Goal Amount Game

So now that you have set your session start amount and you have decided on a betting system, you are ready to start thinking about setting goals and the action you will take when you reach those goals. Determine Your First Goal
Deciding on what your first goal should be for a session is a little like deciding how much you will bet on each spin. The higher your goal is, the higher your risk is, primarily because the higher a goal is the longer it may take to achieve. And once again, the longer you are exposed to the game, the more likely it is that the house will get your money. Therefore, if you have a $100 session start amount and your bet start amount is $5 then setting a goal to double your money is not practical. A goal of 10-30% is achievable, however. Don't worry if this doesn't sound like a lot, we are not done yet. Determine Your First Goal Action
Next you need to decide what you will do when you reach your goal. There are two basic choices. The first is the simplest. You take your money and leave the table! This is the least risky thing to do and will ensure you keep everything you won. Now some of you are probably saying, stop after winning only $30? You must be kidding. Let's go back to our investment analogy. A broker tells you he has a great deal. He only needs your investment for half and hour or so and you will gain 30%. Will you take that or will you tell him your not interested unless you will gain 50-100%. I think you will most likely take the thirty. The second choice you have after reaching a goal is to pocket some of the money and continue to play. After all, if you feel you are on a winning streak, you don't want to stop. By pocketing, we mean take the money out of play for the session. Set it aside and don't touch it again. On your first goal, you should always pocket at least the entire start amount. This protects your initial investment and allows you to use it again at another session. You should also pocket some portion of your winnings as well. Recurring Goals
If you decide you want to continue to play, there are three more decisions you will need to make:

  • What will your next goal be
  • How much will you pocket when you reach the goal
  • How will you adjust your betting system
There are several considerations for setting recurring goals. As we said before, the larger the goal, the greater the risk. Similar to the issues in betting systems, the higher the goals you set the higher the risk in your session. Smaller goals are easily reached but they leave less money in play after the pocket. Here are several approaches:
  • Set new goals by a fixed amount
    When you reach a goal, add a fixed amount to the total bank amount to set the new goal. For instance, you could set a new goal that is $20 greater every time you reach a goal.
  • Set new goals by an increasing amount
    When you reach a goal, add an increasingly larger amount. So, on a first goal, you might add $20. When that goal is reached you might add $40 and then $60 and so on.
As we said before, you also need to consider how much you will bet when you reach a goal. If you are using a flat bet system, you could increase the bet amount by some factor on each goal level. If you are using a progression betting system, you may want to reset the betting back to the start amount. In any case, you will need to coordinate the bet amount with the amount left in play after pocketing. This is the best way to allow for continued game play without risking your hard earned cash.

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Remember, what we said in our introduction to Roulette, there is no beginning or end to a casino game. Casinos want you to play forever because, in the long run, they have the advantage. It is up to you to set up the criteria to make the game a real game with achievable goals and distinct rules on when the game is done. With measurable objectives, you will be able to track your results better and decide whether your strategy is working. With this feedback, you can adjust your strategy to optimize your gain when you are winning. So, here are some guidelines to use in preparing for your next gambling adventure:

  • Establish your gambling pool
    Decide how much you are going to take with you. Separate the money you will use to gamble with from the rest of the money you will need for meals, entertainment, gas for returning home, etc.
  • Establish how many sessions you will have
    Divide your gambling pool into equal parts for each session. Physically separate the money and only take one part with you to each session.
  • Establish your bet start amount
    The driving force behind establishing your bet start amount will be the betting system you use. In addition, you should consider how long you want to play and how much risk are you willing to take. Of course, you could buy in at the table and bet the entire session amount on your first spin. If you lose, then you will be spending the rest of the night watching others gamble. A good rule of thumb for your initial bet amount is 1/10 to 1/20 of the session start amount.
So, say you are planning a one-day trip to a casino. You expect to play two sessions with dinner and a show in between. You have set aside $200 for gambling. Take this money and divide it into two $100 bankrolls. Find a table with a $5 minimum or less. Although our scenario above sounds like it is oriented towards land-based casinos, this process is especially important when using online casinos. The reason is that your total bank amount with the casino is sitting right there in front of you on the screen. You will need to be disciplined enough to say to yourself that although my bank has $500, I will limit myself to $100 for this session.

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Baccarat History Baccarat dates back to the Middle Ages. It is believed the game was first played with a Tarot card deck. Originating in Italy, it soon made its way to France where it found a home among the upper class aristocracy. Further evolution of the game shows it split to European baccarat, and a French game that goes by the name 'chemin de fer'. Chemin de fer is very similar to baccarat as it's played in American casinos today. The difference is one of the players banks the game instead of the casino. The title of banker rotates around the table in a manner similar to the dice at a craps table. The interesting bit to observe of course is that the casino is taking no risk here; they simply charge a fee from each banker. The Baccarat game we know today originated in Great Britain and was then passed along to South America and finally to Nevada. The infamous Dunes casino introduced baccarat in the late 50's, and since then it has made its final migration onto the world wide web. Baccarat has a history overseas also, which is evidenced by its popularity among the Asian population who visit Las Vegas each year. The highest of the high rollers often come from overseas to try their hand under the chandeliers of the stylish Vegas baccarat rooms. In casinos based in the Portuguese territory of Macao, near Hong Kong, the popularity of baccarat is unrivaled. Unlike the heavily ordered and systematic American casinos, these Portuguese tables often allow multiple players to bet on a single spot at the same time, while the expert dealers mentally keep track of each players commission on winning bank bets.

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