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Message: [QUOTE="Jack Daniels, post: 426176, member: 1954"] The link in Welly's post above is an excellent place for you to start. And I can't stress the importance of records, records, records. Gotta keep records. Of EVERYTHING. All wins, all loses, as much detail as you can bear, really. In your case, especially, when you say you don't know where the money is going, having these records will show you every dollar going out as buyin/entry fee and every dollar coming in from placing. In addition to all kinds of other stats you may wish to look at, it would also be very beneficial for you to keep an overall average of tournament winnings for the longer term. Simply put, since you don't place in every tourney (no one does), if you see your long term average payout dip close to or below the average buyin/fee, you've got some work to do. Anyway, that's my 2 cents. [/QUOTE]