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

[stompix]

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.

Well, open your favorite slot game, press max bet, press spin, and then tell us why bank management is actually good when your play lasted only 1 second and you're down all your money with nothing left to do

So it might slightly go in your favor let's say for a slot machine, your budget is $100.00 and maybe with lower stake, your bankroll will last that long and maybe you can hit a bonus and win big. So as let's say your capital is just $50.00 or less,  only couple of spins for you and you will be unlucky and not hit anything.

Doesn't really matter, the probability is for each spin, in one case you get 10 spins in another 100, but overall the earning will be proportional, a low bet will make your bankroll run longer and enjoy the game but at the same time the wins will be small, a higher bet might drain it fatser but they can also provide at any time a huge win.
In the end after a quadrillion spins, the result will be the same for both tactics.
But then again, who wants to lose all their money in 2 mins?

[radjie]

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.

That's where it's important when we should stop and continue the game when gambling, the longer we bet and expect to get a big win, the higher the chance of losing the money we get. It's better to stop when you've got a little win and not expect to be able to return the capital that has been spent when you lose. The most important thing is that we must be able to set a benchmark for the money we must use to gamble, because luck will not always be on anyone's side, and vice versa must be ready to accept the risk of defeat

[Shadiq]

Bankroll management cannot increase your chances of winning or making you profitable in gambling. But bankroll management is important in gambling because it helps you survive gambling and prevents you from losing completely. You certainly don't want to lose all of your bankroll in unpredictable moments like losses or profits. Then you might be tempted to keep gambling, but after losing you will regret it. Bankroll management will help you survive gambling for a long time.

[Doan9269]

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.

But we can still plan to manage up our bankroll for a more or little sustainability, if we plan to ration it over time and uses a small amount to gamble in other to increase our chances, this will help us not to get more exposure to risk of losing at once instead of having more opportunities to attempt more, maybe it could come as a luck for us to win at the cause of trying more, this also could help us maximize the number of times we may be gambling playing bets as much as we may want, though we can include on any other requirements that we think are needed for taking a particular bet we want and still have more fun.

[CryptoHeadlineNews]

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 is simply the process or ability to be able to effectively manage the amount of money you have at hand, which could be either the money you have in your fiat traditional bank account or in your crypto wallets, and not necessarily the amount of money you have on your casino account. Because what proper bankroll management does, is that it prevents you from excess losses while gambling, knowing fully well that it is a game of luck, and as such it's wise to gamble what you can always afford to lose, rather than continuously redepositing whenever you exhaustel your casino account balance, with the mindset of getting lucky and hit a jackpot, which is what people with no bankroll management does.

Because, thou, bankroll management will not help you hit a jackpot, but rather, it will help you limit the amount of money you lose, while gambling responsibly.

[bias]

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.

Well, open your favorite slot game, press max bet, press spin, and then tell us why bank management is actually good when your play lasted only 1 second and you're down all your money with nothing left to do

Lol, that's so true! However, if you do it on a BJ table or in a sports bet, it's different.

But then again, who wants to lose all their money in 2 mins?

Not me, 100%! And that's the whole point of having good, tight bankroll management. To enjoy your favorite games as much as you can (and have the possibility to win big accordingly), in a less expensive way.

[Findingnemo]

Nope, it's not right. Bankroll management is important to ensure that you get to enjoy your gambling experience as per your budget but if you are getting the satisfaction on one bet itself then your lucky just do it as you wish. And house edge doesn't mean you will always lose, it's just you won't win as much as house in the long run but we are talking about game of luck so if you're fate is to win then you will win and you just make sure that you stay there by gambling more.

[sana54210]

The truth is that, bankroll management is not tied to if the game is luck-based or not. It is separated and it is always a must. In fact, the more it is also needed in a game of luck because one can get carried away with it easily, as we know that it is hard to win on them.

Not all those who play gambling have already accepted their fate or they only use small amounts, so they do what they can in order to possibly win or at least lose some of their money only, with the help of bankroll management. As I said earlier, bankroll management is separated, therefore yeah that it does not change the odds whatsoever. You think that it only increase our stress but losing all / most of our money is actually the real ones that is very stressful.

