The buzzwords “money management” is thrown around left and right in the gambling world. Look around for advice on money management and you will find everything from grossly incomplete articles to full blown strategies for brilliant mathematicians. Today, I will share a quick and easy money management strategy that you can use each time you gamble. It’s effective and takes just a minute to learn.
I will give you an easy way to manage your gambling sessions. Sure, you could dive deeper into money management and run it like a business, but this isn’t practical for most people. Gambling with no money management is foolish though. By simply managing your sessions, you will give yourself a better opportunity to win and withstand losing streaks.
This session management strategy will work for games like Craps, Roulette, Baccarat, Blackjack and so forth. Sports betting and poker would require a little tweaking. Here’s the basic content. Gambling is full of streaks. The worst thing I can think of is encountering a long losing streak when you first start playing. Talk about a bad experience. The goal of this strategy is to give you a fighting chance to withstand those losing streaks and to allow you to capitalize on the winning ones.
Step One: Bankroll
The first step is to come up with an amount of money you wouldn’t mind losing. This is called your bankroll. For our example, I will use $200 as my bankroll and I will be playing Blackjack.
Step Two: Betting Units
A betting unit is simply the amount of money you will bet per opportunityper hand in Blackjack. Since streaks can last a little while, we want to divide our bankroll by 25. It’s ok to divide by more, but doing less is really not helping much. Dividing my bankroll by 25 gives me $8 betting units. I can now bet up to $8 per hand.
Step Three: Action
Let’s assume there’s an $8 table somewhereyes, I know there isn’t, but this is just hypothetical. It would be foolish to play there, even though my betting unit is $8. You want to give yourself the opportunity to bet up and down. In this case, going to a $5 or less table is optimal. Occasionally, you need to reevaluate your bankroll and adjust your betting unit up or down. For example, if I were to raise my bankroll to $300, my betting unit is now $12. I will want to increase my wagers.
As you can see, this simple strategy of managing your money will allow you to increase profits, withstand many losing streaks, and have more fun.
Three features that should dictate any slot players’ search for basic slots are:
1) Single payline, in your quest to stretch your gambling bankroll.
2) Slot players should also look for 2 coin maximum non-progressive machines only.
Whereas a 2-coin machine may pay 80 coins for 3 double bars with 2 coins in, a 3-coin machine may show a pay of 120 coins for the same combination. However, remember, you had to gamble an extra coin, each spin; therefore, the payouts are generally equal. Three coin machines look more lucrative in their payoff structure because they show that the player will win more, but the player also has to bet more to get this.
Players who play the 3 coin machines will spend considerably more than players who invest more of their playtime and money in the preferred 2 coin machines, equating to more pulls on that slot, and more chances to win a jackpot.
3) Slot Players will want to seek out those slots that pay double jackpots on certain pay-line combinations.
The principle of this ‘double’ symbol is very simple; whenever it appears on the payline in combination with any other symbols that normally would have made a winning combination, the payoff amount is doubled.
Look closely to see which machine you are playing, as not all machines will double and quadruple all pays and not all machines will have double jackpots win possibilities.
Some machines will have only 2 double symbols, one on each of the first two reels while other machines will have 3 of these double symbols, one on each of the 3 reels.
When choosing a ‘double’ machine, it is important not to confuse them with wild cherries or any other symbols noted on the machines payoff display as being ‘wild’. Symbols identified as being wild sub for any other paying symbol, but do not double the payoff.
Additionally, most slot machines with 1000 coin top payout will hit more often than those with 5,000 or 10,000 top jackets…makes sense.
Blackjack players will argue loud and long at me for this, however there is data available that theorizes you can make just as much money on an hourly basis playing slots:
I rest my case for playing 2 coins machines. With quarter machines, the most played slots, I would have an extra $150. to play with, 300 extra spins/pulls at 2 coin machines and a greater opportunity for jackpots.
I realize that the popular slots today on and offline are bonus multi-line versions and they are definitely a lot of fun to play and will put profits in your pocket.
I write about them extensively in my articles and Casino Players Ezine, gambling newsletter, however, for the novice slot player–basic, single payline slots is an excellent starting point.
Remember: ‘Not only do you have good luck with a gambling education, but you are making your luck.’
Until next we meet in the Slots Playground.
With every new video game purchase, you will find a humble paper booklet included inside the game case. This is commonly known as the video game instruction book. Some video game instructions are just a few pages of basic info, while others are thick, full colour books, containing maps or lots of crucial background information–without which you will have a very frustrating experience as you attempt to play the game. Sometimes whole areas of a game may not be obvious to you without the video game instructions to provide an overview of the action.
As anyone who has ever tried to sell their used game on eBay knows, video game instructions are a must if you want to fetch top dollar. Particularly if the game is in question is at all rare or collectible. So what to do if you have lost or mangled your video game instructions? Not to worry, there are sources online where original replacement video game instructions can be purchased. The expense of replacing the booklet can often be very slight compared to the increased value of the complete game.
