Bitcoin Forum

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

I think this is right. In the end, the odds are against the gambler, so in the long term the gambler will lose all the money they are betting.

Of course you need to be aware of this reality, because otherwise you will end up losing all your money in total.

There are many gamblers that think that they can recover the money that they have lost by continuing betting. It's a bit strange that the mind tricks us into thinking that the actual thing that made us lost our money in the first place will make it back.

It’s more of a superstitious belief if you’re gambling on luck-based games. While it’s true that bankroll management doesn’t improve your odds of winning, it helps you last longer in the game which is important because gambling isn’t just about winning, it’s also about having fun.

I don’t know if there’s any gambler who goes all-in every single time even if they win sometimes, that doesn’t seem enjoyable at all. Let’s be realistic .. gambling is about sustaining the experience, not just betting recklessly for the thrill of an all-or-nothing play.

Bankroll management is not a practice reserved for those involved in sports betting and other games based on skill. It is generally applicable to all types of gamble, and if not properly applied, gambling can be devastating. My understanding of bankroll management has to do with how much to gamble with per day or per time and what percentage of the balance to withdraw when there is winning. Those who lack proper bankroll management end up not knowing when to stop and when they win,  they continue gambling until they give the money back to the casinos. Even luck base games can give a gambler massive winning but when such user lacks proper bankroll management,  the feeling that such luck will tarry will overwhelme him and in the end he might end up turning that day into a very terrible day by losing all that money.

We know when to stop, but knowing when to win - that’s the tricky part.

So in reality, bankroll management isn’t about knowing when to stop, but more about having a structured strategy where we bet only a certain percentage of our bankroll. It’s a way to measure discipline, if we stick to the rules we set for ourselves, that means we’re gambling responsibly.

For example, if we decide on a 5% per wager rule, we need to strictly follow it. If we start going aggressive, that’s a clear sign that we lack discipline, and that’s where most gamblers end up losing control.

The most important point of bankroll management is set up an appropriate budget for gambling and stick with it, so if you only deposit intended for gambling, you're already applying bankroll management.

What I read from many articles, when they talk about bankroll management, the point is stick with budget and the rest of are just bullshit motivation.

sorry if i'm wrong.
I understand what you mean, but I myself think that money management in gambling is still quite important and must be considered, such as the money that we will deposit at the casino to be gambled, of course it must be money that is not intended for other things. There are people who gamble with poor money management so that they deposit money that is basically money for other things, such as money for savings or for other needs but is used for gambling. It is true that this does not affect the results of the game which is based on luck, but when you gamble without good money management, what can happen is that you can gamble excessively. This must be avoided and one way is with good money management.

I disagree with this for two reasons. First of all, what is luck? This is the variance of the result. Roughly speaking, where is the chance to catch the variance higher: bet all the money on 1 spin or bet 10 times and make 10 spins? In the second option. But that means bankroll management.

The second reason is that bankroll management is of great importance as a factor that disciplines the gambler and helps him not to become addicted to gambling.

Of course there is a need for bankroll management. Especially since it's a game of luck, you have to get the sense of stretching your luck and when you're trying more probable scenarios.

When playing blackjack there's a prime example of bankroll management. In this game you can perform some basic card counting to see when you have better odds. At this stage it's more probable to win so it makes sense to make larger bets only then. In the meantime you need to perform bankroll management with small or even minimum bets so you're not kicked off the table for not betting.

If you want to leave it up to luck completely, you still need some common sense. Would you go all in on blackjack with a hand of 14? Doesn't sound like a good idea probably. It goes this way for many games also.

You spoke from the direction of gambling for profits and not gambling for fun and even if you are gambling to make profits you still need to manage your bankroll properly because the longer you play the more chances of your luck to win, let's say for example if you have $100 as your deposit balance and you go all in at once with staking to the total amount and you get unlucky to lose, you end your gambling session then.

But if you have bankroll management, you will not be under any pressure since you will still have some balance remaining because you did not stake your first bet with all your balance.

You can see that it's a two-way thing, and individuals choose what and how they play and how long they intend to remain in the game.

If you play gambling games based on luck, you must have bankroll management to prevent the bad thing happen. Gambling games based on luck can make you forget about limitation in gambling so that make you use too big money which can impact to the big loss.

You only deposit some amount of money you can afford to lose so you can prevent the big lose that can happen anytime. That is the important thing that you must do when you gambling so you don't have to feel sad if you lose.

The other thing that you must remember is never go all-in in gambling because that make your bet bigger than before. It is better to use smallest bet to prevent the big lose by using limitation.

I would disagree. It does not matter what game you are playing, a bankroll can still be useful to any gambler.
Bankroll management is not just for maximizing profits. It is also to make sure that you remain on budget and that you do not go rogue and start gambling irresponsibly. It is also a way to prolong your playing time. If you bet everything on one game and you lose, how else will you play after that without needing to deposit more?

Yes, the post seemed important to me because the bank roll is very important in making it bad. If you bet through the bank roll system you will do it within your limit. And if you’re within your limits, you don’t have a chance. And you’ll proceed according to your limit. It won’t affect the actual effect of addiction on you. And if you don’t use the bank system, you’ll fall into additional addiction and you’ll lose your money and you can be discharged in the last. I think the bank roller system is good for that.

Yes, the post seemed important to me because the bank roll is very important in making it bad. If you bet through the bank roll system you will do it within your limit. And if you’re within your limits, you don’t have a chance. And you’ll proceed according to your limit. It won’t affect the actual effect of addiction on you. And if you don’t use the bank system, you’ll fall into additional addiction and you’ll lose your money and you can be discharged in the last. I think the bank roller system is good for that.

There is no stress in bank management. All you need to do is to set aside the money you need for gambling and not spend more than that. It also helped in other places. People use it to make sure they do not spend more than necessary on something, like gambling. Gambling is in a way that a gambler might lose and keep on depositing more money, but bankroll management will help the person to know that he should not spend more than the money he has initially deposited.

Without taking the valuable input you have shared, it would be nice to know what kind of gambling you prefer..is it casino based 🎰 or sports gambling ⚽️ 🥅..I ask because if I was sports betting it's more likely that bankroll won't be necessary,  but should I opt to go with the casino, bankroll is everything here which is why volatility and RTP come into play when it comes to winning  8)

Right on the money, well said.

It is indeed all luck however we also have to acknowledge that in some situations we could have specific goals.

For instance, when I'm trying to complete the wager requirement to be able to withdraw my bonus. I consider bankroll management as a pretty effective strategy that helped me up to a certain extent. Many times I was able to complete my wager requirement and withdraw. Especially at metawin.com where I only need an easy 1x wager lol.

I disagree. You still need bankroll management. It's true that the money we've deposited in our account balances is intended for gambling. The situation might change in an instance that we're not expecting.

Some unforeseen events could happen, and that money is being needed for that purpose, so we can withdraw it anytime we wish to. Or, if we're in a losing streak, doesn't mean that we can let all of it lose.

The odds and luck won't change but the other situation could change where in decisions like this could help us effectively.

The worth of your bankroll does not change the outcome in anyway and what will be will be. That's a good point but don't you thinking having a bankroll management could limit you from excessive losses? Instead of just losing all your bankroll at once without making any profit, do you know that splitting it could limit your loses and reduce the metal stress you might get after consecutive losses.
It is still better for you to use the bankroll gradually than to just burn immediately within a short period of time.

I believe that bankroll management is essential in gambling whether it's 100% luck based or skill based, so far you're using money you need to manage your funds. Without a bankroll management you can use more than what you can afford to loose to play games and it'll be irresponsible gambling. With bankroll management you'll know when you've reached your limit for the day and quit. My understanding of bankroll management is having a budget for your gambling, without it you might continue to chase loses if it's not your lucky day to win and it can lead to addiction.

