Online Gambling and Walking Away When Winning
To stay or walk away whilst you are winning and ahead in the online casino? That is a question which faces every online gambler, pretty much in every playing session unless they start off with a losing streak and never recover to go ahead of their starting balance during the session of play. So should you walk away when you are ahead or carrying on playing? There are a number of issues to consider.
Time will probably play a large part in the equation. If you log on to the online casino site, play your first hand and win, it is unlikely that you will then cash out and come off again so soon! So in this situation a player would most likely carry on. If however you find yourself ahead after you have been playing for a while and have other things that need doing, you may decide to call it a day and walk away with your winnings.
Continue Betting or Walk Away?
The amount too will be another factor. If you are ahead by a few pounds you will probably carry on, but if you have just won a large amount by playing high stakes roulette and your number has come up, you may decide not to risk giving it all back to the casino. In this situation some players may decide to carry on for a little while and then if they lose a certain amount of their big win to then walk away whilst they are still ahead. Similarly, another strategy is to have a certain winning target in mind, and when/if this monetary amount is reached, to then cash out no matter how long the playing session has lasted.
Overall it is a nice feeling to have more money than you started with in an online casino and is obviously a good problem to have, but players also need to keep in mind that a gambling session never really ends. Whilst you may be up in this session, because the games have no memory of previous wins or losses either in the online casino or on your gambling trips to a physical casino, a gambler's life is one big session from their first bet to their last. So although you may be ahead this time when you walk away, unless you never gamble again there is always the chance of giving it back to the same or any other casino on your next visit. It is for this reason that many professional gamblers or theorists do not pay too much attention to the walking away whilst ahead theory, as it just postpones the level of your overall wealth until you next begin playing.