What do you do with your winnings?

balo · Sep 1, 2020

I cash out maybe 4 times per year. Sometimes only $100 , other times more than $1k. But never anything big , still waiting for that big win.

A few years ago I travelled to Las Vegas from Europe, I paid the flight and hotel with my poker winnings. So that was around $1500. It covered my costs in Vegas , but I did not win anything there so returned broke lol.

darkgonz · Sep 1, 2020

I use my winnings to increase my poker bankroll.

quick · Sep 1, 2020

neart13 said:
And how would you enjoy yourself? What would you do with the winnings? Go out for dinner? Buy an expensive bottle of wine? Buy a playstation game? Pay off a loan?

hanski4 said:
I usualy split it 50/50 50 for my bankroll and 50 for me to enjoy myself

I recently started doing this after having some success in my game. I generally advocate for keeping money in roll to grow it. BUT at same time if one isn't able or ready to beat the next stake level or buy in level it can often feel like you're spinning your wheels and not seeing any growth or movement. So part of it is for motivation and part of it is simply because we're in uncertain times and it would be nice to have a few extra dollars in my life "roll" from a hobby that can pay you back. It's also about risk management.

I started taking about 50% of the amount OVER what my roll was at when I last withdrew; this way I leave some in there to grow the bankroll but also take some out. Of the money I take out I invest some, save some, and rest goes into my checking account. For tournies I'll take maybe 30-40% out of a big win (top 3 finish or over $1,000 prize) and spread it the same way, then next withdraw follow the 50% rule if I'm up.

I don't know if I'll always do this moving forward as things can change but that's my plan for now.

MikeCarasone · Sep 1, 2020

Winnings have gone into more tournaments as well as bills and the back account. Hoping to add much more. [emoji2]

Zvezda kz · Sep 1, 2020

Typically, all poker tournament winnings go to the casino. Hello PS with your casino.

dianasamu245 · Sep 1, 2020

When I finally make some money in a room I withdraw it and help with my household expenses and I try to cover my needs as much as I can, even though playing micro this becomes extremely difficult

Chel_nv · Sep 6, 2020

So far, I win small amounts and I like to please my other half by buying her nice little things.

terryk · Sep 6, 2020

Candy n gum :lollypop:

Chel_nv · Sep 6, 2020

As for me, it is better to play on weekends, as there are more suitable tournaments, especially free ones, on different rooms. and after winning tournaments, you can move on to more serious tournaments.

danoscar · Sep 7, 2020

Hello. To me, it's ying and yang. There was an exception in 2018. My winnings came in handy for Christmas.

BDR-83 · Sep 7, 2020

I lose it back in poker.

theheeb1984 · Sep 7, 2020

blix177 said:
How did you spend your tournament winning?

Did you cash out?
Did you lose it back in poker?
Did you take it over to the casino side?
Sportbook side?
Buy poker related stuff to improve your game?
Cocaine and Hookers?

Lately, I have been using to go out and enjoy life but when I was playing poker daily in university, I would reinvest with a % taken out for living expenses. I did blow about $5k on a trip to Singapore but who is to say that was blown and not wisely spent on vacation

pablow · Sep 7, 2020

for now, my only goal is to be able to keep playing with the gains. i would only consider cashing out if i make real money that benefits me, but for now i just want to fund my playing

PokStorm · Sep 7, 2020

Right now I'm just trying to get my bankroll. So, before i think about what to spend it on, i have first to think about how to earn more.

Pomf123 · Sep 8, 2020

i dump it back into next time I get to play

tourpro99 · Aug 24, 2021

I got up to 6500 from a freeroll, down to 3500 and cashed out. Nice to make $3500 with no investment (other than time) doing something I enjoy!

fang215874 · Aug 24, 2021

I buy chips and beer, bet on football and watch.

HRVATSKIBOGMARS · Aug 24, 2021

I cashout some money and of course I use money for more games thru the year because I dont know when will be some good tour on the Pokerstars.

Plut41 · Aug 24, 2021

Currently just building bankroll from 2$, Once I hit 50-100 I wanna cashout and buy something. I mean playing is cool and all but even if you are small winner you gotta cashout something to feel the money you won even if it's small amout to let's say buy a pizza and call friends.

perrywh · Aug 24, 2021

I give my winnings away!

Luvepoker · Aug 24, 2021

For the most part I just keep growing my bankroll but I recently cashed out a good size chunk to buy a new computer.

BenImortal · Aug 24, 2021

Well, at the moment I still wining only few bucks. I keep it on my Bankroll to start to play more expensive Buy-ins and leverage my game! I hope reach mid-size buy-in some time soon.

gery · Aug 24, 2021

Mostly i paid out to my bank account and then i use it for living my life, the rest is invested in such things
with good rates because banks doesn't gives good rates no more.

frnandoh · Aug 24, 2021

I lose it playing poker.

mateuszjason · Aug 24, 2021

when i won some bigger money for me, i like to cash out 70-80 % rest i stay for game.

What do you do with your winnings?

balo

Legend

darkgonz

Rock Star

quick

Legend

MikeCarasone

Legend

Zvezda kz

Legend

dianasamu245

Enthusiast

Chel_nv

Rock Star

terryk

TheCanuckwithalltheluck

Chel_nv

Rock Star

danoscar

Legend

BDR-83

Rock Star

theheeb1984

Rock Star

pablow

Enthusiast

PokStorm

Rock Star

Pomf123

Enthusiast

tourpro99

Rock Star

fang215874

Rock Star

HRVATSKIBOGMARS

Legend

Plut41

Rock Star

perrywh

Common sense!

Luvepoker

Lost in the twilight zone

BenImortal

Rock Star

gery

Enthusiast

frnandoh

Legend

mateuszjason

Rock Star

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