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Economy => Gambling discussion => Topic started by: Beparanf on June 07, 2023, 03:49:21 PM



Title: Bankroll management discussion
Post by: Beparanf on June 07, 2023, 03:49:21 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.


Title: Re: Bankroll management discussion
Post by: Altryist on June 07, 2023, 04:10:13 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
1% or 5% are just values, but the bet size will depend on your gaming budget. With a good deposit, 1% can be significantly higher than the minimum rate. Your game budget is determined by you, but you do not have to make the entire budget for a game deposit, you can only make a certain part of it, especially if your game budget is significant. If you are consistent and do not exceed the predetermined values, then this will help you avoid losing your game deposit, and over a long distance you will be able to understand how successful you are as a gambler.


Title: Re: Bankroll management discussion
Post by: Kemarit on June 07, 2023, 04:11:48 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

During the height of my addiction, let's say on the slots machine, I'll always do max bet whenever I can. So I don't look at the the percentage, as long as the money or the capital is good enough for me to run and bet on max, then I will do it until the money was swept under me, or I got lucky and win big and continue on my high roller style.

However now? nah, yeah maybe just 1%-3%, I'm no longer that attach or look for big wins, most of the time I just played slots with small bankroll and just to have some fun. And if the money is lost, then I'll just sleep over and try to play if I feel like to.


Title: Re: Bankroll management discussion
Post by: Yogee on June 07, 2023, 04:32:11 PM
Are using a fixed percentage on your bets or you are just betting random amount?
I don't really play much casino games but I usually go for fixed amount. I choose low risk most often since my main objective is to get entertained. Feels good if I end up winning but still fine when not. There are times when I deviate and increase when my time alloted for gambling is almost up.

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Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
Whatever I decided as excess amount for the week or month that I can use for gaming or gambling is what I deposit. No fixed amount.


Title: Re: Bankroll management discussion
Post by: masulum on June 07, 2023, 05:14:36 PM
If I never calculate based on the percentage of money I owned for betting. But now I prefer to make bets with a fixed rate. For example, if I want to play $30 a week, then I only play at that amount per deposit. In the past I often exceeded my limits because of my greed and always thinking if . So, I learned to change my way with a max deposit of $30 unless I win, sometimes I increase my deposit. Of course, the risk is even greater considering that I often raise bets when I lose. But now, i learn to move  away for slots for a moments


Title: Re: Bankroll management discussion
Post by: uneng on June 07, 2023, 05:25:52 PM
1% is good, but you can use 0,1% too as base bet, so your bankroll will last longer and you can survive for more rounds before hitting a long loss streak. Another factor which must affect your choice is the configuration you are using when playing. What is your multiplier, x2; x1,5; x1,1? If you are making 10% profit on every bet, you have to set a low initial bet, as when you lose, you are going to need to increase your bet by 10.

You also have to take in consideration the length of your gambling session. If you want to play for a long time, place low bets, but if you are in a hurry, give yourself the right to use larger chunks of your bankroll. In every cases, don't feel forced to use the entire bankroll. Sometimes it's better to stop a session with partial losses.


Title: Re: Bankroll management discussion
Post by: Zlantann on June 07, 2023, 05:31:32 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
As a salary earner, I have a fixed budget for my gambling. And I have not changed it for many years because my salary has not increased or decreased for so many years. 4% to 5% percentage will be too much for me based on constant inflation that always leads to an increase in the price of goods. I am a low risked gambler so the 1% to 2.5% gambling plan is my level and it has not affected my finance negatively. Sometimes there are temptations or motivations to stake higher but there is a need to control my actions to avoid regrets. Although I trust the casinos I use still I don't deposit my monthly budget in the casino because nothing is certain in life. I am more comfortable with depositing the exact amount I am staking with little or no extra.


Title: Re: Bankroll management discussion
Post by: maydna on June 07, 2023, 06:08:47 PM
Unfortunately, I don't use percentages when playing gambling. If I deposit $30, I won't spend it all at once but will only bet $10 for a while, and whatever the outcome, I'll quit right away. I rarely spend a single deposit to play gambling because I will leave some balance so I can use it to play gambling another day. But sometimes, I gamble over $10 because I know I still have more balance in my betting account, so I'm okay if I somehow lose more than $10.


Title: Re: Bankroll management discussion
Post by: coolcoinz on June 07, 2023, 06:31:24 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

I like to play extremely safe so I use 100% of my bankroll, but deposit a new one with each bet, effectively spending not more than 1% of my monthly pay.
Let's say there's a sports event coming and I'm making $1k a month. I will deposit $10 to casino and bet all of that on the team or a fighter (when it comes to boxing or MMA) that I like.

I don't bet a lot of money, for me it's more important to have an active bet than actually make money doing it because it makes watching the match more exciting. I also never hold a lot of money on these sites. It's deposit > 1 bet > withdrawal > deposit > 1 bet > withdrawal.


Title: Re: Bankroll management discussion
Post by: ryzaadit on June 07, 2023, 06:32:04 PM
Not really use it.

I just going for the flow and feel, example for the flow. Once, I got streak win keep double the bet size amount from the previous win. I chasing for good section to gain 10-20x from my balance with a short time and cashout faster.

Cause, as you know. In gambling, we always have 10 bad section and 1 good section (that's why need to use the good momentum as high we can).


Title: Re: Bankroll management discussion
Post by: ralle14 on June 07, 2023, 06:55:16 PM
I mostly bet on a fixed percentage, but there are times when i'll break that rule and go for bigger bets. It also depends on the game i'm playing because on slots, I usually bet on the smallest amount you can place per spin because they're much faster, while on the live table games, I go for slightly aggressive bets that are around 5% or even higher as each round lasts one or two minutes long. I don't always withdraw my balance whenever i'm in profit because i'll have moments when I still want to play the next day.


Title: Re: Bankroll management discussion
Post by: OgNasty on June 07, 2023, 07:09:35 PM
I don’t worry about percentages when gambling. I just bet whatever I feel like at the time. I’m not exactly trying to grow a bankroll though. I figure once money hits the casino it’s gone. If you ever manage to see any of it again after playing then that’s a bonus. I couldn’t imagine trying to grow a bankroll like it was an investment account. Seems like a losing battle.


Title: Re: Bankroll management discussion
Post by: Slow death on June 07, 2023, 07:39:33 PM
Are using a fixed percentage on your bets or you are just betting random amount?

in my case I've been using a fixed percentage, for example I deposit 10$ in the casino so I put 1$ in each bet, but I'm careful with the game I'm going to bet on, that's because in case of a win and I keep 11$ then in the following games that are good games, I already bet on two games, which would be 1$ for each game and I have 9$ and if I manage to win in both games that would make me with 13$ so I'm already looking for 4 good ones games to place bets, only when I can't find good games then I don't place bets and I prefer to just watch the games, that's because watching the games already prepares me for the next bets

Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

man are we talking about trading or gambling? people don't make a profit in gambling and I doubt they use stop-loss which in particular is the first time I've heard that someone uses stop-loss in gambling I didn't know it was used, anyway in gambling people play and even when they win, they play again and lose everything, for example if the person puts 10$ and wins and keeps 30$, that person withdraws 30$ and keeps 10$, plays and loses everything then that person he deposits 10$ again and loses and then he deposits 10$ again and loses so that person has already lost everything including the deposit and what he won. it happens to everyone


Title: Re: Bankroll management discussion
Post by: lionheart78 on June 07, 2023, 08:58:08 PM
To be able to maximize the length of my gambling session, I always bet at a minimum.  I am fond of slots game btw.  So, I avoid buying bonuses and just do base bets to trigger bonus rounds.  From my $50 base fund, I bet around $0.1 to $0.4   depending on the game I am playing.  So I think it is safe to say that from a $50 bankroll, I use around 0.2% to 0.8% of my bankroll for every bet.

