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In gambling in general and in sports betting in particular, bankroll management is very important. It is really important because it helps to avoid financial disaster. But if you play not only for fun and thrills, then we should also remember about strategy. Many people implicitly try to replace strategy with bankroll management. But I think you will agree with me. We forget about strategies all the time. Bankroll management is not a strategy. Bankroll management only helps you not to lose your bankroll immediately. You will lose your bankroll gradually, slowly, but still you will not avoid losing your entire bankroll, because most likely you do not want to know anything about strategies or even replace them with bankroll management.
Do you agree with me? Or do you think that bankroll management is a strategy?

Agreed that bankroll management is not a strategy it's a think you do as a gambler to prevent you from making financial mistakes when you are gambling. Bankroll management and strategy are both different things, every gamblers use bankroll management but many don't know. You might have $25 to gamble and you might not want to spend all at once so you split it on different games and if you lose them you don't need to deposit another (that's bankroll management based on my description).
Strategy is not different from planning how to gamble, what to gamble on, how to win. Strategy is more like managing the risk, but after forming this strategy we begin to think we can we because we dedicated more time doing the predictions through strategy.

I agree, bankroll management is not a strategy but a risk control tool. It helps prevent losing all your money at once, but without a good strategy, you’ll likely lose in the long run. Strategy and bankroll management must go together for success.

Who the hell even claims that bankroll management is a strategy? Are you trying to argue with someone about bankroll management being a strategy? I can't see anyone on this forum making forum threads about bankroll management being an actual gambling strategy.
Gamblers, who lose their bankroll in a day or two are 1.Extremely stupid or 2.Hardcore addicts. I'm sure that most gamblers don't fit in these two categories. I've been a member of this forum for about 9 years and I keep seeing posts about "strategy" in the Gambling Discussion forum.
I still don't know what a "gambling strategy" is(martingale is BS, not a strategy) and I've never seen a successful gambling strategy in real life.
You simply cannot outsmart the casino/bookmaker.

Bankroll management is not a strategy in gambling because it does not fetch you any profits or increases your chance to make profit on your bet. Proper bankroll management reduces your loss and keep you safe from addiction because you don't go beyond your gambling budget for that day. I will prefer to have a good bankroll management than seeking for a good strategy to make profit with.

This is because no matter the strategy that you come up with, it's only a temporary thing because in the long run, you will end up being a loser, the house edge always win. I am not gambling for profits but for fun which makes me prioritize bankroll management over strategy. Your strategy might work for you but when you lack bankroll management, you will gamble away all your profits and capital at the same time.

Bankroll management doesn’t really make sense to me. That is just whether you are winning or not. More importantly and realistic would be to develop a budget. An amount of money that you are going to spend on gambling by depositing it into your casino account. Spending on gambling is what you are doing.

i agree with you that bankroll management is not a strategy, definitely bankroll management is just how a gambler manages his bankroll not to get exhausted immediately, but doesn't mean you will not loose it after all. why i think people mostly associate or mix bankroll management and strategy together is because on adopting a strategy you must add bankroll and how its going to fit into all your strategy which makes it look like its a strategy.

That is true, we shouldn't call it management per se, it's just the starting money that we have and there are no strategy than making it grow thru your correct betting like in sports bet. And so even when you bet, then obviously it will deduct on your capital already and you don't have control whether it will git back to you + the winnings.

So it could be very misleading for some of us, although I believed that most gamblers here are smarter and they know that there's not much that they can do with it and the term bankroll management might not exists on their vocabulary because it's all about the winning.

Of course bankroll management is not a gambling strategy but applied as a means to keep gamblers safe from hurting their own financial obligations.

Bankrolls carries a crucial role that determine how much long you have to stay and wagering volumes then accorded with disciplines to help mitigate profits and looses in the case of uncertainty since winning is most of luck than skills and experience.

Good bankroll management keep you safe and lack of good managements could be disasterous and implicating to severe looses which could badly affect our savings.

Bankroll management is part of responsible gambling. For example, when I gamble, I dedicate 60$ from my wallet to gambling. I deposit $20 and gamble with it for the next 10 days. If I win, that's good, I withdraw my winning in that case but if I lose, I don't care because I want to get the maximum fun in the next 10 days. $20 is enough for me to let me play lots of blackjack sessions because I'm very good in this game and I usually win. $20 will last me for 24 hours in total and when I gamble, I gamble for 2 hours a day, sometimes I don't even gamble, depending on my schedule.

I do, so what? Is it something wrong if I take bankroll management as strategy? I have said this many times in this forum that I consider strategy in gambling is not only limited to "how to win" or "how to maximize winning chance" but it can be some other things including bankroll management and time management. I do take bankroll management as crucial part in my gambling activity and I consider it as strategy because this is how I can calculate how much to bet depending on my bankroll. I can even say that emotion management as strategy and all things in gambling which I can control/manage as strategy.

bankroll management is to an extent a strategy that helps a gambler to be conscious of his gambling allocation such that he does not spend too much but rather has a limit his gambling allocation will be fixed at. it is not a strategy in the context of helping you to win more or stopping you from loosing, that is a totally different thing, it role is only with regards your efficacy in the management of your finance.

in addition to doing proper management of your bankroll, you also need strategies on how to ensure that your wins are more than your looses and that is the place for doing proper research and analysis which helps increase the probability of your wins.

Hmm. Why wouldn't it be a strategy? I'm curious to know how members would describe this, as it will definitely help gamblers stay within their budget and limit the losses they could incur. I don't think it's all about changing your parameters like mart,ingale but it has something to do with c,apital and management is one of them IMO.

Bankroll management can be seen to some people as a kind of strategy that can be used to control the amount of money that you spend on gambling. Example is myself that does not use more than 1% of my weekly income to gamble every week. It helps me to minimize losses.

I have tried many gambling strategies before while gambling but all to no avail. They are all just a waste of time and money.

Not a strategy during your plays, but I can say a strategy overall, especially how you control your emotions every time you place a bet, it's like a practice in general.
Let's say if you want to stay longer at a table, you protect your capital, so here comes the bankroll management, you can bet more games while minimizing your losses and/or maximizing profits.

I quite agree with you. Bankroll management does not  in any way influence a gambler's win, no matter the kind of gambling game the gambler is playing. It is only useful in helping the gambler management time and money effectively. If a gambler is focused on being a responsible gambler, then he should take Bankroll management seriously, however he should still know that being responsible only takes away the risks of addiction and avoidable losses from him. If he wants to influence his wins, he should gather knowledge and skills (in skill based games). For non-skills games like slots, there is really nothing he can do, he can just focus on having fun.

It's not a direct strategy for me, but it is very important why?

1. it eliminates emotions - we all know that our biggest enemy as a gambler is chasing losses, so with good bankroll management, we can eliminate that kind of mentality. So we need to be strict with our bankroll management, so that we won't deposit for more and forces us to stop at that point.

