Wow, a lot of complicated (over complicated) techniques. I echo the sentiments of keeping it simple. People give me cash, I’ll give them chips. People give me chips, I’ll give them cash. When I buy someone in I place their money spread out on the table, I retrieve chips and placed those next to the money. After an eyeball I slide chips to the player in pocket the cash in my bank.
I wouldn’t want anyone tracking my gambling, so I don’t think it’s appropriate for me to be writing down or tracking what people buying for.
As for tournaments, I am playing the tournament and want to have fun, thus I do not run rebuy tournaments. I track players and buyins using software, and when I collect money for the entry, I check a box on their tournament registration that says they are paid, which then inserts them into the seating queue. If there are any secondary price pools, I set a friend to handle collecting secondary prize pool money and having people sign up on a separate sheet.
As for payouts, I always have spreadsheets already set up with the payouts based on the number of entries and tournaments finish place. I try to set up systems that make my job easier during the game . It always annoys me when I’m playing a tournament, and I get down to the final table and people start figuring out what the pay outs should be. The payouts always seem to change based on the decision makers situation in the tournament. I’ve had hosts who are massive chip leaders decide that it should be a top-heavy payout structure, but when they are short stacked, suddenly they want more places paid?
In short, the more systems I put in place in advance, makes my job during a game easier. However for cash games, I certainly don’t want to over complicate things by counting peoples money or the bank in the middle of the game, or worrying about how much someone has bought in for. I also don’t deal in credit. I have enough to worry about and enough interested players that people come with the money they want to gamble, or they can Venmo another player to give them cash. I don’t get in the business of doing that, since it adds more complexity then I should have to worry about when I am already spending time hosting, preparing food, cleaning up before hand, etc.