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Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

I always play with free funds so it is either get busted or hit the target winning amount.  I often target a 2x -3x profit in my gambling session so my minimum target is around $100 and upon hitting that, I will stop and withdraw the winning + bankroll.  I don't store funds in a casino btw.


Title: Re: Bankroll management discussion
Post by: DoublerHunter on June 07, 2023, 09:12:25 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
^ It depends on your taste, probably.
As you have said 1% to 3% is a low risk, this will probably be suitable for me since I don't like a high risk even if it has a high return.
Though these figures are not set in stone and should be considered as general guidelines each of us has a desired percentage in taking risks.
As for myself, I do not bet randomly or without any strategy. I consider various factors such as odds, game dynamics, and my own assessment of the situation before determining my bet size. I aim to make a good decisions rather than relying on chance alone.


Title: Re: Bankroll management discussion
Post by: carlfebz2 on June 07, 2023, 09:26:42 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
When it comes to bankroll handling then it would really be totally random.Why? Emotion is the main enemy of this one on which even if you do set out 1% amount of your bankroll but on the time that you would be

having those boost up of emotions or simply that getting impulsive then it would automatically be switching up to 1% to 10% or even more or the worst you would really be going all in. Why i can say so? because im really just like this.  ;D, When im still new into gambling field on which i do really have that impression that making money is easy until i do make out some realizations that it should really be taken up carefully
and this is the time i do make out considerations on having that bankroll management on where i dont really spent up huge in each bet.

Most of the time whenever i do experience some consecutive losses then this is where emotion kicks in and would really be minding about getting those losses back and this is where desperation would kick in too.
You would only just having that feeling of regret on the time that you had blown up your entire balance which is really that a very common situation.


Title: Re: Bankroll management discussion
Post by: Yatsan on June 07, 2023, 11:07:44 PM
On my end, I am using 5 to 10% in every bet when I feel like being aggressive or if I am javing a gut feeling that I would be winning. If such amount is not advidablr to othet players, don't worry, 'coz everytime I used all of my alloted money in gambling and to each day, I can manage to stop and do other things for entertainment, and I think this is more important. Some players can manage betting small but gives them the odd feeling of not being satisfied and ending up forcing to win until they have lost too much to the extend wherein frustration would be present. Ofcourse it would be better to prolong yoyr betting chances through small bets but that depends on your satisfaction with returns, as a gambler.


Title: Re: Bankroll management discussion
Post by: livingfree on June 07, 2023, 11:36:25 PM
I don't follow any bankroll management and percentage, I do gamble and deposit with the amounts that I am set to decide to win or lose entirely within that day.

But for those that have an issue regards to managing their bankrolls, such strategies or management like what OP has brought is a good one to start with.

Until you find your best way to manage your bankroll including how to manage your emotions properly, I think that you're all set and understand why it is important.


Title: Re: Bankroll management discussion
Post by: Strongkored on June 07, 2023, 11:41:31 PM
Whatever money I deposit to the casino but for the base bet I will always choose the minimum, and will only increase the bet amount if I feel it is the right time to bet a larger value but basically will always choose the smallest bet, and if we typical who prefers to play longer then betting with the smallest bet is the most suitable. Indeed, bankroll management is needed so that we can understand the basics of betting that are suitable for us because playing without rules will only be like throwing our money carelessly even though the initial intention of gambling is for fun but rules are still needed to open up opportunities for profit as well.


Title: Re: Bankroll management discussion
Post by: harizen on June 07, 2023, 11:42:59 PM
Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

Betting a random amount is a suicide bet to me. Why add other risks over risks?

We are already depending on our luck, therefore, make a way to somehow be responsible for our bankroll. Depending on my bankroll on that specific session, I followed my own betting amount strategy then there's a certain tier before I will consider placing a much higher bet.

Others will surely say, we are just gambling for fun, therefore no need for any bankroll management or something. That's a crap thing for me and maybe they are just casual gamblers. It's more fun if we manage properly our bankroll and in the end, are able to secure good profits without being aggressive for more. On the other hand, if bad luck happened, then just stop and come back next time for another session, for our bankroll not to suffer from too many loses.


Title: Re: Bankroll management discussion
Post by: serjent05 on June 07, 2023, 11:44:36 PM
I don't follow bankroll management because once I deposit a fund to the casino, it is either a win or lose for me. I continuously play regardless of the amount of bet as long as I have funds in my bankroll and had not met my winning threshold.  Just a 50% winnings is enough for me to stop and withdraw. Besides, I never been aggressive in wagering like increasing my bets whenever I suffer losses to recuperate the losses.



Title: Re: Bankroll management discussion
Post by: goinmerry on June 07, 2023, 11:46:51 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

I partially agree with what you called aggressive gambling where you are increasing your bet by 4% to 5% of your bankroll. I called that just a standard approach of most gamblers and not being aggressive since we only want to make some changes while playing for a long.

It depends on the situation. Sometimes when we are already in profit while betting only the minimum amount or using only 1% to 3%, we like to go advance and try our luck on a much higher bet amount. Who knows right? There are people who have the patience to keep only using the low amount to bet even if they are winning but most gamblers try to do advanced.

The results though obviously vary with each other. There are fortunate on betting a much higher amount and there are unfortunate who loses all their bankroll.


Title: Re: Bankroll management discussion
Post by: Wexnident on June 08, 2023, 12:18:20 AM
Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
Random. I can have instances where I use really slow amounts cause I wanted to gamble for quite some time, at times I just yolo and dish out my entire bankroll in one single bet after entering crash. Thinking about how much I bet before I even do seems kind of counter productive with enjoying the game. Not much enjoyment there tbh.

As for deposits, it's usually a set amount. If I leave extra lying around there, I just fill it up to the usual amount I deposit. I rarely withdraw my money from casinos.


Title: Re: Bankroll management discussion
Post by: wheelz1200 on June 08, 2023, 12:26:59 AM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

For me it's all about feel and what I'm looking for that night.  If I'm in an action mood I bet way over 5% of the roll.  Especially if I'm only betting one or 2 games that night.  I'm not disciplined enough to not chase sports bets lol.  Anything under 5% to me is conservative that doesn't register as aggressive to me.  If I had to guess average at any given time I hit 10-40% of the current bankroll on my bets.


Title: Re: Bankroll management discussion
Post by: komisariatku on June 08, 2023, 12:37:47 AM
What percentage of your bankroll are using as your bet size.......

If the bankroll that I allocate to play gambling is 15% of my monthly income. If the bankroll runs out, then stop and play in the next month. I think the most important thing is to be consistent with bankroll limits. I used to spend all my income in a day, it was so bad. from now on i control it by bankroll limit

I play with random bets. If I'm in a good mood and good hockey I'll up the bet. if you start to get carried away by your ego while playing, you better stop before your money is gone

So, adjust your bankroll to your monthly needs. If you don't have a lot of monthly needs, maybe allocating a bankroll of up to 40% of your monthly income is fine.. lol... No, no, that's a joke. I think 25% monthly income for a bankroll is too much… Don't forget to always be guided by game responsibility
 




Title: Re: Bankroll management discussion
Post by: Nrcewker on June 08, 2023, 12:57:47 AM
Managing the bet size plays an important role to withstand your bankroll, if you are in automode and the risk management is not good, then definitely after few bets, there are huge chances that you will get bankrupt. I don’t decide a certain percentage of bankroll to bet, rather I see the profit that I am desiring for and accordingly set the bet amount. I do not greed and always set a target for the profit, once I reach that amount, I try to withdraw my base bankroll and play with the profits.


Title: Re: Bankroll management discussion
Post by: btc_angela on June 08, 2023, 02:28:31 AM
I don't know if I have followed a bankroll management throughout my gambling activity for many years. I mean I don't want to complicate things, if I have the money, if it is big then I might go higher with my bet, perhaps as high as 10%. But if my budget is so small, then I will just try to squeeze on that capital of mind and see how far I can stretch it to have some winnings in the end.

