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Old 08-16-2005, 12:25 PM
stigmata stigmata is offline
Senior Member
 
Join Date: Aug 2004
Location: UK
Posts: 118
Default Re: Some general thoughts on bankroll management...

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Keeping a big roll online is, IMHO, folly. No
online poker provider is even close to bank
safe. We're talking orders of magnitude more
risky.

Feel free to keep 300 BBs on deposit to play 15-30
but you will be grinding for quite some time (after you stop crying) to make it back if it goes away.

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I'm guessing the conservative bankroll strategy includes money in Neteller, online accounts, etc. As far as I'm concerned, if you can reload from Neteller instantaneously, it's part of your BR.

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How many times do I have to say this. Neteller is NOT bank safe. Keep most of your bankroll on reputable poker sites and in your bank account. Keep as little money as you can in Neteller.

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Actually, Neteller should be reasonably safe, at least where I live. It is safeguarded the same as any other bank:

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These changes were made following the authorisation of NETELLER (UK) Ltd by the Financial Services Authority (FSA) of the United Kingdom to operate as an Electronic Money Issuer and in order to comply with current European financial and consumer protection regulations.

As a result of these new changes, we can now provide members with additional benefits:

Confidence that funds held by us in your NETELLER account are protected in accordance with FSA regulations.


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