Tournament bank discrepancy (2 Viewers)

[BearMetal]

Sadly I had that experience, I was keeping the bank in my pocket and I thought I lost it, so I paid everyone out of my personal bankroll. Found the money was deep in a different pocket an hour after everyone left. I now have a locking cabinet with my cash and chips.

Similar thing happened to me. Now I use a locked cash box that's funded with like $300 in 1s and 5s. There's a special, blank spot just for that night's pool. Since I started doing that, have had ZERO issues. Also, I enjoy playing without a lump of cash on my thigh.

 

[Josh Kifer]

Venmo won't let me send more than $5k per rolling week. I have to PayPal my other admin and have him Venmo players. It's a pain. No wonder money laundering is so profitable

GOOD THING I'LL NEVER HAVE THIS ISSUE.

 

[ruskba]

I say everybody assumes the risk equally

I think this could be a valid viewpoint if made clear beforehand. But if so, he needs to be asking every entrant for $4 rather than just taking it out of the winners' funds. Hence the scumminess.

End of the day, if I had a decent relationship with the host, I would wait a few days and then try and talk to them about what was wrong with everything they did and why. If they don't realize the problems, I'd probably stop playing.

 

[BGinGA]

A lot of times, these are "clubs" and people who never really made any decisions, take turns being the banker. If the shit goes down on the night you happen to be banker, should you get screwed? I don't know. Was the idea that everybody takes turns assuming the risk? Or was the idea more like we're a club all playing poker together, lets hope nothing goes wrong?

I can address the 'club' aspect, as that is exactly what we have here with the PCF home game tournaments -- none of the 'bankers' (typically the volunteer Tournament Directors) who collect are the actual hosts, so it's not "their" game at all. But they do have some responsibility:

The protocol we follow is that the TD/banker never gets screwed, the winners never get screwed, and payouts are only made once all entry fees have been correctly paid and received. Only players can screw themselves by sending payments the wrong way (and paying extra fees when they do so), or in the case where a player NEVER pays for his entry, the payouts are adjusted to reflect one less entrant, and that player screws himself by getting booted from the club.

If a TD sends out incorrectly-calculated payouts (it's happened a few times), a simple PM to the winner/recipients explaining the circumstances and the math involved takes care of it, and the winners send back the over-payment amount (or receives extra, if the calculation was short).

 

[Poker Zombie]

I can address the 'club' aspect, as that is exactly what we have here with the PCF home game tournaments -- none of the 'bankers' (typically the volunteer Tournament Directors) who collect are the actual hosts, so it's not "their" game at all. But they do have some responsibility:

The protocol we follow is that the TD/banker never gets screwed, the winners never get screwed, and payouts are only made once all entry fees have been correctly paid and received. Only players can screw themselves by sending payments the wrong way (and paying extra fees when they do so), or in the case where a player NEVER pays for his entry, the payouts are adjusted to reflect one less entrant, and that player screws himself by getting booted from the club.

If a TD sends out incorrectly-calculated payouts (it's happened a few times), a simple PM to the winner/recipients explaining the circumstances and the math involved takes care of it, and the winners send back the over-payment amount (or receives extra, if the calculation was short).

That is the correct answer.

Nobody gets screwed, but it is the banker's responsibility to make things correct. Changing an established payout is incorrect. Taking back money that was over paid is correct. It wouldn't be any different that handing someone an extra $20 because two crisp $20s stuck together. Honest players would catch it when they counted their money and return it to the banker. If the player didn't catch it, the bank would be $20 short. The banker would likely ask everyone to recount, and if nobody caught it (or the over-paid player had already left) the bank would eat the difference.

 

[CraigT78]

You can check your balance and account settings via PC but all cash transfers have to be done via cell phone.

I use Venmo on pc - no issues sending. It might have been this way in the past but not anymore.

 

[Irish]

I use Venmo on pc - no issues sending. It might have been this way in the past but not anymore.

hmmm, I must have an account setting screwed up then, I get this message when I log on via PC, it tells me I can only pay/charge via the app:

 

[CraigT78]

hmmm, I must have an account setting screwed up then, I get this message when I log on via PC, it tells me I can only pay/charge via the app:

View attachment 449679

I guess I’m a lucky one! If they are starting to discontinue- I’m sure I’ll lose access someday. Oh well.

 

[StatTracker]

Wow, sorry this happened to you. It's not on the winners to worry about screwups - that's the banker's worry.

In this case, he should have had the incorrectly sent funds re-sent correctly and with adjusted cost. It's on the banker for not knowing/doing this and the winners shouldn't get shafted because of a correctable mistake that was out of their control.

This seems like a very ignorant or new mistake to make.

 

[pltrgyst]

hmmm, I must have an account setting screwed up then, I get this message when I log on via PC, it tells me I can only pay/charge via the app:

Me too. That's why I killed my Venmo account, and sent them a snotgram.

Craig, what kind of machine/ OS are you using successfully?

 

[MrCatPants]

Once my bank was short an entire buy in ($100 bucks). I obviously didn't collect a buy in somewhere. Now, at no point did I think it was malicious, I forgot to collect, and someone forgot to pay. That was resolved the next day when the person realized that he had more money than he should have.

I had this happen once. Had to change my process after it did. No one volunteered that they were the one who missed, so I just ate it.

Generally agree with the sentiments though - someone taking all the risk for zero reward week after week after week, it's not an ideal situation. Some people treat you like you should be a casino and you are not.

 

[CraigT78]

Me too. That's why I killed my Venmo account, and sent them a snotgram.

Craig, what kind of machine/ OS are you using successfully?

Windows 10 with chrome web browser.