Topic: Bankroll! (Read 612 times)

Sports does takes skills but that luck factor can wipe you out any time. It is the essence of gambling, you cannot guarantee your win even after honing your skills over years. The poker players are often quoted about this but they often have side businesses running which earn cumulatively more than poker itself. Hence whatever bankroll you end up keeping you will have to limit yourself or else you will bust it all.

There is no hard and fast rule regarding this but 10% is what I usually recommend.

Question 3 is a clear no for me, I will always gamble within my means and not spend more than I can afford to lose. I can't understand people that would gamble and recklessly, it just doesn't make any sense. Let's you are profitable at sports betting, why would bet more than you can afford. Just wait a few months and build up your bankroll from your winnings. And if you are not profitable then any additional spending will just increase your losses. As for the profit, I don't have a particular profit that I am aiming for, every win is great and I appreciate it. My focus is more on the risk, I want to avoid losing large sums of my bankroll. My bankroll depends on the type of game I play, for poker I have 500 USD and I only withdraw when I go above 1,000 USD. For sports betting I usually stick to 100-200 USD, except if there is big tournament then I might bet a little more.

That's the problem because if they only compare what they have with what other people have, they will only feel less and want more from other people. The current generation may be more emotional because there is a desire to have more, even in many ways. But they don't see whether it is good or bad for them.

And that's why we never feel satisfied with what we have. That's dangerous because we will keep chasing what we want even though we know we can't get it. But because a desire makes us unable to see our abilities.

When playing gambling, we really have to have good self-control so that we don't pursue something difficult. We don't need to use more money just because we want to win. Getting a win from gambling is not easy and we have to sacrifice more money even though that doesn't guarantee we can win.

Yep, but unfortunately the problem with current generation is they're always like to compare what they have to what people have. When other people have more than them, they think they're not enough and not happy with that, so they will try to gamble as big as the high roller in order to impress other people.

This problem can't prevented because everyone have their own cell phone and they can access it whenever they want.

They are the bettors themselves. That is what they @OP mean there. And I think there is no such thing as investing in sports betting. I mean literally, like investing in casinos bankroll. There are way too many people who are playing gambling. The growth of the gambling places are a proof to that. Therefore, there were actually lots of people who are going to do this. If you think you don't see these types of people.

Well, this thread is already a start for you to see them. The amount you use are not small to the most of us (I believe). But, go ahead if you think you can afford it. Maybe you are only earning more than to the most of us.

Yes, if I use more than $20, I'm afraid it will make me want to use more money, especially if I lose in the gambling game. I often maintain that amount during the week and I try to really limit his gambling time. That way, I can save and not use excess money in gambling.

Playing gambling in small amounts is enough for me, especially if I place bets on sports betting. I don't place more than $3 on a single sports bet and only on a few sports bets I know of. So I still have money to gamble another day and can use it to play slots.

We have to determine the bet amount and not look at other people's bets. They place higher bets because they have more money than us. So we must be able to limit the use of money for gambling to reduce the number of losses.

So, $20 is going to be your maximum bankroll? That seems acceptable for a poor gambler like me. For that amount to last for a week or so, you must be very lucky to win or just break even. Playing rarely and playing small amounts will also be a reason for it to stay longer.

I think it's okay to have expectations but just don't over do it, or over think about it. And just say that even if it won't happen, you will still be alright. Don't copy others if they are betting high. You won't know, what if they are earning more, than yours? And they could also handle the stress when they lose it. There are still gamblers who aren't like that and yet, tries to bet high. Well, good luck to them.

A person who bets on gambling has a different point of view, there are those who are looking for entertainment only and people like this tend to do gambling naturally, I mean people like this usually won't do gambling excessively because they know this is not a place to make money but a place for entertainment based on paid games. Different from people who have the point of view of wanting to seek profit in gambling. indeed everyone wants profit but if they force themselves to seek profit in gambling it is wrong, because if with such a view it will usually make someone crazy about gambling or what is called addiction, especially if it is done in the long term, this can destroy someone's life.

And I think it's just a matter of different perspectives and ways of thinking that have led to a lot of discussion about bankrolls and gambling.