[mirakal]

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.

Well, you know in the first place that you will lose eventually, so there’s no reason anymore for proper bankroll management. Just bet on your favorite games and have fun, that’s the only important there. And most of all, bet only on your intended money, not those that will be used to pay your bills, then you won’t face future problems even if you lose them all.

[TelolettOm]

The management for this game model based on luck is intended so that we do not go overboard in using money, especially for those who have been continuously despotized by the platform. Because if not, we will appear to have unknowingly played until our deposit money runs out, and finally make deposits again and again. If there is no management, then we will lose continuously without realizing how many millions or more have been spent.

In essence, whatever it is, if I were personally, I would still apply the management. Yes, although it does not guarantee that the results will be very good, but at least I am much calmer in playing, and can be more vigilant with various traps for addicted to gambling. because this is very easy to tempt

[AmoreJaz]

The management for this game model based on luck is intended so that we do not go overboard in using money, especially for those who have been continuously despotized by the platform. Because if not, we will appear to have unknowingly played until our deposit money runs out, and finally make deposits again and again. If there is no management, then we will lose continuously without realizing how many millions or more have been spent.

In essence, whatever it is, if I were personally, I would still apply the management. Yes, although it does not guarantee that the results will be very good, but at least I am much calmer in playing, and can be more vigilant with various traps for addicted to gambling. because this is very easy to tempt

If you have no time to manage your funds, then, the easiest way is to deposit the amount that you feel you can afford to lose. Because if you only deposit what you can afford, then, you don't need to worry even if you lose it all in that session. You won't be agitated as well if you know you are spending funds within your budget. As you have experienced, luck-based games have no assurance if you can win that session, it is more on the losing side.
Once you deposited only the amount that you can very well afford to lose, then, there's no need for bankroll management. But you can prolong your game by betting small. That's one trick if you want to play your game in a longer time. Because if you bet big, you can easily deplete your bankroll because even if we say, you are using martingale strategy, you can't assure that the next bet will be the winning bet.

[Negotiation]

Although gambling is a game of chance bankroll management is an important part of it without it you can easily lose all your capital. Bankroll management also helps you limit your financial losses while gambling. You can decide in advance how much money you will gamble and how much money you will lose before you stop gambling. Bankroll management allows you to gamble for a longer period of time this can increase your chances of winning big having less fear of financial loss reduces the stress you feel when gambling. This allows you to make calm decisions and reduce the chances of making mistakes.

[btc_angela]

Although gambling is a game of chance bankroll management is an important part of it without it you can easily lose all your capital. Bankroll management also helps you limit your financial losses while gambling. You can decide in advance how much money you will gamble and how much money you will lose before you stop gambling. Bankroll management allows you to gamble for a longer period of time this can increase your chances of winning big having less fear of financial loss reduces the stress you feel when gambling. This allows you to make calm decisions and reduce the chances of making mistakes.

If you play with money that you can afford to lose, then you might not be thinking of it as a financial loss that could affect you mentality. The OP's question whether we don't need to look at our bankroll, on how much money we are going to put specially if we are playing luck base games.

So for me, it might not matter in the beginning, again, if you have like money willing to lose and then just play with it. Like maybe 100$, and just stake a minimum bet, then it might not last that long, or you are so lucky that you can make it into x2 or more and then stop.

[Jody.Drummer]

Bankroll management cannot increase your chances of winning or making you profitable in gambling. But bankroll management is important in gambling because it helps you survive gambling and prevents you from losing completely. You certainly don't want to lose all of your bankroll in unpredictable moments like losses or profits. Then you might be tempted to keep gambling, but after losing you will regret it. Bankroll management will help you survive gambling for a long time.

I agree with what you said, it is true that bankroll management cannot affect the chances of winning or increase our chances of winning, it only helps us prevent losing money in amounts that may be relatively large because when there is no good bankroll management, what might happen is that self-control is lost and this can lead players to lose a lot of money in gambling because there is indeed no good control.
The importance of bankroll management in gambling is indeed something that every player must have, whether they are those who play with gambling luck or gambling that involves skill, bankroll management must still be considered because in any case if bankroll management is not good, maybe the results will be less good.

