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  #1  
Old 04-28-08, 07:49 PM
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Default 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  
Old 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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Last edited by Fildy; 04-28-08 at 08:19 PM.
  #3  
Old 04-28-08, 08:29 PM
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I'd go to 25/50 then likely lose most of it and cash out my remaining roll.
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Old 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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Old 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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  #6  
Old 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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Old 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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  #8  
Old 04-28-08, 09:35 PM
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15K i'd keep online. The rest comes off and goes into the savings account
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Old 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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  #10  
Old 04-28-08, 10:25 PM
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I think I would put it all on red.
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Old 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  
Old 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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