Know what bankroll management is in sports betting?

[Stedsm]

This is one of the major topics that is never covered here (or maybe I haven't seen any such threads related to this).

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.


Never chase your losses

Only asses chase losses! Haha, jk. But still, there's no need for you to go and double your bet every single time just to chase your total loss and get into profits. Trust me, if you eventually turn your gambling habits from being greedy to becoming a smart gambler, you will be in much better profits than just gambling it all away at once and chasing could be really dangerous for your bankroll's health.


Calm mindset

There is no need to feel bad for your loss, even if you lose 1 unit, you still have 99 left, so 2 more wins and you are in profit. Don't go all in on one bet, instead place your bets in parts. Opportunities are available every single day in sports betting, but don't bet like a gambler, bet as a sports investor and apply the rule of "1 bet 1 unit" and I assure you that you'll become a much better gambler one day.


Have an edge over yourself

It's not funny to gamble tbh, some people do it for fun but where's smartness in losing your money? Will you be called smart? No, right? It's better to only use and invest your bankroll in those games over which you have an edge. If you are sure about the game you are betting, then only use your 1 unit on that game, otherwise no need to gamble based on half (or 0) knowledge because we are talking about smart gambling and managing our bankroll. This assures that you have higher chances of winning over losing, and this edge will only help you gaining much more profits in the long run. If you don't know about a game, or yours is a few days ahead, just don't gamble and wait some days and let your expected game arrive.

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[bitbunnny]

I would say these are some general rules for all games and gamblingd, not only sports betting. Managing risk, having patientce and cool head as well as to know your limits is something every gambler should have on its mind but in practice things often turn out very different. Knowing yourself and your own psychology is very important if you are gambler.

[seleme]

In theory, sounds perfect! Now it is time back to face with reality, the gambling mindset is totally different than what we think we will do. Many gamblers look for easy and fast money by betting on random events, so the final outcome is against their winning chance with a 0-1 score. Chasing losses is the shortcut to limit the more losses and saving time, otherwise, the gambler is supposed to keep playing a few more days in order to go back to the start point.

[Stedsm]

I would say these are some general rules for all games and gamblingd, not only sports betting. Managing risk, having patientce and cool head as well as to know your limits is something every gambler should have on its mind but in practice things often turn out very different. Knowing yourself and your own psychology is very important if you are gambler.

Knowing yourself couldn't help if you break your own rules, mate. When I said these things, I said them because I have followed them myself and the major part that I forgot to add is (I'll be adding the below para right now in OP):

Have an edge over yourself

It's not funny to gamble tbh, some people do it for fun but where's smartness in losing your money? Will you be called smart? No, right? It's better to only use and invest your bankroll in those games over which you have an edge. If you are sure about the game you are betting, then only use your 1 unit on that game, otherwise no need to gamble based on half (or 0) knowledge because we are talking about smart gambling and managing our bankroll. This assures that you have higher chances of winning over losing, and this edge will only help you gaining much more profits in the long run. If you don't know about a game, or yours is a few days ahead, just don't gamble and wait some days and let your expected game arrive.

[Lanatsa]

This is one of the major topics that is never covered here (or maybe I haven't seen any such threads related to this).

Deciding Units

Calm mindset

Deciding units, well yeah this is suggested but those are subjective to change and lots of factors would really affecting this decision neither with your emotion, confidence towards a certain game.

So it will take lots of discipline to someone which do tend to stick with 1 unit or a percentage of its entire bankroll when it comes to his betting chances.Proper allocation will be always good
and it isn't really just a basic thing that someone can control off.

Calm mindset? Its a must and were betting for the sake of enjoyment but people are taking it too far and expecting for something which it isn't right at all.

[GDragon]

I think every gambler knew this deep inside, the problem it's very hard for them to always follow it, we keep saying to ourselves to not chase losses but in the end we decided to double our bets because we feel it, or some just wanted to, that's gambling is, and that's why it's hard to control too. I don't have any problem following this, but I don't have any problem breaking it too, as long as I can afford to lose my budget for the gambling session. Being calm will be easy if you can accept losses actually.

[Reid]

Well, I think when you are just having fun gambling, you are smarter than the greedy types.
Most greedy type lose their composure and just put bets on anything they find as long as they think it will win.
Fun means you are calm also.
But there will always be a bad side of it, like you have too much fun and just giving away the money.

So to conclude. Too much is always not right. Always take a rest to think it over. Win or lose.

[rhomelmabini]

This is one of the major topics that is never covered here (or maybe I haven't seen any such threads related to this).

I think there is some threads that are somehow related to it but either outdated nor locked, see the links below:

Bankroll management - Don't go bust all the time
Bankroll Management Challenge!
Will you borrow money as your bankroll if you trust your skills in gambling?

Deciding Units

I always do this especially on slots gambling so that I get too many spins. If I have only $10 on the bankroll I'd goo deep at 0.01 so that I may have a thousand spins to play with but the win was really that low. Sometimes I does this but when greed comes along busted was the outcome.

Never chase your losses

This is where always most gamblers been broke that much and I agree with you but becoming a smart gambler isn't that easy along the way maybe you could be broke many times before you learn your greatest and expensive lesson.

Calm mindset

How I wish we are that calm but if a loss streak do happen most do panic and that's not the way we can calm our mind. The thing that calms my mind while playing is listening to music, pretty good it eases and makes me feel good especially if it's a jiving one (well, I'm referring when playing crash, dice, blackjack and slots - the fast games).

Have an edge over yourself

IMO those who gamble for fun I think they have already set their mind that they are prepared it will lose but when luck do happen they sometimes feel that they couldn't have to loss it anymore, I do sometimes feel it this way. There's no really fun on losing those money but I think having an edge is only when you got the expertise on the field especially on sports betting but on fast games and game of luck I think that's not possible, just my two cents.

Maybe poker, sports betting and other game of strategy is where you could only have an edge over something you're betting, I think it do fall on that category. Well, bankroll management wasn't bthay easy for most for starters but experience and more losses do help sometimes on the learning process.

[Darker45]

You could also adjust your betting units depending on how confident you are that your bet will win. That's regardless of the odds because sometimes your personal assessment and analysis do not coincide with the odds. So there will be varying units of bets. Sometimes you place 1 unit, 2 units, 3 units, and so on with the smallest one placed on the odds you think are least likely to win.

As far as emotional control in gambling is concerned, I guess that's the most difficult part to achieve. Fortunately, though, one could be more controlled in sports betting than in casino gambling.

[Wexnident]

A calm mindset and deciding your units are always ones that I want to do always whenever I start gambling. Though really, a calm mindset is the hardest part when it comes to gambling, especially since it's not really a matter of losing at times imo, it's just that you forget that you're actually gambling. This makes your experience a lot more enjoyable, and hence, possibly makes you spend more and more, even if you were winning or losing. It's always important to remember that you're gambling, even if it's only for fun, since in the end, this is a direct trade of money for happiness after all.

[traderethereum]

It is not easy to apply that such thing because when someone loses in gambling, he will not think about that, but he will think about recovering the losses even if he has a plan to playing gambling to enjoy his free time.
It would need discipline always to remember and stick with his plan in gambling games because he can lose his money anytime, and when he losses, he needs to decide to continue or stop the games. But stopping the games will be the good thing that he can do to prevent other losses.
Money management will always be a way to avoid losses, which is the main problem that many gamblers face. If we can not manage the money we will use to play gambling, we will lose more money without realizing it. We only realize when we lose all of the money that day, and we must not think about how we can recover those losses.

[swogerino]

These are surely great tips.However getting an edge over yourself is where most of us fail.Our brain is not functioning 100% correctly when we have several consecutive losses we are more or less controlled from dopamine.In this situation you can’t do much and you keep playing not caring about losing all of your initial bankroll and even more.

Some studies have shown that in such cases going for a walk,going out with friends or eating a pizza it can help you move your mind away from gambling but these studies are not final yet.

[dimonstration]

If all players will be able to set their mind these tips it will lessen the gamblers who will be too desparate in winning, Yes it's fine to chase winning but not to the point that we do things not based in our knowledge and capabilities. We should know when to bet and who to bet as there are many points we need to know to atleast get the chance of winning. I tried to practice in betting to really have an edge over the games I'm betting and have basis whenever I gamble.

[Fundamentals Of]

If all players will be able to set their mind these tips it will lessen the gamblers who will be too desparate in winning, Yes it's fine to chase winning but not to the point that we do things not based in our knowledge and capabilities. We should know when to bet and who to bet as there are many points we need to know to atleast get the chance of winning. I tried to practice in betting to really have an edge over the games I'm betting and have basis whenever I gamble.

That's responsible betting at the minimum, betting with basis. I experienced betting for the sake of betting when I was new in gambling. Control was hardly something to think over. If there is a spare amount of money it could easily be spent gambling. Most often, it was just wasted. There was still fun of course but there was hardly any money from it.

With proper bankroll management and betting with basis, gambling could be both fun and profitable.

[safari88]

this is good information not just for new users but also for experienced and long time gamblers since some of them including me of course forgot this kind of simple information and forgot how to manage our bankroll well and most of the time chasing our losses rather than enjoying the game.

[Stedsm]

That's responsible betting at the minimum, betting with basics. I experienced betting for the sake of betting when I was new in gambling. Control was hardly something to think over. If there is a spare amount of money it could easily be spent gambling. Most often, it was just wasted. There was still fun of course but there was hardly any money from it.

With proper bankroll management and betting with basis, gambling could be both fun and profitable.

FTFY.
The most important part for a gambler is control over their addiction and their level of tilt towards gambling. If you just lean down too much whenever thought of gambling comes to your mind, you seriously need help quitting it or at least dropping that level to some extent.

Anyways, I have learned that you need to decide your units as well as keep it least against the ratio of your total bankroll in order to level up the variance - variance means when you are winning a bet but suddenly something happens that makes you lose it. So it's better to keep your unit size least in order to beat the variance twist.

[sheenshane]

IMO, it's theoretical and ideal at the same time if everyone is capable of applying these ideas in their daily gambling life.  But that isn't the case we all have individual differences in all aspects of life which makes these ideas not applicable to everyone.

However, we all know that it should be the case but still, if we get attached to it so much then oftentimes we get blinded and became greedy.  Somehow OP is right that gambling isn't funny but that is if you are looking at it on one side and that is when you keep on losing money and this is applicable to those gamblers who really intend to gain profit and intentionally go and make bets, not for the entertainment but winning. 

We have forgotten that sometimes there are few people who go to casinos just because they wanted to be entertained, chase boredom or just forget what is troubling them aside from financial issues.  This only shows that people who gamble have different approaches in gambling and we can't blame them if they aren't able to follow the bankroll management at a time.

[rijaljun]

This are great advice but in my experience even with the great advice in mind it's really hard to apply it in actual gambling and when the greediness of you to win and the urge to win back the losses I don't think it would really hard to remember this things but with practice I think anyone would be able to follow this advice.

[South Park]

This is one of the major topics that is never covered here (or maybe I haven't seen any such threads related to this).

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.

Money management skills are what separate successful gamblers and traders from those that are long term losers, lets suppose you have a way to make money with sports bets, well all of that does not matter if you bet half of your capital on each game as you only need two losses in a row to go bankrupt, but if you only bet 1% of your capital on each one of your bets the chances that you lose 100 times in a row are incredibly low, so even if you have a streak of bad luck you can always recover.

[CaVO32]

This is one of the major topics that is never covered here (or maybe I haven't seen any such threads related to this).

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.

Money management skills are what separate successful gamblers and traders from those that are long term losers, lets suppose you have a way to make money with sports bets, well all of that does not matter if you bet half of your capital on each game as you only need two losses in a row to go bankrupt, but if you only bet 1% of your capital on each one of your bets the chances that you lose 100 times in a row are incredibly low, so even if you have a streak of bad luck you can always recover.

Nice analogy and actually true. You can extend the life of your $100 and even earn more if you know how to strategize your bets. But if you go big in your bets, losing all your money will be fast and easy. Also, in sports betting, it is better to stick with the sports that you are really familiar of. The more you know the sport, the higher the chance that you will bet right.

[Mahanton]

This are great advice but in my experience even with the great advice in mind it's really hard to apply it in actual gambling and when the greediness of you to win and the urge to win back the losses I don't think it would really hard to remember this things but with practice I think anyone would be able to follow this advice.

When you do already able to get some experience in multiple situations then you might able to realize and able to avoid it in next time.
People wont learn if they wont experience it thats why even telling them will be somewhat useless because people are greedy in nature
but due to strong self discipline this can really be controlled up not only with gambling but also in real life situations where decision
making is important. Management in everything is crucial and needed and if you do like to succeed in sports bet then this one
is one of the qualities that you should have.

[Bttzed03]

1. Set a personal minimum/maximum bet for each match.
2. Pick a team with the likelihood of winning with better odds.

I don't usually bet on teams with odds less than 1.5. It's tempting to double or triple your bet on a team that's likely to win but with odds like 1.2 just to maximize your profits. The risk might be low but when you lose, that's going to sting a bit.

[Fredomago]

This are great advice but in my experience even with the great advice in mind it's really hard to apply it in actual gambling and when the greediness of you to win and the urge to win back the losses I don't think it would really hard to remember this things but with practice I think anyone would be able to follow this advice.

When you do already able to get some experience in multiple situations then you might able to realize and able to avoid it in next time.
People wont learn if they wont experience it thats why even telling them will be somewhat useless because people are greedy in nature
but due to strong self discipline this can really be controlled up not only with gambling but also in real life situations where decision
making is important. Management in everything is crucial and needed and if you do like to succeed in sports bet then this one
is one of the qualities that you should have.

If you'll develop that strong will the discipline inside you will dictates how you'll be able to manage your bankroll properly, chasing loses is one of those factors that will only lead you to lose more.

Having a mindset that there's always tomorrow whatever happened today will allow you to catchup better to quit while you still have money inside your wallet than allow yourself to push thru and bust everything.

Being calm and always find enjoyment, that's helps to avoid losing control and greediness, if you have it
inside you it will let you decide properly and in the end of the day you'll enjoy playing the game.

[Shasha80]

Never chase your losses

For me who find it hard to accept losses, never chase your losses is hard to follow. The few times I have double bet to catch up
on my losses, I know this is not good for my bankroll. But I am only human who sometimes gets out of control. This is one of my
weaknesses that I want to fix, but I can't do yet.

[Stedsm]

Never chase your losses

For me who find it hard to accept losses, never chase your losses is hard to follow. The few times I have double bet to catch up
on my losses, I know this is not good for my bankroll. But I am only human who sometimes gets out of control. This is one of my
weaknesses that I want to fix, but I can't do yet.

Nope, you're not the only one, any gambler who doesn't have control on his mind while betting would do that. Be sane, don't go insane because money is money no matter where it came from, so even losing a penny matters. If you'll start thinking this way, I won't say that you'll be entirely in profits but yes, you will be under least loss. When you say "doubling my bets", you're doing martingale and it can only be good if you don't get too long a losing streak that you can't resist. I've also seen some players who just double their bets, then quadruple it and then go all in and lose. Don't be one of them, follow the advices given here and play safe.

[Yaunfitda]

I don't think there is just a one rule to cover everything, and even if others are practicing safe bankroll management, you can still fall sometimes that you want to bet even more than 1 stake because you feel the urge to (just like the majority of the gamblers are). Similar to when you are going to a traditional base casino, before playing you always tell to control yourself, but in the end those bank roll system you put into place are thrown out of the window, because your bet are affected by our emotions already.

[shield132]

I think no one can teach anyone how to use their bankroll during gambling. Simply there is no idea about it because psychology plays a huge role during this process. I can set limit to myself but at the same time I can change the rules/plans anytime during my sessions if I feel to do so and there are a lot of people who feel that way because there are a lot of chemical reactions during sports betting too, it's an adrenaline rush and at some point euphoria when you win or are actively looking matches and are in process. These are the advice that everyone can think over.

[rhomelmabini]

I don't think there is just a one rule to cover everything, and even if others are practicing safe bankroll management, you can still fall sometimes that you want to bet even more than 1 stake because you feel the urge to (just like the majority of the gamblers are). Similar to when you are going to a traditional base casino, before playing you always tell to control yourself, but in the end those bank roll system you put into place are thrown out of the window, because your bet are affected by our emotions already.

There may be diverse rules to follow but overall if you can master 1,2 or three of it I think it will be a key to your gambling life and the number 1 rule to setup is the attitude and discipline towards it. I bet these happen to all gamblers but when you get some experience or say you're already a pro I think you may able to control that urge especially when chasing losses where most gamblers fail to sway.

Bankroll management I guess is hard to meet by our own standards but if there's some key to it I think it should be an advisor or something that always never fail to remind you that you may stop during some point of either win or losses.

[harizen]

Honestly, we can't just apply these pointers in general even how basic it is.

For me, those problems should be experienced in order to be a better gambler in the long-run.

Without those struggles, they won't learn. I myself are like that back in my early days of gambling. Since I already know being on those numerous bad experiences, I'm trying my best not to have the same mistakes in the future and that also includes the ability to manage my bankroll management.

[erikoy]

Well, that will be a good start to gamble. It may sound generic or simple advises but for me it is effective. I had tried that also when I do gambling after made some losses never had been asking for money to continue gambling by chasing or recover the losses being made. We know how the casino works and this is their business so in the long run it is neither for us to win or take home profit instead it is only the fun and excitement being made when one is gambling. Gambling is a business for casino and a fun and past time for gamblers.

[imstillthebest]

i like that deciding units . i never seen that being talked before . 100 bets is not small but its not also that high its just normal to make you entertain in the game and at the same time score for a good profit but the amount should also be match with the bankroll you have .

the problem to me is that i cant stick on the 1 bets till i fully consume the 100 bet but i find my self raging bets at the middle of the game  . this happen if im loosing or if i got bored . if im sure with the play i will also increase my bets  but if not i wont decrease it . rest that you say are also essential in betting .

[Questat]

This is the most important factors to consider if we like to go through a serious path in gambling.

Some of the major problems of the gamblers are they chase their loses, why? because in the first place they failed to set a decent bankroll, and honestly speaking, with $100 bankroll, I doubt one can still be thrilled putting only $1 per bet, sometimes it's a waste of time because for example in game season you end up up 20% of your bankroll, that means you win 20 usd over a period of time, that is not satisfying IMO.

Therefore, build a decent bankroll, and everything will follow.

[STT]

- just divide your bankroll by 100 and you'll get your 1 unit cost.

Super simple strategy and Im totally sure it will work to anyones advantage, not that any of us are guaranteed the win but over time you will improve in experience in reaction and calculation of bets.   Never go all in too soon or with money that isnt winnings, to have patience is a small thing but a big ask for most of us as the natural inclination is to get involved upto your neck and hope to pull it off.
  The more boring but sensible strat is to build momentum with a sequence of wins and with sports betting it is possible for sure.    Put it another way, the feedback from your previous bets is valuable guidance in the future decision making and only by equal division of capital is there a real chance to gather proper judgement.     The final piece why this strategy for sure works is they do very similar in finance and risks vs reward in that arena, over time is a valid process of consideration never all at once.

[traderethereum]

i like that deciding units . i never seen that being talked before . 100 bets is not small but its not also that high its just normal to make you entertain in the game and at the same time score for a good profit but the amount should also be match with the bankroll you have .

the problem to me is that i cant stick on the 1 bets till i fully consume the 100 bet but i find my self raging bets at the middle of the game  . this happen if im loosing or if i got bored . if im sure with the play i will also increase my bets  but if not i wont decrease it . rest that you say are also essential in betting .