By mentioning entertainment value, that means you are only betting on few games that you could watch? Well, if that's what you're into, then I guess it's good since after all, we all want to be entertain watching our favorite sports, betting is just adding some thrill unto it but it's not for everyone if the topic is about making profit in the long run.

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Most gamblers probably sees bankroll as a per session bankroll, what I'm bringing up on this topic is a bankroll for long term.

Perhaps there are sports bettors out there who treat their bankroll like that.

Gamblers are always more curious, even if they lose most of the time. The feeling keeps pushing them back into gambling.
And when a person is too addicted to gambling, it is difficult for him to be able to return to thinking that gambling is about fun.

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And to know that gambling is risky, do we have to experience a big loss first? I think without having to try and experience it, we will know about the risks, through an experience or an incident that happened to someone else. And people who think that gambling can provide them with benefits, most of them experience the opposite, where this gambling activity becomes a truly detrimental activity

There are different ways or technique to manage the bankroll effectively, and the main goal here is just to keep this bankroll grow, or at least make it last longer if you fail with sports betting.

For me, the easiest and the most effective is the flat betting type, like allocating a certain percentage on your bankroll, however, as you keep gambling and you already are convince you can be profitable, it would be dumb of you if you won't think of increasing of bankroll, so most likley it will change as the longer you gamble, you'll become more aggressive with how you manage it.

What I find is that saying figures is very Difficult to do something , first because a person has to be willing to lose a money in sports betting, in every game, in every casino one is allowed many moves, and this is something that is always known. can be done very Easily, I believe that when we are betting on sports we have to be very sure of our Bets , because to say how much we can win is very difficult, we would have to have an Absolute truth, and this is difficult, because we are people. of trial and error, and although I consider that the activity of sports betting is very similar or rather analogous to trading, because it implies knowing , in trading you cannot gamble because it would be irresponsible, you cannot invent with that , So things have to be very Careful with Money , because money in a casino is everything, and in a sports bet too.

If we decided to Venture into sports Betting, at the moment I would only leave 100usd and those 100usd as a supiociion. My goal would be to raise it to 200 in 1 month , and that is possible , if my analyzes are correct it Could be achieved, but I would have who chooses only 1 sport, at most it can be with boxing or Sometimes with the same UFC fight , which in my opinion is the most you can generate a lot of money with that, therefore, in the case of doing any type of movement, I can go more to train with respect to the sports that I like the most and that I master the most, such as those, otherwise I don't see the need for another sport, because it's like my people say, "He who covers a lot, doesn't squeeze much" and even so In sports they seem easy, but they have their Science, their way of doing things and their secret that for everyone there is always something that can be generated, always taking into consideration something Extraordinary , Like luck for Example.

It's true that the second option is more painful but does managing your bankroll only mean always playing the same amount on each bet? I don't think so, on the contrary... I believe that an elastic rule is always the best option for managing any type of betting option

Yow when you invest yourself into sports betting whether it is online or real, It can still consider gambling and we all know that gambling is fun and at the same time you can earn a profit from it.

Mind you that sports betting is not a waste of time, he just chose to have fun even though the probability of him winning is low. We all know that when we watch sports specially if there is a financial stake involve it brings more excitement for us as well as we are being  entertained.

But then as the nature of gambling is unpredictable sadly you cannot predict the outcome of the game. That is why we should not rely on it as our source of income and only play during our leisure time. I mean it's not bad to dream and hope that luck will come to us and maybe someday we win.

I never really think of gambling as me having a bankroll to play with. I just make wagers appropriately for the event in order to increase my entertainment value. Sometimes that might be a lot or sometimes that might be a small amount, but I never have a specific pot to gamble away that I’ve set aside for it. That almost seems forced.

If you start with more capital,the possibility of winning will be more in the gambling site.Because you can get many chance of winning in the gambling site if you do multiple bets in the gambling site.If you strict with 10-20% of money and that money is 10-30$,then you can bet in the less bets.So the probability of winning will be low for you in the gambling sites.

