Im curious as to how you decide what to take out of your poker account as monthly drawings?

Im still working on moving up limits but im always curious as to how I would go about working out drawings each month when I hit the limit I want.

hourly rate?
or anything over designated amount on the site at the end of the month?

If you have a losing month do you not withdraw?

I like the idea of an hourly rate and set monthy drawings. Perhaps with a larger BR online (100BI) to take the bad days/months?

Anyone?

I dont seem to find much info on the subject.

How does this sound?

10k roll for 100nl, 5k online and 5k offline for backup.
lets say I make an hourly rate of about $20.

lets say I grind for 20 hours a week for a month. so 80 hours a month.
Is it ok to then cash out $1600 a month?

And then just withdraw depending on your hourly rate?

Or should only monthly profit be taken out each month, giving good and bad months?

Is there another thread regarding this subject anywhere?

look through your past results, find your biggest down swing and keep your balance a little bit more then that.

always keep cash on stand by for a backup roll or safety net roll

http://forumserver.twoplustwo.com/78...gement-509726/

So for instance, say I took a 20BI downswing one month, I should make sure I have at least 30BI online, And say 70 offline for backup.

And it should be safe to withdraw anything over the 30BI each month?

I can see the benefits to both hourly rates and monthly profit withdrawls.
But I would prefer monthy withdrawls of profits I think, It would push me to make more every month. But then again the same goes for hourly, I would be pushing my hourly rate up all the time I think.

How do you tackle it? Just make sure you leave enough to cover a bad downswing in the account?
seems fine to me.

thanks for that. Going to take me a while to read it, im supposed to be doing uni work. Im pretty sure 2+2 is going to cause me to fail

I better get grinding then.

no need to keep more money on the site than you need for normal short-term swings, unless you have difficulties depositing.

If I took it out of my poker account my other half would spend it. FACT.
To her, when I scoop a pot, she thinks it means new shoes.

I think you need to be at a decent limit before you start taking money out - emergency withdrawals aside. lets say 200nl. Win a buyin a day at that limit and you are making 6k a month. I would probably draw a couple grand a month at that point, my roll would still be growing and I would have enough of a roll to keep going through the swings.

I like the idea of taking out what was needed and leave the rest to inflate the bankroll, what happens If I have losing months?

I only ask because I am moving to spain in september (my girlfriend has to live in spain for 9 months as part of her degree), I plan on grinding 100nl to get by and also so that on return I can keep grinding and quit my job.
My jobs easy I work from home and im self employed so no worries there, I can start up again if all goes wrong.

I will probably only be able to take around 5k (after living expenses).
But since I dont plan on learning any spanish I have 9 months to kill, what better time to build a bankroll ( and of course have a great time while im there ).

I wasnt sure which way to tackle drawings. I was giving hourly some thought because it would mean I can still enjoy my "holiday" on a losing month, and 50BI would be enough to handle any swings. I think.
Perhaps take out a 50-75% of what my hourly rate actually is, this should still slowly grow my bankroll, hopefully. I would like to think that I could make anywhere from 500-1200 month with hourly rate. If its the low end of the scale I can still have a good time on a few hundred bucks a month living in spain.

Is this a smart way to work out drawings or not? Ive never really given much thought to it in the past.

if you are going to be in Spain for 9 months, you would have to be mad to not learn spanish. it isnt a 3rd world country, you would struggle to have a good time for a week with $300 let alone a month.

Then you need a poker account which is a bank account in your name, in which you keep your excess roll off a poker site. In order to sell this to your GF (assuming you want to tell her), then explain that you will make no direct withdrawals from your roll bank account except to and from poker, any withdrawals for other purposes go through your shared accounts.

Im allready trying to get a degree in German and business, so with my studies and grinding Ill not be wanting to learn anything else, it will blow my mind. Ill pick up the basic things but nothing else. I dont want to go in the first place. :/

Im not much of a drinker and my girlfriend will be at uni most of the time so we wont spend too much money anyway. $400 a month would be fine, thats around 300 Euro or 250quid, more than enough to spend on a months entertainment.

Dont be closed to picking up spanish while you are there. resistence is futile! since yo uare going anyway, you might as well make the most of it. sounds like a great opportunity however it goes. maybe you can create a thread about your spanish life!? where in spain are you going?

I've thought myself Spanish in a tear. Get Michel Thomas course and Learning Spanish like Crazy course. It will give you a great understanding.

Ill see how it goes, perhaps ill pick it up easily.
Had a slip up yesterday, I played into the early hours and decided to jump limits early, I then lost every pot I played until 7am. I lost about 10% of my roll.
Woke up this morning, did some spring cleaning, ****, shave and shower and got grinding at a lower limit.
Ended up making back everything I lost, pluss another 30% on top.
So im in a pretty good mood today, treaking myself to a bottle of wine and a smoke

I have started a crappy video blog but I intend to improve on it monthly. Its been great for me. I think Ill make a thread about the trip. Hopefully it will help me spend my time there a lot better, perhaps motivate me to do more while im there.

We have not deciced where we are going yet, it depends a lot on where my other half manages to find work/the right uni.
Im sure anywhere will be a nice change from the UK.
I think we dcide in the next few weeks.

Going to be a ballache, I have to get a driving licence before then too. We have cats and I refuse to leave them behind. Yeah its silly, but we decided to take care of kittens so leaving them is like quitting and I dont quit.

Man its going to be inasne. It will probably make a decent thread TBH. Where would I start such a thread? not that I would until I left but just so I know for the future, im new to forums remember.

Thread title is misleading. I came in here for teh free moniez. I am disappoint

You're still ballin' from your prop bet Leroy, unless you've already spent it all on new Lambos.

I thought there'd be more artwork?!

Gl OP hope it works out for you.

In reponse to the "how should i start such a thread" question, just take a look in the 'poker goals and challenges' secion and you'll see many similar type stuff.

Always good to start with a desc of who you are, what you're doing and why, what your goals are and milestones/objectives/targets for you to work towards. Following that just post results, hands, interesting reads, chat, just what's going on with your life that you think would interest 2+2ers!

you can get a license in Spain you know? As for the cats - drown them in a bucket. No Muss, No Fuss.

Yeah sorry I have a bad habbit of not thinking titles through before I post them.

Soory I havnt really had a sweep of the forums yet. What prop bet?

Cheers, it will be a while off yet, but I look forward to it.