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#1
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what to do with your winnings...
i hold a day job, and i play anywhere from 5 to 40 hours a week, small stakes, and i am not going to try and play full-time. still, with bonuses and some winnings, i've built up my bankroll to $2000+ (up from $500), so i'd like to withdraw some of that and put away. after a particularly good day ($200+) i also withdraw that much out of my bankroll. (doesn't happen that often but sometimes)
so here's my question, do you people spent that money on toys, leave it in the BR, or deposit it into your savings/retirement account? personally, i do the latter. when i pass a $2000 mark in total savings, i might buy myself a new laptop or an lcd, but for the most part i just sock it away. how about you? |
#2
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Re: what to do with your winnings...
forgot to mention, i also supplement any poker related purchases (books, PT, etc.) and traffic tickets (speeding tickets, court fees [jk]) out of my BR.
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#3
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Re: what to do with your winnings...
I never touch my bankroll for non-poker-playing expenses.
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#4
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Re: what to do with your winnings...
Every $5000 my bankroll increases, I get myself something nice, a gift to myself, something I've always wanted, e.g. iPod, digital camera, et al.
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#5
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Re: what to do with your winnings...
Even though I hate to withdraw from my bankroll I have had to do it a lot lately. Couldn't find a summer job, so been stuck playing poker, and now I'm getting ready to move back to school in a week. So I had to take a nice portion out to pay rent, and I've been havin gto buy a lot of stuff for when I move in. Food and gas money also come from my bankroll now.
The only thing I've bought that I wanted to buy for myself was my 2001FP. |
#6
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Re: what to do with your winnings...
I have taken two trips to Vegas in consecutive years, for a week stay each time. Went during WSOP this year, and would have played in the $1500 NL event, but didn't want to play against 2,000 players. Both trips were completely paid for with poker winnings, and had more than 3k to play with during each trip, plus more money at home in my poker accounts.
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#7
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Re: what to do with your winnings...
* Every week, I take 10% of my winnings from the past week (if any) and put them into my checking account. This keeps my wife approving of the poker hobby.
* Big tournament wins are used to pay off credit cards. This has happened exactly once. * Poker-related purchases (everything from books to the 'poker laptop' to Vegas flight tickets) are paid for out of the bankroll. * Occasionally the bankroll is used to pay for a family trip, typically to take my daughter to see her grandparents. Basically, since my bankroll is much greater than what I need for the limits that I'm playing at, the excess is treated as "mad cash" and used for things that would otherwise severly deplete checking or savings, or require me to use a credit card. Surprisingly, my overall credit rating has actually improved while I've been playing. I'm not exactly paying my bills with my play (not even close to that), but it's certainly eased the load on my general finances. I'm sure most poker book authors would disapprove of the frequency with which I remove money from the pool -- or at least that's the impression I get from reading Feeny's treatise on why tournaments are bad for poker. |
#8
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Re: what to do with your winnings...
I take 300 from every 1000 I make and spend it or save it for various things.
Of course I am also way way over bankrolled for any limit I play, so spending a little extra never really phases me. |
#9
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Re: what to do with your winnings...
Every quarter, I perform a bankroll adjustment. Of my quarterly bankroll increase...
35% is removed to cover taxes 10% is removed to my wife and my shared gambling stash 5% is given to my wife to spend as she pleases The remaining 50% remains in my personal gambing bankroll. I have never had a losing quarter (in part due to bonuses), but if I ever do I will probably just start fresh the next quarter in all likelihood. At least I will for the portion that goes to my wife and the shared gambling stash. No reason to start fresh on the taxes portion... Acme |
#10
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Re: what to do with your winnings...
[ QUOTE ]
35% is removed to cover taxes [/ QUOTE ] I think you're the only one so far in this thread. |
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