Practicing Restraint When Gambling

Knowing when to quit is one of the most difficult aspects of gambling, whether you're placing bets online or in a traditional casino. The most successful gamblers are those that know when to walk away with their profits, and when to keep playing on a winning streak. What follows are some tips to help you decide when to rein it in and go home before you suffer some losses.

Plan Ahead

Before you go to the casino, set limits for yourself that dictate when to stop playing. If you've played a few games at a casino and you're currently ahead, it's a good idea to stop and take stock of what you've already won. Is this equal to or close to what you hoped you'd bring in? If so, that's a signal for you to quit. If you're deep in the hole and are nowhere close to your hoped-for profits, you might also want to cut your losses and head home.

Bet Small

It takes a long time to learn how to be a successful high roller. If you're a recreational gambler like most people, it's a good idea to place several small bets at one or more tables over the course of your day at the casino. This will prevent a huge loss, and will increase the odds that you'll break even. If you know you have money invested in several places, you'll be less likely to drop a large sum on an impulsive bet.

Whether you're playing in an online casino or a major casino in Las Vegas, the goal is to keep a cool head and be reasonable in your goals. Envision an acceptable range of wins and losses for yourself, and only play until you've hit those limits.