Flush
Join Date: Nov 2004
Posts: 381
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I have a similar situation. I host the poker game every time, two or three times a month. I have the best basement for a large group of people, plus it makes me feel good to be able to host the party. I've done it so many times now, it's just easier for everyone this way.
Anyway, as we got more into poker I decided that I wanted to get the pretty things like chips, KEM cards, and build a hold'em table (here's a picture of my stuff http://members.shaw.ca/khabbi/pokertable/table5.jpg).
Initially I paid for everything on my own because I wanted to own the stuff outright and didn't have to worry about "splitting" it with anyone. I only bought 300 chips (which isn't enough, but this was over a year ago when chips were more expensive than they are now). Since then, one of my other buddies has bough an additional 500 chips, so now we have a great set.
The table was the biggest thing, it cost $280CDN to build. A couple of my friends chipped in $40 each for me, that was nice so for the first three months, the three of us were guaranteed to play at that table every time (I'd randomly assign seats until we were all at table 1 together). Now that the novelty has worn off, we play fair and take our seats at table 2 if that's how it works.
I don't server much food, but since there is always at least 10 guys, chips and dips usually end up costing me about $15 every time. I can think of only a few occaisions when other people have brought over a bag of chips or something, but I still look at as being cheaper and more entertaining then going to the bar.
This seems like I am taking a large hit every time that I host a tournament but the truth is that I am the best poker player of my group of friends. I think that giving them all this stuff kinda blinds them to the fact that I make more money on these events than I put out.
I can guarantee that I am not down as much money, including all these expenses, as some of the dead money friends that come over every time for a good time. I like being able to offer something to my friends and would never think of asking for anything in return.
Sorry, that went on for a long time. The moral of my story, get good at poker so that you can beat all your friends and use that recoup any expenses that you incur by having them all over.
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