Bitcoin Forum

"Bankroll" is usually a term used in sports betting. From what I've read in some of the threads here, we need to be disciplined in managing our bankroll, typically betting only 5% to 10% per wager. So I'm curious: do bettors here really set up a bankroll first before they start gambling, or do they just gamble whenever they have available money?

Please share your experience whether positive or negative and what you learn from it.

Yep. I do setup my bankroll based on my preferred bet size. Example when I want to play live games specifically card game that has 1$ to 5$ minimum bet then I often deposit minimum of 100$ to have a longer gameplay that I will enjoy. Same with playing slot games with 0.1$ minimum bet size, I usually deposit minimum of 50$ to 100$ max as bankroll allocated for slot games.

My bankroll size varies on what game I’m playing since different games has different minimum bet size which is important to consider for bankroll size to avoid premature loss when losing streak hits you early.

I can still go up to 5% of my income for gambling but I do not think I can go up to 10%. 10% seem to high for me. Bankroll is very important but I almost not have any bankroll at all for gambling because there are some weeks that I do not gamble. But if I gamble at times, I only do not go more than 5%. In average, I do not think I go more than 1%.

1% is always the recommendation.

Having a specific amount to roll is like getting ready to lose that amount. You won't even regret it if that amount is lost in just an hour. So it's fine to have that limit unless you tend to suddenly deposit once again which means you are going to chase that loss.

But in the back of your mind, the possibility of winning the amount back is still possible. Would you wait for the next month to take it back or just deposit another amount, this would be playing in mind over and over.  ;D

As for me, not most of the time. ^{voted no,}

Though I do set up a bankroll sometimes, 90% of the time I just gamble whenever I have the budget. What I've learned from this is that when I don't set up a bankroll, I can easily decide to chase my losses, and I can prove that it's not a good strategy as I fail most of the time.

I guess it's really important to set up a bankroll. Just like running a business, you need to set up capital and try to grow it. So if we treat gambling or sports betting in this example as a business, we will be more careful with our decisions, and we will try to focus on long-term goals. This can only happen if we are able to protect our bankroll. One way to do this is to never chase our losses.

Well, yes, I always budget my gambling balance to how much I'm willing to risk. I would not go over it anymore so I would have control over my gambling habits. It's important IMO to have that so that when you are playing and lose all balance, it's time to really go home or close the browser.

It's a way to control yourself so it's nice to have that.

I don't actually set bankrolls for my gambling activities, I mostly just deposit some certain amount I guess would be enough for me to play that specific round and after that, I just take my winnings out and leave a little bit just incase I want to play later in the day. Most Gamblers prefer to set the bank roll so as to help them minimize their risk while gambling. It's actually a nice method for gambling. I can just decide to use 5% of my deposit to gamble and then when I make wins I take withdrawals and try again next time. This will help me just Incase next time I want to gamble but don't have enough funds, I'll just have to top up my balance.

Different people with different approach to gambling, this is the beauty of our diversity. But one thing is certain, without some level of discipline, a gambler will rarely survive because he will mot be able to properly manage losses and winnings.

I have my own rules on how much of my income I gamble with per month, how much a gamble with per day and the amount I spend per wager.  I also have my own paytern of managing winnings in such a way that i will not give back the money to the casino. This might not be easy to develop but the moment you realise how important it is, it will be done.

Yes ofcourse, setting bankroll before gambling allows us to manage our bets well.
It helps us to bet with specific amount and thus helps to win our desired targets.
I have noticed that I often lose more than expected when I am not starting with my usual bankroll.

Nothing guarantees you win 100% when you bet, for example: you have a balance of $1000, you bet it all in one bet on sports betting, maybe tomorrow you can rest, unless you make a re-deposit and start again.

Managing money when gambling is very important, in my experience if I have a balance of $1000 I will split $50 betting that I can do 20 bets in sports betting with different clubs, if it's a soccer bet, my chances of winning are greater than if I had to lose everything in one bed.

For me, bankroll is very important, not only in sports betting, other types of gambling using the Bankroll method are also no less important, for me this method is quite important, because no one can guarantee that the bets we place will win and be successful.

Of course I do set a specific bankroll before gambling, if someone didn't set it or fail to not gamble more than what they can afford to lose, they will become a gambling addict sooner or later.

Personally, I set maximum of 10%, so I will never gamble more than 10% of my monthly income.

You're believing in superstition, there's nothing like that for betting specific bankroll will increase your winning chance.

Well, I think that some bettors are on a higher level, meaning they know exactly how much they have for gambling, they even have some spreadsheets. But most of us play with available amounts, I guess sometimes we even overstep it... We deposit what we have and we play with that until we spend it or we manage to make more.

Since I like to play slots and in-house games chances of losing the entire balance are pretty high, so I deposit what I think I can spend in that moment. I don't ever think too much, it's impossible to do that with slots, we either have for the next spin or not, we are either lucky, or we will face long losing streaks and bonuses that don't pay anything, eventually that drain our bankrolls.

In terms of the amount I wager I don’t have a specific limit - I bet based on my balance. Sometimes I bet with just $0.1 in a single spin in slots while other times I can increase it to up to $5 depending on the amount I have left and how long I want to remain on the site playing.

There are times when you’ll just want to play and during times like that you’ll have to try to manage your bankroll the way it will last longer for you - like betting small or playing games that has you can keep playing for a long time i.e one that gives you the chance to win smaller odds to keep your bankroll from being emptied.

Bankroll isn't a new concept in the forum as it's constantly discussed in diverse ways in the forum. It is a fundamental  mechanism  in gambling responsibly, in as much as it's important in helping the gambler not to gamble away every available cash at hand so fast, not every gambler adhere to theirs. Some don't bother  having it.

Am quite sure I would have recked my finances by now if have been gambling all along without a bankroll. I don't  know how others gambling comfortably without a bankroll but am sure their experiences won't be a sweet one to be in.

It is a need as this helps us to stay within our limits and that also serves as our indication to stop when it reaches. But I see that most of us never do this or maybe they set some limits but still ignore them.

At least 1-3% of monthly income is enough. Spending more than that is not a healthy practice for me but that still depends on you OP. What important is that we are aware of our betting habits and we know ourselves that overspending leads to no good but serious financial concern especially if we keep doing this. We don't have to wait for it will compromise our finances before we take action and correct our gambling habits as we can no longer turn back the time.

I believe the OP 5% to 10% figure is regarding the bet size in proportion to the bankroll you set. I think 5%-10% is already huge amount considering that it’s for gambling only. I usually just gamble using my side hustle profit and never touch my job salary so that any potential loss in gambling will not affect my family finances.


This is a very informative piece of knowledge on how to manage bankroll properly based on the income. The percentages base used is pretty tight which is perfect allocation for gambling.

As a season gambler, any time I make up my mind to gamble, I usually set aside a specific amount that I wish to gamble with. I don't just deposit all my money to the casino, neither do I deposit more than the amount I can afford to lose. Even in the past when I was gambling so often, I still don't spend everything I had on gambling. Managing bankroll is easier when you knows that gambling in not an investment but rather where you are going to have fun and expect some profit that is uncertain.

I don't think it can be completely known because after all in gambling there are always two types of gamblers where there are some of them who always apply caution and some others are those who always take various actions without any consideration and prevention which is simply put they are gamblers who are already addicted or who have a significant level of interest in gambling which means that I believe that it is very unlikely for them to think of anything that can minimize the possibility of losses such as setting a small bankroll before starting their gambling.

And maybe I will also say honestly that before I was one of those gamblers who did everything without direction and without any consideration but in the end when I experienced various adverse effects especially losing large amounts of money in the end I changed my approach to gambling by minimizing the amount of budget I bet.

Yes, I do.
Actually, in this Finals game of the NBA I only set $20 per game in the series, and after that I won't even bet on anything anymore even though I have knowledge about other sports.
Also, I am not changing that amount even though I lost 3 times in a row. I know there are gamblers who would try to chase their losses and let's say they lost 3 times so that's $60 which means they will put that same amount when the next game comes. I don't do that. I stick with my planned budget at each game and hopefully make more before the series ends. Sometimes I do try leaving $2 and use that in making the same game parlay with player props.
That $2 cut was from the $20, so that leaves only $18 for the bet of preferred team.

It is a must and an obligation so that we can control the way we play/money management including our emotion.
Usually I always use 33% of the bankroll to bet a single bet on sports, if it win I will bet again for 33% of the bankroll + profit from the previous bet.
If it win again then the next bet amount is 33% bankroll + profits from the previous 2 wins and if it lose - always back using only 33% of the bankroll.
This is usually called a reserve martingale and I think is better than the martingale system.

           -   It is important that you set up an amount in your bankroll because once you get used to it, you will definitely become a responsible gambler, and it is unlikely that you will become addicted to gambling because you train yourself to control what you do. you while you gamble.

This is what most gamblers don't do; instead, they should do it every time they gamble in a casino. Believe me, if all gamblers do this, there probably aren't any addicted gamblers. That's why it doesn't happen to most people; this is the reality that happens in the gambling industry.

This is just thesame question I asked in one of my posts. From the replies, it is obvious people obvious set specific amounts in their bankroll for gambling. For those who are passionate about gambling, I think it is the right thing to do inorder not to exceed their budgets and live in debts. I do not allocate certain percentage of my income to gambling and I have had no issues with it. This my style works for me because I am not a regular gambler , I play bets once in a very long while and rarely visit online casinos. I cannot compare myself to regular gamblers who are trying hard to stay safe with their gambling activity. Any gambler who knows how to protect himself from gambling problems should do so and take it serious.

In the past, I personally don't set any with my gambling budget I just place bet as long as I have money but as time passes by I learned that if I am not gonna set my limits I will be losing more. It was actually based on other gamblers experience and of course mine as well and it took me a lot of time to think of that until I realized that I really need to change my habit or else I keep on losing more.

I am not really a sports bettor but setting aside a specific amount for your gambling habits is a great way to manage your money and how much you gamble, it also reminds you that you have to stop when you have lost the bankroll you have saved. if you ask me, setting a specific bankroll for your gambling habits should be spread and followed by a lot of gamblers. it is also a great way to follow the rules you have placed on yourself when gambling.

It's funny you mention bankroll management, because it's a concept that applies to life in general. Time, energy, and money are limited resources that everyone of us has, and how we divide them up influences how we turn out. In gambling, your bankroll is your lifeblood. You're out of the game without that

A bankroll is a reflection of self-awareness and respect for the game as much as discipline. It's like knowing your limits in a fight. You wouldn't jump into a fight training and a game plan, right? Gambling is no different. Your best bets for survival and longevity in this game are to know your money and stick to a percentage per wager

I don't play sport betting anymore and I believe I am not doing the right thing.I do plan the bankroll and keep playing it in the slot games but unfortunately when you play slot machines there is this big problem that even when you win big the greed instilled deep in our DNA as humans makes me continue I lose it all the money.I am going for the big hit but going for the big hit can totally destroy you yet I love going for it as when I will finally hit that with a big bet my life can be changing over,of course I am dreaming to hit that x300.000 max win in the games that offer it,like that song says maybe I am a dreamer but I am not the only one.

So yes even when you set a bankroll if you can't control your emotions it is worthless,you are going to lose the money anyway.

If I try to look at it in general, the answer is subjective to each individual and it all depends on what a person's habits are with gambling. for example, there are those who do not apply the fixed concept at all when conducting gambling sessions. On the other hand, quite a few also have the habit of preparing a bankroll that they will deposit before carrying out a betting session, especially for those who are not tied to just one casino. However, if I observe in the community, it seems that most have set a bankroll that they will deposit when they want to have a betting session.

For me personally, the answer is as I said at the beginning. It's all subjective, depending on when I'm going to have a betting session. especially if we talk about sports betting, where sometimes we will budget certain funds when there are important, crucial matches or certain events. so in principle, it all depends on what the situation is especially if we talk about sports. However, usually we will budget a fixed bankroll for each betting session on normal days. Sometimes in sports betting it is unique, where we will budget for several crucial bets which are usually only on certain events. Well, that's more or less a small overview of my gambling session activities.

