You can't win in the long run without good bankroll management in sports.

[ralle14]

It's achievable for most gamblers to be disciplined, but unfortunately, it's always easy for them to crack and fall for that greed as others have already said plus that urgency of winning your losses back once you start losing are one of the common culprits.

This reminds me of a situation i've encountered from another gambling community. Back then there was this red hot winning tipster that had an impressive record (something like 15-2) and once he lost twice in a row people started sending him discouraging stuff in his DMs like death threats making him take the blame when it's their choice to go all in and blindly trust someone's pick that much with their money.

[Alphakilo]

Another bankroll management thread to act as a reminder of its importance and necessity if a person wants to gamble responsibly and win most of the time.
Discipline with bankroll management starts with understanding how much your starting bankroll should be.

Some don't even understand that the money you set aside for gambling is called a bankroll. They use the money from their income that is meant for other expenses and use it for gambling. I commented on a thread here that someone created a script to track their expenses, this is what someone can use to manage their bankroll if they need software to help them be disciplined in managing their bankroll.

[Fivestar4everMVP]

Another bankroll management thread to act as a reminder of its importance and necessity if a person wants to gamble responsibly and win most of the time.
Discipline with bankroll management starts with understanding how much your starting bankroll should be.

Gambling responsibly does not guaranteed any of form or winning most of the time, gambling responsibly will only help the gambler to manage his or her money well, spend the right amount on gambling while the rest of his or her income is channeled into other important things that needs financial attention, the fact one is gambling responsibly, or practicing responsible gambling rather does not and Wil not give him or her any chances of winning most of the time time in the absents of luck, in fact, I can tell you that I myself have been a responsibly gambler for as much as I know myself, but my overall loses still is much higher than my over all winnings.

And discipline like it's Been explain by op and lots of other users commenting here, is indeed a vital tool that help gamblers ensure they actually practice responsible gambling, not just saying it and doing something else.

[michellee]

I am not sure I can disciplined for a long time in gambling when it comes to bankroll management. I am not too often playing gambling for a long time and choose to gambling for some enough time. I don't want to lose too much money if I playing gambling longer than usual because that is happened to me before. The bankroll management that I used so far is I only prepare for some enough money to gamble and will not trying to deposit more money if I almost run out of the money. I will choose to end my gambling time and leave the casino to prevent the temptation become big. I don't want to see myself lose control and use more money. That could be my time to lose more money because I feel that I am not too strong in controlling myself and that can lose anytime.

[sompitonov]

I am not sure I can disciplined for a long time in gambling when it comes to bankroll management. I am not too often playing gambling for a long time and choose to gambling for some enough time. I don't want to lose too much money if I playing gambling longer than usual because that is happened to me before. The bankroll management that I used so far is I only prepare for some enough money to gamble and will not trying to deposit more money if I almost run out of the money. I will choose to end my gambling time and leave the casino to prevent the temptation become big. I don't want to see myself lose control and use more money. That could be my time to lose more money because I feel that I am not too strong in controlling myself and that can lose anytime.

I also can't manage my bankroll with great rigidity and precision. I want to relax more in bets than to strain, although I choose games for betting very carefully. However, I remember many rules of how to manage a bankroll from poker, which has ironclad rules, for example, with a good game the bankroll becomes larger and only upon reaching certain values, we can rise higher in limits. This allows me to roughly understand how to manage a bankroll, but this does not mean that I do it, I manage it approximately correctly, but not very carefully.

[Smartvirus]

Experts say that we need at least a 53% win rate to be profitable in the long run. That means proper bankroll management is essential. if we hit that percentage, profit is guaranteed.

This I would agree with. Sticking the win rate for success at a minimum, given how difficult it is to be a successful gambler, a 53% win rate is just okay to mark that.

