Your betting budget

[freedomgo]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I have set aside my gambling budget and I don't exceed that limit in any case as this is what I afford to lose without any financial burden.So this gambling budget varies depending on my expenditures for the month as miscellaneous expenses may rise sometimes and I cut my this budget to balance the equilibrium.Small gamblers can apply this strategy and always set their limits so as to avoid any further problems.

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

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[KTChampions]

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

[Hamphser]

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Agree with this.

Majority of players or gamblers would definitely be cherishing out their balance as long as possible but there are some who do really make out one all yolo bet and hoping for some big hits

but for sure they would really still continuing to play and believe that they would have the same luck as earlier until they do bust up.Something new? no its not and this is why

gambling business is profitable coz people doesnt really get easily contented on what they do earn not only in terms of money but also into the leisure that they do get.

[tippytoes]

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Using 100 bucks in a single bet is a very risky one. Unless, you are very sure about the results of the game. I still prefer the gradual increase, at least I know, I can't lose $100 in one bet. Anyway, gamblers have different preferences when it comes to their game. Some want to enjoy their game so they will use those $100 in various matches or games. And you will be very lucky if you can get your $100 to even a thousand dollars.

[LUCKMCFLY]

some people are betting just for fun , there is sometime free money like bonus from casino little sums but just for fun because gambling is not good way for making money , the risk of gambling is ,for many people, gambling is harmless fun, but it can become a problem , because problem gambling is harmful to psychological and physical health. People who live with this always have those bad thing , You should not rely on gambling as a source of living

You are right, in fact I am one of the people who enjoys a lot about slots, I play them to be able to de-stress, but I really do not have much money to do it, I learned that to play I need to have a part of myself I go out to lose it, hence I do not allow myself to lose more.
When I lose it, that money does not hurt me, because I use it for fun, if I win then it is phenomenal. The control that must be had in the money must be the main thing that must be taken in ceunta, this to avoid falling into vice.

[CryptocurencyKing]

I for one, I do ensure I'm very much aware of my spending too @OP. Not like I take the time you do in doing a complete check over my account and relate it to my expenses while, running allocations for the month ahead. What I do is rather different and more of quantifying stuffs in my head, making sure that there is enough or as much as needed cash to meet up with other needs or wants mean while, I ensure that the things i pay for or purchase are actually things that would be useful in the long run or things I needed for a purpose.

Gambling funds are merely considered because I don't do much of it lately. Each time I gamble, its just for the fun of it and often due to the fact that, I find myself at a spot where the gambling is been done but still, I stake with amounts that I don't have to think twice about if its lost. That way, my gambling is safe.

[Saint-loup]

some people are betting just for fun , there is sometime free money like bonus from casino little sums but just for fun because gambling is not good way for making money , the risk of gambling is ,for many people, gambling is harmless fun, but it can become a problem , because problem gambling is harmful to psychological and physical health. People who live with this always have those bad thing , You should not rely on gambling as a source of living

Gambling is harmful for the physical health?   Where have you seen that please? What are your sources for such a bold statement? Moreover why are you promoting a gambling site if you think gambling is harmful to psychological and physical health as you say? I've never heard that gambling could be noxious to physical health and for the psychological part, if you have a good bankroll management there is no reason to get hurt. BTW how do you manage your betting budget as asked by the topic?

[BuNga_cute]

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Using 100 bucks in a single bet is a very risky one. Unless, you are very sure about the results of the game. I still prefer the gradual increase, at least I know, I can't lose $100 in one bet. Anyway, gamblers have different preferences when it comes to their game. Some want to enjoy their game so they will use those $100 in various matches or games. And you will be very lucky if you can get your $100 to even a thousand dollars.

For me the money of $100 is very big, so there is no way I can use $100 in one bet. I'm not ready to lose $100 in one bet, but for rich people
it's not a problem to spend $100 in one bet. I need to adjust my finances to the way I gamble, so I will use $100 in multiple bets. I'm also one of
those people who like to get profit gradually, It's true that a large bet amount can get a big profit too. But the risk is also greater, the conclusion is
that everyone has their own gambling style, I also wouldn't blame gamblers using $100 in one bet.

