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 Discipline, along with
money management, is one
of the twin pillars of success in any form of gambling
but particularly with online casino gambling. Due to the
easy convenience and high pace of online casino
gambling, a player that lacks discipline and money
management skills will be bone dry of cash in short
order.
Maintaining discipline, far more than skill and
expertise of a particular game of chance, is the
greatest challenge one will face at an online casino.
Far too many gamblers act like an alcoholic bartender
when they visit an online casino as they cannot resist
going berserk and on a binge, sitting for hours clicking
their computer mouse and throwing money away.
A major part of developing online casino gambling
discipline is learning how to set both win and loss
limits. When a gambler is winning and has his bankroll
in the black it is of paramount importance for him to
understand that it is not a license for recklessness but
instead a time to pocket a good chunk of those winnings.
The attitude that gambling profits are the “house’s
money” is the attitude of an ignorant loser. Any
winnings are YOUR winnings and should be valued as such.
By the same token there will be online casino
gambling sessions in which NOTHING goes your way. It
takes a special kind of discipline to simply walk away
on such days and to not chase losses. Money that is
thrown away chasing losses is money that you will never
get back and money that could have been better employed
on a brighter day. In other words, don’t waste bullets
when the battle is lost; keep your eye on the overall
long term war.
Posted: May 1, 2007
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