Interesting Article in this month's Arizona Gaming Guide that discusses several bankroll issues appearing in previous forum posts.
How to be a Happy Gambler
How to be a Happy Gambler
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OTABILL
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Tedlark
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Nice article Bill and I took a few minutes to scroll the entire magazine, thanks,
My only question is when did my future wife pose for the cover shot of this publication?
My only question is when did my future wife pose for the cover shot of this publication?
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OTABILL
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Nice article Bill and I took a few minutes to scroll the entire magazine, thanks,
My only question is when did my future wife pose for the cover shot of this publication?
Looks like you need to come to Arizona to track her down, .
AZ Gaming guide is a nice publication. Covers the state and Laughlin NV as well.
My only question is when did my future wife pose for the cover shot of this publication?
Looks like you need to come to Arizona to track her down, .
AZ Gaming guide is a nice publication. Covers the state and Laughlin NV as well.
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FloridaPhil
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This is a pretty good article that rehashes stuff most of us know. For those new to the game, money management is essential to being "happy" with your trip to the casino. Let's face it, going home broke time after time is no fun. To be a "happy gambler", I think you must determine why you are gambling in the first place. I think most recreational gamblers fall into two major groups, thrill seekers and strategists. Thrill seekers jump from game to game seeking the "high" of a win. Long term winning is something they desire, but it's not their total motivation. They tend to have their own strategy which changes often. Some thrill seekers check the odds and some may even know computer hand strategy. They also tend to move up and down in denomination, up when they're winning and down when their money is running out. Thrill seekers also like to take frequent "pot shots" or tend to stop by the high limit room for a quickie. Thrill seekers play until they win enough to walk out satisfied or they run out of money. In my opinion, there's nothing wrong or stupid about being a thrill seeker as long as you realize what you are doing and are willing to pay the price.Strategists consider all their casino visits as one long continuous visit. They know one or two games very well. They pick their games based on the odds and variance first and their excitement level second. They chose a denomination based on their comfort level, stick with it through winning and losing concentrating on accuracy above all else. They know on average how much money it takes to play for as long as they want to play and they take only that amount to the casino. They also have a well defined strategy for when to leave the casino. It may be a time limit or a financial limit, but they know what it is and they stick to it. Strategists are also bankroll builders focused on long term play, not on short term thrills. Until recently, I was a dedicated gambling thrill seeker. It took me many years to move from a thrill seeker to a strategist. This wasn't easy as frankly "thrill seekers" have more fun or at least their highs are higher. The main reason I was able to make this move is my wife who plays along side me. She has always been a strategist even though she didn't know the difference. She will flat bet the same amount until the cows come home. Once in a while my thrill seeking strategy would pay off with a hand pay royal or a nice run in the high limit room, but at the end of the year she always made out better. Eventually, I changed my motivation. Does being a strategist make me a happier gambler? I'm not sure about that, but it definitely makes me a more financially effective one. Whatever path you chose, think about "WHY" you are doing it. If you enjoy being a thrill seeker, go for it. My choice should not be everyone's choice. It's your money...
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alpax
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Thanks for sharing another good article Bill. The only part I would dispute is that $100 bankroll for a day's visit is not good anymore for today's standards at most casinos in the Southwest states (AZ/NV/CA).
I concur with Ted, the whole publication is a good read for recreational gamblers in general. There are many good tips that players can take to stretch the amount of action on their bankroll.
This is a pretty good article that rehashes stuff most of us know. For those new to the game, money management is essential to being "happy" with your trip to the casino. Let's face it, going home broke time after time is no fun. To be a "happy gambler", I think you must determine why you are gambling in the first place. I think most recreational gamblers fall into two major groups, thrill seekers and strategists.  Thrill seekers jump from game to game seeking the "high" of a win.  Long term winning is something they desire, but it's not their total motivation. They tend to have their own strategy which changes often.  Some thrill seekers check the odds and some may even know computer hand strategy.   They also tend to move up and down in denomination, up when they're winning and down when their money is running out.  Thrill seekers also like to take frequent "pot shots" or tend to stop by the high limit room for a quickie. Thrill seekers play until they win enough to walk out satisfied or they run out of money. In my opinion, there's nothing wrong or stupid about being a thrill seeker as long as you realize what you are doing and are willing to pay the price.Strategists consider all their casino visits as one long continuous visit. They know one or two games very well. They pick their games based on the odds and variance first and their excitement level second.  They chose a denomination based on their comfort level, stick with it through winning and losing concentrating on accuracy above all else. They know on average how much money it takes to play for as long as they want to play and they take only that amount to the casino.  They also have a well defined strategy for when to leave the casino. It may be a time limit or a financial limit, but they know what it is and they stick to it. Strategists are also bankroll builders focused on long term play, not on short term thrills. Until recently, I was a dedicated gambling thrill seeker. It took me many years to move from a thrill seeker to a strategist. This wasn't easy as frankly "thrill seekers" have more fun or at least their highs are higher. The main reason I was able to make this move is my wife who plays along side me.  She has always been a strategist even though she didn't know the difference. She will flat bet the same amount until the cows come home. Once in a while my thrill seeking strategy would pay off with a hand pay royal or a nice run in the high limit room, but at the end of the year she always made out better. Eventually, I changed my motivation. Does being a strategist make me a happier gambler?  I'm not sure about that, but it definitely makes me a more financially effective one. Whatever path you chose, think about "WHY" you are doing it.  If you enjoy being a thrill seeker, go for it. My choice should not be everyone's choice.  It's your money...
