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Online Casino Conditions >>> Gambling Tips >>> July 2005


Betting Like a Long-Term Investor

Rather than looking at online gambling as a good way to win some extra cash, it is better to look at it as a long-term investment.  If you can discipline yourself to gamble for very short periods of time each day you are on your way. 

The idea here is to set yourself very small winning limits and losing limits, and bet a little each day. Let's say you start with $20.  A good limit would be $5 either in losses or winnings - whichever comes first.

The next day, do the same again.  If you are losing more often, lower your losing limit to try an gain some bankroll back each day. In a months time your bankroll will grow just a little bit.  The next month, raise your stakes and winning and losing limits by 50%, and continue betting in the same fashion. 

If you keep doing this month after month, you will have surmounted a sizable fund.  At that point, you may want to invest your money into something more stable, starting from scratch again in the casino.

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