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Old 11-25-2007, 05:10 PM
jkamowitz jkamowitz is offline
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Join Date: Jun 2004
Posts: 1,229
Default Re: Easy fix, this is how I handle it...

[ QUOTE ]
I keep my poker money separately. I keep an envelope of the hundos I won stashed in my desk.

NEVER USE THESE BENJAMINS FOR ANY PURPOSE OTHER THAN MID LIMIT PLAY. DO NOT USE THIS MONEY FOR NO LIMIT. DO NOT PASS GO. GO DIRECTLY TO ENVELOPE WITH THIS CASH UPON YOUR RETURN FROM CASINO AND RETURN THE PROCEEDS, COMPLETELY IN TACT, DIRECTLY TO THE ENVELOPE. WHEN YOU GO OUT TO THE CASINO THE NEXT TIME, TAKE YOUR REQUIRED ALLOTMENT FROM ENVELOPE, AND REPEAT THIS PROCESS OVER AND OVER, AD INFINITUM. SHOW ENVELOPE TO GIRLFRIEND UPON REQUEST OR NAGGING. MOST IMPORTANTLY, DO NOT FORGET TO USE EXCESS FUNDS ON VALENTINES DAY, BY CELEBRATING WITH JEWELRY, A GIFT OF A VACATION, AND REALLY GREAT DINNER DATE AND SHOW.

Remember, this method works well only if you are in fact, a winning player as you have stated.

[/ QUOTE ]

So Al, you're advocating using the money earned for your girl and girl alone? This doesn't make too much sense.

Pope, I asked my girl about your situation and what as a girl she likes to hear;

She likes to hear that I'm saving my money, that I'm investing it. She likes to see me quit when I'm down and listen to her during the tough times. She likes it when I treat her well after disapearing for a few days.

She said she's glad that I talk to her because she gets to share in the good days and she's supportive during the bad days.

Again, best of luck.
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  #2  
Old 11-25-2007, 05:36 PM
nineinchal nineinchal is offline
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Join Date: Jan 2006
Location: Brooklyn
Posts: 1,285
Default Re: Easy fix, this is how I handle it...

No JK, I use the money for all my poker related expenses, such as food, gas, and lodging (actually, I used my first envelope of money for the down payment on my boardwalk condo).

I advocated using the money for the OP's girl so he can blow off the heat he gets from her. Anyway, my point is like that discussion that we had a few months ago about never going broke and the advantages of playing limit vs no-limit. I keep a bankroll exclusively devoted to poker. I actually over expended my bankroll to purchase my condo, so I had to drop down to 10/20 to get back up to the required bankroll for 20/40 again. I plan to be returning to 20/40 sometime over the winter. Anyway, at whatever level, the excess cash generated by limit poker really adds up.

For further reading, I recommend "Gambling Theory and Other Topics" by Mason Malmuth. This work really helped me understand variance (winning and losing streaks) and bankroll requirements to stay afloat in the world of mid limit stakes.
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