Planning ahead, in terms of your finances, is the only way by which you can enjoy your time in a casino without spending too much.
In other words, when you create a system that will help prevent you from running out of money.
Which begs the question: how do you do this?
Here’s a two step process that will help you it:
The first thing that you need to do is consider what games you will be playing. It should be obvious that the way you manage money is clearly different when playing slots as opposed to managing a bankroll for sports betting.
In other words, there are some beatable games such as poker, video poker and blackjack that will require a different approach compared to Keno and baccarat.
The next thing that you need to consider is the fluctuations, in terms of winning and losing. The bankroll that you settle with should be able handle these fluctuations.
As for determining the amount of bankroll to carry with you, you have to consider a few factors: which games you will be playing, their average return, your level of skill at that game. Also, look at the number of hours you intend to play apart from how much money you are comfortable in losing.
Finally, the last aspect that you must consider is how to reduce your expected loss per hour. For this, you either place fewer bets per hour or just play better.
What this translates to is either playing fewer spins per hour or even playing less money per spin. Also, ensure that you play games that you are most skilled at or have a basic strategy for. While this might not apply to slots, most casino games can be played with a given strategy.