I think you are misunderstanding something here, when we talks about bankroll management that doesn't implies a money already deposited in your gambling account but the total amount or sum you need to be making deposit to your account is what i understood by bankroll management.

For instance; you can map out $300 for the week to gamble with it and when this money is exhausted you wouldn't for any reason go make additional deposit just to continue gambling after having exhausted your initial deposit of $300. This is what is called bankroll management. Therefore whether you go all-in-one or you split $10 into 30 places it doesn't  matter, but also to stay long while gambling you may decides to part it to keep enjoying the fun while gambling.

Whatever will not change the results you will get even when you do all in, but there are some people who when playing want to get more pleasure, meaning they divide their money to have longer gambling in some time, winning is an additional bonus when you are lucky, while people who are looking for victory and financial gain like you do not think about it, and of course people who do not have bankroll management are usually impulsive people in gambling, you should be aware of that position.

It depends on what you are gambling on. If you deposited to play slots, then yes I agree with you. If you are playing poker or sportsbetting, then I disagree. You don't wanna take $1000 and sit at a poker table and shove all in 1st hand you are dealt and pray you win. You wanna sit with $100 10 times and try to be patient and profit as many sessions as you can. Having 10 buyins means you have more chances to catch a hot run of cards or you have chances to recover if you take a loss on another session. Same for sports, you get 10 shots at making a profit.

I disagree on this subject. Should bankroll management be correct it would allow your to reduce the number of errors at your decision making no matter what the house edge is. Take the slot games for instance. The average value of house edge relevant to such games is around 15 % . Knowing this and watching close for your bankroll plot that tend to go downward at every your try you would you would ether walk away from these games to find a better option to gamble or reduce the price for each try to increase the number of attempts with the aim to win at the end.

I mean in terms of trying to win, yes, it doesn't matter. Nothing matters really since its based on luck. Bankroll management matters IF you don't want to spend all your money on gambling and want to be responsible about it. They are two different matters yes, but they're still related since they all connect to your bank account. And you don't necessarily have to decide on your bankroll WHILE playing the game lol. Just think about it before, deposit the planned amount, then play the heck out of what you have.

It seems that whenever someone's put that money and have it deposit, which means that all of it should be gambled. You're right, it shouldn't be like that. We're still free to use that money for something else and we can continue to gamble with however amount we want to without emptying our pockets and balances on our accounts. Whichever amount is deposited and will be deposited on ourselves, we still have total control for it.

I've done both, and i'll always stick with some form of bankroll management, even if the game heavily relies on luck. There's always a slim chance of turning your session around in the final few bets of your bankroll, and i'd rather grind my chances until the end than spend one deposit per bet before getting to that turning point.

Even though I get your point, I wouldn't go as far as saying it's unnecessary. It might make most of your session stressful because you could always find yourself losing more than half of your bets, but it's better that way than to play recklessly and go over your limit.

I don't see much sense in it either, the only logical way it makes sense is that you can get more money for your money. But bankroll management is designed for games where you can make decisions of positive expected value, and therefore in the long run you will win money, to avoid the risk of bankruptcy in the short term due to a bad streak.

Bankroll management is more than this for me because gambling bankroll management is how I spend my money on gambling wisely. It is not just the money that I deposited on my gambling account but the way I am managing the money so that I will not spend it recklessly on gambling. I think OP thinks bankroll management is only the money you have in gambling account but it should not be. In all games, including slots and others, I disagree with him.

Bankroll management was never intended to benefit your odds, it exists has a cure for the mismanagement of funds, yes gambling depends entirely on pure luck like you said but we all have different risk tolerances don't you think?

If you are meant to have an hour of fun gambling in a casino with small amount of money, you don't want to go all in, because where is the fun of losing it all in a second or minute and you still have a lot of time left to go?

I do slots a lot and I have an exact amount I use on every round to prolong my gambling session unless a sudden win occurs, I am not like every other gamblers, we can't all be the same, many gamblers do need bank roll management, it will help the majority of them.

Don't we consider management of bankroll as opportunity to try again? If you manage your money well then you will have the chance to try another luck if first one failed. Therefore, to throw in all your money at once on a game is like throwing in the towel for a boxer who is giving up on a boxing match.

It is the high stakers that won't bother about the management of their bankroll but if you believe in gradual then you will not consider using all bankroll at once. However, it is not that it changes anything and guarantees you winning but it is an opportunity to try again.

Perhaps, and as the OP says, you can consider your path as continuous with all these bets, and of course everything goes in favor of the casino, which will ultimately not leave itself without profit. Bankroll management allows the player to simply extend his path and not make furious bets in one day and place big bets that he will have to earn for several months. For example, I want to play more and relax a little, so I understand that I will not place big bets, because then I will no longer be able to be in the game, sometimes I want to.

If you are already aware of this, of course you know what you have to do.
Luck will not always come and any management will only limit how much money you spend on a game that you will eventually lose.

The most important thing is to limit how much money you allocate, it is enough to eliminate higher stress levels.
Aware that what was deposited would not come back and only became a game as entertainment without expecting big profits.

I would not consider completely useless. Even if these money have been deposited this not means you can't withdraw...

in some cases, have a look on money management could allow at least to maximize number of bets that can be played.
I know it's not enough for a profit, but at least it's something for having fun while gambling.

Of course the more you play, more you lose. But RTP is not totally against players... in some cases it could be possible have an advantage while playing... likewise trying to hit a jackpot or playing bigger after a while.

Emotion and Greed is real within gamblers.

They can wipe out a bankroll and find another means of depositing money that they aren't ready to lose.

I am surprised that a fellow gambler is talking this way, you should know better, bankroll management can be managed correctly by a discipline gambler, just because there is something called bankroll management doesn't mean every gamblers know how to handle it.

Many people knows what bankroll management is but they can't control their desires and emotions, they plan to risk only $1 per day for gambling but when they lost all the $1 they will proceed to deposits more money because they want their winnings to happen today.

Who says when they have better bankroll management will increase victory? I also agreed that the right would not occur to increase their home or luck, in the end it would say the same thing that luck was a mystery in gambling so that there was no guarantee in any way to get an existence.

I think it is an expression of duping for people who believe will believe him and the sane person will reject such things in his mind.

I think bankroll management matters because regardless of you having the potential of losing all the money that you deposited but managing it in small bets can increase your odds of winning. The odds does not change but your chances improve and with that you would not be tempted to add more money to the initial capital unlike when you go all in, as you lose you would still want to bet more therefore you will be depositing additional money. The more you gamble for an average person that is not addicted, you will get tired as you are not winning but if just after one bet and you were closed to winning, you will think there are better chances for you to win therefore you will want to bet more.

I don't agree with you op, i wouldn't want to deposit $200 into a casino and spin the wheel once in a slot game, placing all of my $200 in that one spin, it reduces my chances of winning. It is much better i divide my bankroll into bits, i know it is all about luck, but the more i play, the higher the chances i could get lucky. It is the same in sports betting, i rather have different parlays and single games and divide my bankroll amongst them, than staking it all in one betslip.

Be warned with this misconception because holding on to bankrolls in gambling clearly has nothing to do with manipulating the game odds rather it helps individual gamblers to gamble responsibly in the sense that it would not affect their savings and incomes.

It periodically fostered to bet with what is affordable to loose so as not to gamble with unlimited financial budget at the course of gambling just for fun or chasing profits with a high velocity to loose in a short and long term.

These reasons is why it is necessary to watch your bankrolls and bet conciously according to your budget.