Even if the game is not especially rare or valuable, some gamers are very particular about having a complete collection in pristine condition. If they find themselves without the video game instructions for one of the games in their collection, they will go to great lengths to track down a suitable copy of the missing game manual so that they can rest easy, knowing that their collection lacks for nothing.
While many video game instructions can be found online in the form of PDF scans or gamer written walkthroughs, true collectors scorn such things, knowing that nothing but the original booklet will satisfy their completes souls.
Even when playing games with extensive help features built in, you can still benefit from having a physical copy of the video game instructions. The instruction book allows you to refer to various game facts and charts without having to pause the action and click through multiple levels of help menu options to find the particular piece of info you need. This can save lots of time and aggravation in the long run.
Some businesses which rent out games to customers have found ways to condense the essential information necessary to play the game into a single page and affix it to the rental case. This eliminates the problem of replacing the video game instructions which inevitably go missing or get ruined by sticky fingers and voracious pets. However, if you purchase one of these former rental games, you will probably want to invest in the proper display case and video game instructions.
In conclusion, it should be clear by now that video game instructions are not a mere afterthought, but an important component in your successful and enjoyable gaming experience. So treat them with the respect they deserve!
Outdoor hunt sports are experiencing renewed interest today. In the 1960′s there was an awakening and recognition of a need to return to nature and traditional ways of living. Those who left the city, returning to the country, discovered two things. First, a lot of folks still lived in the country where hunting and fishing were a way of life, not just an activity during vacation. Second, there is great aesthetic, even spiritual satisfaction from harvesting what you consume from your own garden, from the woods, and from the lakes and the ocean.
Hunting large and small game has been at the core of a natural lifestyle forever. Although it is a classic traditional American recreation, it is much more than that. Each year millions of parents take to the woods with their kids and grandchildren to enjoy the outdoors, to learn about wildlife and to teach them how to hunt and fish, and to appreciate and respect nature and our place in it. If you ask a wide cross section of the population you’ll hear that many of their best memories are of hunting and fishing with dad and grandpa.
Hunting rabbits, ducks and squirrels put food on the table for our great grand-parents and grandparents. It was a way of life then and still is.
If you pick up an outdoors or hunting magazine there are a lot of pages devoted to deer hunting. One hunter is likely to ask another, “Did you bag a deer this year?” That’s a little misleading. Today the most widely-hunted game animals in the country, now and for generations, have been rabbits and squirrels. There are a number of good reasons for this. These animals are everywhere, widely distributed, abundant, easy to bag and prepare, and they’re delicious.
Rabbits and hares are found virtually everywhere throughout North America and into Central America. Every state has at least one species. Most states have more.
Rabbits are highly adaptive. They’re found in most every environment. As a result they are often abundant. While all species eat only vegetable matter, their diet is flexible. What they eat depends on their home territory. They have a deserved reputation for eating just about anything, sometimes everything. When food is plentiful, rabbit populations explode. Hunters can count on finding them near agricultural areas.
Rabbits are not true nocturnal feeders. They feed at dawn and dusk when both night and daylight predators have difficulty seeing. That makes those twilight hours the best times for us to hunt them. When food is readily available and predators are few, rabbits become less alert and are fairly easily taken, even by less experienced hunters.
Rabbits, like all small game, should be field dressed as soon as possible so the meat doesn’t become tainted. They are fairly easy to prepare for cooking. Skinning them is not a major chore, but is easier before they become cold or frozen.
Rabbits, squirrels and some other small game can contract tularemia, a bacterial infection, transmitted from ticks. Gloves should be worn when skinning and preparing them. The meat should always be fully cooked prior to eating it.
Squirrels are the second most-hunted game animal in North America, for most of the same reasons as rabbits. Hunters focus almost exclusively on the three dominant species of tree squirrels, of which the eastern and western gray squirrels are the most available.
Like rabbits, squirrels will adapt their diet to what’s available. They can also become pests to farm crops.
Most states confine hunting to the Fall season, but a few have a Spring hunting season, as well. Wildlife management departments in those states say that two hunting seasons have no negative effect on the populations.
Squirrel is very easy to prepare for cooking. The meat is delicious. There are dozens of traditional recipes, many with distinctly regional accents and ingredients.
Much has been said and written to praise the many merits of small game hunting. It emphasizes a close relationship with and appreciation of the natural world in which we live, It teaches responsibility, tradition and strengthens family bonds. One of it’s greatest rewards is the simple pleasure of sitting down to a meal of food you’ve grown and game you’ve brought home and cooked.
If you can hunt, there’s no need to fear the higher costs of living today. You will be self-reliant. Take along a practical outdoor survival knife just in case you need it. Afterward, your game will make a great meal.