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

smallcardsbigpot 11-15-2007 11:22 AM

how much to keep online
 
ill be frank: i am scared to keep so much money online with stories of ppls accts being hacked and money being confiscated. i know if u do nothing wrong then u shouldnt worry but still...

So... how often do u guys cashout and how much do u usually cash out?

JoeJohnJoe_ 11-15-2007 12:13 PM

Re: how much to keep online
 
keep 20-25 buy ins online.

DMoogle 11-15-2007 12:41 PM

Re: how much to keep online
 
I rarely cash out because I don't really "need" the money I make, but I probably should.

Just stick with the basic gambling rule: Don't gamble with money you can't afford to lose.

kindling 11-15-2007 01:46 PM

Re: how much to keep online
 
I only keep about 10 buyins online at a given site, but I don't play for a living (or regularly), so I can afford to wait to reload if I need to.

The rest I keep buried in the back yard, where it's safe!

aargh57 11-15-2007 02:00 PM

Re: how much to keep online
 
I've kept money in sites for months on end because of my job and I've never had anything stolen. I've had to go through a bunch of B.S. a time or two (mostly when casino whoring) like having to bug CS or send in ID repeatedly, but have always gotten my money. I don't worry too much about it but then again the most I have had in any one site is 2 or 3k (not counting neteller).

BTMegaCash 11-15-2007 02:03 PM

Re: how much to keep online
 
100 buy ins should be good...if you blow that in a session you need to quit for the day any way...or maybe click on Full Tilt or Poker Stars icon that says responsible gaming

RikaKazak 11-15-2007 02:46 PM

Re: how much to keep online
 
[ QUOTE ]
I only keep about 10 buyins online at a given site, but I don't play for a living (or regularly), so I can afford to wait to reload if I need to.

The rest I keep buried in the back yard, where it's safe!

[/ QUOTE ]

LOL A+

mynameisslime 11-18-2007 11:06 AM

Re: how much to keep online
 
these sties cheat and plsu if u have alot on ur poker account u might get hacked

Moemar 11-18-2007 11:54 AM

Re: how much to keep online
 
[ QUOTE ]


The rest I keep buried in the back yard, where it's safe!

[/ QUOTE ]

I am picturing a grizzled 1840's miner, with a shotgun, overalls, and a straw hat

oober 11-18-2007 12:32 PM

Re: how much to keep online
 
Your money is safe, stay away from sketchy sites, don't allow everyone you know to use your computer, and don't play on your acct on other computers and you will be fine.

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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