blonde poker forum

Anyone got any tips Or experience on managing and separating bankrolls across accounts.?

I barely play online so when i do i just deposit what i need (for sats and small schedules etc.)

I mainly play live but have never really kept separate accounts for life expenses, poker bankroll etc. i just play what i want to, sell pieces when i think i need to and run everything out of one bank account.  I should really commit a poker bankroll now i am playing more regularly but not really sure the best way to manage it. I think i am just going to get another current account to separate things but does anyone have any tips? I.e are there any easy online ways of managing and moving money around, am i missing anything? What do others do?

TIA.

I guess sites like money bookers are good for moving money between sites. I don't use it so don't know I have a seperate bank for poker and tend to keep account balances low (because I always lose) then deposit (often) and withdraw (rarely) when needed.

There was a huge debate on Alex's diary about this.

Think the consensus was left pocket life roll, right pocket poker roll. Could've been the other way round tho

:)

The main thing is to record every session and tournament you play, so you know where you are. That way if you dip into your poker roll to buy something, or use your life roll to buy into a comp you still know how much you should have in your bankroll.

Used to do that years ago and enjoyed it but really cba loading the laptop up each day. Anyone recommend an app? Or is there an editable spreadsheet programme on ipad?

I used to use Pokercharts years ago, but that was long before iPads :D

I'm in very much the same boat Junior, never kept them seperate although would kinda like to really, but then again if both life and poker finances are stable, then is there really a need to?  As has been said, a record, even a basic one of what game played - profit/loss, is surely the most important thing to do to keep track.  I did that once upon a time for well over a year on the hendon mob poker diary, can seperate game types, times, stakes, everything really, could update it on mobile web but was a bit of a faff, in the end I stopped doing it just because I cba.  If there was an easy quick to use app that I knew about I'd be using it...... Anyone?

Bumped cause it didn't get enough love.

Have downloaded and will give it a try. Hadn't even seen it before thanks

His gets funnier as he gets older

tbf, it's all just one roll, thinking any other way is just typical boys club, write lists, do spreadsheets kinda stuff

The easiest way is just open a separate bank account.

Dick has 500 pounds a week

Dick needs 350 pounds a week to feed his family, run his car etc

Dick likes to save 50 pounds a week for his retirement

Dick has 100 pounds a week to spunk on poker

If Dick wins at poker he has extra money to spend on other things, or more poker (we all know what Dick will chose)

If Dick loses at poker he has to wait another week (poor Dick, use the time to do some studying)


Replace names, timescales and figures as required for your own individual requirements

Too simple????

So your suggestion is....?

Tracking your sessions accurately.

Simply what I do.

I have long term roll  (pensions/ISAs/ house) and short term life/poker/gambling roll. I have too much money flying about between sites and real life stuff to try and separate that lot.  I try and only ever put money into the long term roll, though can't say that always holds.  I already spread the money over so many sites I have no desire to introduce more transfers/complications.

I usually update the poker stuff on a spreadsheet the day after a session, but sometimes do 2 or 3 before I catch up.  Betting spreadsheet is once a week or sometimes longer, as I do less betting than poker.  I track poker by type of game/site.  If I am losing at something I like to know even if I am very slow to do anything about it.

I just use OPR and enable it to record P'stars/FTP profit and losses.

Simple and effective for me but I only play a very small schedule.