But… let’s be real.
Most gamblers don’t really have the discipline to manage their bankroll properly. First, many don’t have a decent bankroll, making it difficult to manage bets with limited funds. As

Undoubtedly, most gamblers don’t and you can’t blame them. It’s a space where you’ve got to risk some good money for some unlikely options while depending on luck to pave the way. You wouldn’t always be the smart axx in the room but, if you do your bit with proper bankroll management, you would do just fine.
It’s not a matter of lacking in discipline as, what you don’t have, you learn to have that to save yourself some regrets.

[EluguHcman]

So the question is: Can we really be disciplined when it comes to bankroll management?
If not, what’s holding us back?

Discipline lies on individual but are essentially required for keeping good financial management.
This option is easier to be handled when you are earlier concious to what probability it would be if you fails to observe disciplinary measures in gambling than late realization.

Perhaps... Realizing your self control over gambling in a long run must have been after you have lost beyond that has affected your bankroll. You might even get addicted at that point while faced struggling of how to rescue yourself out of it lately.

The chase of loose recoveries will always be stack moments for gamblers going indisciplined of their bankrolls because while you keep winning or loosing, the target of hitting a particular value before you take a break could be difficult and so on could be pointed at further looses.

[Jating]

Experts say that we need at least a 53% win rate to be profitable in the long run. That means proper bankroll management is essential. if we hit that percentage, profit is guaranteed.

But… let’s be real.
Most gamblers don’t really have the discipline to manage their bankroll properly. First, many don’t have a decent bankroll, making it difficult to manage bets with limited funds. As a result, even if we hit a 53% win rate in a single session, placing multiple bets, the moment we start losing, our emotions take over. That’s when we bet aggressively to chase losses, and more often than not, it leads to even bigger losses.

So the question is: Can we really be disciplined when it comes to bankroll management?
If not, what’s holding us back?

I think it's more of like gamblers really wanting to play and win more. So most of us might not have discipline in the first place, even in winning, most of us are going to continue to gamble with the money that we have won instead of just taking a small break or maybe spend parts of that winning money specially if it is big enough. So it's more of the mentality, gamblers want more, simply as that.

So I will commend gamblers that have discipline to stay within their capital and if they won, take a rest and then follow their strategy so that they can stay in the game for so long. Self control and don't let our emotion takes control, but I know that it's very hard and difficult to do that and I'm not sure if there are gamblers that can be very consistent with that kind of strategy.

[Darker45]

Our lack of discipline. That's what's holding us back. For one, I'm sure many of us are betting even if we aren't sure of our bets. The fun of placing a bet gets ahead of the discipline to make sure our bet is most likely winning. And there's probably no other way to do that than make a deep and comprehensive analysis. I don't do this as well. Most often, it's just about gut-feeling for me. Apart from this, I also bet on a player or team because I'm a fan, not because my objective analysis tells me to.

[mirakal]

Having that discipline is kinda hard to achieve, most particularly for gambling where greed for money is at stake. Maybe for few gamblers, they can instill discipline and stick to it, but majority fail on it. Most of the time, emotions are taking us over regardless if we are in the streak of losing or winning. So discipline is hard to achieve when gambling, that’s why a lot of us end up losing and never make it big when gambling.

[ethereumhunter]

I am afraid that will only happen to some small number of people but many people will lose their money in gambling. Gambling can not give win in the long run instead losing their money so they must be careful when playing gambling. We can placing many bets because we know many teams that we can pick as the winner but we can not hope that will give win big money because we must understand that everything can happen in the middle of the match.

I am not sure with the disciplined can be applied in gambling because we know that the temptation can comes to us without we realize. That can make us deeper in gambling and we will difficult to control ourselves. We can only be careful and stay aware of our gambling activity and always limit our money and time to prevent the big lose.

[peter0425]

You can win in sports betting in the long run even without bankroll management, you just probably wouldn't know it. Bankroll management keeps us posted to how much we have been spending and how much we have been losing or winning. With this we can see if we should adjust anything in terms of budgeting as is.

