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Do you believe that you will be more disciplined in sports betting if you have a dedicated bankroll?

According to the article I read, when you gamble without a proper bankroll, you are likely to make mistakes. One of the main errors is chasing losses because you are using money not intended for gambling, such as funds meant for paying bills and rent.

Let's consider an example:

Suppose you have a monthly salary of $500, and you can only afford to gamble $50, which is 10% of your salary. This $50 should ideally last for one month of gambling. However, if you don't treat it as your bankroll and believe you can replenish it from your salary when you lose, you are likely to lose focus. This may lead you to use funds that are meant for your basic needs.

So the question is, can you manage with $50 as your total monthly bankroll, or would you rather increase it and risk losing money that is not meant for such purposes?

The point you mention is factually correct based on my experience. It’s all about psychology on how we consider our bankroll to become more important. I have a dedicated budget on my gambling per week which is from my salary that I split in weekly basis. This way I will consider my bankroll as precious compared when you have unlimited source of cash since you will be easily lose your money once you are already bored on losses.

Having a mind that think about your bankroll as last piece of money for that game will make you feel more cautious not only on sports betting but rather in general gambling.

A responsible gambler needs to be able to manage it. But out of $500, the recommended among to gamble with should be 1% which is just $5. For me I can go for maximum of 5% which is $25.

Yes I can be able to gamble with the money and not go beyond. Sometimes I can win more than lose. Not that I also go all in all. You can decide to use just $0.5 in every game that you play and you can not loss the whole $25 fifty times consecutively. That is not possible.

We should have a dedicated budget when it comes to gambling and only then we can stay in control of our gambling habits.
From your example, if a person is having $50 monthly budget for gambling it should divide it by 4 to have a weekly budget for gambling.
He shouldn't go over his weekly budget and even if he does, he should know that it shouldn't gamble for the next week since he has already used up the budget for the next week.
Only this way, he can gamble within his limits.

It's hard to stop yourself from depositing again when there is another match that you are likely sure you can win. Losing your bankroll for the month is like excluding yourself and the temptation to bet when there is a good match.

I have to admit there is no real list of matches that I keep to participate for the month so when there is something that comes up, it's just time to deposit again. But then anyway, I'm not a high roller.

I read about this as bankroll management, but this one not really it. You get a certain amount of money as your bankroll, and based on OP, if we can afford to get 10% of our income which is $50 for a gambling of gambling, that's where you will have to manage, so 1% of $50 is only .5 cents, which would probably not meet the minimu requirement per stake, so if we increase it to 5%, that's $2.5 per bet. Well, if you can feel the thrill betting $2.50 per stake, there should be no problem with that.

That's one of the reasons why I said that addiction in gambling is as result of chasing your loses, because no-one became addicted in gambling without reasons and that reason is best known to the person, so if check the statistics of people who is addicted today with gambling the one of the major reasons they are addicted is that they are chasing what they have spent so far in gambling, not knowing that the more you are chasing your loses the more you are accumulating your loses and also gives yourself a debts of high frequency, so I believe that's the one of the reasons why is not good to chased your lose either you stop to gamble at that moment

A player who maintains a dedicated bankroll will be disciplined. It takes lots of discipline to keep on gambling on a dedicated amount. Most people get carried away, in the process, when they win. But a gambler who keeps up with 10% of his salary should deal with his wins as an added funds to deal with days he's feeling like gambling more would be profitable. With his discipline he can save up the winnings for other days and wouldn't have any reason to spend or add another percent by taking out more money from his salary. Dedicated bankroll is among the safe or responsible gambling techniques, and if not kept in check the player would be doing himself no favor. It could affect him on the long run, where he'd want to increase his winnings by raising up the money he wagers. The wins he gets by managing a dedicated bankroll may not be interesting enough to some players, hence going for more is the only option. Personally, a dedicated bankroll is better than raising the amount, month to month.

when you lose the amount for your monthly allocation seems like the end of fun for you. if the sport that you are into has an event every day, then you are done in a week with your dedicated $50. you have to have more than $50 in case you are betting on football or NBA.  

what i can suggest is to use the altcoins, this would mean you accumulate the altcoins, and when prices go up means a double win. you spend less on sports betting while accumulating investment.

This is in accordance with the experience I have had until now. So far I have been very disciplined in gambling on sports betting because I only do it on weekends, I don't gamble on weekdays unless there are events such as UCL and other European league championships, I might entrusting my wife as usual she is the one who manages my gambling budget because I know it is impossible for me to manage it well, I am not good at managing finances properly, so I entrust everything to my wife.

If my salary is $500 maybe my wife will limit me to around 5% of that salary budget, because she knows I can manage it in gambling so every time I win I will use the winnings again the following week, but if I lose I definitely won't gamble again until the following month, actually gambling is not my only hobby, there are still other hobbies that I can do when my gambling budget runs out, after all it is very risky to catch up or recover losses, it's best not to do it. Just use the budget that has been set, don't overdo it because gambling must remain safe.

You may be and you may also not because it's not easy to maintain a particular range to use for gambling from our bankroll, we are the ones that make this rule and will still be the same person to break it when we find out that we couldn't but help with nothing to continue with our gambling for the day while we are already on the limit range, the best idea is never to have an additional access to any financial means that goes beyond the stipulated bankroll we are using.

If you like to stay discipline, you need to follow the rules you set.
$50 bankroll for a month, that would last if you will just bet $1 per ticket, making you 50 total bets and you'll be too unlucky if you will have a 50 losing streak. So the key here is to be realistic, don't aim for a high winning when your bankroll is too low.

With $50 bankroll for a month, you should be happy if you'll be able to grow that to $100. Because that is 100% increase already.


What if the price go down? Investing in altcoins does not guarantee a profit, it will be too risky for a gambler. If we really want to evaluate our capability in gambling or our success rate, we should focus on winning, and perhaps using a stable coin would help so you won't worry about the price volatility, instead you'll just focus with choosing the right pick.

I don't usually make monthly deposits but weekly deposits that I get from the forum when I get paid, I always allocate about $10 - $15 for sports betting, it varies but I don't do it for most of the week sometimes when I get bored I always stop and don't deposit because I know other needs are more important than gambling.

If what you conclude from the monthly $50 for gambling for a month I'm sure I can do the discipline and will not increase it again because it is more than enough, why I say so a month's fund for gambling is not more than $50 then my discipline can be seen until there with the risk of losing money in gambling is natural sometimes it can win but can lose if the calculation for a month.

The gambler will ready to play the decent game on the good bank roll,because he will have enough money for the next game.If they possess the loss in the gambling,he should have the money to manage the losses.Many gamblers quit their game by just don’t have enough money to handle the losses.Some never back to the gambling because of the loss.Only few people can able to afford the losses and back to gambling to prove themselves in the game.Some of them also succeed in the real gambling.


Actually if you do like this,it will not affect you in any way,So you can also earn huge money from the gambling site.The only focus in the gambling is play the risk free game and earn good money from the gambling site.It was the important one for the gamblers to play with peace of mind in the gambling site.

You are talking about bankroll management and that is important for better gambling and reasonable spending. However your analysis of 10% to be used in gambling from your monthly salary as example, I think it is very high. If you use 10% of your salary to gamble that means gambling is priority, what about other family exigencies which are numerous to mention and top in the list being payment of house rent.

A gambler should be able to manage his bankroll by staking very less percentage of his salary at least to have a controlled mindset not to chase what he has lost. The gamblers that chase their loses are those who have made much loses that they lose self control to restrain themselves against further losses and so that is a point that if huge bankroll is used, then at loses you will feel bad and probably depressed after the futile chase.

If $50 is what I have budgeted for the month, I will be on the safer side if I stick to this budget. However, this amount will be too much for me to spend on gambling monthly because it is even far greater than the percentage I budget for gambling based on my income. Increasing the amount will affect the funds I will need to spend on other important expenses. We need to know that we can survive without gambling but there are so many things we cannot do without. This is why we shouldn't cut out a budget for these important needs for gambling. Accommodation, school fees, feeding, clothing, medical bills and others are vital needs that shouldn't be overlooked because of gambling. Gambling can wait but these needs cannot, so I will even prefer to cut expenses on gambling to satisfy them.

