We have all been there! It’s easy to get carried away on a run of luck, and to think that just because we make a stack of money off one or two plays, we’re guaranteed to convert on each and every spin or hand. However, this could actually be ruination for you if you head too far down the rabbit hole.
No matter where you play games, whether in Las Vegas for real or through a leading NJ online casino, your luck simply isn’t measurable. Resorts Casino, linked here, offers a huge range of great games where you can win big, but it’s still worth knowing how to balance your bankroll.
Take variance and volatility into account
When we consider both card and slot games, we need to look at the two Vs – variance and volatility. They are generally interchangeable in some ways, but naturally, a hand in poker is much different to a spin on the reels.
We’re referring to how likely it is that your luck is going to go the other way after a few plays. When you’re on a winning streak with poker, there’s going to come a time when you start hitting a downward run of luck. This isn’t just working on averages. The laws of probability dictate that, at some point, you are going to ‘run out of luck.’
So – what should you do?
You could spend more time spinning the reels and playing more hands to try and regain that streak. Or you could move onto a different table or a different game.
Just because one table or game is running your luck dry, that doesn’t mean you’re automatically entering a losing run on a different game. Slots have different volatility levels and offer different experiences. Different tables have new sets of players and new deals!
If you’d prefer to stick at the same table, the choice is absolutely yours. However, you’ll need to take careful measure of your bankroll. If you find that your luck is starting to dive, then it makes sense to go a little easier on what you’re wagering. This way, at least, you can make sure that you’re not throwing too much money at a bad run.
Is there a cure for bad luck?
It’s that old problem. While popular, bad luck happens regardless of advancing technology and new styles of games. It’s just one of those immeasurable factors that comes into play regardless of where we are, and regardless of what we choose to bet on.
So – while there is no explicit cure for bad luck, there are things you can do to temper your experience. Take good care of your bankroll, and really don’t be scared to try a few different tables or slots from time to time. Diversity and variety are going to help keep betting and casino gaming fun, and what’s more, you might just find you start to convert in a big way.