Winning Wisely: Strategies to Protect Your Bankroll

[goldkingcoiner]

When luck isn't on your side, consider an immediate pause to prevent further losses

This will really save a lot of money from gambler if they will apply this. I observed that many gambler is indeed losing due to not being patient and chasing the huge win even though they are not lucky with their current bet result.

I was a victim of this too when I have consistent lose streak while I’m doing martingale strategy. I keep chasing and chasing until my bankroll deplete then my last roll using a penny bet makes it a win which will be a huge profit if I still have a bankroll to cover my strategy. My whole bankroll will be safe if Just didn’t push my luck to the limit and just pause for the day.

What is required for this strategy to succeed in the first place is utmost and unwavering discipline. That is something that most gamblers do not have, and do not really want. At least in my experience. People gamble just for the hell of it and they have this small tiny hope that they will walk away much richer than when they entered the casino. Of course it's just in the nature of gambling games to make you forget about how risky it is and how much money you can lose. Thats really what the loud music and flashy game-play is for. To distract you a little from reality.

[Pmalek]

The martingale method may apply if we bet on sports betting and cards. Because at least we have analysis and predictions that don't just rely on luck, but also predictive analysis that can support victory when betting. Whereas in other games such as lottery and slots, I believe this cannot be implemented. Remembering that winning is random, often in 10+ spins, we never get a win even for once. Also if we can win, we could win only 50% or lower than the bet we made. So, don't try to apply martingale to gambling that only relies on luck.

Martingale is dangerous because it requires a significant bankroll to keep you going in case of a series of losses in a row. If you aren't lucky, you'll have to give up and leave empty-handed even if you bet on something where the odds are close to 50/50 like Odd/Even on roulette. Another danger is that the next time you have to double the money to continue the streak, it will be an amount that exceeds the casino's maximum betting limit. 

[3kpk3]

What is required for this strategy to succeed in the first place is utmost and unwavering discipline. That is something that most gamblers do not have, and do not really want. At least in my experience.

Logically, Martingale never works in the long-term just like any other gambling strategy out there thanks to the house edge. It does work only in the short-term though it's still not recommended since it's a negative progression strategy.

It's a classic strategy to help the house win again and again(Not the gamblers) frankly speaking.

[Juse14]

Gambling is not a paradise for profits, but if we are determined to get big wins in gambling and get big profits from the gambling we play, then what we need to do is to make the most of the winnings as business capital, for example, or you can invest. the money and part of it is saved to answer urgent needs. You need to do these things to prevent your money from going back to gambling in its entirety so that the money cannot be utilized as well as possible and you cannot enjoy it for anything other than gambling.

[fullhdpixel]

I have created a pdf of this rule for me which I am sharing with you. I hope you find it useful.

The title should have been: Gambling Wisely: Strategies to Protect Your Bankroll.

I say that because there is basically no strategy or anything that can make you win more than what you are destined to win, all these points and strategies or plans can only save one from excessive losses and they are not to make one keep winning, so it shouldn't be called "Winning Wisely" because these points are not surrounding that area. I also believe that someone who gambles wisely and keeps themselves safe from excessive losses is already doing great.

The points are all good and on point, and those who want to practice responsible gambling should follow them, especially the ones that say that one shouldn't try and exceed a certain limit when they can clearly see that they are constantly losing because it simply means that your luck isn't working and gambling is all about that.

[Doan9269]

What is required for this strategy to succeed in the first place is utmost and unwavering discipline. That is something that most gamblers do not have, and do not really want. At least in my experience.

Logically, Martingale never works in the long-term just like any other gambling strategy out there thanks to the house edge. It does work only in the short-term though it's still not recommended since it's a negative progression strategy.

It's a classic strategy to help the house win again and again(Not the gamblers) frankly speaking.

We can agree with me that not every strategies work with all games we play while gambling, which also indicates that people make use of various means to ensure that they get their required result while gambling, also after everything said had been done, it takes them luck to also appears as the lucky gambler to win, however, being a gambler, we must not be too focused on one way view from how we gamble wether for winining or not, our level of discipline, knowledge and skills all work also together with the tendencies for winning when gambling.

[Yatsan]

What is required for this strategy to succeed in the first place is utmost and unwavering discipline. That is something that most gamblers do not have, and do not really want. At least in my experience.

Logically, Martingale never works in the long-term just like any other gambling strategy out there thanks to the house edge. It does work only in the short-term though it's still not recommended since it's a negative progression strategy.

