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Author Topic: What do you think about having excessive bankroll in gambling  (Read 1668 times)
Eternad
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November 13, 2024, 12:10:52 PM
 #141

I think that in the case of the OP, the worst outcome would be if he starts trying to win back his $1000 and ends up losing it all very quickly. So he needs to avoid games with high risk, I would advise him to play simple gambling games like roulette or dice, making the minimum bet, but many times, so as not to try to win a lot, but just to play. And even if he ends up taking $800-900, it will not be a big mistake, but he will have a good time. At least that's what I would do, but if for him it's a lot of money, then it's better to try to resolve this issue with support, but I repeat that I would play.

It’s not about high risk(low winning chance rate) is what makes gambling so dangerous when it comes to losing bankroll quickly. It’s about the size of bet used by players due to impatience especially if they are losing.

The OP can still lose big time or blow up his bankroll completely if his bet size is not controlled. There’s a post here before that a user lose huge amount of money by betting on 1.01 odds or close to it which is consider as low risk yet he lose big time.

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November 13, 2024, 01:09:24 PM
 #142

It’s not about high risk(low winning chance rate) is what makes gambling so dangerous when it comes to losing bankroll quickly. It’s about the size of bet used by players due to impatience especially if they are losing.

The OP can still lose big time or blow up his bankroll completely if his bet size is not controlled. There’s a post here before that a user lose huge amount of money by betting on 1.01 odds or close to it which is consider as low risk yet he lose big time.

True, it is risk management that can be a deterrent for a player, controlling the bet size relative to the bankroll is one of the most important steps in gambling. Odds are also important, but this is more related to the player's strategy, and I consider playing at such low odds to be an initially losing strategy, in order for odds of 1.01 to have any meaning, you need to bet a larger amount, and this significantly increases the risk, so it simply does not make any sense.

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November 13, 2024, 02:09:46 PM
 #143

Having an excessive bankroll can be very tempting, it might make you think you have unlimited resources to gamble with but whereas there's no such thing as an inexhaustible bankroll. People that have excessive bankroll in gambling can be tempted to chase their losses, we all know that this can end badly for any gambler. This is why you shouldn't make sure you have a lot to dispense in gambling. Your bankroll should be well budgeted and properly managed so Incase your bets go sideways you wouldn't be affected too much.
Yes, it is very tempting to continue playing gambling without stop. That is the beginning for us to lose more and more money and that happens to many people. They don't thinks that will gives them a big risk to lose that money because they may still playing gambling longer than usual. Besides of losing their money, they can becomes addicted to gambling if they very often to playing gambling. Their minds will telling them to come back to the casino and play the other gambling games. If they can handle their minds, they will not stop for a while but will still visit the casino and spends their money. Maybe they will not thinks about winning in the gambling games because their focus is only keep playing gambling.

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November 13, 2024, 03:14:06 PM
 #144

Having an excessive bankroll in gambling wouldn't stop you from having a limit to the resources that you gamble with. If you don't have an amount set aside for gambling you will stake above your means without realizing yourself. Most people don't know how easy it is to gamble with a thousand dollars, that money can be everything you have and it can be exhausted in a Twinkle of an eye. The More you keep funding in the process of chasing your losses the more you keep throwing all your money away. Having an excessive bankroll doesn't mean that it's inexhaustible.
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November 13, 2024, 04:26:03 PM
 #145

Having an excessive bankroll in gambling wouldn't stop you from having a limit to the resources that you gamble with. If you don't have an amount set aside for gambling you will stake above your means without realizing yourself. Most people don't know how easy it is to gamble with a thousand dollars, that money can be everything you have and it can be exhausted in a Twinkle of an eye. The More you keep funding in the process of chasing your losses the more you keep throwing all your money away. Having an excessive bankroll doesn't mean that it's inexhaustible.
Sure, an excess bankroll is exhaustible. The issue at hand is he really didn't want to have that excess bankroll and looking for a way to withdraw it, but since he has to wager according to the casino, then I will suggest he doesn't exceed his $100 budget, maybe for the month or however, he planned to spend it . He just shouldn't exceed it, no matter what.

