Which one you are good at?

[angrybirdy]

Hello! I'd like to pose a question to my fellow gamblers here. Since the topic of sports betting has been gaining attention recently, allow me to ask:

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

And, how has it been going so far? Are you profitable or not, and why?

It's giving me a realization as of now, I think I'm good at managing my bank roll, because I can manage my spending habits and I always set an allocation on how much should I spend in placing bets. Am I profitable by doing it? Yes because once I won,  I immediately save money for my gambling activity then the rest is for my own savings.

[Weawant]

Hello! I'd like to pose a question to my fellow gamblers here. Since the topic of sports betting has been gaining attention recently, allow me to ask:

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

And, how has it been going so far? Are you profitable or not, and why?

Personally I place more relevance on my bankroll because that's the only way to still remain in business, if I run out of funds, I definitely wouldn't be able to continue gambling so I try to manage my bankroll and know when not to continue and when to stop, I set daily target and budget which I try not to exceed regardless the out comes for the day.

Picking the right option is really great and give a good sense of satisfaction to the gambler when they attained such level of accuracy with their picks, but then gambling is full of too many uncertainties so you can never be too careful or very accurate in most cases as it is a game of probability, but if your bankroll is well protected, you can still stay in business regardless of the outcome. For a fact bit skill if very important so as to enable profitability, managing your bankroll properly and been able to make correct picks will keep you profitable in gambling, you are at a better advantage when you can do both but personally I'm good and managing my bankroll a d it has so far kept me profitable and helped me stay longer in the game.

[EluguHcman]

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?.

Personally I am better of managing my gambling bankrolls because I believe that winning in gambling is more leaned on the lucky days or gamblers grace (luck) to win.
So chasing after a right bet without considering the bankroll could erupt an adjective bankrupt.
As long as I know, money in my bank account is an assured achievement other than that of gambling that is at a highly level of 99% possibilities to be lost.

And, how has it been going so far? Are you profitable or not, and why?

I am profitable in managing my bankroll because I could set-up a gambling budget and maintains a responsible and reputable gambling.

[Marvelman]

I haven't turned a profit with either sports gambling or casino games lately.  That said, I've definitely lost more money overall playing casino games than betting on sports. There's that temptation of going for the big payout instead of protecting your bankroll.  I think thats an issue almost all gamblers grapple with though - we get seduced by those ideas of striking it rich quick and end up trying to make giant scores instead of playing a sustainable reasoned long game.

[Outhue]

I am very good at two things in gambling, one is me walking away after I win and me never risking more than I can afford to lose in gambling.

I remember the last time I won, I use $5 to win $2200 and there was also a time I use $25 to win $1500, I walked away immediately and I used the money to pay my cable bills for the next one year in advance, this happened in 2022.

Not knowing when to take your leave is the biggest disease you can have in gambling, this whole gambling idea was never created to make anyone rich, it's created to get you hooked for more and keep playing over and over for massive money.

[piebeyb]

I think both are good and necessary for each other in gambling. I am happy with choosing the right bet, but on the one hand, when gambling, I also have to be able to manage my finances well. In the end, many people can't manage their money well or limit their budget, making gamblers even wilder to the point of going overboard. limits and also cannot control emotions, resulting in bad habits to the point of addiction.

Development in what limits, in my opinion gambling is not just about making a profit or not, I make gambling just a matter of entertainment, so I don't think whether I make a profit or not when gambling, enjoying the game is something that cannot be measured by money and big wins, for me playing gambling is something that is fun for me to be there for a few hours every weekend. 

[Strongkored]

Hello! I'd like to pose a question to my fellow gamblers here. Since the topic of sports betting has been gaining attention recently, allow me to ask:

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

And, how has it been going so far? Are you profitable or not, and why?

I'm not really sure about the answer because I've done both and never analyzed which is better of the two as well as when talking about profits because I never recorded or paid attention carefully, I only know that I've made withdrawals as well as deposits, and because of sports betting It's always challenging in my opinion so I will continue to do it even if I don't make a profit because so far it's still limited to the money I can afford to lose so that when I have to lose it doesn't affect my feelings or finance because losing and winning are part of gambling that must be accepted well.