This is one of the main behaviours that lead to gambling addiction. Gamblers should know that gambling is not like a race where your effort will lead to a win. Your strength or determination might not lead to a win because the house will always have the advantage. The best option will always be to leave the casino after you have exhausted your gambling budget. Chai

I would be fine with $50 of that fund. Whether I lose or win, I will remain disciplined, if I lose and the $50 runs out, I'd better wait for the next month to top up my gambling balance.

With $50, if we are disciplined and use small $$ in each bet, we can win and can even make 5 percent of the funds in the crash game 😅 and even then we have to be disciplined and not greedy in using the betting balance.

However, in sports betting, we might be able to earn more if we place bets according to the course of the match. The only problem is whether the club we choose is capable of winning? This requires observation skills 😅

Everyone should be disciplined with their gambling budgets. It really depends on how you like to play. Some people could stretch 50$ for the month doing small parlays, while others would rather bet $50 on 1 game and just sweat the game for fun. Either way, you shouldn't gamble what you can't afford to lose.

Having a set amount, like $50, for your monthly gambling keeps you on track. It prevents you from dipping into money meant for bills or rent, helping you stay disciplined and avoid chasing losses. Stick to your bankroll to keep it fun and responsible.:)

Having a specified amount of bankroll is already a discipline and if you would be able to not cross the line on the numbers, then for sure you won't be in regrets no matte what. Setting a limit to your bankroll is often characterized by the amount you can afford losing. Problem most of the time is allowing our greed to be the one to play for us which causes us huge loss. Losing will always have a higher tendency to take place than winning therefore being preventive of huge losses, could also be the key to profit. You won't win consistently and so do losing. If you will be maintaining the amount you bet and the amount you will dedicate for your bankroll, then things would be more efficient in your gambling experience.
Its difficulty simply depends on your discipline, as being discussed in the topic. If you know to yourself that you will find it hard following such limit you set to yourself, then atleast try to not cross the 'numbers' and eventually it will be a habit of yours. We do get the point that this won't be in an instant given that we are more used of playing  as long as there's money in our bankroll/accounts. Practice and make it consistent at least.

Depends on the individual I guess. You might have that bankroll in mind to play with for the whole month but having just a good bankroll isn't enough if you'll be caught on emotions in the middle of the game. To be a disciplined gambler is to discipline your psychological capacity first then bankroll comes next.

In some country in the world  that $50 of yours is big enough for gambling  cause here in my country $50 is is about  2kphp which is  too big for gambling and for me if I got $50 then that will consume almost  how many days or even weeks.  Cause that will enough as a bankroll. But also If we  have a lot of money then that $50 is too small. All I can say for fore gamblers who are truly  risk their  money then good luck to all of you.

When a gambler finds a team that looks very superior based on the odds, he may bet all $50 to win $10 and if the result is very unlucky, bankroll is over. But for a superior team, less risky. But because he has to exercise discipline with the limited bankroll, he will not go all in with the whole $50, he may just bet $5 to $10.

With such a budget, he will also wager a small amount to profit a fraction. That's the compromise in being disciplined. He'll just need to be consistent in winning bets.

Yeah I mean this is how I actually approach all forms of gambling. If and when I go to an in person casino and won't be doing any sort of sports betting at all, I will normally take out a specific amount of cash from my bank account and my deal to myself is I'm able to blow all of it, but if I win a bunch, then I will normally save half of that and try and gamble to win more with the other half.

Just how I got about it anyhow.

I don't think so!
If I don't have enough money to lose on a bet, I would hardly invest more money to try to recover what was lost.

Think about it this way... even if the person has a reserved balance of $50 for the game, when that money runs out, won't they spend another $20, $50 or $100 on top of that amount to play? If she does this, she will have to recover the loss in the same way.
So, a person who is undisciplined, even if they have an amount to spend, will not be able to limit themselves and control their spending.

The secret of not getting into debt is not whether or not you have money, it is the player's discipline and awareness in making responsible bets.

I think it's up to the individual.  Bankroll or not people always tend to chase losses no matter what their stack is.  It's a physiological thing.  Stay within the bounds of what you normally bet and small or large bankroll the results should tend to be the same. 

If this is the only amount that you can come out as your bankroll, and adding more will affect your finances then you have to deal with it, you should not add more than what you can afford because doing so would make you break the cardinal rule in gambling and that is only playing with money that you can afford to lose, if you cannot manage your bankroll properly then its a sign that you have no control on how you gamble.
It is also a sign that gambling is going on in your head, and you cannot discipline your addiction, it will harm your finances and your relationship with your family, so to avoid this manage your bankroll properly and you are good to go.

No risk=no reward. Gotta go balls to the wall and get your money back IMO lol. Truth is, most aren't going to be disciplined, they're going to lose it all in 1 day or win big to lose the next day.

According to this  article, (https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/) it is unwise to gamble more than 1% of your income monthly. So for a person earning $500 per month, the ideal amount you’re supposed to put aside for gambling is $5. I doubt many gamblers follow this advice. It seems impractical, how many games can one stake in a month with such small amounts?

https://i.ibb.co/VC9PDq5/IMG-6110.jpg (https://ibb.co/DMWSkRT)

https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/

A must thing to be done by a certain gambler on which when it comes to bankroll then it is really just that normal that you should really be allocating on the amount on which you can afford to lose.
Never ever consider on taking up some additional add up on the time that you would really be losing because if you do then you are really that just simply putting yourself on such big trouble. This is why it would be always best that you should really be knowing about on having limitation or simply having that moderation because this is where people do usually fail on the time that they would really be having those kind of
actions made through gambling. Real bankroll? always set limitations and dont go overboard and you should really be just fine.

People would really be ending up on messing their lives through gambling because of too much expectation or too much positivity towards gambling without even trying out to
see the risks involved into it on which they do really fail on looking at since from the beginning or start, this is why it would be best that you should
really know on where your limit is.

Indeed, when it comes to gambling... Anyone is free to enter the world of gambling, regardless of whether someone is rich or poor. However, it needs to be emphasized that this gambling is not a place to multiply money and make a profit, because this gambling is created for fun. But, whether you believe it or not, the majority of gamblers are financially weak, they gamble with the aim of seeking profit and luck in the hope that winning can change their financial condition.

So my advice, if you are financially weak and your income is still minimal, don't gamble too often, because gambling will only result in losses, especially if you don't have good self-control skills. And if you still have needs that have not been met, then fulfill those needs first, instead of using that little money to bet on gambling where the results are uncertain. It's not that you can't gamble, but you have to prioritize things that are more important than just gambling.

And this what makes gambling industry becomes that too profitable because of this kind of common behavior of gamblers on which they wont really be stopping themselves on playing
until they would be able to win or would be busting up all the money they do have. If you do lose then you would be chasing up for losses, if you do win then you would be continuing
to play on which you do believe that you could really be still be able to win up until  you would be realizing something that its not worth on continuing on which in the end then you do end up
on losing it all back again into the house and this is something a very normal or common scenario into this gambling field. People just cant realize it before its too late.

In my opinion there isn't any other alternatives besides sticking to a 50$ monthly budget for gambling, considering your example where the total income is 500$. Actually, 50$ or 10% from monthly wage is already a pretty high sum of money for gambling reasons, but let's consider that is the only entertainment activity this person has on his repertoire, so it's fine...

The point is the gambler can't give himself the luxury of wishing to spend more than that to gamble in a monthly basis. If the other 90% of total income isn't meant to be spent with gambling, why would someone consciously do that? Unless they are completely out of their minds, I don't see a good reason to justify that.

To chase losses, to hit a big prize, to win money to pay bills or pay for basic needs can't be considered good reasons to spend more money gambling than you should, because the chances are against you the more you play. So it's unlikely you are going to achieve such objectives through gambling. Better to focus your money and time in something more reliable, if the primarily goal is to make extra money for your needs.

Oh, come on! What kind of fun is that?  Gambling is supposed to be thrilling, not penny-pinching and  you might as well stay home instead of hitting the casino if you're just going to play it safe.  ;)

But hey, going wild isn't for everyone.  And there's nothing wrong with playing the odds if thats your thing.  Either way know your limits.  Because at the end of the day, it's your money on the line.  Still, it couldn't hurt to let your hair down once in awhile.  Grab life by the horns, right?  Just don't bet the farm.

