4 Money Management Tips When Playing Live Roulette

No matter how good you are at math, when you gamble, it may not work as you expect, which means, even though your calculations say you can win a lot, you still will lose money – because that’s what is gambling for. The real art of smart gambling is to always keep track of the money you spend for playing live roulette or any other game you prefer.

Avoid being the person that spends their entire bankroll in just a few minutes and they leave the casino with empty hands. But, if you manage your funds wisely, you can really have a good night and pockets full of money.

So, here are our tips on how to do that when playing a live roulette:

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  1. Play stakes you can afford

You need to find the right table with the stakes that you can afford, so you can have control over your budget. That means, it’s better to choose $5 or $10 tables at the beginning, and if there is an option to do that, move to a bigger one. Also, keep track of the money you spend on drinks too, because you can’t really count them as bets.

  1. Play with the money you’ve won

If you start with $100, and you are now $160, just consider you have only $60 to play with, and see what happens. The smartest gamblers always use this strategy, so they can leave the casino with zero won and zero losses. If you have a bigger deposit, you can start with higher bets. As long as you know how much money you have, you have control over the bankroll.

  1. Decide how much money you can afford to lose

Withdraw the exact amount from an ATM, or deposit it online, and stick to it. You can afford to lose more, and if you see that you are reaching the end, just leave, or choose another progressive game, to earn something, and then proceed with the live roulette, until you have the amount you want. Setting a goal is also a nice strategy because if you know you want to earn about 20% more than you have, you will know when to stop.

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  1. Your strategy can be better than betting systems

You can find a lot of betting systems online, but you need to know that they won’t always work as described. Instead, adopt your own strategy that includes your rules and ways of playing. Don’t hold on to some pre-ready system or strategy, because that’s the easiest way to lose the count over your money. You can’t predict which step is the best to take, but surely you can trust your gut more than you trust the things someone else has written.

To wrap the whole thing up

It’s not just about the roulette – as a responsible and smart gambler, you always need to know how much money do you have. That’s the only way to leave the casino being on a “positive zero” with your budget, which means you played with their money and got back the amount you invested initially.