Bitcoin Forum

Experts say that we need at least a 53% win rate to be profitable in the long run. That means proper bankroll management is essential. if we hit that percentage, profit is guaranteed.

But… let’s be real.
Most gamblers don’t really have the discipline to manage their bankroll properly. First, many don’t have a decent bankroll, making it difficult to manage bets with limited funds. As a result, even if we hit a 53% win rate in a single session, placing multiple bets, the moment we start losing, our emotions take over. That’s when we bet aggressively to chase losses, and more often than not, it leads to even bigger losses.

So the question is: Can we really be disciplined when it comes to bankroll management?
If not, what’s holding us back?

Why not?

We've been able to see those successful sports bettors but pretty sure that the challenges that they had encountered along the way is never been easy. Im not talking about into the game type itself but the main issue on here is about yourself and some other factors too on which you have said about not having that enough bankroll but talking about on personal aspects then emotion and discipline will really be that something that needs up to be adjusted or having to control.  It all matters about on a certain individual because not all do share up with the same mentality when it comes to handling out risks on which there are ones who are really that highly reactive and there are ones who are just simply chilling and betting according to fun and entertainment. Bankroll management should really be that in default because once you dont have this thing then it will really be a huge mess up into your betting or gambling activity.

How can you get 53% odds of winning in a casino?

That seems odd.

Most casinos will offer bets that will give an advantage to the house, like 45/55 at least for example.

Having a higher than 50% chances of winning at a game with 2 possible outcomes would mean that you are guaranteed to win money in the long term, and therefore the casino would be bankrupt soon enough.

I don't buy this 53% figure.

Quite a few gamblers are going all in on 1 bet vs using any sort of bankroll management. The only time I really have ever heard the term used is from poker players. I suppose the same thing could be applied to sports betting and it would definitely teach a bettor some discipline if they stick to it.

I think that's what's holding bettors back, the fact that they have no discipline. They have greed and want to hit a double up on every bet, but 1 loss and it's game over til payday.

I hope we're on the same page here.. are you still thinking about sports betting? Because this discussion is about sports betting.

Now, regarding the 53% win rate, here’s the explanation… ( I rounded it off).


 What is the Break Even Win % for Sports Betting? (https://www.bettingpros.com/articles/what-is-the-break-even-win-for-sports-betting/#:~:text=By%20now%2C%20we've%20established,%2Deven%20mark%20by%200.6%25.)

There're gamblers that are disciplined with their bankroll management and there are also many who are just random in their decision making and therefore doesn't have such level of discipline and you can not change the fact that not every gambler can and will be disciplined, but it really helps to be disciplined and practice a good bankroll management.
Just yesterday on the "Would you rather take it slow, or just aim for a huge parlay win?" Thread, I quoted a user who said they had rather just spend $100 to place a single bet rather than take is slowly because that's going to make them not so comfortable.  Some people can not be so patient with managing their bankroll, they want to do whatever they want quickly and get out with either a lose or a win. So, there's always individual difference in what ever we do, everyone can not be the same.

Good bankroll management in sports bet and gambling generally comes down to discipline and how to achieve it is through having a budget. Responsible gambling centers on having a budget for your bets, have self control so that you don't exceed the amount planned for it. The benefits is that you won't be chasing loses because you already have a set amount for your bet, when you win you wouldn't over gamble with it because you've programmed your bankroll. Important to note is that amount that is budgeted for your bankroll should be what you can afford to loose.

I believe it can be done but like you said, emotions could sometimes ruin the process.

I don't jot down all my bets anymore but I am pretty sure I am not on deep losses when it comes to sports betting. My losses are mostly in slots. It's not like the losing streak in sports will keep on coming, there will be a time that we will win and a streak could also happen doing that.
I've seen it before when I was winning most of my bets every day in the NBA. But that only happened because I cannot decide yet on what team I will be a fan of. After watching some games, that's when it got messed up as I became emotional and made mistakes on my bets.
It's not the losses that made me change, becoming a fan can also be a factor in why we will lose our bets. Proper bankroll is needed, don't make it personal, and don't be vengeful.

53% doesn't look like a profitable rate. But its true though managing bankroll is not in every bettors mind. Been a sport fan and betting myself but not really getting serious in allocating funds to sports betting alone because all I do is whenever I found a good match, that's when I gamble. Its not a career path at all.

If any gambler in crypto taking managing bankroll seriously, he probably one of those who guys who have learned to use spreadsheets.  ;D

Honestly im kind of gambler who played at the certain time and hoping to win and cash out some profits. Got some money used, and alloted for that with self discipline approach to stop when I hit a loss or ended my allocated fund for that, and withdraw those profits I gained if I did. Not keeping records of wins and money losses to recover from.

I didnt think honestly that there are serious users and gamblers opted to monitoring their gambling activity and saving up figures of all losses and win.