I've learned to make a bankroll for every championship I bet on
When a championship starts, for example the Champions League, I set my bankroll, and that amount is the only one available to bet on that championship. If the money runs out, it's because I've failed and I don't put any more money in to make up for the loss (but it's never happened that I've run out of bankroll)  :D

But it's worked out very well, I manage to organize myself better this way
I always know my balance in each championship, even if the balance in the broker can't be divided.
That way I can see in which championship I get the most good bets, if I need to change anything in my bets, etc.
It works very well, I recommend everyone to do the same

If you have any questions, just ask

You have to be very discipline when you are trying to make something out of gambling be it sport betting or any other betting, yes there is a legit argument that gambling is a game of luck but this shouldn't take away the fact that your chances of winning are higher when you actually study the game and make smart choices.
I see people who drink and even get drunk only to participate in gambling, thats a very bad state to be in while gambling, you tend to lose more because you are playing without a good mindset to control your emotions. Gambling can be fun but it is still serious.

Bankroll isn't the key factor for discipline, it is the stubbornness of not using the funds from their bank account if they busted their casino balance while gambling for a certain period, let's say for a month until you get back to spending funds credited in your bank account in next salary cycle.

I won't suggest using 10% of salary as bankroll for gambling and definitely not even a penny for someone who earns low income let's say $500.

For anyone to be disciplined enough to follow through with the scenerio depicted by OP, such a one would have been planning to do such for a long time.
Such a one must also have had some gambling experience and knowledge, else how does a learner even begin to manage $50 for practice and real play?

A gambler that follows through with a real bankroll, would have made a career out of gambling that is sure going to pay off one-day, and that's a fact.

Earning $500 per month and then gambling $5 for a month I think they will consider this bankroll not enough especially playing slots will not feel how the game feels except Sportsbook maybe can be $5 and earn in this bet still no guarantee will win.

I also wouldn't be wise with 1% still higher than that, so they won't follow any advice they will have their own comfort even though the monthly salary is small gambling still goes on.
So I will not blame anyone because each individual has a different bankroll, they also will not rely on the monthly salary alone when they have earned other sources of income then it will be made into a bankroll of more than 5%.

I think it depends on mindset, $50 is more than enough for me for one month's gambling capital. Because my goal in gambling is not for my main income.
I consider gambling to be entertainment, winning or losing is not a problem. Just like when I use $50 to watch a movie and buy a drink, I won't expect the money back because I think the money can make me feel happy about watching the movie. It's different if I use gambling as additional income, maybe I will try my best to make my $50 bigger through gambling.

Just like the way you explain bankrol of $50 for monthly stake out of $500 salary. Its a good plan of gambling or gambling investment which helps you to minimiz risk. But many people will still not follow the plan. I personally like the strategy. but we all have our differences. It will be good to use %10 of ones salary to avoid unnecessary expenses. Its just like a scale of preference which allow someone to do things in orderly manner. if everyone can use this, it will be good and will reduce risk factor.

This can be a factor but still if you carelessly gamble with your real money then still you’ll ended up losing everything. Honestly, discipline in gambling wont happen overnight as you still need to learn it and still need to create a strategy especially in controlling your emotion. Discipline is very important and I hope that you will learn this in time so you wont lose that much.

I am a disciplined gambler and I don't need to limit myself to exactly x% of my salary to achieve this. I don't even gamble away 10% of my salary. It's usually much less than that. Sometimes 1%, sometimes nothing. IMO if you are a problem gambler, you should attempt to limit yourself any way you can, which of course includes limiting your expenses, but I doubt this will really help you. For most people who spend too much the only way is to have someone manage their accounts and completely stop them from being able to gamble. You either have it under control or you don't. If you don't for years, you won't suddenly start to control it.

As a responsible gambler managing $50 as bankroll for the month is hard but with self-discipline it can be achieved. What I would do is simply to reorganize my strategy. By this, instead of 3 times a week, I would gamble 1 per week.

If I have to increase my bank roll, then I would be very dangerous and stupid risk. Above that, it is money that  I cannot afford to lose and if I lose it, I would not forgive myself. I would only increase my bankroll if my income increases and even at that, I would not increase it immediately. It may take months before I do so.

Knowing how much you can spend on your gambling, will give you the boundaries that you can only play only with such amount.
And if you will stick to it, you know very well that your gambling time is very limited as that amount is not that much.
If you happen to use some of the other funds, you should know possible repercussions and you should be aware of what's going on then.
You are risking the money that you can't afford. So are you willing to suffer such consequences and find a way how to rectify your financial situation?

Having discipline in gambling does not depend on having a bankroll or only using the money we can afford because having discipline means we take care of ourselves, so we don't gamble excessively. We know that if we gamble excessively, we will definitely spend more money, which we may not be able to accept if we lose. We may try to recover from that defeat so that we will only experience an even greater defeat.

But there may be gamblers who have a special bankroll that is used for gambling so that it can help them to stay within their limits. He feels he is able to gamble sufficiently within the bankroll limit and divides it into his gambling day schedule so that he will not try to gamble more than his limit. It will depend on how we can be responsible in playing gambling so that we can treat gambling as entertainment.

And let us not be greedy as well. If we only have $50 as bankroll for our entire month activity, that would only mean that we should be gambling for fun, otherwise, it will ruin our plan. $50 is small amount, it will not bring huge profit, unless we are too smart.

Here, if we are not realistic and we aim to gain $1000 from $50 that's a huge target and you need to be an exceptional gambler to hit that huge targe. personally, if I have that kind of skills, I would not only start with $50, maybe higher, or I might borrow money to raise a decent bankroll, but like I mentioned, only if I have the skills to win.

I can manage that $50 for a month. That may actually be my exact proper bankroll for a month. :D Then I got the monthly bonus, rakeback, and weekly bonus which will help extend my bankroll if suddenly a losing streak happens.
Here's my deal. Whenever I am losing $10 for a day, I will not continue playing anymore and then I will try again the next day and make sure that I get the lucky streak to get back all the losses. I find that possible in playing Keno. Somehow that game gives back all your losses and sometimes even more because of the big multipliers in the high-risk option.
$50 is already a lot for me, that could feed our home for like 7-8 days with the right budgeted foods. I won't waste that much for a month and as much as possible I would not end up losing it all after a month. Better, I'd be near the same amount or added more. Sports betting will be the key to increasing it, especially in the NBA.

In my opinion, it depends on how we respond to it. If you can be disciplined and set limits, I thinks $50 can be enough for a month by dividing it over a month time as a form of having fun and enjoying gambling. If you gamble every day, that mean you have to share it $50 is in 30 days which means you gamble $1.6 but if you gamble once a week then you can use $12.5 to gamble. This depend on whether we comply with the initial rules or not. If you want to gamble responsibly and with discipline, you will be able to set a budget.

Using 10% of your salary for gambling will not be a risk because we will not spend all of our salary on gambling, carrying out disciplined gambling will make it easier for us to manage our finances and not gamble carelessly because we can know the limits and not spend too much money just because of too much pursuit of profit.

In my case, me being a rather casual gambler I would say that having such a defined bankroll could indeed help me to keep my focus and my discipline on the objective, though, one is also supposed to be realistic on the profits one can get in a single month with such a limited bankroll, as ones have already pointed out in this thread.

If I only had 50$ to bet for a whole month, then I would try to limit my bets to one single bet per week, having some remaining 10$ extra for the last week, and I would only bet in those matches where I would feel confident enough to place my money on the table.

Though, I must admit that if by the end of the month I have managed to get a good percentage of returns, I would feel tempted to increase my bankroll using a little bit of money which would not be intended to be gambled. Not sure if I would actually do that, though, but the greed would be there.

You are right that being disciplined is not only about the money saved in the bankroll or the money we can afford to gamble, but discipline in managing money so that what is risked is not excessive.
This is an attitude that all gamblers must have.
But in this context it is little different and of course we cannot have a disciplined attitude towards sports betting when we have money that we can afford to lose.
Especially like now where football has entered the second half and there are many very interesting matches to be able to participate in betting on, gamblers will more often enter gambling sites to bet money on each League match that takes place.
This is an inevitable fact.