Responsible gambling should come in handy here because in a twinkle of an eye, one $1000 can be used to stake, and before you know, it's gone.
Once he exhausts the $100, he should go on to play freerolls or any other game, but shouldn't touch his balance again.

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November 13, 2024, 04:57:48 PM
 #146

Having an excessive bankroll in gambling wouldn't stop you from having a limit to the resources that you gamble with. If you don't have an amount set aside for gambling you will stake above your means without realizing yourself. Most people don't know how easy it is to gamble with a thousand dollars, that money can be everything you have and it can be exhausted in a Twinkle of an eye. The More you keep funding in the process of chasing your losses the more you keep throwing all your money away. Having an excessive bankroll doesn't mean that it's inexhaustible.
Having excessive bankroll as a gambler can be quite interesting but sometimes this will not help us to be a conscious and discipline gamble because we might want to try to gamble on every gamble on every game that we see trying to make consistent profits. It is better we regulate our everyday gambling so that we don't have to do it too much. Gambling is majorly to make profits not to deposit heavy funds in the bankroll for the sake of gambling for bigger profits. We can also make consistent profits as a gambler having smaller bankroll without doing it too much. I don't support having huge bankroll in our gambling portfolio when we can always withdraw part of the fund.

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November 13, 2024, 05:00:46 PM
 #147

....

Responsible gambling should come in handy here because in a twinkle of an eye, one $1000 can be used to stake, and before you know, it's gone.
Once he exhausts the $100, he should go on to play freerolls or any other game, but shouldn't touch his balance again.

By the way, the most responsible thing OP could do in this case should be to administer that whole one thousand deposit as those were his complete budget to gamble for the next ten months, or ten weeks (depending whether he meant he used 100$ monthly or weekly).  That way, in theory he should not need to wager all the money at the same time for the sake of withdrawing and he would save the money intented to gamble for the next ten weeks/months. The only problem could be about how tight his current monthly budget would be, as he has got 900$ less than expected at the time being.

It would be kind of funny of somehow OP managed to gamble his way out of his problem and doubled his money at the moment of withdrawing.  Tongue

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November 13, 2024, 05:07:11 PM
 #148

Having an excessive bankroll can be very tempting, it might make you think you have unlimited resources to gamble with but whereas there's no such thing as an inexhaustible bankroll. People that have excessive bankroll in gambling can be tempted to chase their losses, we all know that this can end badly for any gambler. This is why you shouldn't make sure you have a lot to dispense in gambling. Your bankroll should be well budgeted and properly managed so Incase your bets go sideways you wouldn't be affected too much.
Yes, it is very tempting to continue playing gambling without stop. That is the beginning for us to lose more and more money and that happens to many people. They don't thinks that will gives them a big risk to lose that money because they may still playing gambling longer than usual. Besides of losing their money, they can becomes addicted to gambling if they very often to playing gambling. Their minds will telling them to come back to the casino and play the other gambling games. If they can handle their minds, they will not stop for a while but will still visit the casino and spends their money. Maybe they will not thinks about winning in the gambling games because their focus is only keep playing gambling.
Such people lack self control over their gambling lives and they are jobless to be thinking of gambling often in their head. Gambling shouldn't be a priority, because it is only for fun and you have to pay for it, because it's not free. Therefore, thinking that you can continue gambling means that you are throwing away your funds and before you know it, you will get broke due to irresponsible gambling practices. The more you gamble, the more losses you get, and the more you get frustrated if you don't stop.

