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Gambling Bankroll

Discussion in 'North American Land Based Casinos' started by Mousey, Feb 28, 2008.

    Feb 28, 2008
  1. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    Where does your money come from?

    Before we ever went to Tunica for our very first gambling trip, we set up a separate (free, no minimum) checking account and saved up -- just like for a vacation. Any extra money went into the account.

    And we still keep our money separate today. Anything extra... software rebate checks, unexpected refunds, etc., all go into the account. Whatever money we brought back from the casino trip would go right back into the account. We had it built up pretty good -- but lately it's gotten low as BJ and VP have been very bad to us for the past 2 years. :( But so far, we've been able to keep recycling to and from that account without dipping into our regular checking account. (crossing fingers, knock on wood, and all that)
     
    4 people like this.
  2. Feb 28, 2008
  3. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    Great and interesting question. Also, I admire your discipline and money management skills and saving methods.....I think it varies for everyone from the extremes of the addicted who go to lengths including manipulation beyond comprehension (I am even aware of it on this forum as recently as y-day) to the wealthy who have the assets earned over years of hard work (or possibly other means) and then everything in between!...I personally use Lines of Credit but not as a means of borrowing as some forum members seem to think about casino LOC's. Any markers I sign are backed by discretionary liquid assets. If not, as Robwin recently pointed out using markers not supported by one's assets is a recipe for financial disaster and imo should be avoided and not allowed but unfortunately casino's credit departments due diligence is poor at best. How can the bankrupt consistently be extended casino credit??? Happens all the time!...JMO:thumbsup:
     
    3 people like this.
  4. Feb 28, 2008
  5. winbig

    winbig Keep winning this amount. webby PABnononaccred

    Occupation:
    Bum
    Location:
    Pennsylvania
    I have to agree with Nash..the way I see it is if you can't afford to pay cash for something, you really don't need it. Gambling is a want, not a need. :)
     
    2 people like this.
  6. Feb 28, 2008
  7. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    I totally agree. The key is 'disposable' or 'discretionary' funds. Whether online or B&M never gamble with the grocery/rent/mortgage/utilities money. Bills paid first, gambling/vacation later.

    Actually, that's what got me to thinking about this. When going gambling recently a coworker said he takes his most recent paycheck to the casino -- rent/utility bill be damned. "It'll wait" he says. :eek:
     
    1 person likes this.
  8. Feb 28, 2008
  9. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    That reminds me I need to go check my FICO's as I do every quarter for accuracy mostly! And not a bad idea with ID theft especially for all online gamblers with the information we are required to give out. Haha, Mousey, looks like G is also paranoid. Hope there have not been any inquiries by our friends in Washington:eek:...gonna go do while I am thinking about!
     
  10. Feb 28, 2008
  11. littlebit

    littlebit Dormant account

    Occupation:
    Jack of all trades
    Location:
    Pasadena, Texas
    Actually, that's what got me to thinking about this. When going gambling recently a coworker said he takes his most recent paycheck to the casino -- rent/utility bill be damned. "It'll wait" he says. :eek:[/QUOTE]

    Good thought provoking post. I've had people ask me for loans to pay their rent or assorted other bills because they had gambled their money away, trying to win the "big one". When I wouldn't prop up their gambling problem, I was accused of not being there as a friend and lectured on how one person needs to help another. Their state of denial is a really sad thing to see.