Sometimes I myself have a bankroll that is not worth a small percentage for gambling so it is considered fun, maybe other bettors are serious about sports betting so they think about long-term winnings and it must meet the feasibility of the capital they have.

What is disciplined in bankroll management is not to exceed the specified limit, or smaller than that does not matter the important thing is not to exceed, but I do not think about the long term because it is too complicated if it is serious.

I understand that a 53% win rate and bankroll management are not my primary concerns. I will only deposit what I can afford to lose in my betting account. Even if I am making $100, I have become accustomed to depositing just $1 for gambling. No matter the outcome, I will not be hurt financially and will return to my daily life, living like everyone else in the world.

I believe there is no room for bankruptcy, suicide, or depression on my side. Those who experience these unfortunate situations often see them coming. Gambling should be approached with a mindset focused on limiting losses at all costs because, in the end, whatever is meant to happen will happen.

Gambling excels at one thing: taking everything from you or giving you a fleeting taste of victory before ultimately reclaiming it all.

Many sports bettors that I know and in the sports groups where betting on football is the subject of discussion, they don't talk about bankroll management. They only share the booking codes and you decide how you want to bet. Many of them put in all their monies at a go. Discipline is not the problem. The problem is that no one has talked to them about bankroll management. They don't care about bankroll management. All they want is to win.

I'm guilty of that too. I’ve lost count of how many times I tried to manage my bankroll, even keeping a spreadsheet to track my performance. But there’s always that little voice inside that makes us greedy, we’re never fully satisfied with our wins, and when we’re losing, we tend to chase. Once emotions take over, strategy goes out the window, and that becomes our biggest weakness.

No matter how much data we have on proper bankroll management, without discipline, we fail to follow it.
At the end of the day, even the best method is useless without the right execution.

That’s the mindset of typical gamblers. I think those who are disciplined with their bankroll are the ones who approach gambling professionally. They treat it like an investment, protecting their bankroll the way an investor protects their capital. If they end up in profit by the end of the season, that’s when they truly consider themselves successful. In short, their focus is long-term.

Meanwhile, for casual gamblers like us, a big win makes us feel like we’re really winning without even considering how much we’ve lost in the past. And that’s the difference.

Although I have a budget for gambling, I don't always stick to it because I'm usually gambling for fun. Some weekends, I bet on more sports games than others. You see, my betting pattern is inconsistent, and the amount I bet varies. For games I'm confident about, because I know the teams well, I bet higher. for games I'm less familiar with, I bet lower.

While a 53% win rate is above average, I believe that to consider yourself successful, your win rate should be higher. Otherwise, a 53% win rate means you're still struggling but true good bankroll management helps track your amount you've spent on betting, wins to losses but you need consistent wins which depends on luck.

Before I answer you question, I would love to ask a simple question, and it's based on what you have said about having 53% win rate to be profitable in gambling in the long run, and my question is, how exactly does a gambler or sports bettor know when their win rate or chances of winning is exactly 53% or more, or even less? I mean, how does a person know the percentage of their win rate per time and moment?

And to answer your question about discipline, it is actually wrong to use the word "us" in the last sentence, and this is because discipline is an individual thing and something we collectively practice, anybody on their own can decide to practice discipline if he or she so desire.
So, achieving discipline for the management of a person bankroll is very possible, but that falls on the individual who's in charge of his or her own bankroll, it's not a general or collective thing to do.

An individual who lacks discipline in real life and then ventures into gambling will also exhibit the same signs of indiscipline in gambling. This is not science but common sense.

If you are not a disciplined person, it would require extra efforts and consciousness for you to manage your bankroll properly. It is not something impossible.

Nothing is impossible if we put our minds to it and to be honest, managing our bankroll is not really the hardest thing to do anyway. Just take note of three things: how much is your total bankroll, how much will you take from your bankroll for every bet, and how to find a system that works for you when computing your profit.
Obviously greed because you are wanting to not have a bankroll at all and just spend and spend with no regard of whether you are spending too much and whether you are even earning some profit.

That's only work if the bookie take 10%, what if 13%? I've check many bookies take 13%. Use this site to calculate the juice rate https://www.bettoredge.com/fee-calculator

Imagine my winning percentage is 53% with 13% juice, if I bet $10 on 100 matches, I will only get $18.7 x 53 = $991.1 in return, which mean I'm loss about $9.9 from $1,000, so it's no longer working.

Odds matters, if you bet on low odds even you have 60%-70% winning chance, it's useless.

https://imgvb.com/images/2025/02/24/2d51d95ec436da4964402f87a04a2f44.png

It's achievable for most gamblers to be disciplined, but unfortunately, it's always easy for them to crack and fall for that greed as others have already said plus that urgency of winning your losses back once you start losing are one of the common culprits.

