How To - Make Deposits Last

[ceastem]

If I may also add, Some people deposit BIG, and  I mean BIG. The relationship between what they deposited and the bets they are going to make will surely be proportional. No holder of 1 full bitcoin will bet 1 sats every bet, the depositor will surely think that his wins are soooooo small compared to what he can win if he raised the amounts of bets. 

I mean who wouldn't raise the bets so that the win could be a certain good percentage of the balance right?! This is the most common reason why people are betting way above what should have been (justlike me). if only I bet around XX much, I would have been able to recover at some point, but I didn't, and that would only hit gamblers after they had lost it all.

[Asscorn]

On 4/23/2019 at 3:32 PM, Hoffguy said:

Another great read thanks for your quality posts Asscorn! yeah i think this is the thing like  artizykristy said. I think most gamblers, gamble for excitement of winning or to win some big amount in short term even though in long way they know they lose. But for people that want to have some fun and enjoy stake every day and not really bothered with huge wins, i think your plan is a really good one. 

how long did it take you to quadruple your bankroll! what games did you play, what was your settings! thanks. 

 

It took me about  2 months to go from .003 or.004 to .1. 

Unfortunately I haven't been sticking to my own plan.  I've lost a chunk but not nearly all.  Need to get back on track.  

The hardest part about that plan is sticking to it. Especially when your bankroll has increased significantly.  With larger bankroll I start to want to hit larger wins.  

On 6/6/2019 at 5:59 PM, bmg said:

There is no way to make a deposit last unless your just not playing any thing at all and letting your deposit sit.

This is why when you deposit you should only deposit money that you are willing to consider not yours anymore or consider it spent lol.

You obviously haven't tried it or stuck to the plan.  It's not foolproof but it's a pretty solid plan.  

Don't knock it til u try it. 

On 6/6/2019 at 6:30 PM, nuuuitsjdragon said:

@Asscorn

I was testing out your bankroll management strategy and was thinking if it works for all balances? 

What I want to clarify is whether this will still be as effective for lesser-stacked bankrolls? A lesser deposit spilt into 10 would mean the amount the player is allowed to use at any one single time may be too insignificant? 

Of course, still mad props to your strategy as the advice of using the vault to set stop limits is just innovative and can be effective as hell. 🤔

Hey @nuuuitsjdragon 

Glad you read my post. Thanks for commenting. 

That's a good question.  

I supposed the easiest way to explain would be like this. 

The smallest bankroll possible for this method in any currency would be .00001 Depositing .000009 in the vault and keeping .000001 in your main balance.  Your bet would be .00000001

Hope this helped 

11 minutes ago, Asscorn said:

It took me about  2 months to go from .003 or.004 to .1. 

Unfortunately I haven't been sticking to my own plan.  I've lost a chunk but not nearly all.  Need to get back on track.  

The hardest part about that plan is sticking to it. Especially when your bankroll has increased significantly.  With larger bankroll I start to want to hit larger wins.  

You obviously haven't tried it or stuck to the plan.  It's not foolproof but it's a pretty solid plan.  

Don't knock it til u try it. 

Hey @nuuuitsjdragon 

Glad you read my post. Thanks for commenting. 

That's a good question.  

I supposed the easiest way to explain would be like this. 

The smallest bankroll possible for this method in any currency would be .00001 Depositing .000009 in the vault and keeping .000001 in your main balance.  Your bet would be .00000001

You can use variations. You don't have to have 10 parts (9 in vault and 1 in main balance).  Think the most important part is to divide your main balance by 100.  

Personally for a nice safety net I would want to have at least 4 or 5x my main balance in the vault. 

Hope this helped 

 

On 6/5/2019 at 3:13 PM, Burgerwcheese said:

My first trip to Las Vegas was just over a year ago, and it was not as exciting as I had hoped for. In fact, it was a pretty lame weekend. By the time we left, I was bummed out and wishing that I had saved my money and stayed at home. Here’s what happened. Some of my friends and I had been planning a trip for a long weekend. We had our hotel reservation, tickets to a show that we wanted to see, and we learned a ton about how to gamble in Vegas.  I wanted to be responsible with my money, so I gave myself a bankroll of $1,000 and promised myself that I would not risk more than that. After some sight-seeing, we headed to the casino for our first gambling session. I played some slots and a few hands of blackjack. My pile of chips was getting smaller by the end of the game, but I was having fun, so I wasn’t too worried about it. Then we headed back to our hotel rooms to get changed for our dinner buffet. We gorged ourselves on delicious steaks, seafood, side dishes, and desserts, and we enjoyed the bottomless beverage package. Afterwards, we went back to the casino, where the chips were flowing a little bit more freely than they had before we started drinking. This time, I tried my hand at craps, and I loved the pack mentality of the game. The more people cheered me on, the more I took significant risks. When I woke up the next morning, I only had $200 left of my entire bankroll. Realizing how quickly I had lost almost all of my money made my hangover feel ten times worse. After we spent the morning recovering, we headed back to the casino. Knowing that I only had a little bit of money left, I should have chosen my games wisely. I should have stuck with the game I know best: blackjack. But instead of being intelligent, I decided that I wanted to experience every game that I could before I ran out of money. I tried roulette, and when I started losing at that, I headed over to the mini-baccarat table, and after that, I went to the poker room.  Within a couple of hours, my bankroll was down to less than $25, so I finished it off on some penny slots, hoping desperately for a win that would let me play again. I didn’t get the jackpot, so I headed back to the hotel room to wait for my buddies who were still playing. I spent the majority of the next three days sitting at the pool because I had nothing better to do, while my friends were still gambling. Needless to say, I was pretty disappointed with my first trip to Vegas, and I learned my lesson. So, a year later, my friends and I decided to make another trip to Vegas. I wanted to give the city another chance, but this time, I was not going to be stuck at the pool. Instead of researching the games I wanted to play, I spent a lot of time studying bankroll management in preparation for my second trip.

