I was just curious, obviously some players on here win a fair bit, but was just wondering what amounts people kept on Sky, if they had limits etc? Obviously Sky is much safer than some American sites, but was just wondering what peoples mindsets were.
I think it depends on what level you are playing. Obviously £500 is a bit under rolled if you want to start playing £55s etc
Plus you have to consider whether you can do without the money should anything happen. One Stoke based player who has since binked a bracelet at the WSOP had about $140,000 stuck on Full Tilt for months following "Black Friday"
Fortunately he got it all back but it did curtail his ability to play both live and online for a while.
If we end up with negative interest rates it might actually pay to keep your money here instead of a bank.
(Disclaimer:This is NOT financial advice)
If we get into that spot, it would likely end up with sites charging excessive fees to dormant account. Alternatively, they could require people to wager a certain amount before withdrawing otherwise pay a fee so that the site can cover the cost of transaction fees and putting your money somewhere safe at a negative interest rate, thus allowing them to recoup that money through rake (or their edge with casino/sports wagering).
Stars put in a temporary fee (I think 4%) on currency conversion around the time of the EU referendum for similar reasons. So yeah sites will close any loopholes like that pretty quick.
Comments
I think it depends on what level you are playing. Obviously £500 is a bit under rolled if you want to start playing £55s etc
Plus you have to consider whether you can do without the money should anything happen. One Stoke based player who has since binked a bracelet at the WSOP had about $140,000 stuck on Full Tilt for months following "Black Friday"
Fortunately he got it all back but it did curtail his ability to play both live and online for a while.
(Disclaimer:This is NOT financial advice)
Lower/controlled challenge type stuff 100 - 300
Stars put in a temporary fee (I think 4%) on currency conversion around the time of the EU referendum for similar reasons. So yeah sites will close any loopholes like that pretty quick.