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November 13, 2024, 05:51:16 PM
 #149


Yes, it is very tempting to continue playing gambling without stop. That is the beginning for us to lose more and more money and that happens to many people. They don't thinks that will gives them a big risk to lose that money because they may still playing gambling longer than usual. Besides of losing their money, they can becomes addicted to gambling if they very often to playing gambling. Their minds will telling them to come back to the casino and play the other gambling games. If they can handle their minds, they will not stop for a while but will still visit the casino and spends their money. Maybe they will not thinks about winning in the gambling games because their focus is only keep playing gambling.
Such people lack self control over their gambling lives and they are jobless to be thinking of gambling often in their head. Gambling shouldn't be a priority, because it is only for fun and you have to pay for it, because it's not free. Therefore, thinking that you can continue gambling means that you are throwing away your funds and before you know it, you will get broke due to irresponsible gambling practices. The more you gamble, the more losses you get, and the more you get frustrated if you don't stop.

Yes, one of the reasons why gambling should not be a priority is because it is true that it is an activity that is done using money, or what I mean is that you will not be able to gamble if you do not deposit some money, meaning that gambling is an activity that can drain your money slowly if you really make it a priority, therefore this is why limits really become an action that must be applied by a gambler.

Basically, there are still quite a lot of other activities that can entertain you without having to spend money, you can play games in general on your smartphone, the point is that we have to be smart in choosing a place to be used as a place to find entertainment, and don't let the place you choose to find entertainment be a place that ultimately leads you to financial problems.
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November 13, 2024, 05:57:41 PM
 #150

Having an excessive bankroll in gambling wouldn't stop you from having a limit to the resources that you gamble with. If you don't have an amount set aside for gambling you will stake above your means without realizing yourself. Most people don't know how easy it is to gamble with a thousand dollars, that money can be everything you have and it can be exhausted in a Twinkle of an eye. The More you keep funding in the process of chasing your losses the more you keep throwing all your money away. Having an excessive bankroll doesn't mean that it's inexhaustible.

Limiting our reach to money is a better strategy for gambling and that is what I used when gambling. As we start gambling, we can get lost in the excitement that we are getting from enjoying the games that we are playing or we get frustration from the losses that we are getting from the games therefore when we have excessive bankroll, we are not doing any good to our money because we are going to lose them gambling unnecessary or trying to revenge our losses and that is the reason most gamblers lose money because they do not know when they should quit because of the mindset of revenge. Having more money would not make you to win more when gambling instead it will increase the possibility you have of losing more money.

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November 13, 2024, 09:00:18 PM
 #151

From my understanding on what the OP said is that he mistakenly deposited $1000 on his betting account and he wanted to make a withdrawal of $900 but unfortunately for him, the casino asked him to make a one time wager. Actually, he said that the casino is a new one and he's scared of losing the whole money because that's probably what he can not afford to risk. However, this is also another lesson to every gambler that while making a deposit, we should be 100% conscious on what we are doing so that we will not end up depositing what we can not afford to risk.
At the very least, you should know what platform is used, such as how other people recommend the gambling platform and what its reputation is.

As in Rollbit gambling, roobet, stake, bc games etc., they are already trusted and become an Online gambling platform that has many players.
So if someone makes a deposit unknowingly like the OP does, then it needs to be questioned why he can do that, $1000 is a huge amount and if he loses it then there will be no guarantee of return.

I myself even need to do some research once again to make a deposit on the old gambling platform, let alone new gambling.
If you want to try it, you only need to make a small deposit, just as a trial error.
Yes you are right, we should try as much as possible to make a little research about the casino site we want to use for gambling, so that if by any chance we make this kind of mistake he op does, we can be able to wager only little and withdraw the rest of the money.
However, based on my opinion, the main reason why most of the casinos (both old and new) wants their customers to wager before withdrawal is probably because of money laundrying. Some scammers might have access to someone account and deposit money from the account to their own casino account and withdraw it. But if a scammer knows that when he deposits money into a casino he will be asked for wager some percentage of the money before withdrawal, be would think about the risk and might not buy that idea.