It's a classic strategy to help the house win again and again(Not the gamblers) frankly speaking.

We can agree with me that not every strategies work with all games we play while gambling, which also indicates that people make use of various means to ensure that they get their required result while gambling, also after everything said had been done, it takes them luck to also appears as the lucky gambler to win, however, being a gambler, we must not be too focused on one way view from how we gamble wether for winining or not, our level of discipline, knowledge and skills all work also together with the tendencies for winning when gambling.

Not all strategies ‘coz some has no absolute basis or those which probably happened due to coincidence; one example is betting hours wherein some are having thoughts that there is a betting timeframe wherein most of the gamblers are winning, however, this is not true based on my experience. While other strategies are not to secure a win but rather minimize the tendency of losing continuously such as with multiple bets and the likes. All strategies could work but never expect for a definite result simply because this is gambler and nothing is too certain. Luck will always take place in every bet no natter how confident you are for a better outcome. Of all the strategies I’ve seen, the best ones are those which helps a player to set a limit or to minimize the risk ‘coz it would be much better to be prepared of the worse than to expect that much which can temp you to bet more and lose more by pushing your luck ‘til it hits.

[carlfebz2]

What is required for this strategy to succeed in the first place is utmost and unwavering discipline. That is something that most gamblers do not have, and do not really want. At least in my experience.

Logically, Martingale never works in the long-term just like any other gambling strategy out there thanks to the house edge. It does work only in the short-term though it's still not recommended since it's a negative progression strategy.

It's a classic strategy to help the house win again and again(Not the gamblers) frankly speaking.

We can agree with me that not every strategies work with all games we play while gambling, which also indicates that people make use of various means to ensure that they get their required result while gambling, also after everything said had been done, it takes them luck to also appears as the lucky gambler to win, however, being a gambler, we must not be too focused on one way view from how we gamble wether for winining or not, our level of discipline, knowledge and skills all work also together with the tendencies for winning when gambling.

Not all strategies ‘coz some has no absolute basis or those which probably happened due to coincidence; one example is betting hours wherein some are having thoughts that there is a betting timeframe wherein most of the gamblers are winning, however, this is not true based on my experience. While other strategies are not to secure a win but rather minimize the tendency of losing continuously such as with multiple bets and the likes. All strategies could work but never expect for a definite result simply because this is gambler and nothing is too certain. Luck will always take place in every bet no natter how confident you are for a better outcome. Of all the strategies I’ve seen, the best ones are those which helps a player to set a limit or to minimize the risk ‘coz it would be much better to be prepared of the worse than to expect that much which can temp you to bet more and lose more by pushing your luck ‘til it hits.

Trying to push your luck on something will really be just making you that desperate and we know that this type of behavior is never been a good thing here on this space on which it is already that recommended that you should really be setting out limits and having that good control in towards your betting or else then you would really be keeping on trying out to make a certain strategy to work and sticking into it until the very end until you would be finding yourself that losing up that much. One of the most common mistake is that on making with those patterns because if you dont really make yourself that realize that there's no such thing about those patterns then you would really be keeping on coming back until you would be proving out that it does work but we know the fact that it wont really be giving out that precise result or outcome.

Everything would really be random and being lucky does really play a great role on the time that you would really be dealing with gambling thing. This is why it would really be always that recommended
that you should really be sticking with those realistic approach rather than on making yourself that delusional because if you do have this kind of belief and sticking into it until the very end
then expect that outcomes would really be that a shit.

[Ojima-ojo]

This is another thread that reiterates the luck factor in gambling and I agree with this. Most of the points listed are what have come up here and gamblers who are experienced keep to them.

Luck is a basic factor in gambling that have been overly and repeatedly discussed on multiple occasions, this is so because luck have inddedd played a significant role in our gambling life as far as winning is concern, alot of time we have resulted into depending on the luck factors to win mostly in sport bet.


Although we have not been so relying on luck alone in some inhouse games that requires some. Level of skills to win them at some point.

Like you mentioned about luck, some times when playing and losing in gambling, we need to listen to that third voice that tells us to quit or exit for the main time and that is what to follow to avoid further loses when we keep playing. The luck factor is always there while gambling and when it is not going our way then we have to stay out. Staying out helps to get us to reorganize, plan and relaunch again with a clear mind and not for the shake of chasing what we have lost.

Having an exit point is one sure way to stay ahead of persistent loses, since if gambling is not done with limits, it can lead to a more regrettable state of things that can hot the entire process a session.