    I'm paid on a monthly basis. When my nickel a month salary from GoneGambling is in the bank ,monthly bills are taken care of first, and the remainder, except for a small "play" allowance, goes into savings. When that's gone--that's it for the month. :D
     
    Last edited: Feb 28, 2008
    2 people like this.
  12. Feb 28, 2008
  13. classymom

    classymom Senior Member

    Occupation:
    Customer Service
    Location:
    Port St lucie Florida
    My gambling money comes from the overtime I put in @ work. My husband and I made a pact any extra money we earn can be spent the way we want. Its sometimes alot and sometimes its nothing. Not all my extra money goes to gambling mind you but it is the only source for it.:)
     
    2 people like this.
  14. Feb 28, 2008
  15. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    Well said and too bad some are so manipulated that they enable other's serious problems!.....That said, I do think there are responsible gamblers. Having checked my credit just now, I think below is a real winner screenshot. (I do understand bad things happen to good people but all should be as responsible as Mousey with gambling. Also, most that know me prolly can not understand my 4 figure average bets in BandM's or how I give back in entirety nice winnings online but as I have stated before it is all relative and I believe this screenshot proves what my real priorities are)....Best to all and if one has a serious problem like the one that got Mousey thinking there is help including much good info on this site but you have to want to help yourself!..Lecture over!!
     
    Last edited: Jan 12, 2009
    4 people like this.
  16. Feb 28, 2008
  17. classymom

    classymom Senior Member

    Occupation:
    Customer Service
    Location:
    Port St lucie Florida
    Nash that is the best screenshot I've ever seen I'm so jealous. Mines good but that is awesome:notworthy:notworthy:notworthy
     
    1 person likes this.
  18. Feb 28, 2008
  19. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek

    You've got it, Littlebit! That's what drives me nuts... the coworker that will blow his paycheck (and a weekend he could have worked overtime for extra bucks) is the same guy that will (the very next work week) ask to borrow lunch money -- which he never repays. I did it once, long ago, but now I always tell him no. (Sorry, but I got bills to pay, too.) Anyway... one day last week he asked to borrow money for lunch and I told him sorry, I was almost broke, but he was welcome to one of my PB&J sandwiches. ;) And I must say... the guy was not only insulted but got pissed off at me. :rolleyes: And I make good PBJ! :D I usually don't take any lunch w/me, but I wanted to work through lunch that day.


    Nash... that's lovely! :thumbsup: I don't worry about you gambling too much. I'll just worry about you breaking the bank at the 'Shoe. :D (Just please don't hurt Starbucks.)
     
    1 person likes this.
  20. Feb 28, 2008
  21. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    I love having that Starbucks right next to elevator so I can sneak down in my PJ's for OJ (do not drink coffee,lol) and pound cakes,danish,etc. in the early morn.-----Is the Starbuck's closing for whatever they did over,LOL?????.....good thread btw,Mousey!!
     
  22. Feb 28, 2008
  23. 1819

    1819 Dormant account

    Occupation:
    retired athlete
    Location:
    ny,nj,fla
    i usually knock over a few gas stations or convenience stores. it is very important to put some money aside for possible bail. then i put some money toward the necessities...popov vodka, gibleys gin, o.e. 800, ring dings, suzy-q's, pall malls and coke. then i go to the track. now some consider the track gambling but with me it's all business. whatever is left is the money i use for gambling. sometimes i fire up the commodore 64 and play online, other times i jump in the impala and head down to a.c. remember to bet with your head not over it. whatever that means.:) nash, those numbers mean that only 90,000 people or so have a higher credit score in the whole country.:thumbsup:
     
    2 people like this.
  24. Feb 28, 2008
  25. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    LOL, don't forget the ding dongs and ho-ho's:D:lolup::D...........Thanx for doing the math conversion of .03% for moi, never thought about it that way but I am proud of it and it is important to me:thumbsup:
     
  26. Feb 28, 2008
  27. 1819

    1819 Dormant account

    Occupation:
    retired athlete
    Location:
    ny,nj,fla
    lol. it was a guess. i think there's about 300 mill. people in the country now. i dont know how many are credit worthiness. that's a good score. have no idea what mine is. was around 750 last i heard, or cared. my boy in chicago is gonna test free agency tomm. he wants 2 mil a yr. from the bears. dont know how realistic that is. he also wants to play every down not just special teams so he is gonna test the waters. titans need a good undersized linebacker? lol.
     