This reminds me of a situation i've encountered from another gambling community. Back then there was this red hot winning tipster that had an impressive record (something like 15-2) and once he lost twice in a row people started sending him discouraging stuff in his DMs like death threats making him take the blame when it's their choice to go all in and blindly trust someone's pick that much with their money.

Another bankroll management thread to act as a reminder of its importance and necessity if a person wants to gamble responsibly and win most of the time.
Discipline with bankroll management starts with understanding how much your starting bankroll should be.

Some don't even understand that the money you set aside for gambling is called a bankroll. They use the money from their income that is meant for other expenses and use it for gambling. I commented on a thread here that someone created a script to track their expenses, this is what someone can use to manage their bankroll if they need software to help them be disciplined in managing their bankroll.

Gambling responsibly does not guaranteed any of form or winning most of the time, gambling responsibly will only help the gambler to manage his or her money well, spend the right amount on gambling while the rest of his or her income is channeled into other important things that needs financial attention, the fact one is gambling responsibly, or practicing responsible gambling rather does not and Wil not give him or her any chances of winning most of the time time in the absents of luck, in fact, I can tell you that I myself have been a responsibly gambler for as much as I know myself, but my overall loses still is much higher than my over all winnings.

And discipline like it's Been explain by op and lots of other users commenting here, is indeed a vital tool that help gamblers ensure they actually practice responsible gambling, not just saying it and doing something else.

I am not sure I can disciplined for a long time in gambling when it comes to bankroll management. I am not too often playing gambling for a long time and choose to gambling for some enough time. I don't want to lose too much money if I playing gambling longer than usual because that is happened to me before. The bankroll management that I used so far is I only prepare for some enough money to gamble and will not trying to deposit more money if I almost run out of the money. I will choose to end my gambling time and leave the casino to prevent the temptation become big. I don't want to see myself lose control and use more money. That could be my time to lose more money because I feel that I am not too strong in controlling myself and that can lose anytime.

I also can't manage my bankroll with great rigidity and precision. I want to relax more in bets than to strain, although I choose games for betting very carefully. However, I remember many rules of how to manage a bankroll from poker, which has ironclad rules, for example, with a good game the bankroll becomes larger and only upon reaching certain values, we can rise higher in limits. This allows me to roughly understand how to manage a bankroll, but this does not mean that I do it, I manage it approximately correctly, but not very carefully.

This I would agree with. Sticking the win rate for success at a minimum, given how difficult it is to be a successful gambler, a 53% win rate is just okay to mark that.


Undoubtedly, most gamblers don’t and you can’t blame them. It’s a space where you’ve got to risk some good money for some unlikely options while depending on luck to pave the way. You wouldn’t always be the smart axx in the room but, if you do your bit with proper bankroll management, you would do just fine.
It’s not a matter of lacking in discipline as, what you don’t have, you learn to have that to save yourself some regrets.

Discipline lies on individual but are essentially required for keeping good financial management.
This option is easier to be handled when you are earlier concious to what probability it would be if you fails to observe disciplinary measures in gambling than late realization.

Perhaps... Realizing your self control over gambling in a long run must have been after you have lost beyond that has affected your bankroll. You might even get addicted at that point while faced struggling of how to rescue yourself out of it lately.

The chase of loose recoveries will always be stack moments for gamblers going indisciplined of their bankrolls because while you keep winning or loosing, the target of hitting a particular value before you take a break could be difficult and so on could be pointed at further looses.

I think it's more of like gamblers really wanting to play and win more. So most of us might not have discipline in the first place, even in winning, most of us are going to continue to gamble with the money that we have won instead of just taking a small break or maybe spend parts of that winning money specially if it is big enough. So it's more of the mentality, gamblers want more, simply as that.

So I will commend gamblers that have discipline to stay within their capital and if they won, take a rest and then follow their strategy so that they can stay in the game for so long. Self control and don't let our emotion takes control, but I know that it's very hard and difficult to do that and I'm not sure if there are gamblers that can be very consistent with that kind of strategy.

Our lack of discipline. That's what's holding us back. For one, I'm sure many of us are betting even if we aren't sure of our bets. The fun of placing a bet gets ahead of the discipline to make sure our bet is most likely winning. And there's probably no other way to do that than make a deep and comprehensive analysis. I don't do this as well. Most often, it's just about gut-feeling for me. Apart from this, I also bet on a player or team because I'm a fan, not because my objective analysis tells me to.

Having that discipline is kinda hard to achieve, most particularly for gambling where greed for money is at stake. Maybe for few gamblers, they can instill discipline and stick to it, but majority fail on it. Most of the time, emotions are taking us over regardless if we are in the streak of losing or winning. So discipline is hard to achieve when gambling, that’s why a lot of us end up losing and never make it big when gambling.