[Ziskinberg]

I am very good at two things in gambling, one is me walking away after I win and me never risking more than I can afford to lose in gambling.

I remember the last time I won, I use $5 to win $2200 and there was also a time I use $25 to win $1500, I walked away immediately and I used the money to pay my cable bills for the next one year in advance, this happened in 2022.

Not knowing when to take your leave is the biggest disease you can have in gambling, this whole gambling idea was never created to make anyone rich, it's created to get you hooked for more and keep playing over and over for massive money.

This is you being so lucky in gambling, and I'd say congratulations to that.

However, if we are into long term success, betting $5 to win $2200 isn't ideal as not everyone can have the same luck as yours. Maybe for those who are consistently gambling, they would experience more which they are good at, whether picking correct bets or managing a bankroll, because these two should work together, unfortunately not everyone can achieve the two.

[mirakal]

I haven't turned a profit with either sports gambling or casino games lately.  That said, I've definitely lost more money overall playing casino games than betting on sports. There's that temptation of going for the big payout instead of protecting your bankroll.  I think thats an issue almost all gamblers grapple with though - we get seduced by those ideas of striking it rich quick and end up trying to make giant scores instead of playing a sustainable reasoned long game.

I guess we need to be realistic all the time.

Let's make a figure as an example. Assuming you ra playing today and you have a bankroll of $100 just today, with your small bankroll, you aimed to turned that into $1000. So I like to ask, isn't it realistic or not?

My answer is, it's possible to turn that $100 to $1000 but not so realistic because of the chance of it happening, so when the chance is slim, the result will  likely be a lose. Unlike when you have a decent bankroll and you want to turn it to x10 overtime, that is more reasonable and realistic.

[passwordnow]

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

Well, I guess that most of us do have that not proportion bets with wins and losses that we're having. I'll take a guess that the majority of us have a bigger percentage rate with the losses than of the wins, right? Someone who's good at managing bankroll but not good in selecting right bets because when you say that you're good at selecting bets then you have to win it as well. If you're not winning it then those bets aren't selected well. And for me, that's what it means to be a good selector of bets, the win must be there.

And, how has it been going so far? Are you profitable or not, and why?

Not at all.
I've been into esports lately and can't be said to be a good one. I just have that love for it and likes how it goes in the scene but I am not an expert on the betting side and prefer not to be called one. Because it's always unpredictable in sports betting. While you get some info and ideas on what might happen, sometimes they're just too exhausting even if you did the right way of analyzing before the game commences with all the news and details you can search but still, with some clutch, the game changes and ends oppositely to the bet you make.

[arwin100]

Hello! I'd like to pose a question to my fellow gamblers here. Since the topic of sports betting has been gaining attention recently, allow me to ask:

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

And, how has it been going so far? Are you profitable or not, and why?

For me it depends on certain condition since there are times that I'm not good on managing my bankroll and just want to bet according to what are the running events also the teams which I think give me more higher chance to win. But sometimes I usually settle up for small amount only especially if I find current games so boring that's why for me there's no definite or accurate answer to this question since it will matter depends on my mood.

So far I think there's 50% chance that I win since usually I bet on familiar sports league and also 50% chance to lose since game result is always unpredictable that's why I get that stats. Although I'm not really counting since I don't want to get stress on situation since sometimes if you read or take a peak on your win lose record it makes you feel sad about the outcome of what you are doing on your bets.

[junder]

I think both are good and necessary for each other in gambling. I am happy with choosing the right bet, but on the one hand, when gambling, I also have to be able to manage my finances well. In the end, many people can't manage their money well or limit their budget, making gamblers even wilder to the point of going overboard. limits and also cannot control emotions, resulting in bad habits to the point of addiction.

