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Poker Team Bankroll

Free web-based service for turning your home poker game into an enterprising partnership with your friends

This article explains the history, features and strategy behind pokerteambankroll.com

The idea was spawned as my friend and I were talking during a car ride down to Atlantic City for a poker tournament over a year ago. He said to me, “We should get everyone in our home game to pool our money together so we can play in big tournaments like a World Poker Tour (WPT) Championship and the World Series of Poker (WSOP) Main Event!” That was all it took to get the wheels spinning.

The very next week I drafted up the concept on paper so all of the home game players could get on the same page. I laid it out for everyone. Our team goal was to put together enough money for one $10,000 buyin to the WSOP Main Event for one of us, plus $1,000 for 1 Main Event Satellite buyin for a second player, plus $2,000 for travel, food and lodging expenses for both. $13,000 in all.

In order to reach our goal, we were going to follow this plan…
Any profit made in our home game could be contributed to our team bankroll in exchange for an equal number of points. I would collect the money from each player and record an equal number of points on paper (e.g. $82 profit contributed = 82 points recorded). I then put the money in a savings account that I set up just for this. We did this every week - and we still do. Anyway, every week, profits are contributed and points are given. And it adds up quickly!

The idea is, when we reach our goal, whoever has the most points will take $11,000 from the bankroll and use it to travel to Las Vegas to play in in the World Series of Poker Main Event, poker’s most prestigious tournament. Our team member with the 2nd most number of points will take $2,000 from the bankroll, travel to Las Vegas and play in a satellite tournament to try to win a seat in the Main Event. If that player wins a seat, then the team will have 2 players in the Main Event, thereby doubling our chances of cashing.

Here’s the best part, and you may have guessed it already, but, if either player cashes any money in the Main Event, everyone who contributed to the team bankroll will be paid out according to their percentage of contributions. For example, if the point leader, who contributed $3,500 in profits to the team bankroll, which is 27% of $13,000, cashes $100,000 in the tournament, he or she wins $27,000. The rest is paid out accordingly.

What this means is that everyone has a shot to win big money, regardless of how much you contribute. Take this hypothetical example: Player B has the least amount of points contributed (130), which translates to a 1% share in the bankroll. If the point leader wins the WSOP Main Event and cashes $10 million, player B wins $100,000. Not bad for a $130 investment!

So here’s where the web site comes in. I got tired of recording everything on paper, and so, being a webmaster, I decided that the best way to keep track of all of our activity would be online. That way, everything got recorded safe and sound, anyone on the team could easily check their statistics at any time, and everyone would always know where they stood with respect to the goal. We started recording and tracking every single buyin, cashout and contribution for every weekly home game on the website.

From there I starting adding features like a message board, photos, avatars, event selection, goal management, team management, emailing and more. It became so useful and so integral to our team that I decided to put it out there for the entire world to use.

Now anyone can create a private team on pokerteambankroll.com and use it to turn their home game into a big tournament team effort - and transform their home game players into poker super stars – all for free. Good luck!

Post by Matt.

You could be posting your articles on the Poker Bankroll Blog. Read all about it here.

 
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