Just imagine if your bets for 100 bets, and you use a medium amount for let say, it's $1 for each bet.
If for that 100 bets, and you lose for 50-80 times, that will be a big loss for you.
But if that losing money is the money you can accept to lose, you can enjoy the games, even if the result makes you lose the money.
But I don't place the bets for about 100 bets because that can make my heart feel bad, especially I lose in more rounds.
I always tried to play less than $20 if I want to gamble because that will be enough for me to lose that amount, and sometimes, I still have at least $5-$9 in my account.
You can try to reduce or lower your bets and try to bet for 50 bets. Maybe it is hard for you, but that is worth trying because that can help you reduce your time in gambling.

[Janation]

I agree with all of it but I think deciding units would vary from people to people.

For me, what you've said is amazing, it is new knowledge from me but what I wanted to say is that I think that $1 per bet would be small for some even with a $100 at hand. Especially if they lose, they would tend to double their bet with that small primary bet. That being said, people should really stay calm and don't even think of chasing before that losses.

[ice098]

I think no one can teach anyone how to use their bankroll during gambling. Simply there is no idea about it because psychology plays a huge role during this process. I can set limit to myself but at the same time I can change the rules/plans anytime during my sessions if I feel to do so and there are a lot of people who feel that way because there are a lot of chemical reactions during sports betting too, it's an adrenaline rush and at some point euphoria when you win or are actively looking matches and are in process. These are the advice that everyone can think over.

None can teach them what to do but himself/herself only. What we have been talking here in this thread was only a sole experiences of each gambler and the mistakes that they've done and what they can suggest that we should do if we were going to gamble but it is all up to us if we were going to adopt it. We have our own tactics regarding gambling but one thing would always be in our thought, and it be a wise decision maker.

[xSkylarx]

This is one of the major topics that is never covered here (or maybe I haven't seen any such threads related to this).

Deciding Units
Never chase your losses
Calm mindset
Have an edge over yourself

Most gamblers don't have these traits that is why they just lose more money in gambling. Pro or those who we call experts in gambling only have those traits. I myself can admit I don't have those, it's not easy to develop those especially if your opponent is yourself. This is also the reason why casinos don't run bankrupt. Greed is present in most of us.

[bitterguy28]

This is one of the major topics that is never covered here (or maybe I haven't seen any such threads related to this).

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.

So this is best for single betting?and not for multi bets since security and safeties of us being gambler is at stake .

Good formula here.

Never chase your losses

Only asses chase losses! Haha, jk. But still, there's no need for you to go and double your bet every single time just to chase your total loss and get into profits. Trust me, if you eventually turn your gambling habits from being greedy to becoming a smart gambler, you will be in much better profits than just gambling it all away at once and chasing could be really dangerous for your bankroll's health.

I use to be like this for long time before,when i am so eager to win back each time a lose and in the end?i lose all my money before of this attitude.
things that i have changed and now trying to be responsible each time i gamble.

Calm mindset

There is no need to feel bad for your loss, even if you lose 1 unit, you still have 99 left, so 2 more wins and you are in profit. Don't go all in on one bet, instead place your bets in parts. Opportunities are available every single day in sports betting, but don't bet like a gambler, bet as a sports investor and apply the rule of "1 bet 1 unit" and I assure you that you'll become a much better gambler one day.

Actually if you are enjoying the game,there is no need to be calm specially if the momentum is in your side,but what we need is accurate mind.

[Debonaire217]

Most gamblers don't have these traits that is why they just lose more money in gambling. Pro or those who we call experts in gambling only have those traits. I myself can admit I don't have those, it's not easy to develop those especially if your opponent is yourself. This is also the reason why casinos don't run bankrupt. Greed is present in most of us.

Even us ourselves could be tempted to retrieve our losses in gambling. I have an experience when I lost quite big amount in trading, it makes me wanna trade more to recover my loss but big thanks to my friend who opened this topic to me. Having good discipline will enable us to limit our loss and to potentially help us with gains. We just need to control our emotions to be unnaffected and to accept that not everyday we are lucky.

[john_nautica]

This advice of yours can also be used in casino betting not just on sports betting and this is really good if it was become a habit from the start because in this way you would be able to control your addiction to gambling, control your emotion and handle your losses.

[DoublerHunter]

This advice of yours can also be used in casino betting not just on sports betting and this is really good if it was become a habit from the start because in this way you would be able to control your addiction to gambling, control your emotion and handle your losses.

^ But these tips are all basic and everyone is aware of it however, it remains to the bettors on how or if they will be able to apply it in their daily betting lives because it is a fact that every time we do betting at first we can handle it or manage it but as we go along we forgot our composure regardless if we lose or win but unconsciously eagerness can turn into greediness that made us blind of which and what strategy we need to apply. Nevertheless, it is really not funny to gamble if you look at gambling more seriously than those who take it as for entertainment besides we are all different, or probably we are but only at different rates.

[ethereumhunter]

This advice of yours can also be used in casino betting not just on sports betting and this is really good if it was become a habit from the start because in this way you would be able to control your addiction to gambling, control your emotion and handle your losses.

Controlling the emotion will work for you to handle the situations when everything becomes "hot" because if you are in high tensions, you will forget everything, and you want to chase your losses or make another winning. That is not good for all gamblers because if they don't have control over themselves, it is just a matter of time to see they will lose everything at the gambling table. We don't want to be like that so that we need to have control when we are playing gambling.

[plvbob0070]

Some gamblers often forget about bankroll management, especially when they become so greedy over something that's why instead of winning, they end up losing. But sometimes, I'm guilty that I also forgot to keep these tips when I'm already on the game. Sometimes I get more greedy and keep wanting to get back what I lost and of course, it's not a good habit. The more you keep chasing your losses, the more you won't be able to control your emotions. And it's good to see this kind of topic to remind us of how to properly manage our bankroll.

[iv4n]

This advice of yours can also be used in casino betting not just on sports betting and this is really good if it was become a habit from the start because in this way you would be able to control your addiction to gambling, control your emotion and handle your losses.

Agree, general tutorial about gambling. In the end, or the beginning, gambling is winning and losing, one can't win all the time or lose all the time, winning rate is what makes the difference between successful gambler and constant losers. To win more than you lose you need to adapt odds to your bankroll and base bet, you need to change strategy from time to time, to turn from passive to aggressive, or vice versa, you need to have fun and big balls to make some bets that will give you profit that can cover all loses. Don't be afraid to make a wrong bet, that happens, what's important is to have for another one! As long as you are playing you have chances.

[Fundamentals Of]

That's responsible betting at the minimum, betting with basics. I experienced betting for the sake of betting when I was new in gambling. Control was hardly something to think over. If there is a spare amount of money it could easily be spent gambling. Most often, it was just wasted. There was still fun of course but there was hardly any money from it.

With proper bankroll management and betting with basis, gambling could be both fun and profitable.

FTFY.
The most important part for a gambler is control over their addiction and their level of tilt towards gambling. If you just lean down too much whenever thought of gambling comes to your mind, you seriously need help quitting it or at least dropping that level to some extent.

Anyways, I have learned that you need to decide your units as well as keep it least against the ratio of your total bankroll in order to level up the variance - variance means when you are winning a bet but suddenly something happens that makes you lose it. So it's better to keep your unit size least in order to beat the variance twist.

That's what I mean. You don't just gamble for the sake of gambling. You place a bet because you know that the team you are betting on is probably going to win. You are not just betting because you are a fan of a particular team. You are betting because, according to your own analysis, a certain team will prevail over the other. If you don't have a basis for betting on a certain team, you better not touch your money and wait for a certain match where you have a clear prediction on which team will come out the winner.

[shoreno]

Limiting our betting amount is more important in bankroll management

thats why it is called like that .

so don't go with Martingale strategy which was never proved to be a worthy one to try since people tend to lose more when they follow such a strategy. When it comes to sport betting the odds really matters and there is no safe gameplay, whether we may earn more or les but the chances of losing remains the same in my opinion.

whats good with martin is that you start small but on normal bets you start with big amounts and you do bet with this amount consistently . that saps your bankroll faster . limiting on both betting style is possible by setting a stop on loss/win if auto bet or you cant click stop manually on your own . chance of loosing on sport betting can be change depending on the odds your playing . limiting bets or bankroll management is an example of safe play but safe play with 0 damage is not real

[FlightyPouch]

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.

I am fine with betting $1, to be honest, but the problem is that there are always those times that you can't stop yourself from betting higher. Even though you want to keep your bets lower, you just want to bet higher not just you can't control yourself but to try your luck and that usually derail us to minimal betting as it will lead to higher bets.

[ralle14]

So this is best for single betting?and not for multi bets since security and safeties of us being gambler is at stake .

It can be applied to both multi and singles the main point here is to control your bet size so you don't run out of funds after losing 10-20 bets in a row as a lot of people tend to increase their bet after a loss.

I am fine with betting $1, to be honest, but the problem is that there are always those times that you can't stop yourself from betting higher. Even though you want to keep your bets lower, you just want to bet higher not just you can't control yourself but to try your luck and that usually derail us to minimal betting as it will lead to higher bets.

If you can't stop from betting bigger amounts i'd suggest putting a max limit on your bets and try not to go over that limit. I also get carried away but having a limit of some sort helps you control that urge.

[traderethereum]

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.

I am fine with betting $1, to be honest, but the problem is that there are always those times that you can't stop yourself from betting higher. Even though you want to keep your bets lower, you just want to bet higher not just you can't control yourself but to try your luck and that usually derail us to minimal betting as it will lead to higher bets.

Yes, you are right, and I agree.
We will get those times to feel that our luck will come and give us the win that we want. I feel that too in the past, which makes me play longer and the result is losing more money.
If we can not control ourselves, yes, that will make us lose more money, so we really need self-control and always remember how long we can play gambling.
Besides that, maybe we don't need to place the bet in big money because once we do that and win, we will want to try again to get another luck.
If we forget about that, we will not take too long to see more losing that we will get because we can become greed to chase another winning, and that will be the time to lose more money.

[Beparanf]

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.

I am fine with betting $1, to be honest, but the problem is that there are always those times that you can't stop yourself from betting higher. Even though you want to keep your bets lower, you just want to bet higher not just you can't control yourself but to try your luck and that usually derail us to minimal betting as it will lead to higher bets.

Use autobet if you really want to control your emotion during gambling. Setup 100 roll with 1$ bet per roll and leave your computer once you click start. Just do things like watching TV or catch fresh air outside and start dreaming what you will do on your winnings. 

Actually people are just making things complicated like this bankroll management. The only key to enjoy proper gambling is deposit what you can afford to lose and never aim to win huge amount of money like your future depends on it. Gambling is not meant to give you a fortune, It's just a source of entertainment.

[Rodeo02]

I am fine with betting $1, to be honest, but the problem is that there are always those times that you can't stop yourself from betting higher. Even though you want to keep your bets lower, you just want to bet higher not just you can't control yourself but to try your luck and that usually derail us to minimal betting as it will lead to higher bets.

This is because you are expecting to be in the next roll you will be lucky to win it, this is only happens if the bettor have a lost strikes and want to get back all the lost in just one rolls by increasing the bet so you will win higher instead of having fixed bet.

[Questat]

I am fine with betting $1, to be honest, but the problem is that there are always those times that you can't stop yourself from betting higher. Even though you want to keep your bets lower, you just want to bet higher not just you can't control yourself but to try your luck and that usually derail us to minimal betting as it will lead to higher bets.

This is because you are expecting to be in the next roll you will be lucky to win it, this is only happens if the bettor have a lost strikes and want to get back all the lost in just one rolls by increasing the bet so you will win higher instead of having fixed bet.

Why are your using roll? This is not a dice game we are talking, it's a sports betting using a bankroll management, it's pretty much different from dice actually.

[yayayo]

Good tips and advice! This is pretty useful for new players who are planning to jump into gambling I think if they manage to practice it and becomes a habit I'm pretty sure they would be a responsible gambler I think even I should start practicing those and maybe some more to control myself in playing gambling.

ya.ya.yo!

[Janation]

I am fine with betting $1, to be honest, but the problem is that there are always those times that you can't stop yourself from betting higher. Even though you want to keep your bets lower, you just want to bet higher not just you can't control yourself but to try your luck and that usually derail us to minimal betting as it will lead to higher bets.

This is because you are expecting to be in the next roll you will be lucky to win it, this is only happens if the bettor have a lost strikes and want to get back all the lost in just one rolls by increasing the bet so you will win higher instead of having fixed bet.

This is far worse in dice, to be honest.

We are talking about sports betting so usually you could bet a small amount without a problem but there are those times that you could be overconfident and bet higher. In dice, I could say it is worse since you could easily see the result and that leads to betting higher and losing that money more quickly. If we will be talking about the auto bet, I don't think people would even enjoy that.

[Botnake]

I am fine with betting $1, to be honest, but the problem is that there are always those times that you can't stop yourself from betting higher. Even though you want to keep your bets lower, you just want to bet higher not just you can't control yourself but to try your luck and that usually derail us to minimal betting as it will lead to higher bets.

This is because you are expecting to be in the next roll you will be lucky to win it, this is only happens if the bettor have a lost strikes and want to get back all the lost in just one rolls by increasing the bet so you will win higher instead of having fixed bet.

This is far worse in dice, to be honest.

We are talking about sports betting so usually you could bet a small amount without a problem but there are those times that you could be overconfident and bet higher. In dice, I could say it is worse since you could easily see the result and that leads to betting higher and losing that money more quickly. If we will be talking about the auto bet, I don't think people would even enjoy that.

Dice is the best game if you want to get back your loses right away, however, we are only seeing the positive here, the negative part is if you chase you will lose everything. Bankroll management is not for short term, should be for long term and you have to understand that at a given day, you could also lose, and just continue betting and accept the nature that you will experience loses along the way, but what's important is you are still up in the end.

[FlightyPouch]

I am fine with betting $1, to be honest, but the problem is that there are always those times that you can't stop yourself from betting higher. Even though you want to keep your bets lower, you just want to bet higher not just you can't control yourself but to try your luck and that usually derail us to minimal betting as it will lead to higher bets.

If you can't stop from betting bigger amounts i'd suggest putting a max limit on your bets and try not to go over that limit. I also get carried away but having a limit of some sort helps you control that urge.

Yeah, that makes sense but I usually experience where there is this team that you are really supporting and you are so confident that they could win this game so you just go all-in on them and then they lose? Well, that happened to me with the recent NBA playoffs where Milwaukee Bucks lost in the playoffs thinking that they could win.

[Chikito]

Yeah, that makes sense but I usually experience where there is this team that you are really supporting and you are so confident that they could win this game so you just go all-in on them and then they lose? Well, that happened to me with the recent NBA playoffs where Milwaukee Bucks lost in the playoffs thinking that they could win.

Don't use emotion while betting. I mean, it doesn't need to bet into your favorite team. If the purpose to get money let's count it with real fact. I also think Antetokounmpo rarely exercises during a pandemic then his muscles going stiffen.

[Pamadar]

Yeah, that makes sense but I usually experience where there is this team that you are really supporting and you are so confident that they could win this game so you just go all-in on them and then they lose? Well, that happened to me with the recent NBA playoffs where Milwaukee Bucks lost in the playoffs thinking that they could win.

Don't use emotion while betting. I mean, it doesn't need to bet into your favorite team. If the purpose to get money let's count it with real fact. I also think Antetokounmpo rarely exercises during a pandemic then his muscles going stiffen.

Precisely. If you are really after the money then using emotion won't help you.

Betting with proper understanding and right sets of skills in finding the advantages from one team or players over the other, you'll be able to get something out from doing your research. Stats wise you should always refer your pick according to how things went out from your study it gives higher chances of winning if you stick with this pattern.

[FlightyPouch]

Yeah, that makes sense but I usually experience where there is this team that you are really supporting and you are so confident that they could win this game so you just go all-in on them and then they lose? Well, that happened to me with the recent NBA playoffs where Milwaukee Bucks lost in the playoffs thinking that they could win.

Don't use emotion while betting. I mean, it doesn't need to bet into your favorite team. If the purpose to get money let's count it with real fact. I also think Antetokounmpo rarely exercises during a pandemic then his muscles going stiffen.

Precisely. If you are really after the money then using emotion won't help you.

Betting with proper understanding and right sets of skills in finding the advantages from one team or players over the other, you'll be able to get something out from doing your research. Stats wise you should always refer your pick according to how things went out from your study it gives higher chances of winning if you stick with this pattern.

Well, that would be different if you are really rooting for a team or a player. I can't just put my bet to another team since they are the real reason I am actually doing that bet. It is true that I let my emotion run but I don't think I will bet if it is another two teams playing and I don't actually support them. I am after the money, that would be obvious and I thought betting it on one of the best teams of the regular season, that I also support would give me that.

[goinmerry]

Well, that would be different if you are really rooting for a team or a player. I can't just put my bet to another team since they are the real reason I am actually doing that bet. It is true that I let my emotion run but I don't think I will bet if it is another two teams playing and I don't actually support them.

I'm sometimes affected too at this betting with emotions especially if my favorite team is involved.

I will just go with the flow, bet on my favorite team because I want it disregarding how dominant their opponent is.

Generally, it's not that they always losing so still worth putting up a bet. I'm not that blind to just bet on my favorite team even they are weak if I see they don't have the ability to turn the table against a much stronger team.

[maydna]

I'm sometimes affected too at this betting with emotions especially if my favorite team is involved.

I will just go with the flow, bet on my favorite team because I want it disregarding how dominant their opponent is.

Generally, it's not that they always losing so still worth putting up a bet. I'm not that blind to just bet on my favorite team even they are weak if I see they don't have the ability to turn the table against a much stronger team.

When it comes to our favourite team, we can feel more emotions, and I feel that too. Going with the flow will not be a problem as long as we know that our favourite team have a chance to win. But if it's not, we shouldn't be placing bets to them because if they don't have a chance to win, we better watch them play.

I have experience betting to my favourite team, but the opponent can turn the situations that give benefits to them, and in the end, my favourite team are lost the game.

Knowing the money management is important to do, and it's not about which team that we will select to bets, but it's about how we manage our money in the sports betting. We want to minimize the losing money, and we don't bet if it does not give a chance to win to us.

[Maslate]

Knowing the money management is important to do, and it's not about which team that we will select to bets, but it's about how we manage our money in the sports betting. We want to minimize the losing money, and we don't bet if it does not give a chance to win to us.

Bankroll management is different from your process of selecting a team to bet, with proper bankroll management, even if you are so confident that a certain team will win, you won't put a lot of money because you follow the right bankroll management.

Let's say you are only allowed to bet $100 per bet, you should strictly follow that as what you need here is to be consistent in order to be profitable in the long run, and even how good you are, cold streak will happen in your career as a gambler.

[maydna]

~snip~

Bankroll management is different from your process of selecting a team to bet, with proper bankroll management, even if you are so confident that a certain team will win, you won't put a lot of money because you follow the right bankroll management.

Let's say you are only allowed to bet $100 per bet, you should strictly follow that as what you need here is to be consistent in order to be profitable in the long run, and even how good you are, cold streak will happen in your career as a gambler.

Thank you for explaining. Yes, consistently will not easy to apply. Many gamblers are drained their money once they see the chance to win, and make them bet more. In the beginning, they can follow the plan, but in the next betting, when it comes to their favorite team, and they see the chance to win, they will use more money.

That is what happens when I bet with my friends. Sometimes, we raise the bet amount because the position of both teams almost the same, and it's hard to predict which team that could win. It was exciting to feel that moment, but if we lose, only regret that we will felt.

[Questat]

It was exciting to feel that moment, but if we lose, only regret that we will felt.

This kind of feeling should be eliminated because it will affect your future decision.
When you put emotion in gambling, you'll never be consistent in the long run as eventually you will lose your focus.

Believe me, I've been there.

