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Learn how to manage your money while playing slots to ensure that you always go home with some cash, and you don’t lose all your money too quickly. I’m Mark Vincent, a certified slot technician, and my tech4truth videos are to educate the gambling public about how slots work, and how not to get scammed by those selling systems. This is Episode 6 of 8… make sure to view my other episodes when they come online!

For more information visit http://www.tech4ruth.com.

To practice video poker online for free, go to http://www.tech4truth.com/videopokers…

To purchase a copy of my book about slots and how to get the best odds, visit http://www.egdsecrets.com.

Sample Transcript:There are an incredible number of money management tips out there for playing slots, but what I’m going to share with you is a system that I’ve come to call the “Piles method”. It has been by far the most successful one for me, and for most of the slot players I’ve personally taught it to. Just like the name, it involves putting your money into piles, and keeping track of those piles as you play. There are going to be three piles we’re going to be working with. You can actually physically separate the money if you think it would help, but you don’t have to as long as you can keep track of how much you have in each pile.

The first pile is your bankroll, which is the money you’re prepared to gamble with… or in other words, prepared to lose. This is the pile you’ll use to feed the machine, and the only pile you’ll use for that. The second pile is your winnings pile. This is the money you’ve won, no matter how little your win is. Each time you win something, anything, it goes into the winnings pile. Don’t move money from this pile into your bankroll until your bankroll is empty, and then only as instructed. This is important. Your third pile is your untouchable pile. This is money that you’ve put away from your winnings that you will not touch under any circumstances. I like to call the third pile my sock, because it reminds me that I’m socking away some money. Never ever take money out of your sock. This is money that you WILL go home with unless you have an emergency. Note that seeing a machine that you just know is a winner does not constitute an emergency.

Basically it goes like this. You start out with a set amount of money you want to play with and you call that your bankroll, let’s say it’s $100. As you play that $100 into the machine, if you win something back, anything, you put the winnings into your winnings pile. Keep in mind that your bankroll NEVER increases because of your winnings! That’s important. Don’t worry, you’ll have a chance to play with that money later, but not yet. So if you bet $10 and win $5 back, your bankroll is now $90 and your winnings pile is $5. Continue playing that way until your bankroll is gone. Once it is, you can now take your winnings pile… say it has $65 in it, and split it to create a new bankroll and your sock. I usually advise at least %10 of your winnings go to your sock, but you can choose however much you like. Just be sure to put some of your winnings away. So in this case we’ll move $50 into our new bankroll and put $15 into our sock. We’re now guaranteed to go home with at least $15, and we can keep playing with the $50. You can continue this way until you run out of bankroll, but never touch your sock.
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Rating: 4.39, Duration: 8:9 , Author: tech4truth, Likes: 309, Dislikes: 43, source

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