Without this, we might never know just how much we are spending all throughout our gambling journey. We might think that we are always winning or losing because there is no tangible results or no recorded ones.

[eisen33]

Experts say that we need at least a 53% win rate to be profitable in the long run. That means proper bankroll management is essential. if we hit that percentage, profit is guaranteed.

But… let’s be real.
Most gamblers don’t really have the discipline to manage their bankroll properly. First, many don’t have a decent bankroll, making it difficult to manage bets with limited funds. As a result, even if we hit a 53% win rate in a single session, placing multiple bets, the moment we start losing, our emotions take over. That’s when we bet aggressively to chase losses, and more often than not, it leads to even bigger losses.

So the question is: Can we really be disciplined when it comes to bankroll management?
If not, what’s holding us back?

It looks like they were talking about 53% over the long run, but it's not just that you need to win a little more than half of your bets, but that you need to stick to a strategy where the odds aren't too low, because in that case the winning percentage should be much higher.
And at first you don't have to think about a big bankroll, you need to achieve a positive trend first so that you start winning, and then think about increasing your bankroll.

[Reid]

Yes, we need that financial monitoring if we are to focus on winning in sports betting. Mainly for gamblers who are betting in many single lines in a day who believes they can win in either siding with the favorites or the underdogs. They must know if they are losing money or gaining more because that's when they will realize when to stop or not.
I only have a number of sport that I bet for and most of them are during weekends only so I don't really monitor the money that I gamble because I usually just bet to make the game more entertaining while drinking a beer on weekends. MMA or Boxing.

[Accardo]

Another bankroll management thread to act as a reminder of its importance and necessity if a person wants to gamble responsibly and win most of the time.
Discipline with bankroll management starts with understanding how much your starting bankroll should be.

Some don't even understand that the money you set aside for gambling is called a bankroll. They use the money from their income that is meant for other expenses and use it for gambling. I commented on a thread here that someone created a script to track their expenses, this is what someone can use to manage their bankroll if they need software to help them be disciplined in managing their bankroll.

Earnestly, bankroll originates from income, gamblers use personal finances to wager, it's all fine, unless misused, that is using money meant for other responsibilities to gamble. Bankroll management is a broad topic in gaming, but to some, difficult to implement or practice. Due to the intriguing nature of gambling. The best act of management is holding back 10% of our income or less, depending on how fat the pay cheques is, for gaming.

Though it requires discipline, and proper self control to stop after all the funds has been exhausted. Many fail to realize they've gone passed the designated amount for gaming, and go ahead to wager more...it could happen to any player. Yet, staying committed to the strategy, yields better results than winning itself.

[Patikno]

Experts say that we need at least a 53% win rate to be profitable in the long run. That means proper bankroll management is essential. if we hit that percentage, profit is guaranteed.

But… let’s be real.
Most gamblers don’t really have the discipline to manage their bankroll properly. First, many don’t have a decent bankroll, making it difficult to manage bets with limited funds. As a result, even if we hit a 53% win rate in a single session, placing multiple bets, the moment we start losing, our emotions take over. That’s when we bet aggressively to chase losses, and more often than not, it leads to even bigger losses.

So the question is: Can we really be disciplined when it comes to bankroll management?
If not, what’s holding us back?

It is very true that when someone places a lot of bets and loses, it is usually very easy to get carried away by emotions when betting, and usually it will be a defeat in the end. Therefore, discipline is needed when gambling, be it discipline in managing money, time, emotions, and even self-limitation when experiencing defeat or victory, so that it can avoid the problem of loss. For me, the thing that can hold us back is a sense of responsibility and discipline, maybe it is not easy to be like that directly, so it is better to get used to it from small things first, then in the future it will be able to get used to big things like gambling, so that in the end we can become responsible gamblers.

[Synchronice]

Experts say that we need at least a 53% win rate to be profitable in the long run. That means proper bankroll management is essential. if we hit that percentage, profit is guaranteed.

