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3 - Session Bankroll 
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You want to bring enough money to the machines so you can handle a moderate size losing streak, but still have enough playing stake money so that luck can turn itself around and maybe swing the fortune in the other direction. That amount, which we'll get to in a second, will be your one session stake. If that stake gets drained, then you call it a day.
The key concept in formulating single session bankrolls for a machine is to restrict losses to affordable amounts. That's why you should bring "moderate" amounts, not substantial amounts to the slot machines. Minimizing losses is the key. You can't always win. That's a fact of life for gamblers. If you're losing, keep the losses affordable -take a break. Don't let yourself get caught in a situation where you get beat badly. There's always another day.
You should have enough money at the machines to cover 200 Plays. A play is the amount of money you'll be betting on one spin. For example, if you're playing $0.25 machines and are playing three coins at a time, your play costs $0.75. Thus, your bankroll for the session should be $150. If your coin instead was $1, then you would need a $600 machine stake (200 plays x $3). $0.05 players would bring $30 at three coins per spin. These are the maximum numbers. You can risk less, which you might want to play it safe.
These conservative numbers are designed to keep your losses to affordable amounts. This doesn't mean that you'll lose the amounts shown above, only that you won't lose more than that. That's a big step in the right direction right there.
~ Bob Jennings
<> (Submitted on: Thu June 13, 2002) 137
2 - Bankrolling: Play Within Your Means 
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Determining the correct bankroll for you as a player, is not just about the money you can afford to risk at the tables from a financial point of view, it's also about what you can afford to lose emotionally. You must never gamble at a level that exceeds what you can afford at the tables, and that goes for financially as well as emotionally. There is no more important rule in all of gambling.
The possibilities of taking a loss are real, and if that loss will hurt, you're playing like a fool. It is inevitable that players who gamble over their heads will lose more than they can afford. Luck won't help these players because even when the good music comes their way, as it surely will, they won't quit winners. They must keep on going and going and going until the inevitable occurs. It is almost axiomatic that the player that bets too much is going to lose.
By definition, the player that loses when he bets too much is getting hurt. Don't let that player be you. Gambling with needed funds is a foolish gamble. However, if you never play over your head, you'll never suffer.
Luck fluctuates in gambling. Sometimes you win, sometimes you lose. However, the goal for the intelligent gambler is to protect themselves in the times they lose and that means to set loss limits not only for a particular session, but for an entire trip as well.
~ Bob Jennings
<> (Submitted on: Thu June 13, 2002) 140
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