The sports betting or casino was based on the knowledge of you in the sports and probability.If you had good analytical skill,the casino will be the better option compared to the sports bet.The greedy should be take care in the gambling,because the greedy gamblers will be the loser all the time.

A percentage of what? Your salary? I believe many posters in the topic might have misunderstood the word "Bankroll". In the context of the topic, a "Bankroll" is your "Capital" that's exclusively used ONLY for gambling. It should be separate from your savings, and especially separate from your monthly budget for bills and your necessities. It's not a "Bankroll" if it's money used from your savings account/monthly budget.


This is probably the answer, but it didn't present citations from "the studies".

1. I can start with 1000$ but why would I?
2. 10-30% if I am being humble. 100% if I am being greedy  
3. I would always be content with whatever I get.

Frankly speaking the term investment in sports betting should be made clear. I don't consider gambling as an investment but investing in the casino's bankroll is something that is useful as an investment but not gambling per se. Please do check out the first option although such casinos are dwindling in number.

$20 is quite big amount to gamble and if we said that we bet into sports bet then $20 is quite good enough cause he / shee will make a good profit once we are too lucky to hit the jackpot but if there's no self control then all I can say is that those gamblers who arebet beyonds his limitations then they loss a big amount of money once they can't control themselves . anyways gambling w emust know that it's better to gamble using our money who afford to loss.

One thing i also see about OP series of questions concerning bankroll is that we oursel cannot be too sure on what might comes in thereafter with the way we gamble, we cannot be precise about the bankroll to use in gambling because we are not going to be accurate about it, doing so may be that we are fallen short of the target or running fast above what we are planning for as bankroll, our mood and countenance are bound to change at any point of time while gambling just as gambling will always ever remain unpredictable, same approach goes along with our bankroll.

First of all, I doubt most of us here will consider to become full on sports betting instead of having a job for secure profit but for the sake of hypothetical discussion my answer is as ff.

Maximum 1000$

Around 100$ to 500$ is my sweet spot for profit. I’m not expecting it but rather just a target profit.


I will be contented on any profit because any profit is precious when it comes to gambling. Increasing the bankroll just to expect higher profit is nonsense because the outcome is still unknown regardless of our bankroll size.

I think size of bankroll should matter less, if you can manage risk with a $100 account then $100K or a million should not change ones habit or style of gambling!

For a big account 10% is fine but for smaller accounts I would say 20% -30% is a good return provided you don't lose your initial capital...but never run the numbers for such a long period 


It's easier to say so when funds aren't in your account,  but when you get to walk the talk then emotions could get the better of you which is why withdrawing any profits made is a must for me...

I was not the type of person to make money with gambling. But there are a few OP questions that I think are quite relevant to what I have been and continue to be interested in in this field.

I think the amount of money I'm willing to spend with gambling on different types of games offline/online is probably around $500.


Usually I don't pay attention to this, but after losing/winning bets I always hope to be able to make a profit, but anyway, I only think about having fun betting profit not something I prioritize.


Perhaps I am very happy with the things I have chosen as well as the experience of gambling. Even if I lose all my capital, I think that experience is worth the initial money value. So I don't need to spend more on gambling, because for me this is not a way to make money.

I agree with you it's a waste, but there's a feeling of being challenge from gamblers who thought they can make money in gambling because they were inspired on what they see. The question is, can some be profitable in gambling, if the the answer is yes, they'll try to find a way to achieve that profit themselves. At least in the end they'll realize gambling is not for them, so they'll just return to gambling for fun.

As they say, no regret that comes first.



How can you measure your abilities if you will not try? People always try, if they make mistake, they learn and don't do it again.

If in the end you will only return to basics and return to considering gambling as fun. then why would someone try so hard to make this gambling and betting activity into a profitable activity. Isn't that just a waste?

Just be realistic bro, this gambling is about possibility and the chance of losing is greater than winning. Winning that dreams are a free space for expression and expectations. But we also need to measure our own abilities, and if the possibility of failure is greater than success. If the possibility of failure is greater, then don't fight for that dream.