  28. Feb 28, 2008
  29. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    Definitely one in the Middle!....We gotta get Vince some help though!:mad:
     
  30. Feb 28, 2008
  31. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    1819... with all those ding-dongs and yoohoos and ho-hos and the sugar-rush, you'd bet the whole wad on one hand/spin. LOL

    Oh Nash, puh-leeze don't tell me they've done away with Starbucks! OJ and donuts in your PJs? I'll keep an eye out for you next time I'm at Starbucks (if it's still there) revving up with mocha cappuccino. :)

    I've read somewhere that the recommended starting bankroll for a VP player is RF x 6 to withstand 'going broke'. Even though I have become 'one' with WinPoker, 75% of my time and gambling money goes to VP, I am 3 full cycles 'behind' -- VP hates me, I'm also not a lucky person, and the only time I've come out ahead at B&M casinos was from slot winnings. Go figure. ;) And yes, I am so anal that I keep up with which money goes for slots and what goes for VP. :p
     
  32. Feb 28, 2008
  33. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    Mousey,sorry to upset. I was not refering to the SB in the Shoe. It is still going strong.:thumbsup:......I was refering to all the Starbucks closing for 3 hours to do something maybe y-day iirc or Wednesday last week. Not even sure what it was about,maybe training,whatever.....anyways when I think of the Shoe,the SB goes hand in hand and rest assured it is still going strong!:thumbsup::thumbsup::thumbsup:

    EDIT:Tuesday February 26,2008 AP SEATTLE — Starbucks is closing the doors at its 7,100 stores across America for a brief barista re-education.

    CEO Howard Schultz announced the 3-hour closure starting at 5:30 p.m. local time Tuesday to energize 135,000 employees.

    He wants baristas to share their passion for making espresso, or as he says, "to pull the perfect shot, steam milk to order and customize their favorite beverage."

    Schultz says it's part of his refocusing on the coffee customer experience.

    Since the chairman returned as CEO in January he has been making changes to revive Starbucks' growth
    ....You must register/login in order to see the link.
     
    Last edited: Feb 28, 2008
    1 person likes this.
  34. Feb 28, 2008
  35. babs7262

    babs7262 Banned User

    Occupation:
    On Disability,p/t online slots reviewer
    Location:
    PA
    I have a very strict gambling budget. I play $20 every morning and that money comes from my disposable income left over after ALL bills are paid. Ill play a little more if Rich gets side job or if I win.

    Im pretty good but there are times I play once or twice too many times, but that doesnt effect my bills or food or car gas. It just effects us as far as not going out to dinner that weekend if I play and lose past my budget.

    Im in a different situation than most though. I dont work but I also dont use up gas from not driving, I still have income, I dont have to buy lunch or clothes for a job. I dont make a ton but I dont spend a ton either so that loosens us up.
     
    1 person likes this.
  36. Feb 28, 2008
  37. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    I keep seeing the term disposal and discretionary income. I mentioned the term discretionary liquid assets which got me thinking. Yes, life is too short too not enjoy and discretionary income should be used as part of a budget. That said are gamblers saving for other purposes like an emergency fund,investing,retirement or better known as paying yourself??? Or is the mindset even for the financially responsible, make sure all bills are paid (not including my term "paying yourself") then the remainder is discretionary income to be spent whether on gambling,etc.? Just curious but I understand if one feels compelled not to respond.
     
  38. Feb 29, 2008
  39. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    Let's just say, we 'paid ourselves' when we were younger and both working. Now, if a fat jackpot (yeah right LOL) or the tax check comes, that is divided, some goes to 'fun' things and some goes to savings -- unless something needs our immediate attention ... such as tires for the car or similar.

    And I keep online gambling money separate from our B&M (joint) bankroll. :oops: Needless to say, my online funds are very, very small, and almost nil right now as I've gone into semi-online gambling retirement. Once upon a time it was self-funding and never ran dry. That was 'once upon a time'.
     
    1 person likes this.

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