Money Management at Casinos Cont...(Page 2)
Keep Trip Expenses Separate
The last part of your plan involves your trip expenses.
Set aside the money you need for transportation, lodging,
eating, sightseeing, and shows; this money should always
be kept separate from your gambling funds. Don't mix them
together; otherwise, you will not know how you did
gambling versus total expenses.
Establish the size of your bankroll
The size of your bankroll will have a large effect on what
you do and how you do it. Set aside a given amount as your
bankroll. Once you have settled on an amount, resist the
temptation to supplement your bankroll with any other
monies.
Your bankroll determines what games you should play, what
bets you should make, how big your bets should be, and the
amount of time you can play.
The ten positive rules for gambling
Following are some rules for managing your bankroll:
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Budget your gambling funds for the entire trip, for each
day, and for each session.
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Remember, there is always another day, and another trip.
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Preset a goal for your winnings, for example, 50 percent
or double your buy-in money.
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When you're winning, increase your bets; when you're
losing, decrease your bets.
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Never play when you're tired or have had too much to
drink.
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Play only at tables you can afford. Your session bankroll
should be sufficient to cover at least 20 bets.
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Keep your gambling expectations reasonable. Don't expect
to make $1,000 if you start with $100.
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After analyzing five consecutive actions of play, decide
to continue or leave the table or machine.
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Have fun, and always quit while you're ahead.
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