I don't set up a bankroll on my bet account, I only gamble whenever I have money and series of games I've outlined to play for that week, hence there is no money available with me I don't bother myself. If you  bankroll or there is an available balance always in your account, it will always pushes you bet, even games that ordinarily don't have favourable odds, and for me, that is not a healthy gambling lifestyle. One issue that comes with bankroll is the discipline involved to not go above your limit, however upon predicting series of games, you might find out the percentage you always use is not enough to push up the odds for you to win big, then you see yourself adjusting your own limit as against your initial plan. but then every gambler has his own pattern but bankrolling is not my thing.

I do have a gamble budget which I always cut out from my income when I get paid at the end of the month. I only use 3% and sometimes 5%. This has helped me to gamble responsible and also to have self control over my gambling activities, because whenever I exhaust the money I don't gamble until it is refilled at the right time.

I also have a time limit for my gambling activities so that I don't get carried away with the fun incase I am winning. The moment the time elapses, I stop gambling no matter if I am winning or losing. It is a good practice which is working for me to reduce my losses.

At least to me setting a bankroll and how much you are going to wager on each bet is not really optional, and this is because if you do not do it and you do not keep a strict control over those amounts, it will not be long until you let your emotions to take control, and when in that state it is easy to make bets that are too high and lose too much money, and since that is not a desirable option, then we have no alternative other than to keep a tight control over our bankroll.

I don’t worry about a bankroll. I’m not trying to build wealth through gambling. I typically just toss out a bet with money that I can afford to lose so it really doesn’t matter what happens. I get to be entertained either way. I think that’s like the first rule of gambling. Don’t bet more than you can afford to lose.

Certainly! there is a set budget for various gambling games for the quarter, which is approximately 5% of the monthly salary and which I can freely play. If there is a profit from the games,then I can continue to play for that amount without reporting my money to the main bank allocated for the quarter.
This scheme allows you to stay within the planned budget.

Well I do set an amount I would be engaging in gambling. I am fully aware that losing is most likely to happen which is why I always tend to manage the amount I might lose in a single sitting. One thing that highly affects a gambler with his bankroll decision, is emotion. Greed, frustration, and regrets would push you to bet more than what you can afford losing. Not setting an amount will make you mismanage your gambling patterns. You won't be aware of how much you are losing and winning. But this is not a requirement however you will be needing huge discipline of not crossing your boundaries or risk appetite. Some are subconsciously aware which makes them still good regardless of not fully tracking the amount they are spending on gambling platforms.

well, I have a general bankroll: it means that I can't loss more than this amount. it's valid for each year and it's always evaluated.
likewise there is always a budget for this expense but ti change basically on other activities not gambling related.
Most of the times I have a specific limit/amount for a single event. But this not means I can even bet more (of course according main bankroll).
certain kind of games have 0 budget... or literally few cents of USD per year... (mostly casino/lucky based games)

Yes, I do that. I usually send the money to gamble right on the day when I want to do it. If I have $50 to spend I will send that to my gambling account. If I win, I'll withdraw on the same day, if not, I will wait for the next time I want to play before depositing anymore. That's one of the rules I follow to the letter. Sometimes I feel the urge to send more money, but I always manage to resist it.
Once you start sending more than you want to spend just in case, you'll end up betting it all with no control over the bankroll, so it's much better to have limits established before you even start to gamble.

Bankrolling is essential to avoid over-gambling or gambling addiction. I don't really set up a bankroll every time because I have a plan that guides me and I strictly follow it. 5% is ideal for me because it suits my budget and won't affect my finances negatively. Nevertheless, it is advisable to set it up always to avoid loss chasing.

I think you are very correct but some people keep so much funds in the casino and need to set limits. The ideal gambling behavior is to put in the sum you can afford to lose because gambling shouldn't be seen as a source of income.

I have not a regular gambler because I am always busy at work, so whenever I want to gamble during my free time, I just gamble with an amount that I feel is cool with me to use in entertaining myself at that moment. However, if it is when I am less busy that might make me want to gamble more, I will make a certain amount of funds available for my gambling, so that I don't get carried away while gambling. Financial management is very important in what you love doing daily or weekly.

A gambler who doesn't have a decent amount of budget for his gamble activities end up losing what he won't be able to feel comfortable with. Gamble can be a thing if fun when you are gambling responsible and when we mean responsible we mean a reasonable amount that won't affect you when you even when you lose it. Some gamblers feels bad when they lose money on bet because they don't have a decent amount that they feel comfortable with when they want to gamble.

I have been on both of the sides and I can tell you for free that setting up a bank roll before gambling is a life saver. The benefits is true numerous to mention. As soon as I started it, my decision making process when it comes to betting improved because it meant the I have to think critically and do my homework before making any decision to place a bet particularly in Sports betting. Secondly it has reduced the unpleasant emotions that accompanied the loss that comes with gambling which is inevitable. I find solace knowing that I stay within my financial limits and no urges to chase the loss.

I don’t know about others but in the case of redepositing after I’ve used all my balance I’m able to control that one - most times I don’t even feel the need to go on with gambling, the thrills and vibes and I had initially dies off as soon as my first deposit gets exhausted. The only thing I know I still struggle to resist is the urge to not continue gambling when I still have a balance in my account or when I win and refused to make withdrawal - there’s always a high chance that I will go back to my account and use everything again till it gets to zero or if I’m lucky I’ll win more.

For me I dont just gamble when there is an available money. When I receive payment I will set aside the important money I needed to use for family consumption and my bitcoin accumulation, before keeping the little amount left for gambling. And not all the time I keep such money afterall the gambling site always warns people to gamble replsponsibly.

Like I said earlier I gamble what I can afford to lose. I don't gamble often, I gamble sometimes and also don't gamble sometimes, otherwise it may Leed me to addiction and causing a negative impression.

Not only in sports betting but I also heard the term being used in casino games. Managing and Disciplined are two different words but can come together. You can't manage something if you don't have a discipline. 5% seems a bit high for me but I usually bet 5% of my bankroll. This can still increase or decrease if I have the urge to increase my bankroll.

I also always plan ahead if how much bankroll I will use because I'm trying to make a profit too, especially if I'm lucky and I think I can increase my chance if I strategize really well. For those who are only doing it for fun, pretty sure they will just throw away whatever amount they have left from their salary for example and then their betting size can fluctuate from time to time.

 Reflecting on my previous experience, where I once ran out of money just to place bets and play gambling. Because I don't want this to happen a second time, and on the other hand, I haven't been able to stop the habit of gambling and placing bets. Now I always try to be a responsible gambler, who always sets limits before playing. For the first time I found it quite difficult to be able to respect every decision made and adhere to the limits I had set for myself, because the temptation to continue gambling and placing bets was always there. However, as time goes by, and also reflecting on other people's experiences, many people have had their lives ruined just because of their stupid behavior in gambling. This makes my determination stronger on how to control myself and my gambling activities well, because if I don't evaluate and improve myself as soon as possible, maybe I will have the same fate as them.

For the budget problem actually depends on what and how exactly their goal comes to gambling, if for example their goal is just to seek entertainment then I think the amount of 1 - 5% of the budget is sufficient for their gambling activities, and if they always feel insufficient and always make deposits continuously it means that their goal of gambling is not to seek entertainment but to seek income which when losing usually that's what will happen in the sense that they will continue to deposit in the hope of returning something that has been lost or applying greed to get a bigger amount. On the other hand yes as you said gambling can be fun provided that we can treat our gambling activities according to our capabilities especially in terms of budget allocation and not risking amounts that we cannot account for. Regardless, in the end, gambling responsibly by not taking actions beyond your means is the best approach.

Do you you mean to monitor forum users gambling bankroll or you want to get the best gambling bankroll from users experience I just wonder what your curiosity is about. Lol.

Okay let us keep it going, we consider gambling budgets based on our bankrolls and our incomes to draft responsible gambling so it it does not after our financial personality.

I do not think if there is a specific % of income that should be stipulated for gambling. That is basically depended on individuals. Some persons can decide to budget 1-4 % while others could be 5% and above so the lyrics is that.... Gambling responsibly so that it does not affect your bankroll.

Well if am to be honest that I believe from my end of gambling, I usually don't set any bankroll whatsoever for me it's all about the moment and whenever the available funds that am willing to spare is set then I dive into gambling it because for me that have learnt the hard lesson about gambling, I wouldn't want to place myself in a situation that would bring back my past experience.

I don't know about other gamblers but for me personally, I set up a bankroll first before I engage in gambling, and this is due to how delicate and addictive some games can be, whereas when you are playing, you will or may not want to stop until you have Completely exhausted your bankroll, setting up a bankroll that is specifically reserve for gambling ensures safety of your other funds when playing such types of games.

For example, there was a week when after getting paid for the week for my ad signature, and since we are usually paid directly into our stake account, I decide to play some games with part of the money, but I ended up spending the entire amount I made for the week; on games and ended up losing everything after a few minor wins.

So, setting up a gambling budget helps to ensure that you are not left totally broke after gambling and maybe losing your funds.

I do sometimes gamble without getting to my actual budget, sometimes under and sometimes more than my actual budget.

It happens rarely do and at most times is what I do is to set an actual budget for it because that's what's been working to me. And I follow the rule about gambling what I can afford to lose.

So, if any regret comes or a losing streak strucks me. I'll have no issue with that as I only gambled with the amount that I can afford to lose whether it's more than sometimes my budget. So, more of emotional acceptance when that bad moment of losing streak comes.

This measures how discipline we are in gambling. A bankroll should be intended for a certain period or a session, if we lose it, then that's it, no more deposit as we will only experience another loss which might only bother us more, we won't have a peace of mind.

I guess we are the same, but like I said, if we have discipline, we should be able to control ourselves and continue to play based on the game plan that we made before we completed that bankroll we set for long term gambling.

---

Update for the vote , 68.8% voted yes. That's good to know.

Of course, on which at the moment that i would really be tending to gamble or make up some bets then pretty sure that i would really be allocating a certain amount for such sessions.
I wont really be tending on having that open amount or something that will really be depending or according into my feeling or emotions before i do make stop. Having those kind of limits will really be that
making you do able to stop specially on the moment that you would really be losing rather than on having that no limits on how much you would spend then it would really be ending up on a disaster.
People who dont care about on the money that they do have on that point are to those usually who are rich or they are confident that they do have funds to play on but in the end whether youre
rich or average gambler it would really be that ending up on the same results if you arent that careful on this case.

Setting limits would really be always the key for you to make yourself that being safe from such addiction and too much spending money in gambling.
This might sound simple but this one is really that mainly needed.

It's actually for your gambling fund whether it's with sports betting or casino games.

With what I've seen the most, it's 5%-10% of the salary that shall be taken out as good as the bankroll. But from that, I guess 5%-10% per wager is going to be fine as well if the amount is going to be taken from that actual bankroll from your salary. Whichever works to you with this kind of allocation, stick to that. If you're not a severe addicted gambler and you still see these percentages and you're able to manage your bankroll properly, that's the best that you can do for yourself and as a favor as many gamblers talk about that but can't follow their own allocation.

It's best to setup yours. Because you'll never know what's coming on your way, if you're a gambler that don't setup bankroll and you have gambled all of your money and an unexpected event comes to you that you need money, how are you going to react with that? you'll take a loan for which will get into you with another problem again.

It's only sometimes that I set up my own bankroll, even before going ahead to fund my betting account. In most cases, all I do is set up this particular amount because I want to use it all for gambling today, and I fund my account with it.
 
How I wager it on each of my bets is no longer calculated; sometimes it's all based on how my spirit leads and the type of game I chose to bet on that very day. I can place bets on some games with a higher amount and some with a lower amount until I'm done with the thing.

And that bankroll should be the limit. Speaking of bankroll, we have to ensure that we are putting in a decent amount. If it's just a small bankroll intended for one session, we might end up refilling it every time we lose. That's not good because we might get tempted to gamble beyond our limits.

Our bankroll should be something we really value. When it's a significant amount of money, we won't gamble without making an effort. We will make sure that every time we hit that "bet" button, we have full confidence in our pick. Additionally, with good bankroll management, we will make bets based on quality, not quantity.


Maybe it sounds easy but hard to do sometimes.