Before my first trip, I knew that I had to choose an amount of money that I was comfortable losing. That money was my $1,000 bankroll. I could have stopped by the casino ATM and kept playing all weekend, but I knew that I had set aside that original thousand for a reason. Giving myself the limit of only gambling with that initial $1,000 was a good start, but it turns out I needed to do a little more planning beyond that. The best way to make sure that you have enough money to play, whether you plan on gambling for a day or a few, is to divide your bankroll. If you have $1,000 , divide that money into a smaller amount for each day that you gamble. In my case, we were in Vegas for five days, so my bankroll for each day should have been $200. Another way to divide your bankroll is to separate it based on how many gambling sessions you plan on having, instead of days.  When I went back for my second trip to Vegas, I was bound and determined to not run out of gambling money. This time, I had $1,000 to gamble and only two days of gambling to plan on. I knew that we would probably play twice each day, so I split my $1,000 into four sessions of $250 each. At first, $250 didn’t seem like much. I knew that I had lost way more than that in one sitting during my first trip, so I was a little worried that I would end up losing it all within twenty minutes. But by the end of the trip, I was glad that I had set those limits. I learned how to use other strategies to draw out my $250 for each session, and every time I ended a game with leftover money, I spread that money to the rest of the trip. So, my $250 became $300 because I had saved an extra $50 from the first day. I had to be intentional not to lose all of my money right away, but having my bankroll divided allowed me to play every day, even when I was losing.  I knew that my $250 wouldn’t go far if I didn’t plan carefully, so I also gave myself betting limits. There are several ways to use betting limits, so you can choose the combination that works best for you. Personally, I used win and loss limits and limited my bets as a percentage, but you can also decide to define what types of odds you will wager at. Win and loss limits go together, but if you choose to, you could only use one or the other. A loss limit is merely deciding that you will stop playing after you have lost a certain amount, while a win limit is deciding to stop playing after you have won a certain amount. For most people, their loss limit is the same as their total bankroll for that session.  There is one type of betting limit that I didn’t try during this last trip to Las Vegas, which was only allowing myself to bet on even-money odds. The idea with this one is that the reason that casinos only pay even money on these bets is that they typically are the ones most likely to be won. They pay the higher amounts on the options that are harder to win. So, by playing only even-money odds, you are giving yourself the best chance of having several small wins, even though you won’t get a massive payout on a single bet. I see the value of this kind of betting limit, but it depends a lot on the particular game that you are playing. The only reason that I didn’t use this strategy myself was that I didn’t do enough research to feel confident in how I used this strategy for each game.

Setting time limits is a pretty self-explanatory concept, but it can make a big difference in how long your bankroll lasts. Give yourself a time limit so that you stop playing after a couple of hours, no matter if you are winning or losing. The benefit of this is that if you are winning or breaking even when you reach your time limit, you can roll that extra money into the next few gaming sessions.  My friends learned how vital setting time limits was on our first trip to Vegas. Once I had lost all of my money, they would say that they were going to play for an hour before they would come hang out with me at the pool. Usually two and a half hours later, they would finally drag themselves away for long enough to send me a text. After every extended gambling session, one more of them would have spent all of their money, so they would be joining me at the pool while everyone else played.

A gamble session can be ruined very quickly when you run out of money. Don’t make the same mistakes that I made. Manage your bankroll effectively by dividing it, giving yourself limits, and using effective strategies. If you do that, you will be able to spend more time gambling and less time bored at the pool. Even though this post focuses on my experiences, the lessons are applicable no matter where or how often you play.  In fact, if you are gambling on a regular basis, it is even MORE critical for you to manage your bankroll than for those who play occasionally. The bottom line is that most people who gamble are primarily just looking to have some fun. The longer you can make your bankroll last, the more fun you will have. And that can only be a good thing.

Thanks for sharing your Vegas experience and opinion on bankroll management.  

Sounds to me like your on the right track to having a lot more fun future casino trips knowing better how to manage you cash.  

I wish more people who regularly gamble would recognize that this is one of the few true ways to continue to gamble without impacting your bankroll or bank account significantly  

[Etude]

A decent way would be not to max bet your deposit while on the other hand make small basebets going for extremely high multipliers and pray that it hits spot on!