Gronbog wrote: ↑Sun Apr 24, 2022 8:00 pm
Jlit wrote: ↑Sun Apr 24, 2022 5:36 pm
Maybe in the long-run this doesn't actually matter?
You nailed it
I agree, and would like to flesh out that conclusion more.
When you're new to gambling and trying to absorb everything, you look at a variety of things --- hoping to find a key to success. Many players look to "when to cash out" as perhaps being one of these keys. It seems logical that it is, because all of us have experienced being way up and then lost everything we were ahead and ended up losers. It seems obvious that if we had just quit when we were ahead, we would have avoided all of that losing.
Unfortunately, it doesn't work that way. Sometimes when you get ahead 500 credits (as one arbitrary figure), if you continue to play you'll find that that was the high point. Other times being ahead 500 credits, if you continue to play, you'll hit a royal flush that day and be up more than 4,000 coins.
There is nothing special about being ahead 500 credits since you got out of bed this morning. It's all one big play. Your score will go up. Your score will go down. When you choose to stop for the day and record your score is largely irrelevant.
What does matter is: are you playing a game where you have the advantage? If not, you're going to lose, no matter what money management systems you practice. Saying, "I can't find any games where I have the edge, but I'm going to play anyway" leads to eventual losses.
Do you know the correct strategy well? Mistakes cost money. Guestimating the best play can be expensive. Playing games you don't know well is a bankroll buster.
Are you awake and sober enough to play well? This is far more important than how big your score is.
Are you playing during promotions? Multiple points (there are a variety of types of points at different places) are better to get than single points. Playing when you get gift cards is better than playing when you don't get gift cards. Playing when you earn drawing tickets is good if you can be at that drawing. Etc.
Swiping in at the kiosk before you start play is important at some casinos. Other places it doesn't matter when you swipe, so long as you swipe sometime during the day. Other places don't require swiping at all. Keep track of the rules at the places you play. Don't assume that the next place is the same as the last place. It probably isn't.
These things are FAR, FAR more important than when to cash out.