Development in what limits, in my opinion gambling is not just about making a profit or not, I make gambling just a matter of entertainment, so I don't think whether I make a profit or not when gambling, enjoying the game is something that cannot be measured by money and big wins, for me playing gambling is something that is fun for me to be there for a few hours every weekend. 

yes you are right, many people can't manage their finances properly so they don't realize that a lot of money has been lost just because of gambling, and of course this makes a loss for themselves. they gamble out of bounds whether they realize it or not they've lost a lot of budget for gambling that doesn't produce much profit and can't even cover the losses they've gotten. this needs to be avoided because I myself am concerned about people who are willing to spend a lot of money just because of gambling which is said to promise victory. it will get.

It doesn't matter if we really want to gamble as long as we can manage the finances then it won't be a serious problem. I myself apply that, where I have restrictions on gambling by setting gambling time and budget for gambling.

[maydna]

I prefer to manage my money so that I don't lose a lot, and so far, it has gone well. I can also avoid losing a lot by limiting my money so that I can control how much money I use for gambling. And so far, I am still fine with using the money for gambling and not disturbing other fund allocations. Even though I still rarely win, that's okay because I think it's only a matter of time before I can win. So I will continue to gamble with limits on money and time to remain in control of myself and control everything well so that I can avoid any problems or gambling addiction problems.

[moneystery]

nowadays i'm pretty good at managing my bankroll as opposed to choosing which bets are right for me. honestly, choosing a bet is quite difficult in my opinion, because i need to determine which teams i want to bet on and analyze the game from various sources. though i'm quite sure about what i'm betting on, unfortunately sometimes it doesn't match the predictions i made end up losing money.

maybe so far i can say that my winning percentage is not too high which makes me quite annoyed, but fortunately i am quite good at managing my bankroll so my financial condition is not too disturbed by my bad betting conditions.

[freedomgo]

What do you people mean by bank roll,

Here you go.

What is a bankroll in sports betting?

A bankroll is the amount of money you have set aside for sports betting.

This is important because if you start with an initial bankroll of $1,000 and you lose it all, you should probably take a break. It's a method to abide by so you don't go overboard and dip into your life's savings.

The best way to manage your bankroll is betting a certain amount of money per bet. For example, it's wise to bet one to five units (or one to five percent of your bankroll) on every wager. That's a helpful rule because if you start with $1,000 and bet 10 units or $100 on a team you really like and they lose, your money could go down the drain fast.

Of course, this differs if you plan on gambling on a daily basis or just for the weekend. If you go to the sportsbook with your friends and are okay with throwing away a set amount of money, bankrolls and units don't often matter. However, if your plan is to slowly grow your bankroll, it's best to limit the amount you bet, no matter how confident you are.

source https://www.rotowire.com/betting/faq/what-is-a-bankroll-in-sports-betting-e61fef96

[AmoreJaz]

I prefer to manage my money so that I don't lose a lot, and so far, it has gone well. I can also avoid losing a lot by limiting my money so that I can control how much money I use for gambling. And so far, I am still fine with using the money for gambling and not disturbing other fund allocations. Even though I still rarely win, that's okay because I think it's only a matter of time before I can win. So I will continue to gamble with limits on money and time to remain in control of myself and control everything well so that I can avoid any problems or gambling addiction problems.

the OP can also add poll on this query so we know the pulse of the gamblers in this forum.

on my end, i believe, i am better at managing my bankroll at the moment. though there were times that i let myself dictated by my desire to bet all possible betting lines that i think i have had high chance of winning, i noticed that i was on the losing end if i will not stop after my winning targets. because for a time, i even had my excel file for the money lines that i will bet, the odds, and the actual results - my losses and winnings. so at the end of those long list of my bets, i will know if i gained or not.

but i observed that it really consumed me a lot of time doing all these. so i stopped, and i just bet what i feel i have better chance and the amount i used is i know i can very well afford at the moment of my betting. some practices are nice, however, the sustenance of what you are doing is the real problem. we can't expect ourselves to stick to the good practices but as much as possible, always assess of yourself as no one will do it for you. keeping tab of your own well-being will greatly help in managing your bankroll or emotions towards this activity.

