Bonnie Evans | January 12, 2023 | Updated on: January 12th, 2023

Online Sic Bo Money Management

Proper money management is one of the keys to success in gambling, and surprisingly, not every player knows how to manage their bankroll in a way that allows them to have longer, more fruitful gambling sessions. In Sic Bo, players are faced with two main decisions: your prediction for the three dice outcome, and how much to wager on that outcome. Given the prominence of money in the game, knowing how to preserve your money becomes important. Those who regulate spend and make calculated decisions are more likely to come out successful than those who make costly decisions based on temporary emotions.

Sic Bo is a casino game enjoyed by many in the United States and beyond. It’s found at land based and online casinos, and can be played through an app on your mobile phone. Have a look at some of the top online casinos in the USA below and select your favourite one to start playing sic bo for real money today.

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Sic Bo Player Classification

Online sic bo players differ in personality, wealth and experience. A good money management method involves identifying the kind of sic player you are and what goals you have for the game. We’ve classified three kinds of players below. Assess what kind of player you are and set your goals accordingly.

Player 1

The first kind of player is in it for the experience and the fun of it, not so much for the potential winnings. This player chooses to bet conservatively and is careful to minimize the risks of losing. He/she usually bets the same amount every time.

Player 2

Player 2 is what we call a risk taker who aims to win a lot and lose a little. This kind of player is likely to ride the wave for winning streaks. Losing streaks are more probable though.

Player 3

This kind of player is satisfied with small wins, that often pose big risks. There are many sic bo betting strategies that cater to this goal, and each involves making bets until a win is achieved. This player is happy with all the modest wins, but the occasional big losses often take up all the small wins.

Sic Bo Money Management Guidelines

We’ve outlined all the money related terms in sic bo below and explained each. Consider these when you compile your sic bo money management plan.

• Bankroll: This is the amount of money you are willing to risk on your game. This can be a large amount of money, or a small amount of money just as long as the overall sum doesn’t exceed more money than you can afford to lose.
• Session: The duration of your gambling session is dependent on the player, meaning it is as long (or short) as you want it to be. But, good money management involves deciding on the length of your session beforehand and sticking by that. Your session can be a day, an hour or even a week-long period.
• Limit: Your bankroll should be the only sum of money that you use on your gambling session. Avoid going to the ATM or depositing a new sum into your casino account. This is one of the rules you must try to obey when on a tight money management plan.
• Goals: To give your money management strategy a fair chance, you must set goals. These goals should be specific and achievable. Setting goals also makes it easy to track your progress which gives you an indication of how far you are from achieving them.
• Pace: Getting overly excited and going in way over your head is not a good money management approach. A better approach is to start off by betting -+ 2% of your bankroll on all your wagers. This percentage is flexible and can increase when you win money.
• Streaks: Sic Bo is unpredictable., and the dice have not memory and cannot be programmed to produce a certain result. The outcome of each dice is a mere coincidence. However, in Sic Bo, winning or losing streaks are very common. This happens when the dice produces winning numbers or losing numbers consecutively. Losses come by more frequently than wins, so, another good money management technique would be to leave when you see a losing pattern. The same goes for winning streaks- leave while you are still a winner.

Overview

At the end of the day, how much you bet and your reasons behind that amount should depend on why you are playing sic bo. Whatever money management techniques you use, make sure that it aligns with your goals, and have enough discipline to see it through.

Other Sic Bo Guides

• Sic Bo Tips
• Sic Bo Odds 
• Mobile Sic Bo
• Sic Bo Strategy