2. it ensures that we can be in the game for a long time - and with that we have a higher chance of winning if we are very careful of our bankroll. Maybe just stake small in the beginning and see our luck goes.

3. it defines value - what I mean is that we can only bet relative on our starting bankroll. We can't just bet all in one let go. For example in a card game like baccarat wherein we bet everything in just one sitting and then losing our money right away.

I think that few players worry about playing with any strategy, because their game comes down to playing sometimes for fun. And therefore, they don’t want to waste extra time on gambling, they often determine the bet size and that’s it, if they manage to stick to at least that, then that’s already good. Those who want to earn something in gambling start to bother with strategies, but even choosing a strategy is not a simple process and rarely does anyone do it with the proper approach.

this is the definition of the word strategy:
a plan of action or policy designed to achieve a major or overall aim.

what's your aim? to play as much as you can without having to spend too much money and we can do that if we manage to make a plan that will make our bankroll last as much as possible hence why managing your bankroll is a strategy maybe not to win but just to keep playing

Saying that bankroll management is not a strategy is equivocation in my opinion. I will explain using myself as an example. I have a cap of my income I put into gambling and I upon making a deposit, I have a specific amount I gamble with per bet and upon certain number of winnings, I increase the bet amount to a proportion to target more winning. If peradventure I lose my first two bets for the day, I reduce my betting amount to a specific number and if losses persist, I stop for the day. You can see that my gambling style is such that my bankroll management is tied to the outcome of my gambling. I think this is a strategy that ensures I'm not over-gambling or under-gambling.

Yes I agree with you that bankroll management is not a gambling strategy. The former is the process or act of setting limits on how much you will spend on gambling over a period of time. Another name for it could be budgeting. Strategies are plans or patterns adopted to win games. Different gamblers have different bankrolls based on their financial strength but they can use the same strategy.     

You are absolutely correct that is the real truth about it because most gamblers normally have this feeling that bankroll management is strategy, without realizing that strategy is quite different from bankroll management. Because as a gambler having only bankroll management without a proper strategy can never guarantee you winnings rather it can only prevent often losses. However, as a good gambler that knows what gambling is all about wouldn't hesitate to put both in consideration.

We have our own definitions but for me, I considered it as a strategy. Not a winning-game strategy like martingale, fibonacci, etc. but a risk control strategy, it's a strategy to control or balance how you budget your remaining money, even though it's not a winning or game strategy, it will help you cut losses, take wins, avoid going too broke easily and can also be used to survive losing streak.

So, yeah. I think it's a strategy but not for winning, it's more likely a defensive strategy for me.

 Bankroll management is not a strategy, but it is something that can help players stay in gambling as long as possible. Without proper financial management, deposits can be lost very quickly, much faster than they should be. Every player will lose money while learning, but if they do not have a clear understanding of how to manage their bankroll, that money will be lost very quickly, and eventually the player may decide that gambling is not for them at all. The concept of a strategy comes at the next stage for a player, once you have learned to manage your bankroll, you can start studying strategies. There are many strategies, and testing them also requires money.

You are right that gambling strategies are what gamblers do while gambling to win games. But what is happening to most gamblers? They are losing. Gambling plans and strategies goes beyond that, it even started from the bankroll or budget that you use or set aside for gambling. If you do not believe me, you can browse about it online.

For me its discipline and not strategy. Maybe lots of people got confused about it and think about that its part of their strategy when they think about those things.

But actually there is a helpful article and maybe they could get some good words to help them towards their confusion https://betting-investment.com/the-psychology-of-bankroll-management-staying-disciplined/

Also I will not argue to those people saying it was their strategy since maybe they are comfortable calling that and I just respect their opinion towards this matters.

Each player adheres to his strategy in one way or another, but it is not always worth calling it that. Strategy is clearly maintained in steps, supported by experience, after which we want to get a good result. Is it possible to adhere to the same strategy every time? I doubt it very much; one way or another, we play differently, we are not robots, and our bankroll can be different, as well as the number of games we play from time to time. Therefore, of course, competent behavior in gambling is necessary; it depends on us how we distribute our bankroll, and how we do it, perhaps, can be called a strategy of behavior.

Bankroll management is just a part of strategy. If you will only increase/decrease bet, you just will lose faster/slower. In strategy must be also risk management, rules of betting, min odd for bet, list of leagues, different sources of information for analyze, rules of the analyze and different other small things which are really important for getting result.
The part of strategy also would be analyze of your strategy. You have to calculate bets, sums, win rate. Analyze your results, make changes, analyze the quality of your data for analyze, etc. It is hard everyday work, if you want to get profit regularly.

As the result - bankroll management is important, but it is just a part of strategy, just one element of it.

Bankroll management is important in gambling, but it is true that bankroll management is not a gambling strategy. It is part of how we manage our finances in gambling. Some gamblers consider it a strategy that may relate to the management of game duration or the amount of bets that can be made.
Some gamblers enjoy long game durations, and bankroll management certainly plays a role and will be very helpful for gamblers. Meanwhile, some other gamblers may have resigned themselves to their luck or misfortune in betting. So, with a predetermined allocation, they do not pay too much attention to the bankroll.

It’s part of a strategy but not the only strategy. Bankroll management isn’t just about lasting longer in gambling, it’s really about risk management because the goal is long-term success. That bankroll measures your capability and how well you can handle it.

For me, out of all the strategies, bankroll management is the most important. If you’re good at it, it means you’re a disciplined gambler. And I believe this is where many struggle. Some are really good at predicting outcomes, maybe hitting 8 out of 10, but without discipline they still lose. Like when someone goes all in after a loss because they got triggered, that’s where the downfall happens. Even with 8 out of 10 right, if you lack bankroll discipline, you’ll still end up losing.

So, is strategy only for betting, such as analysis and skill? If bankroll and emotions are not included in the strategy, then you could be ruined because not controlling your finances is not part of the strategy.

In my opinion... bankroll is part of the strategy at the beginning, even though you will eventually lose the bet, it can still limit you, and indeed, in the end, we will lose the bet, but by managing the bankroll, the loss will not be as big as imagined.

The way you described it, it seems to me that you are thinking of luck-based games where bankroll management literally protects you from losing everything, and there is no real strategy there...

But in poker and sports betting, the situation is different. The point is that the bankroll needs to grow, you cannot win a poker tournament if your bankroll is not growing constantly. And the bankroll can grow if you manage it well... you play/bet with a percentage of your bankroll, then a better card/match comes along and you make a stronger move, then you calm down again maybe... I guess it's some intuition/feeling that we all have while waiting for good cards or some good game, and sometimes it is worth being patient.

This topic reminds me of the difference between intelligence and wisdom: is the wise intelligent, and/or viceversa? which one is more important?

