Everyone has their own theory of what it takes for a truly successful blackjack player to become. It’s about reading all the blackjack tactics and treating Ed Thorp’s Beat the Dealer like the bible, some people can tell you. Others would say it depends on how much luck you have, or just how much karma you pin down. The truth of the matter, however, is that the most successful blackjack players are specialised in one thing-blackjack money management.

It doesn’t matter how smart you are when turning the cards; if you don’t know how to or can’t handle your blackjack bankroll successfully, then you’ll never be a good gambler. Playing blackjack is even less fun by losing your rent money at the table chasing losses and finding yourself sleeping on the couch of your mate, or worse.

We ‘re here to help you stay smart about managing your gambling money. Follow these tips and we guarantee that when you play blackjack, you’ll experience more success and, most importantly, most enjoyment and peace of mind.


Rule number one of management of blackjack money seems like common sense, but you’d be shocked how many people fail to obey this one when they play. The easiest way to keep your money in a hold is to set limits on it. Know how much to risk and stick to it. No apologies. Don’t tell, ‘One more hand,’ – go ahead. The law applies not only to defeats, however. You should also set a winnings-limit.
 It sounds like an easy counter stuff to do, but setting a winnings limit will most likely save you some serious headaches. Too many blackjack players can tell you the sob story of hundreds or even thousands of dollars when they were up, just to lose everything faster than they earned it. When you’re on a winning streak, it’s hard to walk away but if you don’t, it’ll almost always end badly. Get out while at the front. You are going to look (and feel) more badass walking away from a winner, anyway.

It comes down to this: don’t listen or indulge your ego in your hurt pride. If you reach the mark of your defeats, do not believe you can take any of it back. If you are reaching your winnings cap, don’t be deceived that you can win more. Walk away in both cases, and in the long term, you’ll be more successful.


If setting your money to a limit sounds like more of a hassle than you want to deal with, consider setting a limit on how much time you have to practice. The more time you spend playing, the more money you are likely to lose, is statistical reality (probably) that. Setting a time limit will help you keep your spending low, without keeping track of every penny that goes into your bankroll.

Consider, however, that your time limit should be based on how fast you are playing, and how much money you typically spend per bet. For example, how does blackjack play at $1 a bet for three hours compare with one hour of play at $10 a bet? It all depends how fast you are playing, and how much you are betting. When you are going considerably faster in your $1 game, you could be looking at the same amount of money or even more in three hours than you would in a $10 blackjack slow hour. Try to play on the practice mode to get a sense of how quickly you are playing and change your time limit to your pace.

Your time limit could extend to the number of days you play a week or a month, as well. You could play for a total of three hours every other Saturday, or one hour on Tuesdays and Thursdays. Just remember to stick to your time limit and change it to match your speed and how much you bet per hand for proper management of blackjack money.


So, you ‘re too lazy or stubborn to set a currency or a time limit and you’re looking for something simpler. If that’s the case, start using your casino deposits to limit yourself. In short, just deposit whatever you can afford to lose. This will place an apparent and inevitable cap on how much money you will spend at the casino playing blackjack.

Be practical – if you know that you are the guy to say, “just one more,” then deposit a little less than you can afford to lose. This allows you to top off with one or two more deposits without going over, but also gives you the opportunity to learn discipline and know when to stop. If you think your convictions are rock solid, deposit 100 percent of what you can afford to lose and don’t make another deposit until the first is gone.

The most important part of this money management tip for gambling – don’t make another deposit until you have money that you can afford to lose again once the amount you deposited is gone. Don’t try to persuade yourself that you should put money into your deposit, and then find it out. It’s not working and leaves you deeper into the red. Go away, pay your rent, earn more money in your daytime job and come back when you have something to spare. You will later be thankful.


 There is an app for anything today, and management of blackjack money is no exception. Several apps allow you to compartmentalise your finances into simple, neat little boxes that make it easy to handle money as a cookie. You can review the history of spending, make various budgets and set goals for major purchases.

The best thing about budgeting apps is their ability to warn you when you’re hitting an expense cap. If you build a budget for blackjack spending on your budgeting app and it seems like you ‘re creeping to the top, it will warn you with an email, a text message, a smartphone warning, or all of the above if you really need it. You can also keep track of the remaining of your finances in one place.

Budgeting apps like Mint or Spendee are great for keeping all of your money in check, including the blackjack table money you spend on. Both of these apps are compatible with Apple and Android devices allowing you to manage your money successfully from anywhere. Only note to get your phone on the casino floor vibrated.

Check out our article 7 Great bankroll management software for a more comprehensive look at the budget management features.


Any daily gambler will tell you that it is real. If you get drunk at the table you can’t be a good blackjack player. Having a cocktail or two will not ruin your game (unless you’re a lightweight player), but anything beyond that is an invitation to make serious mistakes for you. Your gameplay and blackjack money management could cost you those mistakes. It is a fact of life that when they are drunk people appear to make bad choices. If you want to get drunk and start making mistakes at the table, you are doing a disservice for yourself and your casino bankroll. While only are you likely to lose money on the cards you are dealing with, you are much more likely to invest more money than you would like. It doesn’t matter if you’re sitting at a green felt table on the casino floor or on your living room couch at home – getting drunk will not be good for your bankroll.

Stay away from the booze and your budget will be more likely to stick. Use the money you saved to buy yourself and someone good looking at a casino drink after you have finished playing blackjack. By getting drunk at the blackjack table, you are more likely to get lucky that way than you should otherwise.


Set monetary limitsWatch the clockDeposit wiselyThere’s always an appDon’t lower your inhibitions

The essential parts of blackjack money management are self-control and discipline. Set limits, don’t do anything to dull your senses, and know when it’s time to walk away.

Author: Claude White