So it's like this, first I was involved in gambling and betting in sports betting, I thought there was a better alternative way to make extra money in investment every year, namely on sports betting, of course it was adjusted to the capital we hadhave.

But after I discovered the difference between investing and sports betting, as one of the sources below said, who said.

So I compare that this activity cannot be understood as an investment, it is all more focused on one of the game factors.

For that I have the answer.
1. No, maybe $50 I hesitate to do.
2. Never and nothing.
3. Never do it.

I agree, the number 2 scenario is more painful to take because you shortened your games because you were chasing your losses. Most of us who were in that situation in the past probably have regretted our careless decision, if it wasn't part of the game plan, then it's certainly due to our lack of control which as we have seen would likely end up us regretting.

But how many times we really make the same mistakes before we learn?

I also ask this because personally I didn't make that kind of mistake once, maybe more before I finally learn to control myself and avoided that.

Yes, your method is good, in my opinion, if you limit your gambling budget, whether it's weekly or monthly, at least you do it so you don't get addicted to gambling, because many gamblers play for big money but can't control themselves properly and end up becoming addicted and bankrupt, me too limiting my gambling to no more than 2.5% of my weekly income so as to be consistent with that spending without having to overspend unnecessarily.

Always use cold money and unused money will provide comfort when playing gambling, especially if you lose, you definitely won't be too disappointed with it, of course you will be more aware that losing is part of the risk of gambling, so we shouldn't blame the situation for not feeling lucky when gamble. The point is to always control yourself when gambling.

Many gamblers makes this kind of mistake, it's the bankroll that gave them a problem as they don't know how to manage it.

Here's the scenario. In case you have $1000 total bankroll gambling for one day, scenarios are.

1- You do flat betting with $100 per wager and you had a 10 losing streak.

2- You lose all your bets, you start with $100, then $300, and lastly $600...

Which of the two experience is moare painful? I'll choose the number 2...the reason, lack of discipline in bankroll management.

That's very low, so it suggested that we are trying to venture into a business with only 1% chance of winning, you must be having some kind of weird thinking if you ever go into sports betting making money. However, since there are still people who tried their luck despite knowing the chance are low, so I salute their courage as a sports bettor like me would be happy seeing someone getting successful in sports betting, it's quite fulfilling.

Yep, maybe not for you, but it doesn't have to be limited to thinking in the way you mentioned, the sports betting market is huge, and there are many opinions about it. So play in a way that you think is safe. I also don't dream too much about the opportunity to make money, even though I'm also quite lucky when exposed to gambling. But I understand that the story of a player looking for relaxation is completely different from that of a player who has done their own research and calculations. There will also be individuals and groups that can be considered good players, and they have reasons to achieve good results in betting.

Anyway, I'm not someone who spends a lot of money on gambling, I'm happy to spend large sums of money, but to be honest I don't always do that. But usually I don't spend more than $50 on gambling every week, and there are even months when I don't play, so the target audience here will not be for me, just someone looking for comfort.

It depends because each week/month I can just make a withdraw. Normally I use just the amount I am going to playing in a session.

I can't make this calculation. I just play for the single session/match/tournament. I don't expect any profit or any specific profit just because I don't know which odds I can achieve.

Of course no. Never change bankroll if isn't affordable, this is a big mistake and can lead to several issues

It's true that everyone's thoughts are different and I know that too, because I myself think about it, not everyone will have the same thoughts. I'm just saying my opinion, there is no element of force either. also indeed I only consider it as entertainment only, and even if I get a win I consider it a bonus.

What do you mean by streamers? If they are streamers they obviously gamble live, and with live it may also be profitable, so even if the gambling they do runs out there is still income from the live, but as far as I know streamers who gamble they gamble with very large capital, so they are not reluctant to place bets.

They are the people who believe that making money in sports is possible. 1% of the total gamblers  or sports bettor are making money which will make them an exceptional bettors if they'll be successful with it. Everyone of us starts with a dream, I think it's okay to dream as long as you know your limit, at least once if your life you were able to do the things that you wanted to, if you fail, then back to the basic, which is to consider gambling as fun.

