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#1
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How do you keep a live bankroll?
Hoping some live grinders can help me out here:
I am primarily an online player, but I am starting to get into the live scene on the side. How should I manage a live portion of my BR? I'll be playing 5/5 NL live. I am definitely rolled for the game based on the money I have online. Do you recommend I just keep X buy-ins in cash on me and store it somewhere so I don't have to always try to withdrawal and deposit money? If so, how many buy-ins should I keep in cash? (Not necessarily on me, but stored in my house or whatever.) |
#2
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Re: How do you keep a live bankroll?
get a safety deposit box at the local casino and store monies there. i dont think its necessary for 5/10 because 5K should be more than enough from session to session and it can easily be concealed in a pocket.
if u are playing in an underground club use credit and keep as little cash on u as possible. |
#3
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Re: How do you keep a live bankroll?
What is the buyin on your 5/5 game? I would keep 5 buyins in cash around and then just watch your swings over time and see if you have any that are greater than 5 buyins, if your biggest swing is 3 buyins, trim it down to that, its not like you have to plan for the worst case, just making sure you have enough cash on hand 90-95% of the time has always worked fine for me
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#4
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Re: How do you keep a live bankroll?
[ QUOTE ]
get a safety deposit box at the local casino and store monies there. i dont think its necessary for 5/10 because 5K should be more than enough from session to session and it can easily be concealed in a pocket. if u are playing in an underground club use credit and keep as little cash on u as possible. [/ QUOTE ] Games are underground. Why would you recommend using credit? They often take juice and it can make things a hassle/stressful in general. Buy-in is $500, by the way. Most of the people buy in for that much or more. |
#5
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Re: How do you keep a live bankroll?
I am guessing the reason credit was suggested could be due to possibility of a raid and wanting to have as little cash on you as possible should a raid happen. I have very little underground experience but the few I played were on the fence of getting raided and my friend I went with just kept all cash in play in his shoe between sock and shoe (he would just go to bathroom if he busted and come back with rebuy). I thought it was dumb at the time (but mimicked his play as I was unfamiliar), two weeks after I was there it got busted and he walked out with $1,500 in his shoes and only lost the $700 in play so I cant fault his play.
Also it sounds like the min buyin is $500 since you said "some do much more". If you plan on buying in for $500 then I would just keep $2,500 around and see how things go. |
#6
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Re: How do you keep a live bankroll?
Use the bank. Find one that has free ATM (or pays you back for fees), have them raise your daily limit to $2000-$2500.
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#7
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Re: How do you keep a live bankroll?
I have two bank accounts - one for poker and one for everything else.
Works for me ::shrug:: |
#8
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Re: How do you keep a live bankroll?
[ QUOTE ]
he walked out with $1,500 in his shoes [/ QUOTE ] How the hell is there room for that? |
#9
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Re: How do you keep a live bankroll?
Lol my last live bankroll is now investet in computer games, clothes, alcohol ect.^^ you cannot have money at home and don't spend it.
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#10
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Re: How do you keep a live bankroll?
[ QUOTE ]
[ QUOTE ] he walked out with $1,500 in his shoes [/ QUOTE ] How the hell is there room for that? [/ QUOTE ] There is plenty of room for 15 bills in a shoe! |
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