At the end of the day of playing blackjack, the primary success measurement is all about the money. When you go the cage to cash in your chips do you not want them to pass you enough money to fill a grocery bag full of the green stuff. Actually, in Canada and the UK we have different coloured bills so as long as the bag is full of the higher nominations of bills we are happy. That is the way I feel and I want to spend my money wisely and have more and more for the greater pleasures in life.
Money is the faithful servant. It provides shelter, clothing, food, and can even ensure that your children are properly educated in hope that they have a better shot at a happy life. Or at least the basics to make a better life for themselves. My point is that money can make dreams come true and I believe everyone should have abundance throughout their lives.
So, what is my point and how does it relate to Blackjack. Well, the book I wrote, Blackjack for the Casual Player, has a subtitle, “How to stay in Complete Control of Your Money and Your Game”. In other words, protect your money. A dollar won is your money. The worst expression I have ever heard in a casino or about casino gambling is that after a few or many wins “You are now playing with the Casino’s money”. This implies that you can take your winnings and be reckless. Take the $100 you just won and bet on the 1,000 to 1 odds of the 3 legged horse in the Kentucky Derby. Yes, you can turn that $100 into a big score but the chances are so remote you just gave away your earnings. Did I say earnings, YES, because that is what it is. When you win a dollar in the casino that is your dollar, treat it like every other dollar you earn in your daily occupation.
I love to relate this story because it is so relevant to this topic. My buddy received what most would call a windfall. He had left a position at one company for another and after a period of time received a cheque in the mail from the former company that was unexpected. He was ecstatic and called me with a plan to use it that meant putting it into a high-risk investment. To date he had used a conservative balanced approach to investing that had returned consistent profits. Now that he had received this unexpected windfall, he thought he may invest it in a possibly home run strategy. He asked my opinion.
Immediately I thought of my gambling strategies. When I win I regard it as earned income and I do not want to give it back to the casino even though there are these other large gain possibilities. I would rather invest it into myself. So I explained this to my friend and said that he was doing well with his investments to date and long term the future was bright. This will make it even better and to “gamble” it away on a high-risk investment was inappropriate. I also said, if he wanted to take maybe 5% of this gain and put it into something of a higher risk that would be OK as if lost it would not change your life or future plans.
My friend took my advice and years later often we talk about that discussion. In his mind he had made the correct choice and felt better for it. I asked how that other investment had done and he said he didn’t know as his decision to stay away from it gave him comfort and as such there was no need to see what the alternative would have been. Great attitude. When you leave a table for the right reasons, there is no benefit in staying to watch to justify your decision.
My whole point is, money is the greatest servant and do not waste it in life and definitely not in a casino. Enter a Casino with the Knowledge and Discipline to carry out a proper game plan that gives you the best chance at being successful.
Order my book on Amazon for complete details on a game plan that works and enjoy the ride.
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