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I’ve done it before when moving to California many years ago. I was switching banks at the same time and I wanted the funds to be immediately available (i.e. op
by alasdair_ 6y ago
I’ve done it before when moving to California many years ago. I was switching banks at the same time and I wanted the funds to be immediately available (i.e. open the account and deposit the cash at the same time). I also needed to rent a home immediately.
Secondly, I play a lot of poker and regularly take $25k or more with me to Vegas, especially if it’s a spur of the moment flight. I keep my bankroll in cash because it’s simpler than having to go to a bank every time I want to play.
- thekyle 6y agoI don't gable so I don't really know how modern casinos work. But do they not allow you to wire the money to your account at the casino from a bank account?
- alasdair_ 6y agoThey do but there is both a wire fee and a 1-2 day delay (and no weekends). I have literally decided “hey, let’s go to Vegas” and been on a plane within three hours, on a weekend. A wire just doesn’t work there. Additionally, I also play locally and it’s tough to get access to tens of thousands in actual cash immediately, especially in a small cardroom or “home” game.