Best Cashing-Out Practices??

[calwatch]

One guy my wife and I watch every night is Vegas Matt. He shows you a 30min video of his play most the time winning not all but most the time. Just a few nights ago he said he is at the casino 8 hours a day. So one might think he is doing well playing slots but did he win the other 7 1/2 hours? Nobody knows. So take what you read see and hear on YT and chalk it up to entertainment, no one can beat the machines it's all a fantasy. The YT is full of people trying to get you to click there video for more AD revenue.

Matt had a successful career as a top multi-level marketer. In addition to play shown, there are back end comps which are not necessarily transparent as they aren't real paid promotions, but could be loss rebates, food and beverage, etc. not available to the average gambler. It is also known that Matt will take on investors, there are videos where the name of the card being used is carefully blurred out because not only are the investors contributing their share of the pie, but also earning points at $100 a spin or whatever which may help them move up status or grow as a customer. The Jackpot Gents, who promote this site, are probably the most transparent with their play, and Steve Bourie is known to be a square and very much focused on EV, to the detriment of the channel and the consternation of his son Matt who is the main operator of the channel.

[PredsDawgs]

I bring exactly as much money as I'm willing to spend/lose and I have an amount already determined of what will satisfy me to leave as far as winning. So I either hit that amount and cash out immediately and go home or I lose the entire amount that I brought with me.

I consider each session independent of one another even though in the back of my mind I have a running total of what I've won and lost recently. Basically meaning if I had a bad night the last time I'm not going to walk in the casino and try to chase my losses immediately. I'll still play the way I normally play and also if I had a great night the last time I'm not going to get cocky and try to do things I don't normally do. I try to play consistently no matter if I've been winning or losing recently.

[Bsobi]

It is all one big long game, regardless of individual session length. I always know exactly what my bankroll position is, in terms of my cash winnings. The bankroll position takes major swings up and down over time, but if I *play the right games the right way*, it gradually increases.

You cannot accumulate a nice bankroll over time by playing scared. Like I just wrote, there are major swings up and down. Changing everything, becoming discouraged, or even quitting altogether because of a major downward swing is what I call playing scared. *Play the right games the right way* and you will see a gradual increase ........ but roll with the punches --- downward swings are a natural part of VP.

To play the right way, you need to be able to concentrate on each hand. I see too many players play in automatic mode until something interesting pops up. Think and concentrate on each hand --- some provide unexpected opportunities. Don't come to the casino on 5 hours of sleep. Don't order alcoholic drinks. As BD wrote, don't think that you "have to" play today. If a decent paytable is not available, enjoy the ride home.

Even if you do everything perfectly, major downward swings are still likely and that's an expected part of the equation. I lost $2,100 three days ago and went home feeling ok because I know it happens. I am still up almost $36,000 with my 2022 bankroll and I totally realize (and accept!) that it will sometimes take major hits. But if I *play the right games the right way*, it will continue to gradually increase.

(Disclosure: At one time I played session by session, glorying in winning sessions and ready to jump off a bridge after losing sessions. It was not until I starting playing with a unified, long-term bankroll and accepting the major swings of VP that I realized how to play smart.)

This was a nice read, and I needed it today after losing a bit. Thanks! Need to play like your disclosure reads. Today was one of those bridge feelings lol

[FAA]

The Jackpot Gents, who promote this site, are probably the most transparent with their play.
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To your point, they just had a +$18,570 day after a $20,000 TDB quad Aces plus kicker.

[cassiedell]

I look at it like a part time job. If I can leave being paid $50 an hour for my play (min $150 ahead) I will cash out, add that to my bankroll, wait for my next comp tab, and have a better overall chance next time.