In my opinion, we should all have a maximum limit of money that we are willing to use in gambling, but this maximum limit that we are willing to use in gambling should be set after we have made calculations of how much money we need to pay for all our bills, and when we pay all our bills and actually confirm that the calculations are correct, after we also look at how many things we want to do for fun and how much money we will have to spend on each thing, and when we can take the money out for gambling and which will be the maximum we can spend on gambling, I believe that good money planning is necessary for people who only depend on their salary at the end of the month and it is the best option so that they do not gamble with money that they cannot afford. afford to lose, in my case for example I have set a maximum limit of money per month that I can use to play

Majority of us would really be having that kind of approach on which at the moment that we will really be that tending to make some deposit into a gambling site then it would really be just that
normal that you will be thinking on how much you would be putting up on a gambling account. Neither you do have the extra that you can put on or would really be just that tending
to have that kind of consideration when it comes to funds that being deposit. It is really just that depending whether you do add or not.

People who do usually get messed up their lives at the moment that they will really be having that kind of impulsive approach on the moment that they would be losing all of their
initial deposits on which on the moment that you would be finding yourself having chasing up loses until you would be losing more.

It's not something that's adopted by everyone, but it's better that your habit is under control, which will make you not extravagant when wagering -- it's called discipline!

You run into trouble so many times as a gambler because you tend not to understand that no matter how real it may look, it's not real until the "reality" in it is made to clearer than just seeing a couple few bucks on your tickets. In that case, it's more profitable to wager on plenty of low bets, than a single bet with high stakes... Remember, always wager with what you can lose! "I've seen several bets with high stakes fucking up in dying minutes to the end"

If you want to keep your gambling at bay, better set your limits even before you enter a casino or access your online gambling account. It can really help you in cutting your losses or not being too deep in gambling. You will surely thank yourself for not spending too much as it can easily ruin your budget if you don't know how to stop your game.

I voted for no, I usually don't go and look for the numbers, in my opinion. I just play and control myself when I played, although it's really hard to do, specially after a couple of minutes that you are so unlucky, that the initial money you played have been swept away, you will also think that you want to deposit again and go and recoup what you have lost.

But I will said to myself that enough is enough and I will no longer play that time even if I have money still. But for those who set like 5% or 10% and have a budget, then good for you, I just don't what to make my gambling complicated.

Absolutely.  For me it's the only way I gamble.  Set the amount I'm buying in with and setting my taking out amount.  Both are important if you intend of coming out with profit.  It helps with limiting your downside risk of losing all your money.  If you don't you have to make a decision everytime you are left with no money.  Add more or walk away.  So easy to Chase loses.

I think that the second case is either an addiction or close to it, since spending free money on gambling is the same as losing it. It seems to me that any normal person (without addiction) thinks about the budget for this entertainment (relative to his total income and expenses) and does not allow it to exceed some insignificant percentage of income.

If someone wants to go in a casino and wager their entire bankroll in one dice roll or blackjack turn... Then whatever, it's their choice. They would very well lose it all in one go, but if they can afford that to me it's no problem at all. Some people think that if they win big they'll lose it all anyway. Some consider it unhealthy to spend a lot of time in a casino because there also other vices exist such as alcohol.

But also some people think that if they're not lucky upon their entry in a casino it's not worth to stay there at all. So props to them for playing with their own style. Not everyone sees gambling as a way of spending a lot of time to enjoy. So I don't think we need to be judgmental to the way others play. Whatever works for them so long as it's not affecting them negatively outside of their gambling is ok.

I always use some form of bankroll management because, in sports betting, it's easy to lose your gambling budget in minutes and not having one could cause you to be greedy and lose more bets. If you lose your deposit faster than expected, you'll sometimes be encouraged to spend more only to refill your balance. Also, as the others mentioned, you'd even get the urge to chase after your losses, and it can get pretty bad real fast if you struggle to control yourself.

I always define a limited bankroll size before starting my gambling session, because that is the most essential guideline you have to follow when gambling. Without following this rule, it's not going to take a long time until you find yourself in a big mess... When you set up a bankroll, you are actually calculating how much money you can afford to lose gambling, and how much money is going to remain for another activities of your routine.

Then inside the gambling bankroll, you will also manage the size of the bets you are going to place and for how long you wish this bankroll to last, more or less. If you do this successfully, you aren't going to lose control over your funds on long run, consequently not becoming a degenerated gambler.

Not all gamblers think the same, some don't bet unless their bankroll is up to their expectations and some try to bet with whatever amount they have. I feel bad about betting with small fractions because I know that even if gambling wins and losses are based on luck, gambling with amounts that won't change my winnings has no benefit. So I think I should bet an amount where I can enjoy my winnings immensely if I win. After one win, there is no guarantee that I will get another. Moreover, I have seen some other gamblers who feel that it is not easy to increase their bankroll by winning over and over gambling unless luck favors them that way. But if I can take big bets then I can dream big if luck favors me.

Although I don't speak for all, as always, in this forum as a community, you will always find the good, bad and ugly bettors, so the answers to expect will reflect the same.

Regardless, whether we are using percentages to measure it or wager randomly, what matters is for us to avoid gambling addiction and be so responsible in our finances. That said, my answer in this context is No and Yes, and I don't intend to change that any time soon. This is because it is not by using any percentage to judge it perfectly but for me to only gamble with a plan. And for me, my plan varies and this mainly depends on whether I am betting on sports or casinos.

Besides, insomuch the amount is affordable by me, I gamble it in a way that will not hurt me if I lose. I could be fixed or random about it but will ensure that I keep to a reasonable budget and management based on the plan I opted for at that time.

Definitely do and other should definitely as well. It just helps to set certain limits when doing stuff, no matter what. Especially if you consider how gambling can be an activity where emotions can run really high, so your judgment can be really clouded at times, so limits really help in controlling that. Sure, you can say that you can just deposit more since it's your account but ultimately that's on YOU to acknowledge and play within the limits you yourself set. Not really something others can have a say for the most part.

Playing without limits just make it harder really, and it doesn't really give you any idea in the first place to what is your limit in the first place. Setting up my finances when doing allocations definitely helped me manage my funds in general a lot more.

In my opinion, a fairly good bankroll limit for a series of games per week is the figure of 3-4% of weekly income. Most often this is a relatively small number that will allow you to have fun, satisfy your gambling instincts, but will not allow you to lose too much money. Yes, I choose to set bankroll limits before playing. It's a lot like learning to fly an airplane before you get on it. Risk always requires a responsible attitude.

Determining the amount for games in advance indicates that a person knows how to allocate his budget. It doesn’t matter what amount of the deposit, but having a limit and learning to stop in time will allow you to continue your games for as long as possible. Games based on emotions, when the entire deposit is lost, will only create erroneous bets and naturally bring more stress than pleasure from the game.

If you have a big weekly income, you'll be able to raise a good amount of bankroll. So, how about bankroll management? What percentage do you use per wager? For me, it's important to have an amount as my goal for winning and then set up a bankroll that is realistic enough to achieve it with a certain winning rate.

Let's say my goal is to win $1000. I would set 50% of that, which is $500, as my bankroll. When I turn my money into $1500, that could be it. I'll consider my sports betting journey a success. It's really important to know when to stop, as gambling every day or all the time is not living a balanced lifestyle.

Well, It's best to gamble using a set budget and be strict not to exceeds the limit. Because in gambling it's a must to have discipline when it comes to the money that you're going to use for playing. Money management is crucial so that you can control yourself to follow your set boundaries. In my case, I usually gamble after payday, when I already set aside the budget for essential needs. When there's left (though often I always allocate for my leisure) that's what I use to gamble. So obviously it is not huge but good enough to have fun.

Yes, absolutely well. Its because I learned from my previous mistakes related to gambling, because before I became too addicted to gambling to the point that I stopped thinking about the expenses and ended up using some of my salary. The worst is that I used my one whole cut off of the month for gambling, and sadly, I lost it all. From there, I became more aware of what was happening, and somehow I learned to limit and control my gambling. So now, before I gamble, I should have allocated funds either from my salary or from my other extra income. In that way, when I lose all the allocated budget I have for gambling, that's the time when I will stop gambling and wait for the time that I can have another set of funds that I could use for gambling. And I think that is important for those who can't afford to lose a huge amount of money.

The votes stand for YES but i knew many of my friends not setting bankroll before playing instead they are deciding while on the game already and also most people that I knew who loves sportbetting are  usually betting in their favorites so they care nothing about the bankroll as long as they are enjoying the games they are betting.
Because you are a responsible gambler mate , and you knew what will you face if ever mishandled the gambling and this is what we have seen over the years here in
gambling section when one losses because of greediness.

Some gamblers will manage their bankroll but some other will not manage it because they don't thinks too much about bankroll. A wise gamblers will set their bankroll when they playing gambling because they don't wants to lose much money in gambling. They will always take care of themselves, especially their money because they knows that their risks will becomes bigger if they use more money.

I have bad experienced on that in my beginning playing gambling but I realizes that is only gives me big lose so I decide to reduce my lose by manage the money I used. That works for me because I can limits my money that I use to playing gambling and until now, I still trying to limit my money and time to reduce the lose.

Yes, of course, because after all gambling is a risky activity where the level of risk can be very high if a gambler cannot manage and control his gambling activities according to his abilities, one example of which is, as you said, by minimizing the amount of budget that will be bet, you or anyone can win with any amount, but what we have to remember is that winning is nothing more than a "chance", meaning that the possibility of losing will always be something that is certain to happen and this is why a gambler is always prohibited when he wants to act excessively.

Management is something that must always be prioritized as you said, and especially if it involves money and from what you said about your approach to gambling, you prioritize setting aside some money first to cover all your living needs. when you get paid it is a good idea, because after all gambling is not something that should be forced, simply as long as you are able and as long as you can be responsible for your decisions then go for it.

Although we consider winning and losing in gambling entirely up to luck, there are certain strategies that, if maintained, make it easier to manage gambling properly. And one of the important things among them is money management. When we talk about money management, gambling bankroll management will be mentioned again and again. In gambling I try to pay close attention to the bankroll as it controls my spending levels to some extent. There are many who use their betting money according to the bankroll. When I have enough money in my gambling account I will place bets accordingly. Therefore, bankroll management plays an important role in gambling.

Setting a bankroll is a method that must be met so as not to overdo it and spend it all, I always do that. When experiencing a losing streak it will save you from bankruptcy, but when you win it will provide a positive ROI. In addition, it is also important to set win and loss limits. Determine the amount of winnings that will make you stop playing and withdraw some of the winnings. And set a loss limit that will stop playing and avoid losing more money. If you do both then you will gamble more safely.

Everyone makes mistakes. The key is that you are learning and becoming wiser in your financial management. That is wonderful. Creating a budget specifically for gambling? Smart action.

Gambling isnt a retirement strategy. Though its exciting and pleasant, its not where you shape your future. Your head is on your shoulders really nicely. Take advantage of it. Consider various approaches of increasing your wealth. Perhaps speak with some financial professionals; they know a bit about winning.

The aim is to be set for life, not only to have pleasure. You've got this.

Yep, one more thing about bankroll management is you can make yourself have more control and have a slowly but surely type of betting. Most of the time, we have this uneasiness and having a rush feeling especially if we have a consecutive losses in our betting, and most gamblers starts to increase their bet without thinking until they no longet have enough balance.

To avoid such scenario, this can be helpful to anyone. Even I is also doing this ever since I have realized and learned from my past mistakes.

Allocating a budget at a specific level is a very powerful preventative, especially when we are too swept up in the game and cannot know how much money we have bet, such budget allocation aims to make us more calm, it can be understood as a safety barrier for people who are prone to rapid changes in emotions and lack the element of alertness in gambling. But even with such a strategy, the golden hand is still several steps faster, somehow many people still expand their budget even when they already have a specific number

Banlroll is not just limited to sport bettors alone, even for a casino player bankroll management is a very important practice and more than a sports bettor cause in casino everything happens instantly so it won't take too long to bust your entire balance and if you have deposited more than you supposed to do then you will suffer later.

Still, I voted NO, because I don't set a specific amount from my income to gambling I just do it whenever I want to which helps me to keep a balanced lifestyle between my gambling activities and financial decisions.

