Hi Filmy,
I am highly impressed by your thoughts on Gambling...I want help in deciding the stop loss, winning per round, total balance.
For example,
If i have $200 in my gambling account at 888.com, and i want to decide my winning then:-
1.) Target Winning each round: ?
2.) Stop Loss: ?
3.) How many rounds to play same day: ?
4.) Money Management: ?
Thanks,
Carson
Carson...
$200 AIN'T much of a bankroll but I am glad to help out if I can.
First off, to be absolutely safe, you'd need your minimum bet to be $1.
The trick here would be to figure out how many session bankrolls you can create out of the $200 overall bankroll.
As I learn more and more about Roulette -- especially online roulette, I keep finding that it's probably your best bet to win small amounts of money mostly because of the 2 to 1 payout on betting the sections of 12.
Although this would be RISKY at best based on your overall amount, I would break the $200 down into session bankrolls of $25.
Anything less than $25 to work with PER SESSION and I doubt it would even be worth your time.
I think your target would be to win $25 or lose $25 per session i.e., losing $25 would be your stop loss.
Keep the session down to 20 minutes MAX. $200 would give you only 8 sessions of playing. Ultimately, you want at least 50. 100 is better and 500 is better than that and ultimately, you work UP to those limits.
If you lose the $25, you still have $175 to play and so on.
For your particular situation HERE, if it were me (I'm not recommending this to you or anyone but this play is simply based on the information you've given me), I would just bet the sections of 12 with roulette.
The idea is to progress the bet in such a way that any WIN gives you back your losses and a profit hence, the sections of 12 because they seem to be the easiest to exploit. I've tried the ROWS and although they pay the same, I keep seeing too many of the same sections REPEATING whereas I do not see this with the ROWS.
So...
Betting a buck on any section to start -- let's say the 1st 12.
A 14 comes up and you lose. Now you CHASE the section i.e., bet the buck that you lost on the 2nd 12.
A 27 comes up and you lose again. You are down $2. Again, you chase the section and place a $2 bet on the 3rd 12.
A 33 comes up and you WIN. At 2 to 1 odds, your $2 bet wins $4 plus you get your $2 bet back.
$1 + $1 + $2 = $4 in total bets.
The last bet of $2 wins you $4 total but you got your last bet of $2 back.
So you actually lost only $2 but you won $4 -- you are now up $2. A hell of a grind because of your smallish bankroll but if you break the $200 down into smaller session bankrolls -- less than $25, you could very easily lose that session bankroll pretty fast.
I think the $25 could keep you in the game for the entire 20 minute session or pretty damn close.
Money management... This is a two step process i.e., you must progress your bets in an intelligent manner and ultimately when you have won say, another $200, you could now consider your options...
1) Either keep playing the same way so as to lower your overall bankroll (now $400) risk i.e., you now have 16 session bankrolls of $25.
OR
2) Keep playing risky... LOL. In other words, double your minimum bet to $2 instead of $1.
If it were me, I would want to keep increasing my session bankrolls in order to stay in the game longer. The longer you stay in the game, the easier it will be for you to come out winners but ONLY if you keep your sessions SHORT i.e., 20 minutes and stick to your stop losses.
The idea here for proper money management is to keep increasing your overall bankroll to the point where you can SAFELY increase your minimum bets and still have a lot of session bankrolls to carry you through the losing sessions.
The other part of proper money management is proper betting strategy... In this particular case, if it were me, my progressions would be as follows:
$1 - $1 - $2 - $3 - $4
You could go to another level and bet $6 for the next progression but at that point, IF YOU LOSE that bet, you've lost $17 so because of the short sessions of 20 minutes I wouldn't make that $6 bet.
Keeping it to no more than $4 on the 4th progression, you only lose $11. Still almost half of your session bankroll and to be honest, still very risky.
If you don't like risk, then I would keep the progression grind down to:
$1 - $1 - $2
Then if you lose every one of those bets, start the progression over. Yes, this would indeed be a hell of a grind but two good things would happen out of this less risky play...
1) You'll stay in the session longer
2) You'll train yourself to be more disciplined
In this type of situation, I would estimate that you'll win anywhere from $8 to $30 per 20 minute session OR lose the $25 or a portion thereof.
I actually did this exact same grind over at LasVegasUSACasino.com last week... I signed up for an account and they GAVE me $10 free to play with. LOL. I did exactly the progression I just outlined and ground it up to $100 in two days of playing -- approximately, 7 or 8 sessions total.
After I got my bankroll up to $100, I didn't increase my minimum bet but I did increase my progressions to top out at $6.
It's been about a week now and the bankroll is slightly over $800 now. Not bad starting out with $10 of their money.
I came up with this strategy from playing with RS and utilizing my tweak of betting the sections of 12 instead of the combo bets. I noticed a lot of repeating at every online casino I've played at thus far. I'm still using RS a little here and there but so far, the chasing sections system seems to work well for me in short bursts of 20 minutes.
Rounds per day... That's a hard one because it really depends on YOU! Don't play when you're tired. Don't play when you're stressed. In fact, I would recommend about 3 minutes of deep breathing just prior to logging in and playing. Don't play if you're pissed off. Don't play if you're hungry... Don't play if you're pressed for time. Every outside influence can EASILY cause you to play a hunch and it's those fuckin' hunches that will lose your session bankroll in a heartbeat.
With the situation you've outlined AND IF IT WERE ME, this is probably how I would approach it. LOL.
And I still recommend RS for playing too. In fact, you could take your $200 and configure RS to play according to the strategy I outlined above but INSTEAD of betting every spin, bet a buck on red and a buck on black. You only lose if the ZERO comes up. A small price to pay for playing FREE as it won't happen that often.
So now with RS properly configured, you could easily just bet red and black until RS tells you to make a bet and INSTEAD of doing what RS tells you, just bet the whatever section of 12 the recommended RS bet is in.
Still a grind but probably less risky than playing blind as I outlined above. Keep the sessions to 20 minutes win or lose.
Overall sessions per day should be dependent upon how GOOD you feel. You don't want to be distracted and you want to be COMFORTABLE.
Hope that helps...
Good luck!
filmy
