Bankroll Management Scheme: Hit and Run Method
The hit and run method is a bankroll management plan that might not appeal to all but is quite effective if you're up for it. It appears that only those who are in a casino for the money can put up with the short flings this bankroll management scheme runs with. If you are one who can stick around to count short term profits then the hit and run method might just work for you.
You can classify bankroll management schemes as those that work for short-term gambling sessions and those that work for long-term gambling sessions. The hit and run method is one of those that work for the short-term sessions. The fundamental idea behind this bankroll management plan is to pocket whatever you win in short sessions and thus accumulate these small amounts in the long run.
An exact antithesis is the idea to quit while you're ahead, which goes for the long-term session. Those who can be satisfied with pocketing small winnings can go for the hit and run method but those who aren't will find it hard and should rather opt for bankroll management schemes that work for long-term sessions. Those who prefer long term sessions are probably ones who are out to ride a winning streak, which is a bit unpredictable.
The hit and run method is a bankroll management scheme that avoids the effects of the house edge in the long term. One of the disadvantages of long-term bankroll management schemes is that they tend to leave your bankroll exposed to the casino's edge over time. We all know that the longer you play a game the sooner the house edge will eat up what bankroll you use. The hit and run method simply keeps your bankroll away from the casino's built in money making system.
It is unfortunate that you will eventually lose your bankroll overtime as long as you keep playing. Others who prefer to wait for the winning streak and then quit after hitting it might find it disappointing sometimes. You can never predict when a winning streak will happen.
As opposed to that idea, the hit and run method will have you play for a few hands or for a few spins and pocket whatever winnings you have made. After which you may take a break and play another short round. You may play several short rounds taking breaks each time you have won something, even if you have only won back your bankroll. Once you've made a small sum of money you then quit for the day.
Not everyone will find the hit and run method plausible. If you can be satisfied with small winnings then this scheme might work for you. The hit and run method avoids the long term effects of the casino's edge on your bankroll.