealer.com - he's got some good ones on bank maintenance, handling buy ins and the like. Even though you don't have surveillance lurking overhead if you can confidently build up and break down stacks and prove them you will cut your errors way down as well as the time required to handle each transaction.

 

[mummel]

Problem is at the end of the night when everyone is wrecked and ready to go home, that the game ends and everyone needs to be cashed out at the same time. I think the impatience + a bottle of whiskey leads to failure. Next time I'll get a 2nd to count, and take it slow.

 

[bergs]

Buyin - I usually buyin for 25 $1s and 20 $5s (we play .25c/50c with a $125 max initial buyin and half the biggest stack for rebuys). Most people buyin for a hundo, twenty and a five, which makes it really easy to count (it's three different bills) and easy to give chips for (here's a rack with a stack of quarters, stack of $1s, and a stack of $5s).

Later gets tricky a bit when I start handing out only red workhorse $5 chips or black $20s, but the most bills I'm usually getting are 6 $20s so it's not too difficult. You do need to focus on the buyins and cashouts though (moreso if throiwng back a few high octane IPAs).

Cashout - People bring me racks so I can easily tell how much they have in chips. Count the chips, give them the cash. Count it down in front of them and take extra care that the bills don't stick together.

Pro tip - if people buyin for $50s, put them in a seperate place away from the the rest of the cash - $50s look alike $20s at first glance and can throw your bank off. First person that cashes out with a big stack, I usually ask if they mind getting $50s. They usually don't mind given that they're walking out up quite a bit so it's a win/win.

I had an incident where I was careless a couple years ago and was way off (like $200+). Haven't been off a cent since then. Always nice when the night is over and you're buzzed and had a great time and even up a little bit and the bank is spot on.

 

[DJ Mack]

Whomever is doing the banker job, whether that's the host or another person, should be the soberest of them all because of the duties it entails.

Don't take this as being a total teetotaler but you might consider cutting back on the booze a bit. People should not be leaving your house "wrecked." We drink and have a good time but nobody gets hammered and then drives home.

Beyond the obvious problems with your buddies being wrecked on the road, it could come back to you. If someone causes an accident there's a lawyer waiting to name the host as a co-defendant because the real reason their client's kid is hurt/dead is because of the host's illegal casino. Not just a party at some guy's house, but good god. A casino, with real chips, a legit table, and big stakes being gambled!

 

[thorwilliam]

We just round down to closest €10. At the end of the game we might do a flip if there's only €20's or higher bills. If someone insisted on changing in the exact amount they would probably only be invited back if short on players.
Good advice to get som change as a host however.

 

[DJ Mack]

If someone insisted on changing in the exact amount they would probably only be invited back if short on players

Yeah I'd probably file that under the d-baggery category too. Once folks are demanding full precision on everything it has become a professional game and it's not as fun. Don't misunderstand we follow the rules and formalities but there's leeway on trivial matters.

When it comes to cashing out though we always do a full cash out just to avoid some of the legal ambiguities concerning what to do with the remainder.

 

[mummel]

Whomever is doing the banker job, whether that's the host or another person, should be the soberest of them all because of the duties it entails.

Don't take this as being a total teetotaler but you might consider cutting back on the booze a bit. People should not be leaving your house "wrecked." We drink and have a good time but nobody gets hammered and then drives home.

Beyond the obvious problems with your buddies being wrecked on the road, it could come back to you. If someone causes an accident there's a lawyer waiting to name the host as a co-defendant because the real reason their client's kid is hurt/dead is because of the host's illegal casino. Not just a party at some guy's house, but good god. A casino, with real chips, a legit table, and big stakes being gambled!

Lol they are all neighbors and walk home, and two guys sleep over. That's why the evenings derail so quickly haha!

 

[DJ Mack]

Lol they are all neighbors and walk home, and two guys sleep over. That's why the evenings derail so quickly haha!

That's my kinda crowd and night. I've got guys who drive 20 miles to come play!