[Janation]

It was exciting to feel that moment, but if we lose, only regret that we will felt.

This kind of feeling should be eliminated because it will affect your future decision.
When you put emotion in gambling, you'll never be consistent in the long run as eventually you will lose your focus.

Believe me, I've been there.

I do support a team but I don't just let my emotion run free.

It is true that you are supporting a team but that doesn't mean that you can risk your money with them without doing any analysis or anything that could increase your chances of winning. We are talking about your money here, so you don't need to always just go with that team always, you need to use your head first before your heart as they said it.

[daarul50]

The question is how long can you survive to not tempted to gamble it all away?
I mean you maybe have 100 units and managed to make it 110 in the next week but time after time you look at your bankroll and it is a little bit different as the units dropped to 90 , the next week get another drop to 70 and at this point you will involving your anger to try staking a little bigger and at the end of the day you are busting everything.
This is the reality that most of us experienced. Dont we?

[BIN-BIN]

This is one of the major topics that is never covered here (or maybe I haven't seen any such threads related to this).

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.


Never chase your losses

Only asses chase losses! Haha, jk. But still, there's no need for you to go and double your bet every single time just to chase your total loss and get into profits. Trust me, if you eventually turn your gambling habits from being greedy to becoming a smart gambler, you will be in much better profits than just gambling it all away at once and chasing could be really dangerous for your bankroll's health.


Calm mindset

There is no need to feel bad for your loss, even if you lose 1 unit, you still have 99 left, so 2 more wins and you are in profit. Don't go all in on one bet, instead place your bets in parts. Opportunities are available every single day in sports betting, but don't bet like a gambler, bet as a sports investor and apply the rule of "1 bet 1 unit" and I assure you that you'll become a much better gambler one day.


Have an edge over yourself

It's not funny to gamble tbh, some people do it for fun but where's smartness in losing your money? Will you be called smart? No, right? It's better to only use and invest your bankroll in those games over which you have an edge. If you are sure about the game you are betting, then only use your 1 unit on that game, otherwise no need to gamble based on half (or 0) knowledge because we are talking about smart gambling and managing our bankroll. This assures that you have higher chances of winning over losing, and this edge will only help you gaining much more profits in the long run. If you don't know about a game, or yours is a few days ahead, just don't gamble and wait some days and let your expected game arrive.

Nice one you really explained most of the general rules for betting but you have not really touched the point that got my attention to this thread which is backroll I understood it perfectly but most beginners in gambling such as the newbies will need a deep explanation of the meaning of back roll before going further to how to place betting and managing your winning and losses.

[Questat]

It was exciting to feel that moment, but if we lose, only regret that we will felt.

This kind of feeling should be eliminated because it will affect your future decision.
When you put emotion in gambling, you'll never be consistent in the long run as eventually you will lose your focus.

Believe me, I've been there.

I do support a team but I don't just let my emotion run free.

It is true that you are supporting a team but that doesn't mean that you can risk your money with them without doing any analysis or anything that could increase your chances of winning. We are talking about your money here, so you don't need to always just go with that team always, you need to use your head first before your heart as they said it.

That's good to hear, your emotion is the one killing our plan, every gambler who knows how to analyze games makes his own analysis before putting his bet, he only got some trouble if he got caught up with his emotion while in the middle of the session. Maybe we can start trying on our own experiment, what we do is to gamble consistently and learn how and when to stop when we are in winning or losing situation.

[freedomgo]

The question is how long can you survive to not tempted to gamble it all away?
I mean you maybe have 100 units and managed to make it 110 in the next week but time after time you look at your bankroll and it is a little bit different as the units dropped to 90 , the next week get another drop to 70 and at this point you will involving your anger to try staking a little bigger and at the end of the day you are busting everything.
This is the reality that most of us experienced. Dont we?

You have to understand that it could happen, if you have 100 units and you are down like 30 units, you should still continue to do what you are doing as it doesn't mean you can't recover and you'll decide to double your bet so you can easily come bank.

Bankroll management means discipline and you follow the amount per stake you need to, if you can do that consistently, for sure you already pass one of the most important steps to be a successful gambler.

[madnessteat]

To learn how to properly manage a bankroll you need to do a huge amount of work on yourself and change the usual thinking that is built in the interaction with objects that cause positive and negative emotions...

The human body when receiving negative emotions defines a loss as a bad experience and tries to protect you from failures, including the central nervous system. Only by accepting that the loss is a quite normal outcome of the game a person becomes independent of his emotions and can properly manage the bankroll.

Not everyone can do it. Someone can never defeat the protective reflexes of their body.

[Pamadar]

It was exciting to feel that moment, but if we lose, only regret that we will felt.

This kind of feeling should be eliminated because it will affect your future decision.
When you put emotion in gambling, you'll never be consistent in the long run as eventually you will lose your focus.

Believe me, I've been there.

Agree to that, If you let your emotions then you'll keep trying to recover.

Or, that regrets will keep you holding back, it will affects your decision making from time to time. You have to let it go and forget about it if you really wanted to move forward. There are many games to come and keep assessing each sports that you wanted to bet along, do further research and keep focusing with your bankroll to lessen your chances of busting your money.

[Mauser]

The question is how long can you survive to not tempted to gamble it all away?
I mean you maybe have 100 units and managed to make it 110 in the next week but time after time you look at your bankroll and it is a little bit different as the units dropped to 90 , the next week get another drop to 70 and at this point you will involving your anger to try staking a little bigger and at the end of the day you are busting everything.
This is the reality that most of us experienced. Dont we?

You have to understand that it could happen, if you have 100 units and you are down like 30 units, you should still continue to do what you are doing as it doesn't mean you can't recover and you'll decide to double your bet so you can easily come bank.

Bankroll management means discipline and you follow the amount per stake you need to, if you can do that consistently, for sure you already pass one of the most important steps to be a successful gambler.

That is exactly the issue in my opinion. A bankroll management needs to be reactive towards our losses but we can't always say if our strategy is wrong. If we are down 30% of our bankroll in just a few days, it doesn't mean our strategy is wrong, but it could be the case. So I would want my bankroll management to kick in and force me to lower my bets.

In my opinion the bankroll should determine how much we betting each time. With a smaller bankroll we should also bet lower for a few games atleast until we recovered our losses. If we keep following the old bets we could go broke very fast. It would be best to always bet in relation to our total bankroll.

[carlfebz2]

It was exciting to feel that moment, but if we lose, only regret that we will felt.

This kind of feeling should be eliminated because it will affect your future decision.
When you put emotion in gambling, you'll never be consistent in the long run as eventually you will lose your focus.

Believe me, I've been there.

Agree to that, If you let your emotions then you'll keep trying to recover.

Or, that regrets will keep you holding back, it will affects your decision making from time to time. You have to let it go and forget about it if you really wanted to move forward. There are many games to come and keep assessing each sports that you wanted to bet along, do further research and keep focusing with your bankroll to lessen your chances of busting your money.

Easy to say but would really be hard to be followed on someones gambling activity yet human beings are too emotional but due to experience you would really able to control that and that matters on how
strong your discipline is.

We should really need to move on and dont look back into those loses and proceed on betting to those lines on where you do know that you do have the edge to win.
Good money or bankroll management would always have the benefits not to make yourself getting burned too fast.

Dont let your emotion control you or else you would really be having a problem not only on gambling means but even on basic or daily living decisions.

[chaser15]

In my opinion the bankroll should determine how much we betting each time. With a smaller bankroll we should also bet lower for a few games atleast until we recovered our losses.

Keeping in mind your previous loss will just make your strategy ineffective. Don't pressure yourself to recover those losses but instead, focus on the current ones. It's hard to bet when on your mind, you have a target of chasing your losses. You will not be comfortable with your future bets since you will think that what if you lose and how to recover it.

Stay calm and give your best shot at every bet without worrying you will lose.

[Saint-loup]

I think every gambler knew this deep inside, the problem it's very hard for them to always follow it, we keep saying to ourselves to not chase losses but in the end we decided to double our bets because we feel it, or some just wanted to, that's gambling is, and that's why it's hard to control too. I don't have any problem following this, but I don't have any problem breaking it too, as long as I can afford to lose my budget for the gambling session. Being calm will be easy if you can accept losses actually.

I agree with you. Don't chase your losses, is a rule for people who gamble to (try to) make money. But most of gamblers don't gamble to earn money, they gamble because they just like gambling. They even like to lose indeed, because gambling is not anymore gambling when you never lose.

[MCobian]

Every gamblers must have a way to manage bankroll well, which is a matter of how effective we are in managing bankroll.
Especially when we experience losses, of course there is a strong desire to pursue these losses and this can change the rules
we have made. The more experienced people in the world of gambling, they should be able to find a good formula for managing
a bankroll. Because one of the keys to success in gambling is how we manage the bankroll we have.

[FlightyPouch]

Well, that would be different if you are really rooting for a team or a player. I can't just put my bet to another team since they are the real reason I am actually doing that bet. It is true that I let my emotion run but I don't think I will bet if it is another two teams playing and I don't actually support them.

I'm sometimes affected too at this betting with emotions especially if my favorite team is involved.

I will just go with the flow, bet on my favorite team because I want it disregarding how dominant their opponent is.

Generally, it's not that they always losing so still worth putting up a bet. I'm not that blind to just bet on my favorite team even they are weak if I see they don't have the ability to turn the table against a much stronger team.

In my case, that team I usually support is that kind of team that is worthy to say that they are a safe pick in betting like for example I am betting on the Milwaukee Bucks in the regular season but then I lost a lot when they went to Orlando for the playoffs. Well, to be honest, I kind of regretting that I bet on them all the way but still, that didn't change my perspective on their team as one of the best this season.

[maydna]

~snip~

This kind of feeling should be eliminated because it will affect your future decision.
When you put emotion in gambling, you'll never be consistent in the long run as eventually you will lose your focus.

Believe me, I've been there.

I believe you because I've been there too. The feeling of excitement in the match will always be there, no matter we realize it or not. But we need to manage our emotions and don't let it ruin the excitement. When we gamble with our friends, losing or winning will not be a problem because after the match ends, we can have fun with other things. Sometimes, after the match, we go to a cafe, and the winner buys a lot of drinks and food to celebrate his winning. I miss that moment when we gather in one place after watching the match.

[Janation]

I do support a team but I don't just let my emotion run free.

It is true that you are supporting a team but that doesn't mean that you can risk your money with them without doing any analysis or anything that could increase your chances of winning. We are talking about your money here, so you don't need to always just go with that team always, you need to use your head first before your heart as they said it.

Maybe we can start trying on our own experiment, what we do is to gamble consistently and learn how and when to stop when we are in winning or losing situation.

To be honest, I can do that.

I am that kind of individual that is not really that attached to gambling but just do some bettings if I wanted to and stop if I also wanted. That is the reason why I am kind of confused about why other people are having a hard time stopping from wins or losses even if they really needed to stop. I guess we really have different environments that influenced us as we grow.

[South Park]

Money management skills are what separate successful gamblers and traders from those that are long term losers, lets suppose you have a way to make money with sports bets, well all of that does not matter if you bet half of your capital on each game as you only need two losses in a row to go bankrupt, but if you only bet 1% of your capital on each one of your bets the chances that you lose 100 times in a row are incredibly low, so even if you have a streak of bad luck you can always recover.

Nice analogy and actually true. You can extend the life of your $100 and even earn more if you know how to strategize your bets. But if you go big in your bets, losing all your money will be fast and easy. Also, in sports betting, it is better to stick with the sports that you are really familiar of. The more you know the sport, the higher the chance that you will bet right.

Money management is not attractive which is why most people overlook it but I would say that it is probably the most important part of any strategy, if you cannot manage your money properly then there is no method of earning money on sports bets that can be profitable for the long term, however if you have a good money management strategy even a decent strategy can be enough to make you money over the long term if you are really strict in the way you manage your money.

[Fredomago]

I do support a team but I don't just let my emotion run free.

It is true that you are supporting a team but that doesn't mean that you can risk your money with them without doing any analysis or anything that could increase your chances of winning. We are talking about your money here, so you don't need to always just go with that team always, you need to use your head first before your heart as they said it.

Maybe we can start trying on our own experiment, what we do is to gamble consistently and learn how and when to stop when we are in winning or losing situation.

To be honest, I can do that.

I am that kind of individual that is not really that attached to gambling but just do some bettings if I wanted to and stop if I also wanted. That is the reason why I am kind of confused about why other people are having a hard time stopping from wins or losses even if they really needed to stop. I guess we really have different environments that influenced us as we grow.

Well said, People do have differences and the environment around them also influenced their views in regards to this activities. There are some who just like you ho controlled their gambling engagement.

But their are also gamblers who fully attached who can't controlled things once they are already engaged, even so, self will and that's the very hard part when your attachment is already deep.

It's good for those who can managed it while bad for those who are still unable to control
as they will continue to lose until they figured it out how to properly manage it.

[hahay]

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.

That's fine to implement and I've implemented them too, but what about the odds to consider?
I have tried this formula in the past but still, if I only place low odds then it will only be a waste of time and even a bigger loss and vice versa, if I place bigger odds it might be bad luck in myself. so nothing really works out well. Maybe you guys have a better luck rate than me, so applying a formula like this will still make you profitable and comfortable doing it.

Have an edge over yourself

It's not funny to gamble tbh, some people do it for fun but where's smartness in losing your money? Will you be called smart? No, right? It's better to only use and invest your bankroll in those games over which you have an edge. If you are sure about the game you are betting, then only use your 1 unit on that game, otherwise no need to gamble based on half (or 0) knowledge because we are talking about smart gambling and managing our bankroll. This assures that you have higher chances of winning over losing, and this edge will only help you gaining much more profits in the long run. If you don't know about a game, or yours is a few days ahead, just don't gamble and wait some days and let your expected game arrive.

Unfortunately it's not like that, I bet several times on the team that is sure to win on paper but the result actually loses. If you bet on a team that is believed to be winning it can be a blunder in sports betting, because with you overconfidence it will make you make a bigger bet. In sports gambling or any gambling it cannot be like this or easy to imagine and say, because in practice it is very difficult because there is a luck factor that determines an outcome.

[kryptqnick]

This is one of the major topics that is never covered here (or maybe I haven't seen any such threads related to this).

Deciding Units

I have seen many people getting confused about units and how to set it. Well, I've got a simple formulae here - just divide your bankroll by 100 and you'll get your 1 unit cost. Means, if you have $100, you should bet no more than $1 per bet doesn't matter you win or lose. This will give you 100 bets in total with 100 units available to play with.


Never chase your losses

Only asses chase losses! Haha, jk. But still, there's no need for you to go and double your bet every single time just to chase your total loss and get into profits. Trust me, if you eventually turn your gambling habits from being greedy to becoming a smart gambler, you will be in much better profits than just gambling it all away at once and chasing could be really dangerous for your bankroll's health.


Calm mindset

There is no need to feel bad for your loss, even if you lose 1 unit, you still have 99 left, so 2 more wins and you are in profit. Don't go all in on one bet, instead place your bets in parts. Opportunities are available every single day in sports betting, but don't bet like a gambler, bet as a sports investor and apply the rule of "1 bet 1 unit" and I assure you that you'll become a much better gambler one day.


Have an edge over yourself

It's not funny to gamble tbh, some people do it for fun but where's smartness in losing your money? Will you be called smart? No, right? It's better to only use and invest your bankroll in those games over which you have an edge. If you are sure about the game you are betting, then only use your 1 unit on that game, otherwise no need to gamble based on half (or 0) knowledge because we are talking about smart gambling and managing our bankroll. This assures that you have higher chances of winning over losing, and this edge will only help you gaining much more profits in the long run. If you don't know about a game, or yours is a few days ahead, just don't gamble and wait some days and let your expected game arrive.

100th of the total bankroll as a bet might not work for everyone. For instance, I don't have a monthly sum to spend on gambling or something like that, and I don't hold significant sums in my casino wallets. When there's something interesting going on and I want to place a bet, I deposit some money and spend it over a relatively short period of time on a few bets, and that's it. It doesn't lead to uncontrollable spending, and I've never lost too much, so it works fine for me.
And regarding the last point, I think it's smart to gamble for fun because paying for entertainment is normal. If one wants to earn money, one should find a job. Most people who are determined to win from gambling turn out to be losing. And if gambling is entertainment, a person can choose to gamble blindly or to do research, whatever works better to satisfy one's needs. As for not chasing losses and being calm, I agree with that.

[bonjouros]

What is very difficult in all of what you have posted here is to never chase your losses, what I notice to most of the gamblers either they are new or old gamblers is that they became hot after they are lossing and they will not stop until they cannot recover their losses.

And they end up lossing all their money in the end as there are very few only who were able to recover their losses in this kind of situation. A calm mindset is very important in order to avoid those kind of happenings but sometimes we forget this once we are already losing our money in the midst of our gambling session.

[Danslip]

Looks near to the perfect on paperwork or for making a master thesis but let's accept the reality and move on with it. The idea of gambling is not only having fun, entertainment, and checking Youtube streamers is more fun for me. The main idea is to increase the bankroll and run fast from the casino. If the only idea is to have fun, then either the money is no a problem or he really likes adrenaline on gambling. Otherwise, demo play is enough for reaching the same "fun level".  Just my 2 cents.

[Stedsm]

Looks near to the perfect on paperwork or for making a master thesis but let's accept the reality and move on with it. The idea of gambling is not only having fun, entertainment, and checking Youtube streamers is more fun for me. The main idea is to increase the bankroll and run fast from the casino. If the only idea is to have fun, then either the money is no a problem or he really likes adrenaline on gambling. Otherwise, demo play is enough for reaching the same "fun level".  Just my 2 cents.

That's true, but I neither said nor meant anything about playing for fun (I mean virtual money) as I've been talking about the real ones. You can't just deny the fact people mostly say they do it for fun (here, it literally means fun but with real money), but when they lose, they just cry and shout louder and sometimes, even blame the website for the same. I mean, what did the website do in that sports game? If the game does not turn out to be in your favor, why don't you accept it?

On a second note, running away fast from sportsbetting website is not needed, but stopping where you don't know if you should bet or not - matters a lot.

[doomloop]

What is very difficult in all of what you have posted here is to never chase your losses, what I notice to most of the gamblers either they are new or old gamblers is that they became hot after they are lossing and they will not stop until they cannot recover their losses.

That is because they are betting too big to be relaxed within their mind. Imagine if you have a balance of 1 bitcoin and you are betting 0.0001 BTC on sports would you be tempted at all chasing the loss? Never! That is because you know you have enough in the balance and you can bet tomorrow. Now similar instance when you have 0.01 BTC balance and you lose 0.005 in some sports bets now you would be so hyper and tensed that you will without even realizing lose the remaining balance in chasing those loses.

Limiting your betting amounts can help control chasing of the loses because when you are chasing loses that means you either bet too big or you cannot accept loses in life which is a terrible behavior. It is actually familiar to how some traders will sell their coins at cheap prices to avoid absolute loss while some will stay arrogant and lose everything just in hope to recover it all.

[Lanatsa]

What is very difficult in all of what you have posted here is to never chase your losses, what I notice to most of the gamblers either they are new or old gamblers is that they became hot after they are lossing and they will not stop until they cannot recover their losses.

That is because they are betting too big to be relaxed within their mind. Imagine if you have a balance of 1 bitcoin and you are betting 0.0001 BTC on sports would you be tempted at all chasing the loss? Never! That is because you know you have enough in the balance and you can bet tomorrow. Now similar instance when you have 0.01 BTC balance and you lose 0.005 in some sports bets now you would be so hyper and tensed that you will without even realizing lose the remaining balance in chasing those loses.

