I use a daily envelope system.
I use a different system to divide my bankroll.
I just work off my total bankroll for the trip.
I do something completely different.
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
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.
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.
Dawn
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-$1.50 a pop but the idiot racists have hammered the pound to such an extent that we're going to stick with the old strategy for now. It's going to be a whole different story gambling with our actual money now rather than with play holiday money as it has always been.
Cheers,
Billy
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I am probably the absolute worst bankroll manager on the forum lol. I take a set amount for the trip and usually lose over half of it the first day. After that I will bet minimum the rest of the trip.
What's funny is that when I bet the max I am lucky to get a hit that is larger than 10 X my bet, but when I bet 20 or 30 cents I can get up over 1,000 X my bet quite often.
I use the envelope system . but like others here i will rob them if i need to . We will bring one check with us to use on the last day IF need be. Now as far as betting goes iv'e
found if the casino is Very busy ill ether low ball or not play till the casino floor is less busy (nights and mornings are usually best for us ) if we can catch it right play max depending on the machine of course.and a little less on other stuff. (generally i wont bet over 5$ unless its the casinos money that im playing with)