Managing your money when your bankroll is getting low
Playing multiple hands is not about greed, it’s about being more in control of deciding your own fate. Personally I like playing two or three hands.Like all gambling, money management plays a part once you’ve decided to play more than one hand. My initial bets decrease by 50% or so when playing more than one hand.
If you are starting with a smallish bankroll, and the cards aren’t falling your way early it’s important to keep track of your remaining chips. Why? Because it’s always wise to keep enough on hand to ensure you can play the cards the proper way should double and split opportunities arise. For instance if after a bad run after playing two hands for $25 each, and you’re down to a $70 bankroll, the wager amount has to drop to $10 per hand so that you are able to split and double should the cards dictate. This may seem like a minor detail, but let me show you a worst case example of how not paying attention can affect your evening. There is nothing much worse than losing both hands because you didn’t have the cash to double your bets and change the card placement order.
Try this exercise.
Give yourself a pair of 6’s on one hand and two card equaling 9, 10 or 11 on the other, then give the dealer a 5 as his up card. Play the hands two ways. The first way straight up, then back up the cards in the proper order and play the hand properly. Splitting and doubling. Do this several times and keep track of the results. If you do this exercise a few times, it should show you that lowering your wager amount so you can take advantage of splits and doubles when your bankroll is low, will give you a better chance of making a comeback.