Managing your money is one of the most important factors
in online gambling and real world gambling strategy. Prior
to each casino gambling session you should figure out what
your betting unit will be and at what point you will quit.
Your betting unit should generally be about 1% of your entire
bankroll if you are a passive gambler and up to 2% if you
intend on being a more agressive gambler.
Planning ahead and choosing your win and loss limit will
keep you from losing frequently and keep you walking away
with a bigger bankroll more consistantly. Make sure your
win and loss limits are reasonable and are firm, don't alter
them once you have begun, this usually leads to disaster.
Once you have reached either limit you need to get up and
walk away; don't think that maybe the next hand will be
your lucky break.
It is imperative that you walk away once you have reached
your win goal, the next hand could start a downward spiral
that could lose all your winnings. Keep this point in your
head as it is the most important. "It is better to
walk away a little winner than a big loser."
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