There is no need for bankroll management in a game of luck

[DPHOR]

I think you are misunderstanding something here, when we talks about bankroll management that doesn't implies a money already deposited in your gambling account but the total amount or sum you need to be making deposit to your account is what i understood by bankroll management.

For instance; you can map out $300 for the week to gamble with it and when this money is exhausted you wouldn't for any reason go make additional deposit just to continue gambling after having exhausted your initial deposit of $300. This is what is called bankroll management. Therefore whether you go all-in-one or you split $10 into 30 places it doesn't  matter, but also to stay long while gambling you may decides to part it to keep enjoying the fun while gambling.

[Akbarkoe]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

Whatever will not change the results you will get even when you do all in, but there are some people who when playing want to get more pleasure, meaning they divide their money to have longer gambling in some time, winning is an additional bonus when you are lucky, while people who are looking for victory and financial gain like you do not think about it, and of course people who do not have bankroll management are usually impulsive people in gambling, you should be aware of that position.

[yahoo62278]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

It depends on what you are gambling on. If you deposited to play slots, then yes I agree with you. If you are playing poker or sportsbetting, then I disagree. You don't wanna take $1000 and sit at a poker table and shove all in 1st hand you are dealt and pray you win. You wanna sit with $100 10 times and try to be patient and profit as many sessions as you can. Having 10 buyins means you have more chances to catch a hot run of cards or you have chances to recover if you take a loss on another session. Same for sports, you get 10 shots at making a profit.

[satscraper]

bankroll management doesn’t really matter.

I disagree on this subject. Should bankroll management be correct it would allow your to reduce the number of errors at your decision making no matter what the house edge is. Take the slot games for instance. The average value of house edge relevant to such games is around 15 % . Knowing this and watching close for your bankroll plot that tend to go downward at every your try you would you would ether walk away from these games to find a better option to gamble or reduce the price for each try to increase the number of attempts with the aim to win at the end.

[Wexnident]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

I mean in terms of trying to win, yes, it doesn't matter. Nothing matters really since its based on luck. Bankroll management matters IF you don't want to spend all your money on gambling and want to be responsible about it. They are two different matters yes, but they're still related since they all connect to your bank account. And you don't necessarily have to decide on your bankroll WHILE playing the game lol. Just think about it before, deposit the planned amount, then play the heck out of what you have.

[bhadz]

I think you are misunderstanding something here, when we talks about bankroll management that doesn't implies a money already deposited in your gambling account but the total amount or sum you need to be making deposit to your account is what i understood by bankroll management.

It seems that whenever someone's put that money and have it deposit, which means that all of it should be gambled. You're right, it shouldn't be like that. We're still free to use that money for something else and we can continue to gamble with however amount we want to without emptying our pockets and balances on our accounts. Whichever amount is deposited and will be deposited on ourselves, we still have total control for it.

[ralle14]

I've done both, and i'll always stick with some form of bankroll management, even if the game heavily relies on luck. There's always a slim chance of turning your session around in the final few bets of your bankroll, and i'd rather grind my chances until the end than spend one deposit per bet before getting to that turning point.

Even though I get your point, I wouldn't go as far as saying it's unnecessary. It might make most of your session stressful because you could always find yourself losing more than half of your bets, but it's better that way than to play recklessly and go over your limit.

[Free Market Capitalist]

I don't see much sense in it either, the only logical way it makes sense is that you can get more money for your money. But bankroll management is designed for games where you can make decisions of positive expected value, and therefore in the long run you will win money, to avoid the risk of bankruptcy in the short term due to a bad streak.

[Oshosondy]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

It depends on what you are gambling on. If you deposited to play slots, then yes I agree with you. If you are playing poker or sportsbetting, then I disagree. You don't wanna take $1000 and sit at a poker table and shove all in 1st hand you are dealt and pray you win. You wanna sit with $100 10 times and try to be patient and profit as many sessions as you can. Having 10 buyins means you have more chances to catch a hot run of cards or you have chances to recover if you take a loss on another session. Same for sports, you get 10 shots at making a profit.

Bankroll management is more than this for me because gambling bankroll management is how I spend my money on gambling wisely. It is not just the money that I deposited on my gambling account but the way I am managing the money so that I will not spend it recklessly on gambling. I think OP thinks bankroll management is only the money you have in gambling account but it should not be. In all games, including slots and others, I disagree with him.

[Outhue]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

Bankroll management was never intended to benefit your odds, it exists has a cure for the mismanagement of funds, yes gambling depends entirely on pure luck like you said but we all have different risk tolerances don't you think?

If you are meant to have an hour of fun gambling in a casino with small amount of money, you don't want to go all in, because where is the fun of losing it all in a second or minute and you still have a lot of time left to go?