Who are these people that are dreaming of investing in sports betting? I'm sure that there's not a lot of people that are going to do that even when you make it look logical, sounds to me like you're creating fictional people that are considering investing in sports betting because I haven't seen a lot of users posting here that even consider that not even the NBA or Football mega threads. But if you're talking about short-term funds for sports betting then I would say I'd be comfortable to have around 200 USD because it's a safe amount, not too big for me but at the same time enough for me to make some profit in case I get a win in my bet.

My payments for campaign is what I used in my gambling businesses so for me it is enough to risk and start off.
double is better , that will show i am not a greedy one and contented with small profit.
never that In my mind to excess my expenses so nope , not thinking adding more.

1. not sure but more precisely always use the budget from the campaign to bet but occasionally use personal money around 2-3% of income.

2. none. I never have expectations of how much profit I should get in a year because I'm just an ordinary gambler, not a professional gambler who always calculates the budget and profits and I just enjoy every betting session.

3. It's not satisfaction but about the pleasure I get when I win, but when I lose I never feel regret or want to chase those profits, it's just about betting.

I never thought seriously about gambling after having bad experiences in the past. I currently just gamble, enjoy what I want to do without any big expectations and I consider gambling as a place to try my luck and if I win that's a bonus as long as I bet and if I lose this is gambling that always loses. so I never thought I would have the desire to invest in gambling which clearly still depends on luck and if I really wanted to invest I would prefer to invest in other places that are not as risky.
but I still respect the opinion of anyone who has the goal of investing in gambling because they may be an experienced gambler so they know what to do to get consistent wins and can always calculate their losses or losses.

I gave up excessive greed a long time ago, seeing that I have given up excessive greed, maybe now I am much better after gambling. Earlier the expectations were high and the amount of greed was high due to which the maximum amount of money was lost during that period. When gambling, I usually don't calculate how much I've won each day, rather I see how much I have left at the end of the week. Gambling will not give you profit every day, some days you will lose, so the exact result is not available on a daily basis. If my profit is $100 to $500 per week I am happy with that. Reduce greed and be satisfied with less so gambling now doesn't cost much money. I bet on Bayern Munich last night between Manchester United and Bayern Munich and I managed to win a lot of money.

Never dream of investing in any bookmaker it's a big risk and mistake to do so, I know some people want to make money consistently in bookmaking but it's really difficult.

It's not much at most maybe $20 depending on how big the bankroll is to start with, it also depends on the extra money from others.

There is no expectation of profit every year you should know, it's not an investment so I never think about it.

Sometimes satisfied if I win with big odds, dissatisfied if my favorite team loses. LOL
If you can't afford it then never increase the bet.

- I more suitable with 250-300$
- I think, I can't set up these depending on my rally and section. I can win a thousand dollars and end the night.
- Cannot guarantee, perhaps you can get lucky straight 7 days but you can get lose for next 2-3 weeks.


However, I want to tried something this month. Maybe 10%win/day, and call the day everytimg reach my 10% with around 100$/deposit + 800$ bankroll.

Depends on the current money that i do have or extra funds on that particular time because not all the time you would really be having that money for you to play on, this is why it would really be just that depending.
Not all would really be that huge or big splurges when it comes to gambling on which some would really be that mindful about their spending on which it is really just that a must thing to be done in the first place.
Bankroll would really definitely vary on each person or individual since not all would really be that rich or heavy gambler and this is why it would really be that depending on how much you could really be able to spend.
I dont really expect much when it comes to profits because everything would really be just that depending on how lucky you are when you do gamble. The difference when you do involved on sports betting is that
you could really be able to apply some analysis on which it would really be giving out that kind of chance or higher probability on winning up the bet but of course luck would really be still that necessary for you to win.
It is really just that a matter of acceptance on how you would really be gonna dealing with it.

$10 - $15 to start betting every week, I'm not setting a huge amount but that's enough to bet on football let alone multi betting.

There are no expectations every year, I don't record how much I win and lose because it's purely for fun, if I win I immediately withdraw and leave a little in the casino.

