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

[sompitonov]

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 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.

[eisen33]

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.

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.

[Maslate]

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.

[rachael9385]

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.

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.

[summonerrk]

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.

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.

[traderethereum]

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.

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.

[Samlucky O]

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.

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?

[Strongkored]

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 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.

[Russlenat]

People playing casino games don't need any sort of bankroll management, actually this system is meant for those that are into sports betting.

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.

[Ziskinberg]

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.

[gunhell16]

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.

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$.

[stadus]

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.