Why Bankroll Management is Crucial
Poor bankroll management will undermine any other strategy you try to implement. Simply put, it's the art of not going broke. It's arguably the single most important skill for any serious player of the Astronaut crash game.
Key Rules for Managing Your Money
You don't need to be a financial wizard to manage your bankroll. Just follow these fundamental rules:
Only Bet What You Can Afford to Lose. This is the most critical rule. Never, ever use money that you need for daily living. Playing with "scared money" leads to poor, fear-based decisions. Set a Per-Bet Unit Size. A common rule of thumb is to risk only 1-3% of your total bankroll on a single bet. For example, if your total bankroll is $100, a 1% unit size would be a $1 bet per round. This protects you from variance and allows you to survive the inevitable cold streaks. Know When to Walk Away. Before you start a playing session, decide on your limits. Set a point at which you will stop if you are losing. Once you've lost that amount, the session is over, no exceptions. These rules prevent you from chasing losses or getting too greedy and giving back all your profits. Don't Chase Your Losses. The urge to place a large bet to recoup previous losses is strong, but you must resist it. Chasing losses is a gambler's cardinal sin and almost always leads to ruin. Trust your system and do not deviate from it based on emotion.
The Long-Term Benefit
It provides the stability needed for any long-term strategy to be effective. It allows you to enjoy the game for longer, reduces stress, and ultimately gives you the best possible mathematical chance to come out ahead.