management is one of the key factors in winning at
the craps table, and is tied up to self-control, since
leaving a table at the correct time often makes the
difference between being a winner or loser.
Money management can be divided into several parts,
-- The total gambling bankroll of the player
-- The bankroll necessary for one session of play
-- Betting limits to be followed
-- How much a player should lose at any gambling session
-- How much a player should win at any gambling session
players don't reside in the same city where they do
their gambling. They may be visiting the gambling
resort for the day, for a few days, and in some instances
for a week or more. If a gambler wants to play seriously,
he must take along a sufficient bankroll to finance
his games otherwise he'll either have to play wildly,
hoping for an immediate big win, or he'll play too
cautiously, since he won't have enough to ride out
temporary losses and take advantage of winning streaks.
Playing without sufficient capital is playing with
scared money-the gambler is scared to increase his
bets and scared to lose and thus get tapped out.
problem is that there are reasonable arguments in
favor of each of these approaches. Some are more reasonable
than others, but none are irrational. It becomes vital
to discuss and agree upon what rule will be used before
a hand is played because hard feelings will result
if someone has to make a decision after the fact.
In my opinion (and that's all it is), I like the idea
of rewarding good play (playing wheel cards that can
turn into small straights) and avoiding harsh penalties
when a player has a good hand like a wheel. Players
who swing should be allowed to split the low (or high)
end when they tie there. This certainly doesn't make
swinging a wheel an automatic play; wheel owners who
suspect a better high hand might be out sometimes
must opt to declare low only. It just seems wrong
that someone who owns a steel wheel (A-2-3-4-5 suited,
the best possible low and a straight flush for high)
could wind up with nothing if he swings his hand and
someone else has a regular wheel.