I am afraid that will only happen to some small number of people but many people will lose their money in gambling. Gambling can not give win in the long run instead losing their money so they must be careful when playing gambling. We can placing many bets because we know many teams that we can pick as the winner but we can not hope that will give win big money because we must understand that everything can happen in the middle of the match.

I am not sure with the disciplined can be applied in gambling because we know that the temptation can comes to us without we realize. That can make us deeper in gambling and we will difficult to control ourselves. We can only be careful and stay aware of our gambling activity and always limit our money and time to prevent the big lose.

You can win in sports betting in the long run even without bankroll management, you just probably wouldn't know it. Bankroll management keeps us posted to how much we have been spending and how much we have been losing or winning. With this we can see if we should adjust anything in terms of budgeting as is.

Without this, we might never know just how much we are spending all throughout our gambling journey. We might think that we are always winning or losing because there is no tangible results or no recorded ones.

It looks like they were talking about 53% over the long run, but it's not just that you need to win a little more than half of your bets, but that you need to stick to a strategy where the odds aren't too low, because in that case the winning percentage should be much higher.
And at first you don't have to think about a big bankroll, you need to achieve a positive trend first so that you start winning, and then think about increasing your bankroll.

Yes, we need that financial monitoring if we are to focus on winning in sports betting. Mainly for gamblers who are betting in many single lines in a day who believes they can win in either siding with the favorites or the underdogs. They must know if they are losing money or gaining more because that's when they will realize when to stop or not.
I only have a number of sport that I bet for and most of them are during weekends only so I don't really monitor the money that I gamble because I usually just bet to make the game more entertaining while drinking a beer on weekends. MMA or Boxing.

Earnestly, bankroll originates from income, gamblers use personal finances to wager, it's all fine, unless misused, that is using money meant for other responsibilities to gamble. Bankroll management is a broad topic in gaming, but to some, difficult to implement or practice. Due to the intriguing nature of gambling. The best act of management is holding back 10% of our income or less, depending on how fat the pay cheques is, for gaming.

Though it requires discipline, and proper self control to stop after all the funds has been exhausted. Many fail to realize they've gone passed the designated amount for gaming, and go ahead to wager more...it could happen to any player. Yet, staying committed to the strategy, yields better results than winning itself.

It is very true that when someone places a lot of bets and loses, it is usually very easy to get carried away by emotions when betting, and usually it will be a defeat in the end. Therefore, discipline is needed when gambling, be it discipline in managing money, time, emotions, and even self-limitation when experiencing defeat or victory, so that it can avoid the problem of loss. For me, the thing that can hold us back is a sense of responsibility and discipline, maybe it is not easy to be like that directly, so it is better to get used to it from small things first, then in the future it will be able to get used to big things like gambling, so that in the end we can become responsible gamblers.

It doesn't come down to discipline, it comes down to mathematics. Casinos have RTP and House Edge, which means that mathematically the profit is guaranteed on their side but it doesn't mean either that you'll lose. You might win but other players lose and opposite, you might lose but others win but in the end, casino doesn't lose more than all of other players combined, that's the power of mathematics. You need to be discipline with your bankroll in terms that you shouldn't bet more than you are willing to lose and don't gamble for profit, gamble for fun. Profit is just a beautiful bonus.

Agree if you have win rate above 50% meaning you are profitable in this game. If you have win rate lets say 60% all the time then you are profitable.

Also agree when emotion takes over it is hard to stay in control, if we win the jackpot on a single time usually what I do is put in a higher bet which is wrong in my opinion I mean if I won again that would be fine but if I lose I just losing lot o fmoney.

In theory we can disciplined but in reality its hard

Hitting a 60% win rate in the long run is tough but not impossible. If you place 1,000 bets, winning 600 and losing 400 will already put you in profit.

That 53% win rate is based on an average odds of 1.90, so if you’re consistently getting higher odds, you’ll be even more profitable.

It’s really all about the long run, you can’t claim to be good at sports betting without proving it over time. Maybe 1,000 bets is a good benchmark. If you can get at least 530 wins, you’ve already shown that you’re profitable.

I can have a 53% win rate for the year or 2024 and only bet a total of $10.  You don’t have to have a fat bank account, at, all.

Also only fools chase losses. I teach my clients this daily. Same type of thing with the stock market. People panic when they are down, most, and often badly.  Problem is no one reads. Well a small % of humans consistently read and educate themselves. I had I want to say 1200 one one one meetings last year with clients, of that 1200 , 1000 are absolutely completely clueless on basic finance. 100 are just intelligent enough to understand things quickly but still don’t work hard enough on their knowledge building, leaving 100 that know a little bit, really care, ask for education material, my advice in the broad scope of the financial sector etc.   

