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#1
04-28-08, 07:49 PM
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If you won....
Say you win the Sunday Million for ~200K.
How much would you keep as your poker bankroll? What would you do with the rest? I had this conversation with a friend and he was astonished when I said I'd keep 30k for my poker bankroll. Does anyone else think this is too much? Figured this might spark an interesting discussion. |
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#2
04-28-08, 07:56 PM
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30k is wayyyyy to much thats enough to be properly rolled for 5/10 which most of us by any means aren't ready to play. I think 10-15k would be plenty to play 2/4 but I think starting from .5/1 and 1/2 and moving up once you feel comfortable at each level would be better. As for the rest. House.
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Real knowledge is to know the extent of one's ignorance. - Confucius Last edited by Fildy; 04-28-08 at 08:19 PM. |
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#4
04-28-08, 08:55 PM
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After putting away $80k to cover taxes, I'd maybe leave $10k online, open a separate bank account of maybe $15k to roll me for 20/40 LHE at Foxwoods (well, Mohegan once they re-introduce poker in Sept.)
That'd leave $95k to pay all my debts, get one new car and save the rest for whatever.
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"Animals die, friends die, and I shall die. But the one thing that will never die is the reputation I leave behind." Old Norse adage |
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#5
04-28-08, 09:00 PM
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As for the rest. House.
Bad investment right now. Low interest rates + high prices = bad use of money (no wiggle room). Well, owning > renting, but I'd buy the smallest, chespest house you can live with. Trust me, housing is still maybe 15-20% overpriced right now. The fed under the past two administrations has over-controlled the market to a fair-thee-well. There's still a price collapse out there poised to happen and it will not be pretty.
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"Animals die, friends die, and I shall die. But the one thing that will never die is the reputation I leave behind." Old Norse adage |
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#6
04-28-08, 09:17 PM
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Is "blowing it all playing a ton of poker well above my skill level and then taking a trip to Greece followed by being an odd relationship with some chick I met and then finishing with a nice scam of family members" already taken?
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"And that's how you play aces." Yeah, you make kings run in to them. |
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#7
04-28-08, 09:29 PM
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Three words:
Hookers and Blow. Okay seriously - $200K? I'd pull it all off except maybe $5K. The remaining $195K would pay off our debts, our current mortgage, which we would then turn around and sell this house and buy a new one (slightly bigger and in a slightly better neighbourhood). I'd use maybe $3-$5K of the 195 to buy a couple nice poker tables and a really nice custom clay chip set for the poker room. |
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#9
04-28-08, 09:38 PM
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~80K = taxes
10K = School loans 5K = Car 5K = Bank account 0K = Poker Bankroll 100K = Savings + Investing I this is seriously how I would spend it. I'm so boring. |
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#11
04-29-08, 01:28 PM
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Other than the poker tables, although, if I did win, I'm sure Rob would talk me into getting them, I would want to do the exact same thing. And Rob and I didn't even discuss this before he posted. I'm glad we think alike on this.
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#12
04-29-08, 01:41 PM
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That is so cool that you like hookers.
Rob is a lucky man. |
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