Never bring your entire bankroll with you to one
gambling session. You need a daily gambling budget.
Start by dividing your bankroll by the number
of days you’ll be gambling. Then divide your
daily bankroll into the number of sessions you
will be playing each day. Result: your single-session
bankroll. Bet tomorrow’s money only when
tomorrow comes.
Set
win goals of between 50 to 100% for a single-session
bankroll. Then, when you win something, set aside
your original bankroll plus half of your winnings.
Now play with the remainder and continue to set
aside additional winnings.
Set
loss limits, meaning that, when you’ve lost
half your session bankroll -- your loss limit
-- you walk.
Use
the Winning Progressive method of betting by predetermining
a percentage increase for each winning bet and
sticking to it. For instance, you might want to
increase your winning bets by approximately 50%
after the second win. As an example, start with
a $10 bet, followed by another $10, (both winners,
you understand) then go to $15, $22, $30, $45,
etc. You would continuously flat bet (the table
minimum) when losing.
Never
double-up your bet to catch up. Your money would
just fizzle away like an Alka-Seltzer in warm
water.
Identify
the profitable opportunities in gambling by shopping
for the best odds, rules, and playing conditions
available where you play.
What
I can’t guarantee, Gary, is that these tips
will in any way affect the casino edge. Perfect
basic strategy does that job. Nor can I guarantee
that you will win more money. What these principles
will do is minimize your losses and in most cases
protect your winnings.
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Columns By Mark Pilarski
Have a question? Ask Mark pilarski@markpilarski.com
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