[Saint-loup]

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Using 100 bucks in a single bet is a very risky one. Unless, you are very sure about the results of the game. I still prefer the gradual increase, at least I know, I can't lose $100 in one bet. Anyway, gamblers have different preferences when it comes to their game. Some want to enjoy their game so they will use those $100 in various matches or games. And you will be very lucky if you can get your $100 to even a thousand dollars.

For me the money of $100 is very big, so there is no way I can use $100 in one bet. I'm not ready to lose $100 in one bet, but for rich people
it's not a problem to spend $100 in one bet. I need to adjust my finances to the way I gamble, so I will use $100 in multiple bets. I'm also one of
those people who like to get profit gradually, It's true that a large bet amount can get a big profit too. But the risk is also greater, the conclusion is
that everyone has their own gambling style, I also wouldn't blame gamblers using $100 in one bet.

Why would you blame them? They don't ask you anything and they don't need your judgement. Moreover you're part of a pretty well paid campaign for a casino so you shouldn't be so poor if you are able to save some money from your bounties. Usually it's recommended to bet less than 10% of your bankroll in one single bet. It means you just need to get a 1000$ bankroll to be able to bet 100$ in one bet without being an "irresponsible gambler".

[KTChampions]

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Using 100 bucks in a single bet is a very risky one. Unless, you are very sure about the results of the game. I still prefer the gradual increase, at least I know, I can't lose $100 in one bet. Anyway, gamblers have different preferences when it comes to their game. Some want to enjoy their game so they will use those $100 in various matches or games. And you will be very lucky if you can get your $100 to even a thousand dollars.

I understand you, and I don't play that way either, I prefer many small bets than one big one. But mathematically speaking, the chances of winning with one bet are much greater than by making many small ones. Roughly speaking, long-distance loss is guaranteed, and a single bet can bring victory.

[Oshosondy]

I understand you, and I don't play that way either, I prefer many small bets than one big one. But mathematically speaking, the chances of winning with one bet are much greater than by making many small ones. Roughly speaking, long-distance loss is guaranteed, and a single bet can bring victory.

When I gamble just for fun, using only just 2% of my weekly income, I bet on any game. It really surprised me when I bet on correct score that I won one day, but it was just a complete luck. I gamble for for, I bet on weak team to win strong team at times, especially when I know the strong team are not playing good. I have tried small odds too, they are better, but this can lead to someone to bet more frequently, there could be many small winings, but single loss can take all the money and result to loss, but playing it not often can let it be fun and a way to gain.

[AhmadM]

For me the money of $100 is very big, so there is no way I can use $100 in one bet. I'm not ready to lose $100 in one bet, but for rich people
it's not a problem to spend $100 in one bet. I need to adjust my finances to the way I gamble, so I will use $100 in multiple bets. I'm also one of
those people who like to get profit gradually, It's true that a large bet amount can get a big profit too. But the risk is also greater, the conclusion is
that everyone has their own gambling style, I also wouldn't blame gamblers using $100 in one bet.

Blaming the others because they have higher base bets? There must be something off with your head if you really do that or you are just jealous if there's someone who has better conditions than you. Everyone have different incomes and financial problems, of course when come to gambling budget or bet amounts it'd supposed to be different too. There is no one force you to follow what high rollers did, so don't bother with them and just doing your gambling habbits as usual with the money that you could afford to lose.

[AicecreaME]

Way back then when I was still playing gambling, I only spend the extra money I get from an airdrop, like spending $10-$20 whenever I feel like to play gambling just to have a pastime because I'm bored. I never go beyond that, because I know that no matter how big I spend in gambling, if I don't know how to play productively, I will always lose that money, and I don't want that to happen, that's why I rarely play gambling way back then.

