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Know when to Quit
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Know When to Quit

The casinos love to quote the old adage, “A winner never quits and a quitter never wins,” but the opposite is true when it comes to gambling. My wife and I have a standing rule: we play only what we intended to play before we arrived (see #2), and, if at any time, we reach double the amount we came in with (or greater), we cash out and leave. Just as small losses add up quickly, so do small wins. We go to the casino to eat about once every two months or so, and when we go, we usually bring a little extra cash (often $5 or $10) to play in the machines. In general, we lose or break even, but we have won (and walked out) often enough that, over the course of three years, we’re up by about $25.

 

 
 
 
 
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