[Oilacris]

Hello! I'd like to pose a question to my fellow gamblers here. Since the topic of sports betting has been gaining attention recently, allow me to ask:

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

And, how has it been going so far? Are you profitable or not, and why?

I could say that both things are really just that connected into each other on which you wont really be able to make your bets to be right if you wont really be able to manage your bankroll well
on which means that whenever on the time that you do reach out into a point on which you are really that making some good bets then we can assume that you are already that in the moment
that you do already know on how to manage your bankroll on which i could say that it is really just hat right or something that would intertwined or something that comes together.
This is why it would be better that you should really be able to have a good grasps on both things so that you would really be able to make yourself that having a good run
when it comes to sports betting and at the same time you are lessening the risks on getting wrecked.

[Orpichukwu]

Hello! I'd like to pose a question to my fellow gamblers here. Since the topic of sports betting has been gaining attention recently, allow me to ask:

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

And, how has it been going so far? Are you profitable or not, and why?

I'm very good at managing my bankroll more than I'm good at making betting selections. I don't joke with my bankroll for one day, and not for one day will I even want to break the limit, but in times of sports betting, I have made countless errors in deciding which game to play and which game not to bet on.
 
So to me, this is not even up to an argument or what I should think twice about before I will know which one I'm best at. I select my sports games based on the team that is against the other, and sometimes I allow my love and support for the team to affect my judgement. It's only in some cases that I take it upon myself to bet that another team should win against the club that I fan.

[KTChampions]

Hello! I'd like to pose a question to my fellow gamblers here. Since the topic of sports betting has been gaining attention recently, allow me to ask:

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

And, how has it been going so far? Are you profitable or not, and why?

Hmm... I think bankroll management is a very simple thing that anyone can master either by simply accepting certain algorithms "on faith" or by watching a couple of videos on YouTube (if reading articles is too tiring).
So I would say that I'm better at the first thing. I don't have full statistics of all my bets, but I think I often find "skewed" bets where the bookmakers got it wrong and where there is more value than most average bettors.
Naturally, this doesn’t help to be in the black (you have to be honest and admit that distance and margin win over absolutely everyone), but at least I often win in polls and if we talk about the implementation of free bets, then I’m definitely in the black (I definitely won more than if I just sum up all free bets). Quite funny, but with cash bets the situation is worse because it is psychologically more difficult to be bold when making a bet when you bet your own money.

[rahmad2nd]

Hello! I'd like to pose a question to my fellow gamblers here. Since the topic of sports betting has been gaining attention recently, allow me to ask:

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

And, how has it been going so far? Are you profitable or not, and why?

So, according to your version, what is it like, and how, is it profitable or not.
Referring to your question, the answer is relative and depends on a gambler's own perspective. personally, I don't know what other gamblers do regarding their bets on sports. but for me personally, there is no right or most ideal answer. Maybe, I would have had a different answer if asked a decade ago. but right now, it doesn't even occur to me like the question you asked. I mean this, I bet on football because I like this type of betting. It's not without reason that I tend to prefer football, because I also liked playing football, especially during my childhood. So, sport or football has become a part of my life.

Now let's discuss the betting side, choosing the right bet is a must if you want to get the expected results. Choosing the right bet is not based on random choices, but selecting the matches presented in each league. and this is a job that is a little troublesome, because like it or not we have to spend time on it. researching and analyzing is a must, let the final result of the match determine the rest.
Do I manage money in sports betting, specifically no. However, I have my own size, or in other words, the bankroll that we usually set. if I lose, it means I'm not lucky at all. if I win, I can put it away, leaving it to bet on another match. The point is, there is no certainty for me personally. because of the many matches presented, I always adhere to my principles. bet on the match that has the most ideal odds. Even then, single matches, 3 matches are more than enough, as for other options, maybe multibet could be an option for entertainment. Regarding winning or losing, it is part of the risk and I don't need to publish it to the public.