The study history’s main goal , google that if ya don’t know it

That would apply only if you play odd-on games.
If you always play on bets with some sort of value, so like picking a forecast, like betting on the underdog and not even mentioning parlays you will be safe even with a  20% strike rate, in some cases even lower, I know a racing tipster that has barely 25% strike rate and he is still overall well in green.


I don't understand the point that guy is trying to make, he is stuck on the scenario where a gambler keeps gambling on the same odds, and he talks about the cut, well, the thing is the cut is taken before the bet from the pot, two guys bet 110, one wins 100 the other loses everything, the guy that won never had even the remote impression that he could win $110 in the first place.

What holds us back from being less emotional and reasonable in our spending? Of course, passion and greed. Greed is in everyone. Who wouldn't want to win? And if they are, then thoughts will always arise that maybe there will be more. In the same way, in case of a loss, it is normal to win back, waiting for the return of your original bankroll. The problem is that it is not always possible to do this, and we are forced to leave with nothing if we cannot stop in time.

It can be said no, because emotions often control bettors, the feeling of confidence that they will win the bet because when analyzing they are sure the prediction will be correct, so they increase the bet and it turns out the results are not as expected.
So it is not easy to be disciplined in managing our bankroll, there are times when we can get confused, but if we want to succeed then we have to manage our bankroll again so that we don't go broke.

Bankroll management can be a difficult task when it comes to gambling as no one can guarantee you will win. If you can manage your bankroll properly you can win at sports betting in the long run but it is also important to control your emotions when you place your bets. When you are winning your emotions can increase and you may want to bet more. When you are losing you may get frustrated and want to bet more. In both cases it is important to control your emotions and not bet more than your set amount.

you do not have to win to manage your bankroll

often times when you are losing bankroll management is needed more than ever
and that is where bankroll management enters when you have a set amount you are not going to be tempted to go and gamble some more because you would want to stick with your bankroll

emotion and the drive that comes with attempting to win back lost gamble fund is always going to be an issue and that is he reason why no matter how much we talk about bankroll management, it is actually more difficult to implement it than it is to just talk about it. most of us don't even calculate our gambling wins and losses and just let things go like that, the moment you take a deliberate effort to actually look at your bankroll and try to mange it, you certainly discover that you have been gambling in a manner that can better be described as irresponsible gambling. truth is that it is never easy to manage your bankroll as a gambler but when you take it as a necessity and the easiest way to avoid getting addicted in the long run, you just have to do it even if it looks hard and save yourself from a bad gambling experience.

The importance of bankroll management in gambling can never be over emphasized, it is linked with proper risk management, knowing the amount to risk at a time and on the selected games, it doesn't cause one to have a good winning streak but can keep the gambler going until they get lucky for their best bet. If a gambler doesn't know how to manage bankroll, they can even lose all their money even before they win.

Can do well with bankroll management but sometimes it's the discipline that is difficult sometimes can break the rules that are made by themselves... But I always make sure that the bankroll will not be big.
Our problem is... sometimes the bankroll is not available every week, so always refrain from gambling.

We cant be perfect and there are really those times or moments that you do break the rule that you had set out earlier. We are just humans on which we do have that emotions on which at the moment that you've been disrupted with those loses that you do have on which it will really be affecting out your emotions on which it will be leading out on having that kind of impulsiveness on which not only on choosing up bets but also into the amount that you would really be using into your bets on which this will be that resulting into this behavior. Sooner or later at the moment that you had made out such experience then you will be able to find out on what are those mistakes that you had done in the past. It is really just that there are those situations that you do able to realize and on next time you do know on what you should gonna do. Speaking about on winning up on sports betting then it will be just that basing up into your bankroll management but also into emotional control as well. You would be finding out its relevance at the moment that you had made out adjustments in both thing at the time that you do make some sports betting. Well, it cant be perfect but you will be able to see out on how important it would be on having that kind of moderation and control towards self.

I would say yes we can be discipline,  firstly understand that discipline is a state of mind and anyone can actually have that state of mind if they want to, if you decide to put yourself in a position where you will be discipline and get this done, I believe it's just a matter of time and you will be able  to get this done and begin to be profitable,  since the key factor here is discipline,  all it takes it that discipline mindset which is again achievable at all times.

Bankroll management is just prevent you from loss more than what you can afford to lose.

While winning in the long run is a combination of skill and luck.

It's a very big difference and either of them has no correlation, if you have a good skill and luck, you can win in the long run, which make you don't have to manage your bankroll.

Managing bankroll has no impact to win in gambling.

If a beginner asks for my advice about the best way to approach gambling I would emphasize more risk management because it's the most important thing you need to practice, it cuts down and mitigates the losses you incur. As we all know losses are inevitable in gambling, but with proper bankroll management you can reduce the impacts of those losses. As someone that gambles on sports I don't chase my profits and I also don't double my stake on the next game because my previous bet wasn't successful, I make sure that my stake is always the same amount and something that wouldn't bother me Even if I lose.

