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Old 07-04-2007, 06:58 PM
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Captn_All_In Captn_All_In is offline
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Bank Record Keeping

Okay so I host a lot and felt that I needed to keep track of the money coming in and going out so I thought I should develop a record sheet of some kind to do this. I have attached it.

I'll wait while you download it...


.
.
.
.
Okay so now that you have looked at it....what do you think??

Does anybody use something similar?

How could that sheet be made better?

Would you as a player be offended if I kept track of your buyins and what you cashed out with at the end of the night?

Any and all thoughts are appreciated!
Attached Files
File Type: xls Cash Game Record Sheet.xls (16.0 KB, 48 views)
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Old 07-04-2007, 08:38 PM
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Irish Se7en Irish Se7en is offline
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Re: Bank Record Keeping

Quote:
Originally Posted by Captn_All_In View Post
Okay so I host a lot and felt that I needed to keep track of the money coming in and going out so I thought I should develop a record sheet of some kind to do this. I have attached it.

I'll wait while you download it...


.
.
.
.
Okay so now that you have looked at it....what do you think??

Does anybody use something similar?

How could that sheet be made better?

Would you as a player be offended if I kept track of your buyins and what you cashed out with at the end of the night?

Any and all thoughts are appreciated!
Why do you NEED to do this?

I wouldn't want someone keeping track of my profits. I personally don't feel there's a need for it. If you need to do it for that night for book keeping reasons, sure but I would hope the shredder is right next to it. I just don't think there's a reason why someoe would need to keep track of my profits/losses. That's just me.




Irish
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Old 07-04-2007, 09:03 PM
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abby99 abby99 is offline
 
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Re: Bank Record Keeping

As a player, I don't like it at all. As an occasional host, I don't see the need, at least not with the folks whom I play with.
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Old 07-04-2007, 09:09 PM
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Re: Bank Record Keeping

Thanks for sharing those thoughts guys! I appreciate it!

Now I do not keep these after the night is over, actually they all go into my wood stove, but the reason is that I was coming up short at the end of the night and was trying to figure out where it was happening.

Any thoughts on how to keep from coming up short? Aside from count correctly at the end of the night.

How would you guys run the bank if you hosted, or if you do host what do you do to make sure your not getting shorted at the end of the night?
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Old 07-04-2007, 09:15 PM
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Re: Bank Record Keeping

I can understand if you host a cash game with a couple of tables and high stakes it would be nice keep an accurate tally on the bank. Especially for the jackasses that have to bring $100s along or $5 or $10s if you're really high stakes. I can see the need to keep accurate bank records, but for the long term I think it's probably more trouble than it's worth.
I don't see what the point of having a 5 or 10 cent field in your spreadsheet, unless of course you're stakes are like 25c/50c 5c a and 50c/$1 10c a or something like that. Even then I wouldn't sweat 10cents and 5cents anyway.
I would add these fields, and this is dependent on your stakes. $50 $20 $5, $1 and quarters.
I need to keep a better bank and I only have about 6 people and we play 25c/50c
with $40 buyin max.

Last edited by Diablo_Rojos : 07-04-2007 at 09:20 PM. Reason: uhh no $25 dollar bills silly
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Old 07-04-2007, 09:15 PM
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Re: Bank Record Keeping

Irish...in regards to your comment...Do I NEED to do this? Probably not, but when I came up short 3 nights in a row I figured I better do something to figure out why.

Now the first night was only like .50¢, but the 2nd and 3rd night was close to $3, and this was after a few players were telling me to keep anything less than a buck!

Now I verify everyones count before handing over money so it makes me think that I either handed out to many chips with a rebuy, or worst case...someones picking up my chips when I am not looking....which really seems unlikely in my garage, and with the players I have at my games, and the stakes we play at.