Limiting your betting amounts can help control chasing of the loses because when you are chasing loses that means you either bet too big or you cannot accept loses in life which is a terrible behavior. It is actually familiar to how some traders will sell their coins at cheap prices to avoid absolute loss while some will stay arrogant and lose everything just in hope to recover it all.

You would really have that problem If you cant able to control up your mind and emotion.One of the hardest thing to be done is on how to control up your motives and emotions

because if you do have that kind of mindset where you do always like to chase up losses then theres no doubt that you would really have that all-in bet kind of behavior which

is totally going outside on the scope of good bankroll management.If you do like to sustain then you should know how to handle up your funds and make yourself last without
busting all of your capital in a short span of time.

[wiss19]

~snip~

This kind of feeling should be eliminated because it will affect your future decision.
When you put emotion in gambling, you'll never be consistent in the long run as eventually you will lose your focus.

Believe me, I've been there.

I believe you because I've been there too. The feeling of excitement in the match will always be there, no matter we realize it or not. But we need to manage our emotions and don't let it ruin the excitement. When we gamble with our friends, losing or winning will not be a problem because after the match ends, we can have fun with other things. Sometimes, after the match, we go to a cafe, and the winner buys a lot of drinks and food to celebrate his winning. I miss that moment when we gather in one place after watching the match.

That is why sometimes people consider online gambling to be more addictive as compared to gambling among friends and even at a local bookie because the process of placing those bets is tiring and you don't get stuck in just betting. While online betting is so easy and there is just a click to make bets and you forget to enjoy the process unconsciously and start caring about wins and loses and the results.

I used to enjoy soccer a lot but I realized when I bet a lot I stop enjoying and just was concerned with the result which was not a healthy habit so I started to lower my bet to smaller amounts such that I can enjoy the match and the bet is only an additional element not the only reason to watch the games.

[Mauser]

Looks near to the perfect on paperwork or for making a master thesis but let's accept the reality and move on with it. The idea of gambling is not only having fun, entertainment, and checking Youtube streamers is more fun for me. The main idea is to increase the bankroll and run fast from the casino. If the only idea is to have fun, then either the money is no a problem or he really likes adrenaline on gambling. Otherwise, demo play is enough for reaching the same "fun level".  Just my 2 cents.

I agree with you, the idea of gambling and betting is that it can be fun when we are winning and it provides a nice adrenaline rush to check results and see if we have won. But losing a large sum of money can be very frustrating and depressing, at least for me. That is why bankroll management is so important in my opinion. We need to restrain our self to not bet larger than we can actually afford. A good bankroll management is in place to protect us from going bankrupt.

[South Park]

What is very difficult in all of what you have posted here is to never chase your losses, what I notice to most of the gamblers either they are new or old gamblers is that they became hot after they are lossing and they will not stop until they cannot recover their losses.

That is because they are betting too big to be relaxed within their mind. Imagine if you have a balance of 1 bitcoin and you are betting 0.0001 BTC on sports would you be tempted at all chasing the loss? Never! That is because you know you have enough in the balance and you can bet tomorrow. Now similar instance when you have 0.01 BTC balance and you lose 0.005 in some sports bets now you would be so hyper and tensed that you will without even realizing lose the remaining balance in chasing those loses.

Limiting your betting amounts can help control chasing of the loses because when you are chasing loses that means you either bet too big or you cannot accept loses in life which is a terrible behavior. It is actually familiar to how some traders will sell their coins at cheap prices to avoid absolute loss while some will stay arrogant and lose everything just in hope to recover it all.

This is why the size of your bets needs to be very small, because in the case your bet size is too high and then you lose a bet that you thought was already won at the last second of a match in the case you were making a sports bet then you are going to feel cheated and you will want to get that money back, and as we know the moment you get those feelings that is when the casino has you since you are likely to make a reckless bet and lose all your money because of it.

[dunfida]

What is very difficult in all of what you have posted here is to never chase your losses, what I notice to most of the gamblers either they are new or old gamblers is that they became hot after they are lossing and they will not stop until they cannot recover their losses.

That is because they are betting too big to be relaxed within their mind. Imagine if you have a balance of 1 bitcoin and you are betting 0.0001 BTC on sports would you be tempted at all chasing the loss? Never! That is because you know you have enough in the balance and you can bet tomorrow. Now similar instance when you have 0.01 BTC balance and you lose 0.005 in some sports bets now you would be so hyper and tensed that you will without even realizing lose the remaining balance in chasing those loses.

Limiting your betting amounts can help control chasing of the loses because when you are chasing loses that means you either bet too big or you cannot accept loses in life which is a terrible behavior. It is actually familiar to how some traders will sell their coins at cheap prices to avoid absolute loss while some will stay arrogant and lose everything just in hope to recover it all.

This is why the size of your bets needs to be very small, because in the case your bet size is too high and then you lose a bet that you thought was already won at the last second of a match in the case you were making a sports bet then you are going to feel cheated and you will want to get that money back, and as we know the moment you get those feelings that is when the casino has you since you are likely to make a reckless bet and lose all your money because of it.

You would surely go all in because you do let your emotion control you and the anger you've felt and ive been on that situation for several times already based on experience
where you do believe that certain bet is winning and suddenly the situation turns upside down which in result into a loss then that will create some frustration and if you arent
really good on handling out your emotion then you will end up on this expected outcome.Lucky if you do able to win the next bet but if not then you have just totally bust up
your entire bankroll which it isnt part of good bankroll management. Always control your temper since this is one of they factors can messed out your plan.

[jostorres]

Looks near to the perfect on paperwork or for making a master thesis but let's accept the reality and move on with it. The idea of gambling is not only having fun, entertainment, and checking Youtube streamers is more fun for me. The main idea is to increase the bankroll and run fast from the casino. If the only idea is to have fun, then either the money is no a problem or he really likes adrenaline on gambling. Otherwise, demo play is enough for reaching the same "fun level".  Just my 2 cents.

I agree and I like the point which says "Calm mindset" because at times you have a big amount to play but a small loss can put you off and force you to make rushed bets which is something one must never do. I myself get loses and feel angry at times and make some random bets and making random bets is worst idea because the house edge is so big that it is better to roll dice than to make random sports bets.

Not many people understand that if you lose 1 unit and have 99 units left then you actually have lost basically nothing but once you start losing your temper and make rushed bets that will ensure that soon the 99 units is the loss and the 1 unit will be remaining, such is the nature of sports betting. E-sports can be very tricky because games like CSGO can flip outcome in moments and people feel raged and lose even more.

[Lordhermes]

Absolutely, gambling is a kind of fun in everyday life, expecting to build a mansion out of this is a bad idea which can never be achieved at any given point in time. Since I have accepted the fact that placing bets is a fun, then I proceed with the idea of staking with the amount I can afford to loss, this is the major factor to overcome before you can perfectly manage your bankrolls perfectly.

[STT]

Not many people are going to be building mansions off the profit unless they put down a multi and dont touch it and just get super lucky one time.      I was just thinking the other day how money management is relevant to success of almost anything in that you have to know when to bank the gains and when its a reasonable risk vs the odds, otherwise its just chaotic or blind luck like I mentioned.

E-sports can be very tricky because games like CSGO can flip outcome in moments

I do agree on that but I'm always looking for the team which can get backed into a corner and come out to turn it around, there have been teams which do the opposite and often nearly win then fall apart in a lack of momentum which snowballs into a free fall during the game somehow.    Quality counts definitely in esports which might surprise some..

[suzanne5223]

Absolutely, gambling is a kind of fun in everyday life, expecting to build a mansion out of this is a bad idea which can never be achieved at any given point in time. Since I have accepted the fact that placing bets is a fun, then I proceed with the idea of staking with the amount I can afford to loss, this is the major factor to overcome before you can perfectly manage your bankrolls perfectly.

Have good expectations about gambling is never bad impression cause whatever man say to the world, it will reflect back to me and good expectations can be use as an energy to sparkles the game. With that been said, we dont need to lie to ourselves about gamblng with the amount ones can afford to lose because it will still hurt that we lost the fund instead of winning the game.

[slaman29]

Not many people are going to be building mansions off the profit unless they put down a multi and dont touch it and just get super lucky one time.      I was just thinking the other day how money management is relevant to success of almost anything in that you have to know when to bank the gains and when its a reasonable risk vs the odds, otherwise its just chaotic or blind luck like I mentioned.

I'll never see gambling as wealth management or bankroll management. I deposit and I just know this is the max I can lose, I try not to lose it, and that's it. If I get more money, I put it again into gambling knowing I can and probably will lose it.

My wealth I want to save and manage on the other hand, that's never going into gambling!

Have good expectations about gambling is never bad impression cause whatever man say to the world, it will reflect back to me and good expectations can be use as an energy to sparkles the game. With that been said, we dont need to lie to ourselves about gamblng with the amount ones can afford to lose because it will still hurt that we lost the fund instead of winning the game.

Sometimes I get a really good laugh from all these thoughts, not making fun of anyone but I think we really need a chill pill in gambling and understand that everyone's got a way to enjoy themselves. Bringing sparkles to the game though, that's a new one;)

[Questat]

In theory, sounds perfect! Now it is time back to face with reality, the gambling mindset is totally different than what we think we will do. Many gamblers look for easy and fast money by betting on random events, so the final outcome is against their winning chance with a 0-1 score. Chasing losses is the shortcut to limit the more losses and saving time, otherwise, the gambler is supposed to keep playing a few more days in order to go back to the start point.

That's also what im thinking, in reality no matter how much you budget your bankroll. In some situations are just are tilting and after some exhaustion of losing streak. It might be hard to stick to the plan to bet minimum amounts not exceeding your limit. There are times when you get to emotional and chase losses in the end.

It's hard but it's not impossible, therefore if you make mistakes, just learn from it until you master the right bankroll management. All these factors are important for your success, just imagine you are doing a business or investment where you can't make bad mistakes or else you'll go bankrupt.

[suzanne5223]

Not many people are going to be building mansions off the profit unless they put down a multi and dont touch it and just get super lucky one time.      I was just thinking the other day how money management is relevant to success of almost anything in that you have to know when to bank the gains and when its a reasonable risk vs the odds, otherwise its just chaotic or blind luck like I mentioned.

I'll never see gambling as wealth management or bankroll management. I deposit and I just know this is the max I can lose, I try not to lose it, and that's it. If I get more money, I put it again into gambling knowing I can and probably will lose it.

My wealth I want to save and manage on the other hand, that's never going into gambling!

It stunning you totally understand the concept of gambling but having the that you will probably lost your stake despite the chance of winning a single game will somehow hinder you from putting your best and setting a unit of all the bankroll will make you bet for a long term and also reduce losses.

Have good expectations about gambling is never bad impression cause whatever man say to the world, it will reflect back to me and good expectations can be use as an energy to sparkles the game. With that been said, we dont need to lie to ourselves about gamblng with the amount ones can afford to lose because it will still hurt that we lost the fund instead of winning the game.

Sometimes I get a really good laugh from all these thoughts, not making fun of anyone but I think we really need a chill pill in gambling and understand that everyone's got a way to enjoy themselves. Bringing sparkles to the game though, that's a new one;)

Like you said everyone got a way to enjoy the game so the addition of good expectations and setting a unit will sparked the enjoyment.

[safari88]

In theory, sounds perfect! Now it is time back to face with reality, the gambling mindset is totally different than what we think we will do. Many gamblers look for easy and fast money by betting on random events, so the final outcome is against their winning chance with a 0-1 score. Chasing losses is the shortcut to limit the more losses and saving time, otherwise, the gambler is supposed to keep playing a few more days in order to go back to the start point.

you have a point here i really think it's really hard to recover especially if you have at least 2 consecutive losses. in order for you to recover from it and take profit from it you should really have to increase your bet so in other words you are using a martingale strategy so once you at least one winning you would be able to get profit from it.

[Botnake]

In theory, sounds perfect! Now it is time back to face with reality, the gambling mindset is totally different than what we think we will do. Many gamblers look for easy and fast money by betting on random events, so the final outcome is against their winning chance with a 0-1 score. Chasing losses is the shortcut to limit the more losses and saving time, otherwise, the gambler is supposed to keep playing a few more days in order to go back to the start point.

you have a point here i really think it's really hard to recover especially if you have at least 2 consecutive losses. in order for you to recover from it and take profit from it you should really have to increase your bet so in other words you are using a martingale strategy so once you at least one winning you would be able to get profit from it.

Remained discipline and you'll be able to recover if you will learn from your mistake.

Winning and losing 10 in a row is possible in gambling, so 2 losses is not hard enough to get back in a positive track.

Your bankroll management is required and should be followed at all times to ensure you will last longer in sports betting, without the discipline, you will not succeed even if you have to start with a decent bankroll.

[erikoy]

Remained discipline and you'll be able to recover if you will learn from your mistake.

Winning and losing 10 in a row is possible in gambling, so 2 losses is not hard enough to get back in a positive track.

Your bankroll management is required and should be followed at all times to ensure you will last longer in sports betting, without the discipline, you will not succeed even if you have to start with a decent bankroll.

I think discipline will not work when your mindset is to recover. There is only a slight chance to recover losses and that mindset of getting recover losses is a bad idea. In most ways a good discipline is all about hoe you bet. If you lose accept that you lose and never count it for it will only add motivation for you to play more in addition to your mindset of recovering losses. So, a better gambling discipline is to get fun and excitement and do not let gambling activities compromise your priority.

[tippytoes]

Remained discipline and you'll be able to recover if you will learn from your mistake.

Winning and losing 10 in a row is possible in gambling, so 2 losses is not hard enough to get back in a positive track.

Your bankroll management is required and should be followed at all times to ensure you will last longer in sports betting, without the discipline, you will not succeed even if you have to start with a decent bankroll.

I think discipline will not work when your mindset is to recover. There is only a slight chance to recover losses and that mindset of getting recover losses is a bad idea. In most ways a good discipline is all about hoe you bet. If you lose accept that you lose and never count it for it will only add motivation for you to play more in addition to your mindset of recovering losses. So, a better gambling discipline is to get fun and excitement and do not let gambling activities compromise your priority.

Usually, it is hard to control yourself when you are in front of the table or your screen playing your game. So if you do really want to enjoy the game and just have fun, allot a specific amount for that game and consider that win or lose, you have no regrets using that money. And just stop playing, once you lost it all. And decide again, if you can afford to put more money to continue your game. It is your decision how you play on this situation. But remember, whatever your decision will be, you should not regret afterwards.

[dunfida]

Remained discipline and you'll be able to recover if you will learn from your mistake.

Winning and losing 10 in a row is possible in gambling, so 2 losses is not hard enough to get back in a positive track.

Your bankroll management is required and should be followed at all times to ensure you will last longer in sports betting, without the discipline, you will not succeed even if you have to start with a decent bankroll.

I think discipline will not work when your mindset is to recover. There is only a slight chance to recover losses and that mindset of getting recover losses is a bad idea. In most ways a good discipline is all about hoe you bet. If you lose accept that you lose and never count it for it will only add motivation for you to play more in addition to your mindset of recovering losses. So, a better gambling discipline is to get fun and excitement and do not let gambling activities compromise your priority.

Usually, it is hard to control yourself when you are in front of the table or your screen playing your game. So if you do really want to enjoy the game and just have fun, allot a specific amount for that game and consider that win or lose, you have no regrets using that money. And just stop playing, once you lost it all. And decide again, if you can afford to put more money to continue your game. It is your decision how you play on this situation. But remember, whatever your decision will be, you should not regret afterwards.

Easy to say that you shouldnt regret but most of the time where people do really feel this emotion when they had lost in gambling.Some might really be accepting their fate but
most of the time where players do regret and whine when they lost on a particular bet.Its been said that we should only gamble on the amount that we can afford to lose but
majority is been neglecting even into this very basic thing.Bankroll management is important because this is the same when you do handle out your investment in real life.
If there would be no plans and reckless actions then expect on what would happen.

[harizen]

Remained discipline and you'll be able to recover if you will learn from your mistake.

Remained discipline but not with the purpose to be able to recover but to focus more on your strategy next bet.

The key here is to put all our best in each of the bets. Having a mindset that we need to recover those losses will just wreck and destroy our focus since we will be under pressure.

Once successfully maintain our winning stats, we will eventually feel that somehow we are not losing much compare before that you are aggressive to chase the losses.

[slapper]

Remained discipline and you'll be able to recover if you will learn from your mistake.

Remained discipline but not with the purpose to be able to recover but to focus more on your strategy next bet.

The key here is to put all our best in each of the bets. Having a mindset that we need to recover those losses will just wreck and destroy our focus since we will be under pressure.

Once successfully maintain our winning stats, we will eventually feel that somehow we are not losing much compare before that you are aggressive to chase the losses.

Totally agree with your points. Never ever try to recover your loss. Loss is loss and you need to focus on your next bet. If you ever have thought of recovering loss, your mind absolutely is distracted and it will definitely much harder to focus on your next bet

However, personally, being disciplined is extremely hard. Experience and a lot of time are needed. You cant be a consistent winner in just a week or a month. But don't be disappointed. Trust yourself. The more efforts you have, the more successful your will. And one day will be astonished to know that these rules can be applied in trading.

[romero121]

When you go with sports betting you'll never stop if something goes out of the expectation. I had a personal experience, I used to bet on tennis matches played by popular players. If the match gives me a loss further I go with different tennis matches, even on leagues that I haven't heard of in the past.

We can say should not try to chase the loss, at times it won't be possible with gamblers. Same time calming the mind taking a break and gambling further could help in recovering the loss.

[Maslate]

We can say should not try to chase the loss, at times it won't be possible with gamblers. Same time calming the mind taking a break and gambling further could help in recovering the loss.

This is true, me as a gambler who have a lot of bad losing experience, I can say that we have to take a break so that heat inside will just subside. When we are too aggressive, that results to busting our bankroll, we sometimes get challenge when we have a bad streak but in reality it could really happen to anyone even the skillful gamblers in the world, but maintaining your composure, stay calm and keep the game plan at play, this is what we should do. 

[South Park]

This is why the size of your bets needs to be very small, because in the case your bet size is too high and then you lose a bet that you thought was already won at the last second of a match in the case you were making a sports bet then you are going to feel cheated and you will want to get that money back, and as we know the moment you get those feelings that is when the casino has you since you are likely to make a reckless bet and lose all your money because of it.

You would surely go all in because you do let your emotion control you and the anger you've felt and ive been on that situation for several times already based on experience
where you do believe that certain bet is winning and suddenly the situation turns upside down which in result into a loss then that will create some frustration and if you arent
really good on handling out your emotion then you will end up on this expected outcome.Lucky if you do able to win the next bet but if not then you have just totally bust up
your entire bankroll which it isnt part of good bankroll management. Always control your temper since this is one of they factors can messed out your plan.

This is why bankroll management is really important, not only saves you money it also gives you peace of mind, if you happen to lose a bet but the bet that you made was really small then it doesn't matter, you're not going to be emotionally affected by losing that bet, you're going to keep your cool and you will be able to analyze the next match without any kind of bias which will give you a better opportunity to eventually get your money back, but if you make a big bet then you are going to be influenced by the bad the results that you got and this is going to affect your analysis of the next match and most likely you will lose even more money.

[TimeTeller]

We can say should not try to chase the loss, at times it won't be possible with gamblers. Same time calming the mind taking a break and gambling further could help in recovering the loss.

This is true, me as a gambler who have a lot of bad losing experience, I can say that we have to take a break so that heat inside will just subside. When we are too aggressive, that results to busting our bankroll, we sometimes get challenge when we have a bad streak but in reality it could really happen to anyone even the skillful gamblers in the world, but maintaining your composure, stay calm and keep the game plan at play, this is what we should do. 