Maybe for whales, doesn't matter for them, but for average joe, everyone might be operating within our capital but it doesn't be like you really put certain percentage on every bet of ours. Just bet on what we think is good and everything will be alright, win or lose.


Title: Re: Bankroll management discussion
Post by: GigaBit on June 08, 2023, 03:11:26 AM
Whatever I decided as excess amount for the week or month that I can use for gaming or gambling is what I deposit. No fixed amount.
I keep a part of my salary in gambling budget every month. I win or lose there but it's almost a fixed budget for me. I don't deposit when I enough balance. I keep a maximum of 5 percent of my salary. I failed to maintain 5 percent in the beginning of gambling but was able to bring it under control as I gained knowledge and experience. If someone is not addicted then he must be able to maintain his bankroll in gambling to some extent. However, gambling bankroll management is not possible for everyone. I have seen some of my friends who can't do any kind of money management in gambling even if they try.


Title: Re: Bankroll management discussion
Post by: Don Pedro Dinero on June 08, 2023, 03:13:50 AM
What percentage of your bankroll are using as your bet size.

Nowadays I don't use bankroll management, although in the past I did. For me nowadays it's pure entertainment and although I don't gamble everything I deposit in a roll, I can't tell you exactly what percentage I play. Although playing slots, for example, which is what I have been playing the most lately, I play with the lowest stakes available, as I say I prefer to be entertained, and that what I have lasts longer.

For me it makes more sense to bankroll for sports betting or poker because you can consistently make a profit if you are good, but bankroll management in the casino is simply to make the money you are going to lose last longer.


Title: Re: Bankroll management discussion
Post by: Plaguedeath on June 08, 2023, 04:50:59 AM
Bankroll management is only for newbie who's want to enter gambling, that's why they need to gamble with limitation of 1%-5% of their total funds because no one can accept losses. If someone want to gamble 50% of their total funds as long as he can control himself, can still eat and pay anything of his family needs, it's fine. The point is no one should gamble with loan money, they should only gamble with all money that he have.


Title: Re: Bankroll management discussion
Post by: TheUltraElite on June 08, 2023, 05:44:53 AM
1% of the bakroll to be safe. But this only works if you have self-control and are gambling in moderation. Risk management and bankroll management are important things in gambling and most gamblers don't know to manage their risk, they go with high risk games because it's fun and end up putting more money crossing the bankroll limits they have set.

Being a pro gambler like a pro poker player, one can learn about these things, but speaking for most addicted gamblers, these concepts don't make sense. Casinos want you to spend your money so they make it easier with quick deposits/ zero-confirm deposits and so on.


Title: Re: Bankroll management discussion
Post by: ethereumhunter on June 08, 2023, 05:46:37 AM
I use random amounts to bet so when I want to bet, the amount will be different but I always stick to the limits that I can afford so I don't lose too much money. I also don't know how to use the percentage model for betting because maybe it's more complicated for me. When I deposit some money, I know it's money I can afford but I don't try to spend all the money because it's a waste. I should gamble moderately and not cross the line than spend all that deposit money right away.


Title: Re: Bankroll management discussion
Post by: slapper on June 08, 2023, 07:58:57 AM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

I partially agree with what you called aggressive gambling where you are increasing your bet by 4% to 5% of your bankroll. I called that just a standard approach of most gamblers and not being aggressive since we only want to make some changes while playing for a long.

It depends on the situation. Sometimes when we are already in profit while betting only the minimum amount or using only 1% to 3%, we like to go advance and try our luck on a much higher bet amount. Who knows right? There are people who have the patience to keep only using the low amount to bet even if they are winning but most gamblers try to do advanced.

The results though obviously vary with each other. There are fortunate on betting a much higher amount and there are unfortunate who loses all their bankroll.
A shrewd technique when dabbling in a gambling game is to use the size of your stake as a percentage of your winnings. But let's be honest: putting an end to the "eh" moments isn't the whole story. Strategy and forethought are just as important as patience in this game.

Although placing a bet of 4% to 5% of your total wealth may seem like the prudent thing to do, it is actually a "balls-to-the-wall" strategy that will quickly empty your bank account. Every once in a while, luck will be on your side, but remember that "the house never takes an L."

One of your greatest advantages? Change your strategy up depends on the situation and how you're doing. When you're winning and feeling confident, it's acceptable to up the ante. The real challenge, though, is keeping your momentum steady despite the rush of victory. Gambling is all about balancing the two extremes of these two potential outcomes. Therefore, relax,


Title: Re: Bankroll management discussion
Post by: Bitinity on June 08, 2023, 08:16:36 AM
Are using a fixed percentage on your bets or you are just betting random amount?

I use both fixed and random percentage depending on how much my bankroll also depending on what games I want to play and what is the main purpose. When I play slot, I usually use random percentage based on my feeling. Sometime I can bet low percentage in the beginning but in some other time I may use bigger percentage. If my main purpose is to hunt for wager statistic or when I participate in competition, I use fixed percentage.

Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

It is hard to answer imo because it might be changed in the process. Even if I have set a stop loss or target profit before start as well set the budget, but I may change it in the process.


Title: Re: Bankroll management discussion
Post by: Doan9269 on June 08, 2023, 08:45:10 AM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

We all have different sources of financial income and how often we also receives this income on a regular basis, as long as it's not more than 5% of your entire fund you can gamble with it, also just as you've stayed in your own case that one may have enough time to engaged being online and gambling for quite a longer period, there's also a need for moderacy whereby you can reduce the amount of stake used on each betting made in other to have increased numbers of attempts in it.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

Some gamblers are just a random users that majorly base their gambling experience on what they received per day, which means the more they earn the more the likely chance of them gambling, some may use the entire money, others may use half of it and this could appear on any form to the gambler involved as long as they are not fix on a regular income source, the more they received the more they gamblew.


Title: Re: Bankroll management discussion
Post by: bitbollo on June 08, 2023, 09:03:43 AM
If I consider the whole amount deposited in one year, I think for each bet I use between 2-5%.
Why? Because I play only SINGLE event, most often with "low odds" (around 1.05 - 1.99).

But this is not a general rule (at least for me).
Sometimes in some "special" chances I have also spent in a single bet even 10-25% of the yearly amount that I play!
(it's not a mistake but I will not suggest to anyone an approach so aggressive....)


Title: Re: Bankroll management discussion
Post by: Doan9269 on June 08, 2023, 09:22:10 AM
I mostly bet on a fixed percentage, but there are times when i'll break that rule and go for bigger bets. It also depends on the game i'm playing because on slots, I usually bet on the smallest amount you can place per spin because they're much faster, while on the live table games, I go for slightly aggressive bets that are around 5% or even higher as each round lasts one or two minutes long. I don't always withdraw my balance whenever i'm in profit because i'll have moments when I still want to play the next day.

Since the casino does not have a particular requirements for your bankroll then we must always ensure to deposit the amount we can afford to loose on our gambling casino wallet, we can also take consideration in reducing the rate in which we often gambles online to serve as control measures against uncontrollable means of engaging more bankrolls on gambling purpose, Everything lies with the gambler's decision


Title: Re: Bankroll management discussion
Post by: rhomelmabini on June 08, 2023, 09:39:46 AM
Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I don't bet on fixed percentage because somehow what came into my mind is that if I will ever feel lucky the next bet I double or random to bet a huge amount. Always deposit and withdraw randomly and no fixed amount, I think it reminds me of using a bot on trading but gambling isn't like that.


Title: Re: Bankroll management discussion
Post by: Wapfika on June 08, 2023, 10:13:12 AM
Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I don't bet on fixed percentage because somehow what came into my mind is that if I will ever feel lucky the next bet I double or random to bet a huge amount. Always deposit and withdraw randomly and no fixed amount, I think it reminds me of using a bot on trading but gambling isn't like that.