To me, you can be a great strategist, analyze everything and stick to a certain methodology, but if you don't manage well your bankroll chances are that you'll end very badly. Like the very intelligent person who uses his/her intelligence in the wrong contexts.

The important question is not whether bankroll management can be classified as strategy or something else, but whether there can be a good strategy without bankroll management. And, for me, the answer is no.

What you need to start gambling is bankroll. You’ll only be considered profitable if you can grow that bankroll, so everything begins and ends with it. No matter what we say - even if we claim to be good at sports betting, but if our bankroll doesn’t reflect it, then we’re not really good.

Professional bettors always start with a decent bankroll because they’re aiming for a long-term betting journey. To do that, they need to be great at managing it. That’s why bankroll management is part of the strategy. protect your bankroll and win.

As for me, bankroll management is actually a strategy and the reason why I say it's a strategy is because not everyone has the ability to possess a good bankroll management. The ability to always be in check and retain your balance or prolong your balance is actually a strategy, it's not necessarily a strategy that makes people to win the house but it can prevent some significant losses and can also make gamblers to be a responsible gamble.

Strategy or not, if you have bankroll management, it means you can at least show some discipline. But yeah, I agree with you, bankroll management only makes the funds last longer, it doesn’t stop losing or depletion. Lol. At least it shows we’re not betting wildly and won’t lose everything in just a couple of bets. It’s also a way to keep our discipline in check. Who knows, maybe before the bankroll is fully depleted, we can make a comeback.

Depending on our own way to describe what strategy is, if your understand a strategy is a way to make you win then your statement is correct that bankroll management is not a strategy.
On the opposite side, some gamblers may think differently because strategy is not only about how to win while gambling but it can be in overall gambling activity.
For this kind of gamblers, time limit, money limit, choosing game, how much to play or how to play can be all considered as strategy.
So to agree with you, others should have the same understanding as you but others may have different point of view about it.

There’s no strategy on gambling that will help us to win because all gambling games has house edge and rely on luck except for skill based game.

The only strategy we can apply is bankroll management to minimize our losses since that’s the only option we can have on gambling when it comes to application of strategy.

Bankroll is manage is not a strategy directly for gambling games rather a strategy to minimize our losses.

You made excellent point bankroll management is not strategy. It is simply way to protect your money and keep you from losing it all at once. Without real strategy plan based on research and knowledge to help you win over time you will still lose all your money just more slowly. Many people make mistake of thinking that careful money management is enough but successful gambler needs both good winning strategy and smart bankroll management to protect their money. They are two different but equally important tools.

Try to review again between bankroll management and strategy, that is if we talk about gambling.
If I consider in the management of Bankroll it is also part of the gambling strategy, Where we can set strategies in terms of futures plans and also the strategy of determining the budget or allocation of funds before betting and also the action direction strategy when starting to place bets.

If everything I say is limited to bankroll management, of course it is part of the strategy either before gambling or after, meaning that bankroll management can It is said that it is a strategy to make a decision on the money that you bet is very appropriate, so as not to be disappointed when losing or winning gambling.

Often we hear from gamblers when winning "Why do I place a small bet try if I put a big capital" I must be a big profit and vice versa "why I place a big capital bet" I am not sure that winning, not that is a strategy that gamblers have with bankroll management.

Bankroll management is not a strategy, but it is a very important tool that every gambler needs to have a healthy gambling experience, and it doesn't guarantee a win. Having bankroll management is the first thing that is required from a gambler because when it is not present, the gambler is finished.

 As a gambler, you need everything to succeed, and you can't do without one of the components that are part of gambling. Just imagine a gambler who has a good gambling strategy but no effective bankroll management; it will really be a big problem. We need both bankroll management and strategy because they both play a vital role when it comes to gambling.

If we could fully control gambling, I would also say that strategy is important. But in reality, many types of gambling simply do not have an approach to managing the outcome of the game. I mean slots, for example. Also plinko, or roulette. These are pure chance. If we consider Crash, then you can try to come up with approaches, or spy on YouTubers, but in general this game is also pure chance. But if we talk about poker, then you can greatly influence the chances of winning.

Bankroll management is a crucial part of gambling and with every strategy you use they must be in line with bankroll management...what I mean is very simple, if you are using a strategy like the martingale for example this doesn't really work well with bankroll management, as a matter of fact it's one of the ways to lose your bankroll faster....if your strategies are not in sync with managing your bankroll then it's not worth trying out

It would be a good idea to clarify what bankroll management actually is. Because from the discussion it’s clear that people mean different things. Some think bankroll management is about deciding how much money you allocate for gambling, while others see it as deciding how you manage that money.

I don't completely agree that bankroll management is not a strategy. As a gambler anything that helps me to manage my money so that I don't lose it all in gambling is a strategy for me. And that's what bankroll management is all about. Even though that I may not be doing it at a very high level like the professionals do it, I still do it to an extent and it saves me from losing so much money on just one bet.

It's still a strategy, but it's not a strategy in a game like the Martingale, meaning it can influence the outcome. Regardless of whether it's a strategy or not, bankroll management is crucial to how we implement our strategy. For example, with a deposit of only hundreds of dollars and wanting to use the Martingale, we must accurately calculate the basis of the first bet, as this will affect how long we can last. This strategy won't prevent us from losing.

Bankroll management is simply a way to control the risks involved and not a strategy, it's possible for people to get it mixed up. Losing is inevitable in gambling but it doesn't mean that it cannot be controlled. There are some strategies that can cut down your bankroll very fast and that's not what you want. A betting strategy must suit your bankroll plan and it should help you Manage it more instead of losing a high percentage of it

You're on point here, bankroll management isn't a strategy. Bankroll management only help a gambler, or bettor protect their money and stay in the game longer while limiting the time they will end with nothing in their wallet.

And again, no strategy is guaranteed in gambling, this is why many gamblers do not care about any strategy when playing a casino game or betting. I think strategy is overhyped.

In my opinion, the bankroll is part of the strategy

Having a bankroll has helped me a lot to improve my bets and, above all, to stay in the game in the long term. It also allows me to track and know where I win the most, or lose the most bets, and which championship I have the best results in
Without a separate bankroll for each championship, I wouldn't be able to put together my strategy, so my answer is this: my bankroll is part of my strategy and perhaps the most important part

Obviously, everyone's strategy is different, but for me it's essential

I will say that it's more of a state of mind and knowing what you are risking while gambling, rather than a strategy of how you will choose to gamble and in which area (slots, cards, sports, etc). If you don't have self-control and bankroll management, whatever strategy you follow, you will end up losing everything.

I don't know about you, but bankroll management is a strategy(at least I consider it one). It may not help you win more, but it does help you learn how to gamble responsibly. A strategy in gambling doesn't always have to be about winning. I'm curious, do you think a strategy in gambling has to always be about helping you win more?