This is the attitude of professional gamblers, they know they understand everything and they can have control and management of any gaps in their gambling.
We can't find many gamblers like this and of course they have lot of experience in gambling.
This is group of gamblers who really know how to behave when gambling.

It seems like this is just about financial management on a gambling budget and until now I can do it but sometimes I fail.
as you said with a salary of $500 and taking $50 for a gambling budget that is enough to gamble in a month's time and if it is done betting on sports betting I think it would be better to take a low risk bet on 3 or 4 games only and use around $2-$5 each bet is much more comfortable and if you lose it won't be a problem.

as I currently do, bet using the budget that I have determined and bet on soccer betting, choosing 4 matches with odds of no more than @1.5 with a lower risk for me than having to target odds @2+ which is much riskier.
and for me the chance of winning when choosing odds @1.5- is more convincing so that a budget of $50 can last up to a month and even increase and yes $50 is more than enough to gamble within a month as long as you remain committed to the number of bets that have been determined.

I don't think addiction in alcohol and cigarettes are easier to quit than gambling, most of people still drink alcohol and become smoker even they're old, but it's rare to see old people still gamble frequently like they were young.

The dopamine you get from alcohol and cigarettes can't be substituted with other stuffs, while in gambling, when you're already rich, you're high likely become a responsible gambler.

Yes, I believe everything should be in order especially when it comes to financial things like gambling. There must be an amount that we are fixed to spend because if not then we are just going wild in the jungle and it brings chaos to our budget. I believe every gambler should have a planned amount on when they should stop depositing or when they will withdraw if a winning spree comes.
We don't need a spreadsheet to do this. $100 for example, that will be my limit for a week and I won't go further even if I lose this all in a day or two. Discipline, we need that. Gamblers are revengeful which is a fact, we don't want to sleep knowing that we lose but it's what will bring chaos to us because we might be spending money that we cannot afford to lose.

Emotions is a very great concern in gambling because it helps determine how well you will be gambling, if you will be able to stay long enough in the casino or how disciplined you could be but most of the time getting emotional could cause you to loose more or make wrong gambling decision which could definitely be detrimental to the gambler as that may not be what they have wanted before the started gambling.

In all be disciplined and not been careless with your money because the casino is always position against the gamblers but your discipline and strategy helps you gamble better.

True! Addiction is bad no matter what form it takes: smoking, cigarette, or gambling. Every gambling can lead to one result only, "misery." For example, in vices such as smoking, drinking alcohol will give you misery in the form of an illness. Of course, if you are too addicted to this thing, then your body will be the one who suffers, and not just the addicted. If a person is under the influence of alcohol, it can do something bad that in the worst cases is unimaginable. So it's true for those who say it's better to smoke or drink alcohol than gamble. You are wrong; anything that is too much is bad. There will always be a toll or impact on the doer and the people surrounding that person.

Just like in gambling, more money means more gambling equals addiction. Remember,  even a wealthy person could still be poor if abused.

In gambling, you don't dare chase your loses, the reason why people do this is because they lack knowledge about gambling, the moment you chase your losses you have given the casino power over you, don't do it.

That's why people need to understand what they are getting into before they start, if you are planning an attack on a country you need to know what the country's capabilities are, how many soldiers they have and how strong their military back up is, you don't do this? You are planning a suicide mission.

Casinos are winning over gamblers because the gamblers have no clue what gambling really is, first of all, make sure you don't risk more than you are willing to lose, the smaller the money is the better, we can't always thing about the winning side only, that's why using small money matters, then if you lose the money, get up and leave, don't try to make the money back.  

10% of salary is huge! I hope this is just an example and not a real situation.
Of course ALWAYS a proper management and planning is the only solution for achieve success ... not only in gambling.
People without a clear path will just lost focus and start act randomly :(

That is what it means to be disciplined in managing your money. Whatever amount of bankroll we will use, if we cannot be disciplined in managing the money for gambling, we will only use more money. Especially if the promotions given by the casino easily tempt us. We will only use more money to gamble, and we forget the discipline that we should have and apply when gambling. This disciplined attitude can be applied in sports betting or casino games and can avoid many losses. Even if you place a bet on sports betting, with your discipline, you can prevent many losses. However, we realize that training discipline is difficult, and only a few people succeed in training it until they have good self-discipline. That's why we must keep practicing it to control ourselves.

We can act like professional gamblers and learn what they have learned so that we can improve our gambling skills. And although it takes time until we really have a good level of self-discipline, it is still worth practicing to avoid unnecessary trouble. So with that discipline, we can behave and act like professional gamblers and enjoy gambling as entertainment. That's why we will not consider gambling a way to make money.

First of all, you should not risk money that you have as your primary income, it is 0. There is a belief of using "x" percentage of your only income as the minimum, and then they coin the phrase "only bet money that you can afford to lose."

Ah, ok, I took money from my income and assigned it a %, well now it's money that I can bet calmly, seriously, it's a fallacy. So from the start you're starting the bankroll management wrong, and the player believes that everything It goes well or starts well, because it assigns a percentage and adds the famous phrase.

And! I clarify, this in a context as you proposed, being a real player, since a recreational player could work, but if you are going to dedicate yourself to sports betting your capital has to be 100% and of that capital you fraction in a certain percentage and adds the famous phrase.

So, the discipline begins by finding a capital that you can use without ties, so before taking away 10% (e.g.) think about how to get an extra income that allows you to use it in peace and it in its entirety for betting management.

You ultimately need to be performing, which is hard to do with sports betting unless you've found a strategy that will consistently give you an advantage over the long term - bearing in mind the sports books will also want to adapt against you if you're constantly making a profit. There will always be an element of variance in any strategy, so you will need to track it across a decent time range and many hundreds of bets at a minimum to understand if something is working or you just got lucky for a while. Bank roll management is often mentioned in reference to poker, where it's a bit easier to get an edge over your opponents instead of constantly trying to fight against a fixed house advantage.

That's the advantage of sports betting compared to several other types of games, sports betting doesn't force gamblers too much with a minimum and maximum amount of betting money, such as a slot bet of at least 10$, By having $50, many of us will be satisfied to bet on sports betting with a nominal value of $1 so that we can repeat up to 50 rounds or clubs.

For me $50 is one of the best factors in managing money for sports betting, no wonder we will see many people turning to sports betting in general, to increase bets of course, but it is done based on the results of winnings not from monthly income.

I believe that the answer to this question will depend on the games that each person has played on gambling sites. For example in my particular case, I have been placing sports bets, so 50$ for my bankroll management strategy is a lot of money and would allow me to play for more than a month, I could even play with 50$ for more than 2 months and not have any problems with it. because I do the following when I spend, for example, 12$ for me to play every month. I already know that I will place $3 bets each week. So after 4 weeks of putting in 3$ each week, I can spend 12$ without any problems. If it were 50$ I would use the same strategy which would consist of playing with 12.50$ each week, so at the end of the month I would play with 50$

Now there is something that I always keep telling myself that although we should look at gambling just as fun, it is very important that everyone analyzes the games before playing so they can win. It is not because a person allocates 50$ per month to play, that that person must get it into their head that they must be losing all the money so that the following month that person puts in another 50$ and loses everything again. the person needs to obtain a lot of knowledge about the game they intend to play so that they can win sometimes, because that way when a person who dominates the game they are playing

put 50$ intended to play for 1 month, then that person will be able to play for more than a month with that same 50$ without needing to deposit money again in the following month, this does not mean that that person is thinking that they will become rich or would be deluding himself that he will have a lot of profits, but at least this would mean that although this person has defeats in which he loses money, he is also having victories in which he wins money and allows him to play for longer without needing to put more money into the casino. a practical example of this is in the case of a person who always plays with 50$ per month, if that person takes 10$ and makes a multi bet with odds of 5.00 and gets it right, then that person will have 90$ in their balance, which gives them It will allow you to play for 2 months without having to put more money into the casino, and that's what I consider playing for fun

I think for me, if you want to go with this so called bankroll management, it should be big in the beginning and so at least you have total control of you big or small you are going to bet as compare to like small budget wherein you can just go and bet a few and then when you are busted, you will be "force" to deposit and go beyond above your normal bankroll.

