ONLINE CASINO GAMBLING FINANCES
Once you have learned theproper playing online casino gambling strategies, you are on your way to becoming a successfulonline casino gambler. However, you still have tohave develop a solid plan on how to manage your finances. If you do not havea good online casino gambling plan, losing isgoing to take place. We have a general set of guidelines foryou to follow that will help maximize your profits and minimize yourchances losing your bankroll when gambling online.
1.Never play with money allotted to your bills and or savings.
2.At the beginning of each session, decide what is the maximum amount thatyou can afford to lose. If you lose that amount, stop playing. It is alsogood to figure out a monthly budget. This will help you in deciding theamount of which you can gamble with each session.
2.You should never increase the bet size on consecutive losses.This will get you in the hole in a hurry. However, on consecutivewins, you may increase your bets if you so decide. Most strategists would recommend a 50% progression. A 50%progression increase goes like this. When you win, you can make your nextbet for the same amount, plus 50% more. The progression would look likethis for a $3 bet: $3, $5, $8, $12, $18, $27, $40, and so on. You cancontinue to increase your bet until you lose. Once you have lost a bet,start over again at $3, or whatever dollar amount your bankroll allows.Another recommended progression in the 1, 2, 3, 5 win method. With thismethod, you can increase your bet from 1 unit, to 2 units, to 3 units, andfinally to the maximum of 5 units. Again, only continue to increase yourbets on consecutive wins. The progression would look like this for a $3bet: $3, $6, $9, $15 then back to $3. After you make the maximum 5-unitbet, win or lose, make your next bet 1 unit. This is the more conservativeapproach of the two progression methods suggested.Also, the size of your initial bet depends greatly on your bankroll. Wehave used the $3 bet for example because many players don't have a largeenough bankroll to place the big dollar bets.
3.Your bank role for the progression methods listed above should be enoughfor 100 bets. If your minimum betis $3, you'll need a $300 bankroll to play with.
4.Never bring you your entire bankroll with you. Only bring enough for about2 or 3 playing sessions, (roughly 40 to 60 units). Play in sessions of 20 units at a time. Quit the session if youlose 20 units, or if you win 10 units. The sessions would look like this: a $3 player with a $300dollar playing bankroll would use $60 per playing session and quit if the$60 was lost, or $30 won.
5.Although you should never be greedy, you should also never quit in themiddle of a winning streak. Ifyou've managed to win 10 units, continue to play with the goal of winning10 more units. You can keep this going as long as you are winning. Oncethe wins start turning into losses, walk away with your profit. Understandthat a small profit is better than breaking even. Every little bit you'reahead adds up over time
6.Your playing bankroll is going to increase when you are winning. This is agood time to increase the size of your bet. As such, your bank role willdecrease when you are losing. In this case, it is recommended that youdecrease the size of your bet. Your minimumwager should always be equal to 1/100th of your bankroll when using winprogression methods.
Important Note: Onething you should never do when gambling online is trying to win back what youhave just lost. Many players will get themselves into serious trouble thisway. The best thing you can do is to cut your losses and play againanother day. All online casino gamblers, at some pointin time, are going to experience losses. The way that you handle them is abig factor in whether or not you are going to become an online casinogambling winner. Ifyou lose one or two sessions, it's best that you quit for the day. Don'tdig a hole for yourself that is to deep to get out of. Online CasinoGambling is still going to be here tomorrow, and if you follow the proper playingstrategies, you'll be winning again in no time!
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