I have heard it said, “Only take what you can afford to lose” but to that I say phooey, don’t ever take your money to lose, instead take it to win, of course budget an amount you can afford to play with, but never take it to lose.
Now I know that might just be a matter of semantics, but attitude is part of the positive mindset you need to win, so taking money to lose is probably what you will do with it, however taking it to win, is a whole different outlook, now you still might lose, but at least that wasn’t why you took it with you.
A better question would be; how much can I afford to play with and stay within my budget?
And the answer to that is based entirely on you and how much you plan on gambling, what your level of expertise might be, what games you plan on playing, what amount you are comfortable playing, and whether you are a conservative, moderate, or aggressive gambler.
The one constant though would be playing time, if you play the slots for example, the average player pulls the handle (or nowadays pushes the button) between 400 and 900 times per hour, for this illustration let’s say you spin the reel 600 times per hour.
So if the slots are set to return 90%, then at $1 per spin times 600 spins you will be investing about $600 per hour, however if you also calculate that the machine is set at 90% return, you will probably get back close to $540 of the $600, so you are really playing about $60 per hour (the difference between $600 in play and $540 in returns).
If you want to play the slots for 3 or 4 hours per day, then you could budget $180 to $240 per day.
Thanks for reading this article, I hope, you have learned something new. I really enjoy sharing my passion with you. Be sure to check other articles about casino. Stay tuned for new materials. Be responsive with your game and your money, Good luck, and don`t forget to have fun!