Bankroll management matters a lot when gambling, because it will limit your losses i.e you will have a specific amount that would be used to bet. The moment you have lost that amount, you stop gambling immediately. If you are the type that loves gambling maybe, three time a weak. Bankroll management will help you not gamble all your funds at once if you don't want it like that.

Only gamblers that gambles once in a blue moon that don't need bankroll management. Lack of bankroll management will make you gamble more than what you can afford to lose. If we manage our income to meet up with our needs. We must also have financial management on whatever has to do with money.

Sometimes I really think that is since after all we cannot use anything to increase our chance to win. Everything is random in game of luck, that's why instead about thinking about those things and stress out our selves for heavily considering those things.

So maybe we just enjoy the amount we deposited since I guess this is more better to consider and let the luck came if that situation would really came. But just make sure that you will not have those chasing losses or winning mindset since this is actually the common root cause on why people lose their money in gambling.

What we can only do is control ourselves from depositing more after defeat. We must understand that there's a chance that we won't get back what we lost and even if we use a lot of money it won't change a thing that everything is luck-based, especially the slot games. I think I've lost enough to understand this, we can chase our losses playing slots but there's no guarantee that we will get it all back. Worse, we could be losing more as we continue trying to play the game that has no analysis whatsoever. We are just clinging to a chance to win or the RTP that sometimes does not even exist.

It is foolish to depend on luck all the time, especially in gambling, if you always depend on luck then luck will never win you in gambling. We can distinguish between good and bad, since we have this sense power so why should we depend on luck. If we have to rely on luck then I don't think we should gamble. We should look at those gamblers who have not succeeded by luck but by their skill and experience to a good level of gambling. I think it is better to depend on yourself and lose money than to gamble by depending on others. When a person gambles using his intelligence the results may be against him at first but later the results may be in his favor as he will gradually develop a better understanding of it.

Precisely when you play a game based on luck you need to manage your bankroll, because people who gamble without good bankroll management will only end up spending all their money since they do not have good management in their money and they only play following their emotions. Managing a bankroll will not increase your chances of winning, but having a good bankroll will make you play more responsibly and you can maintain how your gambling can be longer without going bankrupt due to impulsive decisions.

I think there is daily bankroll management and monthly bankroll management. From your discretionary income you can choose to deposit a percentage you will be using for the month to gamble. So you gat to manage your bankroll daily if not you might end up using the entire money for the month in a few days.

Note the first bankroll management done there is when you first exclude your gambling money from your discretionary income. This means you dont have to tamper in the remaining discretionary that might be used for something else like investment.

Sometimes luck is completely against you and bankroll has no effect. I think luck has a lot to do with getting the allocation and winning where defeat is the norm. The point of bankroll management is to keep your funds flowing and managed in a way that suits your needs. Be prepared to lose the amount of funds you already have allocated and at the same time, allocate the funds allocated for entertainment. Always evaluate experience over luck as a key factor in your success in any game. Past history is a lesson for you, but if the present is more promising, it will be more fruitful in the future.

I am sorry and I am not trying to be rude but, so for you when a person gamble on a luck based game they should just bet everything in one go because deciding how much money you want put per bet is pointless as it won't change the odds and it just adds extra layers of stress in making that decision? I hope you realize deciding the amount of money you want to put per bet is also called "bank management". I really suggest that you read more into what bankroll management is.

In my opinion, bankroll management is something very important and should be taken very seriously, especially when dealing with casino games that depend on luck. If a person does not have good bankroll management, then that person will deposit money, play and lose, then immediately deposit more money, play and lose and this cycle will repeat itself very often, leading the person to bankruptcy and addiction.

I disagree with you on this, bankroll management doesn't have anything to do with luck, you can practice this and still get lucky or unlucky in gambling. It's just a way of reducing the losses you incur. Most times gambling is strictly based on luck but this doesn't mean that you should gamble wrecklessly, having a proper bankroll management can help you balance things. There are gamblers that lose money and not really affected but they are those that fall into debts and poverty because they didn't stake what they could afford to lose. Luck cannot always be relied on you must take measures just Incase things goes sideways.

If you don't just want to lose all your balance at once, then you would understand that there is still need for bankroll management. I totally get you own point of view but come to think of it, these are games of luck and if you deposit like $20, $100 or $1k depending on your financial capability and you didn't want to apply bankroll management so you decide to stake with all your balance at once, that means you will lose all that money at once. That's not what a wise gambler should do.

Actually, Bankroll management is the only thing that you can do that will help you improve your game result on game that based on pure luck.

You can’t do anything to change or improve the outcome while you can limit yourself to play in disciplined manner by controlling your bets through bankroll management.

A simple greedy bet can bust your bankroll quickly before you can even hit your winning streak.

You don't just get the purpose of a bankroll, do you? It's not mainly purposed to change the odds of the game's outcome but to rather create the layer of enjoyment in time as you gamble bit by bit rather than you going all-in-one. Like how do you get to enjoy the game by going in all-in one at once.

In my opinion it's even an act of irresponsible gambling behaviour that I should go all in with what's in my account when I could gradually make the most part with each session.

It is not irresponsible gambling. What that determines irresponsible gambling is the amount of moey that you are using to gamble. I gamble with just 1% of my weekly income and not often. But there are sometime I can visit Stake and use the 1% if my weekly income to gamble at once. I think there are some people that will be like me.

Of course, we can never expect all gamblers to use this, but I know it plays some role in gambling that users can benefit from. We might not appreciate that much because we are certain that we are going to lose in the long run. But at least, with the simplest way it gives to us, it still remains helpful, especially for beginners.

Without proper knowledge about bankroll management, it is really a different gambling experience. It might be useless in their views, but I know some gamblers could prove how useful it was.

Surely, there is a big need for a bankroll management in gambling. because there is no guarantee of winning in gambling, its just a game of luck no matter what you do they would still going to end as you don't expected. So however, I think its essential to understand that gambling required to setup a sating limit for yourself so that when you exhaust it you can be able to have a self control and take a break.

There are gamblers who want longer game sessions, bankroll management will help gamblers to get longer games. Even though the target is to win.
Indeed it does not change the outcome of the game whether you are lucky or not. But in games like slots, you certainly won't bet all your deposits for a few spins and then regret losing everything in a short time.
Gamblers who are already experienced in games of chance have their own way of enjoying and managing the game.

Definitely based on my own experience. Bankroll management is our self defense mechanism when an addiction or greediness kicks in while we are gambling.

It’s very hard to control your emotion in actual despite you knew how dangerous gambling when you are not playing. Gambling is designed to make us entertained and commit human error that typically make us lose temper on bet.

It is true for random games. You can`t influence the result and RTP less 100% - it means that some moment you lose all your money.
But i use bankroll management when i play for fun such games - i set 2 limits: time and money limit. And if i see that i have to much time and not enough money - i can decrease my bet to continue the game.

it only depends on what games you are into. there really are games where you have no choice but to depend on luck and if you have the wrong mindset playing said games you will only get into more trouble
i do not think that depending on others is the same as depending on luck

sure you are just waiting on a result on a choice you made that you did not think too much about but at least if you just bet by your own you can't blame anyone else but yourself it is possible that when you copy other's predictions and they get it wrong you might end up thinking what if you had just followed your own prediction instead

Well, you are definitely right on this one but actually having some bankroll management isnt really just that talking about having that making that odds goes for you or will really be giving out that advantage but rather this is something that pertains on having that much more longer duration in terms of engagement and time spent. If you do find out that its something stressful on your part then its useless that you would really be that trying out to deal up just because you've been expecting something position on which this isnt really just that right at all. This is why even if you do deal up with luck based games, then its still relevant or something important that you do deal up with luck based games with outmost care on which this isnt really talking about making money but also you should really be that thinking about on having fun instead on trying out to make money with it. Usually people do messed up their lives just because of too much expectation on things on which arent that commonly happening.

