I’ve been asked variations of this question more than one hundred times over the years. Sometimes phrased as, “If I lose $100 (or some other number), should I give up for the day?”
My answer usually was some form of the following:
- Only play when you have the advantage. If the house has the edge, don’t play. It’s fairly easy to calculate in video poker whether you have the edge or not. In general, if you don’t know if you’re the favorite or not, you’re not.
- My answer assumes you have sufficient bankroll, actual and psychological, to ride it out. How to calculate how much bankroll you need is a discussion for another day.
- Are you still playing alertly?