Bankroll management and strategy are two very different things bankroll management is more like a safety net it helps control how much you lose at once and keeps you from blowing through your money too quickly it’s about setting limits on how much you are willing to risk and making sure you can stay in the game for a longer period of time but while it protects you in the short term it doesn’t actually give you an edge or help you win more often.

Strategy on the other hand is what guides your actual decisions it’s about analyzing situations knowing when to place a bet when to skip a round and how to adjust your moves based on the circumstances without strategy bankroll management can only spread out the losses it won’t change the final outcome over time that’s why many players who rely only on bankroll control still end up losing eventually.
The truth is bankroll management isn’t a strategy by itself it’s more like a tool that supports your overall plan if you combine it with strategy it becomes powerful because then you’re not just protecting your money but also increasing your chances of making smart moves and possibly coming out ahead if you treat bankroll management as the main plan though you’re just delaying the inevitable and watching your bankroll disappear more slowly rather than changing your results.

Bankroll management is just a way to manage your bankroll to be sustainable for a long term. Most times if people don't manage their bankroll very well they often lose it too soon than expected and it leeds to taking loan or sorting for additional bankroll. And this will prompt such a person to still fund his betting app with the money proposed for other important things, And this could be spent again so on a norms bankroll management is not supposed to be a strategy but just a normal fund management except for someone who doesn't understand English very well that will think that both are thesame.

From my point of view, bankroll management is a skill that exist separately even outside gambling, and it has to do with intensed discipline unlike gambling strategies that we change often to suit our desires or give us hope of wining. I think it's very important  that we all have the skills of managing our bankroll else we'll  end up regretting gambling in the first place. The problem with most gamblers is staying disciplined, I sometimes find it difficult to stick to the plan but i never let that happen too frequent that it becomes my main habit. We just have to keep fighting to keep ourselves discipline because the consequences of indiscipline is too expensive.

Bankroll management is the only strategy that works in a game where no other method works to win. I don't accept the line that it's not a strategic way to approach gambling. Was it not for it, then, responsible gambling wouldn't be a thing. I love bankroll management because it helps gamblers to build extra gaming sessions and save cash. As for winning the house, gambling has no existing strategy, aside bankroll management which comes really close to being the only way to win for ourselves.

Bruh, yes, bankroll management is entirely the basis, not a strategy. To survive the variance you may start with flat unit sizing which is usually 1 to 5% of your bankroll, then experiment with new strategies once your roll is established & only use Kelly when you have a reliable estimate of your edge. You may aim for approximately 50x for your median bet if you have enough data & it would take thousands of bets to really trust the ROI. Keep record of all the activities, you can also regulate the unit sizes as your bankroll allows & never bet on the money that you may need for real life uses.

There are reasons why it is considered as strategy. In gambling the results are based on probability and if we take the dice 1/6 is out winning chance of the bet and we can't say that if we bet 6 times we will atleast win once since the results are respective to each bet but in general more we play and more we stretch the chance of winning is there and with another example if someone bet $1000 on a single bet of any game and going all in their might win and make it big or lose everything and get home with nothing but if someone decided to go with $1 of 1000 bets then it has serious chance of winning and more or less we will end up with more than $1000, so it is a strategy.

I agree with that.

We cannot use it as a strategy, but more like a defense system to avoid more losses. If we have made up our mind that we are going to spend an amount that we set for the day, then we should abide by it. Win or lose.
It's not a strategy but more like a discipline for ourselves so that we won't be making a lot of mistakes when our emotions get the better of us. The bankroll management will somehow keep us in line, and all we have to do is follow it. Strong discipline is needed to do this.

It's part of the strategy. If you look at casino games, they don't have a strategy that works. People just put money in, click start, and wait for the result. There's nothing they can do. If they use martigale, they'll also have to use their bankroll well. So, the bankroll will be part of the strategy. Even in sports betting, if someone wants to be successful and create a strategy, they'll be forced to have an efficient bankroll management strategy. I think it's not possible to have a game strategy without a bankroll strategy. These two things are linked.

Anyone who don't want to spend too much money in gambling will have to be super conscious and it will make a gambler to be very careful and sometimes they will play a game that won't even give them back up to 10% return of what they use in staking. I have a friend who always do this and wins most of the time but the funny part is that what he is winning is almost same thing as nothing because of the return and I see it as irritating because I can not do that even if I want my bankroll to be active and not got finished.

Yes, it's a gambling strategy in general. Gambling is a luck game, we never know when our luck will come. Then, bankroll management can help you play longer & wait for that luck I mean. Let's make an example.

1. With bankroll management
Your luck will come in the 10th match or hand (if it's a live casino) & with $100 bankroll, you can get your luck in the final match or hand if you bet $10 per match or hand.

2. Without bankroll management
Still with the same bankroll ($100), your luck will come in the 10th match or hand (if it's a live casino). But because you're in a hurry without bankroll management, you make $25 bet per match or hand, which means you can only play maximum 4 matches or 4 hands.

A strategy is a plan to achieve a specific goal, and the goal is to minimize losses. So, is bankroll management a strategy? Yes, it is a strategy. It is a strategy about how we can minimize losses.

In gambling and betting, defeat is inevitable. Losses seem to be a certainty that we will experience, so never expect that every dollar you lose will be returned to you. And if you are unable to accept every outcome of the gambling you do, especially when you lose, then never intend to visit a gambling establishment.

I can't agree less. The management of bankroll is like protection, not a strategy to win, it is equally a risk control. Not having real strategy, it ends up delaying losses but won't change the outcome in the long-term.
It enables you stay longer and stay away from being broke too quick, yet it won't change the odds or make chances of winning any better. A better method includes having understanding of the games, odds, and making informed gambling.

It may not be a strategy to win but it’s definitely a strategy to stay lasting in the gambling process, it’s not about wining but it’s about staying on course and not getting burned out while playing.

If we do not consider it a strategy, then whatever plans we make to win better and more is incomplete without a method of playing and not losing all at once, even though we will eventually loss them but it last longer when we use this method or strategy to preserve them. Hence it’s a strategy but not for winning but for lasting longer in the game which eventually ends up helping you win more.

You would agree with me that the idea to manage your funds in gambling is really important. So why then would bankroll management not be a good strategy. The goal in gambling is to stay long enough without losing all our funds. So if we apply our common wisdom to this, we as gamblers might enjoy every deposit we make into our gambling account before it's lost or in wins.

Combining this with another good risk control plan would enhance your gambling experience even much better. It's as simple as that. We don't have to do what others think about gambling. Just being your self and do what works for you..

Bankroll management is not a strategy, it is just keeping yourself within a limit. However, maintaining a limit while gambling protects you from addiction to a great extent. It is very important to set a bankroll according to how much a person can afford to lose. Winning in gambling is completely a matter of luck, but protecting yourself from addiction is completely your own personal responsibility. A person becomes addicted only when he is unaware of his limitations.