True, but most gamblers can't see that simple fact and digest their losses instead, they go ahead and keep trying until they lose more and eventually stop when they have nothing left to try again. It's a wrong mindset but you can't convince them because sometimes, as you said, it happens to give us our money back when we try again, but since it's gambling and house will most probably stay above, we can't achieve that every time.

The right mindset for a gambler is to understand that the money you lose in one session is gone for good, you can try your luck again later and you may win something back, but there is still no guarantee for that, and when you don't win in the next session, the same thing applies, trying harder doesn't get you your money back in gambling, that's not how this system is designed.

When gamblers do Bankroll management well, it does prevent bigger losses. I don't know if it really is that important for the long-term winning of sports bettors. because some sports bettors sometimes spend their money on some bets.
maybe in casino games, it will be related to longer game will last. but in sports betting what happens is maybe divided into more bets. even that will not give more chances to win.
as you said, in sports betting gamblers will rely more on their skill and luck.

This is subjective.  There are people who are able to control themselves in gambling and there are also people who can't.  So the answer to this is yes and no.  Yes for those who have a strong sense of self-control and no for those who prioritize entertainment or are easily triggered to revenge gambling.


Mostly greed is holding us back, we also can't remove the possibility of pride or have not learned the proper bankroll management.

to be able to be disciplined in bankroll management it may require consistency from gambler... it may be more difficult because even though gamblers have set their bankroll but still gamble beyond the limits, either because they are carried away or because they want to chase their losses. they gamble without thinking about the bankroll they have set before. things like this are what make it difficult for the majority of gamblers to gamble according to the bankroll they have set. but if they should have good consistency in maintaining how they manage their bankroll and continue to gamble within limits, it shouldn't be a problem for them.

The dilemma of most gamblers is to play beyond their set limits. As they can easily deposit after they got busted, sometimes it is how they control themselves in front of their games. You can only have good bankroll management if you practice discipline all the time. Call it a day after you depleted your bankroll for that session. Don't make excuses just to replenish with another deposit. Because being lenient with yourself will eventually break your limits.

So yes, you can be disciplined if you are determined to follow your set boundaries and not go beyond your expenditures. If not, remind yourself about the aftermath of your decision. Because at the end of the day, it is your own financials which will be directly affected and that is your business to take care of.

Passion and greed... I would say greed is already enough to derail the feelings of any bettor, in my opinion.
It is quite ironic, because I would dare to say greed is one of the main fuels of this industry and also what fuels people to seek to predict the future and guess on matches.
In the case of passion, there are very few people who only bet for the sake of the passion of sports, even those who do end up seeking for money, to monetize their knowledge and passion for their sport.

Bankroll management involves many things, in fact let's start with that adjective, you really understand it (we understand), management.

In your words, some things related to the concept, I have mentioned it in other posts, management begins by not using the phrase; "use money that you are willing to lose," no, eliminate it, use money that you are willing to make profitable, to win.(by fM)

Those who use that phrase from the start do not plan anything, and therefore do not understand the importance of a bet size, bankroll management begins by understanding that you have to be clear about your bet size, and in that line be able to support emotional bets, yes, no matter how organized or planned you are, the bettor who says he does not have them is a liar, but the problem is not making them, it is not being aware of their planning or allowing them within a framework of profits.

Bankroll management starts with having a healthy life as far as possible, your gaming environment,  have a proper sex life, yeah,  there are stress has to be released, hehe, but seriously, bankroll management for betting is not putting your hands in your pockets and betting, well at least if you want to get out of that recreational player status you have to start doing many things, it's not magic, or it's not just saying: I manage my wallet/deposits."

Which experts are these? Surely you only need a 51% or even 50.5% win rate to technically be profitable in the long run? Is this some margin of error that you have added on top of the 50% break even mark, because it is not explained at all. If you're really looking at this level and pouring over the odds to squeak that extra bit of money out of your bets, then certainly checking the odds across many different bookmakers will make a huge difference in the long run - as I've seen variability around 0.1 on some tight football game odds between bookmakers, but if you start looking at horse races as well you begin to see massive differences in prices offered and there is certainly the potential for arbitrage there.. if you can keep your accounts alive.

Good bankroll management means betting a consistent, small percentage of your total funds. This cushions losses and allows you to stay in the game long-term. Chasing losses with bigger bets is a recipe for disaster. A structured approach helps you avoid emotional decisions and stick to your strategy.