Currently, I am quite satisfied, although sometimes I lose a lot, but from all that I don't want to increase the bet just for the sake of wanting a bigger win.
I don't do that.

Bankroll should be according to what you earn as monthly or weekly income. Our income should determine the percentage of the bankroll we chose to use for gambling. It's not a competition it's a personal journey.

That's the problem with wild gambling, when you have much expectations and you are not meeting up you start feeling like a loser the next thing is to chase those losses thinking you can be able to make your expectations possible. I prefer not having an expectation that way I don't have to worry much how things decides to go.

Yes contented gamblers are healthy gamblers, if you don't get contented with a profit made you may end up losing it all chasing for more.

1. $100 or $200 should be enough.
2. I dont expect profits but as much as possible i would really be that preferring on high winning rate but of course nothing is certain if we do speak about betting.
3. Contentment would be always the key but once that adrenaline rush kicks in, then those initial plans and limiting will really be forgotten.

This is why it would really be that so crucial or much important that you shouldn't really be forgetting with those limits that you had set earlier.
For me, i dont care that much or making that myself too desperate on making up wins but as much as possible it would really be great that winning odds or chance is really that
much better but since gambling or betting do pertains about on how lucky you are then you should really be prepared on what are the things that might happen.
There are really just those people who cant really just that easily accept and become that impulsive.

I strictly limit my bankroll to those funds, losing which I will not blame myself. If someone thinks that if he increases the bankroll and it will lead him to increase his income from gambling, he clearly has the wrong idea about gambling. Yes, on the one hand, increasing the bankroll can increase profits, but at the same time, the risks increase linearly. In order to quench his sense of excitement is enough to spend 2-5% of personal income. At least that is enough for me.

I'm not sure what is your own definition of investimg is all about but I know gambling is not an investment, rather as the name implies is gambling and when you gamble, the risk is usually high sometimes it can even be 70% chance of losing or even more than that. I don't recommend gambling as an investment but should be entertaining way of risking what you can afford to lose and if it favour you, it might give you something in return and may not.


I don't think this should be a general question because it should be dependent on what you can afford to lose, a bettor can decide to use $1000 as bankroll but might be too big for me to do.


Expected profit depend on the amount you can afford to to lose as well.

In gambling, once you are too greedy, you will not only lose your bankroll, you will lose focus and start depositing more than you can afford to lose. If don't lose my bankroll, I'm very okay with any amount of profit I get at the end of the day.

Sports betting is not a commodity or an asset that it should be invested in, any body who finds nothing else to invest money on other than sports betting is foolish to be honest.
There is no consistent winning in any form of gambling including sports betting, it has always been advised that we all should do gambling only with the amount of money we can easily afford to lose.

Depending on sports betting as a means of profit is totally unadvisable, for there is no winning guarantee, games you thought and hoped that you could win and you pour all your bankroll into it, may end up being the one game you end up losing.

So, never should we see anything gambling as an investment, it's not and will never be, except one is investing in the casinos bankroll for a share in the casino's weekly or monthly profit.

1. I think $500 dollars, that's pretty huge already even though I'm not that really the kind of a regular gambler.

2. For a year? I think that's difficult to estimate when even your bankroll could be burnt in just a few weeks or months. I think x4 or x5 would be enough for me for over a year.

3. Of course, you don't have to push it when it's just really the limit of what you can profit, at least you've got a profit. Being contented comes with strong conviction that it is what you can make, just be good with that.

Flexible, depending on how much money I have that I can afford to lose after I spent my income for other important things in life.
I have no fixed amount to play but I have limit on how much to spend, usually no more than $250 in a month.

Double or tripple my starting bankroll is more than enough for me.
In case I get a better luck that give me like 5x or more, I'll withdraw the profit and continue playing with the initial bankroll only.
But I made double or tripple only, I will withdraw at least 90% of my balance.

Sure we have to stick on what we expect or we have set before start, this is one of the available ways to avoid greed and addiction.
I will never increase my bankroll more than what I have prepared, better to safe than sorry later.