Having a loss limit and leaving the website with this loss is always a smarter choice but we leave the logic behind after typing the address of the casino. The emotions are the biggest enemy of bankroll, there is no way to prevent the loss if something doesn't let the gambler to leave the website after a losing streak.

It is with your heavy heart that you will leave the site in loss.
But I guess, it is better to leave while you are still in control with yourself.
Because if not, you may have decisions that you will regret afterwards like spending more money hoping to recover your losses.
But will end up, losing again. So yes, better call it a day if you already met your limits.

[Ziskinberg]

We can say should not try to chase the loss, at times it won't be possible with gamblers. Same time calming the mind taking a break and gambling further could help in recovering the loss.

This is true, me as a gambler who have a lot of bad losing experience, I can say that we have to take a break so that heat inside will just subside. When we are too aggressive, that results to busting our bankroll, we sometimes get challenge when we have a bad streak but in reality it could really happen to anyone even the skillful gamblers in the world, but maintaining your composure, stay calm and keep the game plan at play, this is what we should do.  

Having a loss limit and leaving the website with this loss is always a smarter choice but we leave the logic behind after typing the address of the casino. The emotions are the biggest enemy of bankroll, there is no way to prevent the loss if something doesn't let the gambler to leave the website after a losing streak.

It is with your heavy heart that you will leave the site in loss.
But I guess, it is better to leave while you are still in control with yourself.
Because if not, you may have decisions that you will regret afterwards like spending more money hoping to recover your losses.
But will end up, losing again. So yes, better call it a day if you already met your limits.

I hope we can master it, we lose now it's okay because there's still another day, gambling is just about winning and losing, so we should not be surprise of losing and we need to make sure we are ready to accept it no matter what. It does not give a good feeling when you lose but that is the reality that you have to accept as a gambler. The goal is to win more than you lose, so losing is already there, you just have to exceed it with winning.

[South Park]

We can say should not try to chase the loss, at times it won't be possible with gamblers. Same time calming the mind taking a break and gambling further could help in recovering the loss.

This is true, me as a gambler who have a lot of bad losing experience, I can say that we have to take a break so that heat inside will just subside. When we are too aggressive, that results to busting our bankroll, we sometimes get challenge when we have a bad streak but in reality it could really happen to anyone even the skillful gamblers in the world, but maintaining your composure, stay calm and keep the game plan at play, this is what we should do.  

Having a loss limit and leaving the website with this loss is always a smarter choice but we leave the logic behind after typing the address of the casino. The emotions are the biggest enemy of bankroll, there is no way to prevent the loss if something doesn't let the gambler to leave the website after a losing streak. Each loss streak is not replaced by the win streak and believing the false suggestion can lead to a totally lost bankroll or even bankruptcy which is the last station of any gambler. The gambler has to be a responsible person, otherwise, the loss is inevitable in all cases, from my own gambling experience.

This is yet another reason why people find difficult to implement their money management skills, mastery of their emotions is required something in which people are very bad, it doesn't matter if you know the techniques to reduce your exposure to the casino if when the time comes you ignore those rules and you let your emotions get the best out of you, people need to learn how to control their emotions and if they cannot do that then they can say goodbye to any chances that they had to become successful gamblers.

[Maslate]

We can say should not try to chase the loss, at times it won't be possible with gamblers. Same time calming the mind taking a break and gambling further could help in recovering the loss.

This is true, me as a gambler who have a lot of bad losing experience, I can say that we have to take a break so that heat inside will just subside. When we are too aggressive, that results to busting our bankroll, we sometimes get challenge when we have a bad streak but in reality it could really happen to anyone even the skillful gamblers in the world, but maintaining your composure, stay calm and keep the game plan at play, this is what we should do.  

Having a loss limit and leaving the website with this loss is always a smarter choice but we leave the logic behind after typing the address of the casino. The emotions are the biggest enemy of bankroll, there is no way to prevent the loss if something doesn't let the gambler to leave the website after a losing streak. Each loss streak is not replaced by the win streak and believing the false suggestion can lead to a totally lost bankroll or even bankruptcy which is the last station of any gambler. The gambler has to be a responsible person, otherwise, the loss is inevitable in all cases, from my own gambling experience.

This is the kind of discipline we need, we have to be in command of stopping ourselves anytime we need to, regardless of what situation we are, may it be in winning or losing situation, consider treating it as you are in a mission and that strategy has to be properly put in place.

[Fatunad]

We can say should not try to chase the loss, at times it won't be possible with gamblers. Same time calming the mind taking a break and gambling further could help in recovering the loss.

This is true, me as a gambler who have a lot of bad losing experience, I can say that we have to take a break so that heat inside will just subside. When we are too aggressive, that results to busting our bankroll, we sometimes get challenge when we have a bad streak but in reality it could really happen to anyone even the skillful gamblers in the world, but maintaining your composure, stay calm and keep the game plan at play, this is what we should do.  

Having a loss limit and leaving the website with this loss is always a smarter choice but we leave the logic behind after typing the address of the casino. The emotions are the biggest enemy of bankroll, there is no way to prevent the loss if something doesn't let the gambler to leave the website after a losing streak. Each loss streak is not replaced by the win streak and believing the false suggestion can lead to a totally lost bankroll or even bankruptcy which is the last station of any gambler. The gambler has to be a responsible person, otherwise, the loss is inevitable in all cases, from my own gambling experience.

This is the kind of discipline we need, we have to be in command of stopping ourselves anytime we need to, regardless of what situation we are, may it be in winning or losing situation, consider treating it as you are in a mission and that strategy has to be properly put in place.

You would really be needing that kind of behavior if you do really like for your capital to last long or wont bust up in a short span of time.

Self control or discipline might easy to say but when you are on the actual thing then you would definitely forget on what you should gonna do.

bankroll management is recommended from time to time unless if you are a YOLO type of gambler then you will be having this kind of behavior.

[harizen]

This is the kind of discipline we need, we have to be in command of stopping ourselves anytime we need to, regardless of what situation we are, may it be in winning or losing situation, consider treating it as you are in a mission and that strategy has to be properly put in place.

Building experience is the key. It's not a secret that dealing with emotions is really difficult. It might take time but as gamblers progress, they will soon be matured.

Did you know guys that professional gamblers are more emotional compare to casual gamblers? But since their experience teaches them to become responsible gamblers, they understand what they are dealing with once they decided to continue more even they are currently losing.

And while continue losing, they still able to properly manage their bankroll.

[just_Alice]

The rules are great, but the problem is: how do you follow them? Also, most of the tips here are aimed at people, who lose money out of a desperate desire to win, like "don't chase your losses". Many people believe that gamblers lose most of their money when they're failing and, therefore, can't think straight. On the contrary, I think that lots of winning can lead to an even worse outcome because when that happens people just forget about luck and probability and start thinking that they've developed some kind of perfect winning strategy, which makes them act less carefully and make riskier bets and, eventually, lose everything.

[xSkylarx]

The rules are great, but the problem is: how do you follow them? Also, most of the tips here are aimed at people, who lose money out of a desperate desire to win, like "don't chase your losses". Many people believe that gamblers lose most of their money when they're failing and, therefore, can't think straight. On the contrary, I think that lots of winning can lead to an even worse outcome because when that happens people just forget about luck and probability and start thinking that they've developed some kind of perfect winning strategy, which makes them act less carefully and make riskier bets and, eventually, lose everything.

It's a matter of self-discipline on how you control yourself during those times. It is hard to do and not anyone can really do it. I'm guilty on what you've said on both when winning or losing, unlike other gamblers I've already learned from this mistake and learned when to stop if my bankroll is empty or I doublet it. In the long run, if gamblers don't properly manage their bankroll it might ruin their life.

[palle11]

Never chase your losses

Gamblers who succeed in the game never chase their losses because they know is a chance game. They don't only look at possibility of winning but also losing. There are certain things you do that means you are chasing losses and that is if you begin to double your bets after losing the previous game. Also if you start becoming frustrated and refuse to leave.

[matchi2011]

Never chase your losses

Gamblers who succeed in the game never chase their losses because they know is a chance game. They don't only look at possibility of winning but also losing. There are certain things you do that means you are chasing losses and that is if you begin to double your bets after losing the previous game. Also if you start becoming frustrated and refuse to leave.

Such emotions will lead you to continue losing, the feeling of unsatisfied even you already have some good amount of winnings, trying
to bring more to your bankroll as you'll chasing those previous loses.

It's better to have a good mindsets and targets instead of trying to recover those loses that you have from your previous games, a wise
gamblers always have a positive outlook both from losing and winning position.

[magneto]

Have an edge over yourself

It's not funny to gamble tbh, some people do it for fun but where's smartness in losing your money? Will you be called smart? No, right? It's better to only use and invest your bankroll in those games over which you have an edge. If you are sure about the game you are betting, then only use your 1 unit on that game, otherwise no need to gamble based on half (or 0) knowledge because we are talking about smart gambling and managing our bankroll. This assures that you have higher chances of winning over losing, and this edge will only help you gaining much more profits in the long run. If you don't know about a game, or yours is a few days ahead, just don't gamble and wait some days and let your expected game arrive.

This is key.

If you don't have an edge or a perceived positive expected value then there is really no point in managing your bankroll. You're going to be hit with the same negative long run EV in the long run.

The reason for bankroll management is to minimise your risk of ruin and thereby dodging the variance that comes with a game of chance where you know you have an edge. And this is not only limited to sportsbetting - it applies to any AP across poker, BJ, etc.

If you are purely playing for fun then I don't see the point of rigidly managing your bankroll, just go out there and yolo.

[Reatim]

Never chase your losses

Gamblers who succeed in the game never chase their losses because they know is a chance game. They don't only look at possibility of winning but also losing. There are certain things you do that means you are chasing losses and that is if you begin to double your bets after losing the previous game. Also if you start becoming frustrated and refuse to leave.

Such emotions will lead you to continue losing, the feeling of unsatisfied even you already have some good amount of winnings, trying
to bring more to your bankroll as you'll chasing those previous loses.

The more you choose losses is the more chances of being failure,we can settle our betting in terms of not putting more when we only knew that we are a loser
and besides this will trigger of us becoming addict if we don't control our desires.

It's better to have a good mindsets and targets instead of trying to recover those loses that you have from your previous games, a wise
gamblers always have a positive outlook both from losing and winning position.

Yeah having exact plans when we are dealing in gambling.

Allocating budget and time each gambling activities will save our asses for this bad outcome .

when i plan to gamble i only bring the amount i am willing to risk and also have a target of how much to win before leaving.

[Salauddin1994]

When i play sports i feel calmer sleep better and focus better on sports you should never forget how the benefits of insects are generated they may start to call our bets more often or worse the bets make our open light. Bankroll management helps a lot in the world of gambling it is important for you to keep up to date with the latest Hold strategies to win and one of the best ways to do this is to learn and play a game that changes regularly and if you are not willing to improve your skills regularly other players will be ahead of you.

[clickerz]

This is the kind of discipline we need, we have to be in command of stopping ourselves anytime we need to, regardless of what situation we are, may it be in winning or losing situation, consider treating it as you are in a mission and that strategy has to be properly put in place.

Building experience is the key. It's not a secret that dealing with emotions is really difficult. It might take time but as gamblers progress, they will soon be matured.

Did you know guys that professional gamblers are more emotional compare to casual gamblers? But since their experience teaches them to become responsible gamblers, they understand what they are dealing with once they decided to continue more even they are currently losing.

And while continue losing, they still able to properly manage their bankroll.

Experience is a great factor indeed. Past lessons teach you how to tackle future problems that may arise, that is to control or manage emotions. Once emotions overcome you, you cant make clear decisions.A gambler who masters his emotions has an edge over his opponents and with luck, he may win big.

[Russlenat]

This is the kind of discipline we need, we have to be in command of stopping ourselves anytime we need to, regardless of what situation we are, may it be in winning or losing situation, consider treating it as you are in a mission and that strategy has to be properly put in place.

Building experience is the key. It's not a secret that dealing with emotions is really difficult. It might take time but as gamblers progress, they will soon be matured.

Did you know guys that professional gamblers are more emotional compare to casual gamblers? But since their experience teaches them to become responsible gamblers, they understand what they are dealing with once they decided to continue more even they are currently losing.

And while continue losing, they still able to properly manage their bankroll.

Experience is a great factor indeed. Past lessons teach you how to tackle future problems that may arise, that is to control or manage emotions. Once emotions overcome you, you cant make clear decisions.A gambler who masters his emotions has an edge over his opponents and with luck, he may win big.

Very well said, mastering in controlling our emotion is very necessary, and it's possible to master it if we are constantly gambling as eventually we will be able to learn it, if not, then we better stop gambling, better give up early before it will ruin our life.

[Emitdama]

This is the kind of discipline we need, we have to be in command of stopping ourselves anytime we need to, regardless of what situation we are, may it be in winning or losing situation, consider treating it as you are in a mission and that strategy has to be properly put in place.

That is achieved once you have gone through enough roller coaster rides of emotions throughout your gambling journey such that the losses and wins do not impact you anymore financially and does not hurt your sentiments. I have seen even the biggest gamblers raging in chat after a loss and some even to such an extent that mods have to ban them for sometime.

I usually play at stake for sports betting and I remember someone lost around 3 Bitcoins on some betslip and he was so nice and raining around before losing but as he lost the bet he was furious and insulting to the fellow members. So even the experienced gamblers and the high rollers get raged and losses hurt their sentiments.

[Maslate]

This is the kind of discipline we need, we have to be in command of stopping ourselves anytime we need to, regardless of what situation we are, may it be in winning or losing situation, consider treating it as you are in a mission and that strategy has to be properly put in place.

That is achieved once you have gone through enough roller coaster rides of emotions throughout your gambling journey such that the losses and wins do not impact you anymore financially and does not hurt your sentiments. I have seen even the biggest gamblers raging in chat after a loss and some even to such an extent that mods have to ban them for sometime.

I usually play at stake for sports betting and I remember someone lost around 3 Bitcoins on some betslip and he was so nice and raining around before losing but as he lost the bet he was furious and insulting to the fellow members. So even the experienced gamblers and the high rollers get raged and losses hurt their sentiments.

That's because we are just human, we can't controlled ourselves sometimes, people are even lucky that one gambler was sharing some blessings, but as a gambler, that's sometime we missed out, when we win, we think that it will stop there and we sometimes don't expect losing anymore that it made us surprise sometimes despite that fact that we have been constantly gambling.

[fullhdpixel]

Did you know guys that professional gamblers are more emotional compare to casual gamblers? But since their experience teaches them to become responsible gamblers, they understand what they are dealing with once they decided to continue more even they are currently losing.

Wasn't really aware that professional gamblers are more emotional than regular gamblers. I guess it teaches us that being emotional is fine as long as the emotions do not force us into making bets and take decisions which in a healthy state of mind we would have not taken.

I remember I was watching a NFL game and my team was losing so I got upset or maybe emotional and made a few extra bets on over/under market in hope of recovering the loss that was about to happen with the team loss. It ended up winning but I realized that indeed we make more bets than usual when emotional about a loss, but at the end I only deposit what I have no problem losing so I am always safe and in control.

[Noctis Connor]

Never chase your losses

Only asses chase losses! Haha, jk. But still, there's no need for you to go and double your bet every single time just to chase your total loss and get into profits. Trust me, if you eventually turn your gambling habits from being greedy to becoming a smart gambler, you will be in much better profits than just gambling it all away at once and chasing could be really dangerous for your bankroll's health.

Im agree with this never chase your losses one you lose you should know when to stop because the more you chase your lose the more eagerness you play and the more you play the more chances you lose again and again  it's my habbit to gamble but i know when to play or when to bet i only bet in sports and some of my profit in betting from sports i play it in some gambling site which if i can a bit i withdraw and then wait again for next sports where i can bet.

Calm mindset

There is no need to feel bad for your loss, even if you lose 1 unit, you still have 99 left, so 2 more wins and you are in profit. Don't go all in on one bet, instead place your bets in parts. Opportunities are available every single day in sports betting, but don't bet like a gambler, bet as a sports investor and apply the rule of "1 bet 1 unit" and I assure you that you'll become a much better gambler one day.

Control your emotion to calm your mindset, if you lose that much it is really hard of course , but this is really good which is 1 bet at a time to make more chances in winning. sports is the best one when you do analyzing before betting.

[South Park]

The rules are great, but the problem is: how do you follow them? Also, most of the tips here are aimed at people, who lose money out of a desperate desire to win, like "don't chase your losses". Many people believe that gamblers lose most of their money when they're failing and, therefore, can't think straight. On the contrary, I think that lots of winning can lead to an even worse outcome because when that happens people just forget about luck and probability and start thinking that they've developed some kind of perfect winning strategy, which makes them act less carefully and make riskier bets and, eventually, lose everything.

That is where money management skills play a role, if you win a lot of times in a row as you say you can begin to make reckless bets, but if your money management strategy tells you to only bet 1% of your capital on each match and you follow it then you are never going to bet too much in a single match and this will prevent you from losing your hard earned money, so while I agree that winning a lot of times in a row can also produce really bad results over the long term if you become careless that is when a money management strategy will play a factor and save you from that mistake.

[Fredomago]

The rules are great, but the problem is: how do you follow them? Also, most of the tips here are aimed at people, who lose money out of a desperate desire to win, like "don't chase your losses". Many people believe that gamblers lose most of their money when they're failing and, therefore, can't think straight. On the contrary, I think that lots of winning can lead to an even worse outcome because when that happens people just forget about luck and probability and start thinking that they've developed some kind of perfect winning strategy, which makes them act less carefully and make riskier bets and, eventually, lose everything.

That is where money management skills play a role, if you win a lot of times in a row as you say you can begin to make reckless bets, but if your money management strategy tells you to only bet 1% of your capital on each match and you follow it then you are never going to bet too much in a single match and this will prevent you from losing your hard earned money, so while I agree that winning a lot of times in a row can also produce really bad results over the long term if you become careless that is when a money management strategy will play a factor and save you from that mistake.

And that's the very reason why it called money management as even you are fully tempted to bet outside of your strategy, you'll need to stick on it and still follow what pattern you designed, pro-gamblers who managed to keep this at it is benefits a lot, while to those who can't expect that they'll ends up nothing but just losing everything.

It's tough but you need to developed this control if you really planning to succeed not just for short-term benefits but for better survival. Inside gambling activities there are lots of "what if" you need to overcome yourself to keep your composure and stay with your original plans.

[Questat]

The rules are great, but the problem is: how do you follow them? Also, most of the tips here are aimed at people, who lose money out of a desperate desire to win, like "don't chase your losses". Many people believe that gamblers lose most of their money when they're failing and, therefore, can't think straight. On the contrary, I think that lots of winning can lead to an even worse outcome because when that happens people just forget about luck and probability and start thinking that they've developed some kind of perfect winning strategy, which makes them act less carefully and make riskier bets and, eventually, lose everything.

That is where money management skills play a role, if you win a lot of times in a row as you say you can begin to make reckless bets, but if your money management strategy tells you to only bet 1% of your capital on each match and you follow it then you are never going to bet too much in a single match and this will prevent you from losing your hard earned money, so while I agree that winning a lot of times in a row can also produce really bad results over the long term if you become careless that is when a money management strategy will play a factor and save you from that mistake.

And that's the very reason why it called money management as even you are fully tempted to bet outside of your strategy, you'll need to stick on it and still follow what pattern you designed, pro-gamblers who managed to keep this at it is benefits a lot, while to those who can't expect that they'll ends up nothing but just losing everything.

It's tough but you need to developed this control if you really planning to succeed not just for short-term benefits but for better survival. Inside gambling activities there are lots of "what if" you need to overcome yourself to keep your composure and stay with your original plans.