For me, bankroll management isn't about preventing me from losing everything, since the bankroll in question is already a separate amount for gambling. Bankroll management, in my opinion, is about preventing the gambler from betting money that isn't part of the budget. It's like running a business; it's highly advisable not to mix personal and company funds.

That is true, they complement each other and that's why for a gambler to be successful.
It's not only about how much we win but also how much we spend, how much we keep and how good we are at bankroll management.
The strategy could be different from how we manage our bankrolls but, there is an association of it for a gambler to do better.
So, I agree as well that it's not a strategy but it could be part of anyone's strategy for what they believing it for.

If you don't have a strategy while gambling, you will lose all your money anyway.
For a period, I gambled in a disciplined way. When I cashed out, I would buy physical gold, and in a short time, I owned hundreds of grams of gold.
If you don't deposit money into the casino again after losing, the strategy works.

There's a big difference between a bankroll management and a strategy. Having a bankroll is one thing but knowing how to maximize it to avoid losses Is another thing. It's possible to have a large bankroll and still end up losing everything within a short period of time perhaps if your strategy or plan isn't really what you are supposed to be using. It's always important to make sure that your gambling strategies works with risk or bankroll management

I totally agree with you when you said that bankroll management is not a strategy, rather is just a way of maintaining your limit for example. you can decide to be going with $2 everyday or week depending on the level of your bankroll to avoid going at once. because if you don't set a bankroll while gambling you won't know when you will exceed your limit or your budget for the day, Alot of people think that bankroll management is a strategy but this is just what bankroll is all about, and is a must for all gamblers to set a bankroll before looking into gambling so as to avoid gambling beyond control. And not having a bankroll can also make one to become addicted to gamble as you may not know when you're supposed to stop.

That’s not bankroll management IMO, because you’re cashing out part of your bankroll to buy physical gold. Bankroll management only applies when you’re actually using it for gambling, no cash out involved yet. It’s about how you manage it, either with an aggressive or conservative method. Usually it’s done by percentage, flat betting, or some even use a martingale strategy.

It can still be bankroll management in some way. The difference is that he is not leaving the money on the casino to do nothing since he can only gamble 10%, he is using the money to invest in gold and can put more back in the casino if his bank roll takes a hit and he needs to recoup.

It can be about cutting loses in some games. If you bet 100% of all you have in every game, you will lose today or tomorrow. But if you only bet 5% per game, you still need to lose 20 games to go bust. And until then you will win a couple more times.

Depends on what you define a strategy as...

A strategy to not lose all your money in 5 minutes? Sure. But that is not a strategy to not lose all your money. Just stretch it out for a longer time. And for the people, like me, who gamble only for fun, that kind of "strategy" is way more useful than trying to convince yourself you found a loophole in mathematics and can somehow outsmart the casino with Martingale or some other so-called strategy.

It is true, as you said, that bankroll management is crucial in gambling, so it can be used as a risk control measure to maintain the sustainability of the game. In sports betting, analysis or strategy can be used, allowing you to increase your chances of winning compared to those who simply bet without any strategy. Additionally, you will gain confidence. Without a strategy, bankroll management only slows down losses, not changes the outcome.

Bankroll management isn't just about strategy; it's about taking care of your money so you can keep playing and having fun. If you're gambling for fun, it's essential to have control, because money isn't infinite. The more you manage your balance, the longer you'll be able to gamble without stress.

Accepted, it is only there as a tool of guidance.ln bank roll management, it helps you on how to calculatively spend your money in gambling without excess loss, it helps you streamline your budget towards gambling for a week or month so that you will not find yourself spending out of your stipulated amount, it helps us protect our financial expenses in gambling.

Gambling strategy and bankroll management are two different things entirely, bank roll management is not a strategy but a control measures to help us manage our resources properly at the wright way during gambling, while strategy are skills that you acquire from people or reading, learning or from researched you make to help you grow in knowledge towards a particular aspect you are willing to know.

Bankroll management is never a strategy, but it’s what keeps our gambling interest and activities keeps going. If you ruin your bankroll management, obviously the outcome will also be visible in every game you decide to play.

However, while bankroll management is crucial, but having strategies particularly in sports betting is also essential. You gamble not just to look after your bankroll, but to increase the profits in your bankroll as much as possible. Whether it’s a game of luck or skill, having a good and profitable strategy should be practice, along with good bankroll management.

When a gambler is at war with his instincts and is trying hard to limit his gambling, he must follow a bankroll. I think it is a strategy through which you can limit the time and money spent on gambling and a tool for self control. Most gamblers do not apply this strategy because they want to win more and most of them prioritize income over entertainment.

To be honest, I have tried to apply a bankroll many times and have broken it myself. I think most gamblers are like me because if you are in gambling regularly it will lead to defeat and you will naturally chase after a win or after one win you will want to get another and many more wins. In reality this is how I lost my bankroll and it is also true that despite not being addicted I cannot maintain the allocated amount of funds.

The OP answered his own question. Bankroll management protects the gambler from hastily losing all the money. In this sense, it is a "financial strategy". As for the gameplay strategy itself, every gambler is free to come up with different versions of Martingale or similar ways to win for himself. This does not guarantee success in gambling based on chance, but misconceptions persist. So bankroll management is certainly not equivalent to a gameplay "winning strategy."

Bruh, bankroll management cannot be called as strategy, it protects you from blind spending whether by fixing units, setting limits or choosing spending sizes however it does not give you offensive capabilities nor can it make you profitable on the negative EV bets. If you really wanna be profitable then you need some legit positive EV strategy like value models and edge hunting. You may use Kelly bet for sizing if you have an estimate of your advantage else bankroll management can just put a cap on the losses, but it cannot make you profitable in any way.

So, in a short comment, bankroll is actually a strategy but it is not like the other strategies of gambling which players are adopting for the purpose of winning. Like the Martingale strategy that you mentioned, people tend to use it because they want to win but no they don't respect bankroll management since it doesn't seem like a strategy that can make them win. Well, I just see the bankroll management as still a strategy.

Boss man you have said it all because bankroll management is not that necessary because bankroll management  main function is to minimizing losses, maximizing gains,and will knows  that when it comes to playing of sporting bet or casino is all about winning or losing, so since gambling is all losing and wining, what we should looking at is how to minimize our budget which a gambler can deposit either in sporting bet account or casinos account that he can afford to lose without thinking much about the money being lost.

Unlike most people here, I believe bankroll management is a strategy that gamblers can apply to better control their gambling. Gambling strategy isn't just about choosing games or relying solely on luck, but also about managing your money so you don't lose it all at once and can continue playing for longer periods.

