On Tue, May 2, 2023 at 9:09 PM Lanrete Li <[email protected]> wrote:
>
> I play poker with my friends, sometime I win, sometime I loss, there are 
> couple ways to track the win/loss but I feel all have there limitations. 
> Hence I'm looking for suggestion here.
>
> Let's say I played poker on May-1st and May-2nd, both with $200 buy-in. On 
> May-1st I won $50, On May-2nd I lost $30
>
> Everything poker related count as Income
> Above events will be tracked as:
> 2023-05-01 * Poker
> Assets:Cash      $50
> Income:Poker
>
> 2023-05-02 * Poker
> Assets:Cash      -$30
> Income:Poker
>
> Pro: I can easily know how much in total I win/loss in poker by running 
> `ledger bal Poker`
> Con: Lossing in poker technically is not an `income` (or is it? I don't know 
> for sure)
>
> If I win, then it's income, if I loss, it's expense
> Above events will be tracked as:
> 2023-05-01 * Poker
> Assets:Cash      $50
> Income:Poker
>
> 2023-05-02 * Poker
> Assets:Cash      -$30
> Expense:Poker
> Pro: I guess it's clearer?
> Con: No single account tracks the win/loss of Poker
>
> Buy-in as expense, result as income
> Above events will be tracked as:
> 2023-05-01 * Poker Buyin
> Assets:Cash      $-200
> Expense:Poker:Buy-in
>
> 2023-05-01 * Poker result
> Assets:Cash      $250
> Income:Poker
>
> 2023-05-02 * Poker Buyin
> Assets:Cash      $-200
> Expense:Poker:Buy-in
>
> 2023-05-02 * Poker result
> Assets:Cash      $170
> Income:Poker
> Pro: I guess it's clearer?
> Con: No single account tracks the win/loss of Poker, more tedious
>
> I feel like there must be a more accurate way of tracking these...looking for 
> suggestions here
>

Dunno - - - - (grin) for me - - - that would be all expense - - - - lol.

Maybe - - - - you're tracking it like you do at the poker table.

Maybe - - - - track it like it money.

(I might be misunderstanding the financial aspects here!!!!!)

One time I deposit $200 and extract $170 (down $30).
Another time I deposit $200 and extract $220 (up $20).

Then it would be just one account (well - - - - actually 2 - - - include cash)
'poker' - - - - unless you start playing more often.

Dunno if that's at all accurate - - - wry grin.

HTH

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