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Don’t Chase Your Losses!

It may seem just so obvious, but when that adrenalin hits you- it really is the hardest thing in the world to do when you are losing- LEAVE!!

If you are an avid subscriber to our network, you should already know that you need baisc strategies (along with a little common sense!) when playing casino games. For example, doubling down at blackjack. But along with these strategies comes something that needs something many gamblers don’t have and thus explains why casinos rake in profits in excess of their mathematical margins- discipline!

This discipline requires that you enter into a casino, be it online or offline, with a money management strategy. Say you have $200 USD that you are prepared to play with and that your target is to double your money and thus make $200. And your stop-loss is when your $200 bankroll has gone.

The emotions of gambling, and even your brain chemicals such as dopamine- will all tell you to rush out to the cash machine, get more money and try to win your money back!

Don’t!! Remember that there is always tomorrow. Call it mystical, but good runs in gambling tend to come in flows. If you’re having bad luck, it’s unlikely to turn around the same day. And chasing your losses is when you start to get into real trouble.

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