$50 is small to last for a month of betting, you can just used it in one sports bet and that's it. And not sure about the article, talking about discipline, gamblers are risk takers and reckless to begin with, just saying.

Discipline may differ like courses we read in school. A gambler may be disciplined in managing his bank roll but can't repeat same expertise in managing the time he gambles. Hence, he won't get the actual fun of gambling. Because one needs to enjoy their habit for a little bit longer. If a gambler is not able to gamble with his bankroll up to the time it pleases him. Wouldn't deem himself as a gambler that those the right thing for himself. Therefore, if a gambler could manage his bank roll and battle with time management. He could end up failing himself someday. As these factors have similar connection, so is the brain and the body of the gambler. The player may not have the ability to sustain his money management skill if he's proficient in time management.

Yes that's what's fun in sports betting that we can bet minimally so I think a $50 budget every month is very enough for small gamblers, so we can start each bet with $1 or more, even though it can't get rich faster why not to enjoy the process starts from little by little then becomes a lot, as long as it is consistent I am sure that from $50 we can make hundreds or thousands of dollars in a few months, it all depends on how we manage it, as long as we gamble with proper control and are not careless.

Sports betting actually does not completely rely on luck, so it is also important for us to have knowledge about certain sports because with a lot of experience and knowledge it will help us to win more, although in the end luck will determine the result, but it is important to analyze and research before betting on betting. sports, whatever it is, I'm sure a $50 budget is more than enough to spend every month for those who can manage it properly.

That can help a little that is for sure but absolutely cannot make you a disciplined gambler during all the time as there will be times when you will suffer loses and you will try to get them back which can make that balance last less than one month.In gambling is not discipline the main key although it helps a lot,I think it is the fact to choose the right game or games in your single or multi ticket,sometimes we just to be great at choosing,I usually copy other people bets to not care much and today I landed a ticket with 80 odd by copying other people bet,the problem I only had 0.05 dollars as a bet so about 5.2 dollars win.

https://stake.com/sports/home?type=sports&status=settled&iid=sport%3A125435335&modal=bet

If one person can't afford to risk their money since their salary is not that big., and also doesn't want to bet small amount then they shouldn't gamble in the first place. You really need to rely your amount of betting in your bankroll cause if you have responsibility like paying the bills then you might drain up all of your money. Gamblers are risk taker that's given, but you should always have risk management to avoid finances issue. $50 can still be bet depends on your game, you can still profit by just simply betting $1 every round like sport betting. If it doesn't last for a month then that's fine cause you need to adjust depends your money.

I know that it's just an example but having that amount is quite low and I doubt it that I'll be able to survive for that amount for a month. The days are going to be different and I don't even know if a week is enough for that week because it's likely just a few days.

Why?

Because many anticipation is that I am going to lose that money easily even if I'll do that in esports betting which is I'm quite aware of the scene and I like doing it there.

So, this varies per gambler and if some are going to say that they can grow that easy. Well, for me, I don't know what I can do with that but most likely I'll just lose it.

This is already a huge money for me and yes I can live with this for a month since I’m just an occasional gambler and in fact, I gamble with a lower budget most of the time and its totally fine. As long as you know how much is your budget having this kind of capital can work for you, don’t be greedy if you can’t afford it because you might lose everything, always have your discipline with you so you can enjoy gambling.

No, I can't maintain the discipline... I am a degen. If I have a balance in some casino I will try in-house games and maybe that will get me a few dollars, but in one moment I will turn to slots. The thing with slots is that you never know, I can bust my balance or I can make more (been there and done that too many times), but that never lasts.

It's hard to be and stay disciplined gambler, at least for us who like to gamble and for us who like all gambling games. Hard truth! We like to play and for some of us it's hard to stop playing even after we win and make some profit.

Having a dedicated bankroll is actually part of discipline that is needed to remain sane in gambling. Not many people do this but few that are able to implement this method hardly full into gambling addiction and all the psychological problems it carries. They already know how much they are willing to sacrifice per month and will always remain within that limit. The fear and uncertainty that a lot of gamblers face would have been completely eliminated through this method of gambling.


Most of the negative effect of gambling are traceable to gambling with funds not meant for gambling. The moment a gambler fails to draw the line between gambling funds and funds for basic needs, there is bound to be problems.


I think putting this in percentage of monthly income will make more sense because $50 is very big amount to some people and to others, it is not even up to what they gamble with daily. To put it in percentage, I feel gambling with maximum of 5% of ones monthly income is fine as 10% is on the high side for me.

Impulsiveness is really one of the main issue for most gamblers on which i could say that it is really that common.When managing your own bankroll then it would really be that tough even if we do see positive comments and suggestions or recommendations on which applying it on real life wont really be something that easy. This is why we should really be doing our very best on controlling ourselves because we do know that once we do lose control then we do know on what would gonna be the next. The only thing differs into those people who do make use their sufficient money or allocation is basing up on the budget whether they would really go past beyond those points or would really be completely stop once they do reach up such threshold. There are really just those people who do play and cant stop on the time that they are experiencing those loses.

Problems do only rise on the time that they wont really be able to assess on the difference in between good and bad, on which this is something that you would really be
needing to act accordingly basing up onto the things that you should or must do.

Yeah, i am doing this, i have a monthly bankroll, i am just calling it a gambling budget. And i won't go $1 over monthly budgeted money.

Pondering if it's enough is a matter of attitude, because if you don't believe 10% of your income ($50) wouldn't be enough, then 10% of your income from what ever income wouldn't be enough, as it's all relative, and if you think the wins would need to radically change your life. So it wouldn't be enough compared to your life expenses and salary.

As in statistically speaking, that $50 wouldn't make you any richer then that $10k, because percentually you would win the same. It's not as easy to grasp when you have only that 50 dollars in month to spend. When you are poor, it seems obvious that you would settle wanting less when you have money, but it's often not like that. When your salary rises, so rises your spendings.

But I had losing streaks that despite having pretty good and strict bankroll management, I went broke a couple of times. Not like broke in life, but lost my bankroll that was meant to be sufficient enough to go for some time. But when you lose like 10 bets in a row despite making no wild moves, I think it can happen to go broke despite not taking weird risks and not losing control over one's own decisions. Everyone has been there, I am sure. At some point it is hard to believe that the bets keep going wrong. The same can of course happen in a positive sense.

There should always be a limit on which it would really be just that normal that you would really be having those kind of considerations specially on the time that you are really having that losing streak on which it would really be just that normal that you would really be having that kind of impression. We do know that when it comes to discipline then each person would really be that different when it comes to that manner on which there are ones who could be able to have some control and there are ones who couldn't really be able to do such thing. It would really be just that depending
on how you would really be able to handle yourself into this kind of situation on which control and discipline is really that relevant specially on dealing with this venture.

Well, we are people who are aware that if a person has 50usd to spend in a month, well it is because it is money that he is willing to lose, that is what we have to take out as the first option, of course if we are taking out 50usd To buy necessary things for our home I would consider it irresponsible, because one for the casino should allocate money that is not going to be used for anything else, and that the money that is used for that is not going to have to be used for something else that is essential.

If a person allocates 50usd for the game, it is because he is going to have a lot of fun during that month, I would do it or divide it into weeks, which would give me the result that in each week he would allocate 12.5usd ready to allocate in a game, he could divide it between the days I'm going to play within that week, well that's just what I would do, I don't know if maybe it's too little or something, but I could also wait until the end of the month and play with those 50 usd once to see if you can achieve something, of course with more money , because I think you take more risks.

As long as it is a balance that we have to lose and what we are ready to spend, it does not seem to me that it is bad, it is something that is controlled that is good , it is something that we must always emphasize that every time we play we cannot be thinking about what the things can be bad and we have to lose everything, this is something that we have to see so that we can believe, if in that case we want to multiply those 50usd, we would have to confirm it with minimum savings during the day, so that instead of subtracting, The balance is always increasing, with just 1 dollar per day it is something, 1 or 2, depending on how we are, but we have to establish a stop per juice session so that we do not spend all of the money at once, for Example, We can only lose 3usd a day , and when we get there we can't spend more until the next day , that could work too, that's what I would do , Something slow but sure.