It is very true that we bankroll management is needed for games with a house edge, because I think it is very likely to run out, then we also have to let it go, and that is why I personally prefer gambling games that can analyze them and usually in football matches, rather than in games that are purely on luck. But even so, on the other hand we must still manage our finances to limit the budget in the bankroll, so that we can avoid big losses due to feelings of not accepting, which may occur. So stay wise in any gambling and be a responsible gambler.

Bankroll management is very important and essential when gambling. Without managing your budget properly, you are likely to spend all your money in few bets, not playing for more than few minutes. Then when you divide the lost sum of money for the number of minutes you played, you will reach to the conclusion gambling is being a very expensive hobby, so it's not feasible.

Bankroll management can help you to stay in the game for longer, even with limited amounts of money.  I think that is what a gambler who is looking for entertainment will look for, right? Otherwise, it doesn't make sense to place a large bet, lose it and then quit, due to not having any money left...

I disagree, you can make a deposit and lose it in one bet, if you are talking about going all-in, in that case it will be a complete lack of risk management and by going all-in every time you are simply doomed to lose all your money. It is disciplined management of your bankroll that can keep you afloat for as long as possible, one bet should not be higher than 1% of your deposit, then the loss will not affect you, and before you lose everything you will have a hundred attempts, in my opinion it is obvious that a hundred bets will give you a better chance of a successful game than going all-in.

I believe that you always need to manage your bankroll, no matter what type of game you play. It has more to do with financial health than with the game itself. It is important to keep this in mind so that we do not lose control and end up taking more risks than necessary.

If that's the case then why do we need to decide the bet amount, just click max in one bet and see whether you got luck or not. :D

Bankroll management is important irrespective of the type of the game you are into, increasing the number of bets means higher chance of winning the bet so it's logically that we need to bet minimum amount possible even in slots or Dice.

Exactly. It’s crucial if you are a real gambler that has a good game plan.

Bankroll management is effective in case you are in losing streak so that you will have minimal loss whenever bad luck hits hard while you get huge profit if you have a lucky run by increasing your bet gradually while you are still on winning streak.

Playing without bankroll management will make you confused and easy to bust whenever you are in bad game situations.

I agree with what you are saying, op, and I am not contradicting it, because there is some truth to it. And I also believe that once you put funds into any casino,
you should not expect it to be bigger when you play. Although it can happen, the chances are high that it will not happen.

So it is also true that most winning in gambling is just dependent on luck, especially if you are playing slot games, now in Poker it seems like the basis here is skills,
so overall the majority of games in the casino are those that really depend on luck when winning.

There are some people that would be like you, of course I agree. Then what are about those that are unlike you who uses 5 to 10x  of your 1% as bankroll to gamble. If they have to go all in with such X amounts at a go, what will you call that?

EG: If I earn $5k monthly and am using 10% of my monthly income as my bankroll, that would be $500 and let say  I had to use it all at once to gamble. That means am going to wait till the next month to gamble again, isn't it?  What's the prospect or how likely is it that the gambler can hold on till next month without having to go beyond his bankroll.

You or someone else too may not agree with my thoughts but am still of the opinion that going all in with our bankroll encourages the chances of irresponsible gambling.

If you accept the fact that it's just a game of luck, don't bother stressing out if you'll probably lost in the long run. Bank roll management wouldn't be a significant issue here but the emotions behind every desire that a player wanted to happen which is to win. Unfortunately you can't beat the house and their system that runs the odds on sports betting. Each team of sports had their respective capabilities, it's just being analyzed based on statistical data but in reality the discrepancy always matters most.

I would say it does. While betting on luck based games, we are bound to lose eventually, it makes sense to consider that money as lost.
But on the other hand, bankroll management would help us contain our money for a longer amount of time, thus losing lesser money over a longer period.
If you play it all in one shot and lose it, your eageness to paly more will increase and you will tend to deposit more.
If you contain your money for a longer period, you will tend to deposit lesser times and thus lose lesser in a longer period.

But I guess the bigger the bankroll, the higher your chances of winning?

So it might slightly go in your favor let's say for a slot machine, your budget is $100.00 and maybe with lower stake, your bankroll will last that long and maybe you can hit a bonus and win big. So as let's say your capital is just $50.00 or less,  only couple of spins for you and you will be unlucky and not hit anything.

Yes, I have played games that when I pressed the first spin, with just a budget of $10, I got the bonus round instantly. And turn that money from $10->$100. So I do agree that it won't change the odds because of the house edge or the RTP of the slot games itself. There are also moment that I feel lucky deposit big amount and try to hit as much as I can with max bet but the outcome is not on our favor. For sure others might relate to that story of the first spin->bonus round with minimum bet-> turn into something big. And then I just quit and withdraw so that I won't stress myself as a win is a win.

Its true to some sense. Let's talk about myself. If I deposit some coins on a casino site, the chances of withdrawing it are very slim. Even if I use martingale and play with small bets while keeping an large bankroll to sustain upto 10 losses, I'd either get tired of making small money and increase my initial bet or hit the bad luck and lose my bankroll.
Even if I made a good profit, I'd not withdraw it outright, I'd increase the bet size or keep it as a backup in case I lose. For me withdrawing from casino sites are rare and when I deposit, I intend to play it all. What the bankroll management can achieve is playing longer with the same amount.

I believe some gamblers are both addicted to luck based games and non-luck based games (sport, casino, chess and poker). Which means gamblers should practice bankroll management. However without a proper management of funds while you gamble you can lose all money. Although if you are not lucky on your game,then keep wagering small amount of money at a time you will waste your time and money. But when go all in you might safe yourself the stree/time.
IMO I prefer to wager small amount at a time than go all in because if I lose the first one, I might not lose the other cause I might be lucky, but though there are possibilities that I might not

Playing to your limit in terms of money don’t think it helps you get over addiction or prevent you from being addicted to gambling? If that’s what you think then you’re not correct.

Don’t you know that there are ways you’ll manage your bankroll and you’ll stay longer in the casino gambling and if one is to consider gambling addiction I think that there are high possibility of you being addicted to gambling by playing longer than someone who just gambles randomly and then quits when they they feel that they have gambled enough.

So back to the Op, despite the fact that bankroll management won’t increase your odds against the casino I still think it’s an good option for everyone to use - make use of it at lowest you’ll be able to make good use of your money and enjoy the gambling thrills properly before everything runs out.

Not having bankroll control is dam dangerous for a gambler especially those that have high availability of funds in their gambling accounts, this is because in most cases if you just go on with your luck mindset, you will get the tendency to lose control if the games go negative and tend to increase your stake amount since there is no management arrangement in place, also we have to make a clear direction for our gambling both in time and money spending so bankroll is financial aspect while timing is also there but both makeup for the gambling management approach and this prevents you as a gambler from addictions and financial bankruptcy.

Underestimating management is something bad. In my opinion, bankroll management is a good thing to be controlled and able to research when the game is not good. There are times when the game is not good for betting. I'm sure everyone needs a bankroll. If you gamble without using a bankroll, I think you will lose your money quickly because you don't set aside money. If you still have the money when you lose, you can play tomorrow, you don't have to win now. Maybe people who don't use a bankroll will lose their money faster

Totally dangerous and this is something that you do really need up to consider on applying it out when it comes to bankroll control on which this do really makes you wary into the actions that you do really need up to handle at least out. If you re really that that wanting to have a messed up life due to some those impulsive spending into your money because of gambling then this will really be that a very huge problem for you. Its really that important that despite of that gambling does have that kind of realistic approach about on that house do always win then make yourself that still considering that you should really be that having that bank roll management on which this is really that important. It will really be just that depending on a certain person because there are those times or moments that you will really be that forgetting about being that responsible towards into your actions.

