Common money management mistakes in qiuqiu games and how to avoid them

Common money management mistakes in qiuqiu games and how to avoid them

QiuQiu, as Sic Bo or Hi-Lo, is a popular casino game originally from China that is played with three dice. Thanks to online casinos, qiuqiu is now more accessible than ever with many variations available. While qiu qiu relies partly on luck, it also requires skill and strategy. Proper money management is crucial to long-term success in qiuqiu, yet many players’ costly mistakes that hurt their bankroll.

Having no stop-loss limit

The biggest and most common mistake qiuqiu onlineplayers make is having no stop-loss limit. It means they keep playing even when on a losing streak, often until they have lost their entire bankroll. To avoid this, you should set a loss limit per session and stick to it no matter what. If you reach your stop loss, walk away and come back another time. A good rule of thumb is to risk no more than 1-2% of your bankroll per bet. So if you have a $1000 bankroll, your max loss per session should be $10-$20. Setting a stop loss will protect your bankroll and prevent you from tilting and making irrational bets trying to chase losses.

Chasing losses

Chasing losses occurs when you try to immediately win back money you just lost by betting bigger and more aggressively. This reckless betting rarely works out and usually just leads to even bigger losses. When you are down, it is best to stop playing and reset for another session. Don’t let frustration cloud your judgment. To avoid chasing, take breaks after big losses to clear your continuing. In addition, accept temporary setbacks as part of the game – you won’t win every time. Instead of increasing your bets on the spur of the moment, remain calm and stick to your plans.

Having no win limit

The flip side of having no stop loss is having no win limit. It happens when players keep gambling to try and run up winnings even on a hot streak. However, long lucky streaks are unpredictable and can turn in an instant. A good win-limit rule is to stop if you are up 150%-200% of your original bankroll. So if you start with $100, cash out when you are up $150-$200. Lock in profits before the tides turn. You can then use this money to replenish your bankroll for future sessions.

Betting more than you can afford to lose

Another common mistake is betting more money per round than your bankroll can absorb. You should never bet any amount that would wipe out or critically hurt your bankroll. As a guideline, try to keep each bet under 5% of your total bankroll. Have a clear budget for qiuqiu and only play at limits you can afford. Take a conservative approach as you are building your bankroll. Also avoid dipping into savings, redirecting bill money, or borrowing to play qiuqiu as this is a recipe for disaster. Only gamble with surplus discretionary money.

Doubling bets after losses

Some players employ the risky martingale betting system where bet sizes are doubled after a loss hoping that an eventual win will make up the deficit. However, this approach can backfire badly in qiuqiu. Losing streaks happen and doubling bets repeatedly can quickly snowball losses and drain your bankroll. Avoid the temptation to double bets after losses. Stick to the same calculated bet sizing regardless of whether you are winning or losing.