The foundation of any profitable betting strategy is strict and disciplined financial management.

Managing your funds effectively ensures you can survive inevitable losing streaks and stay in the game longer.

How to Determine Your Starting Funds

Your bankroll should be an amount of money you are completely comfortable losing forever.

Divide your total funds into 5 or 10 smaller portions to ensure one bad night doesn't ruin your entire trip.

• Use the 'envelope system' in Vegas: put daily cash allowances into separate envelopes
• Adjust your stakes downwards if your bankroll takes a significant hit
• Discipline is the key; the math of the game means nothing if you cannot control your spending

How Much Should You Bet per Hand?

A common mistake beginners make is betting way too much relative to the size of their stack.

When playing highly volatile slot machines, you need an even larger bankroll to weather the long dry spells.

In the casino, discipline and money management always trump luck in the long run.