I think that only those who have won the jackpot can afford to retire from gambling. I mean a one-time prize, which will last for a lifetime, with a calculation in the order of 500-1000 dollars per month. It depends on whether the gambler has a family, or whether he has his own apartment. I don't even consider other ways to retire due to gambling.
Gambler cannot win periodically and win on a regular basis, while receiving winnings at the casino. The casino always wins in the end, at the expense of commissions.

Therefore, you can not count on stability with this type of earnings. You need a business or a basic job, or savings in cryptocurrency.

There’s a lot of jackpot winner on lottery that won big became poor again after few years since jackpot winners usually full of greediness to earn more that’s why it’s very hard for them to be contented.

As a natural gambler that won huge amount. It’s almost impossible to stop gambling when you already have the taste of winning big time. Maybe gambling using less bankroll but totally retiring is almost impossible.

So far there’s no news or only very few that manage to retire successfully after winning jackpot.

I do, definitely. But i also know beforehand when i have money available, so that might seem like i am gambling randomly if have money. I am not sure what you mean by "5% to 10% per wager", but i might gamble 1-2% of my monthly income after all necessary expenses. So it's not a lot.

I do use bankroll as i know myself already and how i behave if i don't follow my own rules. It's for my own protection even though i need to remind myself of that from time to time. But it's pretty much now burned into my brain, that i can't do any new financial decisions in the middle of month and give myself more "allowance" for gambling. There's addict inside of me and it needs to be controlled, or it will ruin my life like it has tried to do many times.

Tight budget makes me also feel secure and ironically more free, as i don't have to think and worry of consiquences of my spendings. But i can enjoy freely in no-harm zone, if i don't cross my own direct guidelines that i have carefully designed for myself.

It's almost impossible to have experience a big win in gambling and still maintain the same staking power or bankroll when betting and this is because the moment that money hits your system everything entirely changes and start aiming hire and bigger just because you want to get that winning or amount back and that's when the need to increase your staking power will come into play because it's gonna be all what you are thinking and that's hitting or winning that same huge amount or even something bigger.

You are correct and that is why it's always a better way of gambling to have a gambling budget, it will help you avoid a whole lot, such as not turning out greedy, not also spending irresponsibly and more than you can afford to loose in other not to end up gambling recklessly in the bid to probably recover that which you had lost gambling. Some gamblers do not employ their method because they believe they have been able to get to the point where it doesn't really matter as they know how well to handle the situation until it does turn against them, although some of them are actually able to maintain that style and not really have challenges with it but I still believe somehow there will be a set target in their mind which they would want to reach except for some cases where it then turns out they become greedy probably out of the fact that they have been able to win multiple times, they begin to think they can still try again and be lucky. Gambling with a bankroll Always remains the best options and most responsible way of gambling.

The strategy to playing gambling is how you can manage your money to be used to gambling. If you can manage your money properly, you will not lose too big money and you knows when you must stops gambling before you lose much money. Setting a specific bankroll before gambling is important so you don't break your limitation and you can enjoy your gambling time.

While you playing gambling, you can see how much you lose and can thinks clear that you don't have playing gambling too long. You just playing gambling based on your bankroll and not force yourself to keeps playing gambling, especially if you already lose some money. You will thinks that gambling is only for have fun so you can limits yourself by always counts your lose and stops playing gambling immediately. It needs practice so you can knows your bankroll that you can use to playing gambling and that's worth to keeps trying.

Every time, without exception. I always have a limit and I deposit that money once a month and I never gamble more than that. I know that most people may lose control and end up spending more than what they initially wanted, but it has been exactly 8 years last month that I have not wagered a single cent more than what I decided, that's it.

Every month, I deposit a money, and sometimes I lose it quickly because I get unlucky, then I end up waiting all the way until the next month and not spend a dime, sometimes I do win big, and I just keep gambling, it has happened many times where I just didn't deposit money for a few months because my win allowed me to gamble a few more months without depositing. I just keep going with that method for sure.

I personally understood what a bankroll is and how to manage it a long time ago when I started my journey in poker. In those ancient times, I studied a lot of theory and spent a lot of time studying the bankroll. The fact is that poker players have strict rules for increasing their bankroll, and it depends on the skill of the game and the limits, you've probably heard about it. In general, when we just start playing and we have a weak level and the player gradually increases it, he increases his bankroll and can move to other, more professional levels of the game, where the players are also stronger. Accordingly, the influence of dispersion increases and we need a large bankroll to rise even higher, if our level of poker play allows it.

I want to say that you need to have a very strong discipline in this, and I was able to stick to these rules for about six months, but then I started playing without following these rules and ended up losing my entire bankroll. I think those who know how to follow such rules in poker and are professionals, this is very difficult to do, I checked it on myself.

It is difficult to have a regular income if we take it or do it on any online casino gambling platform. Because it's just luck to really win here on the casino platform in the crypto space.

So it's only right that if you are a gambler who gambles often, you should have at least a regular job because if you don't have a bigger problem, others might do something
bad in the end just to be able to gamble.

of course as a responsible gambler , though when I started gambling I dont really know about this  not until i become bad  in gambling, and now i learn my lesson so only putting specific bank roll each time I wanna gamble .

be responsible , use bank roll set up guys .

Responsibility in gambling is a skill that is always recommended to be possessed by gamblers, because after all, with this ability, they will most likely be able to avoid the possibility of losing large amounts of money, but yes as we know that the majority of gamblers are those who are always difficult to apply these abilities in their gambling approach, and I would say that one of the reasons is because usually from the beginning they are too tempted or too focused on winning, so in the end they always take various actions that tend to be excessive because they are always chasing big wins.

And obviously with such an approach and mindset it will certainly be very difficult to be responsible for the results that will occur at the end of the session, especially when you experience defeat, after all gambling is an activity that should not be overly prioritized because there is no certainty and any guarantee to always be able to produce victory. This means that losing can cause emotions and regret when you gamble excessively by using a budget that is too large, so because of this we are always advised to only bet small amounts because it is an amount that will be easier to account for.

Obviously many gamblers deposits money into their betting account before they start gambling, which means they dont deposit all their money their savings on it, it's only few gamblers that deposits all the money in their bank account into their betting account, and they lose them all. However gamblers who don't gamble responsibly end up losing everything they got, as a gambler you need to gamble responsible because a responsible gambler don't get addicted to gamble easily. It's good to hear that you leaned your lessons and know how to gamble responsible.

For me it depends on what type of betting/gambling I plan on doing.  If I'm planning on logging in to a casino and playing say roulette or black jack or poker ( Texas Hold'em is my favorite game of all time ) then I will just take a portion of my bank roll and know exactly how much I have to lose.  When it comes to NFL football season, it's a totally different ball game for me as this is my favorite sport by far, and the one I know the most about, so I up my bank roll during the NFL season, but only for NFL betting.

Well, sometimes it really helps to avoid unnecessary loss, just in case you do lose. Setting your bankroll is like setting a stop-loss. Both are about controlling risk and preventing unnecessary losses. But even when I set these kinds of limits, I always disregard them when I'm enjoying the game. You know, when dopamine hits you forget everything you set.

For sure majority of us would really be having that main consideration when it comes into depositing money into the casino or betting sites on which we would really be having that specific bankroll that we would really be starting on. The only difference on here is on how good you would be on controlling yourself on not to make another deposit on the moment that you would really be losing up money. The only issue on here is that
you wont really be that making be able to get out when you are in profits or simply that stop on the moment that you are losing that much. It really just that a standard thing that you should really know on what you are doing and having that kind of moderation in terms of finances because people do usually mess up their lives just because they had just  forgotten on doing the basics or simply cant be able to control themselves.

On the moment that you do play or make up some bets then it would really be impossible for you not to be able to find out whether you are profiting or not. Midway pause or stopping
is the hardest challenge that we could really be able to experience and most people or gambler do really fail on this one.

Exactly, meaning that setting a good plan in your gambling activities does not mean that you really make you avoid completely from bad possibilities. Humans are social creatures and they have different feelings and personalities, some of them are easily provoked in the sense that they easily get emotional or upset when they see or know anything that is not to their liking in any case, and there are also some people who have a high level of "forgetfulness" in themselves. Although implementing a plan that leads to limits will always be something good to be used as a prevention tool, but on the other hand of course there will always be certain times for you to get out of control for various reasons such as forgetting the precautions that you have previously prepared unconsciously which is also not only influenced by habits that have been integrated into the personality such as forgetfulness or easily emotional because of the slightest thing, but also increased dopamine levels as you said it can also be an initial trigger for actions that are not recommended. However, implementing a plan that leads to prevention is always better than nothing.

yes that is a normal thing when you are newbie in gambling most specially in online gambling that we are not knowledgeable how much risky and addicted this area comparing to physical casinos .
but knowing all of those what I do  believe is that if we have a mentor that guide us since day one? for sure we will never fell from that mistakes of not setting our bank rolls but since we already did then better to use that as experience learning and never do the same fault again.

Personally, I will set the money in my bankroll that can be used for gambling according to the amount that I can receive when I lose it, but on the other hand I can also use it to gamble when I want.
Everything will remain within limits and the most important thing is that the use of money does not make gamblers feel sad and try to recover it when they lose, recovering losses or greed are two bad things that must be avoided.
I sure not all gamblers can do it, but for those who are responsible and can have the right goals and approach in gambling, they will always prioritize money and time limits because this is the most important thing.

I have experienced the bitter sweetness of gambling and anyone who has had the same experience and is able to think clearly will definitely be able to determine what attitude to take in order to maintain financial stability and for themselves.
There are lots of bad experiences from many gamblers, this indirectly provides learning and every gambler must take valuable lessons from every experience.

We definitely need to set ourselves a limit on what we can spend on gambling. After all, this affects not only the conscious perception of the game, but also the unconscious thinking. And then the style of play changes, and the gambler behaves much more carefully in the casino or betting. And at the same time, there is an amazing property: the player begins to receive more emotions.
This is because the gambler expects to receive a certain amount of emotions for a certain amount of his deposit. And if such a limit is not set, then the gambler's feelings are mixed. Part of his mind understands that he can play for a long time, losing all the money. And it shouldn't be like that.

Setting up limits would really be the key on which this is something that you would really be needing for you not to be able to get easily get addicted with gambling. On the moment that you do find
yourself having no control then this is where people do usually mess up on the moment that they will really be having no control with their emotions because on the moment that you would
be chasing up your loses then this is where you would really be having that huge possibility that you would be getting addicted and we do know on where this would really be ending up.

One of the main reasons on why gambling companies or platforms or businesses are really that profitable due to people greed and impulsive emotions because on the moment that they will really be
that tolerating those emotions then this is where they would really be committing out those huge mistakes on doing gambling and ending up on having that miserable life.
It would really be just that normal that you would really be making up those budgeting or allocating some gambling funds that you could make use into.

That's exactly my friend! You have chosen a very key expression of Impulse Solutions.
This is what distinguishes a player with a set limit on spending money in a casino from a player who can play until he loses all his savings. Let's assume that a player with a set limit has lost the entire deposit - he will accept this and stop playing at the casino.
He will say:
"When there was not much money left from my deposit, I realized that today was not my day. Well, OK."
But a player who has not limited himself in money will make an Impulsive Decision to play on. He will make allowances for himself, which will be disastrous. After all, if he allows himself to lose an extra dollar, he will lose an extra thousand.

I believes some gamblers have strict rules for increasing their bankroll but not many of them can do that because they must have discipline to their rules. That's what we must do when we playing gambling so we don't have to worry about lose our money in gambling. Setting a bankroll before gambling helps us to playing gambling with limit so we can also manage our lose not to becomes bigger. If they have skills in some certain gambling games, they can increase their bankroll but that doesn't mean they can succeeded easily because in gambling, we will not wins easy but we can lose much money if we don't have limitation.

Having a strong discipline is a must so we can take care of ourselves and not using too much money for playing gambling. We must remember that we can lose that discipline when we becomes greedy and once that's happens, we will not be able to manage our money instead just follow our greedy. It's not easy to manage our bankroll but that will worth to do, especially if they still a beginners in gambling.