I also know that some of you are probably thinking...big deal its $5 bucks, maybe... but if its $5 everytime over a year that could buy me a ton o chips...especially fauxs!!
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Old 07-04-2007, 09:22 PM
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Re: Bank Record Keeping

Quote:
Originally Posted by Captn_All_In View Post
Irish...in regards to your comment...Do I NEED to do this? Probably not, but when I came up short 3 nights in a row I figured I better do something to figure out why.

Now the first night was only like .50¢, but the 2nd and 3rd night was close to $3, and this was after a few players were telling me to keep anything less than a buck!

Now I verify everyones count before handing over money so it makes me think that I either handed out to many chips with a rebuy, or worst case...someones picking up my chips when I am not looking....which really seems unlikely in my garage, and with the players I have at my games, and the stakes we play at.

I also know that some of you are probably thinking...big deal its $5 bucks, maybe... but if its $5 everytime over a year that could buy me a ton o chips...especially fauxs!!
I don't think it's a bad idea to keep super-detailed records, especially if you're finding discrepancies between buy-ins and cash-outs. Nothing wrong with making sure no one's walking away with chips!
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Old 07-04-2007, 09:25 PM
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Re: Bank Record Keeping

Well I do need those because I usually host .05¢/.10¢ NL, or .05¢/$1 Spread Limit. Most guys buy in for $10, sometimes $15 for the .05¢/.10¢ and $15 for the SL game.

Usually EVERYONE brings a $20 and they never get the point that its hard to cash everyone out at the end of the night without a ton of change on hand! Actually I shouldn't say everyone, I have convinced 2 regulars to always bring $5's or $1's when they buy in. This is just like the guys who bring $100's to the higher stakes games.

Like I have said my main goal with this is to just keep from getting shorted at the end of the night...if someone can tell me a sure fire way it will happen then I would gladly scrap this whole idea!!

You know I just thought of one.....cash out before everyone else! Yea that probably wouldnt work for long, especially when the wrong guy gets shorted!!!

Quote:
Originally Posted by Diablo_Rojos View Post
I can understand if you host a cash game with a couple of tables and high stakes it would be nice keep an accurate tally on the bank. Especially for the jackasses that have to bring $100s along or $5 or $10s if you're really high stakes. I can see the need to keep accurate bank records, but for the long term I think it's probably more trouble than it's worth.
I don't see what the point of having a 5 or 10 cent field in your spreadsheet, unless of course you're stakes are like 25c/50c 5c a and 50c/$1 10c a or something like that. Even then I wouldn't sweat 10cents and 5cents anyway.
I would add these fields, and this is dependent on your stakes. $50 $25 $5, $1 and quarters.
I need to keep a better bank and I only have about 6 people and we play 25c/50c
with $40 buyin max.
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Old 07-04-2007, 09:29 PM
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Re: Bank Record Keeping

As to the first part of the question - personally, I wouldn't care. I actually keep a mental tally of this anyways - and sort of assume that others do too. I can see how some people might have a problem with it. If you do it, keep it quiet.

As for making sure the bank is correct:

The way we do it is there is one banker. The banker is responsible for all money going in and out. He counts out the stacks at the beginning, and takes care of any rebuys. At the end, everyone counts out their chips, and the banker goes around and checks the totals and then cashes them out. Any mistakes are absorbed by the banker.

Mistakes in cashing out almost always are not due to the cash being incorrect, but rather the chips. Seldom is a $20 mistaken for a $21 bill, but it's pretty easy to grab an extra chip, or have stack of 19 instead of 20 or something. These are the type of mistakes I would be vigilant for.

Edited to add:

It is convenient for the banker to have $20 stacks (or what ever you rebuy for) prepared, and seperated by lammers, so he can just say - thanks for the twenty bucks; here's $20 in chips in useful denominations.
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Old 07-04-2007, 09:30 PM
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Re: Bank Record Keeping

I think it's actually polite for the host to cash last. That's just me.
Anyway I was just suggesting on the 5 and 10 cents. That would get annoying for me.
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