Let's have a fresh new thread for this topic: Do you have a win goal when you play in a casino? And if you do have a win goal, what do you do when you reach it? Or, if you fail to reach it? Do you have a money management system or do you keep playing till you can't get any more money out of your credit cards?
How do you determine your win goal? Do you double your money and quit? Triple your money and quit? Quit when you get a W-2 payoff? Quit when you increase your bankroll by a certain percentage?
Or, are you so lucky that you can just keep playing because you are never without money, and quit only when it's time for a bathroom break, show time, dinner time, bed time, or time to leave?
For this discussion there are NO right or wrong answers. I just want to see what people think and do. So, please -- NO judgment calls.
I'll go first:
When I play live poker, if I double or triple my buy in, I leave.
When I play craps, I play till I exhaust my budget or in the very rare case score a big win. Rarely have I scored a big win, and over the years I have reduced my craps budget knowing it is a negative expectation game. Frankly, I'm tired of craps.
When I play video poker, I used to play till my trip budget was lost trying to get that elusive royal flush. Now I have adopted a win goal strategy of 20% of my bankroll for the session and I will raise the win goal to a trailing stop if I am winning more.