Short Loan
Receive 100 chips now; repay 120 after 3 rounds. One loan at a time.
Borrow time now; settle the account later.
| Id | ph_loan |
|---|---|
| Price | Borrow 100 / repay 120 |
| Kind | Financial products |
| Timing | Buy before betting |
| Parameters | advance: 100, repay: 120, rounds: 3 |
| Tables | Poker Head's Table |
Full rules
- Timing
- Buy before betting
- Limits
- Requires Private Account to buy. The purchase round counts toward maturity, including naturals, pushes and surrenders. Net assets = cash + invested principal at cost - full outstanding loan repayment. Win at 500 net assets. On victory, principal and debt settle without unearned interest. Only one outstanding loan; no rollover. Borrowing increases cash and also creates debt.
- How to get it
- Borrow 100 / Repay 120
- Example
- The advance is spendable cash, but the full repayment is deducted from net assets immediately.
- Related
- Private Account, Fourfold Ticket