View Full Version : Bankroll Management Poll
Nhcris
07-10-2016, 10:33 PM
As I get ready for another multi day casino trip, I would love to know how my Fellow Jokers handle their bankrolls. I am not looking for any info about the amount of your bankrolls. Please share comments, suggestions, and words of wisdom!
sondor
07-10-2016, 10:41 PM
I just know what I have and how much I can use in a day....strangely no matter how much I have had to drink I somehow keep track and never use the next days money
Envelopes, but I will rob them if need be. I try my best to make it work though!
We do not use the envelope system, but we do take an allotted amount for each day and it typically works out fine. When that money is gone when have been known to hit the ATM a few times. (I believe some of you may call them a MAC). If you have been to Cherokee you have used the atm. HHH!
michelelovesvegas
07-10-2016, 11:07 PM
Lately, it seems I have lost all control and it just goes... Being I will be in AC 5 days, I better find the control or else I will be miserable!! Really just need to stay out of HL room and away from 3 card poker!
Only carry my daily allotment and when it's done, Im done. Unless I've consumed to many cocks, then all bets are off! HHH
SoCalRob
07-10-2016, 11:21 PM
Envelopes, but I will rob them if need be. I try my best to make it work though!
Yup. I do exactly what Kenny does... Unless Brian has something to say about it. He can usually talk sense into me when luck isn't on our side.
dvandentop
07-10-2016, 11:27 PM
Divide total br up into set Mount of days And throw it in the safe.
Don't take next days bankroll out until 1st days br totally gone.
Made it to 3rd day of trip over the 4th before I had to dig into the next br set of $
Also throw All hp$ into safe and do no touch that no matter what.
This method seems to work best for me in hopes of bringing home $.
In the past I have taken 40-50% of br down with me and it can get dangerous and blow that All on same day of not hitting much
So I prefer 1st method
clemi
07-10-2016, 11:32 PM
We do not use the envelope system, but we do take an allotted amount for each day and it typically works out fine. When that money is gone when have been known to hit the ATM a few times. (I believe some of you may call them a MAC). If you have been to Cherokee you have used the atm. HHH!
Zeus I do this too, and have hit the ATMs many times hhh!
MNvegasgal
07-10-2016, 11:33 PM
We have a set amount per day.. which DH seems to stick too, but I don't. I normally do hog wild my first day. If I am being resonable, I leave the money and my debit card in the room so I have to walk all the way back to get additional funds. If I know that .. then I might refrain a little.. but if I win at all.. I cannot seem to save that money. I also normally have a secret stash.. so I may blow into that. If DH is around, then I try and tell him if I won, so I have to be accountable. If I hide it, I will blow it! So I will say - I SUCK at Bankroll Management.
Divide total br up into set Mount of days And throw it in the safe.
Don't take next days bankroll out until 1st days br totally gone.
Made it to 3rd day of trip over the 4th before I had to dig into the next br set of $
Also throw All hp$ into safe and do no touch that no matter what.
This method seems to work best for me in hopes of bringing home $.
In the past I have taken 40-50% of br down with me and it can get dangerous and blow that All on same day of not hitting much
So I prefer 1st method
Derek, that is one hell of a strategy with the HP's! Do you get them paid in checks to avoid the temptation?
Does anyone here use a Winner's Bank? I am seriously looking at ordering one.
sondor
07-10-2016, 11:41 PM
Does anyone here use a Winner's Bank? I am seriously looking at ordering one.
It's been so long since I have won that I have not considered it...........
Does anyone here use a Winner's Bank? I am seriously looking at ordering one. Nhcris I apologize for hijacking the thread. [emoji20]
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Does anyone here use a Winner's Bank? I am seriously looking at ordering one.
Yes I got a few of them in Vegas for helping with the "other forum". I never liked having my money not accessible far from home, so I'd take the key with and it was pointless. But if you leave the key at home, it's worthwhile! If I could find it I'd give you mine, but no clue where it ran off too let alone the key hehe
@Nhcris (http://jokerswildforum.com/member.php?u=9) I apologize for hijacking the thread. [emoji20]
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HHH
https://cdn.meme.am/instances/48508343.jpg
sondor
07-10-2016, 11:50 PM
HHH
https://cdn.meme.am/instances/48508343.jpg
Can you ever get Banned here? Unless you ask or promote Porn? I'm not sure even the Porn would do it.... I kind of miss the Porn people......
