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How much money are you happy keeping in your account?

Shelley7Shelley7 Member Posts: 128
in Poker Chat
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.
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    tomgooduntomgoodun Member Posts: 3,739
    I’m comfortable with £300 in mine, as I play the low stakes tournaments.
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    TheEdge949TheEdge949 Member Posts: 5,388
    Anything up to £500 would be ok for me.

    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.
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    Phantom66Phantom66 Member Posts: 5,542
    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)
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    Allan23Allan23 Member Posts: 868
    Thin brag?
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    CammykazeCammykaze Member Posts: 1,397
    Hitting higher SNG's 500 - 1000

    Lower/controlled challenge type stuff 100 - 300
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    EvilPinguEvilPingu Member Posts: 3,462
    edited June 2020
    Phantom66 said:

    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.
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