Blackjack Money Management

How to manage your money when playing blackjack

Blackjack games can be like rollercoasters, with large winning and losing swings during the course of play. Be prepared and don't get discouraged by these swings, because correct play will make you a winner in the long run.

As a rule of thumb, multiply your normal bet by 40 to determine how much to put on the table for one session of play. If you're betting $2 at a time, $80 will be sufficient. With $5 bets, about $200 will be needed. You can even hedge and take less, about $50 for $2 bets and $100 for $5 bets, but that's cutting it a little too thin.

Remember, play only with money you can afford to lose, that won't affect you financially and/or emotionally. Try to double your stake at the table. If you do, leave at once. You've done well. Or, if the table is choppy, and you're ahead, endeavor to leave a winner.

If you're losing, don't lose more than you bring to the table. Set a loss limit, and never reach into your pocket for more money. The first loss is the cheapest.

Money management can be as important as good play. Keep control of your emotions and your money, and you'll be a winner.