+1 / Like / Thumbs Up
I concur with Ted, the whole publication is a good read for recreational gamblers in general. There are many good tips that players can take to stretch the amount of action on their bankroll.
This is a pretty good article that rehashes stuff most of us know. For those new to the game, money management is essential to being "happy" with your trip to the casino. Let's face it, going home broke time after time is no fun. To be a "happy gambler", I think you must determine why you are gambling in the first place. I think most recreational gamblers fall into two major groups, thrill seekers and strategists.  Thrill seekers jump from game to game seeking the "high" of a win.  Long term winning is something they desire, but it's not their total motivation. They tend to have their own strategy which changes often.  Some thrill seekers check the odds and some may even know computer hand strategy.   They also tend to move up and down in denomination, up when they're winning and down when their money is running out.  Thrill seekers also like to take frequent "pot shots" or tend to stop by the high limit room for a quickie. Thrill seekers play until they win enough to walk out satisfied or they run out of money. In my opinion, there's nothing wrong or stupid about being a thrill seeker as long as you realize what you are doing and are willing to pay the price.Strategists consider all their casino visits as one long continuous visit. They know one or two games very well. They pick their games based on the odds and variance first and their excitement level second.  They chose a denomination based on their comfort level, stick with it through winning and losing concentrating on accuracy above all else. They know on average how much money it takes to play for as long as they want to play and they take only that amount to the casino.  They also have a well defined strategy for when to leave the casino. It may be a time limit or a financial limit, but they know what it is and they stick to it. Strategists are also bankroll builders focused on long term play, not on short term thrills. Until recently, I was a dedicated gambling thrill seeker. It took me many years to move from a thrill seeker to a strategist. This wasn't easy as frankly "thrill seekers" have more fun or at least their highs are higher. The main reason I was able to make this move is my wife who plays along side me.  She has always been a strategist even though she didn't know the difference. She will flat bet the same amount until the cows come home. Once in a while my thrill seeking strategy would pay off with a hand pay royal or a nice run in the high limit room, but at the end of the year she always made out better. Eventually, I changed my motivation. Does being a strategist make me a happier gambler?  I'm not sure about that, but it definitely makes me a more financially effective one. Whatever path you chose, think about "WHY" you are doing it.  If you enjoy being a thrill seeker, go for it. My choice should not be everyone's choice.  It's your money...
+1 / Like / Thumbs Up
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FloridaPhil
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[quote=alpax]The only part I would dispute is that $100 bankroll for a day's visit is
not good anymore for today's standards at most casinos in the Southwest
states.[/quote]Unless you have nickel VP available to you, I agree $100 in not enough of a bankroll for a strategy player. If you are going to play for any length of time, 1,000 coins minimum is about right. I like it because it's the amount of a quad deuce jackpot which I calculate as having a 50/50 chance of hitting in any one day's play. Others may have different views.
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OTABILL
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Thanks for sharing another good article Bill. The only part I would dispute is that $100 bankroll for a day's visit is not good anymore for today's standards at most casinos in the Southwest states (AZ/NV/CA).
I concur with Ted, the whole publication is a good read for recreational gamblers in general. There are many good tips that players can take to stretch the amount of action on their bankroll.
