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can be wild winning and losing streaks when playing
blackjack, so it is important to understand how
to manage your money while you are playing. You
need to plan ahead so that you will already have
made decisions about when it is time to quit and
how you will bet. With these decisions already
in place, all you have to do is stick to your
plan.
Before you start playing, make sure you have
a large enough bankroll to cover any streaks.
A typical bankroll should be about 40 times
the amount you normally bet at one time. If
you bet $5 at a time, you will need about $200.
If you are short, it is better to lower the
amount of your bets than to take less money
and hope it will be enough.
Of course, as with any other type of gambling,
you should only bet what you can afford to lose.
That doesn’t mean you should just make
sure you have enough left to cover the bare
necessities either. If you are going to be emotionally
upset about losing $100, then it is too much.
If you can lose $1000 without giving it a second
thought, and have enough money to pay your bills
and maintain the lifestyle you want, then that’s
not too much. The amount that you can afford
is something that only you can determine.
Your goal should be to double your money. If
you do that, you’ve done well. If the
table seems to have a lot of ups and downs,
just be happy to leave when you’re ahead.
Whatever you do, never bet more than you have
decided on ahead of time. Make these decisions
when you are calm and rational, not when you
are surrounded by bright lights and have too
much adrenaline coursing through your system.
If possible, take only the money you plan to
spend with you to the casino. Learn to keep
your bankroll under control, and you are much
more likely to come out a winner.
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