I talked to my wife before last night’s home game got under way. She had forgotten I was playing poker, so I offered to make her feel better:
Me: I’ll give you half of my winnings.
Her: I want 70%.
Me: How about 51%?
Her: You’re not a nice husband!
Me: Okay, if I make $80 you can have 70%, otherwise just 50.
$80 would mean quintupling up, so I figured it was unlikely. Then one of the guys poked his head out and asked if I was okay with doubling the stakes. Oops.
I ended the night with about 4.5x the buyin and texted my wife the results.
Me: On my way. Up 143.50
Her: Thank you!! I will get 100.45 from you!! 😉
The problem with this structure, of course, is that once I triple my buy-in, I’m now playing to either lose a few bucks or make over four and a third times the buy-in. Anything in-between loses me money.
I think I’ll take a page from the IRS and introduce brackets to my next deal.