I can't believe that I've never heard of this idea from anyone. I am headed to Vegas later this year have been trying to figure out how to make sure my money lasts....
Background - You know the drill. You head to Vegas with X amount of money (call it $3K) and you want to make sure it lasts the trip. You get drunk the first night and tear through your cash. Then you're miserable and either bum around or do a CC advance, etc. BUT NOT MORE!! I have the solution.
I will use my trip as an example and say I am going to take $3K. I get there on a Friday. The first thing I'm going to do is head to the sports book and find a game (any sport) that will settle on Sat around noon. I will then bet $1K on one side of the game (and yea, you guessed it), $1K on the other side. For $50, I can protect $2K for the night and collect my money that following day after I sleep off Friday night.
You think that's expensive?? Consider how many times you have doubled/tripled a bet (when drunk), dropped $25 on the roulette table, etc., etc., etc.... Now how expensive does $50 sound? That's just one stupid mistake that YOU WILL MAKE that night.
I would be very interested to hear if someone knows of any low juice books or no juice specials that I could use for this GENIUS strategy.
Would also like to hear if someone else has a better idea of suggestions.