It is true that bankroll management is a strategy that works as a strategy to survive in the field for a long time while playing gambling. In addition to having bankroll management, it is very important for a player to have a gambling style or decision-making ability, which helps to survive in the field for a long time or reduce the possibility of losing excess money to a great extent.

Plus or minus it's still other means that profers gambling strategy with its measures on management and the systemic order of controlling your risks.
Believe me, without adhering to a bank roll, we'd all gamble inefficiently and in the long time, there'll always be a point to blames or regret about after accounting numerous looses that may have affected our source of income or savings after a long time if we haven't been as much lucky to winning that could erase such self blaming experiences.
Also remember the longer you play is the more chances you stand to win (don't mean consecutively). And without good management, you can just blow your account in the short term while we wanted to play for a longer time.

It is never possible to win by using only winning and losing strategies in gambling. The gambler must acquire good money management skills. Sometimes money management can enable a gambler to survive in gambling. Moreover, if the gambler acquires good skills in money management, he can also reduce his risk in gambling. When a gambler is addicted, there is no money management step in him, which is why the gambler quickly loses all his money and becomes desperate.

Anyone can consider bankroll management a strategy or not - but you're right, it's simply a way to slow down the loss of your entire bankroll in a losing streak in a single gambling session. I consider it a strategy and of course, it's the only way I can avoid losing my entire bankroll in a single gambling session. Bankroll management sometimes can increase your balance due to wins - but if you lose, at least you still have a balance to use in another session.

There are several other management aspects that are also considered part of strategy - including emotional management, time management and risk management. Strategy isn't just about winning - it's also about slowing down the process of losing.

Setting a gambling budget isn't a winning strategy, rather, it's about avoiding the risk of excessive losses. Bankroll management is likely only practiced by those who gamble purely for fun, winning or losing doesn't matter, the important thing is enjoying the thrill of the game. This is very different from someone who gambles hoping to win, they'll employ various strategies and efforts to achieve their desired winnings.

Honestly am just amazed at how many people including the OP is saying that bankroll management is not a strategy. In the real context, what is even meant by ''a strategy''? lay down plans for future achievements, isn't it?. Now when we are talking about bankroll management which what will sustain our gambling budget in the long term. Honestly, bankroll management is a strategy that is set to manage our money that is set aside for gambling, if it's not a strategy then we can just use up our bankroll within ''a blink of an eye''. So, for me, bankroll management is a strategy.

Yes, this is not a strategy, but rather a way to minimize greater losses and avoid reckless gambling, spending more money on a single game. Losses in gambling are inevitable, so we must try to minimize the losses that occur. One way to do this is to set limits on the amount of money you deposit, the time you spend at the casino, and how many times you visit the casino each week. Our entertainment is gambling and placing bets, one of the things that makes us happy, but one thing that must be emphasized is that we must not let that pleasure make us forget our duties and obligations.

Well for me, I would categorize it as a strategy for me - I really don’t know what the others think of it but it’s a strategy in my case. There’s no general rule on what to consider a strategy, there are no requirements for calling something a strategy or not and the fact that it doesn’t affect the odds of you winning or losing a bet doesn’t really make it less of a strategy.

Bankroll management can help help you plan properly if you know how to use it and that would help you to know how to systematically approach the game and if this doesn’t count as a strategy then I’d like to know what you think a strategy is.

It's so funny on how anyone thinks bankroll management is a strategy knowing fully well it's just a medium to reducing ones irresistible spendings on gambling rather than ending up in loses. Strategy is something that gives you opportunity to win rather than the reverse so for who thinks bankroll management is a strategy a little research would do justice to that and if anyone chose to make it one it's basically bent on what works for them.

I would disagree with you, because I personally think that bankroll management is a strategy, it is not really a strategy that will enable us to increase profits, it is actually a strategy that helps us stay within our loss limits.
If we want to get an easy answer to what strategy is, then the answer is that planning with a target in mind is called strategy. Of course, when bankroll management is done in gambling, it is done through planning, so it must be called strategy.
So from this perspective, I would say it's a strategy for controlling our losses, which changes over time and with our income, and can also change later based on the output of gambling.  So, considering all these aspects, I would definitely call it a strategy.

You are absolutely correct, bankroll management is not strategy, a strategy involves making a well informed decisions about which bets to place, etc. But bankroll helps one to preserve their funds, just as you have highlighted, gradually your funds will reduce but it can be spent entirely, because of your determination and discipline to focus on using funds without exceeding your budget.
And also, this helps one to be able to gamble or bet responsibly.

I agree with you! Good balance management helps bettors stay organized, enjoy themselves more, and even make money. But it's important to remember that this alone isn't a strategy. The idea here is to save money for the right bets.

Bankroll management is one way to check greed and stay off addiction.

If you are able to manage your bankroll, knowing just how much you want to keep on your account at certain times, how much you intend to gamble with and how much you are willing to lose in a game, you’ve got a lot in check with that simple strategy.

You wouldn’t be addicted easily because, you’ve got total control over everything.

I agree with you, but only partially in some contexts. Look...

When you say it doesnot change the odds or make a bet a winner, I agree... because its much more a survival tool (or perhaps an extension of pain :P ) than an a "weapon" for winning in the long run.
But do you also agree with me that on some games this is the most a bettor can doing? In games that are purely random like roulette, slots, craps, and similiars, what strategy can a person adopt other than managing their bankrol according to the luck or bad luck of the moment?

Obviously, everything change when we talk about poker or sports games where the winner is the one with the best strategy, the most study (or information), and discipline.

So, I think it depends a lot on the game... there are situations where bankroll management is the only thing a bettor can do.

Perhaps it could be said that bankroll is a smart solution, similar to money management in trading. Now, the big question is whether we will be responsible when entering and playing later and disciplined in applying it. The biggest enemies when entering the game are ambition and emotion. The ambition to increase/multiply profits to a higher level, and emotions will fight back after several losses. The best advice is to simply set a set amount. If we losing, it's best to just leave the table and not force it. If we lucky, it's also best to leave the table and enjoy the results. The goal is to have fun, so why must stress yourself over winning or losing. ;D ;D

Bankroll management is managing your funds and spending too much on gambling. It is important because you must limit the use of the money because gambling is not your primary concern. With bankroll management, you will have responsibility because you know that playing gambling doesn't require much.

You can avoid the ambition and emotion in gambling because you see that limiting yourself from gambling is the best solution. You will not have ambition to increase your fund from gambling and will only play for fun.

Bankroll management means you allocate some money for a day or weekly or monthly to gambling. If our goal is to have fun, we will not take seriously to playing gambling.

Bankroll management in itself is not a strategy for sure, but when it come to managing your bankroll, there are different strategies one can implore for effective management, but also you will agree with me that when it comes to gambling, it's not every type of game we play that we can implore or employ strategies and it will work, one example of a type of gambling game where strategies does not work is slot games.

