Slot Machines and Money Management

Slot Machines

It is important to remember that when you are playing the slot machines that the house has an edge – and they want you to lose. They want you to win something because it will keep you playing, but ultimately they want your money. The more money you feed into the slot machines – the more money they make on their casino. 

That being said, there are ways to make your slot machine playing experience more enjoyable than others. You can sit and feed money into the slot machine for hours on end, but at the end you didn’t have any fun and you probably feel some regret that you didn’t go buy something with that money instead. Or you dumped your money into the slot machine and were done in an hour, and you are still in Vegas for three more days with no money to gamble. 

However, this is not the case if you manage your money wisely and you play the slot machines for fun. Let’s say you are going to Vegas for four days. Figure out how many times you want to hit the slot machines or the tables over those four days – twice a day, three times a day? Then you take your money and you divide it up by the number of days, and then by the number of times that you want to go play. You put it into separate envelopes and do not allow yourself to touch money from another envelope. Let’s say you have four days of playing four times each day – you will need sixteen envelopes all with the same amount of money. 

Saturday morning, you take your Saturday morning envelope and go play the slot machines. When that money is gone, you leave the gambling floor and go do something else. When it is time to gamble again, you take ONLY your envelope for that time, and then leave once the slot machines have taken all of your money. Some people like to put the money they win in a separate place, and not touch it. Know that if you keep playing until the money you brought and the money you won is gone, you will probably come home with nothing. 

Do not take your ATM card with you for you will be sorely tempted to pull money out if things are not going so well. So don’t do this, no matter what. Stick to your management system and you will have plenty of money to play the entire time you are there, and you won’t come home feeling like you have just made the biggest mistake of your life – or even worse – now you won’t be able to pay mortgage, etc.

 

 

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