Going all in end up turning into irresponsible gambling no matter how we make it look. If you sample opinion in this forum, you will be amazed to see that 90% of gamblers who at some point went all in end up losing that bet. This is no theory but reality because I know that gambling uses our greed to punish us and going all in qualify as greed. This is because going all in shows the negligence of the fact that nothing is sure in gambling. What we are doing is mostly a game of chance that we have little control over so we must be careful in the level of confidence we exhibit.

My opinion is that bankroll management is not useless at all, it's very useful, even though it doesn't determine success in the game of game but it can curb the amount you are would have lost instantly. Also if you are on a losing streak, bankroll management would prevent you from losing everything until you decide to take a break, you will have balance to continue again.

Well, open your favorite slot game, press max bet, press spin, and then tell us why bank management is actually good when your play lasted only 1 second and you're down all your money with nothing left to do ;D


Doesn't really matter, the probability is for each spin, in one case you get 10 spins in another 100, but overall the earning will be proportional, a low bet will make your bankroll run longer and enjoy the game but at the same time the wins will be small, a higher bet might drain it fatser but they can also provide at any time a huge win.
In the end after a quadrillion spins, the result will be the same for both tactics.
But then again, who wants to lose all their money in 2 mins?

That's where it's important when we should stop and continue the game when gambling, the longer we bet and expect to get a big win, the higher the chance of losing the money we get. It's better to stop when you've got a little win and not expect to be able to return the capital that has been spent when you lose. The most important thing is that we must be able to set a benchmark for the money we must use to gamble, because luck will not always be on anyone's side, and vice versa must be ready to accept the risk of defeat

Bankroll management cannot increase your chances of winning or making you profitable in gambling. But bankroll management is important in gambling because it helps you survive gambling and prevents you from losing completely. You certainly don't want to lose all of your bankroll in unpredictable moments like losses or profits. Then you might be tempted to keep gambling, but after losing you will regret it. Bankroll management will help you survive gambling for a long time.

But we can still plan to manage up our bankroll for a more or little sustainability, if we plan to ration it over time and uses a small amount to gamble in other to increase our chances, this will help us not to get more exposure to risk of losing at once instead of having more opportunities to attempt more, maybe it could come as a luck for us to win at the cause of trying more, this also could help us maximize the number of times we may be gambling playing bets as much as we may want, though we can include on any other requirements that we think are needed for taking a particular bet we want and still have more fun.

Bankroll management is simply the process or ability to be able to effectively manage the amount of money you have at hand, which could be either the money you have in your fiat traditional bank account or in your crypto wallets, and not necessarily the amount of money you have on your casino account. Because what proper bankroll management does, is that it prevents you from excess losses while gambling, knowing fully well that it is a game of luck, and as such it's wise to gamble what you can always afford to lose, rather than continuously redepositing whenever you exhaustel your casino account balance, with the mindset of getting lucky and hit a jackpot, which is what people with no bankroll management does.

Because, thou, bankroll management will not help you hit a jackpot, but rather, it will help you limit the amount of money you lose, while gambling responsibly.

Lol, that's so true! :D However, if you do it on a BJ table or in a sports bet, it's different.


Not me, 100%! And that's the whole point of having good, tight bankroll management. To enjoy your favorite games as much as you can (and have the possibility to win big accordingly), in a less expensive way.

Nope, it's not right. Bankroll management is important to ensure that you get to enjoy your gambling experience as per your budget but if you are getting the satisfaction on one bet itself then your lucky just do it as you wish. And house edge doesn't mean you will always lose, it's just you won't win as much as house in the long run but we are talking about game of luck so if you're fate is to win then you will win and you just make sure that you stay there by gambling more.

The truth is that, bankroll management is not tied to if the game is luck-based or not. It is separated and it is always a must. In fact, the more it is also needed in a game of luck because one can get carried away with it easily, as we know that it is hard to win on them.

Not all those who play gambling have already accepted their fate or they only use small amounts, so they do what they can in order to possibly win or at least lose some of their money only, with the help of bankroll management. As I said earlier, bankroll management is separated, therefore yeah that it does not change the odds whatsoever. You think that it only increase our stress but losing all / most of our money is actually the real ones that is very stressful.

Well, you know in the first place that you will lose eventually, so there’s no reason anymore for proper bankroll management. Just bet on your favorite games and have fun, that’s the only important there. And most of all, bet only on your intended money, not those that will be used to pay your bills, then you won’t face future problems even if you lose them all.

The management for this game model based on luck is intended so that we do not go overboard in using money, especially for those who have been continuously despotized by the platform. Because if not, we will appear to have unknowingly played until our deposit money runs out, and finally make deposits again and again. If there is no management, then we will lose continuously without realizing how many millions or more have been spent.

In essence, whatever it is, if I were personally, I would still apply the management. Yes, although it does not guarantee that the results will be very good, but at least I am much calmer in playing, and can be more vigilant with various traps for addicted to gambling. because this is very easy to tempt

If you have no time to manage your funds, then, the easiest way is to deposit the amount that you feel you can afford to lose. Because if you only deposit what you can afford, then, you don't need to worry even if you lose it all in that session. You won't be agitated as well if you know you are spending funds within your budget. As you have experienced, luck-based games have no assurance if you can win that session, it is more on the losing side.
Once you deposited only the amount that you can very well afford to lose, then, there's no need for bankroll management. But you can prolong your game by betting small. That's one trick if you want to play your game in a longer time. Because if you bet big, you can easily deplete your bankroll because even if we say, you are using martingale strategy, you can't assure that the next bet will be the winning bet.

Although gambling is a game of chance bankroll management is an important part of it without it you can easily lose all your capital. Bankroll management also helps you limit your financial losses while gambling. You can decide in advance how much money you will gamble and how much money you will lose before you stop gambling. Bankroll management allows you to gamble for a longer period of time this can increase your chances of winning big having less fear of financial loss reduces the stress you feel when gambling. This allows you to make calm decisions and reduce the chances of making mistakes.

If you play with money that you can afford to lose, then you might not be thinking of it as a financial loss that could affect you mentality. The OP's question whether we don't need to look at our bankroll, on how much money we are going to put specially if we are playing luck base games.

So for me, it might not matter in the beginning, again, if you have like money willing to lose and then just play with it. Like maybe 100$, and just stake a minimum bet, then it might not last that long, or you are so lucky that you can make it into x2 or more and then stop.

I agree with what you said, it is true that bankroll management cannot affect the chances of winning or increase our chances of winning, it only helps us prevent losing money in amounts that may be relatively large because when there is no good bankroll management, what might happen is that self-control is lost and this can lead players to lose a lot of money in gambling because there is indeed no good control.
The importance of bankroll management in gambling is indeed something that every player must have, whether they are those who play with gambling luck or gambling that involves skill, bankroll management must still be considered because in any case if bankroll management is not good, maybe the results will be less good.

That's right, bankroll management is for games of skill. It's not that it's forbidden or something that you do for casino games but it's not very useful, which with the number of concepts that people confuse in this section it's not uncommon to see more than one who uses bankroll for the casino, but everyone is very free to do it or not.


Do you gamble at all? Your answer seems more like a generic answer than a reasoned response from someone who knows what we are talking about.

Bankroll management is not always about what you've already deposited, it's about the budget you've set aside for your gambling and how you can work on being moderate with your gambling allocation so you don't allow your emotion get the better of you and push you to just flow by the trend of the urge you're feeling which can lead to gambling in an irresponsible manner.

