Magnetic money management – how we generate profits against the online casino
I will not lie to you, in magnetics where money is concerned, the casino has the greatest power. It has a tendency to draw back everything it puts out and more, at the expenditure of losing players and the tears they bare to carry.
The good news for you, is that by even reading an article about gambling, you have entered another realm completely, this realm is the world of gambling casino strategics. Now this does’nt have to be complicated, yes, there are methods of betting that cross the boundaries of numerous calculus, however, we will hit the basics. In this, we mean the bankroll and why it is the most powerful tool available to an online casino player.
The majority of players that hit the casinos do so with little action over consequence, in this we mean their lack of true dedication to the game. Often, players are just happy with the experience, in fact most are just happy with the experience.
This is what now sets you apart from the others, yes we’ll take the experience gladly, yet would’nt some extra money be nice too. If we are to improve our own money magnetics, then we must begin to examine our own behaviour from the very start of the casino cash flow diagram.
The bankroll – the best way to make money in online casinos
Bankroll management basics – strict and precise self guidance
If online gambling is like a length of rope, then at one end is the resultant and at the other is the bankroll. Your need one to find the other, a relationship that is dependable upon both sides. Therefore, no bankroll, no thriving casino cash making career.
On the other hand, if we can keep a bankroll in position, then the longer it exists, then the more resultants it will produce. These resultants will be of losing and winning consequences to the game, but what is more important, is that the winning ones will produce a greater return, due to the betting principles followed by a correct bankroll management style.
Bankroll management style – Ten percent rule including reduction
One of my favourite sources of bankroll management is the ten percent rule, with some reduction thrown in for good measure. The ten percent value is crucial in that a pyramid structure is created with your peak value at the top, and those slightly lower marginal bets at the bottom.
First of all, top of the pyramid, we have your overall bankroll, this is the total money you have in the casino. Lets say in example, that this value is $200.00, which is a pretty decent bankroll for long term stability.
Next down the pyramid, we have the bet sitting value, which is ten percent of your overall bankroll. Therefore we now have $20.00 as a bet sitting, this is the amount of money we play within any one game at any one time. No more, no less, this discipline must be directly followed to the number, straying will lead to problems within the bankroll later on, and a dwindle in overall profits.
At the bottom of the pyramid, we have the bet value, which is 10 percent of the bet sitting and this will be the amount of cash we are placing down on each bet. So you can see, there is a relationship of division over ten between each stage, this is mathematically proven to be the most stable figure where fluctuation is present, making it perfect for online gambling.
Now, in practice to your management skills of the bankroll. Your next task is to begin getting used to this form of control, it can be tedious and sometimes boring, yet persistence will pay off. You’ll understand, when one day your perhaps running a $2000 bankroll on these same principles.
I also mentioned throwing in reduction, in bankroll discipline, reduction is a method of providing extra support to the bankroll. If our bet sitting is about to run out of bets, then we can reduce the bets further, normally by around half. This is great in gambling and acts like an extra couple of lives, as soon as your bet sitting value increases, then you can go back to the ten percent rule without reduction.
Its almost like a revolving motor, if you manage it properly, it will go on forever and who knows what it might return.
Most online casino players fail to acknowledge the importance of a well managed and balanced casino credit plan, it’s basically using what you have to make more, and then with the extras, recreating your last steps along with a new side pattern path. By creating multiple paths, we reduce the influence of loss and therefore create a systematic online casino betting programme.
It’s every online casinos nightware, yet more importantly, a players dream.
Enjoy your bankroll, its the most powerful thing in your pocket.