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-   -   how much to keep online (http://archives1.twoplustwo.com/showthread.php?t=546778)

excession 11-18-2007 01:43 PM

Re: how much to keep online
 
I keep $6-8k online, and cash out monthly back down to c.$6k.
I play $100 and $200 6 max NL full stacked, $200 and $400 6 max short stacked, $50 and $100 NL HU and once nite a week or so play MTTs in the $20-$50 buy-in range.

I did have $13k or so online at the beginning of the year, but it's better off in my real world accounts in £ rather than sitting in $ in Neteller the way the $ is sliding.

There are certain sites that are as close as you can get to 100% safe (the huge euro bookie or govt backed sites like Will Hill, Ladbrokes, Betfair and Svenska Spel).

Listed euro sites like Party and wallets like Neteller itself are also regulated pretty strictly for financial compliance and should be safe enough (but I haven't kept any significant sums in NT except for one day transits since their US accounts were frozen and they got delisted from AIM last year).

Stars, although a privately owned offshore site dealing with American players (which makes it much more likely to be subject to disastrous US Govt intervention than euro sites for instance), has by far the best reputation of the private sites. FTP I'm not sure about.

Historically some of the Ongame network skins weren't very well regarded, Pacific was a pain to get money out of, and obv. Absolute (and its sister site UB) have reputational issues at the moment, but most of the larger sites should be relatively safe.

Almost without exception whenever there is an 'XXX site stole my money post', it's a) never from a well-respected poster and b) it turns out the site was justified in the end once the facts come out. Similarly most hacking stories end up been by users who let themselves be compromised one way or another.

Use different passwords for each site; keep the mimimum online you need; don't keep all your eggs in one basket -usual common sense approach should see you safe enough..

and good luck

LateNiteRush 11-18-2007 02:35 PM

Re: how much to keep online
 
Excession a lot of us live in the states, so our choices are much more limited on where we can keep our money.

CAMEL1111 11-18-2007 03:37 PM

Re: how much to keep online
 
Like others have said, only keep money online that you are prepared to lose.

Bellagibro 11-18-2007 05:37 PM

Re: how much to keep online
 
Leave as much as you need and less than will keep you up at night if you lose it all.

Bantam222 11-18-2007 09:39 PM

Re: how much to keep online
 
if its a small amount of money I wouldn't worry about it...
if its a large amount of money you could have it invested somewhere else and only keep what you need online

pshady 11-18-2007 10:00 PM

Re: how much to keep online
 
Whatever goes above my 25 buyins for the week i'll cash out.

Phytopath 11-19-2007 02:24 AM

Re: how much to keep online
 
I think american players have a much harder time, because it is much more difficult to reload so I suggest keep more at least 50% more than your standard acceptable bankroll for the stakes/games you play.

Being in Canada myself I don't have as much trouble, but loading with bankwires is expensive so I actually keep about 7-8K online I play around at NL100-200 mainly.

I used to keep more, but moving the money into GICs or high interest savings accounts, the money actually grows which is good.

felixleong 11-19-2007 07:42 AM

Re: how much to keep online
 
i keep 3k online as my bankroll
i 4 table 100NL so thats more then enough for me to play

at the end of every month i cash out all my winnings and bring the bankroll back to 3k

i do have tons of FPPs, if i get hacked what can the hacker do my FPPs?

i used to play a card game called magic the gathering online
my account got hacked and i lost like 3-5k usd worth of cards
the company wizards of the coast failed to tracked the hacker and didnt refund me anything nor give me a good answer
which i then quit the card and came into poker

felixleong 11-19-2007 07:45 AM

Re: how much to keep online
 
oh yes , if u wanan read more abouy my sad story
feel free to go to
http://forums.gleemax.com/wotc_archi...x.php/t-723914


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