Knowing when to quit
A smart player always knows when they
have reached their playing limit. This point is often
referred to as a “stop-loss limit”. Although
this limit varies with the individual, it is usually
around a third of the players total playing stake for
If a player consistently encounters failure
at a particular game, and is down two thirds of their
playing stake, they would be wise to at least change
tables, if not quit the session altogether.
The same applies to winning streaks. If a player makes
a habit of quitting every time they are up two-thirds
on their original total then they will always be quitting
while they are ahead.
Before a player embarks on a game, they should always
pre-designate a point at which they should stop. Carrying
on regardless, whether on a winning or losing streak,
can often push the player into a state of mind, where
they may make foolish decisions that cost them money.