Winners are quitters when it comes to gambling, regardless of where such endeavor is engaged be it in a vacation destination such as Las Vegas or at an online casino.
Big winners are not just quitters however, they know when to quit. More importantly still, is that big winners know when not to start. That part of the recipe is easy but it often gets lost between the act of measure and being poured into the mixing bowl.
The old saying still holds true. Do not gamble what you cannot afford to lose. To help emphasize the point, the saying should end as “what you cannot afford to literally set on fire”. If you can reserve your gambling to the point where you always can afford to literally destroy the money you would be risking, then you will join a special group who regardless of whether they are ahead or behind, are the big winners.
What beats the average smart player is something known as the grind, it is the small percentage of odds which give the casino that slight edge over its customers and that is what makes it profitable to be in the casino business.
What makes it extremely profitable to be in the casino business are those players who do not listen to the advice of experts, perhaps add alcohol into the equation or the worst of all of the enemies of gamblers, which is the emotion card. Allow emotions to enter into the equation and you have a recipe for a fast way to lose a lot of money. Always keep your emotions out of the picture by choosing to never gamble when you are upset or depressed. Happy times are fine times to gamble. Just never use it as a means for avoiding dealing with issues which deep down you know must be addressed.
Assuming the above is true, then we can move forward to discussing for those times when you are getting lucky. Often times for this writer the streaks where i enjoy things working to my benefit happen so seemingly fast that I barely have time to take notice that such is when I should be increasing my bets heavily, before the run of luck has returned to the same old give and take I usually experience.
A very good way of keeping yourself from falling into the trap of hitting a winning streak and then giving it all back before you realized that the streak was over, is to have an adjustable bank roll. When you enter a casino it should be as we first discussed, with money you could just as easily set on fire. Lets say you bring in one hundred. If you are able to double that amount then you should begin using a sliding scale as to what point you force yourself to quit gambling.
At first wager, your session ending line would have been at minus one hundred. If you were able to double that amount, then you should adjust your quit line so that if you hit a bad streak it shuts you down while still keeping a decent amount to come back and try again next time.
Since your endeavor is to entertain by means of gambling, then you should not feel guilty about spoiling yourself. Just do it in a manner that also leaves you an out in case things go bad later. So if you have doubled the money, then move your quit line to being at either one hundred, which ensures you go home having lost nothing, or move it to eighty, which allows you to spoil yourself with some of the winnings while still hoarding enough to start again the next session comfortably, if it became necessary.
Keep moving that sliding scale up as you increase the amount you are ahead for the day and make yourself stick to the plan you have set for yourself. If things take a turn for the worse, you will be grateful you did once you have stepped back and had opportunity to get perspective.