I've never prepared anything like this because looking at what I'm doing now, I'm actually just gambling with the situation I really want when I gamble, of course with money that's a spare part of what I get every week, even though it's not too much, but gambling happens, especially For sportsbet, I'm actually not too worried about big losses because sometimes my budget in one week doesn't run out so I will continue to gamble again and again without having to make a re-deposit so I don't feel burdened with anything when gambling.

But on the other hand, money management is good and it must be done, but for small gambling like what I do now, I actually only gamble with what I want and what I want to spend financially because I gamble when I want to gamble.

this is very true and this can be seen amongst the responsible gamblers as they are mostly trying to gamble probably for the fun of it and if they are intending to make money of it, they make sure not to allow their desperation cloud their mind so much that they are unable to control how well they are able to gamble but for the others who just gambler with desperation and wants to make a huge tone of funds off gambling all at once at a time may probably end up loosing so much to the casino as they aren't controlling and regulating their habit at once, for them they think they can always get lucky and sometimes they do but should understand that most times you don't really get to make money off the casino out of your desperation as it may turn out even harmful to the gambler and the gamblers wallet. The loss of an extra dollar of a series of loss is the main thing that leads to the loss of many several others but most of the others fail to understand this until they eventually fall victims to all of such happening to them.

Bankroll is important because it manages your finances so that you don't spend so much when the bankroll is set, so I set all this before gambling but I won't more than 15% of my total income on the forum.

I still try not to use the money from the monthly to gamble because it is for other needs so I consider that I will not bet anytime if I have money, it is better to find other funding streams called other sources of income because these are few to use in sports betting gambling.

The positive side is that by setting a bankroll, you don't gamble all the time when the bankroll runs out, but when you gamble all the time, any money will be used for gambling, so for me this is a negative impact.

Those who have gambling bankroll or gambling budget are not many and only few and majority of them are just playing when they decided to play gamble. I myself I don have a budget or bankroll for gambling and I play whenever I have cash but the only different is that I have self-control and not addicted so once I finished the amount set for the game then I go home. And one thing I also discovered for gamblers is that, those who are working and have enough money can plan for gambling bankroll or budget and not for peasants. A peasant gambler play according to what he have.

Yes there is no preparation whatsoever that leads to limitations regarding the budget before gambling, the majority of them only have the intention of playing and depositing the amount of money they want which sometimes there is always the idea of ​​trying to allocate a larger amount than usual with the mindset of "maybe with a large amount I can be lucky," meaning anything a gambler can think about, especially those who only see gambling in terms of the chance of winning.

On the other hand, whether you want to implement restrictions on the amount of budget for gambling or not is actually up to you, because the point is that as long as you can manage and control yourself in gambling activities then of course you will be able to avoid bad impacts such as losing money. in large quantities. This means that it is useless if from the start you set the budget you want to allocate but it turns out that you do not have the ability to control yourself, especially when you experience a loss, then in the end you will still end up depositing money again to gamble and chase losses. This is in accordance with your approach to gambling, and the point is that as long as you can control it well according to your abilities then of course you will avoid bad possibilities.

This means that players who are able to obey the rules that they have previously made which lead to preventative action by withdrawing at the right time are those gamblers who have a correct understanding of how gambling actually works in the sense that they understand that gambling provides opportunities to win but they also understand that what is called opportunity is something that is uncertain, and they also realize that the risk of losing will always be a part of gambling where they can lose at any time if luck doesn't come. Meanwhile, some other gamblers always follow and support their curiosity with the idea of ​​"one more time", and they will continue to do this action until all their money is gone, which is a situation that will make them even more emotional and regretful, and usually it is also a situation that makes a person Gamblers are increasingly impulsive and aggressive in making decisions.

But still it would really be that impossible that you wont really be thinking on how much money you do have on that particular point on the moment that you would really be thinking up on playing gambling but still
you are really that thinking on putting up on the amount on which you do have extra. Issues would really be that raised up on the moment that you would become that impulsive on which you are really that already spending on which into those amounts which is more than with your budget or simply those amounts which are intended for other important use. This is the issue for most people on this moment or on this case that they will really be that trying out to chase up those loses and this is why their main behavior is really that to play even more despite of such conditions. Bankroll management to prolong up the game is something
significant and having that good financial management or handling will really be the key if you dont really like to find yourself to put up into those unfortunate conditions.

Yeah, just spur of the moments, and then we just go and play without thinking how much money we are going to spend that gambling session. And it's a good thing that we have self-control, and so even without budget, we will just stop when we are not winning and just think that it's not our lucky day.

But it is also good to hear that some players have a budget or just a bankroll, that when they losses they will quit and no longer will deposit anymore money. So it's just a careful planner, to not get addicted and lose money more than we can afford.

Bankroll is a general gambling term and not only peculiar to sport betting alone because as far as we know, whenever we set a limit to how much we gamble with and mentained that limit, that is our bankroll and the ability to operate within that bankroll matters alot and at that we have to always work out ways that will enhance our total adherence to our bankroll percentage.


The inability to followup with your bankroll percentage may result into alot of things that we may not really be able to freely bear with, and at such we have to set the limit of bankroll that we can bear with at all time.

I raise my hand and I am with them.

We have to control ourselves and set budget when we gamble because that's how it should be. When we do it randomly, there's a chance that we might gamble more than what it is designated with our budget.

That's why it's good to follow a plan and a bankroll and whenever we lose that entirely, we have to stop and stick to the budget because it's no good if we violate our own plans and rules.

As for the amount, yes, a gambler will definitely put a certain amount that he/she will bet but as for the limit on whether he/she will return to gambling when the session is lost it is something that cannot be known for sure, because often this is what happens where when a gambler loses the session then usually they will continue gambling because of the impetus of emotions and there is no limit applied in terms of how much budget should be bet at that time regardless of the results at the end of the session.

On the other hand I understand that even if someone for example applies bankroll management in their approach to gambling it is not always guaranteed that they will stick to the plan especially when emotions dominate, but of course having a plan that leads to prevention such as the bankroll management we are discussing is much better than nothing, because after all hopefully the existence of bankroll management can at least make it easier for them to reach the realization in themselves that continuing to gamble with the intention of chasing losses is too dangerous an idea.

When someone is addicted to gambling, it is not because of budget knowledge. Everyone gambles until they run out of money so everyone should keep a gambling budget and fix their bankroll before gambling. Then you don't have to face major losses. As gambling gives us both profit and entertainment, it also harms us financially. I bet no more than $50 on a single bet and a minimum of $1. which doesn't excite me too much and doesn't do much damage either.

To me, the management of one's bankroll is one of the most important aspects one needs to keep control over one's expenses, and he bling in the majority of occasions is an expense. So it makes sense to me to keep track on ones expenses and stick to it as much as possible, so one won't see unpleasant numbers with one tries to adjust ones budget...
Tough, I also believe keeping ones register on the amounts of money gambled away in casinos or bookies could be a disadvantage, because, it could be tempting for anyone to add all the monthly expenses and come up with a very high number of money gambled away, depending on the personality of the gambler, that could lead to loss chasing or depression. That is pretty much what the dubget control tried to prevent from happening, ironically.

That's still a budget or a bankroll. You deposited money that you can afford to lose and then that's it if ever you lose everything.
It's not like everyone is setting the same amount over and over, there will be times that we can get lucky, withdraw the funds, and then when what's left on our wallet is depleted, we deposit again but we somehow change it to a smaller amount because we know for ourselves that we already spent a good amount from our past betting experience.

I usually just set $10 and increase it to maybe $15 in original casino games and then maybe increase it further in slots which most of the time is a wrong decision. Still, it's called financially responsible because you ain't going too far and I believe that's also setting our budget to an amount that we choose. I mean it doesn't have to be the same amount again but we are doing it to keep our gambling habit in control.

The only issue on here is on the moment that someone would really be tending to deposit even more despite of the initial deposits that they had made just because they are trying out to cahse or break even their loses.
This is where issues do really start on for most gamblers. Yes, its true that we would really be that tending to play and make out those kind of decisions on how much you would really be spending on that particular day or time on whereas you would be normally be thinking if you do have some extra funds that you could be able to deposit. Just like on what others been saying above that on the moment that you have lost it all but still ending up on making up some decisions on trying out to deposit even more then this do solidly indicates that you do have that different level of approach towards gambling activity.
You would really be able to see its important at the moment that you would be finding yourself experiencing those huge loses and not on the moment that you are just starting on playing up
and recognizing on how much you should really be gonna be spending.

It is good to always set aside the amount of money for gambling so that you won't spend excess when gambling and always take tht amount to the gambling centers and no extra money should follow because you might tempted to use another money that is with you. Gambling has been on ground since the creation of the state, and people have tried all these so nothing is new in gambling. People set aside small amount of money to gamble and also take along the market money to buy things in the market when coming back from the game hall and unfortunately used all the money for in the casino website or hall and come home empty hands. As a good gambler we don't have to chase loses because it has ended many people up with empty pocket and wallets. And if any one can .ake strong decision to bankroll his gambling then it is a very good one and I encourage such gambler.

That sounds like your style and it is good especially if you are not addicted to gambling, there can't be a fear of irresponsibility because of a lack of plan toward it. I often do this as well, but that is when I visit a physical gambling house, otherwise, I deposit my money into the gambling platform and wager it there, so I can't afford not to have a viable plan on how I will spend the money. If I don't, it could be an issue because gambling could bring out the emotion in us and before we know it, we will renege from our plans and this can be so disastrous.

It is fine if you have $2 in your pocket and just randomly decided to gamble with it and do that once in a while Whether you win or lose, life goes on, and you will not be so pained about it as this is single money that is not attached to others. But if you deposit $350 in the account and plan to wager $20 per bet, if there is no plan on the bankroll, you might not know the time that you will change it to $100 per wager or even bet the remaining money due to emotion. This is why having plans is so good, but also, discipline and determination are key in making sure that the plans are strictly adhered to.

I think unless you're seriously engaged and trying to aim for professional level play in something like poker, the term bankroll is rather meaningless when it comes to other forms of gambling where skill is much more fluid. If you're sports betting then, believe it or not, the bookmakers are rather effective at pricing bets well over the long run and adjusting their calculations along the way. Bank roll seems to suggest that you have a long term trend of profitability, because it is designed around natural variance that you'll find in something like poker - where you might run bad for a few sessions or even weeks but having a deep bank roll will cover that scenario. There's no point claiming to have a bank roll in casino betting where the house has a built in advantage.

Well, I would say that for casino betting what the bankroll can do is make your money last longer in the long run, but obviously you're not going to be able to make a profit because of the HE. In sports betting and poker it is an essential component. No matter how good you are at the tables, or in sports betting, if you don't manage your bankroll well you'll go bust sooner or later.

I think that is one of the things that depend a lot on the personality of each player, I once tried to do something like that, with an excel, at that time I had a huge fever to play dice in freebitco.in and for me it was incredible, I received something from the faucet, and then I played, I had great control but when I compared what I had lost and what I had won, it was really very little and that lowers the intensity a lot and lowers morale too, then one seems to get disappointed with their results, that is why I learned that each game session is unique, no matter what happens that is where you have to play accepting everything, that is why when I tried to do that control it did not go well for me.

You won't be happy if you keep tracking your wins and losses in a game where the house edge is present. It's a no-brainer that once there's a house edge, we will never win in the long run. Even if the house edge is as low as 1% on dice, we still don't have that so-called "edge." This game is actually considered luck-based because we can only win when we are lucky. Since we are regular gamblers, even if we win today, we will still come back to gamble again, and that's where the principle of losing in the long run comes in.

This is true and this is something that people should really be considering or making themselves that realize so that they wont really be ending up on chasing up their loses or having that impulsive feeling
just because they've been that they are still on negative then they would really be trying out to chase those loses and this is something which isnt that recommended. This is why on the moment that you would really be on such situation on which you would really be not putting up that much attention then you wont really be having that kind of impulsive feeling and would really be just simply move on with your loses
on which this is something a must thing rather than on making yourself that being wary with those stats because it would really be just that making you desperate.