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November 13, 2024, 09:45:14 PM
 #152

The support section will not provide much benefit, it is better to find the right strategy to meet the withdrawal requirements, bet with very minimal risk, and bet often, be patient, don't rush, doing it in a hurry will only make you lose your mind
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November 14, 2024, 03:22:59 AM
 #153

Such people lack self control over their gambling lives and they are jobless to be thinking of gambling often in their head. Gambling shouldn't be a priority, because it is only for fun and you have to pay for it, because it's not free. Therefore, thinking that you can continue gambling means that you are throwing away your funds and before you know it, you will get broke due to irresponsible gambling practices. The more you gamble, the more losses you get, and the more you get frustrated if you don't stop.
So that will be difficult for them to stay away from gambling because their minds will thinks about gambling and will playing gambling over and over. Yes, gambling should not be a priority in their lives because they have many activities that they should do so when they just playing gambling, they will not have a chance to change their lives better. They can only playing gambling with limit money to reduce the losses becomes big and they can also preventing the other problems that they can meet after finish their gambling time. They can get broke anytime if they don't understand that gambling is just for fun so it is better they still playing gambling with responsibility and be careful with the losses.

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November 14, 2024, 08:35:33 AM
 #154

The support section will not provide much benefit, it is better to find the right strategy to meet the withdrawal requirements, bet with very minimal risk, and bet often, be patient, don't rush, doing it in a hurry will only make you lose your mind

In that situation I think a gambler must really be able to control his emotions and self-control, because with that amount of balance it is very easy for him to end up gambling blindly when he is carried away by emotions by one of the games that is going very badly, the advice you gave is quite good by betting using the minimum amount but the first thing to pay attention to and maintain is mental stability, in the sense that as I said that don't let the gambler get caught up in his emotions, because I have also been in that situation where I have a large balance and I have planned to make a withdrawal when my balance has reached a certain number but my biggest mistake was that I couldn't control my emotions so that in the end instead of continuing to be patient and sticking to the minimum bet plan but in the end I got caught up in emotions and bet with a high multiplier and everything was lost.

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November 14, 2024, 09:47:43 AM
 #155

I think that in the case of the OP, the worst outcome would be if he starts trying to win back his $1000 and ends up losing it all very quickly. So he needs to avoid games with high risk, I would advise him to play simple gambling games like roulette or dice, making the minimum bet, but many times, so as not to try to win a lot, but just to play. And even if he ends up taking $800-900, it will not be a big mistake, but he will have a good time. At least that's what I would do, but if for him it's a lot of money, then it's better to try to resolve this issue with support, but I repeat that I would play.

It’s not about high risk(low winning chance rate) is what makes gambling so dangerous when it comes to losing bankroll quickly. It’s about the size of bet used by players due to impatience especially if they are losing.

The OP can still lose big time or blow up his bankroll completely if his bet size is not controlled. There’s a post here before that a user lose huge amount of money by betting on 1.01 odds or close to it which is consider as low risk yet he lose big time.
Well said, the size of the risk we take is the main factor in determining the level of hits we take in gambling and how big it is interprets how careless we are in budgeting and managing our accounts. I always say that some gamblers can't be smarter than gambling itself, so long as they are infested with the wrong psychology, then it's finished for them. One can be depositing $20 at a time but losing it and keep on depositing it until it is big and reaches $1,000, while another person may deposit $1,000 at once and continue to wager $20 at a time.

The difference is that the first person may be smater, but should be ready to pay more transaction fees, however, the second person should be more disciplined and strict with the wagering because gambling temptation is real, for he might not know when he will start using $100 or more per bet until he losses everything pretty fast.

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November 14, 2024, 10:13:27 AM
 #156

So that will be difficult for them to stay away from gambling because their minds will thinks about gambling and will playing gambling over and over. Yes, gambling should not be a priority in their lives because they have many activities that they should do so when they just playing gambling, they will not have a chance to change their lives better. They can only playing gambling with limit money to reduce the losses becomes big and they can also preventing the other problems that they can meet after finish their gambling time. They can get broke anytime if they don't understand that gambling is just for fun so it is better they still playing gambling with responsibility and be careful with the losses.
As we are on the forum it will be difficult to stay away from gambling because it is discussed here every day, but honestly now I know the limits and gambling is for fun, if it is made a priority then obviously life will be worse with a lot of frustration experienced so that it makes your mentality disturbed.