I’m doing this too and probably most of gamblers is betting like this since it’s very rare for a gambler to become patient and consistent on betting because of gambling adrenaline rush. I think this the reason too why we always lose putting aside the house edge. We are always relying that we will be lucky on our next bet that’s why we increase our bets until it destroy our temper if we lose on our increased bets.

I experienced this many times and the result is very awful once my increase bet keep losing until I all-in even though I still have my 50% of my original bankroll.


Title: Re: Bankroll management discussion
Post by: Kelvinid on June 08, 2023, 11:03:52 AM
At most, 5%, but it's not just about the percentage we wager per bet. It's crucial to start with a substantial bankroll to properly engage in our betting activities. Simply adhering to a specific percentage is meaningless if our overall bankroll doesn't motivate us. For instance, if you have a $50 bankroll, would it be exciting for you to bet $2.5 per action?


Title: Re: Bankroll management discussion
Post by: kryptqnick on June 08, 2023, 11:07:38 AM
I think the answer depends on the activity. If it's slots, which means making a lot of rolls over a small period of time, I use around 2%, I believe. But if it's betting on sports, which to me usually means placing a couple of bets, I use around 4%. But that's just something I'm currently analysing post factum, not something I calculate when I bet.
I don't consider it aggressive because I don't do it often, and if I keep losing several times in a row and see the bankroll getting significantly lower, I make smaller bets. I think people do whatever works for them because gambling behaviour can differ a lot, and the important thing is to ensure one doesn't bet what one cannot afford to lose.


Title: Re: Bankroll management discussion
Post by: len01 on June 08, 2023, 12:30:35 PM
-snip

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
to be honest, there are no percentages in every betting session that I do and everything is random according to the budget that I have. the main reason I do this is because every bet I make is just for fun and if one day I get a big win I will withdraw 50% - 70% of the remaining funds for fun.
betting at gambling using a certain percentage will only torment myself not being able to enjoy every betting session that I use to entertain myself.


Title: Re: Bankroll management discussion
Post by: yahoo62278 on June 08, 2023, 12:36:33 PM
I've only ever heard the term bankroll management when reading poker articles. Never really seen anyone apply it to casino gambling. In poker you need 100 buyins at the level you are thinking about playing to sit. So, in order to sit at a tourney that has a buyin of $1 you need $100 bankroll. This gives you 100 chances at that particular level.

If I walk into a casino with $500 then I intend to play with that whole $500 or if I get a big win and make a couple hundred i'll be happy and leave a winner. I'm not going to have a $5 limit when going to a casino. Better to not go with that amount as you'll not have any fun.



Title: Re: Bankroll management discussion
Post by: tokeweed on June 08, 2023, 01:12:46 PM
Unfortunately, I don't use percentages when playing gambling. If I deposit $30, I won't spend it all at once but will only bet $10 for a while, and whatever the outcome, I'll quit right away. I rarely spend a single deposit to play gambling because I will leave some balance so I can use it to play gambling another day. But sometimes, I gamble over $10 because I know I still have more balance in my betting account, so I'm okay if I somehow lose more than $10.

That's good for hobby players like most of us in the gambling section.  But if somebody wants to make a living or a side hustle out of something like poker then good bankroll management is a must.  I can't speak for anything else but in poker it's always a good idea to have 20 buy ins for the stake you play.  And that's for keeping it simple by playing TAG.  If you want to play a little looser, be more aggressive and fight for more pots then I'd say go for at least 30 buy ins.

And that's just for NLHE...  For PLO it goes higher.  For short deck another notch higher as the edges get closer and the variance go higher.


Title: Re: Bankroll management discussion
Post by: Rruchi man on June 08, 2023, 01:20:10 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.
I gamble, but not so much as other people, so the ideal bankroll bet size is okay for me.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I do not gamble a lot, so my gambling habit is very under check. A fixed percentage is what I use for my bets, random amounts will make me spend more than I can account for. I deposit my total bankroll, to gamble with a percent of my total bankroll when I gamble. If I increase what I gamble with at one time, I reduce the number of times I gamble in that month.



Title: Re: Bankroll management discussion
Post by: maydna on June 08, 2023, 02:41:45 PM
Unfortunately, I don't use percentages when playing gambling. If I deposit $30, I won't spend it all at once but will only bet $10 for a while, and whatever the outcome, I'll quit right away. I rarely spend a single deposit to play gambling because I will leave some balance so I can use it to play gambling another day. But sometimes, I gamble over $10 because I know I still have more balance in my betting account, so I'm okay if I somehow lose more than $10.

That's good for hobby players like most of us in the gambling section.  But if somebody wants to make a living or a side hustle out of something like poker then good bankroll management is a must.  I can't speak for anything else but in poker it's always a good idea to have 20 buy ins for the stake you play.  And that's for keeping it simple by playing TAG.  If you want to play a little looser, be more aggressive and fight for more pots then I'd say go for at least 30 buy ins.

And that's just for NLHE...  For PLO it goes higher.  For short deck another notch higher as the edges get closer and the variance go higher.
I can't imagine if someone wants to make a living from gambling as a poker player because that person must have very high poker playing skills to beat opponents. And he must also have greater capital to advance to the next round.

That's why it's better not to use a lot of money to gamble and try to finish the game before the money runs out. We don't know when we will win, but defeat can come at any time, so we have to be able to manage when we have to stop.


Title: Re: Bankroll management discussion
Post by: YOSHIE on June 08, 2023, 03:10:31 PM
What percentage of your bankroll are using as your bet size.
Bankroll bets or the strategies used in managing bankroll betting management, as far as I know, are different, depending on or based on their respective experiences.

My betting experience and the method that I often use and it's proven to be effective for me personally.
For example:
* I make the smallest bankroll in every bet I want to place, meaning: less than 5% of the total bankroll offered, that's the strategy I often do, for example 1-3% and so on, essentially less than 5%.
* Before I place a bet, of course I first research the game I want to bet on/chance to win, meaning: don't choose a random game.
* And finally, evaluate bets and always look at the bankroll. That way I can always be vigilant when placing bets, meaning: don't exceed the limit.

Note: I don't know the strategy anyone else is using. that's my experience.


Title: Re: Bankroll management discussion
Post by: Findingnemo on June 08, 2023, 03:35:28 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
Keeping the bet amount lower as much as possible is good for you because it gives chances to bet more in times while going with higher can drain your balance quickly or give you more rewards so it depends on what you are ready to risk. As an occasional gambler I just use the random amount to bet and will increase or decrease depends on my winning ratio, sometimes I try all in and got busted. :D


Title: Re: Bankroll management discussion
Post by: carlisle1 on June 08, 2023, 03:49:35 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
Keeping the bet amount lower as much as possible is good for you because it gives chances to bet more in times while going with higher can drain your balance quickly or give you more rewards so it depends on what you are ready to risk. As an occasional gambler I just use the random amount to bet and will increase or decrease depends on my winning ratio, sometimes I try all in and got busted. :D

Indeed, if you want to extend your stay, I mean, if you want to play with a much longer time frame, it's better to lower your bet and keep it going.

It's how you manage and control your emotions most of the time. There are instances where you will bet bigger than the usual thinking that the chance is
bigger than the last time you tried.

In terms of deposit amount, also using random deposit and see if some luck will help to win some then withdraw or let it go if I lose my deposit.


Title: Re: Bankroll management discussion
Post by: rahmad2nd on June 08, 2023, 09:25:16 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

Interesting, actually I don't really think much about what percentage of money I use as my bet size. but I have two habits, you could say two rules and it all depends on my mood. but anyway, i have max limit. for slot games, I only budget with a small bankroll. no exception, for other types of casino games. different when playing live casino games, such as Baccarat for example, roulette, or others. however, it's all purpose is just for fun. which means, the bankroll will be very limited.