I do slots a lot and I have an exact amount I use on every round to prolong my gambling session unless a sudden win occurs, I am not like every other gamblers, we can't all be the same, many gamblers do need bank roll management, it will help the majority of them.

[Gozie51]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

Don't we consider management of bankroll as opportunity to try again? If you manage your money well then you will have the chance to try another luck if first one failed. Therefore, to throw in all your money at once on a game is like throwing in the towel for a boxer who is giving up on a boxing match.

It is the high stakers that won't bother about the management of their bankroll but if you believe in gradual then you will not consider using all bankroll at once. However, it is not that it changes anything and guarantees you winning but it is an opportunity to try again.

[sompitonov]

Perhaps, and as the OP says, you can consider your path as continuous with all these bets, and of course everything goes in favor of the casino, which will ultimately not leave itself without profit. Bankroll management allows the player to simply extend his path and not make furious bets in one day and place big bets that he will have to earn for several months. For example, I want to play more and relax a little, so I understand that I will not place big bets, because then I will no longer be able to be in the game, sometimes I want to.

[taufik123]

If you are already aware of this, of course you know what you have to do.
Luck will not always come and any management will only limit how much money you spend on a game that you will eventually lose.

The most important thing is to limit how much money you allocate, it is enough to eliminate higher stress levels.
Aware that what was deposited would not come back and only became a game as entertainment without expecting big profits.

[bitbollo]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

I would not consider completely useless. Even if these money have been deposited this not means you can't withdraw...

in some cases, have a look on money management could allow at least to maximize number of bets that can be played.
I know it's not enough for a profit, but at least it's something for having fun while gambling.

Of course the more you play, more you lose. But RTP is not totally against players... in some cases it could be possible have an advantage while playing... likewise trying to hit a jackpot or playing bigger after a while.

[KiaKia]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

Emotion and Greed is real within gamblers.

They can wipe out a bankroll and find another means of depositing money that they aren't ready to lose.

I am surprised that a fellow gambler is talking this way, you should know better, bankroll management can be managed correctly by a discipline gambler, just because there is something called bankroll management doesn't mean every gamblers know how to handle it.

Many people knows what bankroll management is but they can't control their desires and emotions, they plan to risk only $1 per day for gambling but when they lost all the $1 they will proceed to deposits more money because they want their winnings to happen today.

[khiholangkang]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

Who says when they have better bankroll management will increase victory? I also agreed that the right would not occur to increase their home or luck, in the end it would say the same thing that luck was a mystery in gambling so that there was no guarantee in any way to get an existence.

I think it is an expression of duping for people who believe will believe him and the sane person will reject such things in his mind.

[$weetne$$]

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

I think bankroll management matters because regardless of you having the potential of losing all the money that you deposited but managing it in small bets can increase your odds of winning. The odds does not change but your chances improve and with that you would not be tempted to add more money to the initial capital unlike when you go all in, as you lose you would still want to bet more therefore you will be depositing additional money. The more you gamble for an average person that is not addicted, you will get tired as you are not winning but if just after one bet and you were closed to winning, you will think there are better chances for you to win therefore you will want to bet more.

[Z-tight]

I don't agree with you op, i wouldn't want to deposit $200 into a casino and spin the wheel once in a slot game, placing all of my $200 in that one spin, it reduces my chances of winning. It is much better i divide my bankroll into bits, i know it is all about luck, but the more i play, the higher the chances i could get lucky. It is the same in sports betting, i rather have different parlays and single games and divide my bankroll amongst them, than staking it all in one betslip.

[EluguHcman]

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

Be warned with this misconception because holding on to bankrolls in gambling clearly has nothing to do with manipulating the game odds rather it helps individual gamblers to gamble responsibly in the sense that it would not affect their savings and incomes.

It periodically fostered to bet with what is affordable to loose so as not to gamble with unlimited financial budget at the course of gambling just for fun or chasing profits with a high velocity to loose in a short and long term.

These reasons is why it is necessary to watch your bankrolls and bet conciously according to your budget.

[Ruttoshi]

I believe that if we're playing a game with a house edge, where winning depends purely on luck, then bankroll management doesn’t really matter.

What you deposit is already intended for gambling, so whether you go all-in or divide it into smaller bets, the reality is that bankroll management won’t change the odds. It just adds an extra layer of stress in making decisions that, in the end, won’t really affect the outcome of a luck-based game.

Bankroll management matters a lot when gambling, because it will limit your losses i.e you will have a specific amount that would be used to bet. The moment you have lost that amount, you stop gambling immediately. If you are the type that loves gambling maybe, three time a weak. Bankroll management will help you not gamble all your funds at once if you don't want it like that.

Only gamblers that gambles once in a blue moon that don't need bankroll management. Lack of bankroll management will make you gamble more than what you can afford to lose. If we manage our income to meet up with our needs. We must also have financial management on whatever has to do with money.