Remember, what we said in our introduction to Roulette, there is no beginning
or end to a casino game. Casinos want you to play forever because, in
the long run, they have the advantage. It is up to you to set up the criteria
to make the game a real game with achievable goals and distinct rules
on when the game is done. With measurable objectives, you will be able
to track your results better and decide whether your strategy is working.
With this feedback, you can adjust your strategy to optimize your gain
when you are winning.
So, here are some guidelines to use in preparing for your next gambling
adventure:
Establish your gambling pool
Decide how much you are going to take with you. Separate the money you
will use to gamble with from the rest of the money you will need for meals,
entertainment, gas for returning home, etc.
Establish how many sessions you will have
Divide your gambling pool into equal parts for each session. Physically
separate the money and only take one part with you to each session.
Establish your bet start amount
The driving force behind establishing your bet start amount will be the
betting system you use. In addition, you should consider how long you
want to play and how much risk are you willing to take. Of course, you
could buy in at the table and bet the entire session amount on your first
spin. If you lose, then you will be spending the rest of the night watching
others gamble. A good rule of thumb for your initial bet amount is 1/10
to 1/20 of the session start amount.
So, say you are planning a one-day trip to a casino. You expect to play
two sessions with dinner and a show in between. You have set aside $200
for gambling. Take this money and divide it into two $100 bankrolls. Find
a table with a $5 minimum or less.
Although our scenario above sounds like it is oriented towards land-based
casinos, this process is especially important when using online casinos.
The reason is that your total bank amount with the casino is sitting right
there in front of you on the screen. You will need to be disciplined enough
to say to yourself that although my bank has $500, I will limit myself
to $100 for this session.