Strategies for Gambling Sessions

Every strategy in this article is usable for your normal gambling session!

First you need to divide your session into a beginning, middle, and an end game. Your division will be based on money won, instead of completed hands, rolls, or spins. I will develop this concept later in this section.

You then decide how much you wish to risk for your gambling trip, for example $1,000. Divide that by the number of days in your trip. If you are going down for the weekend, you should allocate $333 for your Friday evening sessions, $333 for your Saturday sessions, and $333 for your Sunday sessions.

If you plan to gamble three hours on Friday evening, then you could play a "day bankroll" of $333.

Now, pick your game and play the strategies as described herein. If you are losing, you make no changes, you play conservatively. If you are winning, you can play more aggressively and shift over to middle or end-game strategies, as described below.

If you lose your day's bankroll, you quit for the day. If you lose your trip bankroll, you quit for the trip. Do not cash checks, and do not use credit. Lose only the money that you have decided to risk.

Key Decision 1: Your Winning Objective:

You must make one key decision about your gambling trip, "What is your winning objective?" How much do you wish to win? I recommend that you select one of the following five options: 1. Win 20% of your bankroll, then quit. 2. Win 50% of your bankroll, then quit. 3. Win 100% of your bankroll, then quit. 4. Keep playing if you reach your selected objective (1-3) above, but establish a 20% backoff or stop-loss amount. 5. Use in conjunction with key decision. (see below):

Let us take a $500 trip bankroll as an example: � For option (1), you quit if you win $100. � For option (2), you quit if you win $250. � For option (3), you quit if you win $500. � For option (4), set $20 as your stop loss for Option (1). You risk 20% of your $100 win; $50 as a stop loss for Option (2) or $100 as a stop loss for Option (3).

Key Decision 2: How aggressively Do You Wish to Play?:

The second key decision you must make is how aggressively you wish to play, for example: Should you shift over to a middle-game or end-game strategy?

You may make a decision not to shift over at all, especially if you are close to, or have met, your winning objective.

If you plan to shift over to a middle, or end-game, strategy, you will be playing much more aggressively, and you need a bigger win before you make the shift. Let us now establish option (5) for your winning objective:

(5) Win 100% of your bankroll, and then shift to a middle-game strategy. Risk your entire win and shoot for another 100% win. For the $500 bankroll example, you would shift over on a $500 win. You plan to win another $500. You quit if you lose the $500 you won, so you quit even.

We can now define option (6) for a winning objective:

(6) If you've hit your second 100% win, you've redoubled your bankroll, shift to an end-game strategy, and risk only the second 100% that you've won. If you lose that, quit and go home with your doubled bankroll.

Remember, you don't have to shift over to either a middle, or end-game, strategy. You will be playing very aggressively and risking everything that you've won. There is a good chance that you may lose all of your winnings! On the other hand, if you're going to take a shot at a big win, this is the time to do it, when you are playing with money won.