Know what bankroll management is in sports betting?

[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.