[QUOTE=FloridaPhil]
This is a pretty good article that rehashes stuff most of us know. For those new to the game, money management is essential to being "happy" with your trip to the casino. Let's face it, going home broke time after time is no fun. To be a "happy gambler", I think you must determine why you are gambling in the first place. I think most recreational gamblers fall into two major groups, thrill seekers and strategists.  Thrill seekers jump from game to game seeking the "high" of a win.  Long term winning is something they desire, but it's not their total motivation. They tend to have their own strategy which changes often.  Some thrill seekers check the odds and some may even know computer hand strategy.   They also tend to move up and down in denomination, up when they're winning and down when their money is running out.  Thrill seekers also like to take frequent "pot shots" or tend to stop by the high limit room for a quickie. Thrill seekers play until they win enough to walk out satisfied or they run out of money. In my opinion, there's nothing wrong or stupid about being a thrill seeker as long as you realize what you are doing and are willing to pay the price.Strategists consider all their casino visits as one long continuous visit. They know one or two games very well. They pick their games based on the odds and variance first and their excitement level second.  They chose a denomination based on their comfort level, stick with it through winning and losing concentrating on accuracy above all else. They know on average how much money it takes to play for as long as they want to play and they take only that amount to the casino.  They also have a well defined strategy for when to leave the casino. It may be a time limit or a financial limit, but they know what it is and they stick to it. Strategists are also bankroll builders focused on long term play, not on short term thrills. Until recently, I was a dedicated gambling thrill seeker. It took me many years to move from a thrill seeker to a strategist. This wasn't easy as frankly "thrill seekers" have more fun or at least their highs are higher. The main reason I was able to make this move is my wife who plays along side me.  She has always been a strategist even though she didn't know the difference. She will flat bet the same amount until the cows come home. Once in a while my thrill seeking strategy would pay off with a hand pay royal or a nice run in the high limit room, but at the end of the year she always made out better. Eventually, I changed my motivation. Does being a strategist make me a happier gambler?  I'm not sure about that, but it definitely makes me a more financially effective one. Whatever path you chose, think about "WHY" you are doing it.  If you enjoy being a thrill seeker, go for it. My choice should not be everyone's choice.  It's your money...
+1 / Like / Thumbs Up [/QUOTE]
The $100 bankroll was used as an example, not a suggestion. Agree it is not viable for most VP players here.
I have found AZ Gaming interesting. You can sign up to receive an email link monthly for the latest edition. It's available in hard copy at local casinos.
I concur with Ted, the whole publication is a good read for recreational gamblers in general. There are many good tips that players can take to stretch the amount of action on their bankroll.
[QUOTE=FloridaPhil]
This is a pretty good article that rehashes stuff most of us know. For those new to the game, money management is essential to being "happy" with your trip to the casino. Let's face it, going home broke time after time is no fun. To be a "happy gambler", I think you must determine why you are gambling in the first place. I think most recreational gamblers fall into two major groups, thrill seekers and strategists.  Thrill seekers jump from game to game seeking the "high" of a win.  Long term winning is something they desire, but it's not their total motivation. They tend to have their own strategy which changes often.  Some thrill seekers check the odds and some may even know computer hand strategy.   They also tend to move up and down in denomination, up when they're winning and down when their money is running out.  Thrill seekers also like to take frequent "pot shots" or tend to stop by the high limit room for a quickie. Thrill seekers play until they win enough to walk out satisfied or they run out of money. In my opinion, there's nothing wrong or stupid about being a thrill seeker as long as you realize what you are doing and are willing to pay the price.Strategists consider all their casino visits as one long continuous visit. They know one or two games very well. They pick their games based on the odds and variance first and their excitement level second.  They chose a denomination based on their comfort level, stick with it through winning and losing concentrating on accuracy above all else. They know on average how much money it takes to play for as long as they want to play and they take only that amount to the casino.  They also have a well defined strategy for when to leave the casino. It may be a time limit or a financial limit, but they know what it is and they stick to it. Strategists are also bankroll builders focused on long term play, not on short term thrills. Until recently, I was a dedicated gambling thrill seeker. It took me many years to move from a thrill seeker to a strategist. This wasn't easy as frankly "thrill seekers" have more fun or at least their highs are higher. The main reason I was able to make this move is my wife who plays along side me.  She has always been a strategist even though she didn't know the difference. She will flat bet the same amount until the cows come home. Once in a while my thrill seeking strategy would pay off with a hand pay royal or a nice run in the high limit room, but at the end of the year she always made out better. Eventually, I changed my motivation. Does being a strategist make me a happier gambler?  I'm not sure about that, but it definitely makes me a more financially effective one. Whatever path you chose, think about "WHY" you are doing it.  If you enjoy being a thrill seeker, go for it. My choice should not be everyone's choice.  It's your money...
+1 / Like / Thumbs Up [/QUOTE]
The $100 bankroll was used as an example, not a suggestion. Agree it is not viable for most VP players here.
I have found AZ Gaming interesting. You can sign up to receive an email link monthly for the latest edition. It's available in hard copy at local casinos.
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FloridaPhil
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We enjoy casino hopping vacations planning our trips from one casino to the other. I don't think we've ever played in Arizona. We tried New Mexico a few times and were disappointed by the VP odds. Both States are a beautiful road trip. I believe we've visited almost every State except Kansas and Rhode Island.
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Tedlark
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Bill I'm going to sign up for the electronic version.
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FAA
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l I'm going to sign up for the electronic version.--------------------------------------------------------------Great minds think alike. Hot models with a fistful of Franklins is my jam.
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