Capital, Stop Loss, Take Profit

Jiten171

"Here is my personal design for capital, stop-loss, and take-profit:

1. Capital
This is a matter where many people have different opinions. Some may believe that having more capital will lead to bigger winnings, but most people do not think deeply about this issue and tend to be casual without restrictions. If you are visiting a casino for excitement and can afford the risk, then the amount of capital you bring may not be a concern.

However, if your purpose for visiting the casino is to make some extra money rather than seeking excitement or entertainment, then you need to calculate your capital carefully. How do you calculate your capital?

Capital = Flat Betting Amount x 12 (For example, if your usual flat betting amount is $200 to $300, your capital should be $300 x 12 = $3,600. In the example above, having $3,000 to $3,600 is generally sufficient.)

2. Stop-Loss
This depends on the betting method you are using to make a decision.

a. If you are using ""flat betting,"" set the stop-loss at 10 base units = $3,000 (based on the example above).

b. If you are using the 3-color strategy:
1. Divide your capital into two sets of base units ($200, $400, $800) = $1,400 x 2 = $2,800.
2. When the first set of base units is exhausted, check how much more you need to have enough for one set. Only replenish the amount needed for one set. (For example, if you run out of one set and still have $800 from previous winnings, you only need to replenish $600. Set the stop-loss at the amount of two sets of base units.)

In other words, the stop-loss should never exceed $2,800 (unless you're extremely unlucky). Even if you lose two sets, you will generally lose only around $2,000.

For those using the straight color strategy, it's essential not to use the remaining chips after losing two sets to continue betting. This is very likely to lead to further losses because if you were lucky that day, you wouldn't have lost two sets in the first place. Betting again after losing two sets is mostly a losing proposition. Remember, you only lost around $1,500 to $2,000, and there's no rush to recover it. Be patient!

3. Take-Profit
a. Flat Betting: Capital x 60% ($3,600 x 60% = $2,160)
b. 3-color strategy:
1. One set of base units (if one set is not lost)
2. One set of base units (if one set is lost)"

Indra55

Betting should always be done with some level of rationality, impatience and such can be detrimental.

Kabir903

This method can be well controlled independently and is also very effective.

Kahn332

Capital, Stop Loss, Take Profit