Activities should be carried out as usual:
Work time - then work don't even think about playing gambling in the middle of your work.
When doing hobbies other than gambling, just do it, such as fishing or going out with friends.
Make gambling in your spare time, when your money is ready to lose.

R


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November 14, 2024, 09:42:02 PM
 #157

-snip-
However, based on my opinion, the main reason why most of the casinos (both old and new) wants their customers to wager before withdrawal is probably because of money laundrying. Some scammers might have access to someone account and deposit money from the account to their own casino account and withdraw it. But if a scammer knows that when he deposits money into a casino he will be asked for wager some percentage of the money before withdrawal, be would think about the risk and might not buy that idea.
Regarding money laundering, this is not a small amount of money and those who do it have a lot of money that can be withdrawn at any time by depositing KYC,
as you say, using someone else's account, and it can be done because the identity used is not theirs.

But about the deposit that requires making a certain amount of bets or games, it won't limit anything,
they may still be able to do it quite easily and just need to bet with a little money, but when that is achieved and qualified they will be free to do anything.

But when it is necessary to re-KYC for a large withdrawal, it will hinder fraudsters from committing money laundering because the identity used needs to be re-updated with the latest identity.

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jossiel
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November 14, 2024, 10:37:28 PM
 #158

It will utterly destroy our lives when we're not fond of doing it or if we became out of control. That's the reason of many lives were destroyed when they cannot contain it anymore.

Having a huge bankroll is an advantage if you want to stay for so long but that doesn't give you guarantee that you'll also be profitable at most times just like what others are being told to.

Of course, and that's why gambling must be done very intelligently, in the sense of full control which in simple terms I can say that don't let yourself be controlled by gambling but you must be able to control the gambling activity.

On the other hand, there have been quite a lot of incidents about the downturn experienced by gamblers that we can use as examples, and of course no one will ever want to experience such a downturn and that's why a gambler must have the right approach, understanding, knowledge and perspective on gambling, none other than because that way you will be safe from various unwanted possibilities.
But that intelligence is gone when the emotions are high.

This is how many gamblers have been destroyed due to the fact that they have high bankroll and they're forgetting their reasons why they gamble.

So, you're right that it must be done correctly and with the proper thought and at least maintain with that position until you stop either with win or a loss.

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November 14, 2024, 11:28:07 PM
 #159

Odds are also important, but this is more related to the player's strategy, and I consider playing at such low odds to be an initially losing strategy, in order for odds of 1.01 to have any meaning, you need to bet a larger amount, and this significantly increases the risk, so it simply does not make any sense.

The higher the coefficient, the higher the chance of losing your money, but it does not make sense to bet with such a small coefficient for the reason that the winnings will be too small. And if you bet a large amount of money, then in the end this bet will definitely turn out to be a loser, which will entail the loss of the deposit.

 
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November 15, 2024, 02:19:04 AM
 #160

As we are on the forum it will be difficult to stay away from gambling because it is discussed here every day, but honestly now I know the limits and gambling is for fun, if it is made a priority then obviously life will be worse with a lot of frustration experienced so that it makes your mentality disturbed.

Activities should be carried out as usual:
Work time - then work don't even think about playing gambling in the middle of your work.
When doing hobbies other than gambling, just do it, such as fishing or going out with friends.
Make gambling in your spare time, when your money is ready to lose.
At least we know our limits as you said so we don't gambling excessively without using too much money. Limitations really helps us to control our funds to gambling because we will prepare for some money to gamble and will stop when it is almost run out.

We must know our priority and not make gambling as our main priority. By separate our priority and doing as proportional, we will not excessively when doing that. It is better if we have another hobby than to use gambling as our hobby.

That will be too risk for us because we can be excessively using gambling in our daily life. We control ourselves for what we will do so we will not use gambling too often and only playing gambling when we have spare time.

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