Since having a Bankroll is part of your discipline and self limitations, no matter how big or small amount it is, it's really up to you how you will handle that money in gambling. as you've said, you're an occassional gambler and $50 is big enough for your gambling activity, but for the others, it really depends to them, some may say that this is huge but others might say, that amount is not enough. Usually, other gamblers able to grow their money even if it's small, maybe it really depends on you how you handle the money, also that's where we can see how lucky you are in gambling.

I don't think that my gambling and my bankroll can ever mix, I planned it to the extent that I use a separate bank account that I term "my service" account for all my spending activities which includes gambling. I did that to make sure that I did not go into my main account to withdraw money for frivolities and unnecessary reasons. By this, I had won the situation halfway as I do not leave a huge amount of money in my service account and I am sure that I spend almost all that is there for my monthly bills, purchases and services. This is to discourage emotional spending and I made sure that my gambling plan is stricter because once I deposit into my sportsbooks, I do not redeposit again until I lose all the money in there.

But to lose such money based on how I gamble and plan my account portfolio is always long in time duration, and that is if I lose the money in the whole year because I do not take a huge risk in many trades or risk all the sum in my account at once. All these have been helping me and I know that they will keep on helping me even as I am more cautious that the money in my account has to be well used and I must be accountable for all that I spend at the end of the month for financial discipline's sake. Just in case I found myself so guilty of it this month, I could be tougher on myself next month and this has been helping me save enough.

A gambler must learn discipline to manage their money and also their time when gambling so that they do not lose large amounts of money. There are still many who cannot consider gambling as entertainment and instead want to make money from gambling. That is why there are still many people who lose large amounts of money, and that is because they cannot control themselves while gambling. And even if you have a large bankroll, it will not guarantee that you will have good discipline because it depends on how you can manage the use of the money. But indeed, having a large bankroll can make someone bet big money and can also make them gamble longer than usual. They have to be careful if they have a large bankroll, and they should be able to control themselves well so they can avoid big losses.

So when I consider gambling as a way to make money, do I qualify to being called as indiscipline gambler? If you say yes, I would disagree with you, because for me, gambling is not only for fun when you can just expect to lose but you can also consider it as a way to make money if you believe you got some skills.

Although this is quite unusual, but do you think gamblers will keep coming back if they don't believe that there are gamblers who are making money in gambling? It's just a simple logic, the problem with most of us here is we thought that winning in gambling is quite impossible, which in reality not, it maybe hard to win but never think it's impossible as you are only killing the challenge.

If a novice gambler gambles with large funds, I can be sure that everything will be lost.
Financial control in gambling games is very important. This must also be balanced with emotional control. No matter how big your gambling capital is, if you can't control the game, all you'll do is play until the money runs out.
The wisest thing is to limit your finances for each game. say $1000 per play, then if you experience a losing streak until the money runs out, you have to stop and not decide to make another deposit to continue playing.

It's hard to maintain discipline when maintaining a bankroll. Having such a bankroll is very helpful to set limits and prevent chasing losses. Allocating an example bankroll of $50 or a percentage of your salary encourages responsible gambling. A good bankroll mindset avoids financial problems and maintains discipline when it comes to betting.

That's true, I have seen a guy who used his school fee to gamble, he claimed that he was trying to help his father since his father is so broke that he can't pay for his school fees, funny thing is he use the last amount in his fathers bank account to gamble and lost everything, the home was filled with so many tears that day, I can't forget.

At first I was so mad, I felt like beating him up for putting his father in such position, but later he felt that this guy is full I'm of regrets too, till this day he have grown so much hate for gambling, people don't actually know what gambling is, they instead try to give a try in a stupid way.

It's not even about having the bankroll only, your expectation in gambling will finish you if you are not careful, what you have in your head is what will control your ways with gambling, one minute you decide to only use $50 in gambling and another minute you start feeling like a magician and you will increase the bankroll yourself.

Financial control also know as good money or risk management is very important yet lacking in most novice or newbie gamblers and even amongst some experienced gamblers aswell ,some of them know so well about it but are just carefree or feel they can go against the odds and still be lucky so they don't have to apply all of such.

Like you rightly stated again emotional control is another one lacking which if a gambler doesn't have, they just keep playing till they exhust all that they have and that's why it's very important not to get emotional gambling and not bring to the casino that which you can afford to lose because you may eventually end up loosing it all but as an emotionally intelligent gambler, it's very important that you exit immediately you find out that you are becoming emotional and you are suffering a loosing streek, same applies to winnings too when you having series of wins you may become too excited and want to add to your stakes .

Those newbies who get into gambling of course have people that they see who gamble and they have seen them make profit which encourage them to gamble also. They didn't wake up to start gambling, it came out of their mind while some were influenced to try and from there they became even addict gamblers. So yes you are right that people win money which is the reason new people join in gambling because they see winners within there areas. However, as a newbie you don't have to take the same risk that old gambler is taking. You have to guide your bankroll until you have mastered your strategy.

Winning can be anything to any gambler. Generalizing that when one wins money in gambling that he wins, shouldn't a permanent, complete thought, we can do better. A lot of things are being done in the casino and most of it has nothing to do with winning money. Because on the long run, the money goes back to the house, hence the gambler didn't win any money in the first instance. Hence, gamblers tend to win other things like discipline, earning skills, associating with other gamblers, and meeting business deals on casino tables. What matters is that money circulates in the casino and gamblers know this, hence the lucky player goes home happy with some funds, which attracts him back to gamble again. Periodically winning helps gamblers to visit the casino again, which is part of the game. There will never be gambling if there are no win or loss. If the casino doesn't guarantee any win, why then would people stake money to gamble. That would be an NGO instead of being called a casino.

That's not what it means. We don't expect to lose when playing gambling, but we only use gambling as entertainment. That's different from hoping to lose when gambling because whatever happens when gambling, you can accept it. And if you think of gambling as a way to make money, you can see that many have experienced losses. But if you can really make money from gambling, that means one of the people who can do it, which is a great achievement. But you must remember to keep control of yourself because, without that, you will only get carried away by your emotions and lose a lot of money.

Gamblers who frequently experience losses will return to gambling. Whether they believe in gamblers, who can make money, whether they want to recover their losses, or just want to get back to having fun from gambling, that will be the reason for each gambler. The important thing is that we don't gamble excessively because we already know what impact we will receive from gambling. It may be difficult to win from gambling, but it is not impossible.

This can happen if a novice gambler does not have self-control, so he cannot control his emotions to stop his gambling game. Most beginner gamblers will feel challenged to win their gambling games, so they will play gambling continuously until they can win. But in reality, winning the gambling game is still difficult for them, and in the end, their money will run out.

Yes, they can only limit their gambling activities and also their money so as not to lose large amounts of money. If they still spend a lot of money gambling, it is only a matter of time before they really lose all their money and become bankrupt because of excessive gambling.

There is where that discipline will sink in. As always, you have to ensure that " you gamble based on what you can afford", there's no exact figure here as we have different financial status. So if you see a gambler who could risk $1000 per bet, don't try to follow if you aren't even earning $2000 a month as most likely that gambler is making $100k or more per month to be able to risk that huge amount.

We should not be too focus with the shortcut in gambling, if we aim to win millions, then make sure you have the skills and try to get it slowly but surely. If you go the fastest way by winning through jackpot, then most likely you'll end up losing based on statistics.

His wrong interpretation about gambling made him hate gambling which is bad. If at first he did a quick research and didn't think gambling gives easy money, he would not be in the position that he would gamble the last money. They say gamble what you can afford to lose, this person can't afford to gamble since his family is struggling financially, his action alone was already wrong, regardless of the outcome, because if he had won, there's no guarantee that he will quit and just keep the money, For sure he will be greedy and will try to push his luck.


This is a different kind of scenario, what OP was referring are for experience gamblers who do and doesn't have a good bankroll, and their respective experience. For me, with a good bankroll, I tend to be more serious.

a gambler must have an allocated bankroll to be able to maintain their financial condition well, because without a clear bankroll allocation a gambler will tend to use their money unwisely and they will gamble as they please. but apart from that, gamblers also need responsibility and good discipline to be able to ensure that they continue to gamble according to the bankroll they have allocated, so that their gambling practices will be better with a combination of allocated bankroll and good discipline.