[Don Pedro Dinero]

That's right, bankroll management is for games of skill. It's not that it's forbidden or something that you do for casino games but it's not very useful, which with the number of concepts that people confuse in this section it's not uncommon to see more than one who uses bankroll for the casino, but everyone is very free to do it or not.

The truth is that, bankroll management is not tied to if the game is luck-based or not. It is separated and it is always a must. In fact, the more it is also needed in a game of luck because one can get carried away with it easily, as we know that it is hard to win on them.

Not all those who play gambling have already accepted their fate or they only use small amounts, so they do what they can in order to possibly win or at least lose some of their money only, with the help of bankroll management. As I said earlier, bankroll management is separated, therefore yeah that it does not change the odds whatsoever. You think that it only increase our stress but losing all / most of our money is actually the real ones that is very stressful.

Do you gamble at all? Your answer seems more like a generic answer than a reasoned response from someone who knows what we are talking about.

[Hewlet]

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 is not always about what you've already deposited, it's about the budget you've set aside for your gambling and how you can work on being moderate with your gambling allocation so you don't allow your emotion get the better of you and push you to just flow by the trend of the urge you're feeling which can lead to gambling in an irresponsible manner.

For sports betting that's not completely a luck based game, even though you will need to just use an amount for the game you're playing, for the fact that you will be doing it for the long run will require that you implement a proper management plan in place so you don't find yourself losing more than you're winning. At the end, the goal is to ensure that you're in control of your gambling and can control yourself when it appears as though you're overdoing it.

[boyptc]

It's lovely to read everyone's thought on how important bankroll management and those that says that it's unimportant in a game of luck.

To me, what matters is on how responsible we are with how we're budgeting the bankroll so, it means that management is still there.

I think even if someone says that they're not doing a bankroll management when they play a game of luck. I believe that there's still somehow sort of management in there even a bit.

[mindrust]

I agree somehow. I only wager the amount I am comfortable with losing and I haven’t had any problems following that strategy. Winning is not my main goal as I know it it nearly impossible to win in the long run because of the house edge. I occasionally play to see If I am lucky and that’s it. I don’t keep records but I know I am not winning and that’s the natural outcome. People should stop getting obsessed with winning. They don’t realize their obsession causes them lose money.

[justdimin]

Nope, it's not right. Bankroll management is important to ensure that you get to enjoy your gambling experience as per your budget but if you are getting the satisfaction on one bet itself then your lucky just do it as you wish. And house edge doesn't mean you will always lose, it's just you won't win as much as house in the long run but we are talking about game of luck so if you're fate is to win then you will win and you just make sure that you stay there by gambling more.

We all know that gambling is all about luck. There is nothing else that can influence the results, but despite knowing that, we would still love to gamble as long as possible, also because deep inside we feel that maybe one of the bets we are making will win us something reasonable. We might even recover what we've lost even if we don't win anything on top of it, and this can only happen if we manage our bankroll properly. You can't enjoy or even hope that you might go to point 0 in one of the bets you are going to make if you go all-in and lose it all at once, even if you say you were unlucky and that's all it's about.

When I gamble, I always try my best to play as long as possible even if I don't have a large budget. For me, enjoyment is the biggest factor and I don't expect to get rich from gambling, but for me to win and lose and stay longer in the casino, it's important for me to manage my bets accordingly.

[Dr.Bitcoin_Strange]

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.

You don't just get the purpose of a bankroll, do you? It's not mainly purposed to change the odds of the game's outcome but to rather create the layer of enjoyment in time as you gamble bit by bit rather than you going all-in-one. Like how do you get to enjoy the game by going in all-in one at once.

In my opinion it's even an act of irresponsible gambling behaviour that I should go all in with what's in my account when I could gradually make the most part with each session.

Exactly, that's the point. It's very unsafe to do so because if you go all in once with your deposit, you could lose everything at once and wouldn't have any balance left to continue gambling and by so doing, you wouldn't enjoy the game you even staked on. Like you said, bankroll will not increase odds of winning but can make the player to play for a long time while their luck is being tasted.