For sports betting that's not completely a luck based game, even though you will need to just use an amount for the game you're playing, for the fact that you will be doing it for the long run will require that you implement a proper management plan in place so you don't find yourself losing more than you're winning. At the end, the goal is to ensure that you're in control of your gambling and can control yourself when it appears as though you're overdoing it.

It's lovely to read everyone's thought on how important bankroll management and those that says that it's unimportant in a game of luck.

To me, what matters is on how responsible we are with how we're budgeting the bankroll so, it means that management is still there.

I think even if someone says that they're not doing a bankroll management when they play a game of luck. I believe that there's still somehow sort of management in there even a bit.

I agree somehow. I only wager the amount I am comfortable with losing and I haven’t had any problems following that strategy. Winning is not my main goal as I know it it nearly impossible to win in the long run because of the house edge. I occasionally play to see If I am lucky and that’s it. I don’t keep records but I know I am not winning and that’s the natural outcome. People should stop getting obsessed with winning. They don’t realize their obsession causes them lose money.

We all know that gambling is all about luck. There is nothing else that can influence the results, but despite knowing that, we would still love to gamble as long as possible, also because deep inside we feel that maybe one of the bets we are making will win us something reasonable. We might even recover what we've lost even if we don't win anything on top of it, and this can only happen if we manage our bankroll properly. You can't enjoy or even hope that you might go to point 0 in one of the bets you are going to make if you go all-in and lose it all at once, even if you say you were unlucky and that's all it's about.

When I gamble, I always try my best to play as long as possible even if I don't have a large budget. For me, enjoyment is the biggest factor and I don't expect to get rich from gambling, but for me to win and lose and stay longer in the casino, it's important for me to manage my bets accordingly.

Exactly, that's the point. It's very unsafe to do so because if you go all in once with your deposit, you could lose everything at once and wouldn't have any balance left to continue gambling and by so doing, you wouldn't enjoy the game you even staked on. Like you said, bankroll will not increase odds of winning but can make the player to play for a long time while their luck is being tasted.

as in all activities, even in gambling it is very important to have a very strong money management
That's what champions do, they count and do the math
I assume it is important to manage and know how much you can bet without going to zero.. of couse is only hypotesys

It is even in luck based games that we need to stick with bankroll management the most. In skill based games I can go all in at once, because I completely trust my judgement. after analysing a game properly I can rely more on my skill because I know what is obtainable and what is not, from past experiences. But you see luck based games, you might not be lucky at the beginning but you might end up being lucky at the middle or at the end of the day, if you try your luck multiple times. It doesn't hurt if you  divide your money and try the first attempt, and you win. You are still better off than when you started the day. Because you have your profit and the remaining part of your capital left with you. But when you go all in at once and lose the first attempt, you have completely lost your chances of winning at the second, third or last trials.

You can’t really avoid going to zero because the money we set aside for gambling should be intended for gambling. There’s no point in saying we’re taking a risk if we suddenly stop after losing half of it, that just proves we’re not really betting what we can afford to lose. If you’re truly willing to risk it, you have to accept the possibility of losing it all.

In any type of gambling, I think bankroll management is one of the things that is quite important and must be considered, with gambling based on luck without the need for special skills to do it, it is clear that we will only be able to win if we are lucky and no one knows when luck will be on our side, and if we continue to hope for gambling by being able to win and not having good bankroll management, we can lose a lot of money. Likewise with skill-based gambling, even though there is good knowledge to increase the chances of winning, in the end it also leads to luck and yes, it is not much different if in this case there is no bankroll management, losing money on a large scale can occur.

The both of you have two different right answers on the subject, but bankroll management is the application of responsible gambling. The funds could get finished, applying this strategy, but not as quickly as that of a player who goes all in. Delaying the end of a bankroll, ensures longer duration of gaming; a player could gamble 5 hours a day and save his bankroll for 3 weeks, including subsequent wins. Hence, for a gambler who understands the house edge it's of no essence to finish it immediately. It'll also cost more money to replenish the balance in a fresh session.

Where is this coming from? You are wrong actually.

Bankroll management is very important in your risk and money management, it's the way you actually manage your finances in gambling. If you don't manage it well, you will be ruined financially because gambling itself has the spirit that pushes people into doing more, and this is regardless of whether you are addicted or not, it gets clear only when you have made the mistake, that's when you start regretting.

Yeah, but I think the main thing is that you can manage your money as wisely as you can, but if you keep gambling, you will end up losing all your money.

That's basically it.

Since the odds are against the gambler, it doesn't matter if they stop for a bit, and then continue, or whatever strategy they come up with. They will eventually run out of money if they continue gambling.

There are some gamblers who like to gamble to get pleasure. They find excitement in gambling. If those gamblers only rely on luck and put all their money in the bet and if they lose in that bet then they have to deposit money for the bet again which can be difficult for them. But if a gambler can manage his bankroll and money management in terms of betting then he can enjoy the joy of gambling for a long time.

In gambling wins and losses are the common factors. It is definitely related to luck. A gambler should not rely only on luck but should also use strategies. Luck will not favor a gambler from time to time sometimes strategy can also bring victory in betting. That is why I want to emphasize on bankroll management.

LOL. Should I say you are stupid?
You are born in the world, and the ultimate destination is to die, so what is the point of trying to make money and try to live longer? It just adds an extra layer of stress to your life and makes you work hard. When you already know that you are going to die someday, why are you delaying taking medicines? If you ever get sick, stop taking medicines, and one day, you will reach your final destination.

These suggestions are not for you. But your thread looked exactly like this to me. You are suggesting people not to take medicines when they get sick because they are going to die someday.

Bankroll management is important for gamblers no matter if that is gambling games based on the luck or skill because that help gambler to control their money to playing gambling. They just need to stick to their rule in gambling and they will not spend too much money because they can manage their money. We know that gambling is difficult to win so we will not waste our money by spending too much money and with bankroll management, we will know how much money we can use to playing gambling. Bankroll management will prevent the will to keep playing gambling because we will realize that can make us lose too much money.

Your explanation sounds like you’re saying we all end up losing, but that’s not what I mean when I say there’s no need to manage bankroll. Because even without managing it, as long as you’re lucky, you can still win.

How can you be so sure that if you manage your bankroll, you’ll actually win? The real point here isn’t about delaying losses.. that’s a negative mindset, as if we’re already expecting to lose when gambling. If that’s how you think, then it’s better not to gamble at all and just donate your money to charity instead.

You do not really have to be a champion to do the math. Nor doing the math will make you one but it only prevents you from doing things that can possibly harm your financial state too much. As well as your mental and emotional state.
Your hypothesis has been proven by many people already. Not all gamblers have unlimited money to gamble and they only gamble under budget so when they are under budget they still want to make sure that they can play for as long as they can before they have new money again to deposit to the casino in which they can use to play.

Not all kinds of gambling just depend on your luck. There are skill-based games as well. You have to have skills to play poker and place bets on sports, and you need good strategies to play dice, mines, and crash games. It depends on luck, but that does not mean I will make a deposit every time and go all in. I am sorry to say that your logic is totally stupid.

You are exactly asking me not to take medicine because I am going to die someday. As long as I have time, I won't die. So what is the point of trying to survive if god wants me to get back to him? Does it make sense?

If we do speak about skill based games then we do know the relevance when it comes into the skills and knowledge you do have into a particular game on which you will really be that having that at least the edge on which you can be able to make yourself that kind of advantage but of course since we do speak about game of luck then this will be pertaining into those type of games like dice or slots on which there's no way that you can apply any analysis or strategies into it. Yes, there might be some ways or method to make up some strategies on every rolls but since we do know that house do always win at the end then its better not to make yourself that being that too optimistic about positive results. Its always been that recommended that you do really know at least into the things you've been dealing on with and not really that having this kind of positivity on which we know that this could really be resulting that huge potential of losing up even more.

