Home for online bankroll?

SuperHans

I'm posting this here because others on this forum may be thinking similiarly or already have in place what I'm wishing to do.
What with the volatile and weakening dollar, I've decided to be more thrifty with my online roll, and was wondering what others on the forum do with theirs.
At the moment I keep my entire roll online on Neteller and various sites and never make any withdrawals(I don't rely on poker for income at the moment, but may in the future). What I was thinking was that I would withdraw my entire bankroll to an easily accesible interest bearing account except for 10-12 buyins, and dip into this account if and when neccessary.
At the moment my Neteller is linked to my normal current account which earns no interest.
Are there any online banks that would meet my needs here or should I just use a normal bank by withdrawing from my current account and depositing into the savings account? Does anyone here do something similiar? What steps did you take?

hotspur

Anyone who does something sensible with their online dollar roll instead of letting it depreciate with a shrug has no business playing poker imo.

opr

hotspur wrote: »

Anyone who does something sensible with their online dollar roll instead of letting it depreciate with a shrug has no business playing poker imo.

Yeah Ian's idead of transfering it over to the casino games seems like the best one so far.

Opr

Requiem4adream

I dont think this has a sound economic basis lol but how about: Win more! Never a bad suggestion in itself Wont affect the depreciation of the dollar but it might make ya feel better about it!

dvdfan

Im a bit behind on all this, i only have a $3k bankroll so its probably not a huge issue for me but i will admit i dont read enough on the situation to be sure. I have setup a new account in Euro on ipoker and both my bank and netteller account are in euro aswell so i dont lose anything in currency conversions when making deposits and withdrawals which is great.

Anyway if what im taking from the moving Bankroll to the casino thing is that you move your bankroll to your sportsbook account its then held in Euros.

So i understand that GJP and other ipoker skins only change their currency rates once a month, as long as the Euro has strengthened then we should move our entire roll or most of it to the sportsbook account the day before they change their currency rate and transfer it back making a bit of profit.

Some questions on that, do the ipoker skins make it available when they update their currency rates and what the last transaction rate was and all though this is a stupid question i just cant get my head around it, if the dollar depreciates during the month and we move our roll to the sportsbook to avoid the loss, who covers that loss, GJP, PP et all? In the oppossite case where we dont move our roll who makes a gain when our roll depreciates in value?

phantom_lord

you'd need a huge bankroll to make any money, but if you had that you wouldn't be arsed going to all that hassle to make one buyin or w/e

bohsman

Move to the States.

Marq

or Move up Levels.

hf4z6sqo7vjngi

Red 36

SuperHans

phantom_lord wrote: »

you'd need a huge bankroll to make any money, but if you had that you wouldn't be arsed going to all that hassle to make one buyin or w/e

I think you misunderstand me a bit here. I wouldn't be trying to profit from exchange rate fluctuations, rather I would be trying to effectively eliminate these fluctuations from affecting my bankroll/winrate. Bankroll size is largely irrelevant in my thinking as I am thinking about it in percentage terms, but these fluctuations can be significant even for relatively small bankrolls.
Also interest accrual would be key for me as opposed to letting my money stagnate online when I'm not using it.