When is your money your money?

[lucky_strike]

When is your money your money and not a part of the game?

So long as you are prepared to put your money at risk they will always be a part of the game and not a part of you!

So lets assume you know how to win more then you lose and your bank is increasing, getting bigger.

Then when do you pull out a profit to be a part of you or when do you reinvest the money to be a part of the game?

Cheers LS

[Wildcard]

It´s you money when it is in your pocket ...   

Let´s say all you need is a 5000 units bankroll to see it getting bigger and bigger...


  ONE >>  You let it ride until you have 2 bankrolls...

  TWO >> Then, you only play one bankroll and after each session ending with profit above 5000, you deduct the profit and take it to the bank, it´s yours... You only keep the integrity of the 5000.

  THREE >> If at any given moment you end a session bellow 5000, you use the "second" bankroll to make up for the loss and go to point ONE above.

  Is this ok ?   

[lucky_strike]

I just think this is an important issue and will continue with this, but for now I think it would be nice to get more toughts / opinions regarding this.

Cheers LS

[gizmotron]

You must become the game.  Become the game, then and only then will they become yours. After that you can pull out.

[toey]

I've been thinking about this too.
Say I go to the casino with $100 and make a profit of $200.
Is it really considered 'profit' if I'm prepared to use it in the future for gambling?

Let's say I go on the next occasion and lose $100.

Then if I go again, I'd be using my 'profit'.

It seems the only way to make a 'profit' and have your money as your money is to win once and never gamble again.

[TwoCatSam]

Hey, Gizmotron, good to see you!!

Sam

[lucky_strike]

It seems the only way to make a 'profit' and have your money as your money is to win once and never gamble again.

Well there is no hidden knowledge.
No hidden secret.

This is what you want.
1)Win more.
2)Break even more.
3)Hit loss limit less.

There is two words for this question.
Capitalizing strategy.

That is the secret and when you have a method that succeed to do that you can start to think in terms like "when is my money my money".
This is the truth and now everything becomes to be about %.

The basic goes like this.
First you have a fund, your risk capital.
This is the money you put at risk and are prepared to use exclusively for gambling.
That why this money will always be a part of the game, not you.

So one old method would suggest you to cut the fund into 10 banks.
Then you have to have a strategy and a method to succeed to make one bank to triple or become casino money.

Then after that you have to divide and put some back as an investment to your fund so it at some point become 11 banks.
And you have to make a design how large % you will pull out to become your money, a part of you, not the game.

That is what this question is about! Capitalizing!

Cheers LS

[VLSroulette]

Hello Lucky, as promised here is the post regarding the money management scheme we talked at the chat.

It has images for better comprehension:
nolinks://vlsroulette.com/index.php?topic=1534.0

Victor.

[TwoCatSam]

Mark

Wow!  30 seconds a week.  Will I live long enough to see it??  LOL

I can use R.R. just as it is for one of my betting schemes.  I just date the ol' computer to 11/11/7 and get it on.

Keep up the good work and if you need a swamper, let me know!

Sam

[TwoCatSam]

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