This is how I'd approach this situation: Everyone has a stop loss limit, but it shouldn't be zero. Why? Because if you can stop before zero, it shows you can gamble in control, instead of just letting the gambling control you. And, if a nice promotion should come along between when you hit your stop loss limit and when you reload your bankroll from your day job, such as say double the points, likely you will be able to play it, if the promotion is nice enough and if you still have some bullets left, whereas if you don't, you can't do any gambling until you reload, no matter how nice the promotion is. So now it's just a matter of defining a stop loss limit. My personal choice would be the approximate Kelly number (variance/edge bets) because it's math based, but you are free to choose whatever number you want, as long as you stick to it. The point is not to count on reloading from your paycheck and to always have some reserve in case a casino suddenly puts out a mystery promotion or whatever. Admit it, you would feel pretty stupid if you played all your bankroll with no way to get more money today and then the casino announced double the points or 10x the points or double royals or double deuces or whatever. Think about it.
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Posted by: nightoftheiguana2000@yahoo.com
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