Online money management/bankroll

[nervous]

200BB's over 2 sites. Rest in neteller (100BB's only)

I like to cashout, lol.

[ZimbuTheMonkey]

What do you mean by risking?
It's a pretty safe site.

[Freudian]

I have a simple formula. My biggest downswing*1.5. My reasoning is that if I have had horrible luck in the past (and I have) that should be enough to play. And if I drop 1.5*my worst downswing I probably need a day off anyway.

But when you can reload from Neteller in an instant, I would be able to play with much less of course. Sometimes I am a bit lazy when it comes to cashing out so sometimes I have 2-3 times that minimal bankroll before cashing some of it out.

Personally I have started (via Multipoker) to transfer over some money from Neteller to my bank account. Deposit $700, play for a week and cash out what is there. But that is mostly because the value of the dollar is so high at the moment that I want it in my local currency.

[vilemerchant]

[ QUOTE ]
What do you mean by risking?
It's a pretty safe site.

[/ QUOTE ]

Sure it is, it's my skin of choice now. But things can happen. You know how it is with party - hypothetical situation you win a few big pots in against some maniac who bought in with a stolen CC and suddenly they'll lock up your account for 'chip dumping'. Then you'd have to deal with party investigations via Euro support (both of which are hopeless), it might take em 3 days just to answer your first email and then another week or 2 to convince them you're not a criminal. I'd rather keep what I can in Neteller for sure, just in case I get hungry or something.

[A-Baum]

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How can bonus whoring even be worth it with a $30k bankroll and a good rakeback deal?

Nigel

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You obviously haven't seen the way I bonus whore.

Last month was $9,000. Up to $3,000 this month. And I've been doing this for at least 6 months now... and no I don't have gnomes.

I don't whore full time, but I do get an hour or two in a day. It's a good distraction and I do it by using very large bets which cuts down the time and inceases EV. I can handle the variance.

[/ QUOTE ]

Please elaborate on this method.

[Baulucky]

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Please elaborate on this method.

[/ QUOTE ]

1-Hit a lot of Royal Flushes on video poker.
2-Repeat 1 often.

[xenthebrain]

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I do it by using very large bets which cuts down the time and inceases EV. I can handle the variance.

[/ QUOTE ]
You cannot increase your EV by flat betting large, and not without card counting etc. either.

[Baulucky]

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You cannot increase your EV by flat betting large, and not without card counting etc. either.

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Yes you can. Every time you bust out before meeting Wagering requirements, you are increasing your long term EV.

[Freakin]

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My current bankroll is around $30,000.

About $8,000 of that is tied up in casinos.

About $3,000 of that is on poker sites for $5/10 SH.

About $9,000 of that is sitting in Neteller.

And about $10,000 is in ING Direct and/or cash.


Hope that helps.

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I don't understand why you leave 9 grand in Neteller. 2 grand should be more than enough for bonus whoring.

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you're kidding right?

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2k for bonus whoring is absurdly low. I've got about 15k, and thats not enough sometimes.

Freakin

[xenthebrain]

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You cannot increase your EV by flat betting large, and not without card counting etc. either.

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Yes you can. Every time you bust out before meeting Wagering requirements, you are increasing your long term EV.

[/ QUOTE ]
Can you explain that?