If I managed to get seriously into sportbetting for the sake of profit in the long turn (like the year of period of time you mention) I believe I would start with an initial bankroll of some hundreds of dollars, not many, perhaps about 300$-500$.
I would consider myself to be going in a good track if I managed to get a 50-70% of returns on my initial bankroll, to be honest. Otherwise, I think I would retire from betting for the sake of profits and only start doing it again for recreational purposes.

I do not think I would go more deep into betting and use money I cannot afford to lose as bankroll, because I think to be realistic on my expectation and have a conservative risk management. On the other hand, I am sure if I managed to get a 50-70% at the end of the year, I would feel incredibly tempted to add more money to the betting bankroll. It would depend much on how confident I feel on myself.

Though, important to mentioned that sportbetting is much more than bankroll management, one can be a very good and technical person when comes to managing money and use tools as Spreadsheets and functions, but any of matters whatsoever if one does not have the luck and the intuition to predict the outcome of important matches, where the most liquidity is...

Investing in sports betting? Since the beginning, this idea is completely erroneous. You can't invest in gambling games, because they aren't investments. They are games of luck with random results. When making an investment, you have to analyze how guaranteed and safe it's going to be along the time your money will be invested there, so you can conclude if it's worthful or not.

In sports betting case, it's definitely not, because only a very small percentage of the total number of gamblers manage to make this activity profitable on long run, with a winning percentage around 52%-55%.

Don't misunderstand business with entertainment, for the good of your own finances. Keep realistic with your bankroll, never increasing it for chasing losses or pursuing goals you can't afford.

Compared to casino games, someone can have a high success rate in sports betting but in games with obvious results the odds are not going to be that big so you only make very less reward from your bet amount whereas if underdog beats the favorite then you might end up losing the reward of 10 of similar games so even with 10:1 the profit can be literally zero.

And myself more of a casino guy, just gamble and flee away because more time I spend the chances of getting deep into it high which I don't want to do and sport betting on games could add more pressure and enjoy the entertaining factor of that game in my opinion.

Around $100 lately? It was a bit bigger but I've recently decreased it since I'm planning to move some of the money spent there towards investments instead.

As for expected, 0 really. it's what I expect from anything I spend money on. Money I don't have is money I don't own, simple as that. it's rather stressful to live thinking "I already got that million dollars from the casino, just gotta win it" kind of mindset.

As for profit, I'm usually content with anything twice over any of my initial bet. Now if it's enough to stop me, well, a $100 per session isn't going to provide much in terms of profit so I highly doubt I'd be satisfied. And as for increasing my bankroll, no. I have this certain upper limit that might or might not change depending on my standard of living.

Everyone has out own choice, maybe you only see gambling as a form of entertainment, therefore you should only put a very limited amount of money, enough to make you have fun regardless of the outcome. However, there are people who really thought they can make a living in gambling, try to watch youtube videos, you'll see a lot of stories, so if a gambler sees that, it could inspire him to build his own journey.

It's a huge challenge as the success rate is less than 5%, that according to what I read. So becoming successful is life proving to yourself that you are special.

Here's my answer on your questions:

1. For this question, I can't say the amount because there's no specific amount. I just use my extra money for sport betting and I do not
place it all at once. I'm just using the amount that I can afford to lose.

2. Honestly, I don't know because I play sports betting for fun if I have spare money and time only. So, I don't expect any profit since I'm using small amount only.

3. I am contented on my budgeted money for gambling and I don't consider increasing my bankroll since my budget is limited only and I'm more focusing in my essentials than my own leisure.

That's all!

I personally wouldn't do that because even though I have a lot of money I've never thought in that direction, by making a very large deposit, because I myself am someone who doesn't dare to take risks in terms of gambling, it's better for me to invest it if that's the case. also I believe in luck, no matter how small the bet is if luck is on my side I think it can get victory. Maybe other people are different, like you who dare to deposit a large amount, because they believe they can get a win equal to their capital. but I myself don't, I once deposited $50 and I got a profit of $250, so from that I believe in luck. if luck is on the side then victory will be obtained. I don't know if other people will agree or not with my opinion, because it's not my business, everyone has their own choices.