Can you ever get Banned here? Unless you ask or promote Porn? I'm not sure even the Porn would do it.... I kind of miss the Porn people......
I don't ban people, I just delete them. We best get back on topic or Chris will ban me, back to talking about the money and winners banks and what not! :peaceful:
sondor
07-10-2016, 11:55 PM
I don't ban people, I just delete them. We best get back on topic or Chris will ban me, back to talking about the money and winners banks and what not! :peaceful:
Blah, Blah, Blah.....Super moderator Derrick will reinstate me..........
Nhcris
07-11-2016, 12:01 AM
@Nhcris (http://jokerswildforum.com/member.php?u=9) I apologize for hijacking the thread. [emoji20]
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That's right on topic! I don't have a winner's bank because I so rarely have need of one :emptiness:
Nhcris
07-11-2016, 12:02 AM
No banning here. The only way out is to beg.
dvandentop
07-11-2016, 12:04 AM
Derek, that is one hell of a strategy with the HP's! Do you get them paid in checks to avoid the temptation?
No only one I hVe gotten a check for is the of $9105 one for tahoe meet on the 1st night. Woulda been too tempted. Usually just rubberband up the $ from hp with the w2g so I know not to touch
dvandentop
07-11-2016, 12:05 AM
Does anyone here use a Winner's Bank? I am seriously looking at ordering one.
I have one and used it a few times but I always leave it up in room I planned on using one in tahoe before trip need to start making it a habit
Penguin
07-11-2016, 12:12 AM
We are having a hard time deciding on what our daily BR should be. We do not use envelopes. We do have a set amount for a day but have never used all that up in any single day. Remember, we do play the CET bonus system. One day we may get $13,000 coin in and the next day $700 coin in. Also we are late to the slotting game. Only been doing this 4 years or so. The internal struggle within. Ultra low roller, but realize the value we get from Diamond and higher ADT perks. Not being real gamblers it comes down to value received versus cost.
Elf70
07-11-2016, 12:41 AM
I have one bankroll for where I stay - which gets the vast majority of my play. That bankroll is divided by the number of days I'm there. I generally end up losing most of this money. I keep a separate bankroll for other casinos I plan to play at during the trip. Any left over money or wins from the other casinos goes home with me.
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NYphoenix
07-11-2016, 12:51 AM
In Vegas, I have to use a daily envelope system but overnighters, I usually work off my total BR
moemoe
07-11-2016, 01:07 AM
I have one and while the idea is swell, it's really hard for me to get the bills folded small enough to get them through the slot and after the initial deposit it seems other bills won't go in on top of those already in there - honestly, I am the only person who could mess up using a winners bank HHH... Right now it's stuck in the back of a cabinet somewhere, empty HHH sigh...
It's just easier to leave the ATM card at home or in the car - it's safe to take a credit card on the floor cause if you've ever looked at the fee for a cash advance at the ATM from one it will knock you flat wham! back into your senses lol...
Does anyone here use a Winner's Bank? I am seriously looking at ordering one.
treyster
07-11-2016, 01:14 AM
If you leave the key at home, what happens if the TSA guy wants to see what's inside?
We just take whatever we think will get us through and manage it on the fly. No system.
Jen Jen
07-11-2016, 01:52 AM
Only carry my daily allotment and when it's done, Im done. Unless I've consumed to many cocks, then all bets are off! HHH
Haha..same here!
CTslotters
07-11-2016, 02:08 AM
We take a set amount each trip but if we're having fun, We have no issue getting more if necessary and we blow through it before the end of our trip, HHH! I do stash big win Titos and money in secret pockets in my purse (like a winners bank I can access if I remember to look!) that I cash in at the end of our trip, works for us!
If we are losing a lot quickly, we definitely take breaks to see if the tides will turn later (easy to do because if we are losing a lot, we aren't having fun and don't feel like playing).
TwoArmedBandito
07-11-2016, 02:09 AM
Mine is different. I bring it all down. Change 100's into 20s . If 20 turns to 40 or ideally more. I cash out. Stick new 20 in. Repeat. End of session I combine titos. Always have money at the end. Hopefully more than I started with.
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jean1955
07-11-2016, 02:48 AM
I have a set amount each day AND the ATM! No discipline!
MissKim
07-11-2016, 03:14 AM
I always try to stick to a set amount each day. I hate going into the next day's money early! I actually do ok with this. If I lose too much too quickly, it's not fun anymore and I end up wanting a break from it and don't really have the urge to throw more money quickly after losses. There is always the next day!