[SamReomo]

When luck isn't on your side, consider an immediate pause to prevent further losses.

That's 100% true and I always say that to the gamblers that when your luck is not favoring you then you should stop placing any more bets. Sometimes we win 10 to 20 bets in sequence while other times we lose even more than 20 bets in sequence and all those happen due to our luck only. Some days we get so lucky and on such days we win no matter what but on the other days we lose because our luck doesn't favor us on such days. Gambling is mostly dependent on someone's luck and if someone finds out their lucky days then they will win no matter if they place stupid bets.

[Odusko]

Gambling is not a paradise for profits, but if we are determined to get big wins in gambling and get big profits from the gambling we play, then what we need to do is to make the most of the winnings as business capital, for example, or you can invest. the money and part of it is saved to answer urgent needs. You need to do these things to prevent your money from going back to gambling in its entirety so that the money cannot be utilized as well as possible and you cannot enjoy it for anything other than gambling.

For the fact that casino have it house edge that make winning almost impossible unless on rare occasions that is why gamblers depend on the lick to keep the winning stride and any point in time, and that is the reason why gambling without restrictions only leads to losses that can not be overly bear in most cases and that why we advice to make a limit to our gambling activities.
Taking gambling as a means of making an income or profit is a wrong thing to do and will be unrealistic to make thay happen in most cases and so we have to limit per time on how we gamble.

[ryzaadit]

To many threads like these.

I think, we need action while you are using all of these kind suggestion. Like, make a thread experience gambling for the next 2-3 weeks using the method and sharing us the progress.

I more happy to see thread like these, rather than to much theory.

[Sandra_hakeem]

I have created a pdf of this rule for me which I am sharing with you. I hope you find it useful.

• Maintain a sensible approach. Avoid chasing excessive profits that could lead to a complete loss.

I just wanna talk about rule one ...
You seee, alot of times, peeps have been making speculations technically, and at the end of the day, it cuts! Let's say they wagered on 5 games and 4 came forth - initially, the potential wins for the 5 games was like 5 grand but on the cashout, it'll definitely reduce to say - 1900... Now someone in his right sense should make good use of the cashout button..but no! They gonna wait for the game to produce completely 5 grands....now, what if it doesn't?? _{cus, mostimes it doesn't!}
I think this is basically for peeps of this Calibre.

Sandra 🧑‍🦰

[Agbe]

Your write up is an average length of writing. And I glanced through your points and my comment is that your point one is nice but according to some gamblers, the more you increase your wagering and stake the more you win bigger and that has caused big losses. And that point can also be use as trading as well. When you plan to win big instead of winning little by little they want to take all at once. And as you said, that is greediness. Yes if you loss some days and win more days then it is a good game plan. Because it is not good to win always because at that the casino will loss a lot. Some people do not even know when they are out of luck. Lolz, gamble wise. Use wisdom in the gambling process.

[livingfree]

Maintain a sensible approach. Avoid chasing excessive profits that could lead to a complete loss.

IMHO, if you're in the right time and luck is obviously on you. Take that moment and cherish that until you ran out of it.

Oppositely, do not chase your losses but as for your winning times. You only need to follow and continue while you can see that it's still there. Because if it's no longer there, that's the time that you should avoid chasing it.

The signs are there like you're on a losing streak then that means that you're no longer lucky.

[lionheart78]

The martingale method may apply if we bet on sports betting and cards. Because at least we have analysis and predictions that don't just rely on luck, but also predictive analysis that can support victory when betting. Whereas in other games such as lottery and slots, I believe this cannot be implemented. Remembering that winning is random, often in 10+ spins, we never get a win even for once. Also if we can win, we could win only 50% or lower than the bet we made. So, don't try to apply martingale to gambling that only relies on luck.

Martingale is dangerous because it requires a significant bankroll to keep you going in case of a series of losses in a row. If you aren't lucky, you'll have to give up and leave empty-handed even if you bet on something where the odds are close to 50/50 like Odd/Even on roulette. Another danger is that the next time you have to double the money to continue the streak, it will be an amount that exceeds the casino's maximum betting limit. 

Martingale method is really dangerous if it is used in a chance based game but I also think that the martingale strategy is very effective in a game where skill can dominantly predict the result of the game.  Since sports betting relies more on skill, using martingale strategy can really enhance the chance of recovering losses and possibly ending up with some wins.

To many threads like these.