However, it is inversely proportional to sports betting. if there are crucial matches, I can use a big bankroll. for example, like yesterday's FA Cup final between City vs United. ideally, I can bet big enough according to my belief in the gamble. if it's just casual competition, I limit the stakes. can be single or multibet betting options, again, depending on mood.
Which in essence, I don't really focus on the percentage of money I use to bet. most importantly, the money I use is money that is ready to be lost, without having to interfere with the money that should be my obligation to support my wife and family. the important point is, I have rules that I can't break, I can't harm other people, relatives, friends, wife, or family. that way, even if I lose in a betting session I don't need to blame anyone and be responsible for myself.


Title: Re: Bankroll management discussion
Post by: Casdinyard on June 08, 2023, 09:36:05 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I only ever gamble 1% of my bankroll for ever bet, low risk and all that, but the main reason why I really go for low risk betting strategies is because I wanna prolong my bankroll for that particular session. I'm no longer an daily gambler, and only ever really gamble when the situation allows for it, so whenever it does open the opportunities for gambling, I make sure I savor every moment by playing as slow and steady as possible. Plus in theory, the more you play the more you win right? So with that logic at play, it could be safely said that I have more chances of winning my bets than someone who gambles aggressively, although I don't really know how we can put that in practice. Anyhow, that's my take. I gamble, but I make sure it's at extreme moderation.


Title: Re: Bankroll management discussion
Post by: Cling18 on June 08, 2023, 09:40:15 PM
I don't utilize a certain amount when I gamble. Everything depends on how my gameplay goes, but I try to maintain enough self-control to regulate and manage my bankroll well. But if I will estimate it, I think it only goes between 1-2% or at least 5% or my monthly salary though I only gamble when I want and not regularly and as much as possible, I only gamble with minimal amount to avoid excessive gambling.
We all know how compulsive gambling will affect our finances so we should always have self discipline when it comes to spending. There are gamblers who continuously gambling as long as they have funds and will stop when they are losing their bankroll and that's what we should avoid.


Title: Re: Bankroll management discussion
Post by: alegotardo on June 08, 2023, 09:43:43 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

There was a time when I believed in "strategies" of the martingale type, where it was possible to win constantly but little by little and for that I needed to make low bets so as not to be "eliminated" too quickly, but soon I understood that this was just a way to die more slowly.

In fact, it is very tedious to place low-risk bets and when you win, realize that you have received almost nothing.
My bets are always aggressive, and without worrying that I might lose money quickly, as I always go into games thinking I've already lost.
The advantage is that when you win, the victory is really worth it, and that's quite rewarding.

I've never had a conservative bet, but you can't confuse a risky bet with an inconsequential bet. I was always very aware of the values I bet and I never bet more than I should.

Losing (most of the time) and winning (the few times) I can sum up that I am very happy with my bets.


Title: Re: Bankroll management discussion
Post by: TimeTeller on June 08, 2023, 09:46:15 PM
I don't utilize a certain amount when I gamble. Everything depends on how my gameplay goes, but I try to maintain enough self-control to regulate and manage my bankroll well. But if I will estimate it, I think it only goes between 1-2% or at least 5% or my monthly salary though I only gamble when I want and not regularly and as much as possible, I only gamble with minimal amount to avoid excessive gambling.
We all know how compulsive gambling will affect our finances so we should always have self discipline when it comes to spending. There are gamblers who continuously gambling as long as they have funds and will stop when they are losing their bankroll and that's what we should avoid.

I can say also that I am allotting small amount in my gambling activities.
But when it comes to management of my bankroll, I am allocating higher percentage when it comes to sportsbetting.
For luck-based games like hi-lo, crash or dice, I only use like 1-2% so I can play longer.
As much as possible, I have my limits in gambling. Though sometimes it goes beyond a lil bit, but I always make sure I don't go overboard with my spending.


Title: Re: Bankroll management discussion
Post by: stomachgrowls on June 08, 2023, 10:34:20 PM
I don't utilize a certain amount when I gamble. Everything depends on how my gameplay goes, but I try to maintain enough self-control to regulate and manage my bankroll well. But if I will estimate it, I think it only goes between 1-2% or at least 5% or my monthly salary though I only gamble when I want and not regularly and as much as possible, I only gamble with minimal amount to avoid excessive gambling.
We all know how compulsive gambling will affect our finances so we should always have self discipline when it comes to spending. There are gamblers who continuously gambling as long as they have funds and will stop when they are losing their bankroll and that's what we should avoid.

I can say also that I am allotting small amount in my gambling activities.
But when it comes to management of my bankroll, I am allocating higher percentage when it comes to sportsbetting.
For luck-based games like hi-lo, crash or dice, I only use like 1-2% so I can play longer.
As much as possible, I have my limits in gambling. Though sometimes it goes beyond a lil bit, but I always make sure I don't go overboard with my spending.
Would really be that situational basing up on what type or kind of game you are really that been dealing with on which using up 1-2% in luck based games would really make longer sessions which it would be unlikely when

you do make out bets on sports betting or playing poker games on which those percentages would really be more because it isnt something that way too risky comparing into casino games which it would really be normal on having this kind of approach. Bankroll management is really that suggestable to have because you would be able to enjoy up your gambling session or time further more because you dont really
make out such kind of all in thing when you do gamble.

You would eventually be able to find out for yourself on what kind of spending or style would fit you in. Its up to yours whether you would be liking for it to be that longer session or
would really be that impulsive on going all in specially when playing up some luck based games.


Title: Re: Bankroll management discussion
Post by: Dave1 on June 08, 2023, 11:48:14 PM

If I walk into a casino with $500 then I intend to play with that whole $500 or if I get a big win and make a couple hundred i'll be happy and leave a winner. I'm not going to have a $5 limit when going to a casino. Better to not go with that amount as you'll not have any fun.


Yes, and most likely if depends on how you feel as well, as you have said, if you want to have some fun then don't limit yourself. Play with what you can afford to lose and then just have some fun.

Poker though is very difficult,  perhaps you need to manage your bank roll in the beginning and just be on the safe side and not risk early so that you can stay in the game for so long and who knows, maybe you will be the one last man standing and win the tournament.


Title: Re: Bankroll management discussion
Post by: dothebeats on June 08, 2023, 11:51:41 PM
When it comes to luck-based games, I don't really allot a certain percentage of my bankroll and just wing it. Besides, do I really need to be conservative with $20 if I'm just looking to have fun? Though when it comes to sports betting, if I have a $100, I'll make sure to make it last for 5 games and possibly win some games from those 5 games. That's as basic as it can get for me when it comes to bankroll management in gambling as a non-hardcore gambler who's just looking to have fun and some additional beer money.


Title: Re: Bankroll management discussion
Post by: Kelvinid on June 09, 2023, 02:10:29 AM
When it comes to luck-based games, I don't really allot a certain percentage of my bankroll and just wing it. Besides, do I really need to be conservative with $20 if I'm just looking to have fun? Though when it comes to sports betting, if I have a $100, I'll make sure to make it last for 5 games and possibly win some games from those 5 games. That's as basic as it can get for me when it comes to bankroll management in gambling as a non-hardcore gambler who's just looking to have fun and some additional beer money.
When it comes to luck-based games, the best strategy is to aim for big wins while smartly managing a small capital. That way, if you lose, the impact won't be significant. It's all about risk management. We all know that in luck-based games, our chances of winning are very low, especially in the long run. Therefore, our only hope of winning lies in pure luck. So, if we are exceptionally lucky, that's the time to seize the opportunity and cash out. Once we achieve a big win, it's crucial to know when to stop and avoid being overly greedy.

On the other hand, when it comes to skill-based games, a more thorough approach and proper bankroll management are required. In these games, we believe we can win consistently in the long run. It's a gradual process of steady progress and improvement.