Please tell me the main point of your post. Whatever you said is, I know these things, and all of them are facts. Now, I am curious to know if you agree with the OP that people do not need bankroll management while they gamble. If so, I want to ask if you make a deposit and place max bets everytime to get the quick result. You don't have to place small bets because it adds extra layer of stress.

Oh, one more thing. Do you take medicine when you get sick? If so, I am curious why. You already know that you are going to die someday; what is the point of taking medicine? It costs you money, bro.

For me it doesn't matter if it's solely depends on luck but i know for sure that bankroll management is very necessary to every player whereas every gamblers. You may tend to raise the bets and get all the money sucked into gambling and you'll decide to go all in again having a mindset that your luck can guarantee you a win, but definitely you have to bear in mind that at this point the amounts used to achieve that should be considered and maximize, therefore there is need for bankroll management in every game.

I read here, i didn't know, that there are also techniques to avoid spending too much money, like the budget one which i find very interesting.
I did some research and the practice of creating spending budgets is widely used in the workplace to avoid going over budget.

Do you think it could be useful?

Although it is true that some games do have better odds, like the ones you are mentioning, the reality is that the casino still designs those games, and only offers odds that are basically against the gambler.

Even on a poker match, between players, the casino takes a cut.

That means that even if a gambler doesn't lose any hands on average, they actually lose money because there are fees to pay per game, and if they play against the casino, then the odds are against them anyway.

You are right because there are some games that you have to play with your creativity to win. If someone with good creativity plays games about which he has a good idea, then his chances of winning are high. If I bet randomly without analyzing whether I will win or lose, such bets will always be lost. Everything cannot be left to luck at once, some creativity can be created from within and won.

But at the end of the day, even at things like sports betting, even if you know something, that is usually incorporated into the odds themselves.

For example, if you know that the favorite will win, then it will pay less, of course, because it is the favorite, the most probable outcome pays the less.

If you go for another option that is less probable, then it means simply that you will probably not win it. That's the most likely scenario.

So, in the end, unless you have some private information, that the casinos doesn't have, then you are not better off than any other game, the casino always has a better odd compared to the gambler.

But there are time when the most probable or favourite don't win. This is gambling we don't know it all. You see a game you like and say oh, this the most favoured game, I have to go all in at once, and you know gambling can fuck us up at any time. That it is the most favoured game to play, doesn't mean there is a guarantee to it that it must. That's why you still need to apply caution at the very beginning by following your bankroll management. That most favoured game can fail, it does happen all the time. So at that particular time you decided to bank on it, and If you don't follow bankroll management, you won't have another shot. But if you do, you still have another chance to try the next most favoured, and it could go your way the second trial.

Although you are right that deposited money into a casino is something intended to gamble, but bankroll management is still important.
It has nothing to do with the result of course but it is more about controlling our money while gambling depending on some factors on different situation.
In general, bankroll should also be considered as a whole (gambling funds) not only the deposited amount into the casino.
Means that we should be able to manage our gambling funds wisely and responsibly, without good bankroll management, high possibility that you'll bring yourself into financial issue.

What kind of creativity you’re pertaining on this? On luck based game there’s no way to determine or analyze the next outcome of the game therefore you’re totally relying on luck to guess if you will win or lose while the only thing you can do is to adjust your bet size in able to do more profit or reduce lose.

I think the bankroll management is the part which the creativity that you mention takes effect.

There is no need for bankroll management in a game of luck

Well in theory there will be no change in the odds how many you gonna win if you have smaller bet or big bet or go all in the first place it just based on your luck and the casino rule if applicable I mean maybe the site have some script if we go all in at the first bet then we gonna win hahahha just maybe.

But we still need a money management to play gamble, I mean you need certain budget before you go gamble and try to not ruined it. Second try divide it in smaller bet give you longer gameplay is it.

Though, in the context of gambling and bankroll management, I believe it is rather about making once current session to last as much as possible, in order to get as much thrill a fun out of a single afternoon.
Without bankroll management, I would easily take all the money I have as gambling budget and risk it all in a sitting and see what happens, in the case good luck is not with my that day I would lose all of my budget and my session would be over in less than a minute, that is not a desirable case in any way, shape or form.
Now, if you take bankroll management and extend it, not only to money which is intended to gamble, but also money which is supposed to cover the rest of our needs, then we would be talking about personal finances in a wide range.

Just because you are relying on luck doesn't mean that you should be wreckless, I don't agree with you on this. As a matter of fact if you are solely depending on luck that's the more reason to have proper bankroll management because you are unsure of the outcome. House edge is always a constant factor, so you must be very careful with the risks you take. When playing casino games you have to stake really low on every round since you already know that it's a game of luck then you should stake a small amount of money and aim for a huge reward, it's possible to achieve but the chances are slim.

When it comes to gamble it's very hard to be lucky if not many gamblers will be winning their bets every day. However because winning is based on luck, it's also important to always risk what we can afford to lose. However in essence of responsible gambling, a gambler should implement money management (bankroll management). IMO if one thinks because it's a game of luck they are not supposed to implement bankroll management then there's nothing than gambling wrecklessly which will lead the gambler to bigger losses or addiction.

At the end of the day I don't think it matters too much.

If you gamble too little amount of money, then the payout, if lucky, would still not be life changing.

If the gambler beta too much though, then losing all your money is the most probable outcome...

I'm the end it's clear that it is just luck, the odds are against the gambler, some win, many more lose. Then stories are created for the winners...

I do agree into that line that stories are indeed created for the winners and those losers will really be that remain silent and hidden or simply lurking in the shadow. This what makes this market to be that profitable due into that kind of desperation into those gamblers who had really be that believing that they can make money with gambling and could really be able to beat up the casino on which it is really that very delusional.

In speaking about bankroll management then i do agree into some point that it wont really be that something that relevant since you would really be losing in the end after all. It might be useless but actually
bankroll management will really be that still in connected with management of your funds on which at the time that you had that exhaust your balance then this is the best moment that you should
stop immediately and dont pursue even more.

I disagree, in every game where funds are at hand, bankroll management matters.  With bankroll management, we can last longer in the game since we carefully choose the amount we bet on each round.  Aside from that with proper bankroll management, we can make our fund last for another session.  In short, bankroll management enables us to play responsibly and we all know responsible gambling is the best way to avoid getting broke or ending up in financial ruin.

If you want to test your luck by placing big bets too quickly, you will lose or win to your luck very quickly.  But it will put you under a lot of pressure mentally. So in that case you should play normal gambling where you can keep yourself relaxed and keep yourself away from mental pressure. Everyone says gambling should be done only for fun but how many do it, even though everyone says gambling should be used for fun yet when someone gambles they are hoping for profit. If this were not the case then no one would be motivated to re-deposit after losing a gamble. The most important thing in gambling is to manage yourself. No matter how much you manage your bankroll and gamble it won't do you much good if you can't manage yourself

No body knows it all in gambling which is why we need to try our best and leave the rest because there is no way we could think of making money from casinos that are providing the game for you to bet on without having more probability of making you lose your money. Especially in sport bet, we need to know what we are doing so we don't keep having that mentality that we are going to make huge profits when it's obvious that it's only luck that can bring about huge winning in some games. It is very funny that it's that game that we think will not come out that will finally ends well. As a result of this, I've lose some bet because the opposite outcome was the case.

Bankroll really matters except you want to be doing monthly contributions to the casino. If I have $100 for example to use for bet which is for the whole week, I can decide to bet $10 for all of my games I will be playing, if I won or lose the amount that I used for that day doesn't change the rules of my wager, I wouldn't add anything until the next day, if I win I will withdraw the profit and make use of the remain $10 to bet another game until the next day.

