How should I track my crypto poker profits?
Tracking crypto poker profits requires accounting for both poker results and crypto price changes: Essential metrics to track: Session results (win/loss in crypto and USD equivalent). Hourly win rate (BB/hour for cash games, ROI% for tournaments). Total volume (hands played, tournaments entered). Rakeback and bonus earnings. Tools and methods: Spreadsheet tracking — record each session with date, stakes, duration, and results. Poker tracking software — some tools support crypto poker hand histories. Platform history — use the built-in transaction history at Stake.com or BC.Game. Crypto-specific tracking: Record the USD value at the time of each session (not current value). Track deposits and withdrawals separately from poker results. Account for crypto-to-crypto conversions and fees. Tax considerations: Many jurisdictions require reporting gambling winnings. Keep records of all deposits, withdrawals, and session results. Consult a tax professional familiar with both gambling and cryptocurrency taxation. Performance analysis: Review your results monthly. Identify your most profitable game types and stake levels. Analyze your play during winning and losing sessions for patterns.