For games like slot, the only way not to lose out money quickly is to practise bankroll management, and like I did said before, management of bankroll isn't a strategy since it does not help the gambler win their game, it only helps the gambler to preserve their account balance so they can gamble or play their favorite games for longer, and in managing bankroll, there are strategies that we can use to ensure effective management.

For lay man language we can say it's a strategy since it's helping them to control their bankroll from getting drained so quickly and faster.
In other way round, bankroll management is not a strategy rather it helps to control how much we lose at a time or how much we spend in a single or multiple bets at a time, when these are applied in gambling it makes us have a total control over ourselves and how we gambles. Of course, to win in gambling we must deployed a strategy or game that could keep us winning while bankroll management helps us to regulate the total amount use in gambling.

Bankroll management protects you from the tendency to become addicted. When you are fully aware of the risks to your funds it can help you to focus on more important things, including your bankroll. Gambling always pushes you towards an upward trend, but with control you can stay free from every negative trend. Whether bankroll management is a great strategy for a gambler is more important than whether you can manage it in the short term because stopping gambling after a win or loss is more important than other strategies.

whatever rather I would agree with you, yeah bankroll management involves planning but here is the twist, bruh. I would classify it as risk management rather than a strategy to increase your profits. It is not about increasing your stack, it is about maintaining it through variance, ok?

Now come to strategy, it is all about situational analysis, line shopping, value models & edge. In the absence of a positive expected value, managing your bankroll merely prolongs your survival rather than enabling you to win, get it? So i could agree with you, while BM is strategic for survival, it is not the key to success.  Keep those tools apart, one helps you grow & the other protects you.

For some people, it is a strategy just to a certain level while for some other persons it is not a strategy at all since it doesn't shows that they can win their bets through it, it is just something that tells them how much to stake with at a time and the amount not to use. They don't realize that without it, they can quickly zero their account because there won't be that need to remain disciplined in staking with just a specific amount for a long time.

A bankroll is important for managing your finances. I don't call it a strategy, but rather an important method to apply to avoid disaster.
I know I'm also strange: I don't use any strategy because I believe that luck is the key factor in gambling; I simply apply bankroll precautions.

Bankroll management is pretty much controlling how fast the money is lost to the casino and one's bad luck. One can accelerate the pace or steeping it down, all according to how big one's gambling budget is.

As long as one does not go beyond such budget, then there should not be any problem for one as a responsible gambler.
Obviously, the smaller the budget is, then the more managing of bankroll is necessary to continue to gamble during a considerable period of time.

Bankroll management is not a gambling strategy, rather it is a finance management strategy to prevent the gambler from messing up his finances while gambling and that involves having a budget. Every real gambler, most especially sports bettors have their unique strategies that they exploit to bring home wins and these strategies are subject to change overtime. However, having these strategies are not guarantees for being profitable and that is why we must put a financial benchmark on our expenditure on the casino through good bankroll management practices but in reality, it is not a gambling strategy.

It's just like someone being paid monthly and uses his income to take care of his needs and important expenses without having financial issues. That doesn't mean that because he has a proper cash inflow management that his monthly income will increase automatically, if he doesn't find a means of increasing his income. Bankroll management is to enable you limit your losses and gamble responsible.

But you are minimizing your losses while playing the game. Remember that you are gambling with exposure to house edge that guarantee a lose in your side if you will play long term.

Just think the total number of losses if you will gamble without bankroll management in the long run. It’s already considered as a win if you have losses since the main goal on gambling is to have fun while profit just comes next.

It’s always based on our preference and overview on how we view gambling goal.

Bankroll management like I said before can be used to plan decision making and that in turn, tell you when to bet, when to stop and even up to how to handle your stakes.

So you don’t get to just jump blindly into an already established strategy and then start to gamble randomly, bankroll management will kinda help create a structured framework for those strategies and make the gambler more disciplined.

You quite made some level of sense, it's really not a strategy to win as most people do misinterprete it but it also a strategy to stay gambling for long which at the same time ends up, to be a stand point to facilitate wining in gambling and I guess that's the most reason why it's misinterpreted to be a gambling strategy. The real sense, should be financial strategies for a long lasting gambling experience and not to ruin your whole gambling experience with lossing more than you would be able to handle and then crash out, it really protects the ideas of winning.

Personally, bankroll management isn't a strategy but it's a principle that needs to be maximized in sustaining your betting journey in the long run.A good bankroll experience, foundation and proper management is the cornerstone behind a good strategy.

I like the way you put it, that bankroll management is not a strategy in gambling, but principle which anyone of us can decided to follow and apply to how we control the use of our fun assigned for the purpose of gambling, it is more of doing this to enable us have a sustainable plan towards how we gamble without having a stop or being caught unaware on issues related to money to be used for gambling.

I'm actually surprised that you said some people misrepresent bankrolling for strategy, which is off, bankrolling, by virtue of its name and the meaning is all about the deposits in the gambling account and how you spend the deposited amount. It's all about you whether you spend it well or lavishly, the end-result will tell you. This is often linked with management for prudence sakes, which cannot be misrepresent for a strategy because it is not a strategy but a way to be accountable with the gambler's finance.

Bankroll management can't replace strategy even though it is a very important tool in every gambler's toolbox. The reality is that if you have an excellent bankroll management but with a terrible strategy with little to no win rate, then the bankroll being "managed" will eventually diminish untill all of it is lost.

I think of it like this:

Good bankroll management + good strategy = more Ws than Ls.
Bad bankroll management + good strat = 50/50 because one loss can wipe out multiple wins.

Good bankroll management +bad strategy + more Ls than Ws simply because it doesn't matter what you're managing because losses will keep piling up.

In gambling especially the luck-based gambling game, any strategy tends to be futile that is why instead of thinking of strategy to beat the unknown, people tends to advise to have a proper bankroll management.  This way regardless of the strategy implemented, the gambler is able to gamble without much negative impact in their finances.



I agree with you that bankroll management is not a strategy, as we can see from its own term  the word "management", but somehow it greatly affects the strategy we wanted to implement.  Aside from that bankroll management can also be integrated with different strategy, also known as bankroll management strategy where a gambler thinks of ways to manage his bankroll properly.

No.  :)

imo:

There seems to be a conceptual misunderstanding. The difference is quite simple.

What you're asking about is related to the intrinsic nature of both. They are interconnected and depend on each other to be understood. If you have a clear understanding of each concept, the question about their difference becomes unnecessary, unless you are confused about one of them.

Few things always needed to be understood because without understanding it's never been easy to have positive results bankroll is management with this anyone can make strong strategy of gambling even it's never been primary job or work, but this is always shown how disciplined you are into your life and how can you manage things in all fields.

Having desired amount in bankroll and then keeping things in balance is not easy but good because with this addiction can be control and person can also feel comfortable which is also good if someone is not able to manage this surely he is going to face problems and addiction can also hurt which is always problem and life can also ruin because emotions can have their impact and this is always problematic.