But… let’s be real.
Most gamblers don’t really have the discipline to manage their bankroll properly. First, many don’t have a decent bankroll, making it difficult to manage bets with limited funds. As a result, even if we hit a 53% win rate in a single session, placing multiple bets, the moment we start losing, our emotions take over. That’s when we bet aggressively to chase losses, and more often than not, it leads to even bigger losses.

So the question is: Can we really be disciplined when it comes to bankroll management?
If not, what’s holding us back?

It doesn't come down to discipline, it comes down to mathematics. Casinos have RTP and House Edge, which means that mathematically the profit is guaranteed on their side but it doesn't mean either that you'll lose. You might win but other players lose and opposite, you might lose but others win but in the end, casino doesn't lose more than all of other players combined, that's the power of mathematics. You need to be discipline with your bankroll in terms that you shouldn't bet more than you are willing to lose and don't gamble for profit, gamble for fun. Profit is just a beautiful bonus.

[dansus021]

Experts say that we need at least a 53% win rate to be profitable in the long run. That means proper bankroll management is essential. if we hit that percentage, profit is guaranteed.

But… let’s be real.
Most gamblers don’t really have the discipline to manage their bankroll properly. First, many don’t have a decent bankroll, making it difficult to manage bets with limited funds. As a result, even if we hit a 53% win rate in a single session, placing multiple bets, the moment we start losing, our emotions take over. That’s when we bet aggressively to chase losses, and more often than not, it leads to even bigger losses.

So the question is: Can we really be disciplined when it comes to bankroll management?
If not, what’s holding us back?

Agree if you have win rate above 50% meaning you are profitable in this game. If you have win rate lets say 60% all the time then you are profitable.

Also agree when emotion takes over it is hard to stay in control, if we win the jackpot on a single time usually what I do is put in a higher bet which is wrong in my opinion I mean if I won again that would be fine but if I lose I just losing lot o fmoney.

In theory we can disciplined but in reality its hard

[freedomgo]

Agree if you have win rate above 50% meaning you are profitable in this game. If you have win rate lets say 60% all the time then you are profitable.

Hitting a 60% win rate in the long run is tough but not impossible. If you place 1,000 bets, winning 600 and losing 400 will already put you in profit.

That 53% win rate is based on an average odds of 1.90, so if you’re consistently getting higher odds, you’ll be even more profitable.

It’s really all about the long run, you can’t claim to be good at sports betting without proving it over time. Maybe 1,000 bets is a good benchmark. If you can get at least 530 wins, you’ve already shown that you’re profitable.

[ChiBitCTy]

Experts say that we need at least a 53% win rate to be profitable in the long run. That means proper bankroll management is essential. if we hit that percentage, profit is guaranteed.

But… let’s be real.
Most gamblers don’t really have the discipline to manage their bankroll properly. First, many don’t have a decent bankroll, making it difficult to manage bets with limited funds. As a result, even if we hit a 53% win rate in a single session, placing multiple bets, the moment we start losing, our emotions take over. That’s when we bet aggressively to chase losses, and more often than not, it leads to even bigger losses.

So the question is: Can we really be disciplined when it comes to bankroll management?
If not, what’s holding us back?

I can have a 53% win rate for the year or 2024 and only bet a total of $10.  You don’t have to have a fat bank account, at, all.

Also only fools chase losses. I teach my clients this daily. Same type of thing with the stock market. People panic when they are down, most, and often badly.  Problem is no one reads. Well a small % of humans consistently read and educate themselves. I had I want to say 1200 one one one meetings last year with clients, of that 1200 , 1000 are absolutely completely clueless on basic finance. 100 are just intelligent enough to understand things quickly but still don’t work hard enough on their knowledge building, leaving 100 that know a little bit, really care, ask for education material, my advice in the broad scope of the financial sector etc.   

The study history’s main goal , google that if ya don’t know it