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Author Topic: What is your daily bankroll limit?  (Read 4842 times)
mobnepal
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January 09, 2016, 03:56:51 PM
 #41

I am not a kind of big gambler so i usually play for fun rather than earning or wining big. I just put something around 0.02 to 0.03BTC to gambling site and try my luck and even i get around 0.01BTC as wining i just cashout all my money back. Grin Grin I am quite greedy.
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January 09, 2016, 10:07:45 PM
 #42

-Do you have a separate wallet just for gambling?
-Do you have a daily limit on your bankroll?

I usually have from 0.8BTC to 1BTC in a dedicated electrum wallet and transfer out all my winnings out to my cold wallet and keep it at 1BTC

Looking to hear others bankroll management.

First of all, don't gable what you can't afford to lose.

Now if you are a gambling buff and have full confidence on the games that you like to play, you can go ahead and throw as much as you are feeling lucky. I always tend to invest more than gamble and so I prefer Moneypot.

Bankroll actually depends on each individual and his strategies. I keep a max bankroll of 0.5BTC in my hot wallet and a fraction of it gets deposited in gambling investments.

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January 09, 2016, 10:21:28 PM
 #43

-Do you have a separate wallet just for gambling?
-Do you have a daily limit on your bankroll?

Yes, I have a personal wallet for storing some bitcoin and sending bitcoin back and forth to different sites, and another separate offline wallet for storing the majority of my bitcoin. I don't gamble every day, so I have a weekly limit (0.1-0.2 btc usually) instead of having a daily limit.
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January 09, 2016, 10:35:48 PM
 #44

Now I'm not a gambler active again I've interfere with the activity of gambling since last year because I  experienced large losses due to gambling
for now I gamble with only a small number of even very small I just spent a week in 0.005 to 0.02 BTC only about 1% of my income BTC
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January 09, 2016, 10:42:53 PM
 #45

Now I'm not a gambler active again I've interfere with the activity of gambling since last year because I  experienced large losses due to gambling
for now I gamble with only a small number of even very small I just spent a week in 0.005 to 0.02 BTC only about 1% of my income BTC


Good for you. Unlike others i've seen losing .1BTC - 5BTC and then they're going to cry about it. Lol

losing which they can't afford to lose.
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January 09, 2016, 10:48:57 PM
 #46

i think i can spend somewhere like 0.01 bitcoins if i would loose it everyday without any profit, thats not too much money in my opinion as i dont like to risk too much

 
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January 09, 2016, 10:52:47 PM
 #47

if i think about it i believe i dont have a limit, i deposit the amount that i can afford to lose that day, and then gamble it all and of course lose, that is my strategy which doesnt give me any money unfortunately

 
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January 09, 2016, 10:56:40 PM
 #48

I use electrum, with 3 separate wallet.

1. to sport betting (with daily limit 0.1 bitcoin)

2. to dice games (with 0,02  daily limit)

3. to casinò (generally roulette, blackjack and slot) with 0,05 daily
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January 09, 2016, 11:05:25 PM
 #49

I don't have an exact limit set for myself, but so far I have never spent more than 0.1 btc a week on gambling.

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January 09, 2016, 11:25:43 PM
 #50

my daily bankroll limit is from 0.005 to 0.05 bitcoins, it very depends on where i play and how good my mood is i usually dont risk a lot of money as i dont like loosing vast amounts
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January 10, 2016, 12:01:24 AM
 #51

the bankroll limit is really small for me, i dont get a lot of money in a day so i can not afford to loose a lot of money, i also dont like the gambling too much
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January 10, 2016, 12:05:01 AM
 #52

bankroll daily limit for me was limited only by what i own until i lost almost all of it that's when i stopped bitcoin gambling for a while
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January 10, 2016, 12:11:02 AM
 #53

bankroll daily limit for me was limited only by what i own until i lost almost all of it that's when i stopped bitcoin gambling for a while
Ouch that is good that you see the error of your ways and have stopped. To answer what is my daily bankroll? I dont have one as i dont play every day, maybe once a week if i feel like it. I kind of have separate funds for it but they are not just for gambling which is mainly sports. It is just hot wallet and that is for anything and the rest is cold and would never be transferred to gamble. Some of you have really big allowances  Shocked Cheesy


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January 10, 2016, 12:31:19 AM
 #54

bankroll daily limit for me was limited only by what i own until i lost almost all of it that's when i stopped bitcoin gambling for a while
its not good to play without a limit as you did, this can get you highly addicted to gambling what means you will not be able to escape it, i hope you learnt the lesson and wont gamble anymore




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January 10, 2016, 01:01:52 AM
 #55

I don't gamble everyday, and when I do I usually gamble my additional spare funds earned from signature campaign.
Say, if I earn 0.04 BTC a week then if I feel lucky I spend 50% of this on my gambling fun.
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January 10, 2016, 02:04:51 AM
 #56

I usually start with a small amount of around 0.001 and try to cash out when I'm ahead. Most I will ever bet per day would be around 0.01BTC (I know, not much, but I don't like risking a lot of money)

taking a break - expect delayed responses
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January 10, 2016, 02:10:45 AM
 #57

I am not a kind of big gambler so i usually play for fun rather than earning or wining big. I just put something around 0.02 to 0.03BTC to gambling site and try my luck and even i get around 0.01BTC as wining i just cashout all my money back. Grin Grin I am quite greedy.

That is a good way of managing gambling funds. I never loan money to any gambling sites but only bet in sports with small amount so I don't worry much about the bankroll. Once in a while I bet in cricket matches mostly and directbet site never ask to loan you're funds so I no need to worry on bankroll.
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January 10, 2016, 02:48:46 AM
 #58

I control myself not to gamble more than 0.1 btc a day. It sounds a lot, but since I am betting only on football now, I at most gamble 2 days or 3 days  a week.

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January 10, 2016, 03:08:23 AM
 #59

My daily limit won't be more than 0.1 BTC.
However, when I gamble after a long lay-off, I went up to 1 BTC.
And lost it all, damn it.  Angry
maybe you should really consider quitting, youre throwing away more than 40 usd a day, all for a few seconds of "fun" as the addicts on this section will claim. just quit and you could save up for something really worth buying, like a new tv, i dont know.
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January 10, 2016, 04:30:24 AM
 #60

My daily limit won't be more than 0.1 BTC.
However, when I gamble after a long lay-off, I went up to 1 BTC.
And lost it all, damn it.  Angry
maybe you should really consider quitting, youre throwing away more than 40 usd a day, all for a few seconds of "fun" as the addicts on this section will claim. just quit and you could save up for something really worth buying, like a new tv, i dont know.

He must be trying Martingale in real time scenario across many days of gambling. May be he would recover his losses in one single shot of winning. Every gambler keep this kind of same faith and keep on trying in gambling. But 0.1 BTC daily limit for gambling is big money for me too.

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