Its not bad to have some tracks but i do rather see that checking it out often would really be leading up into something which is really that making you that thinking
that you should be trying to play more to get back those loses on which this is really that a very wrong approach to have or something that you must stop if you dont
like to mess up yourself in gambling field.

I don't bankroll my casino accounts unless it's weekend and this helps me avoid gambling during the week days, there is no way for me to access any casino when there is no fun and I when I do, I break it evenly for each day games I'm gong to play. I fund on Fridays morning and then on Sunday evening is when I do withdrawals the most. This concept helps me to manage my profits and loss and to be discipline with gambling, so that I don't go overboard.

However, I'm not sure if many people really practice this Bankroll of a thing, because it's not like they are playing for anything fun, they can have money today and make the deposit the same day and then end up with no single withdrawals. There are some gamblers that are even seasonal, they gamble when they think it's right and that's when they fund their account and they have no business with Bankroll.

Well you're right, the truth is that when I realized that everything depended on luck it was something that marked me a lot, however, I am a person who does not stop believing in strategies, in fact I look for dice games, of course I don't bet like before, I bet less, but even so, I play things with much more moderation, I know that now things are different for me, my favorite was to play at freebitco.in, now with all the uncertainty that there is, there are more options, but in itself, in dice , in roulette, in slots for more, things focus a large percentage on luck.

If you do make use of strategies to be some sort that adding up some spice into your gambling activity on which you've been thinking that it could prolong out the game or would really be giving out that kind of entertainment for you, then it isnt really that a bad thing to have on which you do know that this could really be giving out that kind of approach on what you are really that doing and not really just that making yourself that way too
desperate when it comes on making money because this is where things turns out to be shit on the moment that you would be expecting something positive towards gambling. This is why you should really be that
careful on what are your intents towards it because if you wouldnt really be that like that then it wont really be that recommended to have that kind of having no plans in regarding on setting up a bankroll.

You would really be needing up such control on the moment that you would really be that liking or wanting to have that kind of consideration in regarding the amount that
you would really be that making use of.

betting on football, basketball, you could say I often do 50% for several favorite clubs when playing, I don't put all 50% on one team. each club allocates 10% of the bankroll.. different from playing gambling games such as dice or slot games, the betting allocation is smaller than sports betting. leaving 50% of the bet for recovery when my research is not right or I lose the bet, of course management must apply it to be orderly

Yes, in fact for me it is super important that things have to be done considering the money to spend in the casino, that is, if I have 30usd for me it is essential to be able to multiply them, but in the case that I can't, then what I should do is that if I spend it all and without winning, then I should not insist on more balance, I should stay quiet, and there in that balance of 30usd I should establish everything that I have thought, be it strategies, be it giving free rein to my emotions but only with that balance that for me I would be willing to lose, which if it is lost I would not feel any kind of remorse, for me control starts from there.

If I am not wrong then bankroll is defined as the amount that you have for betting in all total. Now if you want to place bets, you need to bet a certain percentage per bet from that bankroll. Now regarding setting the specific bankroll, then yes, we deposit some amount and decide to gamble from that amount only. We manage the risk involved according to the bankroll and place around 10% of the bankroll in particular bet. Managing and organising the funds for gambling is an ideal idea to track your finances.

More or less. The bankroll is the money you have in your casino account, and, if you play skill games, it is an essential component to be able to win money in the long term, although not the only one. If you play casino games, it may help you to make your money last longer, but it is not necessary. You can also deposit what you intend to bet that same day and that's it.

The idea is to reduce the risk of bankruptcy to practically 0. If for example you have a bankroll of $100, make bets of $5 maximum, and if you are losing and it drops to half, having now $50, reduce the bets to $2.5. That way you have the same number of bets as at the beginning and if you are in a simple bad streak in a skill game it gives you time to recover, besides that when you go down in level you have more edge over your opponents and therefore the bad streaks mathematically last less.

You must use money management to playing gambling because that will prevents from the big lose. If you can allocates 10% of the salary, that will be good but maybe you can reduce is and use 5% of the salary. But that will be up to you because you must calculate your money and knows where you will spends your money.

For each bet, you can use less than 10% of the bankroll because you don't use gambling to make money. If you can do that, you will not spends too much money in gambling and only place a bet on the team or player you knows. With money management, you can arrange your money and knows how much money you will use to place in every bet you wants. You will not just waste too much money in gambling because you knows that you have daily needs that you must be filled.

I prefer having a bankroll for my gambling activities, so that I don't spend more than a specific amount for my gambling activities. Sometimes when I am less busy, I gamble more than when I am busy. I can use my bankroll of a week in just two days and I will quit gambling for that week.

Sometimes, I don't gamble at all because I have being busy with work, and my bankroll will be like that till when I gamble again. However, a gambler can abduct any style that suits his gambling life but the most important thing is that we don't get addicted and run at big loss.

You have great control, and I'm impressed by that. As for me, even though I'm busy, I always find a way to gamble. Since I bet on sports, it doesn't consume a lot of time, but sometimes if I feel emotional, it can really affect my job. Even just watching the box score can bother me because, with the size of the bet, I often feel mixed emotions. The amount of money we risk can really affect our emotions. When I bet $5 to $10, I can easily let go if I lose and not mind it much. However, if it's a bigger amount, I'll try everything to recover those losses, even though I always follow my limit.

Bankrolling is sensible. However, sensible gambling reflects life's unpredictability. You're playing a mini-resource allocation game while wrestling with existential problems

How we gamble reflects our overall priorities. A well-intentioned budget might become a cycle of feast and famine if not attentive. You need a strategy, not just for the game but for life's gambles: career moves, relationships, those big life goals

Too much realism is problematic. Gambling psychology can influence daily decisions. A different perspective: Gambling should be learning experiences, not just wins or losses. Focus on understanding, not winning. Now you're learning, not gambling. This keeps it a hobby, not a habit or obsession

There would really be that differences in terms of time spent in between sports betting or dealing up with casino games on which it would really be having that notable differences on which you would really be that considering basing up on the vacant time you do have and of course on the interest that you do have on which you would really be choosing up something. Speaking about setting specific bankroll then it would really be just that depending on a certain individual since not all would really be having that kind of control and discipline when it comes to this aspect on which there are ones who are really that that mindful and there are ones who arent. On the moment that they would really be expecting something positive with gambling but ending up on losing then this is where they would really be learning up with their mistakes.

Setting out bankroll is recommended and never ever make yourself making more deposits on the moment that you would really be losing money or losing it all. People do really end up
on disaster if they would really be deciding to bet further or making deposits.

There are several things that you can immediately correct in your approach to gambling, friend, the first of which may be in terms of time, wherever you gamble and in any type of gambling, including sports, if basically you are busy with other things or activities in your life, such as work, so it's better to focus on activities that are much more important, meaning that time management and the ability to divide your time according to portions is really needed if you don't want your activities to be disturbed.

The second is that yes, it is clear that you are already aware that the amount of your bet is relatively large each time you run a session, you can immediately change it, and I think it will not be too difficult to make this change if you are really aware of the error. As you said, by only risking a small amount you will be able to easily let go of all the losses you experience, meaning that is indeed the best. Gambling is a chance activity, don't overdo it because there is no certainty that you will always win.

I don't allocate 50% of my salary to gambling. sorry in advance for unclear words. What I mean is my total bankroll of assets on the gambling website. and for the allocation of salary to never reach 50%, that is very dangerous. What you say is true. allocation for gambling, I don't make deposits often or rarely. I always maintain and how to grow my money. Every time I lose, I always try to recover and have a target

I set specific bankroll for gambling just like my other regular expenditures, I make budget for my income and I use the potion for gambling to do so. I put gambling budget in my secondary needs and I try as much as possible to be disciplined not to exceed it, without a budget or bankroll for gambling, I can get carried away and exceed my budget for it. Gamblers who gambles once in a while might not need a bankroll for it, perhaps they can take money from their savings or emergency funds to do so. Anybody that gambles regularly needs to create a bankroll for it so that they can gamble responsibly.

I don't know how effective it can be to set a limit on bankroll before gambling and not go against the wish before the end of it, if we considers how entertaining gambling is and how we can sometimes go beyond budget at the cause of gambling, except if we have nothing more left to use for gambling, but what we may set as bankroll may not effectively work as planned because we cant predict what may turn out of our experience on gambling.

Timing is also crucial at my end. How to schedule my time to sustain the amount of money about to be spent in gambling. Whenever wins shows up it could be added to the remaining bankroll to be used for gambling until the designated time for gambling is over.
The benefit of scheduling bankroll is for it to serve as an alert to the gambler. If the money gets exhausted the player would remind himself of his plans before starting that game on limiting his expenses. Even when he boycotts the self plan, he would forget it easily. Soon he'd stop and try again later.

Yes it's something we hear a lot in sports betting, but the truth is that setting a limit on your bankroll applies to any type of betting or any type of gambling you engage in. In gambling, you can win at any time and in any amount but of course you can also lose in amounts that are usually much larger as time goes by, and the majority of gamblers forget this which in the end makes them continue gambling without setting any limits on their budget.

In gambling, placing limits on the amount of your budget can be one of the main keys to avoiding bad effects such as losing large amounts of money, and also usually the majority of gamblers who always bet large amounts always find it difficult to accept the situation of losing, and I think that's normal. because after all we don't like losing money, therefore there is no other way than to limit the amount of our bets, the benefit is that it can prevent us from getting emotional and also from losing large amounts.

You are right and I completely agree wit you, when it comes to gambling, setting a limit to the amount in hope or want to spend gambling is a very good practice to be honest, this is something I've been, or started practicing for as long as I was like 2 to 3 months old into gambling, and since then, ive not regretted it one bit.

And there are actually some who can not really take such practice serious because they have made alot of money, and really don't care how much they spend it, as long as they are spending on what brings them fun and excitement, this is totally understandable as well, but in all, it is often said that we cut our coat according to our respective sizes., a gambler should always take note of their financial level and never gamble without setting limits to funds that is to be used for that purpose.

Limitations are absolutely important whether you are betting on a friendly poker game or the stock market. You run risk of money, sanity, and peace of mind without restrictions. That is greater worth than winning streaks. I have traded and invested multiple times, thus discipline is quite important. Recognise and respect your limitations. Let not feelings rule. In terms of money and life, you lose great amounts.

It takes self-control to know your shortcomings and stop them from dictating you. Your money and yourself merit respect. You know, what? Fun is also really vital. Gamble for enjoyment rather than fear and regret.

Yeah, you are right, @Accardo; time is important too, while it might be neglected by so many gamblers. Sometimes someone can actually set out to gamble with $10, and if luck is on their side, they can multiply their balance by 10x, but if they don't set a time that they must stop gambling, they can still end up losing the amount they won, so timing is also important, and I think it's necessary to also note the amount of profit that a gambler must archive before leaving. For example, if I allocate $20 for my daily gambling plan and decide that I will spend three hours and that if I make up to $100 or $200 within 3 hours, I will just take a break, Such plans are going to help me stop gambling immediately i win up to $100, even when my set time is not up yet.

That is completely true, it means that in gambling winning is not the end of everything, or it means that there are still other results that can happen at that time after you have won and as long as you have not withdrawn the winning amount for some reason, such as still wanting to gamble, in the sense of losing. will always be a sure thing even if at first you manage to win. In gambling, of course, limiting time is also an important thing that must be prepared by gamblers apart from limiting the amount of the budget, because you have also said that even if, for example, they manage to win, if they do not set a time limit then in the end it is very possible for them to to experience defeat again.

You gave a good example, and maybe I will also suggest a strategy that is no less good which leads to the prevention aspect, such as when you succeed in winning and it turns out you still haven't reached the target time limit that has been set, then I would suggest that you first secure part of the winnings and leave the other part to continue the gambling session if you haven't reached your time limit, even if in the next session for example you lose but still you have secured some of the previous money, so you are still safe and I think this is almost the same as the plan You.

This is the right state of mind, but there are not many gamblers that think like this, since they see those limitations as a way to restrict their fun and they do not know how to function within those limits, so instead they prefer to gamble as freely as possible thinking that it is not possible for them to lose that much money anyway, and those are the people that are the most susceptible to losing huge amounts of cash, as they will not realize this happened until it is too late to do anything about it.

