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Online Casino Conditions >>> Gambling Tips >>> September 2005


Percentage Limits on Losses Work Best

One cannot overstate the importance of putting away winnings during a gambling session.  In a land-based casino, the act of stashing away one's winnings can be easier to accomplish than gambling online affords.  All one has to do is pocket all of their winning chips, while imposing enough discipline to only gamble what they have started out with. 

On the computer, however, this can be harder to accomplish since all earnings are intangible.  On the internet, there are no chips to set aside or a lock box to put one's cash in.  On the other hand, there is only a virtual account displayed on the computer screen.  It is much easier to lose track of winnings and start tapping into what one has already won from earlier games. 

The best way to avoid doing this is to set a predetermined percentage of loss per gambling session, rather than a specific amount.  For instance a 30% percentage loss would mean that a gambler with an initial bankroll of $100 should quit when their bankroll reaches $70. However, if the bankroll reaches  up to $200, the quitting point should be 30% of this sum, which equates to $140.

Just keep track of you top winning point and set the percentage loss at that time.  You are way more likely to end your session on top.

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