Title: Re: Bankroll management discussion
Post by: SirLancelot on June 09, 2023, 02:16:24 AM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I wouldn't consider 3% of the bankroll as the base bet to be low-risk gambling since if your bankroll is $100, your base bet will be $3 which is pretty high in my opinion unless the person doesn't play slots and only plays games which have only 2 outcomes where one can use martingale to recover lost bets in which case, even a small loss streak can take away your bankroll in no time at all.

I personally prefer using the smallest bet possible when I'm playing slots because that would allow me to have as many spins as possible since which will increase my chances of maybe hitting a big multiplier because it sometimes takes time.


Title: Re: Bankroll management discussion
Post by: Hypnosis00 on June 09, 2023, 02:51:13 AM
I personally prefer using the smallest bet possible when I'm playing slots because that would allow me to have as many spins as possible since which will increase my chances of maybe hitting a big multiplier because it sometimes takes time.

What you're getting here is that if you stay longer in the game, you'll have more fun. However, if we base it on the real chances of winning, since slots have a house edge, that means the longer you gamble, the lower your chance of winning will become. It's pretty opposite to your expectation, though.


Title: Re: Bankroll management discussion
Post by: ethereumhunter on June 09, 2023, 09:06:06 AM
I personally prefer using the smallest bet possible when I'm playing slots because that would allow me to have as many spins as possible since which will increase my chances of maybe hitting a big multiplier because it sometimes takes time.

What you're getting here is that if you stay longer in the game, you'll have more fun. However, if we base it on the real chances of winning, since slots have a house edge, that means the longer you gamble, the lower your chance of winning will become. It's pretty opposite to your expectation, though.
We must remember that having fun gambling doesn't have to be for a long time because we need to limit the use of money for gambling. If we use a small amount of money in gambling for a long time, I think it can increase the money lost. And when you play slots, you can experience increased emotions, especially when you can't win even once. That will certainly make you curious and might also increase the bet amount. And when you increase the amount of the bet, the amount you lose can also increase, eventually making you lose a lot of money.


Title: Re: Bankroll management discussion
Post by: piebeyb on June 09, 2023, 09:32:34 AM
I personally prefer using the smallest bet possible when I'm playing slots because that would allow me to have as many spins as possible since which will increase my chances of maybe hitting a big multiplier because it sometimes takes time.

What you're getting here is that if you stay longer in the game, you'll have more fun. However, if we base it on the real chances of winning, since slots have a house edge, that means the longer you gamble, the lower your chance of winning will become. It's pretty opposite to your expectation, though.
We must remember that having fun gambling doesn't have to be for a long time because we need to limit the use of money for gambling. If we use a small amount of money in gambling for a long time, I think it can increase the money lost. And when you play slots, you can experience increased emotions, especially when you can't win even once. That will certainly make you curious and might also increase the bet amount. And when you increase the amount of the bet, the amount you lose can also increase, eventually making you lose a lot of money.
Usually gamblers who only gamble for fun always limit their gambling so even though it sometimes takes a long time it won't make them spend their expenses, obviously they will stop usually when they reach their gambling spending limit, usually there is a certain deposit then when the money runs out even though betting small will not make curious.

I'm a person who often gambles with small stakes and it doesn't cost much money to lose either but indeed sometimes I often get emotional when I feel bored or have reached the point of pleasure, so I play seriously and risk all the money taking the opportunity when my money runs out at that time I had to stop because I had reached my daily spending limit in gambling.


Title: Re: Bankroll management discussion
Post by: Beparanf on June 09, 2023, 09:43:15 AM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
1% or 5% are just values, but the bet size will depend on your gaming budget. With a good deposit, 1% can be significantly higher than the minimum rate.

The percentage is actually your bet size. It’s a proportion to your bankroll. Why will someone deposit huge amount of money while they don’t to bet in proportion to their bankroll? You can always play with small bankroll instead of huge bankroll if you don’t want to bet significant amount.

Also those significant amount for you doesn’t mean it’s the same for player with huge bankroll. They are whale because they are betting huge amount because they have huge bankroll.

Your game budget is determined by you, but you do not have to make the entire budget for a game deposit, you can only make a certain part of it, especially if your game budget is significant. If you are consistent and do not exceed the predetermined values, then this will help you avoid losing your game deposit, and over a long distance you will be able to understand how successful you are as a gambler.

Read again the purpose of this thread. This is why percentage of your bankroll is being use to calculate bet size. A 1% of 100$ is different to 1% of 1000$. You are just running in to circle here because the one you are talking is exactly this bankroll management.


Title: Re: Bankroll management discussion
Post by: MinMan on June 09, 2023, 09:53:50 AM
I've only ever heard the term bankroll management when reading poker articles. Never really seen anyone apply it to casino gambling. In poker you need 100 buyins at the level you are thinking about playing to sit. So, in order to sit at a tourney that has a buyin of $1 you need $100 bankroll. This gives you 100 chances at that particular level.

If I walk into a casino with $500 then I intend to play with that whole $500 or if I get a big win and make a couple hundred i'll be happy and leave a winner. I'm not going to have a $5 limit when going to a casino. Better to not go with that amount as you'll not have any fun.
Poker is like trading because skills are also involved here and just like in trading, poker players are also careful on handling their bankroll. It ensures them to sit longer in the table and win more money or possibly turn the tides if they are on a critical situation.

I'm not in to poker, and I never visit poker sites or threads but there are several posts I see about bankroll management. Those posters are not only talking about the poker but it was gambling in general although the reason can still be the same as the poker players. A 5 dollar bankroll can be enough already for a small player but you can find it too small because maybe you are earning a lot? But I like your playstyle. you're not greedy to look for more wins.


Title: Re: Bankroll management discussion
Post by: len01 on June 09, 2023, 10:06:43 AM
I personally prefer using the smallest bet possible when I'm playing slots because that would allow me to have as many spins as possible since which will increase my chances of maybe hitting a big multiplier because it sometimes takes time.

What you're getting here is that if you stay longer in the game, you'll have more fun. However, if we base it on the real chances of winning, since slots have a house edge, that means the longer you gamble, the lower your chance of winning will become. It's pretty opposite to your expectation, though.
simply put the longer it lasts the house will win.

If you really want to bet a low minimum bet, isn't it better to choose not to play slots for too long? I mean if you use a small bankroll and want to last longer in slot games it's the same as just wasting your bankroll unless you're just for fun when your bankroll starts to decrease by half of the total amount it would be better to stop for a while and continue the next day to still be able having fun.


Title: Re: Bankroll management discussion
Post by: FatFork on June 09, 2023, 10:14:26 AM
When it comes to my bets, I don't stick to a fixed percentage. I like to keep things flexible. It all depends on the specific bet, and how confident I'm feeling. If I'm really sure about a match, I might go for a higher stake. Now, when it comes to managing my bankroll, I don't throw all my money into the pot at once. I'll usually only deposit an amount that I'm comfortable with risking. I mean, who wants to put it all on the line, right? That's just asking for trouble. I do agree that playing with minimum stakes or a low percentage of your bankroll can be a bit boring. But I think we should all try to find a balance between enjoying the game and managing the risks in our own way.


Title: Re: Bankroll management discussion
Post by: arwin100 on June 09, 2023, 10:19:14 AM
I personally prefer using the smallest bet possible when I'm playing slots because that would allow me to have as many spins as possible since which will increase my chances of maybe hitting a big multiplier because it sometimes takes time.

What you're getting here is that if you stay longer in the game, you'll have more fun. However, if we base it on the real chances of winning, since slots have a house edge, that means the longer you gamble, the lower your chance of winning will become. It's pretty opposite to your expectation, though.
simply put the longer it lasts the house will win.

