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Protecting Your Online Bankroll

Part of being a successful gambler, no matter what the venue, is recognizing that with very few exceptions casinos have an advantage over you. For the rest of the time, in order to take home a profit in the long run, you have to restrict the amount of money they can take away during any single excursion. Simply put, you have to set loss limits.

With online casinos, the danger is even more prevalent. For example, while an experience card-counter can turn the edge against the house in a traditional casino, that ability goes right out the window online. The reason? Random number generators.

In case you're unfamiliar with the term, Random Number Generators (RNG) is simply the method online casinos use to make sure that every bit of action, from the turn of the card to the roll of the dice, is 100% random.
While this does ensure fair play it also makes it impossible for even the best players to ever get an advantage - you're simply always at the mercy of the mathematical edge built into every game.

To help defend themselves (or more accurately their bankroll) against this constantly gnawing monster, online players have to adhere to strict money management methods. No, this will not give you an advantage or change the vig in any way, but it will help you to restrict you losses when they come and allow you to take back more of a profit during those "hot streaks." Now Lets go to step one

More Gambling Bits By J. Phillip Vogel

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Gambling Quote
"Whether at Binion¹s World Series or played for pennies around the kitchen table, poker
makes con jobs not only legal, but lucrative." James McManus

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