I think, we need action while you are using all of these kind suggestion. Like, make a thread experience gambling for the next 2-3 weeks using the method and sharing us the progress.

I more happy to see thread like these, rather than to much theory.

This is an interesting suggestion but obviously, each person will have a different result when we talk about winnings but if we talk about the effect of the listed suggestions by @OP, I believe it will have the same result as responsible gambling.  But there is no way to protect our bankroll but to prolong them, since at the end of the day we will end up losing them unless we quit while we are still in profit.

[lienfaye]

Maintain a sensible approach. Avoid chasing excessive profits that could lead to a complete loss.

IMHO, if you're in the right time and luck is obviously on you. Take that moment and cherish that until you ran out of it.

Oppositely, do not chase your losses but as for your winning times. You only need to follow and continue while you can see that it's still there. Because if it's no longer there, that's the time that you should avoid chasing it.

The signs are there like you're on a losing streak then that means that you're no longer lucky.

That's what i'm doing, whenever I find myself lucky on the certain game, I just take advantage the moment because it's rare. So I keep playing until a signal hits me to stop and that is when I already lose the bet twice. However, one can't do this if you have no contentment on the profit you've made already.

Well anyway, we have different style on how we gamble. But what matter here is you know how to manage your emotion and your bankroll to play longer, but it doesn't mean you'll exceeds to your set budget. Just know your limit so that you can gamble in moderation.

[cafter]

That's what i'm doing, whenever I find myself lucky on the certain game, I just take advantage the moment because it's rare. So I keep playing until a signal hits me to stop and that is when I already lose the bet twice. However, one can't do this if you have no contentment on the profit you've made already.

Deciding when to stop playing can be difficult, whether you win or lose. It's easy to get caught up in the excitement and not want to give up. It's important to be responsible.
Setting a limit  before starting and sticking to it is a wise decision. Whether you win or lose, knowing when to walk away is important.
This shows you make wise choices and  care about your money and emotions.

[Hirose UK]

The martingale method may apply if we bet on sports betting and cards. Because at least we have analysis and predictions that don't just rely on luck, but also predictive analysis that can support victory when betting. Whereas in other games such as lottery and slots, I believe this cannot be implemented. Remembering that winning is random, often in 10+ spins, we never get a win even for once. Also if we can win, we could win only 50% or lower than the bet we made. So, don't try to apply martingale to gambling that only relies on luck.

Martingale is dangerous because it requires a significant bankroll to keep you going in case of a series of losses in a row. If you aren't lucky, you'll have to give up and leave empty-handed even if you bet on something where the odds are close to 50/50 like Odd/Even on roulette. Another danger is that the next time you have to double the money to continue the streak, it will be an amount that exceeds the casino's maximum betting limit. 

Martingale method is really dangerous if it is used in a chance based game but I also think that the martingale strategy is very effective in a game where skill can dominantly predict the result of the game.  Since sports betting relies more on skill, using martingale strategy can really enhance the chance of recovering losses and possibly ending up with some wins.

In fact there is no strategy that can guarantee gambler to win and the martingale strategy itself is strategy with sufficient financial supporting factors or large amounts because in each bet you have to increase the number of bets with the aim that when you win you can get relatively large but strategies such as this is not recommended for gamblers who only have small capital because you can lose all your capital in just one type of bet.
If you want to try it again then try with larger amount of each bet for this strategy so you can find out how great the martingale strategy is in spending your money more quickly.

To many threads like these.

I think, we need action while you are using all of these kind suggestion. Like, make a thread experience gambling for the next 2-3 weeks using the method and sharing us the progress.

I more happy to see thread like these, rather than to much theory.

This is an interesting suggestion but obviously, each person will have a different result when we talk about winnings but if we talk about the effect of the listed suggestions by @OP, I believe it will have the same result as responsible gambling.  But there is no way to protect our bankroll but to prolong them, since at the end of the day we will end up losing them unless we quit while we are still in profit.

I think we will all agree with what @ryzaadit said that it would be better and more interesting if the OP himself carried out the development of the strategy he conveyed in the next few weeks and then came back again to tell us how the strategy was developing then this would be much better useful because we can also try to use it without any doubt.

[blckhawk]

Thank goodness you don't have any PDF links in there given that you can use those to hack into people's computers without them knowing a thing or two about it. Also, it's kind of hard to believe on what you're saying OP given that you have a flag on your account and most of the advice that you've listed are all just basic knowledge and common sense so there's nothing original is in there.