If you haven’t heard of this concept, you have just stumbled upon one of the biggest fundamentals to gambling. This is a revolutionary concept which has aided in any novice player strategies. Find out more about the casino ruin theory, see if it applies at Kingcasino.com and why it plays such a big role in making bankrolls go further than they would have before.
What is Casino Ruin Theory?
The casino ruin theory also referred to as the gamblers ruin theory, is, in essence, the management of bankrolls and placing wagers according to the bankroll. It focuses on giving the player the advantage by maximizing their wins and simultaneously minimizing their losses. It is the greatest theory of all time, especially for those with extended gaming sprints. Beginners often over bet which leaves them at a disadvantage by depleting their bankroll far quicker than they would have liked.
Putting the Theory Into Play
So how would you put this theory into action? How do you use it to your advantage? Let us show you what you should be doing so that your next game or streak of games proves to be more successful than ever before.
Choosing a Game: The best advantage you would have is choosing a game you understand and enjoy. If you don’t know any games, seek out free casino games and practice until you understand the rules. Once you have an understanding of the game and feel comfortable enough it’s time to get into action.
Managing Your Bankroll: Choose an amount that you are comfortable with letting go, not an amount you hope to double or hope you won’t lose. You must be prepared to part ways with your money as there will be games you will lose. If you need to, you should look at capping your casino account, especially if you don’t trust yourself to not over bet.
Portion Your Bets: The first few rounds should be minimal wagers, unless of course, if you are playing poker and your hand has the potential to hit a Royal Flush. This is why it’s critical that you understand the game. If you are dealt a good hand, you would wager substantially as opposed to having a weak hand and getting ready to fold. Never go all in with your bankroll unless you absolutely know you will win. Because if you lose, you won’t be able to carry on playing. Portion your bets accordingly but never wager past your means.
Time Management
One last contributing factor which works in connection with the casino ruin theory is time management. If you have enough time you are good to go, but if you don’t have the bankroll to cover the amount of time you would like to spend at the casino, you might want to make smaller deposits on the hands unless you have a good one. Don’t go all in right at the end because you are strapped for time, rather cash out and save your bankroll for the next big game.