If you really want to bet a low minimum bet, isn't it better to choose not to play slots for too long? I mean if you use a small bankroll and want to last longer in slot games it's the same as just wasting your bankroll unless you're just for fun when your bankroll starts to decrease by half of the total amount it would be better to stop for a while and continue the next day to still be able having fun.

Minimum bets is just used by people who just want to have fun playing. And they don't care to lose their capital since their main intention is to make their game last longer. i do this sometimes especially if my budget is tight and still want to gamble. But if you get bored with this since not everyone have same preference then its also better to set some target bets and also know when to stop so that it will not create big damage if you are in unlucky state.


Title: Re: Bankroll management discussion
Post by: Doan9269 on June 09, 2023, 10:29:31 AM
I personally prefer using the smallest bet possible when I'm playing slots because that would allow me to have as many spins as possible since which will increase my chances of maybe hitting a big multiplier because it sometimes takes time.

What you're getting here is that if you stay longer in the game, you'll have more fun. However, if we base it on the real chances of winning, since slots have a house edge, that means the longer you gamble, the lower your chance of winning will become. It's pretty opposite to your expectation, though.
simply put the longer it lasts the house will win.

If you really want to bet a low minimum bet, isn't it better to choose not to play slots for too long? I mean if you use a small bankroll and want to last longer in slot games it's the same as just wasting your bankroll unless you're just for fun when your bankroll starts to decrease by half of the total amount it would be better to stop for a while and continue the next day to still be able having fun.

There's no how you will have enough bankroll in your casino wallet and not spend more time gambling and the more the time the more the money you spend gambling, while best decision here for you is to tume yourself such that the moment your bankroll has been exhausted then that ends the whole show for the day, but as long as you keep having enough, it may be difficult for you to put a stop because it will be fun to you while before you realized you have gone far in spending.


Title: Re: Bankroll management discussion
Post by: Blitzboy on June 09, 2023, 11:54:04 AM
Interesting perspective, however, I'd argue that the percentage of the bankroll used for bets should not be rigidly fixed. Factors such as risk tolerance, knowledge of the game, and personal financial situation can all influence this decision.

When it comes to depositing and withdrawing, I'd advocate for responsible gambling practices. This could mean only depositing the exact amount intended for gambling, to ensure you're not tempted to exceed your budget. Discipline is key in any form of gambling and should not be underestimated.


Title: Re: Bankroll management discussion
Post by: tokeweed on June 09, 2023, 12:26:23 PM
Unfortunately, I don't use percentages when playing gambling. If I deposit $30, I won't spend it all at once but will only bet $10 for a while, and whatever the outcome, I'll quit right away. I rarely spend a single deposit to play gambling because I will leave some balance so I can use it to play gambling another day. But sometimes, I gamble over $10 because I know I still have more balance in my betting account, so I'm okay if I somehow lose more than $10.

That's good for hobby players like most of us in the gambling section.  But if somebody wants to make a living or a side hustle out of something like poker then good bankroll management is a must.  I can't speak for anything else but in poker it's always a good idea to have 20 buy ins for the stake you play.  And that's for keeping it simple by playing TAG.  If you want to play a little looser, be more aggressive and fight for more pots then I'd say go for at least 30 buy ins.

And that's just for NLHE...  For PLO it goes higher.  For short deck another notch higher as the edges get closer and the variance go higher.
I can't imagine if someone wants to make a living from gambling as a poker player because that person must have very high poker playing skills to beat opponents. And he must also have greater capital to advance to the next round.

That's why it's better not to use a lot of money to gamble and try to finish the game before the money runs out. We don't know when we will win, but defeat can come at any time, so we have to be able to manage when we have to stop.

It was easier to do during the poker boom, around 2003 - 2008.  That was a good window of making a lot of money from poker as close to more than 90% of the online players sucked.  One could go deposit 100 bucks to a poker site and grind their way up to high stakes online within a year if they worked hard enough on their game.  2009 and beyond was when it got a bit harder as poker training site become more popular.  Everybody started to play tighter and more aggressive.  

I see the same parallels with poker and in trading crypto.  There will come a time when the easy money won't be as easy anymore.  So make as much as you can now and save up.


Title: Re: Bankroll management discussion
Post by: tusandii on June 09, 2023, 12:45:49 PM
simply put the longer it lasts the house will win.

If you really want to bet a low minimum bet, isn't it better to choose not to play slots for too long? I mean if you use a small bankroll and want to last longer in slot games it's the same as just wasting your bankroll unless you're just for fun when your bankroll starts to decrease by half of the total amount it would be better to stop for a while and continue the next day to still be able having fun.
True, I agree with your opinion that the longer we play, the more money we will lose and in the end the house edge will be more profitable.

There are several types of slot games that have very low minimum bets so that with a small bankroll we can still play for a long time and get fun, especially if you choose a slot that has a very high RTP, the game can be even longer.
But everything depends on the gambler's goals, whether he wants to play with the desire to have fun or to get some profit.


Title: Re: Bankroll management discussion
Post by: Eureka_07 on June 09, 2023, 01:04:51 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I think it should be depending on what game you are betting. Personally, my bets from slots are usually less than 1% of my bankroll. Oh, if I purchased the bonus feature, that would mean that it is around 15% to 25% of my bankroll. So, mine is 1% to 20% which is from low risk to high risk. It really does depends on how you want to play. I don't actually compute for the percentage from my bankroll, rather I set how much I can bet depending on how much bankroll I have, but I only do it mostly if I am in the losing bets streak, hoping that the next reels will bring a bigger win.


Title: Re: Bankroll management discussion
Post by: Ziskinberg on June 09, 2023, 02:48:45 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I think it should be depending on what game you are betting. Personally, my bets from slots are usually less than 1% of my bankroll. Oh, if I purchased the bonus feature, that would mean that it is around 15% to 25% of my bankroll. So, mine is 1% to 20% which is from low risk to high risk. It really does depends on how you want to play. I don't actually compute for the percentage from my bankroll, rather I set how much I can bet depending on how much bankroll I have, but I only do it mostly if I am in the losing bets streak, hoping that the next reels will bring a bigger win.
I think OP was probably referring to sports betting because 1% to 5% is just a small amount of your total bankroll if you are playing slots. Also, in sports betting, your bankroll is not usually for a one-day gambling activity; it's for the long term. That's why some sports bettors have a decent bankroll for the entire season of a certain sport.


Title: Re: Bankroll management discussion
Post by: Finestream on June 09, 2023, 02:54:01 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

During the height of my addiction, let's say on the slots machine, I'll always do max bet whenever I can. So I don't look at the the percentage, as long as the money or the capital is good enough for me to run and bet on max, then I will do it until the money was swept under me, or I got lucky and win big and continue on my high roller style.

However now? nah, yeah maybe just 1%-3%, I'm no longer that attach or look for big wins, most of the time I just played slots with small bankroll and just to have some fun. And if the money is lost, then I'll just sleep over and try to play if I feel like to.
Just the same with mine too. I was very aggressive with gambling at first and just gamble with most of my salary. I do maximum betting because I always believe that you can’t go for big wins if you settle for small bets, that’s why I mostly bet with huge capital. Until I see myself losing a lot from gambling and even used up all my hard-earned money, that’s the time I start reducing my betting amount until I get used to it. Now, I just gamble whenever I have extra money, and whenever I have positive feeling that I’ll be lucky enough to win even just small amount. It’s a good thing actually that I consider gambling now as more of a pleasure than seeing it as a source of living.


Title: Re: Bankroll management discussion
Post by: goldkingcoiner on June 09, 2023, 06:40:08 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

I use 10% of my income, divide that by the number of days in the month and divide that number by the amount of times I would like to bet. For slots for example, it depends. Do I want to play 10 minutes of slots or one hour? Some days I might like to play longer other days not so much. So If I only want to play 1 minute for the day, I divide the daily gambling funds into 10 spins.

I self discipline myself by making sure I do not gamble more than the daily gambling funds. That way I will not go out of control when it comes to losing money.

