When to cash out?

Poor4ever · 08-16-2006, 03:59 PM

When you win $$, do you cash out or do you just leave your winnings in your account? After hearing about Sly Sharkeys closing to US citizens and players having real $$ in their accounts and not being able to get at it, I was just wondering if there are other sites that will follow suite and if I should be more selective of which sites that I have money in?

ICBM · 08-16-2006, 04:01 PM

Being a Brit this doesn't affect me... but being a Brit I have no money to lose anyway

tomonbass · 08-16-2006, 04:07 PM

I think you should be more selective in what sites you play at...

I would only have large amounts of cash online at well established sites... ie Poker stars full tilt party poker etc....

but the little flash in the pan sites i would be more weary of and only leave as much as i would like to see vanish if the worst did happen

Poor4ever · 08-16-2006, 04:13 PM

What sites are the biggest and where are they based out of? Is there a place to find out what sites might be in jeopordy of closing if the US bans online gambling? I do not follow politics very well so any accurate information here would be appreciated. Thanks in advance.

Quote:

Originally Posted by tomonbass

I think you should be more selective in what sites you play at...

I would only have large amounts of cash online at well established sites... ie Poker stars full tilt party poker etc....

but the little flash in the pan sites i would be more weary of and only leave as much as i would like to see vanish if the worst did happen

mug_diller · 08-16-2006, 04:20 PM

evedytime i have cashed out of certain sites i seem to lose whatever i have left

lulo1210 · 08-16-2006, 06:14 PM

if you have a big bankroll u can cashout a part of your money and leave something for playing...thats what i do because if i leave everything i will expend evrything one day....

never put all your eggs in one basket!

PapaHun · 08-18-2006, 04:36 AM

Quote:

Originally Posted by Poor4ever

When you win $$, do you cash out or do you just leave your winnings in your account? After hearing about Sly Sharkeys closing to US citizens and players having real $$ in their accounts and not being able to get at it, I was just wondering if there are other sites that will follow suite and if I should be more selective of which sites that I have money in?

My line is:

Cash out (to neteller) as soon as you reach whatever restriction the specific small site has.

I see no point in reinvesting the money there unless your super comfy with the site. All my money goes to Neteller and then (to the mrs) to Stars or FTP.

Should you change your mind you can always deposit from Neteller back and enjoy whatever bonuses and stuf the site has.

respira · 08-18-2006, 01:24 PM

I've been moving my money to neteller as i win it, I only keep enough money in my accounts to play with. I started doing this right after the House voted that law thru, and I will continue to handle my money this way until the Senate votes and I know where I stand

Deco · 08-21-2006, 09:31 AM

I cash out on the first sunday off every month and keep track of my profit to see how am playing

itzjickie · 08-21-2006, 03:37 PM

I must have had ESP or something because I cashed out at Sly's 3 days before they closed. About a week later I won The Heat Series tourney at AP for $75, I cashed that out right away. Ever since this new legislation has been introduced I don't keep more than $25 in any poker site, I cash out to my neteller account and that is how I also deposit. I think my money is safer at neteller rather than any online poker site.