Things starts gradually, so as addictions. When a gambler thinks he can gamble without becoming addicted to it, there might be a time when he will not know how he started gambling as never been before. Sometimes a lot of gamblers do t have the opportunity to set a specific amount for their gambling life's, so they just thinks that they won't gamble excessively because they knows themselves. Knowing that gambling is not a good place to make profits helps a gambler to know that it's also good for a gambler to risk low amount of money. However, not knowing how risky gamble can be is also risky, which means a gambler who's new to gambling should not know what gamble is before gambling.

It's not that they don't know they are going to lose a lot of money if they gamble freely but they don't have enough patience to do that and they might use this as an excuse by saying that they didn't think that they can lose a lot of money if they gamble this way because even a kid would know this if they know about gambling.

The urge to gamble more is so strong for some people that even if they had earlier decided some limits for themselves, they don't follow them and gamble out of those limits and eventually lose more money than they could afford to lose.

The only way to fight this is to stay away from gambling as much as possible, maybe try to get into some other activity, etc.

If it is like that, then it is useless to put any restrictions on gambling because the greed to gamble is greater.
Discipline in the strategy and the limits that are determined need to be applied, if it cannot be done then it is necessary to limit gambling.

In my own experience in gambling games, I am not so focused and too greedy when placing bets and when losing there is only the purpose of revenge on the losses incurred.

I try to avoid the game and not make a lot of deposits, pause and do other activities that are better.

No problem of that and yeah, that's good if you don't allocate 50% of your salary to gambling because you can use that money for fills your daily needs. We must manage our money properly to our daily needs and that's the important things for our life while we can just allocate some small money to playing gambling.

We don't have to use more than 10% of our salary to gambling, especially if we only use gambling for occasionally so we can use small money to playing gambling. Yes, that will be very dangerous if we use 50% of salary because that percentage can increase when we lose almost all of the money because we may wants to recover our lose. That will impact to how we can fills our daily needs and we will not have a chance to do that because we lack of the money.

Yes always, having a fixed bankroll per week is important for me to keep my gambling habits in check. I had to learn the hard way to reduce my bankroll to fixed amounts, otherwise I end up chasing loses and risk too much capital. There is a whole field of research about bankroll management. Especially in poker the concept slowly growing your bankroll overtime means that we need to protect our money and don't risk too much at any given day. Over years playing poker I experienced myself the big swings that exist in gambling and if we don't have enough money to survive them, we will go broke. Managing our bankroll effectively will help us to not lose everything and always have something left to gamble on another day. I would treat sports betting like any other form of gambling and make sure I never risk everything in one bet.

Setting up limits wont really be just that good in gambling but also in other things as well on which there are really those things which we do need up in check or control
if we dont really like for us to have those issues in regarding about messing up something because of bad decisions that had been made specially with money. Gambling could really make you poor if you wont really be that careful and this is something that you should really be needing up to avoid as much as possible. This is why setting up bankroll would really be that crucial or something that you would be needing up to consider first, because on the moment that you do find yourself that impulsive or whose someone dont care about on how much you do spend, then sooner or later you would
really be finding up yourself on such condition that you would really be regretting for the rest of your life.

always trying to develop capital to multiply from various web casino games. and of course I don't dare to make a deposit of 50% of my salary, it will destroy me quickly because it is not balanced with my daily needs. especially understanding very well the excessive effects of not having management. and being wise in gambling is very important because only we really understand the situation

50% of your salary is just like you are making a suicide with that. I think that's just too much, you take a lot of risk by doing that, IMO, it's alright to gamble that much but not on a constant manner. For me, I would allocate maybe a maximum of 20% as I already have a family, so I need to prioritize the needs over wants, in fact, gambling funds should be the last priority for me when it comes to funds allocation, so I doesn't affect me much if I will lose my entire bankroll.

He did not make a deposit of 50% of his salary, because he himself also said he did not dare to make a 50% deposit on a gambling platform. After all, basically every salary we receive is of course very important for our daily lives,  this is not only for you or those who are married or have a wife and children. After all, every salary earned will basically be very beneficial for everyone who gets it.

However, with the salary you have, there is at least some money left over and so, the choice is to save it or maybe there is still some money left to gamble with. Because after all,  in gambling it is possible that from the remaining salary money, when betting, it is possible to double it and that would also be good if you were lucky. Therefore,in conclusion, I think setting a bankroll size is a good thing, because then you will gamble with a good plan so as not to lose completely.

 This topic;(Gamblers Should Have a to Do List In Case Of winning A Huge Amount (https://bitcointalk.org/index.php?topic=5501639.msg64277489#msg64277489)), is still in context of what is being discussed. A gambler should always have a plan towards their gambling sessions. Set out a specific bankroll, a specific time to stop, and how much that should be won or lose before the person can stop even when it is not yet the agreed time. Sometimes, when you don't keep map out a plan that can help you to gamble in accordance, you will definitely spend a lot of time gambling and losing, just like yesterday that I decided to catch some fun with Baccarat on stake.com, I started with a balance of $0.25 but and I was able to multiply that to $4.75 and I keep playing, losing and winning until their was no balance to play with again. I didn't feel bad because the balance I started with was not even some significant amount but if it were that I actually want to stand in for profit, then there will still be need to control  my  bankroll and manage time too.

Even 20% of the total salary is quite large but when you can still control the needs of the family then it's okay it also depends on your income every month but for me I don't dare to be big enough in gambling so I will set the bankrol as small as possible maximum 10% but the average used for gambling is only $5 and it is always used at the end after all other basic needs are met.
If you have a source of income other than a paycheck then that's great then you may not be disturbing your monthly paycheck.

I agree with that. We can set up a budget on any game that we choose and it's up to us if we will keep the discipline or not.
I know it can be frustrating sometimes when we already hit the budget amount for the day and we still haven't received any good multiplier after all the bets we made.
I have been through that situation and I learned my lessons in a difficult way. My thoughts were just to use $5 per week and I am surprised to myself that I can go further if I want to.
This is where most cases go wrong because they cannot tell where the place and time an evil are might come knocking to tell us to bet more.

According to the dictionary, is a support fund that is a set aside money that be used to provides support for a business at crisis time, so for that bankroll is much more appropriate to be used for a casino than the players in the sense that bankroll should be reserved fund toake large payout such as bankroll investment, but for a gambler, I bankroll can still be an open door to more loses in the sense that, when the gambler lose instead quiting to play if the gambler have such a bankroll, he will be tempted to continue playing and trying to recovery from his loses which is a bad approach, although some gamblers may be lucky to manage their bankroll well and being at advantage at some point, but most importantly it is better not to have a sufficient funds in the balance than having a surplus fund in form of bankroll, in whichever ways, gambling is based on luck and anyone that have a bankroll should be ready to lose it and any other money' can be lost also, so for sure if the gambler is ready to lose the money then he can have such a bankroll in place, but with high Sense of decipline to know that he be at risk if not properly managed.

Sometimes having a reserved can boost your confidence at the game so I won't also eliminates the chances of having such a good bankroll for those that can easily manage it, but for me it should not be done leaving other important things behind, just like having a family needs like kids school fees and yet mentaining a bankroll at a casino, it doesn't make sense to behave that way since, you may lose the money and yet be in debt to sort out such family needs, so bankroll is basic with funds that you can afford to lose and be ok let say an extra cash flow.

That is the most important thing to prioritize first, no matter how much we will spend in gambling as long as other important things have been paid then we are good to go.
Even less than 10% can be an important amount to spend for our family so this is why I never use specific percentage to calculate my gambling fund.
Sometime there will be a moment when our salary is not even enough to pay what we need during the month, such as if there is unexpected thing to be paid.
In this case we should not even think about gambling although there is a chance to make some money but there is also bigger chance to lose.

When you are gambling and you have used up your gambling budgets for that particular time and you haven’t been able to win any amounts, it’s always so difficult to stop gambling at that moment. If the person is not ready and disciplined, then they will end up exceeding their gambling budget for that particular time. But we should know that gambling is mostly luck, and we can’t always win, so if we are gambling and we are experiencing continued losses, then we should just stop gambling at that particular time and come back another day. We shouldn’t keep on gambling or exceeding our budget.

Sometimes you will be pushed to gamble more, but you just have to control yourself. If you keep on gambling when you are supposed to stop, it will cause more harm than good, so it’s better you don’t just start what you will find difficult to stop.

Having a budget for gambling is a very good idea. By setting a budget for gambling and abiding by it, one will be disciplined and may hardly get addicted to gambling. Once the money you allocate for gambling is finished, you will end gambling for that day, week, or month. In fact, it is not only for gambling but for other things too, so that you will not spend more than the money you allocate unless it is an emergency. As for me, I always have the amount I allocate for gambling per month. If I mistakenly use it during the week, I quit gambling for that month until the next month. So, if gamblers budget for gambling, I think it will help avoid spending too much on gambling.


If someone is not addicted to gambling, I believe they should be able to discipline themselves so that they do not spend more than what they have budgeted for gambling. But still, I don't know why I am always able to control myself after I have spent my budgeted amount. I always find it hard to continue gambling more. Or maybe it's because I am gambling for fun.

That's right, the point is to prioritize things that are much more important than gambling, logically nothing will happen to you, or that means you won't experience anything even if you don't gamble and there is no coercion at all from any party telling you to always gamble, but when you prioritize gambling over your basic needs then perhaps it is the same as depending on your fate on gambling, because you prefer to prioritize gambling over buying food.

On the other hand, what you say is true, that sometimes there are always situations where our income cannot cover all our living needs at certain times, which is because something happens unexpectedly which requires you to spend a certain amount of money. larger than usual, the cause could be because one of your family members is sick, or the cost of basic necessities has increased, or for example you have a baby and you have to spend more money to buy baby equipment, or other things. On the other hand, I am sure that if someone uses rational thinking and common sense correctly then they will definitely prefer to prioritize something that is more important.

Just like the way you have explained, it is always very difficult for us to stop gambling when we have used up our initial bankroll to bets thinking we would have made money from the bets but it is not still bad for us to keep trying by adding additional funds to try more luck. This kind of if pattern of gambling is not the best but we just have to keep gambling especially when we are enjoying the game and we have high expectations of winning a very good amount. We might continues and we might to surprise of having a large wins but this does not happen everytime and that is why we should always consider our risks when gambling before the profits we intend making.

That's right, what I often do is set aside money from winning bets. Never making 100% withdrawals, I definitely set aside 20% for re-capital and it's not easy to find a solution when the little capital is looking for a way to grow again. Betting carefully with small amounts must be managed and keep away from the ambition of wanting a big win quickly. it will only lose control of the mind.

Yeah, I understand his post, but I'm just trying to emphasize how wrong it is to deposit 50% of our salary into gambling. Actually, I follow a lot of investment mentors, and most of them suggest that if we want to be financially free in the future, we should learn to invest. So, if we have a job and earn a salary, funds allocated for future investments should be prioritized and set aside in the form of savings. Next should be for your bills, and the rest can be for your entertainment, including gambling. So, 50% is just too big IMO, to be conservative, 5% would be fine and could already bring some excitement to us in gambling.

At the same time, few things depend on how frequently are you depositing money into your gambling account.
If you deposit on weekly basis then that keeps you alerted all the time and keeps you in control.
I prefer depositing on monthly basis which saves me on fees and helps me tracking expenses on monthly basis.

Do you set a specific bankroll before gambling or not? No i don't have specific bankroll or how much percentage when play something. I just bet randomly, sometimes is 10% or 5% and when im feeling lucky i can go all in and i don't recommend this one hahaha

But i think the best option to set specific bankroll

It is very important to manage the bankroll, because it is a gambling management, maybe the percentage is quite varied depending on how much we dare to take risks in betting in each bet.
Especially for gamblers who want to make a lot of bets, of course determining the division of bankroll needs to be arranged very well.

But I'm like you, I'm always random in determining the amount of bankroll, but when it comes to all in I think it's a very crazy decision, and will only give one chance if it loses, that's what I'm most upset about, because it doesn't bet more, but if it comes to great luck when doing all in it will give a very high payout, but most importantly I limit myself to no more than 15%, because that will trigger me not to lose more money in gambling.

