Roulette is more of an expense than an income opportunity. The world is yet to hear of someone who generates consistent income from a casino. Of course, people do get lucky, but those chances are few and far between. The bottom line remains that you need to classify your gambling activities as a liability, next to your fancy car and boat. Once you have this in mind, your gambling hobby will not affect your “other” life.
Just like cigarettes and alcohol, casino games are highly addictive. They trick you into trying “one” more time, and you all know how that goes. The situation is similar to a guy who drinks way past their budget – straight into the rent and food money. To help you avoid such a misfortune, here are some critical money management tips you can add to your bag of skills.
Create a separate bankroll for roulette
Do you want to get off that vicious loan cycle? If so, you need to create a separate bankroll for your gambling activities. Further, you can divide the money into several equal amounts. Then use that data to help you plan the frequency and duration of your roulette sessions. That will automatically set a stop loss point and a take profit margin for those lucky nights.
Avoid progressive strategies
Does it sound sensible to double your bet after losing the previous one? (Thought so too). This approach could make you go broke in no time, even if you are the heir to Bill Gate’s kingdom. It just doesn’t seem right. The only sensible thing to do is to place equal bets. Your aim should be staying longer on the game rather than winning.
Ideally, these two strategies will save you from the embarrassment of being kicked out of the session after say, three spins. However, good luck in your future gambling sessions!