Bankroll management is better seen as a financial discipline than a winning strategy. A true gambling strategy is aimed at increasing the chance of profit through analysis, odds evaluation, or exploiting value in bets. Bankroll management, however, does not improve win rates, it only regulates how much you stake and how long you can stay in the game. It's about staying more with same amount, having more fun without losing more and enjoying your gambling session with well managed strategy.

You spot a light on a very important and critical thing, and most of the people I think can't differentiate it. Strategy is something else, it can analyze things, understand the game and the players, when to enter, when to leave, and all this. In short, it is used for the win or may lead you to the win, but bankroll management is something different. It only saves you from immediate washout and nothing more than that. Relying only on bankroll management without a real strategy is like bringing a bucket with no water to stop the fire.

Already from both phrase, Bankroll and Management the definition should be clear. Bankroll won't help you win more to stay longer, the reason for managing bankroll is to help us balance between having gambling as entertainment and not having to overspend after consuming what was supposed for gambling.

Most gamblers that became addicts are due to failing to manage their bankroll, there is always urge to keep gambling, the only thing to refrain us from continuing gambling is bankroll management, everyone who lacks such quality becomes compulsive gambling and will face serious financial difficulties.

It's just that most gamblers or bettors don't know their expenses and income. And because of this, when they get paid or make a successful deal, they think that the entire amount that is now in their hands can be spent on entertainment. Although in reality, of course, they have their own expense items such as paying for housing or buying groceries.

Therefore, you must always be responsible to your family and, first of all, to yourself, and know what remaining income you can spend on entertainment.

We can consider bankroll management not as a strategy, but we can assess its importance for a gambler. As you said, many gamblers face problems because they do not manage their bankroll well. What happens is a lack of control over the finances they allocate for gambling, as well as the games that might continue without the gambler realizing the importance of bankroll management.

There’s a truth on this statement. It’s very hard to resist betting an amount that you are using as bankroll even though you can’t afford to lose it if your mind is on the influence of gambling impulse.

There’s a high chance that you will lose control gambling once you tilted on the game with just one bad streak.

That’s why we should only use a bankroll that we can afford to lose.

Developing a budget without having a proper plan on how to manage it is going to be a complete waste and they would be no point in having a budget. Let's say you set your budget aside for one month, you know that no matter how much you stake it's supposed to last for a month, without managing that bankroll you set aside you might exhaust it within 2 days or maybe less. Bankroll management helps you maintain discipline 

Yes, bankroll management simply increases the lifespan of your money, but does not help you to increase it. And it is strange that people with such interest discuss bankroll management, but at the same time are extremely reluctant to discuss strategies. In any case, on our forum I have seen very few topics devoted to the discussion of strategies. On the other hand, this is natural and understandable. If someone has a working strategy that is capable of bringing profit in the long term (we are talking about sports betting, not casino games), then most likely such a person will keep his strategy a secret.

Ahh... I thought bankroll management are strictly the bases by which bettors are accountable of how they uses their budgeted gambling funds to gamble.
If that is it, will there still be any essence of segregating the strategy of how you manage your funds in the sport bets and the sport bet? I am curious maybe I am missing out.

I think the secret about about should be based on our incomes that determines the values of our bankroll and find strategies that can be sustainable in the long term while we keep giving the entitlements of winning trials on how we can be successful.

It is simply a necessary but not sufficient condition for making money. Someone who is very good at sports betting but bad at managing their bankroll will lose money, and vice versa. But if you have great analytical skills to make consistent profits from betting, managing your bankroll is much easier. For someone just starting out, apart from analysing, it is a good idea to learn how to manage your bankroll from the outset, which will minimise the risk of running out of funds while you are learning, which is when mistakes are most likely to be made.

What you said it true, but some people doesn't employ the use of bankroll management because they just want to play as their mind leads them to and some people too say that because they are gambling for fun they don't need bankroll management unless they actually have target of the result they expect. I can not speak for others but I know how important bankroll management is to me in controlling how much I spend while gambling.

Bankroll management might not look like a strategy but it's a risk management strategy to make our gambling experience secure without gambling too much. There are so many gamblers striving to make something reasonable from betting just because they don't make use of risk management.

There are also gamblers that have been looking for ways to continue having consistent profits without losing them back. This has been a very big problem to us and we should ensure we don't gamble without a risk management in place, guiding us on how often we should gamble to be profitable.

Some don’t even know what bankroll is - or if they do, they don’t know what bankroll management means. Most are just typical gamblers, they play with whatever money they’re willing to risk and if it’s gone, they stop. Some get addicted, but that’s another story since they’re only a few.

Bankroll management might not sound like a strategy for some, but it’s actually part of the strategy if you’re serious about betting. it plays a big role in making sure you last for the long term. But if you’re just playing for fun, then it’s not really something you need to know.

Worse still, there are many who think they know what it is but in reality they don't. The same thing happens with concepts such as RTP or Martingale. It happens a lot in poker too, with people talking about odds, equity, and concepts like that, and they're terrible at it. Social media has made these concepts very popular, but that doesn't mean that everyone understands them. It's like when you went to class, everyone was taught the same thing, but some people got an A and others failed. That's how it is.


I think this is the main misconception. If you play casino games, you don't really need it; the only thing it can do is make your money last longer.

Some don’t even know what bankroll is - or if they do, they don’t know what bankroll management means. Most are just typical gamblers, they play with whatever money they’re willing to risk and if it’s gone, they stop. Some get addicted, but that’s another story since they’re only a few.

Bankroll management might not sound like a strategy for some, but it’s actually part of the strategy if you’re serious about betting. it plays a big role in making sure you last for the long term. But if you’re just playing for fun, then it’s not really something you need to know.
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You actually made a great point here. This Bankroll management of a thing actually look's like nonsense to so many gamblers most especially those who are new to gambling, bit it's actually one of the most important tool in betting that so many gamblers don't know, and other know but are just taking it not too serious. It actually helps preventing so many unwanted decisions most especially emotional decisions. Many people don't actually have this understand that without managing your Bankroll, it can lead to financial breakdown. It's not just about winning or how much you bet or even staking big, it's all about knowing when to bet, knowing how much you are betting with, and knowing when to walk away when necessary.

Well, it is true that bankroll helps us to control ourselves to some extent. But our dopamine hormone is a very bad thing, no matter how much you bankroll, there will always be a thought in your brain that I have more capital, I will bet a little more and see what happens, maybe I will win or I will be able to recover my lost money.

You can think of bankroll in this way that just like seatbelts cannot prevent us from accidents but they help reduce the damage. Similarly, bankroll will help you to control yourself to some extent even if you do not have complete control. It is said that something is better than nothing, just like having a bankroll is better than not having a bankroll.