Gambling with bankroll helps you to manage your funds, helps you from not getting addicted, helps you to control amount you use in gambling. Imagine that you have $100 for a week and then you decided to use everything to bet for that day and lose, where will you have money to gamble the following day. You will be tempted to make another deposit and these are the things that add to gambling addiction, you need to set limit and boundaries to your gambling.

Bankroll is being set for us to manage our finances, so that we would not spend out of our stipulated budget, and so using bankroll to measure our game will avoid us chasing our losses, what if you go out of your bankroll and still don't win while playing aggressively, you end up over spending out of your budget for the month, it set a limit to minimize your losses and maximize your chances of  winning,since you don't know when your will luck will shine.

Gambling needs to have a dedicated budget. So if you want to be able to manage this budget you need to manage your bankroll. In addition if you target a special bonus or a rank in a tournament, you need to play long and to survive. It's the same when you deposit funds on most casinos, you need to wager them at least one time(sometimes more than that) before being allowed to withdraw them. So managing risk and funds of the bankroll can be important and even critical sometimes actually.

I mean all-in vs splitting it up does matter a little bit.  If ypu are unlucky the very first roll, hand, spin, etc then you go bankrupt right off the bat.  Splitting it up gives you a shot to come back from a couple early loses.  Also i gamble for entertainment, nothing entertaining about going all in and losing right away.  That seems more like a waste of money than anything.

I believe there is a chance OP is mixing up bankroll management with a completely different concept called "risk management", which also important for anyone who is well into the world of gambling and wants to enjoy extended sessions without suffering from sudden losses and chasing them eternally.
One can gamble without having a management of bankroll, which is just a translation to "reckless gambling", though, one always need to manage risk and adjust ones multipliers according to how much money is left in ones budget.

If one wants to be a responsible gambler and not to suffer from long standing disappointments, one needs to dominate both bankroll management and risk management.

Yeah, I think this is the best way to deal with gambling.

Having a predetermined amount of money that you are willing to lose makes it OK when at the end the night the gambler loses it all, because, that's the most expected outcome anyway.

If someone starts betting more than this amount, then that's when the problems might start, because they will lose that too as well.

Then they will try to recover their money by betting with even more money, and they will lose that too.

It needs to be under control.

I agree.  Despite the uncertain situation, bankroll management should remain in our minds, as it was helpful for a gambler.  Some gamblers take it for granted and ignore it. That is why most of them lose more and face financial crises. This tells us that being a responsible gambler is not easy. Even though we have been gambling for many years, mistakes are likely to occur. That is why it is very important to know how to manage our funds, as this will prevent us from losing a lot of money.

Perhaps the person who is claiming certainty in gambling just because he is playing his favourite game is a novice, time will teach such a person a bitter lesson. There's nothing like a favourite game in gambling's success, it's mainly luck-based, and we should be so careful if we do not want to lose miserably in it. This calls for caution, gambling limits and proper management, even as we ensure that we are disciplined and only gamble based on our plans. Doing this, even if we did not win but lose, the losses will be minimal.

I have no doubt that many players understand that they need to stop, but they can't help themselves when it comes to betting. Such players simply place bets one after another and after a small loss, after which they simply need to leave and do their own thing, they can't do it. They don't want to be in a bad mood in the evening after a hard day at work, they just want to relax, so their hands themselves place another bet. At this point, we can say that the addiction has done its job, and it is absolutely certain that after this bet nothing will stop the player from losing the rest that evening.

Even in this case, it is necessary to have competent bankroll management, if I decide to bet all-in, this can lead to a very quick loss of my money and then I will need to replenish it again to continue playing, and playing all-in is a quick loss, so you need to limit yourself in gambling by bet and possibly by the number of bets. Especially if you do not earn on bets, then there is no need to risk here, just distribute the bankroll in such a way that the bet is small and it will last for a long time.

Then you’re not really using a bankroll that’s meant just for that gambling session. For example, if you don’t have a proper long-term bankroll, the money you use to gamble should be for that one session only. It’s up to you whether you want to manage it with small stakes to make it last, or go aggressive. But the most important thing is to avoid constantly refilling,  that’s usually where gambling addiction starts to creep in.

People playing casino games don't need any sort of bankroll management, actually this system is meant for those that are into sports betting. Casino games have random outcomes, you can't really predict any of these games because they are based on luck. Having a well planned out bankroll might still not work because if you get unlucky you'd end up losing everything. This system has a high chance of working in sports betting because it's a skilled based game, managing your bankroll can help mitigate losses overtime.

Well, why does this add stress? It adds an illusion of control to the gambler. If he wants to play for small stakes, then he will do so, if he is crazy today, then he will place huge bets behind his back and lose the entire deposit in a minute. There is nothing wrong with this, because it is their personal money. And it has long been proven that in our human nature there is a desire to have, albeit an illusory, but a choice. This was shown perfectly in the movie Matrix. And this psychological technique is often used in marketing.

Bet all-in will not recommended because that make you loss in a quick without you know what is the result but loss will be there waiting you. If you have bankroll management, you will not bet big money and want to spend small money to bet. You will reduce your losses by managing your number of bets and that is because you want to have fun in gambling and not chasing the win. Using bankroll management will prevent you from losing too big money because you will always check your bankroll and see how much money you still have.

Sure I agree with you that our mind tricks us into gambling more, thinking we could recover out loses, but of course that is only when we lose that we think it's has tricked us. But have you also thought about a person who may have lose alot and decided to chase his loses according to how his instinct may lead him and he later won and recover. So what I want you to understand is that the word "trick" in this context is not the right word to use, rather " instinct " because if we say our mind tricked us in into lose, can we still say our mind tricked us into win?

I do not fully agree with this statement, because bankroll management is still needed, as I experienced today, making a deposit of only a few dollars to play slots, playing with a minimum bet and managed to get good results of $ 30 more but confidently increasing the bet amount and the results were very bad, so bankroll management is still needed even though it will not increase the chances of winning but with a small capital and betting big then you will finish quickly.

Honestly, maybe it’s better to not have strict bankroll management when playing casino games. Why? Because the moment we take it too seriously especially in games where the house always has the edge, we’re just setting ourselves up for big losses. It’s like we’re challenging fate, and in the end, we’ll lose control anyway.

For slots, I say just set aside a small amount of money, dream big, and if you lose it all?
No stress - just call it a night and get some sleep.

Slots are meant to be fun..  if you're stressing over them, then you've already mishandled the game. With the massive house edge slots have, playing for hours will almost always lead to losses. The best approach? Keep sessions short (under an hour), and if you get lucky, learn to walk away and enjoy your winnings. Just don’t overthink it unless you’re truly there just for the thrill and don’t mind losing. Sure, slot losses are small individually, but they add up over time. The key? Don’t even track your losses.. just enjoy the ride! Lol.

Honestly, I have a point here in what you said, op, that's what the house edge is really like in all casinos for their gamblers. Then most gamblers also rely on luck when they play in gambling casinos. Then it's also true what others say that when you play slot games, it's really more on luck for anyone who plays in this category.

I just don't know if it's true what other gamblers say that with a small amount of bet you can win a big amount, the usually minimum bet is around 0.2$, with this bet amount the luckiest
I've hit here seems to be around 160$ but the one I know who is around 0.5$ to 2$ tells me that when he gets lucky, he wins 800$ to 1000$.

The true purpose of bankroll management is to keep your gambling within sustainable limits - it has nothing to do with luck. Even small bets can win big when you're lucky, but without the discipline to manage your bankroll properly, you risk losing all your winnings and ending up with nothing.