Of course, this is a good idea if everyone has an investment concept for retirement or other periods, starting from an early age to save in various ways that produce results. Of course, the allocation of the results of our hard work must be sufficient for everything, such as gambling entertainment requires just enough funds, not too much, although from the start we must be prepared for the conditions of losing or winning. Action needs to be gradual and ready to take risks

Sometimes yes, sometimes no. I don't have any particular habits about this, of course because I do it only when I feel okay to do so. 100% on a single bet is fine in my opinion, but if there are two interesting matches that I think are worth including on the bet slip, then I will split the budget into two parts. Gambling is not grandiose to me, I just aim for fun regardless of winning or losing. After all, I don't insist on betting large amounts, so it's not very profitable for me to divide the budget into several parts if I don't find the right reason.

Well to say the truth, I actually don't have a specific bankroll when I do my gamble what I do is that I just actually go with it and the moment I discover that it's actually not favouring me, I quit it for that moment and focus same energy elsewhere because if I continue I will be heading to my early grave because it's just going to be a case of chasing that money I lost with all my time .

Yes that may be the approach you have, although I would say that it is quite dangerous, but if you feel that as long as you apply it to your gambling habits you do not experience any significant problems then yes perhaps it is up to you, in the sense that you are free to improve it by putting setting the amount you will use to gamble or maintaining your old approach to gambling.

It depends on each person's choice as long as they don't harm other people, but if the question is which is better between implementing settings on your bankroll before you gamble or not at all then yes of course everything that is done is based on management will always be it is more recommended, in the sense of implementing and setting a certain bankroll before playing, such as 5% or 10% of the total money you have, it is more recommended, because this limit will most likely be a reminder to you when you get carried away at any time. gambling session.

But what is certain is that having a bankroll is good so that we can control our finances so we don't gamble carelessly. By applying 5-10%, this is also a strategy in gambling so that we are disciplined because many people sometimes don't have this strategy, in the end without realizing it they will spend 50% of their monthly income. Whether we admit it or not, gambling can sometimes hypnotize us without us realizing it, so the importance of this strategy is to be disciplined.

I sometimes use and prepare my bankroll for gambling, but sometimes I don't use it. I only use money that I am prepared to lose. Because it happens that my monthly income is uncertain, sometimes a lot, sometimes a little, so I adjust my monthly income when gambling. In essence, playing gambling requires preparation, control and goals.

Gambling is like a siren song. The illusion of control draws you in. We say "Okay, I'll set aside a little money, like 5-10% of my income, for this chaotic endeavor." But that's just us pretending not to jump into the abyss. Gambling is pandemonium. Our minds aren't wired for it. We win a little, lose a bit, and then chase our losses like a hound. Your small bankroll? It's a gateway drug, a pass to keep gambling. The "bankroll strategy" seems responsible and disciplined, but it's basically "I'm gonna try and control the uncontrollable." That is the height of absurdity

After my addiction period, I learnt a bitter, yet important lesson never to fund my account with more than I wish to gamble with for a session. Responsible bettors and those who have learnt to gamble in moderation and funds their accounts with only what they can afford to loose in a gambling session. funding more than that thinking you can manage your emotions not to go beyond a definite figure is a big lie.


Positive: It helped me manage my bankroll and my emotions more since the only emotion to manage is preventing myself from further funding the account when my balance is exhausted.

I think that it doesn't matter how often you make a deposit to the casino, what I give importance to is that the amount is what we should see well, for example, I can have 10usd in a week, but if that week I can't play then I already have it there, next week I don't deposit anymore, because I have those 10usd, I get used to only playing with what I have available, I learned that having extra money in a casino is not good, and if of those 10usd I win about 4 usd on the day I play, I withdraw those 4 usd because it's my profit, that way you can have better control and I always receive money, which I think is super important.

Money management, safe here the term bankroll or whatever, is very important every time we are going to bet. Yes, whether everyone does it or not, but in my opinion, a wise, intelligent and professional gambler will set the bankroll before gambling. Because, this is one of the foundations for gamblers to stay in gambling well enough, not have a lot of debt, or do it according to the budget. Because however, the bankroll in gambling is very important to pay attention to, this will affect how much we will spend and how much we have. You can't just bet without thinking long and hard about the amount and what we have. So that we can still really control ourselves in gambling, not to be arbitrary and also to be much wiser in gambling.

Unless they are addicted gamblers, they will never consider managing their bankroll, or even think about whether they still have money or not. They don't care, the most important thing is to continue gambling.

Yes, and with the actions you take, yes, maybe I will include you in the list of gamblers who know about the risks and bad impacts that exist in gambling, where if you gamble and do it excessively then it is clear that it is the same as you directing yourself to the possibility of a greater disaster. Deciding to stop when you experience a number of defeats is a very correct decision, because if you continue then there is a possibility that the losses will increase and obviously when the number of losses increases there is a possibility that you will feel emotional even though basically you know that it is a mistake.

Therefore, it is better for us to withdraw as early as possible so as not to fall into a situation that is full of pressure in the sense that it can trigger emotions unconsciously. And yes, awareness is also an important thing that a gambler must maintain, because if you can maintain awareness, there is less chance of you falling into various impulsive actions in certain situations, such as losing.

A bankroll is not a universal magic bullet, it is simply one tool that can help protect against rapid loss. Managing your bankroll can extend the life of your capital. But limiting your trade size will prevent you from winning in the long run if you make bad decisions. Because those who believe that long-term profit depends primarily on strategy, and bankroll management is necessary primarily in order not to lose your capital very quickly, are absolutely right. In other words, to prevent short-term losses.

That's good because you see your mistakes and wants to learns from your mistakes. That makes you becomes wise and can treat gambling as an entertainment. When we playing gambling, we must set some money that we can afford to lose so we don't break the limitation that we make. That can helps us to avoids the big lose that we already experienced before but we can still enjoy our time to playing gambling.

We don't have to worry if can't do that perfectly because that's not easy to have limitation while we playing gambling because the temptation from gambling can be strong. But if we keeps practice to use limitation, that will helps us to have strong control over ourselves and we will not break our bankroll when playing gambling. That's why we must set a bankroll for playing gambling so we don't over in gambling.

A wise gambler always manages the number of money they are willing to risk we know there are some red days in playing gambling and if you know that the game doesn't work well setting a side a money is like a safe procurement that you didn't waste all of your money in just a single game. When I'm playing I do at least to save 20% of may assets to make sure for the next game i still have enough money to play with or in a next time I open my account and I don't have enough money still there's some few left in my account. Unless you doesn't care at all with the money as long as you made a deposit that's all of your capital.

Everybody likes a little action and luck. Winners know when to quit. Yeah, its hard. Intense eagerness can take over. Where discipline comes in. You keep your limit. Claims-free. Gambling's entertainment, not work. A night out or delicious supper are entertainment. Steak dinners shouldnt cost your life savings. Gambling, too. Have fun, set a budget, and go when you're done.

It goes beyond money. Self-control, self-knowledge. Win in life, not only gambling. You must be smart, disciplined, and mindful. Winners have those traits.

Unless the person has another motive for why they are funding their account in the first place, maybe there is some bonus that comes with big funds, for which you might not need to meet a wager requirement before withdrawal (which I don't see as something possible).
 
If not, the highest amount one needs to fund his account with is just the money you have budgeted for gambling, maybe for the entire week. If you don't want to be making deposits anytime you want to gamble, you can just fill in your weekly budget, and if you lose control and are not able to manage your bankroll, you will just consider it as spending all your gambling weekly budget and don't gamble for the week again.

Oh well, yes ofcourse we shouldn't deposit until we have money in our gambling account but I was assuming that within a week we lose what we deposit if we actively gamble.
That's the reason I mentioned if a user deposits on weekly basis then it becomes easy for him to track his gambling expenses.

Yups, wise gamblers are those who can always make decisions according to their abilities and do not exceed their limits, before depositing money or before starting a bet they always check again and make sure that it is an amount they can really afford to lose, especially if indeed the result turned out to be a real loss. In gambling, winning is nothing more than a bonus and losing is a certain thing, it is very important to have a neutral mindset such as understanding the chances of winning and being aware of the risks, it's like 50 - 50, meaning you don't have a special advantage to always win unless you do. is the owner of the casino.

On the other hand, when we know or identify that it is a bad day due to a game that is going very badly then yes stopping and setting aside the remaining amount of money in the betting account is a good decision, this is a matter of luck, meaning it is possible that when we resume the gambling session At other times the game will go well and lead us to victory.

Not only just on having that kind of track but also you would really be showing out on how well you do have that kind of control when it comes to this aspect on which we know that it would really be always relevant that
having that kind of moderation and in control on how you do spend up money in terms of doing gambling. We do know that when it comes into this situation it would really be always crucial or important on having that moderation because we know on how destructive gambling addiction could be if you are really that putting up too much attention with it because even lets say that you are just not mindful about your spending
on which no matter how small that kind of intent would be but on the time that you are already losing up that much then you would really be having those thoughts that you shouldnt have done that.

You shouldnt be making yourself having that kind of regret just because you didnt put up that much in concern or attention into it. We do know that spending money is really just that too easy
but earning it would be hard. This is why it would really be just that right that you should really know on how to take control on whatever spending that you would really be gonna be dealing with.
We arent all that perfect but at least self control would really be something needed.

But many people who can wins from gambling doesn't know when they must quit gambling. That's why we heard about many people still lose their money including their win money and that's not stops them from playing gambling because they wants to gets their money back. Setting a specific bankroll is a must for every gamblers because that can helps them to reduce their lose in gambling and keeps their money for their next gambling activities.

A bankroll will be work if that person have discipline, self control, awareness and else so they can use gambling for having fun. They will not wants to chase the wins or recover their money because they know that's difficult so they just wants to enjoy their time to playing gambling. That will gives them an excitement when playing gambling so they can quit gambling in the right time.

Good for you that you can at least divert your attention and start doing other activities when you lose, most gamblers can't do that, they start making more deposits and try to recover their money after a loss and that makes them lose more money eventually. For such gamblers, having limits doesn't matter because they don't follow the limits they set for themselves, so it doesn't matter whether they have limits or not because they don't care about it.

Having limits only works for responsible gamblers because they know when they need to start and stop when they are gambling, and they don't do excessive gambling because they stop right after they lose a specific amount that they have decide before starting their session, and they do this all the time and not just once.

That is it, we don't need to start gambling as if it is a do or die affair for us to win, whoever gamble like that will not be able to control his losses. This is why some people plan when they want to gamble, they also have a certain amount that they will gamble with because they are only after the fun since they know that gambling is risky and if not properly done can frustrate your plan on your funds.

This is why to gamble responsible having a bankroll is a wise decision because it will help you not gamble above the amount that you have decided to use to gamble. When you don't have a bankroll, you might find it difficult to control your gambling activities because you lack financial management.

It depends on the person and the game in most cases but o would say that I always set a limit for myself on how much I am going to gamble- which is not very often at all, but honestly I think 5-10% sounds reasonable, but again it depends on the person and their income. 5-10% on 1k is not much but 1 mil is wild.

Hahaha...I'm confused right now with what you wrote. First, this is not a trading discussion thread but a gambling thread, and second, bankroll can't protect us from any form of losses whatsoever, it all depends on us, on how well we are prepared for gambling and how calculative and managerial we are in handling the bankroll.

The bankroll is just an overall deposited amount where we can be drawing our gambling wagering, but if carelessly managed, it can be a very quick catastrophe for the gambler. However, if well actualized budgetarily, this could further help our gambling experience to have meaning and enhance our overall responsible gambling.

Every gambler must have a specific budget before gambling and learn to consistently control themselves properly, for example many gambling sites hold demo games with fake money so that every gambler can learn to test their ability to control themselves and set a daily budget before playing with real money. It's not easy to do it consistently but it's not difficult to do either, that's why you use a demo account to learn to control yourself, I've also tried this method before and it works to be able to play responsibly, make sure you test it first with a demo account, if you've succeeded, you'll learn for sure. It's easy to do when playing with real money. At least you know when to gamble and when to stop gambling.