2 more Golden rules for gambling

We have already published the first three golden rules of gambling but here are a further two that you should consider following. Whether you choose to or not is your decision but for the record here they are.

1. Quit while you are ahead. This is a well known universal saying and it is never more true than when applied to gambling. Most people will at some stage be ahead of the game when gambling and fortunately for the casinos most people will continue to gamble until they lose. Even though it is a form of entertainment that you expect to cost money, there is nothing wrong with cashing out and taking your winnings; it could provide you with an extra days entertainment. Tip 2 can also be a useful tip in these circumstances.
2. Have a win strategy. We have already spoken about creating a budget to lose but you also need a strategy for winning. One of the best strategies is to decide upon a level of profit at which you think has been a good day. At this point you can either quit but often you are feeling lucky and wish to continue. If you do not wish to quit, put your original stake pot in your pocket and play solely with your profits. Never ever go back into your pocket to get your original stake back out again. If you are playing in a real casino, go and cash it in and play with the chips that are your profit. Have a strategy as well for the profits from the profits. If for example you set your initial win strategy at 50% and you achieve it and put your initial stake in your pocket, your next strategy could be to double it. If you achieve that then your 50% profit goes in your pocket (and never comes out again) and you continue to gamble with the winnings of the winnings and so on.