I believe that a bankroll management is the key for the success on gambling!

it is easy to say than done. wining %53 in gambling to be profitable is very difficult because i can imagine how difficult it is to even win in betting and or gambling talk more of %53 win. that will be a whole lot of win to achieve that number.

yeah actually bankroll management can be challenging, not everyone that can manage bankroll. as a matter of fact majority of people are controlled by their emotion and they misuse their bankroll earlier before time. most especially being controlled by addiction

Yes we can be disciplined through years of gambling because I do it  personally now compared to my newbie days on gambling which I don’t have enough patience to play longer.

Patience is not the most important factor rather the house edge of the game makes being successful in the long almost impossible especially if you are playing luck based game.

Some gambler manage to become successful in the long run by playing skill based game but I doubt it’s applicable to everyone since we have different set of skills.

For me, yes, we can be disciplined when it comes to bankroll management in gambling, but in price, most people struggle with it - some are only good at the beginning.
The major reason for me is emotional decision-making, where for example when they lose, they chase losses, trying to win back money quickly. We can also consider the lack of clear strategy on where to be able to practice bankroll management, where many gamblers  don't have a proper bankroll management plan, and even if they do sometimes, they might not stick to it (no consistency).

Yeah, I agree with this.

Basically you need to gamble a certain amount that is way lower than what you are making every month/week/etc.

If you are able to keep those costs under control, you might have a chance to keep gambling forever, provided that you never go "all in".

Now, in terms of winning in the long run, that's probably not going to happen as the odds are stacked against the gambler, and the longer the amount of bets, the closer to that reality.

Of course, implementing discipline in bankroll management can be done because it will be the same as managing finances, but will this approach be successful in providing benefits.
Just imagine, out of 100 bets in one month, most of them are lost and win may not be able to cover the amount of losses that have occurred, how can we get long-term profits if we lost more often.

We can. Just that it's a matter of "how much" most of the time. Like for majority of the people that gamble their bankrolls can be really really low in amounts. This pretty much just leads to low wins, low profits even if they do manage they're bankroll properly so it doesn't really look like "that" much of a win. Compare that to people who win it big once, the difference is insane! So if you're a gambler who wants to hit, then bet all you want I suppose. If you're someone who enjoys gambling hence gamble for a long time then yeah, bankroll management is something you'd want to do.

Sometimes it will really be that a matter of patience or simply needing up that emotion control too because there are bettors who doesnt really like on making up that number of bets in a single month like 50 or 100 bets on which its been divided into their overall bankroll, on which they would really be rather be preferring on having that 5-10 bets for a month on which it will be divided into their bankroll on which actually this isnt that bad either because you are the ones will really be making out such decision on what kind of betting style you would be having. Of course you would be needing up that good bankroll management because there are bettors who do make out that all in bet on a single game and once they do bust up then they will really already be having those regrets.Thinking about long run then im not that kind of bettor who do think up this kind of approach because i do only play or make bets accordingly on basing up into my mood. So therefore it will really be that situational into this aspect because you are the ones that making up adjustment into the no. of games you do bet and on the amount that you will be putting on.

The greed and desire to want to get more money after a win is a major factor why majority of gamblers can never be disciplined enough when it comes to bankroll management, most especially when a new gambler just won a reasonable amount of money during his/her first trial.  Because despite gambling been a game of luck, I'm sure there are many gamblers out there who still have this ideology if you continue gambling after a big win, you are likely to win more, not knowing it's not always like that, but luck, since the outcome of a gambling event are usually a product of random algorithm.

We can try, but it’s easily said than to keep and follow the rules. Sometimes we can plan how to keep a clean bankroll and manage it efficiently but immediately we have a winning from our first few games we are already deviating from that set out plan, it start with our bet among for each game being increased, and if their is also a streak lose this one is quick to affect our emotions negatively which is already half way down the road from breaking our own rules.

Well, it does require extraordinary efforts and also seriousness and high consistency to be able to realize all plans and things that have been prepared. Because indeed in betting like this, there are so many temptations that we often do not realize and finally make us too carried away with betting activities, so that it is dangerous for us and has passed or broken our own rules and plans. yes, however, that does not mean it can not be done, what is that, we just keep trying to be able to do it well and wisely.

Anything money management is not easy like we do imagine it. Many plans will be made but to have the discipline is not an easy task in gambling. But i agree with you. Managing our bankrolll is possible to some extent while gradually we can get used to it if we keep practicing the management thing for a  very long time. I think it is a good thing to start managing our bankroll to avoid addiction.

It is common with sports betting as well as casino games. At least with sports betting based on one's skill and knowledge associated with the event, it is possible to win, whereas with casino games, the dependence on luck is very big. With sports betting, we have enough time so that even if the bet gets lost, we'll take time to predict the next match. With casino games, everything happens instantly, and we get emotional, which isn't good, and the direct impact can be felt upon the fund. So, gambling is all about control and limiting ourselves, with which better bankroll management is possible to some extent.

