If I would have used that system this year, my gambling career would be over right now.
Vowed about 4 years ago to bet only house money the rest of my gambling life, Been able to stay true to that all 4 years even through rough times that I have had since SEPTEMBER 05. I am officailly in a 13 month slump like I have never ever been in. If i would have used that system in the last 13 months, I would be history.
Vowed about 4 years ago to bet only house money the rest of my gambling life, Been able to stay true to that all 4 years even through rough times that I have had since SEPTEMBER 05. I am officailly in a 13 month slump like I have never ever been in. If i would have used that system in the last 13 months, I would be history.
casinghand said:
You break yout bankroll down into 4 parts. If you have $8000, you break it down into 4 sets of $2000.
The goal in this case is cash out $2000 per month. Highly risky expecting to take home 25% of your bankroll per month.
If and when the first $2000 gets lost, you double up on the 2nd bankroll. until you have 4 sets of $2000 again.
It is a system that highly encourages chasing, because you pre determine that you are going to cash out 25% of your bankroll every month. All it takes is one bad month before you are done because you have to live up to that 25% cashout per month.
I dont think there is anyone on this forum who has studied money management more than me, because I think Money management is the #1 key to longterm success. More important than any other thing. I have probably studied every MM system on the planet. This not one to be followed IMO.
