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Craps Bankroll

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December 25th, 2010 at 1:53:32 PM permalink
dwm
Member since: Aug 9, 2010
Threads: 15
Posts: 118
Per Demango's request: My opinion is 20 times your total pass-odds bet for the session bankroll. So $5 pass with $25 odds x 20 bets is $600 day session bankroll.
Total gambling bankroll is 10x that which would be $6000 total gambling bankroll.
December 25th, 2010 at 2:47:42 PM permalink
7winner
Member since: May 31, 2010
Threads: 9
Posts: 198
Quote: dwm
Per Demango's request: My opinion is 20 times your total pass-odds bet for the session bankroll. So $5 pass with $25 odds x 20 bets is $600 day session bankroll.
Total gambling bankroll is 10x that which would be $6000 total gambling bankroll.


Larger bankroll also increases your chances of larger losses.

The idea was to have a bankroll to last an hour of play.
$300 total loss vs. a $600 total loss I would rather play every day.

Larger bankroll does not necessarily mean you will last longer or even hit a win goal more.
Computer simulations do prove it.
7 winner chicken dinner!
December 25th, 2010 at 7:16:08 PM permalink
mkl654321
Member since: Aug 8, 2010
Threads: 65
Posts: 3412
This would depend partly on the pace of the game, but if your goal is to remain in action for an hour NO MATTER WHAT happens, then you should be prepared to lose at least ten bets with full odds, or $300--it would be pretty unlucky if you didn't last an hour. I would play at a crowded, busy table to reduce the number of decisions per hour.
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard Shaw
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Bovada is the only Internet casino endorsed by the Wizard.
Here are my reasons why and my promise of support.