[robelneo]

 Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Who would want to play with one bet even if that one bet wins me thousands of dollars, I'd like also to go through the process of losing, winning, and having excitement chasing my losses, it's something we all want to go through until all our allocation is over or losses, I want to start small and go big when I am winning, we want that excitement to get over us when we are playing and hoping our allocation is enough to get us there.

[Lorence.xD]

Way back then when I was still playing gambling, I only spend the extra money I get from an airdrop, like spending $10-$20 whenever I feel like to play gambling just to have a pastime because I'm bored. I never go beyond that, because I know that no matter how big I spend in gambling, if I don't know how to play productively, I will always lose that money, and I don't want that to happen, that's why I rarely play gambling way back then.

I wish I have that kind of restraint back then, I spend a lot of money in gambling, even though I go home winning, I only use those wins to play again all of it until it's depleted. Good thing I was past that and I was able to make some changes in my life.

[KTChampions]

 Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Who would want to play with one bet even if that one bet wins me thousands of dollars, I'd like also to go through the process of losing, winning, and having excitement chasing my losses, it's something we all want to go through until all our allocation is over or losses, I want to start small and go big when I am winning, we want that excitement to get over us when we are playing and hoping our allocation is enough to get us there.

Different people have different approaches to games. Several years ago I had experience playing offline poker and I met people who always played according to the same algorithm: literally several hands and they bet allin preflop. I got the impression that they didn't want to enjoy the game, they just wanted to know whether they were lucky that day or not.

[Kittygalore]

I don't put a lot of money on gambling plus the minimum is the lowest amount in coins is used in the casino that I am playing plus I can also put my money on another bet and make the bet of the other player much higher and in return I get a cut.

[bitterguy28]

Way back then when I was still playing gambling, I only spend the extra money I get from an airdrop, like spending $10-$20 whenever I feel like to play gambling just to have a pastime because I'm bored. I never go beyond that, because I know that no matter how big I spend in gambling, if I don't know how to play productively, I will always lose that money, and I don't want that to happen, that's why I rarely play gambling way back then.

I wish I have that kind of restraint back then, I spend a lot of money in gambling, even though I go home winning, I only use those wins to play again all of it until it's depleted. Good thing I was past that and I was able to make some changes in my life.

At least you've learned your lesson now? that is the most important part "Our Maturity" because more than everything it is our experience that teaches us to be more practical and never lose your attitude towards becoming addicted.
when i start gambling i also do the same mistakes but over the year i learn and comes to the conclusion that whatever i do it is always that gambling will win over us.

[mirakal]

I don't put a lot of money on gambling plus the minimum is the lowest amount in coins is used in the casino that I am playing plus I can also put my money on another bet and make the bet of the other player much higher and in return I get a cut.

It's considered a lot if you bet higher than your budget, and I don't think it's right to go beyond your budget as it's too risky, in gambling, you win, you lose, that's the only two outcomes, so always be smart and always know how to manage the risk. There's no room for us in gambling if we are careless and yet we want to be successful, we should make a strategic approach, no an approach that is based on luck.

[Fredomago]

I don't put a lot of money on gambling plus the minimum is the lowest amount in coins is used in the casino that I am playing plus I can also put my money on another bet and make the bet of the other player much higher and in return I get a cut.

It's considered a lot if you bet higher than your budget, and I don't think it's right to go beyond your budget as it's too risky, in gambling, you win, you lose, that's the only two outcomes, so always be smart and always know how to manage the risk. There's no room for us in gambling if we are careless and yet we want to be successful, we should make a strategic approach, no an approach that is based on luck.

Most of the time luck isn't there behind you, if you don't have any good strategy for sure you'll lose a lot of money.

Gambling is for those who are responsible, gambler who knows how to take care of the risk and have a good money managements, that kind of gamblers have a huge chance to enjoy and win from this venue of activities.

Set your budget and make sure to keep following what you set and try your best to increase your capital.