Shared Bankrolls

[jjandellis]

Going back a few years I remember hearing about Scandies playing epts on shared rolls; more recently the Germans doing the same. No doubt others are doing similar.

So how do these kind of arrangements work? What kind of returns go back into the roll from cashes...and when all go their seperate ways...or dividends are taken...how are they calculated?

[GreekStein]

I met 3 young UK lads from Leeds who were out here living in Thailand (2 brothers and 1 friend)  that all play HU sngs on Stars and have a shared bankroll.

Couldn't do that myself but it seemed to work just fine for them. They said it helped motivate them to all grind a lot and took pressure off as they were all of a very similar level and this ironed out variance.

[pleno1]

Yeh wouldn't do this with anybody, not way I'd do it if it was with a brother or family member. Hae seen very very close friends duck each other up, have falsely trusted too many people and in this kind of thing you can never be 100%.

[corkeye]

Yeh wouldn't do this with anybody, not way I'd do it if it was with a brother or family member. Hae seen very very close friends duck each other up, have falsely trusted too many people and in this kind of thing you can never be 100%.

Disagree. Don't get me wrong I have never shared a roll but if you do this with long term close friends, you can trust them not to flee or whatever.

[swinebag22]

I'd have thought this would work with close friends who have similar ability, volume and schedule. Everyone keeps their own share of money banked. Everyone deposits and withdraws the same amount when appropriate. Transfers at the end of each session to keep balances in line.

Only risk is when one blinks big and does a runner, but this is just the same risk taken in staking.

Does sound crap though, just for the sake of reducing variance.  All the understanding of variance in the world isn't going to help if player A and B lose 30 out of 30 sessions and player C posts 20 winning sessions. Tensions may run high! But then again, it is these spots that possibly persuaded them to share rolls in the first place.

[AndrewT]

Yeh wouldn't do this with anybody, not way I'd do it if it was with a brother or family member. Hae seen very very close friends duck each other up, have falsely trusted too many people and in this kind of thing you can never be 100%.

Disagree. Don't get me wrong I have never shared a roll but if you do this with long term close friends, you can trust them not to flee or whatever.

Yes, because no one has ever stolen money from a friend.

Doesn't a shared bankroll simply mean 'the winning players lend money to the losing players'?

[GreekStein]

Yeh wouldn't do this with anybody, not way I'd do it if it was with a brother or family member. Hae seen very very close friends duck each other up, have falsely trusted too many people and in this kind of thing you can never be 100%.

Disagree. Don't get me wrong I have never shared a roll but if you do this with long term close friends, you can trust them not to flee or whatever.

Yes, because no one has ever stolen money from a friend.

Doesn't a shared bankroll simply mean 'the winning players lend money to the losing players'?

Someone hacked your account?