NYphoenix
07-11-2016, 03:57 AM
Does anyone here use a Winner's Bank? I am seriously looking at ordering one.
I have one laying around somewhere, if I find it, it's yours Don ;)
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hytail
07-11-2016, 04:23 AM
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straightb
07-11-2016, 07:30 AM
We just take our roll and I split it up with paper clips so much per day for multi day trips. Leave all but the current days in safe in room. Like TAB, 20 in 40+ cash out. I keep them and combine at end. I try to tax myself 50% of titos, the rest goes back into BR.
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darrellk
07-11-2016, 10:37 AM
I don't ban people, I just delete them. We best get back on topic or Chris will ban me, back to talking about the money and winners banks and what not! :peaceful:
I think you made an exception one time. Darrell from WI got banned for life in favor of DarrellK. Remember that CPT ? HHH
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I divide my BR into am and pm allotments and use pockets not envelopes.
Georgiagambler
07-11-2016, 06:17 PM
I tried envelopes once and only ended up with torn envelopes all one day haha. I don't have good BR management, that's why I'm finding 2-3 days max is probably better for me. That way I can play as hard as I want to and not have to worry about being stuck somewhere with no money to play.
I have tried many of the strategies that were mentioned but at the end of the day - it comes down to discipline. Some trips I have it and some trips I don't. Good luck finding a system that works for you!
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Nhcris
07-11-2016, 06:37 PM
Some interesting ideas! I was a daily envelope person until recently, but after a while I found that I was a rotten thief. I stole from Tuesday & Wednesday on Monday and then felt guilty. The last couple of trips I was less rigid, and seemed to do a bit better overall.
Last couple of trips I divided the bankroll up more by where I was staying. In Vegas in particular I stay longer and usually make a couple of moves. Last trip I had bankroll for Reno, bankroll for Tahoe, a small bankroll for 4 Queens and bankroll for Palazzo. That was a long trip but I came home with some cash. On those long trips I don't bring the entire bankroll, so I moved winnings forward and didn't even make my last planned withdrawal which was nice. For this AC trip I have a night at Foxwoods, 3 at Borgata and a night at Mohegan Sun, so I think I will break it up in 3 (uneven) chunks and see how it goes. I will also bring a little extra for the stumble but not much.
I don't think I could do the $20 in and $40 or more out. I like to play off the same tito all day (or at least the morning, afternoon or evening) when I can. It helps me keep better track. When I start feeding twenties into the machines I have absolutely no idea what I have done until it's all gone. It's much easier for me to keep track if I start out with a hundy. I bet it's fun to count up a fistful of titos at the end of the day though!
Bankroll management is such a huge challenge. The most important thing for me is to STOP for awhile when things are going badly. Eating, taking a walk, changing casinos, or even going to take a pee usually seem to break the cycle.
Nhcris
07-11-2016, 06:43 PM
Mine is different. I bring it all down. Change 100's into 20s . If 20 turns to 40 or ideally more. I cash out. Stick new 20 in. Repeat. End of session I combine titos. Always have money at the end. Hopefully more than I started with.
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Next time I do a day trip to my local I a going to try this out. It seems like it takes lots of discipline, and I am in short supply of discipline so we shall see!
TwoArmedBandito
07-11-2016, 07:00 PM
Next time I do a day trip to my local I a going to try this out. It seems like it takes lots of discipline, and I am in short supply of discipline so we shall see!
You should always walk out with some money with this method. If youre in a casino where you can't turn a 20 into at least 40, I wouldn't play there anymore.
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Mary9915
07-11-2016, 07:06 PM
I divide my bankroll into days or just get each day's bankroll from the ATM the morning of before I start gambling.
When I run out of money I do one of these:
1. Hit up DH if he's been winning
2. Stop gambling for the day
3. Make the WOS
foamy
07-11-2016, 07:37 PM
Laurie keeps the money and gives me each day's allowance I could never do the envelopes but think it's a great way to do it but I would raid them so Laurie is in charge.
Curlyd
07-11-2016, 07:49 PM
Some interesting ideas! I was a daily envelope person until recently, but after a while I found that I was a rotten thief. I stole from Tuesday & Wednesday on Monday and then felt guilty. The last couple of trips I was less rigid, and seemed to do a bit better overall.