It's tough but it's not impossible to learn the right bankroll management, that is enough for us to train ourselves on how to be a discipline gambler. You will use this if you are into profit and for long term gambling, and it's necessary that you stick with your plan all the time no matter how frustrated you are due to the cold streak because all these are just normal, we will have a cold streak and that bankroll management is design for us to withstand it.

[Mahanton]

The rules are great, but the problem is: how do you follow them? Also, most of the tips here are aimed at people, who lose money out of a desperate desire to win, like "don't chase your losses". Many people believe that gamblers lose most of their money when they're failing and, therefore, can't think straight. On the contrary, I think that lots of winning can lead to an even worse outcome because when that happens people just forget about luck and probability and start thinking that they've developed some kind of perfect winning strategy, which makes them act less carefully and make riskier bets and, eventually, lose everything.

That is where money management skills play a role, if you win a lot of times in a row as you say you can begin to make reckless bets, but if your money management strategy tells you to only bet 1% of your capital on each match and you follow it then you are never going to bet too much in a single match and this will prevent you from losing your hard earned money, so while I agree that winning a lot of times in a row can also produce really bad results over the long term if you become careless that is when a money management strategy will play a factor and save you from that mistake.

And that's the very reason why it called money management as even you are fully tempted to bet outside of your strategy, you'll need to stick on it and still follow what pattern you designed, pro-gamblers who managed to keep this at it is benefits a lot, while to those who can't expect that they'll ends up nothing but just losing everything.

It's tough but you need to developed this control if you really planning to succeed not just for short-term benefits but for better survival. Inside gambling activities there are lots of "what if" you need to overcome yourself to keep your composure and stay with your original plans.

It's tough but it's not impossible to learn the right bankroll management, that is enough for us to train ourselves on how to be a discipline gambler. You will use this if you are into profit and for long term gambling, and it's necessary that you stick with your plan all the time no matter how frustrated you are due to the cold streak because all these are just normal, we will have a cold streak and that bankroll management is design for us to withstand it.

Easy to say but really hard to be followed by someone depending on how strict your are and very good in self discipline and we know that not all would really be
having the same traits when it comes on handling out themselves in situations like these.In order to sustain yourself then good bankroll management is really
suggested but if you do let your emotion do control you then expect for unfortunate events to happen.Somehow these mistakes or results will
really able to make you learn that finance handling is really important for you not to bust up that fast.

[Questat]

The rules are great, but the problem is: how do you follow them? Also, most of the tips here are aimed at people, who lose money out of a desperate desire to win, like "don't chase your losses". Many people believe that gamblers lose most of their money when they're failing and, therefore, can't think straight. On the contrary, I think that lots of winning can lead to an even worse outcome because when that happens people just forget about luck and probability and start thinking that they've developed some kind of perfect winning strategy, which makes them act less carefully and make riskier bets and, eventually, lose everything.

That is where money management skills play a role, if you win a lot of times in a row as you say you can begin to make reckless bets, but if your money management strategy tells you to only bet 1% of your capital on each match and you follow it then you are never going to bet too much in a single match and this will prevent you from losing your hard earned money, so while I agree that winning a lot of times in a row can also produce really bad results over the long term if you become careless that is when a money management strategy will play a factor and save you from that mistake.

And that's the very reason why it called money management as even you are fully tempted to bet outside of your strategy, you'll need to stick on it and still follow what pattern you designed, pro-gamblers who managed to keep this at it is benefits a lot, while to those who can't expect that they'll ends up nothing but just losing everything.

It's tough but you need to developed this control if you really planning to succeed not just for short-term benefits but for better survival. Inside gambling activities there are lots of "what if" you need to overcome yourself to keep your composure and stay with your original plans.

It's tough but it's not impossible to learn the right bankroll management, that is enough for us to train ourselves on how to be a discipline gambler. You will use this if you are into profit and for long term gambling, and it's necessary that you stick with your plan all the time no matter how frustrated you are due to the cold streak because all these are just normal, we will have a cold streak and that bankroll management is design for us to withstand it.

Easy to say but really hard to be followed by someone depending on how strict your are and very good in self discipline and we know that not all would really be
having the same traits when it comes on handling out themselves in situations like these.In order to sustain yourself then good bankroll management is really
suggested but if you do let your emotion do control you then expect for unfortunate events to happen.Somehow these mistakes or results will
really able to make you learn that finance handling is really important for you not to bust up that fast.

Of course it's easier said than done, but like what I've said, it's not impossible to learn a proper bankroll management, just like running a business, you have a plan and you follow it, and in gambling, you have to change your perspective, treat it as a business than a pure entertainment.

[TheGreatPython]

It's tough but you need to developed this control if you really planning to succeed not just for short-term benefits but for better survival. Inside gambling activities there are lots of "what if" you need to overcome yourself to keep your composure and stay with your original plans.

Control will automatically follow once your bet size and bankroll is only what you can afford to lose and is not part of the money which was intended for other purposes or essential needs. At times gamblers are saying that they have lose everything and they are going to suicide, I have seen such things happen live in most chats on casinos so it all happened because they actually betted more than the allocated funds for gambling.

Gambling is not a hobby anymore once you start worrying about the loses and get excited about the wins because it indicates that the amounts are big and now things are about to get worst.

As long as you are not hurt by the loses and are not too happy about wins you are good.

[traderethereum]

That's because we are just human, we can't controlled ourselves sometimes, people are even lucky that one gambler was sharing some blessings, but as a gambler, that's sometime we missed out, when we win, we think that it will stop there and we sometimes don't expect losing anymore that it made us surprise sometimes despite that fact that we have been constantly gambling.

Exactly. We can say that we have controlled ourselves in gambling games, but we can lose control when winning in some rounds, and we will forget about what we need to do.
Many gamblers still continue to play instead of stopping for a while and reducing their tension, and if they don't realize that, sooner or later, they will see their money will decrease, and it will go in a minute.
If you don't want to see another loss, the best thing you can do is stop the game, leave the place, and never think about wanting to get more winning because the win money is the important thing for your moment.
Knowing when to stop will be necessary, especially if we can win a lot of money because that will not happen many times, so we need to use the time to stop and collect the win money.

[Fredomago]

It's tough but you need to developed this control if you really planning to succeed not just for short-term benefits but for better survival. Inside gambling activities there are lots of "what if" you need to overcome yourself to keep your composure and stay with your original plans.

Control will automatically follow once your bet size and bankroll is only what you can afford to lose and is not part of the money which was intended for other purposes or essential needs. At times gamblers are saying that they have lose everything and they are going to suicide, I have seen such things happen live in most chats on casinos so it all happened because they actually betted more than the allocated funds for gambling.

Gambling is not a hobby anymore once you start worrying about the loses and get excited about the wins because it indicates that the amounts are big and now things are about to get worst.

As long as you are not hurt by the loses and are not too happy about wins you are good.

Meaning to say if you are emotionless then you are really good to go, as everything is about bankroll management.  If you are capable of doing that and you are keeping the strategy as it is, then your chances to succeed is very high.

There are people / gamblers who are incapable of handling situations, they are easily been move by emotions and by
aggressiveness they'll lose more than what they can afford.

If you are focus and you are really aiming to get a better chance,
emotion needs  the first thing to work out.

[palle11]

That's because we are just human, we can't controlled ourselves sometimes, people are even lucky that one gambler was sharing some blessings, but as a gambler, that's sometime we missed out, when we win, we think that it will stop there and we sometimes don't expect losing anymore that it made us surprise sometimes despite that fact that we have been constantly gambling.

Exactly. We can say that we have controlled ourselves in gambling games, but we can lose control when winning in some rounds, and we will forget about what we need to do.
Many gamblers still continue to play instead of stopping for a while and reducing their tension, and if they don't realize that, sooner or later, they will see their money will decrease, and it will go in a minute.
If you don't want to see another loss, the best thing you can do is stop the game, leave the place, and never think about wanting to get more winning because the win money is the important thing for your moment.
Knowing when to stop will be necessary, especially if we can win a lot of money because that will not happen many times, so we need to use the time to stop and collect the win money.

And you know winning moments are difficult to quit it. This problem can be related to any body gambling. This is one challenge that is difficult to drop. Like you question yourself why you want to leave your winning chance. I don't advise quitting a winning moment because it doesn't come all the time.

[Inkdatar]

And you know winning moments are difficult to quit it. This problem can be related to any body gambling. This is one challenge that is difficult to drop. Like you question yourself why you want to leave your winning chance. I don't advise quitting a winning moment because it doesn't come all the time.

Exactly winning moments are hard to quit because of aiming to win over and over again. A gambler already knows the chance of winning is just small but as the usual the addiction comes to a person. Calm minds is also important as mentioned above as this could help to a person to think in a right direction of when to stop the game. So all lists inputs is very important as this is also a reminder to many on what to do in betting a game.

[Finestream]

And you know winning moments are difficult to quit it. This problem can be related to any body gambling. This is one challenge that is difficult to drop. Like you question yourself why you want to leave your winning chance. I don't advise quitting a winning moment because it doesn't come all the time.

Exactly winning moments are hard to quit because of aiming to win over and over again. A gambler already knows the chance of winning is just small but as the usual the addiction comes to a person. Calm minds is also important as mentioned above as this could help to a person to think in a right direction of when to stop the game. So all lists inputs is very important as this is also a reminder to many on what to do in betting a game.

It's not a big problem, you gamble as long as you want but you need to ensure that you still have the discipline to follow the right bankroll management, or what is planned. Say, you gamble at 2% per bet, so stick with it, and you won't easily lose even if your winning moment will flip.

One needs to practice bankroll management effectively, and everything will follow.

[Fundamentals Of]

And you know winning moments are difficult to quit it. This problem can be related to any body gambling. This is one challenge that is difficult to drop. Like you question yourself why you want to leave your winning chance. I don't advise quitting a winning moment because it doesn't come all the time.

You are probably wrong in this advice. How would you know that it is your winning moment? The only way is to make a bet with your money and wait for the result. The moment the game is done and you win, that was already your winning moment. Is the next game, and the one after that your, winning moments also? Of course not.

So if you are already making a nice profit, go ahead and leave. You don't say this is my winning day, why would I leave? If you think this way, then you've got a perfect recipe for disaster.

[cutesgirl]

It would be best to keep a bank management, and stick to your own. We all know the feeling of losing many times in a row, and that's when the problems begin.
You increase your limits and the effect of bankroll management is completely gone. And not much later your balance too.

[fullhdpixel]

Of course it's easier said than done, but like what I've said, it's not impossible to learn a proper bankroll management, just like running a business, you have a plan and you follow it, and in gambling, you have to change your perspective, treat it as a business than a pure entertainment.

Changing the perspective is important because the vision must be fun instead of earning money when gambling. I also think one should take a break from gambling for a few days at least and estimate how much they are betting and if that is worth for them or they should lower the funds they allocate for gambling.

I understand people cannot consider gamblers are accountants but there should be some level of self awareness and records you can check to know if you are losing too much. I have myself tested this, once you start putting your loses and wins in numbers and calculate the total at the end of month you can cut a lot of extra expenses, not just gambling the same goes for shopping as well.

[Noctis Connor]

And you know winning moments are difficult to quit it. This problem can be related to any body gambling. This is one challenge that is difficult to drop. Like you question yourself why you want to leave your winning chance. I don't advise quitting a winning moment because it doesn't come all the time.

Exactly winning moments are hard to quit because of aiming to win over and over again. A gambler already knows the chance of winning is just small but as the usual the addiction comes to a person. Calm minds is also important as mentioned above as this could help to a person to think in a right direction of when to stop the game. So all lists inputs is very important as this is also a reminder to many on what to do in betting a game.

It is true when your winning it is really hard for you to stop because the momentum to earn more money even though you already knew the consequence to lose, the addiction of winning or losing are same because the eagerness that you already set in your mind that your enjoying the game itself it is more entertainment of the gamble , it is true that you need to make a list for those important thing you need to pay your expenses is one of the best example.

[Twinkledoe]

And you know winning moments are difficult to quit it. This problem can be related to any body gambling. This is one challenge that is difficult to drop. Like you question yourself why you want to leave your winning chance. I don't advise quitting a winning moment because it doesn't come all the time.

Exactly winning moments are hard to quit because of aiming to win over and over again. A gambler already knows the chance of winning is just small but as the usual the addiction comes to a person. Calm minds is also important as mentioned above as this could help to a person to think in a right direction of when to stop the game. So all lists inputs is very important as this is also a reminder to many on what to do in betting a game.

It is true when your winning it is really hard for you to stop because the momentum to earn more money even though you already knew the consequence to lose, the addiction of winning or losing are same because the eagerness that you already set in your mind that your enjoying the game itself it is more entertainment of the gamble , it is true that you need to make a list for those important thing you need to pay your expenses is one of the best example.

When you are deep in your game, hard to resist the desire to continue playing. And usually, you will only stop if you have your bankroll empty. To at least keep track of your goals, if you are already winning, transfer some of your winnings to your other account ready for conversion of your fiat money. In that way, you know, you will stop once you zeroed out your bankroll in the site where you are playing with.

[Hamphser]

And you know winning moments are difficult to quit it. This problem can be related to any body gambling. This is one challenge that is difficult to drop. Like you question yourself why you want to leave your winning chance. I don't advise quitting a winning moment because it doesn't come all the time.

Exactly winning moments are hard to quit because of aiming to win over and over again. A gambler already knows the chance of winning is just small but as the usual the addiction comes to a person. Calm minds is also important as mentioned above as this could help to a person to think in a right direction of when to stop the game. So all lists inputs is very important as this is also a reminder to many on what to do in betting a game.

It is true when your winning it is really hard for you to stop because the momentum to earn more money even though you already knew the consequence to lose, the addiction of winning or losing are same because the eagerness that you already set in your mind that your enjoying the game itself it is more entertainment of the gamble , it is true that you need to make a list for those important thing you need to pay your expenses is one of the best example.

When you are deep in your game, hard to resist the desire to continue playing. And usually, you will only stop if you have your bankroll empty. To at least keep track of your goals, if you are already winning, transfer some of your winnings to your other account ready for conversion of your fiat money. In that way, you know, you will stop once you zeroed out your bankroll in the site where you are playing with.

Would still be useless if your mind isnt fixed already on securing those funds because if not then you would really withdraw those coins back and continue to play.
This is usually the thing that do happen when you do still have the aim on making money out of gambling or you do tend to chase your losses.So it is somewhat
useless if you dont have that much of good in self control. Management of your finances is one of the key factor on making yourself avoid on
unfortunate things that might happen.

[maydna]

Would still be useless if your mind isnt fixed already on securing those funds because if not then you would really withdraw those coins back and continue to play.
This is usually the thing that do happen when you do still have the aim on making money out of gambling or you do tend to chase your losses.So it is somewhat useless if you dont have that much of good in self control. Management of your finances is one of the key factor on making yourself avoid on
unfortunate things that might happen.

In this matter, you should have self-control because if it's not, you will lose the money quickly. Chasing your losses will not be better because, in gambling, we will feel difficult to do that. We can lose more money without we realize. Nothing that will make us sad except losing big money in a short time, and that is why we need to avoid it.

Having control in the management of the funds will be necessary because that can make us survive in gambling. Besides that, we could have a chance to play gambling games for some time and enjoy the game.

[ice098]

And you know winning moments are difficult to quit it. This problem can be related to any body gambling. This is one challenge that is difficult to drop. Like you question yourself why you want to leave your winning chance. I don't advise quitting a winning moment because it doesn't come all the time.

Exactly winning moments are hard to quit because of aiming to win over and over again. A gambler already knows the chance of winning is just small but as the usual the addiction comes to a person. Calm minds is also important as mentioned above as this could help to a person to think in a right direction of when to stop the game. So all lists inputs is very important as this is also a reminder to many on what to do in betting a game.

It's not a big problem, you gamble as long as you want but you need to ensure that you still have the discipline to follow the right bankroll management, or what is planned. Say, you gamble at 2% per bet, so stick with it, and you won't easily lose even if your winning moment will flip.

One needs to practice bankroll management effectively, and everything will follow.

That's why we should always keep in mind to have a self control over a self desire. I can relate on the emotion of after winning once i was in determination to win again and again which after i execute all of those games turns out i lose more than winning. Sometimes because of our greediness to earn or win more we commit in a decision which leads us into much failure. This thread has a lot of information instill to everyone but the most important thing was having a self control and descipline.

[Wexnident]

Would still be useless if your mind isnt fixed already on securing those funds because if not then you would really withdraw those coins back and continue to play.
This is usually the thing that do happen when you do still have the aim on making money out of gambling or you do tend to chase your losses.So it is somewhat
useless if you dont have that much of good in self control. Management of your finances is one of the key factor on making yourself avoid on
unfortunate things that might happen.

In the first place gambling while thinking of securing funds in the first place is already wrong imo, stop thinking of it as a loss or something similar, that's the first step. Mainly because of how gambling is supposed to be a "game". it's supposed to be enjoyed, and having to think of saving funds, how much money I still have, how much I've lost, I've won, and what not just stresses out that you're not thinking of it as a game, but rather as something else, can't find the word for it but and, it just brings out stress in you. Stop when you want to stop (or until your bankroll is gone), and that should be fine imo. Self-control starts with how much funds you actually put in your bankroll though, and that's about the limits of how you can control yourself. I'm pretty sure everyone here has felt that playing something with a serious mindset could make you forget some stuff afterall.

[Pamadar]

Would still be useless if your mind isnt fixed already on securing those funds because if not then you would really withdraw those coins back and continue to play.
This is usually the thing that do happen when you do still have the aim on making money out of gambling or you do tend to chase your losses.So it is somewhat
useless if you dont have that much of good in self control. Management of your finances is one of the key factor on making yourself avoid on
unfortunate things that might happen.

In the first place gambling while thinking of securing funds in the first place is already wrong imo, stop thinking of it as a loss or something similar, that's the first step. Mainly because of how gambling is supposed to be a "game". it's supposed to be enjoyed, and having to think of saving funds, how much money I still have, how much I've lost, I've won, and what not just stresses out that you're not thinking of it as a game, but rather as something else, can't find the word for it but and, it just brings out stress in you. Stop when you want to stop (or until your bankroll is gone), and that should be fine imo. Self-control starts with how much funds you actually put in your bankroll though, and that's about the limits of how you can control yourself. I'm pretty sure everyone here has felt that playing something with a serious mindset could make you forget some stuff afterall.

Gamblers have differences, there are experienced gamblers who keeps calculating each spent money that they are using against the win and losses that they've got. From this point they able to figure if they needed to sstop or they can continue and try to push more with  an aimed to win something decent from their activities. Not all gamblers are aiming to have some fun there are serious gamblers who keeps trying to win and some are successful in doing so.

[Viscore]

Not all gamblers are aiming to have some fun there are serious gamblers who keeps trying to win and some are successful in doing so.

So when you are having fun, you are not trying to win?
I think we all want to win, that's the real purpose in gambling, and we will have fun when we are winning.

We are not morons to just gamble and just waste money, we don't have an unlimited money and there's no fun in losing money.
Serious or not serious, we aim to win money in gambling because that gives the best satisfaction for a gambler.

[VanityWallets2015]

Not all gamblers are aiming to have some fun there are serious gamblers who keeps trying to win and some are successful in doing so.

So when you are having fun, you are not trying to win?
I think we all want to win, that's the real purpose in gambling, and we will have fun when we are winning.

We are not morons to just gamble and just waste money, we don't have an unlimited money and there's no fun in losing money.
Serious or not serious, we aim to win money in gambling because that gives the best satisfaction for a gambler.

I think everyone of us have different opinion here some would just seeking fun no matter win or lose in gambling games.
Some users are doesn't seek for fun but hoping for a chance that they could earn big time in betting in sports betting and casino games.
And some bettors do actually have both aiming to have fun while also hoping to win some good amount of profit.

