Refuse to Lose (as much)

[ko king]

That's been my motto for the last few years and it seems to be working okay for now. I love to play the game but I had to find a way to control the cost. My first run at this turned out real bad. I decided I would continue to play as much as I ever did but I would drop denomination played down to $1 and only play a game that had 99.58% payback percentage. I was destroyed playing that strategy, the good hits never came, I kept hoping and expecting them to but it didn't happen. What I'm doing now is working much better, problem is it requires that I don't step foot in any casino for different lengths of time. I'm still playing $1 denomination but I'll set a few dollars to the side to dedicate to playing, when it gets to a certain level I go play. If I lose that bankroll I don't go back until I build that bankroll back up. I'm still getting to play a lot of vp because I've had some good hits this year which allowed me to use more of their money. I was on a pretty good roll but hit a rough streak and busted the bank so it's now been almost a month since I've played. Got my playing money built up again and am getting ready to play again, if I go bust I'll just walk away until the bankroll builds up for the next charge. I'll still wind up a loser but nowhere near where I've been in the past. My free offers have pretty much dried up, no more trips to Reno, Laughlin or Vegas but I did get an offer to see a show for free, it was an Elvis impersonator, I turned that offer down.

[notes1]

I have been doing something similar for a couple of years now. I have a set amount of money I am willing to lose, and play as often as I can, without exceeding that loss limit. if I happen to be on a good streak like now, only lost a total of $600 for the past 4+ months, I can go more often, if I exceed my limit, I stop playing for some time period.

the machines I have available to play on, one is expected to lose and that is normally what happens, unless one gets lucky. as a result, I think money management, while it has always been important, is even more relevant today.

it is no different than if one's entertainment is eating out. if the prices go up, you either scale back the number of times you go, or you adjust the amount you are willing to spend each time.

[MalcolmDupuis]

I lost only 500$ maximum