Last couple of trips I divided the bankroll up more by where I was staying. In Vegas in particular I stay longer and usually make a couple of moves. Last trip I had bankroll for Reno, bankroll for Tahoe, a small bankroll for 4 Queens and bankroll for Palazzo. That was a long trip but I came home with some cash. On those long trips I don't bring the entire bankroll, so I moved winnings forward and didn't even make my last planned withdrawal which was nice. For this AC trip I have a night at Foxwoods, 3 at Borgata and a night at Mohegan Sun, so I think I will break it up in 3 (uneven) chunks and see how it goes. I will also bring a little extra for the stumble but not much.
I don't think I could do the $20 in and $40 or more out. I like to play off the same tito all day (or at least the morning, afternoon or evening) when I can. It helps me keep better track. When I start feeding twenties into the machines I have absolutely no idea what I have done until it's all gone. It's much easier for me to keep track if I start out with a hundy. I bet it's fun to count up a fistful of titos at the end of the day though!
Bankroll management is such a huge challenge. The most important thing for me is to STOP for awhile when things are going badly. Eating, taking a walk, changing casinos, or even going to take a pee usually seem to break the cycle.
Bill actually only keeps 3 tito's. He cashes out 40+ wins and when he has 3 tito's, the next time he cashes out he adds the smallest tito to the machine before he hits "cash out". So the 3 tito's keep getting bigger and he doesn't have too much paper hanging around.
By the way, I don't do this system, which might be why he usually has money and I don't.
Wynnvegas
07-11-2016, 10:51 PM
We've always used the same strategy and it has always served us pretty well. We decide on an amount we'll play per machine and an amount that we'll come out at. We never go to the ATM and never rob from future days or from what has traditionally been Moyra's shopping fund.
We ordinarily bet somewhere between $600 and $1,200 a day but the system doesn't change regardless of the amount played. The amount, in large part, is $5 per machine, betting 40-75c a spin. Any time we get the amount up past $10 or any multiple of $5, we bring it out. Any win of $5 that doesn't take us past $10 gets reclaimed as a technical win. We have, in the last six trips, kept a very close track of what we play and what we win so we can vent at and blacklist specific slots, casinos or casino groups! It is uncanny how we end up using our wee system - between 81% and 91% return but enough comps, free drinks and fun to fully justify the small loss per trip.
We were hoping to go a bit bigger and deploy the same strategy with $20s and bets of 75c-$1.50 a pop but the idiot racists have hammered the pound to such an extent that we're going to stick with the old strategy for now. It's going to be a whole different story gambling with our actual money now rather than with play holiday money as it has always been.
Cheers,
Billy
MissKim
07-12-2016, 11:30 AM
Bankroll management is such a huge challenge. The most important thing for me is to STOP for awhile when things are going badly. Eating, taking a walk, changing casinos, or even going to take a pee usually seem to break the cycle.
This is so spot on! And it is so easy to forget when you are in the midst of losing at a casino!! This is exactly what I try to do. I only wish I did it more often!
goldengreeke
07-12-2016, 12:00 PM
I am probably the absolute worst bankroll manager on the forum lol. I take a set amount for the trip and usually lose over half of it the first day. After that I will bet minimum the rest of the trip.
What's funny is that when I bet the max I am lucky to get a hit that is larger than 10 X my bet, but when I bet 20 or 30 cents I can get up over 1,000 X my bet quite often.
charlie50
07-12-2016, 01:10 PM
I use the envelope system . but like others here i will rob them if i need to . We will bring one check with us to use on the last day IF need be. Now as far as betting goes iv'e
found if the casino is Very busy ill ether low ball or not play till the casino floor is less busy (nights and mornings are usually best for us ) if we can catch it right play max depending on the machine of course.and a little less on other stuff. (generally i wont bet over 5$ unless its the casinos money that im playing with)
charlie50
07-12-2016, 01:12 PM
This is so spot on! And it is so easy to forget when you are in the midst of losing at a casino!! This is exactly what I try to do. I only wish I did it more often!
YUP ! i found an afternoon hot-dog(or Chilidog) sometimes bring me luck HHH.
Morgan777
07-14-2016, 03:02 AM
I use the envelopes. Total bankroll split into daily envelopes. Separate envelopes for food, tips, etc. I rarely steal from others (other envelopes, not people). Any leftover at the end of the day goes into an "extra" envelope, which in theory would be my take home. But I usually rob it to play when another day doesn't go as well. Extra food/tip money goes into the next day's envelope. My brother swears by the "always cash out over $50, put a different $20 in" routine and it works for him when he tallied his tito's. When I've done it, it works for me too.
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