It can only be possible for a responsible gambler, they allocate, they discipline themselves to make sure that they follow their bankroll, but those who lack control they lack don't care about their bankroll all they want is to win and they keep on trying as long as they can fund their account, how you manage your bankroll is the measure how discipline you are, so if you cannot manage your bankroll properly, you are risk of losing a lot of money.
Irresponsible gamblers start with small bankrolls but because he is out of control he keep adding until they have no awareness of how much money they are losing.

Having a designated bankroll shows respect for the game and your finances. Control and consciousness. Bet $50 from your salary to show self-discipline. Bets are fun, but being a responsible adult is more important. You're playing a strategic game against money and life stability odds

I always admire sports betting gurus' devotion and analysis. Respect is needed in this intriguing environment. I don't have time to create a sports betting career, but I see the appeal. Managing that $50 is more than financial prudence - it's a commitment to not letting a hobby compromise your basics. Remember, good gambling is about controlling your life and decisions, not just how much you win or lose. Smart betting and life are both important

Financial control in gaming, especially for beginners, is like balancing without a nett. Many jump in without considering the basic rule: "Only wager what you can afford to lose." A classic trap, right? Fun and irresponsibility merge when quick wins are tempting.

I learned from my experiences to treat gambling as entertainment, not a cash stream. I set aside a "fun fund" - money I can part with. My fundamentals are safe, and the game remains a thrill, not a financial risk. As with movie tickets, you're there for the experience, not the ROI.

Also, emotional control? Thats gambling's MVP. Even the coolest cats spiral when losing control. My mantra: "Stay frosty." I tell myself that losing is part of the game. When emotions arise, I move back. Knowing when to say, "Thats enough excitement for today!" is crucial to enjoying gambling.

Yes absolutely, how you manage your bankroll defines your attitude toward gambling, you will never be a responsible gambler if you do not take your allocation seriously, this is where gamblers first lose control of themselves.
When they do not know how to stop they never look on their bankroll all they care for is to win and if they lose they want to recover their losses right away.
I always see to it that no matter what happens I manage my bankroll properly it's not easy, you need to motivate yourself and remind yourself when and how to stop so if I put $100 for a two-week allocation I need to make sure that $100 will last until the next payroll to fund my bankroll.

On several occasions we tend to make such mistakes along with the ways we spend money when we have it in our balance at some point because, on some occasions I have made those mistakes when I receive my payment and forget to withdraw my weekly gambling budget at some point I get carried away to place more bets than required and some time bets end up losing making me to go on a lost balance at the end of the day.

This experience have made it more difficult for me to disobay my budget bankroll amount at any moment, let say weay oray not experienced the same outcome with all of this because some may choose to take such risk of going beyond the bankroll budget and still end up winning big rewards to walk home with.

This seems to be true, because players not only like to chase losses but are also often dissatisfied with the profits obtained so the way to do this is to increase the budget if what has been budgeted is not able to provide the expected profits.


I will stick to the limit that has been determined and if I intend to increase I will consider the available funds more than the desire to chase losses or because I want to get more than both there is no certainty and what is more certain is that I could lose more funds, and if that is the result of increasing budget, it can damage your finances if it is not money that is intended for gambling.

Yes, I agree with you. It is indeed better to stick to the limits that we have set than to increase the amount of capital because that does not guarantee that we can win the gambling game. By sticking to the limit, we have tried to control the use of money for gambling so that we will not have the desire to increase the amount of capital. And even though we can win later, we won't be interested in increasing capital. We will return to managing the capital according to the initial level so that we don't lose a lot of money. Gamblers really need to be aware of this so that they don't become greedy when they can win. Moreover, there will be a lot of losses that will come to us if we use more money.

In fact, disciplined attitude has been possessed and embedded in everyone without exception, it just that sometimes many gamblers forget discipline and they turn this attitude into carelessness.
Isn't this the reality, there are lots of gamblers who always act like experts who are able to make win on every bet and they use massive amounts of money to make bigger wins.
But in the end they are just gamblers who are full of disappointment and really don't accept what has happened, they will be like people who have lost their way because of big losses and in the end have lot of loans just to recover their losses.

I have been in the gambling industry for quite some time and have certainly managed to study my personal experiences as well as the experiences of other gamblers.
Indeed, when most gamblers are addicted or blinded by excessive ambition, they will never be able to control themselves and be disciplined in managing their money and time for gambling.
There will never be any prevention before they can really change their mindset and ambitions in gambling.

And experience is the most valuable teacher to learn from, plus learning from professionals will make it easier for us to have an attitude that can be more than just skills but more responsible.
It doesn't matter how much time it takes, as long as it good for us and useful, we still have to do it.

Because many gamblers forget discipline, this is what causes many gamblers to experience carelessness in gambling, causing many problems ranging from losing more money to experiencing gambling addiction. Many gamblers have lost a lot of money while gambling, and most of them become more greedy, especially after they win. They forget that it is a warning for them to stop gambling after winning because if they don't stop immediately and instead continue gambling, they could lose their winnings, which are also used for gambling. This will make them disappointed with their defeat, so it will make them continue their gambling game again.

Learning from other people's experiences and the experiences we get is very necessary to prevent bad experiences from happening to us. We can also learn what is needed to be responsible when playing gambling so that we don't experience many losses. Having a sense of responsibility when playing gambling will help us manage money for gambling so that we can gamble and stay within limits.

And yes, experience is the most valuable teacher, and I agree with that. We need many things to become a professional gambler because no one can guarantee that we can remain responsible while gambling. By continuously practising responsible gambling skills, we can improve our abilities so that we can also enjoy gambling as entertainment.

Yes definitely, 50 USD is totally fine for sports betting. There are so many different type of games each week with a wide range odds to choose from. We could easily break down the 50 USD into 10x 5 USD bets and make one bet every three days. Like you I fully agree that having a fixed bankroll is important and we need to respect the limits. Topping up our bankroll during the week just because we lost a bet seems wrong. We should rather wait until next month when we receive our salary. If we really want to bet more we could add any wins to our bankroll directly. For example, we could focus on very low payout bets with high winning chances. If we keep betting on games with below 1.05 payout then we are making only small profits, but we can play every single day. Having a fixed bankroll helped me a lot over the years and I would recommend it to anybody.

I don't think discipline depends on your bankroll, so I would never risk more money than I can afford to spend on gambling just so that I can be more disciplined with my gambling activities. I know myself and how much patience and self-control I have and I know if I can stop when I need to or not. That's why, it's of no use for me to increase my bankroll just to have more control because if I have control, I can manage it with the existing bankroll and if I don't, I won't be able to have discipline even if I increase the bankroll.

It might have some reality that having a proper bankroll keeps you disciplined but I don't believe in such things. I believe it depends on the nature of a person whether they can control themselves or not when gambling and it doesn't depend on whether their bankroll is dedicated or not.

When it comes to bankroll spending or allocation then it would really be random. Yes, it might not be that recommended but as long you are wary on the things that you are doing or on the time that you do spend up
money then it should really be just that fine because people do usually mess up on the time that they would really be losing up control on spending up their money on which they do allocate big when it comes to gambling session and this is where people do usually mess up and this is something that should really be that stopped. People do really wrecked up themselves just because they do mold up that kind of
perception and beliefs into their mind that they could really be able to make easy money with gambling without even thinkin about the reality attached to it.

It is really just that there are people who cant think off clearly and sensible or realistically on what are the probable effects that it could bring out into their lives on which they would really be putting
up focus into something on which its never been that recommended on doing so. Gambling is for leisure and if you are really that tending to play then allocate such enough amount into it
on which it is something that you can afford to lose.

Yea  bankroll or no bankroll, an irresponsible person will still be irresponsible. It is one thing to have a specific allocation for gambling and its another thing to stick to it. If he is not able to control himself, he might even gamble with his salary, hoping that he would be doubling his money. It is only a man who can discipline himself that can stick to a proper bankroll, those who are not disciplined cannot do so unless they train themselves to. Responsible gambling cannot work if the gambler in question has no control over himself. While we advice that  people should have other sources of income aside gambling, it is also necessary to constantly remind oneself about the need to stay disciplined and their possible implications of outing all out of control.

