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 Whether you’re playing at a land-based or online casino, it’s best if you have a plan for managing your bankroll. Too often people decide they’re going to play table games or slots at a casino and win a whole lot of cash over the long run only to find that they have nothing left in their pocket after a very short time. Here’s how to extend your stay at the gaming tables while giving yourself the best chance of turning a profit.
First, determine how much you are willing to lose. This is not negative thinking, but you do need to be honest with yourself about how much you can afford to gamble at a casino. Knowing how large your bankroll is will help you identify how much you’ll bet each time.
Let’s say you decide you can afford $200. Next, you’re going to want to divide that $200 into units. A unit represents your minimum wager. If $10 is your minimum, then your $200 will be divided into 20 units with each being worth $10. If one unit is worth $5, then you’ve doubled your number of units to 40, giving yourself 40 individual bets. Basic hint: to stay in the game longer use smaller individual units. If you have 40 units at $5 per unit and you decide to bet one unit each time, you’ll have a much better chance of making some cash than if you wager two or three units at a time. Wager one unit at a time doubling up after you’re ahead by 10%. Double up once. If you lose go back to single unit wagering, but if you win double up again until you do lose. Following these three hints—determining your bankroll, deciding your unit wagering and wagering one unit per bet unless you’re solidly in the black or winning will increase your chances of winning and also extend your time at the tables or slots. |
