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Capitalize on Winnings and Protect
Your Bankroll
A smart way to manage a
bankroll is to bet winnings only. Although
this is impossible to do right from the start of a
gambling session, it is something worth considering
as soon as you go on a winning spree.
Depending on your bet sizes, once you have obtained
profit in the amount of at least four times the bet
size, start gambling with only your earnings.
If you lose it all, take a break from gambling or
move on to a different game.
Let's say you are betting $5 hands at blackjack
with a $100 bankroll. In the beginning, your
bankroll may fluctuate from the negative to
positive, but as soon as you are up to $160, put
that initial $100 to the side (as if it was never
there) and start gambling with your $60 profit in an effort
to build it up even larger. If you lose all of
the $60, consider stepping away from the blackjack
table and taking a break.
This is a good practice to get into, for not only
will it stretch out your gambling sessions, it will
keep you from being tempted to chase after losses.
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