Entering the casino

Chapters on Blackjack Money Management discuss amounts in detail. For now, accept the fact that you must have both minimum win and maximum loss figures to signal you when to quit playing. It is essential that you set these goals, but absolutely imperative that you don't forget them. Without win or loss figures in mind, you're inviting disaster. Right here in front of casino, your decisions must be made, before you get caught up in the glitter and noise inside.

It is the lack of discipline that destroys most players in gambling. Discipline is needed to quit when either a win or loss level has been reached.
As I have said before, I strongly urge that you be willing to settle for a conservative return on your investment. Since you have a bankroll of $450, your expectant win figure should be $90. That's a 20% return on your money.

I can hear the moans and groans. You probably want to double your money.
Well, face reality. Getting a 20% return on your money is quite an accomplishment.

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I am not setting a win ceiling, only a win goal. The goal should be realistic, so it is within reach. Once you reach the goal, I will teach you how to pull back a certain amount, guarantee a win for the day, and then take your shot at bigger winnings. But first, back to basics:

Get to understand how difficult it is to win at casino games, but also appreciate that it is possible to win. Practicing the BIG 4 makes it possible. If you think winning means at least doubling your money every time, you'll stay a loser.

The purpose of gambling is to take a certain amount of money into a casino and walk out with a profit. The more you bring into battle, the bigger the return.

But, if you go with a small bankroll, then learn to live with a small return.

Inside the casino, your cash is converted into chips. The chips can deceive you about their worth. Nevertheless, you are playing with real money! Don't forget this fact for a single second, or those pretty colored plastic pieces will lull you into being reckless. Monopoly money it ain’t!! It's the legal tender, the coin of the realm, the pay you earned with your sweat!

I've seen people with $1 chips get bored and start making crazy bets. They see other players with $25 chips, and get jealous. The atmosphere and sparkle of a casino influence and ruin many gamblers. That's why I insist you make decisions as to how much money You will lose, or win, in the sunlight away from the glare and glamour.

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