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  1. #1

    Default Vegas Money Management

    So I'm going out to vegas next month and wanted to maximize my small bankroll (probably 500). I'm going to bet a few games small (30 a piece) and have the most for table games.

    So as I'll be playing craps, pai gow poker, black jack, craps, and poker...whats the best way to gamble. I was thinking of doing it like this:
    Hand 1; 1 unit, if I win
    Hand 2: 2 unit, if I win,
    Hand 3: 3 unit, and so on. Each time i win I add a unit. However each time I lose I go back to 1 unit and win my way back up.

    What do you guys think?

  2. #2

    Default

    I've heard of bankrolling your money like this. I think its called "progressive betting" It works well if your disciplined.

  3. #3

    Default

    Quote Originally Posted by pharmorjac View Post
    What do you guys think?
    If it worked, the casinos would have been broke years ago. Just go to Vegas and enjoy it.

    SBR Founder Join Date: 8/10/2005


  4. #4

    Default

    Casino = entertainment.

    Entertainment is expensive.

    If you win, run, but don't expect anything.

  5. #5

    Default

    PLay in a small buy in tourney in the morning then bet and watch some games at night.

    Spend another day doing table games and maybe catch a show of some sort.


    thats my plan when i go. and my bankroll will be about the same asyours.

  6. #6

    Default

    If you want a decent chance of winning, stay away from the table games...

  7. #7

    Default

    Very few games (if any) are +EV to the casual player. Blackjack is one of the smaller -EV games with basic strategy, Video Poker with a more advanced strategy.

    When I was in Vegas I only played sports, and only played those small (excepting a couple of lines that were off the online consensus and presented other opportunities).

    As a rule I don't find losing money entertaining, so avoid gambling for the most part.

    SBR Founder Join Date: 9/8/2005


  8. #8

    Default

    If your goal is just to have fun with the $500 then just use common sense to make it last. If you want to actually have a small edge in your favor, learn the strategy for full-pay deuces-wild VP (100.7%) and learn a simple blackjack count (HiLo or Knockout are super easy and good enough to get a small edge).

    ViPoker is free and will teach you perfect VP strategy. VPFREE has a database of all the >100% VP games in town. Palms has a nice bank of $.25 full-pay deuces with a progressive royal. If you want more options, learn 10-7 double bonus and full-pay JokersWild.

    I don't know how good your live-action poker game is, but that's obviously a great option if you're a winning player. Many options including lots of low-buyin no-limit and small tournaments that fit your budget.

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