Most of us that head over to Las Vegas casinos are not high rollers. The average gambler is usually the run-of-the-mill American looking to have a good time. Considering today’s economy that means that conservative gambling is the way to go these days.
That’s why we’ve put together the following guide to help you stretch the money you’ve got while in the casino. Instead of blowing your bankroll in the first five minutes, we can help you last an entire night without needing to spend a fortune. It’s actually not too difficult!
Tip 1: Take Frequent Breaks
Gambling isn’t fun when you start feeling like you can barely keep your eyes open, you feel like a log has been placed on your shoulders, and the lights are starting to hurt your eyes. These are clear signs that you’ve been sitting at that table too long. It’s time to take a break.
Taking frequent breaks will also give you the chance to regroup and talk over your strategy with friends. It will give you a clearer picture of what’s going on, leading to better play when you head back to the table or slots.
It also gives you the chance to kick back and have a drink with your buddies. Being in a casino doesn’t mean you have to be gambling the entire time that you’re there. It’s also a great chance to socialize – take advantage of it!
Tip 2: Manage Your Bankroll
One of the most underrated aspects of gambling is the management of the bankroll. You never want a single bet to be later than 3-5% of your overall bankroll, lest you want to check out of Vegas in a real hurry.
Divide your sessions into morning, afternoon and evening. If you’ve lost a section of your bankroll during a single session, then take a break until the next one comes along. Fill your time with shopping or having a meal.
Tip 3: Do Not Use Martingale
The Martingale strategy is perhaps the most popular ‘system’ around and it’s also the most dangerous. The way it works is as follows: you place a bet and if that one loses, you simply double up on the next one. Continue until you win.
The problem with this strategy is that you will hit a brick wall, either in the form of table limits or your own financial limitations. There’s every chance that you simply won’t be able to double up at one point, which means you’re going to lose BIG.
This type of gambling can lead you to lose your entire bankroll in a matter of minutes. We’ve seen players lose thousands of dollars within ten minutes or less. It’s not a pretty sight – we urge you not to become one of these players!
Tip 4: Control Your Emotions
The thing that causes most people to lose everything they have is the inability to control emotions. When we lose money, it’s very easy to get upset and frustrated. This often leads to people ‘chasing losses’ – this strategy only ends in tragedy.
Always remember that the odds are against you. Losing should be kept as part of the plan. Don’t get frustrated if you lose several hands in a row. Step back, regroup, and return later. You’ll be better off for it.
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