[bonjouros]

Having a calm mindset is the best ace in order to minimize our losses and maximize our winnings if in case we will be lucky in our bets.

I hate to admit it but sometimes we will get mad once we are losing some of our money and most of us are chasing those losses in order to feel comfortable but in the end we are losing too much instead of recovering the losses. Only few will be able to recover their losses if they become lucky with their bets. What you have drop here are good management for sure in all the gambling games not only to sports betting.

[dimonstration]

It would be best to keep a bank management, and stick to your own. We all know the feeling of losing many times in a row, and that's when the problems begin.
You increase your limits and the effect of bankroll management is completely gone. And not much later your balance too.

Bankroll Management will depend on us and how addictive we are in gambling, some were able to stick in their decision while others always changes their mains once they lose a lot or win alotm gamblers should plan and stick to it so it will not cause problems to them later on since the studied and plans what they should really do depending in the ifs that might happen.

[Lanatsa]

It would be best to keep a bank management, and stick to your own. We all know the feeling of losing many times in a row, and that's when the problems begin.
You increase your limits and the effect of bankroll management is completely gone. And not much later your balance too.

Bankroll Management will depend on us and how addictive we are in gambling, some were able to stick in their decision while others always changes their mains once they lose a lot or win alotm gamblers should plan and stick to it so it will not cause problems to them later on since the studied and plans what they should really do depending in the ifs that might happen.

If you aren't really that serious on making money with gambling then you wouldn't really mind much on how you gonna spend up your bankroll as long you do able to get

the entertainment that you seek off. Bankroll management is really good but if you do already accept that your money that had been deposited is already lost then that's a good

thing for your part because you aren't expecting something in return into those funds but for those who are really minding about profiting then securing it first before proceeding

or completely stopping when you are already in gains is the best choice.

[jostorres]

That is achieved once you have gone through enough roller coaster rides of emotions throughout your gambling journey such that the losses and wins do not impact you anymore financially and does not hurt your sentiments. I have seen even the biggest gamblers raging in chat after a loss and some even to such an extent that mods have to ban them for sometime.

I usually play at stake for sports betting and I remember someone lost around 3 Bitcoins on some betslip and he was so nice and raining around before losing but as he lost the bet he was furious and insulting to the fellow members. So even the experienced gamblers and the high rollers get raged and losses hurt their sentiments.

That's because we are just human, we can't controlled ourselves sometimes, people are even lucky that one gambler was sharing some blessings, but as a gambler, that's sometime we missed out, when we win, we think that it will stop there and we sometimes don't expect losing anymore that it made us surprise sometimes despite that fact that we have been constantly gambling.

I agree that even the best and biggest gamblers lose their patience at certain points in their gambling career. I used to play at a bar here before the covid-19 arrived and actually one of the guys there got mad after losing and he was quite rich so it was unusual to see someone behaving like that so everyone loses their cool once at some point in gambling.

That is also the reason why I bet very small so that in case I lose I just shrug it off and move on instead of getting too upset about it which will then eventually affect my work and my day basically. Wins and losses must be forgotten about the moment you leave the casino, be it online or offline.

[StephenJH]

It would be best to keep a bank management, and stick to your own. We all know the feeling of losing many times in a row, and that's when the problems begin.
You increase your limits and the effect of bankroll management is completely gone. And not much later your balance too.

Bankroll Management will depend on us and how addictive we are in gambling, some were able to stick in their decision while others always changes their mains once they lose a lot or win alotm gamblers should plan and stick to it so it will not cause problems to them later on since the studied and plans what they should really do depending in the ifs that might happen.

Not everyone makes a perfect plan after a loss series, the luck is the main factor in the recovery process indeed. There are many other factors but the first rule in sports betting is always the same. Protecting the bankroll matters more than winning more because the losses shouldn't swallow the all wins. The rigged and fixed matches make it hard to be a long-term winner, IMHO. I always check the most money turnover happened matches before putting my hard-earned money in the specific matches because the more money in the game the higher the chance of it will be rigged on the either first half or on the last 10 minutes.

[Viscore]

Not all gamblers are aiming to have some fun there are serious gamblers who keeps trying to win and some are successful in doing so.

So when you are having fun, you are not trying to win?
I think we all want to win, that's the real purpose in gambling, and we will have fun when we are winning.

We are not morons to just gamble and just waste money, we don't have an unlimited money and there's no fun in losing money.
Serious or not serious, we aim to win money in gambling because that gives the best satisfaction for a gambler.

I think everyone of us have different opinion here some would just seeking fun no matter win or lose in gambling games.
Some users are doesn't seek for fun but hoping for a chance that they could earn big time in betting in sports betting and casino games.
And some bettors do actually have both aiming to have fun while also hoping to win some good amount of profit.

My point is, you gamble for fun but your main purpose is to win, I think gambling is a win or lose, you don't choose the lose side and you still have fun, having fun is different from wasting money to have fun, that's not normal, even the rich people values their money.

[Salauddin1994]

Participating in sports is a very good thing there is no substitute for sports to keep our mental and physical health it is because of this sport that we can often get big injuries bancoroll management in sports betting should not be abandoned the real fun of gambling is winning. Gambling is a waste of money and you are more likely to lose if you do not determine the right way it's a lot of fun we have to reduce the damage and move forward. In this way gamblers enjoy gambling with a lot of fun enjoys a lot of pleasure in the midst of wasting money.

[lixer]

Im agree with this never chase your losses one you lose you should know when to stop because the more you chase your lose the more eagerness you play and the more you play the more chances you lose again and again  it's my habbit to gamble but i know when to play or when to bet i only bet in sports and some of my profit in betting from sports i play it in some gambling site which if i can a bit i withdraw and then wait again for next sports where i can bet.

Well said and the problem with chasing losses is that once you are able to do it you will start thinking how easy it was and why not make some profits. On the other hand if you lose while chasing you will continue chasing the endless loop. You can see your loses and improve like if you are losing too much money on casino you can set smaller limits for casino and bet more on sports or vice versa but don't chase the losses.

Control your emotion to calm your mindset, if you lose that much it is really hard of course , but this is really good which is 1 bet at a time to make more chances in winning. sports is the best one when you do analyzing before betting.

Control will come only if you lose small amounts so keep lowering your bet size slowly and once you feel at a particular amount you don't get too upset with losses that is the best bet amount for you.

[newwest]

It would be best to keep a bank management, and stick to your own. We all know the feeling of losing many times in a row, and that's when the problems begin.
You increase your limits and the effect of bankroll management is completely gone. And not much later your balance too.

If we are playing for money then whatsoever the problem will just keep on rising as there are various factors that would then come in during various instances, but on other hand if you do not bother even if lost and playing to entertain yourself then many things automatically gets solved and need not to worry.

[Ziskinberg]

It would be best to keep a bank management, and stick to your own. We all know the feeling of losing many times in a row, and that's when the problems begin.
You increase your limits and the effect of bankroll management is completely gone. And not much later your balance too.

If we are playing for money then whatsoever the problem will just keep on rising as there are various factors that would then come in during various instances, but on other hand if you do not bother even if lost and playing to entertain yourself then many things automatically gets solved and need not to worry.

Playing for money should not bring you a problem as long as you are responsible.
The thing is, some people viewed gambling for money as a negative thing, as a way to lose more money, IMO, that is wrong because there are professional gamblers and they are obviously gambling for money, so if they can do it, it should not be impossible for us if we try.

Be positive about gambling, as long as we know what we are doing, we should be okay, even if we lose.

[Fredomago]

Playing for money should not bring you a problem as long as you are responsible.

It's your money that you needed to protect, if you value that much you'll find ways to make some good advantages,
never to excel from your strategy, keep yourself inside your original plan.

The thing is, some people viewed gambling for money as a negative thing, as a way to lose more money, IMO, that is wrong because there are professional gamblers and they are obviously gambling for money, so if they can do it, it should not be impossible for us if we try.

It's not impossible if you are really aiming for it. There are lots of efforts that you needed to deal with, taking good understanding and
have deeper research from each games that you'll going to bet with.

Be positive about gambling, as long as we know what we are doing, we should be okay, even if we lose.

Perfectly said! as long as you are taking full responsibilities and you can absorbed those loses that may take place,
you are good to go and continue your journey to succeed.

[South Park]

Easy to say but really hard to be followed by someone depending on how strict your are and very good in self discipline and we know that not all would really be
having the same traits when it comes on handling out themselves in situations like these.In order to sustain yourself then good bankroll management is really
suggested but if you do let your emotion do control you then expect for unfortunate events to happen.Somehow these mistakes or results will
really able to make you learn that finance handling is really important for you not to bust up that fast.

Of course it's easier said than done, but like what I've said, it's not impossible to learn a proper bankroll management, just like running a business, you have a plan and you follow it, and in gambling, you have to change your perspective, treat it as a business than a pure entertainment.

It is not as hard as it seems once you realize the path of following your emotions and making a lot of huge bets leads you to a potential disastrous loss then it becomes easier to implement money management skills, especially if you have a system that can generate profits in poker or sports bets, obviously since we are humans and not robots we make mistakes but as long as we avoid making the mistake of not following our money management strategy regularly then we are going to be fine and keep earning money from our bets.

[Fatunad]

Easy to say but really hard to be followed by someone depending on how strict your are and very good in self discipline and we know that not all would really be
having the same traits when it comes on handling out themselves in situations like these.In order to sustain yourself then good bankroll management is really
suggested but if you do let your emotion do control you then expect for unfortunate events to happen.Somehow these mistakes or results will
really able to make you learn that finance handling is really important for you not to bust up that fast.

Of course it's easier said than done, but like what I've said, it's not impossible to learn a proper bankroll management, just like running a business, you have a plan and you follow it, and in gambling, you have to change your perspective, treat it as a business than a pure entertainment.

It is not as hard as it seems once you realize the path of following your emotions and making a lot of huge bets leads you to a potential disastrous loss then it becomes easier to implement money management skills, especially if you have a system that can generate profits in poker or sports bets, obviously since we are humans and not robots we make mistakes but as long as we avoid making the mistake of not following our money management strategy regularly then we are going to be fine and keep earning money from our bets.

Money management is important because if you are a type of gambler who do make big bets just like theres no tomorrow then you would probably busting up in no time
compared to those people who do know to allocated their capital in numbers of bets rather than focusing on a single bet with huge amount that they are putting on.
Always think on how you do sustain yourself in longer runs and not just thinking to make bets in one go and once you lost then you will completely stop for a while
because you would wait for another funding unless if you do have unlimited funds then you wouldnt really care at all when it comes to money management.

[Questat]

Easy to say but really hard to be followed by someone depending on how strict your are and very good in self discipline and we know that not all would really be
having the same traits when it comes on handling out themselves in situations like these.In order to sustain yourself then good bankroll management is really
suggested but if you do let your emotion do control you then expect for unfortunate events to happen.Somehow these mistakes or results will
really able to make you learn that finance handling is really important for you not to bust up that fast.

Of course it's easier said than done, but like what I've said, it's not impossible to learn a proper bankroll management, just like running a business, you have a plan and you follow it, and in gambling, you have to change your perspective, treat it as a business than a pure entertainment.

It is not as hard as it seems once you realize the path of following your emotions and making a lot of huge bets leads you to a potential disastrous loss then it becomes easier to implement money management skills, especially if you have a system that can generate profits in poker or sports bets, obviously since we are humans and not robots we make mistakes but as long as we avoid making the mistake of not following our money management strategy regularly then we are going to be fine and keep earning money from our bets.

It will start from your purpose in gambling, if you re eager to make money and you are realistic with what you are doing, then I guess you'll eventually learn the proper way for money management or most popularly called as bankroll management.

Nothing is easy for sure, but as you continue with your journey and you keep learning, you'll certainly go at the right path.

Thing is, anyone can do the proper bankroll management, but the hardest here is to raise a decent amount of bankroll as that will dictate how much you are planning to win before you stop.

[ethereumhunter]

Be positive about gambling, as long as we know what we are doing, we should be okay, even if we lose.

Perfectly said! as long as you are taking full responsibilities and you can absorbed those loses that may take place,
you are good to go and continue your journey to succeed.

That is what we need in gambling, but unfortunately, not many people will realize that. They will lose their responsibility in gambling, especially if they lose their money consecutively. It will make them feel angry, sad, and disappointed, and they want to get their money back. Knowing the bankroll management will help them in any gambling game type, so they can have discipline while they play gambling.

[FlightyPouch]

Be positive about gambling, as long as we know what we are doing, we should be okay, even if we lose.

Perfectly said! as long as you are taking full responsibilities and you can absorbed those loses that may take place,
you are good to go and continue your journey to succeed.

That is what we need in gambling, but unfortunately, not many people will realize that. They will lose their responsibility in gambling, especially if they lose their money consecutively. It will make them feel angry, sad, and disappointed, and they want to get their money back. Knowing the bankroll management will help them in any gambling game type, so they can have discipline while they play gambling.

Before managing your bankroll, manage yourself first. Even though you have the plan to manage your finances, if you can't control yourself from gambling you might have a problem not following that plan. Bankroll is not the only thing you should control, yourself too should be controlled.

[Mauser]

Im agree with this never chase your losses one you lose you should know when to stop because the more you chase your lose the more eagerness you play and the more you play the more chances you lose again and again  it's my habbit to gamble but i know when to play or when to bet i only bet in sports and some of my profit in betting from sports i play it in some gambling site which if i can a bit i withdraw and then wait again for next sports where i can bet.

Well said and the problem with chasing losses is that once you are able to do it you will start thinking how easy it was and why not make some profits. On the other hand if you lose while chasing you will continue chasing the endless loop. You can see your loses and improve like if you are losing too much money on casino you can set smaller limits for casino and bet more on sports or vice versa but don't chase the losses.

Control your emotion to calm your mindset, if you lose that much it is really hard of course , but this is really good which is 1 bet at a time to make more chances in winning. sports is the best one when you do analyzing before betting.

Control will come only if you lose small amounts so keep lowering your bet size slowly and once you feel at a particular amount you don't get too upset with losses that is the best bet amount for you.

I fully agree with you, the key to successful bankroll management is always to bet in relation to your total bankroll. I learned this myself the hard way when I started with online poker, I had a few really good hands and made money and decided go move up the stakes. After running bad  then I got wiped out and had to start from scratch.

Placing our bets in relation to our losses or wins us just wrong, we need to minimise the risk of losing it all instead.

[kkaroul4]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

[bitterguy28]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

And that will keep you in vain talking about gambling mate because the more you eager chasing those losses are the careless you become in making decisions in betting.

Always have a new Plan and new mood when starting a day playing because at least the luck might seat beside you.

I'm done in something like that,to try winning back what i loss yesterday,instead i forget about that and welcome the new day.

[abhiseshakana]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

The biggest temptation when gambling is the desire to win, so it is very natural for a gambler to feel annoyed when s/he loses. This condition can make the emotions run out of control and it can trigger gamblers to chase losses.

Likewise, when the gamblers got a big win but they don't know when to stop (too greedy) or they can't control their emotions, then the wins can just vanish and end up in painful losses. And again this situation can cause gamblers to chase losses.

[newwest]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

I also do maintain the record of loses so that by end of month I know how much I ended up losing or in case if winning just for my knowledge purpose. This just helps as well to keep a check and not to overboard because at times it is easy to get carried away and without much realizing in some time addiction gets over you which I do not want to do it. So, this is the best what I feel to keep a check on it.

[Fredomago]

That is what we need in gambling, but unfortunately, not many people will realize that. They will lose their responsibility in gambling, especially if they lose their money consecutively. It will make them feel angry, sad, and disappointed, and they want to get their money back. Knowing the bankroll management will help them in any gambling game type, so they can have discipline while they play gambling.

Such emotions only leads you to keep losing more, if you are focused as you really wanted to succeed. There are lots of time that's needed to practice and perfect good strategy. The attitude of having luck is no longer effective, you need to think wiser and grab every opportunities that will led you to achieved.

First step, emotional control. Very important to learn when to stop, both winning and losing if you know where's your limitation it will allow you to cool down and take time to relax. Take little step at a time and you'll see improvement to your outcome.

[milewilda]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

The biggest temptation when gambling is the desire to win, so it is very natural for a gambler to feel annoyed when s/he loses. This condition can make the emotions run out of control and it can trigger gamblers to chase losses.

Likewise, when the gamblers got a big win but they don't know when to stop (too greedy) or they can't control their emotions, then the wins can just vanish and end up in painful losses. And again this situation can cause gamblers to chase losses.

Emotions is the greatest factor that do heavily affect on someones decision making on scenario that they do experience.This is why its really important that you are self-aware on situations you are into.
Secure profits while you are still winning and stop when you do lose up your money or entire bankroll and call it a day but we know that this isnt as simple as it sounds because lots will really fail.
Bankroll management is important if you do like to sustain yourself then better to be wise on handling out your finances or else then you will be bust out in a short time and that wont really
be fun at all because the main thing we do aim on doing gambling is to enjoy the games we do like to bet on.

[Maslate]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

I also do maintain the record of loses so that by end of month I know how much I ended up losing or in case if winning just for my knowledge purpose. This just helps as well to keep a check and not to overboard because at times it is easy to get carried away and without much realizing in some time addiction gets over you which I do not want to do it. So, this is the best what I feel to keep a check on it.

I would say it's a nice strategy, keep that record updated so you'll make a timely decision.
Don't be like other gamblers who count their winnings and forget their loses as that would result them to being surprised they already lose a lot.

Some gamblers also are so indiscipline, they rejoice winning just like they win everyday but when they lose they keep chasing their bet until it will result to a decision that they will regret the outcome, seen many of that and personally have experience that myself.

That's a real risk what I'm talking here if we gamble without the discipline in bankroll management.

[ReiMomo]

Everything that OP mentioned is true and ideal however the only thing that matters is if the bettors or the gamblers will be able to follow such behavior. In fact, most of us who do betting follow it for a while but later on due to greed and uncontrollable emotion we unconsciously change into something that we don't want to be prior to our gambling habits.

I guess I would appreciate all the things that OP provided because it can still remind us somehow on how to deal with our behavior towards gambling but it could still be more applicable if we always retain to our mind the greatest rule of all time and that is a gamble with the amount that you can only afford to lose.

[ethereumhunter]

That is what we need in gambling, but unfortunately, not many people will realize that. They will lose their responsibility in gambling, especially if they lose their money consecutively. It will make them feel angry, sad, and disappointed, and they want to get their money back. Knowing the bankroll management will help them in any gambling game type, so they can have discipline while they play gambling.

Such emotions only leads you to keep losing more, if you are focused as you really wanted to succeed. There are lots of time that's needed to practice and perfect good strategy. The attitude of having luck is no longer effective, you need to think wiser and grab every opportunities that will led you to achieved.

First step, emotional control. Very important to learn when to stop, both winning and losing if you know where's your limitation it will allow you to cool down and take time to relax. Take little step at a time and you'll see improvement to your outcome.

Indeed. If we can realize that playing gambling is like managing emotions and learn how to be patient, we will not get deeper into gambling. Instead, we will see that gambling is only a part of life which we don't have to play if we think it does not give benefit to us. We don't have to achieve something in gambling because the risk of losing money will be bigger. But if somehow we can achieve something like making money from gambling, that will be a bonus to us because the luck factor helps us. Calm down will be necessary for gambling, so we don't follow our emotions and make a rush in gambling.

[Janation]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

One of the most popular mistakes we've done in the past.

You already lost when you think of chasing for your losses, you should immediately stop if that became your goal. Our goal is to have fun, to be entertained while we risk our money into these games. I think we can also call that greedy since we are thinking we could take it all back and just take back the time lost with wins.

