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  #11  
Old 05-01-2005, 05:41 PM
bunky9590 bunky9590 is offline
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Default Re: Treating Poker Like a Business

[ QUOTE ]
how does one go about getting rakeback?

[/ QUOTE ]

Please check the classified ads
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  #12  
Old 05-01-2005, 05:51 PM
bunky9590 bunky9590 is offline
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Default Re: Treating Poker Like a Business

[ QUOTE ]
Good use of "sans." I like it.

[/ QUOTE ]

Thanks bud. I felt like being serious for once. [img]/images/graemlins/shocked.gif[/img]
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  #13  
Old 05-01-2005, 05:53 PM
Sunshine Sunshine is offline
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Default Re: Treating Poker Like a Business

yea, did a search of the previous threads, which is WAY helpful for 'dumb' questions...thanks
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  #14  
Old 05-01-2005, 07:45 PM
bunky9590 bunky9590 is offline
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Default Re: Treating Poker Like a Business

[ QUOTE ]
Calculate rakeback when you receive it and put it in a separate account. If you are playing poker for income, you should be able to beat it sans rakeback anyway. Use the rakeback to build a separate account for other investments and savings.



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I have never considered that before, thats a very good point Bunky

[/ QUOTE ]

Its money that you wouldn't miss anyway, it can stack up pretty quickly if you let it. Nice way to take $$ off the top and sock it away for investment purposes. You can also see what that turns into by the end of the year.
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  #15  
Old 05-01-2005, 07:59 PM
Chex Chex is offline
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Default Re: Treating Poker Like a Business

Excellent post Bunky! [img]/images/graemlins/ooo.gif[/img]
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  #16  
Old 05-01-2005, 08:04 PM
SomethingClever SomethingClever is offline
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Default Re: Treating Poker Like a Business

[ QUOTE ]
Total projected expenses: $450.00

[/ QUOTE ]

[img]/images/graemlins/shocked.gif[/img] I'm jealous.
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  #17  
Old 05-01-2005, 08:56 PM
bunky9590 bunky9590 is offline
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Default Re: Treating Poker Like a Business

[ QUOTE ]
Quote:
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Total projected expenses: $450.00


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I'm jealous.

[/ QUOTE ]

My salary paycheck coveres the "household" bills and then some. My wife also works too.
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  #18  
Old 05-01-2005, 10:18 PM
SA125 SA125 is offline
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Default Re: Treating Poker Like a Business

Well thought out. You still play at the Taj, or mostly Borgata?
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  #19  
Old 05-01-2005, 11:27 PM
bunky9590 bunky9590 is offline
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Default Re: Treating Poker Like a Business

Mostly online. But when I do play its at the Borgata 20-40
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  #20  
Old 05-02-2005, 12:14 AM
turnipmonster turnipmonster is offline
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Default Re: Treating Poker Like a Business

very good post. this is definitely an area for me to improve on.
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