Actually no one can play gambling fairly because you can simply keep the attitude but not everyone can do that so there are different types of gambling. For example some people take loans and gamble. Some people gamble by selling assets and some people gamble with all their salary. You can quit suddenly when you're drinking alcohol or cigarettes so gambling is an addiction that you can't quit even if you want to. When i win repeatedly i will try to play again and again so the basic need for money will not come into play here.

Why risk more when the win is not certain? I don’t think a gambler should continue when they’ve started incurring losses because it will make them use all of their money for other things to be spent on gambling which will still not produce good results. A disciplined person will always have budget for everything and will not use the budget for others to satisfy his self interest that’s not worth it atimes. For every gambler, there are good days for them and also some days are bad for the. Depending on the outcome of a game, you should be appreciative and walk away from that place in order to secure your profits or manage your loss for that day while preparing for another time using only the budgeted money for that purpose.

I will not increase that amount if that's already the 10% of my monthly salary. That's already a lot to be honest and someone who's gambling and allotting fund to his gambling deeds shouldn't exceed with that much. If 10% is an affordable amount for me, I'd be fine losing that but depending on how the status of the economy, my personal economy is. I wouldn't be increasing it anymore and let it go whatever happens but it's hard to stop ourselves when we lost that quickly and you're still itching to gamble more.

It's the conclusion of the whole matter as I concur to this , gambling what you can't afford to loose is very disheartened, it can make the main objective of gambling not interesting. Just as op pointed bankroll may be necessary to guide who ever that has no control over the way in which he/she engage on the gambling when the money is available, but most time to them that are already addicted is even hard even when bankroll is in place.

You are very correct because I don't see what addiction or self control has to do with bankroll. The only thing I can understand from the OP, is that one should not gamble when he does not have a job, because he will see gambling as a job and will be gambling for profit which might lead him into some ungodly actions just to have money for gambling. Apart from that, I don't see how bankroll can make any gambler disciplined.

Discipline is based on the gambler understanding of what gambling is and how it should be done. If you gamble with a wrong mindset, even if you have a big bankroll, you see still use it all on gambling because you will be busy chasing your loss. I might have a very small bankroll, and still control my gambling activities by using only the amount of money that I can afford to lose.

Well, this is a good idea to have a dedicated bankroll for gambling but this won't be enough if you do not have proper risk management in place too. In the above example, a person has 50$ money which he has allocated for gambling/betting through out the month. So now if there is no risk management, he would just place a single bet of 50$ and can lose the whole money in a single day. Then it will be difficult for him to stay away from gambling for so many days and wait for the next month when he will allocate a further 50$.

If he had risk management in place, he would risk only 1 or 2 dollars per bet and also make sure that he do not exhausted his gambling portfolio before the month's end. The more careful the gambler is with his money, the more chance he will make more money in gambling in the long run.

No matter what their gambling budget is, they must be truly disciplined in gambling. With discipline, they can know how long they can gamble. They also will not violate their gambling limits.

However, people can lose control of themselves in gambling when they become tempted and want to continue gambling. The discipline they have used will be meaningless because they have forgotten it. They will only spend more money when their discipline is lost and that will cause them to lose a lot of money.

When playing gambling, discipline is one of the things that must be paid attention to so that we don't violate the limits. With the help of other things such as self-control, self-limitations, and other things, gamblers can avoid many losses. We must be responsible gamblers and not exceed our limits.

When we have prepared special money for gambling and not more than we have prepared, we must be able to manage it well, meaning by trying to multiply the money we can use it gradually and not all at once. For example, you can only afford to lose $50 a month for gambling, so use your money wisely gradually, for example, use $5 for each bet, don't exceed $10, so if you have $40-$45 left, stop immediately or you will lose control and lose your money quickly, but if you use $50 to gamble every day, in my opinion, you shouldn't exceed $2 a day, but if you only use it on weekends you can manage with a slightly larger one.

The most important thing is that we can manage our bankroll when we have prepared money for our needs and for fun. By having a record of spending, you can arrange for yourself how to make sure you have enough money in a month and you don't use the money you need for gambling. Discipline in managing finances is necessary because if we can't be disciplined, spending can be chaotic and you will find yourself in trouble if you don't have enough money to cover your needs and have to wait for your salary again.

I think OP is right. I've seen most of gamblers who gamble, don't have any real bankroll. They do gambling to increase their money for their basic requirements as well as others thing that they wanna have. That's why they might be less focused, less disciplined and have more hunger for money rather than making gambling properly. But when a Gambler have enough money, i mean a real bankroll, then he doesn't need to think about any other things, no need to worry about rent or basic needs as op mentioned already. So he can be more focus of course. although there are some exception too. Some people will never changed, no matter how much they have! They always want more and keep staking more amounts for more earning which could be drive them to become loser at the end

A bankroll to me suggests that you have a much larger amount to work with and are not simply relying on running a set amount down to zero each month. If you're losing your money consistently, there is no management going on there besides regulating how fast you lose your money and that is a very poor mindset to hold. Unless we are talking about a skilled game like poker, where you would probably want hundreds of times the big blind in order to feel comfortable about every decision, sometimes you have to take wild but calculated risks and other times the table dynamics require you to bluff occasionally, which you might not be able to do if you consider the next bet to be crucial to your bank roll.

it doesn't give a 100% guarantee but then it will to a very great extent help the gambler be able to get his funds under control well enough especially if the rest of the funds is in an account that cannot be accessed easily not you then you will most likely not be able to access the funds hence you will have to stop at the point where you get all your funds available to you exhausted. discipline sometimes go beyond just having that particular dedicated fund to gambling alone but also to, applying restrain to the fact that you shouldn't be touching the funds you had allocated to something else which may not be gambling but then. some gamblers do find it really difficult trying to be able to get this level of discipline because they want  to be able to still stay in the casino long enough to be able to not gamble.

I would say that planning is always much easier than practicing, meaning that in the end there is still a possibility for gamblers to prohibit their own rules even though they have basically implemented effective methods to keep their gambling budget from exceeding the limit, and as we know that everyone has emotions and curiosity in themselves, meaning that there will always be certain times for them to try to express their curiosity by continuing the session even though for example the money has reached the specified limit or has reached the point where they should stop allocating money.

In the end, of course, as you said, the method must be assisted by something else if it is to be effective, namely maintaining self-control along with maintaining self-awareness in order to resist or execute various temptations that come.

For me, this will still not apply to some people because there will be some instances that even if it's not yours, you still have some attitude that you will still do even if it's your own money or bankroll.
Discipline will always come from ourselves, so you need to first control, practice and master it.

You'll be a discipline gambler in sports if you have a real bankroll. this is exactly what Im saying in my previous post in another thread the key to stop addicted and chasing losses is to manage the bankroll.
Wheter we win or lose in gamble the emotion is automatically call us to bet more and most likely to happen when we had a lose streak.

The addiction and emotion will fueled our body to bet more if we have certain budget I believe we are gonna be fine

Well, this is a challenge for gamblers. It's not easy to remain consistent, especially when we experience consecutive losing phases even though we don't play every time or day. The 10% that we budget from our regular income is not enough to meet our needs when we want to have fun gambling. Sometimes, we ignore some important requirements to carry out a gambling session. If we are lucky, our money will recover or increase into winnings. if otherwise, new problems will arise afterwards. as a result, gamblers sometimes take the wrong steps. You could try betting the remaining money, or even looking for a loan. Once again I say, if we are lucky it means we will survive and it doesn't even rule out the possibility of producing multiple wins. but if it is the opposite, then new problems will arise due to our lack of discipline and control.

Well, based on what I said. sometimes we often take risks to increase and even the motivation is aimed at recovering losses. Most of us gamblers have certainly experienced this cycle, although it is not always the same in each case. there are those who are steadfast in their discipline, there are quite a few who are unable to express their desires. I personally, do not escape situations like this. Therefore, apart from us needing responsibility, if we can involve other parties, for example our wives, maybe we will have an alarm as a reminder to even think rationally again because our finances are limited and someone will remind us of our limits for gambling.