I completely agree with you and doubt that anyone will contradict you that bankroll management is essential to have a profitable performance in the long term, but this is only possible for those who recognize and truly believe that discipline and self-control are essential for this.

As you mentioned, it is really easy to get carried away by emotions and bet excessively when you are losing with the intention of chasing the loss and trying to recover the lost value, but with this people put aside their entire strategy and let themselves be carried away by the adrenaline of the game, forgetting that the objective is much greater than that and that the most sensible thing is to accept the occasional loss.

I think it all comes down to having a good betting plan, something that is well defined and above all... "achievable", not something exorbitant, from there define a bankroll management strategy and do everything to comply with the betting limits, profit goals and contingency plan for losses.

I don't aim for profit in my bets, but I'm sure that for those who think differently from me, only with discipline, knowledge and self-control is it possible to be profitable in the long term and avoid the common traps that can lead to the loss of your entire bankroll.

sure we can, but hen again, it would depend from person to person. pretty certain a lot of gamblers are already doing it, I mean, if gamblers can dicipline themselves enough to stop gambling when they need too they can also dicipline themselves to properly manage their bankroll.

anyway, would you mind sharing the article where the expert says you need "53%" win rate to be profitable in the long run in sportsbetting?

The truth is on a general basis of you try to scale up the profit status of most gamblers, many of them are actually near even or in loss if you carry out a net algebraic sum of both their profits and losses. This is actually the most common scenario where monitoring your bankroll actually matters. As a matter of fact it would actually help you control how much you lose and how often you lose it.
In addition it will make you understand how to manage your risks because it would not be rational to go risking above necessary in the wrong sections and games.

here mate..
https://www.elitepickz.com/blog/winning-percentage-of-professional-sports-bettors

Just make sure you manage your bankroll properly so you can last longer and stay profitable if you achieve that winning rate. It’s not as easy as it sounds, but bankroll management is the most important factor. One mistake could wipe out your entire bankroll, so staying disciplined is a must.

Gambling is not an investment where you will be expecting a profit after a long time, one mistake people make is by approaching gambling in such a way that they tend to have high hopes of getting a substantial amount of money as rewards for being a gambler, there is no such thing and No one is doing gambling a favor, it is a game of course for those that have interest in it which should be done without self pressure, there is no cause for alarm gambling is for everybody and it is not also for everybody, profiting in gambling is not guaranteed hence there is no need expecting much from gambling even after a long time the reason why we should only gamble with an amount that we can let go. Managing finance will only profit you in terms of not allocating more than you should have in to gambling.

since all casino games are house-favored, as you said, it’s impossible to maintain a 53% win rate in the long run. however, in sports betting and other types where the site doesn’t have full control, you can reach 53% with experience and luck.

it’s difficult either way, but not impossible. with proper bankroll management, it can be done.

Pressure and emotion. You'll not be able to control them when these hits your back badly. You can boast on how good you are in bankroll management until you become emotion and you've entered a losing streak. This makes you want to gamble more and return as much as you've taken. And even someone is winning quite good some of money but not good in bankroll management, the temple is still going to be destroyed with every wrong decision on how to handle money properly. This is why gamblers need to control their poised and as well as those factors that I have said.

With proper management of your bankroll the chances of securing 53 percent win is still very low, we can’t always be on the right side of our prediction, 54% is achievable but it’s unlikely for that to happen, even with the analyzing skill you will still need massive luck in other to remain in that level do long period of time, gambling no matter which type of game or option you are playing, the house will always have the greater winning advantage.

How is it calculated that a 53% win rate can be settled? All the houses have been created to make them benefit not to make a profit for the users. So there might be no way to maintain a 53% winning rate in the long run though a higher rate might be possible for the users who play for a short time.

Perhaps not just greed but other things like lack of of knowledge of what gambling truly is and also the lack of unplanned gambling.  There's no doubt that there are so many newbies who just got into gambling inexperienced and they are just there with the main aim of making money and they can really do any crazy thing to win and it doesn't matter if they are doing it wrongly or not. They don't even know what roll management mean at all.

A lot of people do not bother learning much when it comes to gambling because a lot of people got into gambling hoping to just have fun and enjoy themselves. Too much studying and planning would not be fun anymore.
Eventually though experience will teach you a lot of stuff that you would not even need to intentionally study it. You would learn from when you go through the experience yourself.

Honestly, the whole topic is nonsense. You don't need to be an expert to understand that if you would win 53% times out of 100 from the dice, then winnings would be guaranteed. But OP isn't talking about dice or isn't taking the odds into "calculations".

How he would guarantee that 53% win rate? OP is saying that's bankroll management, which has zero to do with winning rate, or winning at all to be honest. All that good bankroll management does, is makes it sure that you aren't going over your budget. That's not a guarantee of profit, that's a guarantee of not getting rekt.