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Casino Bankroll Tips

How to Play Your Casino Bankroll

If you are planning on gambling in hopes of not going broke quickly you will need to determine how much of a bankroll you will need in order to play comfortably. To do this simply use the following equation – your total bet x number of hands (bets) per hour x number of hours played x casino house edge = your expected win or loss hourly rate. This win/loss rate is to provide a general idea and is not a specific calculation of what you will lose or win. You should at the very least be able to sit down at the table and play each hand for one hour.

Bankroll Needed Will Depend on the Game

Your bankroll is going to vary depending on the game you play and of course the house advantage and speed of the game. If you were to sit down and play Let it Ride at $5 you would lose on average about $10.50 ($5 x 60 x 1 x .0350%) Since Let It Ride is the only game which allows you to pull bets back, you won’t be letting your first two bets ride unless you have a pair of tens or better or, you’re in a position where you have favourable odds to hit your hand. Because of this you can easily sit down at a table with $300 (60 times your bet) and play comfortably without having to worry about losing your money quickly since your average expected loss is $10.50/ hour.

This will change drastically with each game since some of the casino games allow you to bet at a significantly faster rate- Craps is one of them. Slot players can spin the reels up to 1000 times per hour. If you were playing a quarter 3 reel slot and placing a max bet on each spin, your average expected loss rate would be $135/hr which is considerably higher then Let It Ride.

Extending Your Bankroll

If your trip to the casino is an extended one you will obviously want to extend your bankroll as long as you can to continue to play without dipping into any additional funds. To do this you can follow a few simple steps listed below;

  • Don’t play heads up against the dealer
  • Cash out more frequently at the slots and never use the automatic spin button
  • Opt for manual shuffled table games vs. those that use a shoe
  • Choose Pai Gow Poker and Let it Ride over Three Card Poker or Caribbean Stud. These games tend to take longer, meaning less hands per hour.

 

 

 
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