Cashing Out or Walking Out

Strategy

Cashing Out or Walking Out

No Comments 04 February 2011

Have you ever feel like you can’t quit when you are gambling? Most gamblers don’t really know when to quit, and they end up losing most — if not all — of their money only because they can’t cash out or they feel the need to win more. Video poker can be very addictive, and having an exit strategy becomes more important. I have seen a guy who played video poker almost all night long and still walk away with nothing. He won some, he lost some, but he never does know when to quit so he just keep playing until he ran out of coins.

I found that the best exit strategy is to set a trailing stop and stick with it. Say you start with 100 coins that you can afford to lose. This is your capital, and you will be playing video poker with it. If you win, raise the trailing stop. At first, the stop point is 0 with 100 coins in your account. As soon as you gain 10 coins raise the trailing stop and stick with it. So now you have the stop point at 10 coins and you have 110 coins in your account. If you then lose a lot of hands and have your coins decreased to 50 coins, your trailing stop will still be at 10 coins. If you lose more and you have only 10 coins less — meaning your stop point is reached — stop playing and use the money to get a nice drink instead.


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