[Botnake]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

One of the most popular mistakes we've done in the past.

You already lost when you think of chasing for your losses, you should immediately stop if that became your goal. Our goal is to have fun, to be entertained while we risk our money into these games. I think we can also call that greedy since we are thinking we could take it all back and just take back the time lost with wins.

Well no, our goal should be to make money and have fun at the same time, that's being realistic man as no one would have fun if they lose their money in gambling, coming from me who gambles in different gambling sites and have done a lot of mistakes in gambling already.

Controlling your bankroll is a must, but the goal should be the win.

[Questat]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

One of the most popular mistakes we've done in the past.

You already lost when you think of chasing for your losses, you should immediately stop if that became your goal. Our goal is to have fun, to be entertained while we risk our money into these games. I think we can also call that greedy since we are thinking we could take it all back and just take back the time lost with wins.

Well no, our goal should be to make money and have fun at the same time, that's being realistic man as no one would have fun if they lose their money in gambling, coming from me who gambles in different gambling sites and have done a lot of mistakes in gambling already.

Same here, the goal is to make money, and I don't believe that a gambler would just say gamble for fun and that's it.
As a human, we are greedy by nature, so regardless of our bankroll size, we still want to win.

We only different on bankroll size and our approach on it, but we have one common goal which is to win.

Controlling your bankroll is a must, but the goal should be the win.

I know because sometime in the past I lost my control and everything goes bad, bankroll was wipe out in just minutes of playing.
Bad experience that I don't want to happen again.

[Ayiranorea]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

One of the most popular mistakes we've done in the past.

You already lost when you think of chasing for your losses, you should immediately stop if that became your goal. Our goal is to have fun, to be entertained while we risk our money into these games. I think we can also call that greedy since we are thinking we could take it all back and just take back the time lost with wins.

Well no, our goal should be to make money and have fun at the same time, that's being realistic man as no one would have fun if they lose their money in gambling, coming from me who gambles in different gambling sites and have done a lot of mistakes in gambling already.

Controlling your bankroll is a must, but the goal should be the win.

When your goal is win, first of all you need luck. If you're in good luck then everything will easily turn to be fun. Most of the time this can be achieved when one use gambling for fun, when one is focused on win, automatically if the first roll is a win he'll try to make a win by the consecutive roll. This is where one losses the control.

[Pamadar]

When your goal is win, first of all you need luck. If you're in good luck then everything will easily turn to be fun. Most of the time this can be achieved when one use gambling for fun, when one is focused on win, automatically if the first roll is a win he'll try to make a win by the consecutive roll. This is where one losses the control.

Things become ugly when you start to see losing streak.

Bankroll management is very important, knowing when to pause and take some air out of gambling site. Those who are capable
to limit  themselves can avoid bigger loses they need to have good capabilities stop then  play back when their mindsets are already fresh. It's not easy to quit but it's necessary to learned if you are aiming to win and survive in the long run.

[chaser15]

Bankroll management is very important, knowing when to pause and take some air out of gambling site. Those who are capable
to limit  themselves can avoid bigger loses they need to have good capabilities stop then  play back when their mindsets are already fresh. It's not easy to quit but it's necessary to learned if you are aiming to win and survive in the long run.

In other words, having a discipline.

Bankroll management will be effective if a gambler knows when to stop and not being carried away. You are right that once in a losing streak, things are now starting to get ugly and the bankroll might be depleted contrary to what's the plan.

And in sports betting, it's easy to manage the bankroll compare to when playing luck-based games.

[btc78]

Bankroll management is very important, knowing when to pause and take some air out of gambling site. Those who are capable
to limit  themselves can avoid bigger loses they need to have good capabilities stop then  play back when their mindsets are already fresh. It's not easy to quit but it's necessary to learned if you are aiming to win and survive in the long run.

In other words, having a discipline.

Or Self Control,Because this is what missing in every gamblers now,They are being Blinded of the desire Hitting Big win but the problem even how much they Get still will Find higher and higher ending being GREED.

Bankroll management will be effective if a gambler knows when to stop and not being carried away. You are right that once in a losing streak, things are now starting to get ugly and the bankroll might be depleted contrary to what's the plan.

And in sports betting, it's easy to manage the bankroll compare to when playing luck-based games.

Since Sportsbetting is Slow moving gambling compared to Luck Based that the roll Moves to fast and without noticing that you already lost everything in your pocket.

[Botnake]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

One of the most popular mistakes we've done in the past.

You already lost when you think of chasing for your losses, you should immediately stop if that became your goal. Our goal is to have fun, to be entertained while we risk our money into these games. I think we can also call that greedy since we are thinking we could take it all back and just take back the time lost with wins.

Well no, our goal should be to make money and have fun at the same time, that's being realistic man as no one would have fun if they lose their money in gambling, coming from me who gambles in different gambling sites and have done a lot of mistakes in gambling already.

Controlling your bankroll is a must, but the goal should be the win.

When your goal is win, first of all you need luck. If you're in good luck then everything will easily turn to be fun. Most of the time this can be achieved when one use gambling for fun, when one is focused on win, automatically if the first roll is a win he'll try to make a win by the consecutive roll. This is where one losses the control.

Who needs luck? I mean, if your goal is to win consistently, you don't focus on the luck, you focus on improving your skills because you will not choose a luck based game, instead you'll focus on skilled based type of games, like sports betting or card game such as poker game, I believe both can be mastered and it does not have a house edge.

[michellee]

Bankroll management is very important, knowing when to pause and take some air out of gambling site. Those who are capable
to limit  themselves can avoid bigger loses they need to have good capabilities stop then  play back when their mindsets are already fresh. It's not easy to quit but it's necessary to learned if you are aiming to win and survive in the long run.

In other words, having a discipline.

Or Self Control,Because this is what missing in every gamblers now,They are being Blinded of the desire Hitting Big win but the problem even how much they Get still will Find higher and higher ending being GREED.

Without self-control, a gambler will lose everything. They will not have a chance to see what is happening to them because they don't realize that they become greedy, especially if they already win some rounds. No matter how much money you have, without good management to control the money, they will lose all of their money. If they can apply the limitations in sports betting and don't use too big money in one bet, they will survive, and they will have a chance to win. But they need to have more info to choose the right player with a big opportunity to win the games.

[Janation]

I think I can do most of what the OP said but I think what I find difficult is the second one the one with the stop chasing losses usually I write down my losses and try to recover it but I think the OP is right we should not chase our losses.

One of the most popular mistakes we've done in the past.

You already lost when you think of chasing for your losses, you should immediately stop if that became your goal. Our goal is to have fun, to be entertained while we risk our money into these games. I think we can also call that greedy since we are thinking we could take it all back and just take back the time lost with wins.

Well no, our goal should be to make money and have fun at the same time, that's being realistic man as no one would have fun if they lose their money in gambling, coming from me who gambles in different gambling sites and have done a lot of mistakes in gambling already.

Controlling your bankroll is a must, but the goal should be the win.

That's nice hearing you're side.

I do gamble but for me it is an entertainment, a game to pass time and not to spend most of your money in there. I don't look at how I loss or win but how I enjoy my wages everyday, I don't do anything I open a site and do some wages. I even have WSOP app in my phone to do some bets but that is different since it does not include fiat or cryptocurrencies to wage.

[acquafredda]

Liking sports (especially football) very much I always tried to mix my passion with some money making. Following football allows me to be mostly on top of things with games, mostly Serie A, and I usually place a bet-slip when I can. My bankroll management is very simple, I decide how much to bet and I pick the games. I have had a small decent profit over the years but it was important not to turn this fun game into an addiction.
I also enjoy placing bet-slips because I pick the games with a few friends  

[rodskee]

Without self-control, a gambler will lose everything. They will not have a chance to see what is happening to them because they don't realize that they become greedy,

All of the addicted gamblers had no Self Control and they don't even know the Importance of Life because for them everything is a gamble.

They are Pure Hope and doing nothing concrete in life,So the end is Losing everything in Lif.

especially if they already win some rounds. No matter how much money you have, without good management to control the money, they will lose all of their money. If they can apply the limitations in sports betting and don't use too big money in one bet, they will survive, and they will have a chance to win. But they need to have more info to choose the right player with a big opportunity to win the games.

They think that since winning comes earlier then Luck will be with them the entire game.
Until Losing all money in their pockets and Going Home totally broken yet what's in mind?is How to Find another money to gamble.

[freedomgo]

Liking sports (especially football) very much I always tried to mix my passion with some money making. Following football allows me to be mostly on top of things with games, mostly Serie A, and I usually place a bet-slip when I can. My bankroll management is very simple, I decide how much to bet and I pick the games. I have had a small decent profit over the years but it was important not to turn this fun game into an addiction.
I also enjoy placing bet-slips because I pick the games with a few friends  

So how do you manage your bankroll actually?

What's the size of your bankroll? some gamblers put a decent amount of bankroll, for example a gambler has $10,000 bankroll and he will only bet $100 per bet regardless if he is so confident or not in the game, he stick with his plan because he is discipline in managing his bankroll.

Are you doing the same?

[jrrsparkles]

Bankroll management is very important, knowing when to pause and take some air out of gambling site. Those who are capable
to limit  themselves can avoid bigger loses they need to have good capabilities stop then  play back when their mindsets are already fresh. It's not easy to quit but it's necessary to learned if you are aiming to win and survive in the long run.

In other words, having a discipline.

Bankroll management will be effective if a gambler knows when to stop and not being carried away. You are right that once in a losing streak, things are now starting to get ugly and the bankroll might be depleted contrary to what's the plan.

And in sports betting, it's easy to manage the bankroll compare to when playing luck-based games.

With little experience we can manage our bankroll very well in sports betting, but choice of game also plays a role in it. Mostly people choose Soccer to bet which is easier mostly with low odds but the amount of rewards also will be less. Knowing the games and the players can help us to be more effective in gambling.

[FlightyPouch]

One of the most popular mistakes we've done in the past.

You already lost when you think of chasing for your losses, you should immediately stop if that became your goal. Our goal is to have fun, to be entertained while we risk our money into these games. I think we can also call that greedy since we are thinking we could take it all back and just take back the time lost with wins.

Well no, our goal should be to make money and have fun at the same time, that's being realistic man as no one would have fun if they lose their money in gambling, coming from me who gambles in different gambling sites and have done a lot of mistakes in gambling already.

Controlling your bankroll is a must, but the goal should be the win.

So true. Even though people are saying that it is just for entertainment, they can't avoid the fact that they are there to win, to earn some money or profit. It is up for us gamblers to control ourselves and the money we are betting. If they will just look at gambling as an entertainment without hoping they could earn money, I guess they could just do other things.

[GrinZ]

I see that there are many people who are concerned about money management, they try different ways to prevent this issue, but they always succumb to their ambitions. One of the main reasons for this is the logic of earning more, but a situation that is followed incorrectly, this subject content is also very informative.

[Fatunad]

One of the most popular mistakes we've done in the past.

You already lost when you think of chasing for your losses, you should immediately stop if that became your goal. Our goal is to have fun, to be entertained while we risk our money into these games. I think we can also call that greedy since we are thinking we could take it all back and just take back the time lost with wins.

Well no, our goal should be to make money and have fun at the same time, that's being realistic man as no one would have fun if they lose their money in gambling, coming from me who gambles in different gambling sites and have done a lot of mistakes in gambling already.

Controlling your bankroll is a must, but the goal should be the win.

So true. Even though people are saying that it is just for entertainment, they can't avoid the fact that they are there to win, to earn some money or profit. It is up for us gamblers to control ourselves and the money we are betting. If they will just look at gambling as an entertainment without hoping they could earn money, I guess they could just do other things.

When we do talk about main purpose then gambling is really just for entertainment purposes but its really hard to deny the fact that most of us are really longing on making profit via winning certain bets.
Bankroll management is one part that people should really be minding off because if you dont know on handling out your finances on gambling field then you would really bust up on a shortest time as possible.
The worst is that you might able to lost it all in one go if you do let yourself being too greedy.If you do like to entertain yourself then make those amounts to be worth it.
Even if you do lost then you do just simply move on since you had able to get on what you do seek for which is to enjoy.

[South Park]

It is not as hard as it seems once you realize the path of following your emotions and making a lot of huge bets leads you to a potential disastrous loss then it becomes easier to implement money management skills, especially if you have a system that can generate profits in poker or sports bets, obviously since we are humans and not robots we make mistakes but as long as we avoid making the mistake of not following our money management strategy regularly then we are going to be fine and keep earning money from our bets.

It will start from your purpose in gambling, if you re eager to make money and you are realistic with what you are doing, then I guess you'll eventually learn the proper way for money management or most popularly called as bankroll management.

Nothing is easy for sure, but as you continue with your journey and you keep learning, you'll certainly go at the right path.

Thing is, anyone can do the proper bankroll management, but the hardest here is to raise a decent amount of bankroll as that will dictate how much you are planning to win before you stop.

And now you bring a point that is not brought up that often but that it is very important, the size of your bankroll is key, bankroll management is not really going to work that well if your bankroll is too small, before you begin to gamble you need to raise your bankroll to a decent size, then you need to develop a strategy that is profitable in a game that can be beaten like poker or sports bets and then and only then you can apply the techniques to manage your bankroll so you can become profitable with your gambling activities.

[ronaldo40]

I know what bankroll management is just a pity that I never stick to my own rules and use my entire stake 

[stadus]

I know what bankroll management is just a pity that I never stick to my own rules and use my entire stake 

That's the problem, sometimes we know what to do but we don't implement, we just really need some kind of discipline in order to fully implement the right bankroll management, learning from our mistakes is also very important too. Me either is not so consistent with implementing my bankroll, and I can feel those who struggle as sometimes we have a hard time controlling our emotion.

[Twinkledoe]

I know what bankroll management is just a pity that I never stick to my own rules and use my entire stake  

That's the problem, sometimes we know what to do but we don't implement, we just really need some kind of discipline in order to fully implement the right bankroll management, learning from our mistakes is also very important too. Me either is not so consistent with implementing my bankroll, and I can feel those who struggle as sometimes we have a hard time controlling our emotion.

Because if you are already deep in your game, hard to implement your bankroll management anymore.   You will say to yourself, next time next time.   But it will always be that way. Unless, you put your funds that will be out of your reach. lol. Self-discipline is your enemy here not anyone else.

[fullhdpixel]

When your goal is win, first of all you need luck. If you're in good luck then everything will easily turn to be fun. Most of the time this can be achieved when one use gambling for fun, when one is focused on win, automatically if the first roll is a win he'll try to make a win by the consecutive roll. This is where one losses the control.

Things become ugly when you start to see losing streak.

Bankroll management is very important, knowing when to pause and take some air out of gambling site. Those who are capable
to limit  themselves can avoid bigger loses they need to have good capabilities stop then  play back when their mindsets are already fresh. It's not easy to quit but it's necessary to learned if you are aiming to win and survive in the long run.

Yeah, it can be avoided if you get in with that mindset and not redeposit your losses. I have been gambling since 2014 now and I did the same mistakes when I was gambling for the first time but I have never made the same mistakes since that moment. I can assure that I will not make it in the future neither.

Bankroll management is the most important part of every gamblers life, if you could somehow manage to give it all away right in your first moments, you are not going to be able to stop yourself from trying harder to regain, usually the idea that "if I lost it this quickly,  I can regain as quickly too" comes to some people's minds but the reality is they can lose it all again very quickly. So just play it long and spend as little amount of money as you can while gambling.

[Janation]

I know what bankroll management is just a pity that I never stick to my own rules and use my entire stake 

I am just knowing that reading this thread.

I've been betting myself in some online casinos and doing some strategies which is fun. I am not addicted to it, I can stop when I wanted to that is why I am thought itnwould be the same with other people, but it is not. We are in a hard times so I hope you could stick to that bankroll management, its for your own good.

[michellee]

Without self-control, a gambler will lose everything. They will not have a chance to see what is happening to them because they don't realize that they become greedy,

All of the addicted gamblers had no Self Control and they don't even know the Importance of Life because for them everything is a gamble.

They are Pure Hope and doing nothing concrete in life,So the end is Losing everything in Lif.

I admitted that what you say is right. It will be hard to have self-control in gambling because all they want to do is just playing gambling. Losing everything will be something that they will get if they don't have self-control, and they will not have a chance to recover their loss. As long as they don't realize what they need to do, they will face adversity in their lives.

especially if they already win some rounds. No matter how much money you have, without good management to control the money, they will lose all of their money. If they can apply the limitations in sports betting and don't use too big money in one bet, they will survive, and they will have a chance to win. But they need to have more info to choose the right player with a big opportunity to win the games.

They think that since winning comes earlier then Luck will be with them the entire game.
Until Losing all money in their pockets and Going Home totally broken yet what's in mind?is How to Find another money to gamble.

If they think like that, I am afraid that they will not get what they want because reality will sometimes be different from what we expect. Losing all of the money will be hard for them, and if they don't realize it, they will not feel anything except to search for another money to continue playing gambling.

[Lanatsa]

I know what bankroll management is just a pity that I never stick to my own rules and use my entire stake 

Common problem of most gamblers on where they don't have such limit when it comes to their own money and just simply stake it out all or type
of gambler who do love to go all in from time to time.

Well, we cant blame you though since its your money and you do have the full control of it but on the better side then it would be more worth
and entertaining if you do set out some minimum bet to prolong your game.

It might bore you out but this is effective on not to bust as early as possible.

[mirakal]

I know what bankroll management is just a pity that I never stick to my own rules and use my entire stake 

Common problem of most gamblers on where they don't have such limit when it comes to their own money and just simply stake it out all or type
of gambler who do love to go all in from time to time.

Well, we cant blame you though since its your money and you do have the full control of it but on the better side then it would be more worth
and entertaining if you do set out some minimum bet to prolong your game.

It might bore you out but this is effective on not to bust as early as possible.

There are gamblers like that, like me, lol----

Sometimes when I'm frustrated I also do all in, the thrill is very high, you'll be happy when you win but you are will be so disappointed when you lose.
I don't like that kind of feeling as it will only affect my future bets, and that's being reckless which will lead to still losing in the long run, our bankroll will not stand long hence it's not ideal.

[acquafredda]

Liking sports (especially football) very much I always tried to mix my passion with some money making. Following football allows me to be mostly on top of things with games, mostly Serie A, and I usually place a bet-slip when I can. My bankroll management is very simple, I decide how much to bet and I pick the games. I have had a small decent profit over the years but it was important not to turn this fun game into an addiction.
I also enjoy placing bet-slips because I pick the games with a few friends  

So how do you manage your bankroll actually?

What's the size of your bankroll? some gamblers put a decent amount of bankroll, for example a gambler has $10,000 bankroll and he will only bet $100 per bet regardless if he is so confident or not in the game, he stick with his plan because he is discipline in managing his bankroll.

Are you doing the same?

Not even that man! I am playing really for fun only. I usually bet something like 10 EUR per bet-slip with an expected profit of 250/500 on average when playing from 5 to 7 games. I would never even think of betting all that much! 

[ethereumhunter]

Sometimes when I'm frustrated I also do all in, the thrill is very high, you'll be happy when you win but you are will be so disappointed when you lose.
I don't like that kind of feeling as it will only affect my future bets, and that's being reckless which will lead to still losing in the long run, our bankroll will not stand long hence it's not ideal.

I guess many gamblers do what you did

Frustration will be at the gambler's side, especially when they lose many times before. They don't even think to stop playing, but they play more than before. If we can not control ourselves, we will hard to stop because we want to get the money back, and we hope that we can win a lot of money. In the long run, it is not many gamblers who can survive and get their money. It is happening not just in sports betting, but it is also happening in other gambling games.