But that is just my method, to each his/her own. ;D


Title: Re: Bankroll management discussion
Post by: klidex on June 09, 2023, 08:51:04 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

During the height of my addiction, let's say on the slots machine, I'll always do max bet whenever I can. So I don't look at the the percentage, as long as the money or the capital is good enough for me to run and bet on max, then I will do it until the money was swept under me, or I got lucky and win big and continue on my high roller style.

However now? nah, yeah maybe just 1%-3%, I'm no longer that attach or look for big wins, most of the time I just played slots with small bankroll and just to have some fun. And if the money is lost, then I'll just sleep over and try to play if I feel like to.
Just the same with mine too. I was very aggressive with gambling at first and just gamble with most of my salary. I do maximum betting because I always believe that you can’t go for big wins if you settle for small bets, that’s why I mostly bet with huge capital. Until I see myself losing a lot from gambling and even used up all my hard-earned money, that’s the time I start reducing my betting amount until I get used to it. Now, I just gamble whenever I have extra money, and whenever I have positive feeling that I’ll be lucky enough to win even just small amount. It’s a good thing actually that I consider gambling now as more of a pleasure than seeing it as a source of living.
Big wins only belong to those who are really capable of using large amounts of bets, that's very true.
I think it's greed or if not maybe the big amount for the rich is just a small amount.
But from all the experiences you have gone through, you will get a valuable lesson not to think too much about big wins, so you have to have a big bankroll to get them.
Always remember that gambling is not far from luck, the better for me.


Title: Re: Bankroll management discussion
Post by: QueenVera on June 09, 2023, 09:15:29 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I fall in the categories you've  mentioned above and shamefully I think  I'm a victim of all the examples you listed above.
I wouldn't dare to gamble even 15% of my bank roll, for what purposes will I be tempted to gamble with such huge amount of money and that's because I try as much as possible  to only gamble with money  i can afford to loss.
There are times and periods  that my gambling  will be very random and I just go ahead to gamble recklessly  and most times I also smile to the bank as well.

I wouldn't  advice anyone to use all of their bank roll just for gambling in an industry  you know that nothing is guaranty.


Title: Re: Bankroll management discussion
Post by: Fivestar4everMVP on June 09, 2023, 09:54:00 PM
Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
First, I think my mood has an important role to play when it comes to how I manage my bankroll while gambling, but then, the most i do frequently is that I am more of a random better, meaning I mostly bet random amount, it's all depends on how I feel about a turn, or what my instinct tells me to do.

And for the deposit, I usually make available an amount of money which I've decided to gamble with, then deposit that exact amount to the casino and do my gambling, I don't add any thing extra or subtract, this helps me keep track of my gambling activities - finance wise.


Title: Re: Bankroll management discussion
Post by: Fatunad on June 09, 2023, 10:18:42 PM
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

During the height of my addiction, let's say on the slots machine, I'll always do max bet whenever I can. So I don't look at the the percentage, as long as the money or the capital is good enough for me to run and bet on max, then I will do it until the money was swept under me, or I got lucky and win big and continue on my high roller style.

However now? nah, yeah maybe just 1%-3%, I'm no longer that attach or look for big wins, most of the time I just played slots with small bankroll and just to have some fun. And if the money is lost, then I'll just sleep over and try to play if I feel like to.
Just the same with mine too. I was very aggressive with gambling at first and just gamble with most of my salary. I do maximum betting because I always believe that you can’t go for big wins if you settle for small bets, that’s why I mostly bet with huge capital. Until I see myself losing a lot from gambling and even used up all my hard-earned money, that’s the time I start reducing my betting amount until I get used to it. Now, I just gamble whenever I have extra money, and whenever I have positive feeling that I’ll be lucky enough to win even just small amount. It’s a good thing actually that I consider gambling now as more of a pleasure than seeing it as a source of living.
Big wins only belong to those who are really capable of using large amounts of bets, that's very true.
I think it's greed or if not maybe the big amount for the rich is just a small amount.
But from all the experiences you have gone through, you will get a valuable lesson not to think too much about big wins, so you have to have a big bankroll to get them.
Always remember that gambling is not far from luck, the better for me.
Also into those people who do hit up the jackpots even with that mere or small amount then you would definitely be able to hit up those big amounts which every gambler do really wish for and its true that this one is the sole reason on why we do really make ourselves that greedy. Gamble for fun and not make yourself that way too desperate when it comes to hit some wins because if you do foresee yourself on this way then this would really be creating such desperation on which it would really be resulting into more losses because you would really be trying out to hit up those jackpots desperately.
Bankroll management is crucial when it comes to gambling on which you would be deciding if you wanted to prolong your gambling sessions or would really be just tending to end it on few bets
via doing those huge percentage per bet on your overall bankroll. Just remember though that you shouldnt really be spending up that much or into something that you cant really afford to lose.


Title: Re: Bankroll management discussion
Post by: darewaller on June 10, 2023, 08:39:24 AM
Minimum bets is just used by people who just want to have fun playing. And they don't care to lose their capital since their main intention is to make their game last longer. i do this sometimes especially if my budget is tight and still want to gamble. But if you get bored with this since not everyone have same preference then its also better to set some target bets and also know when to stop so that it will not create big damage if you are in unlucky state.
I think that's totally understandable approach to gambling though, as long as you are gambling that means you are not losing, because it means you are getting something back. Remember it is not just about the money, we don't do everything we do just for money, we pay people something and we get something back in return, you go to butcher and pay and get meat, you go to barber and pay to get a haircut, if you could prolong your gambling as long as you can that would make it like you pay the casino to gamble, think of it like that.

That's what bankroll management means, you should be getting more out of it then the money you put, this amount changes based on your wealth, but as long as you think you got what you wanted out of it, then the money you lost means nothing.


Title: Re: Bankroll management discussion
Post by: AicecreaME on June 10, 2023, 09:33:04 AM
Are using a fixed percentage on your bets or you are just betting random amount?
I don't really play much casino games but I usually go for fixed amount. I choose low risk most often since my main objective is to get entertained. Feels good if I end up winning but still fine when not. There are times when I deviate and increase when my time alloted for gambling is almost up.

Quote
Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
Whatever I decided as excess amount for the week or month that I can use for gaming or gambling is what I deposit. No fixed amount.

This is a good financial strategy when it comes to gambling. Having limitations will prevent you from overspending and from developing unhealthy gambling habits. If you will just allot what's left and just an extra amount of your budget, then you will have no problem about your finances because you will not spend more than what you can afford. Gambling for entertainment surely is nice if you won't be stressed out and burdened by financial matters because of lack of discipline.


Title: Re: Bankroll management discussion
Post by: ethereumhunter on June 10, 2023, 02:53:44 PM
Usually gamblers who only gamble for fun always limit their gambling so even though it sometimes takes a long time it won't make them spend their expenses, obviously they will stop usually when they reach their gambling spending limit, usually there is a certain deposit then when the money runs out even though betting small will not make curious.

I'm a person who often gambles with small stakes and it doesn't cost much money to lose either but indeed sometimes I often get emotional when I feel bored or have reached the point of pleasure, so I play seriously and risk all the money taking the opportunity when my money runs out at that time I had to stop because I had reached my daily spending limit in gambling.
That is a must that most gamblers need to do to avoid any losses or losses. They will know when to stop gambling and will not continue if they feel they have gambled enough. And they think it is better to gamble with small money than to use big money for a long time. That is not profitable for small gamblers because they can spend money just to play gambling.

We must be able to reduce the betting money that we use for gambling to avoid many defeats. Apart from that, we also have to avoid emotional escalation caused by the defeats we experience. Usually, these emotional escalations can increase as the defeats continue to occur. If it weren't stopped, it would risk triggering another defeat even if there was a chance of winning. But the opportunity will not be great, so the defeat will come again.