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How do you allocate your gambling $$$$'s?

Discussion in 'Casino Gaming' started by Mirageluvr, Jul 30, 2015.

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  1. Mirageluvr

    Mirageluvr Low-Roller

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    If you have a preset gambling fund, do you allocate your gambling allotment by day, or do you just play until you're done for the day, or trip.....win or lose? Personally, my wife and I have a set amount that we divide up daily, so that we will have enough money to play for the length of our trip. If we happen to win, we add that amount to the next day's allotment. Also, if one of us is winning, or losing, we fund the other, until we quit for the day, or lose our daily amount. We have always looked at the money we allocate for our trip as a vacation expense, and that if we lose it all, so be it. Most of our trips this is the case, but on occasions we have actually brought home more money than when we left. We always start our vacation thinking will this be the trip when we hit a GC, or game changer. Hopefully next month we can see our dream play out in front of a beautiful slot machine. I can't wait. LOL :licklips:
     
  2. joesmom

    joesmom Low-Roller

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    Hubby and I have a daily allotment - if I have any left at the end of the day - then 1/2 goes into the next day and 1/2 goes to my "bring home envelope". If hubby has any left - he spends it on other stuff in vegas - sometimes me!! lol
     
  3. Mirageluvr

    Mirageluvr Low-Roller

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    The "bring home envelope" sounds smart and we actually discussed this strategy for the first time last week. The questions is....do we have the willpower, or do I? I would probably follow your husband's approach. LOL
     
  4. Vegasaddict2014

    Vegasaddict2014 Low-Roller

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    I put $500 aside for emergencies and split the rest of my bankroll equally over the days. If I'm up for the day I usually think of it as free shopping money for the end of the week.
     
  5. Kornholio788

    Kornholio788 Tourist

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    Split equally. I do like the bring home envelope as well.
     
  6. gradytripp

    gradytripp Low-Roller

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    Split into four envelopes, with an increasing amount each day so by the end I feel like a high roller.

    Example: a typical four-day trip with my wife with a $2500 budget, the envelopes will have $400 (we don't get in until late afternoon), $600 (this is usually our "downtown day"), $700, and $800 (for the last day).

    At least half of what's left at the end of each day goes into the "take home" envelope. The rest goes into the envelope for the next day.

    The money in the "take home" envelope can only be used to make change--i.e., to not have to walk around with lots and lots of 20s.
     
  7. Nevyn

    Nevyn VIP Whale

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    Generally what I have done in the past is to have daily allotments. Anything left over from a day rolled into the non gambling spending budget (nicer dinners, shopping, what have you) for the rest of the trip.

    For future trips I am thinking of modifying this by rolling some of the leftover amount up for future gambling. My current approach is great for being up a little, down a little, but I'm thinking I can handle a bit more variance.
     
  8. joesmom

    joesmom Low-Roller

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    I love coming home with any of my gambling budget as it feels like a win lol. I look at my gambling budget as what my entertainment budget would be on another vacation and since I get comped rooms I look at that as an expense that I don't have in vegas therefore it gets added to "entertainment". If I went anywhere else I would spend it all - so a win is coming home with ANY of it.
     
  9. Mirageluvr

    Mirageluvr Low-Roller

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    I received room/resort fee, slot, and resort credit comps on this trip. I also picked up 3 $100 Mirage gift cards with Am Ex points. The Mirage is giving me $100 in free play which I will have my wife put in a $5 machine and go for it...it's not part of our allotment, but if she hits, maybe it goes in the take home envelope. LOL
     
  10. Hobofrank

    Hobofrank Prime Minister of Idiocracy

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    Session bankrolls
    so if i have 2 days and $3000? I divide it up in $500 session rolls
    and when I drop $500
    I take a multi hour break until the next session
     
  11. Erich17

    Erich17 Low-Roller

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    Always have my allotment for the day and do my best to keep whatever is left over in the safe and start the next day fresh. As always some days are more of a bender than others. If I have enough left I always get my wife a little "Im sorry" purse for the flight home.
     
  12. bjpcyclone

    bjpcyclone High-Roller

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    I tried the envelope system a couple of trips ago. First night, got drunk, lost, and immediately ripped into the next day's envelope. I definitely don't have the self control needed for the envelope system. Damn booze.

    That said, if I will slow the gambling down (sometimes way down) as the trip progresses if I'm nearly my bankroll limit. And that usually works for me.
     
  13. Texas Gramma

    Texas Gramma Low-Roller

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    One more!

    The only thing to add is I have an envelope for the airport--both ways!
     
  14. Lhammer28

    Lhammer28 High-Roller

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    im on the same boat as most here, whatever the amout i have for gambling i divide up and if last day is an early check out i just have half or less on that day.

    I remember a few trips back staying at GC still, I lost my first day within 2 hrs, so instead of going back up to the room, I used a CC advance for more than what i brought in the first place. i was so drunk i thougththought i had won money & then when i got home from the trip, saw my cc statement and just laughed.
    Only in Vegas.....
     
  15. h0und10

    h0und10 Low-Roller

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    I usually bring 3 grand. 1 grand for each of 3 days of gambling and if i am up instead of carrying it over to more gambling for the next day like many here, or a "take home" envelope, i use what i won for things like food, high roller ferris wheel, cabs instead of walking, etc.. Last trip i ended up winning 2 grand and instead of coming home with all of it, i paid for my trip in cash instead of credit card so when i came home, the trip was essentially free plus i had some money left over!
     
  16. Irishkicker23

    Irishkicker23 Low-Roller

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    Usually this. I always go into Vegas with a pretty well laid out plan but once the plane touches down, everything goes out the window on the first night. I usually come back to my senses the next day and regroup. I will count what's left of the bankroll and formulate a new plan.
     
  17. stephenamorgan

    stephenamorgan Tourist

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    My wife and I have a daily budget and we never go over that. We usually end the day with money left so we put that to the side. The last night in Vegas we take all of that money downstairs for one last go of it. Last year we turned $200 into $1000 and came back home with that.
     
  18. Kobra2848

    Kobra2848 Low-Roller

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    Our last trip is the first time I tried the envelope system. I divided my bankroll into three for our 6 day trip. I never made in through the first envelope. I called that a win and will try it again on my October trip.

    Mark
     
  19. Mirageluvr

    Mirageluvr Low-Roller

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    I spit my drink out reading your message. LOL Damn booze is right, as I've been there...you play all day, get free/weak drinks and BAMM...the best laid plan is out the window. BTW, I drink all day in Vegas, and I've never woke up with a hangover...go figure.
     
  20. Mirageluvr

    Mirageluvr Low-Roller

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    Too funny...only in Vegas is right. My brother-in-law once did a CC advance years ago, and I think it cost him like $20....times have changed.
     
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