No specific amount, but I only use my extra money every time I start to gamble. Not that high, but not too low.

I can't think of an exact answer to this question. I only play to enjoy and if luck is with me, the winning is a bonus that I can use to play some other time.

Yes, I always try to keep myself under control. I know to myself if ever that I try to increase my bankroll, I might be blinded with more winnings and becomes the reason to lose more money.

Sports betting is not an investment but it is the same as betting in other gambling games. If you want to invest, choose an investment that can become your savings where the investment can provide benefits in the future, such as investing in bitcoin.

I usually put up $15 or $20 to bet on sports betting. But I don't bet above $5 because I might want to bet on several games at once. So far, the results are still good and I still place sports bets even though I don't watch the matches very often. But I don't intend to increase the money for the bet because that means I increase the risk of losing the money.

Yeah, he probably sees it as an investment. Your take is, it's not an investment because you don't believe there sports bettor out there who are consistently making profit with sports betting? Or it's just your way of sending warning to gamblers that we will just likely lose so don't try?


Now I see, you aren't consistently gambling into sports. That's why....

Depends on my set budget, but usually it ranges to $20-$40. That's my set amount meant for leisure.

I never think of it honestly. Of course as a gambler I want to win and somehow earn. But if that's your mindset when playing, it's not going to be healthy since you have high hopes which is not advisable in gambling.

I don't go beyond my set budget and that's how I discipline myself. So if i'm out of funds already then it's time to quit. Regardless of how much I won during my gambling session that's already good enough.

With all these questions, all I can imagine is you see sports betting as similar to investment which is not.

I don't really play to bet on sports like that and myself rarely bet on sports and it will be only for short for specific game(s) and win or lose just celebrate and then move on.

But if I may ask, is bankroll a factor that guarantees profit?  Because I literally don't think so, as rather profit is a product of both lucky and your gambling experience (skill),  and as such anybody can use any bankroll, inasmuch as you are able to come up with a well-strategic betting plan, coupled with luck, then you are likely to win good sum with the least deposit.. Hence, having a huge bankroll, with a targeted expected profit which you intend to make in a year do not guaranteed you gonna hit such target. Inasmuch as gambling is a game of luck

There is no exact number of how many people can afford to start because any gambler who is just starting out definitely has no limit on the amount of money that can be determined and on average they use more.
Personally, for now I will probably only use an amount of money that I can afford to lose so I don't have certainty because the amount depends on how much money I have left over, but it is definitely never more than 20% of my monthly income.

Honestly, I skeptical about the hope of profit from betting because it cannot be obtained for sure and of course if you expect too much it will only bring disappointment and possibly depression.

I don't know whether I will win and get profit on every bet, but what is clear is that whatever the result is, I accept it happily.
So, whatever the amount of profit or even loss, I will be satisfied with the result because from the start I didn't expect too much from winning and accepted losing.

That's true, if you are ambitous enough to make money in gambling, you should start with a decent bankroll as that would make you serious with gambling. It's not about having fun anymore, it's about using your skills to be profitable in gambling, with $1000, you can win $1000.. it's still sounds so realistic, but having $100 to win $1000, thats kinda hard to achieve, you need to be extremely lucky to get that amount.

Maybe for you it's like that, but for me it's more than enough, because in my opinion, even if I bet a large amount, I don't think it's guaranteed that I'll win easily, and on the contrary, no matter how small the bet amount is, if I'm lucky I'll definitely make a profit. Also the aim of playing is different which makes me set a budget in gambling, most people gamble with the aim of multiplying their money and this is the main thing, different from me who plays just to find fun in it where the main aim is not multiplying their money, because I already know the chance of winning in gambling it is very small, but the chance of losing in gambling is greater.

So do you think that if you really want to gamble to make a profit you have to deposit a minimum of one thousand dollars?
But does that guarantee that it will be easy to win? or will you get victory?
People who bet large amounts are likely to win, because I think they dare to take the risks involved in gambling, therefore they are not reluctant about the amount they bet.

Believe me, anyone who has a betting session will always hope to make money in their betting session. especially, if you actually win. however, if the mindset is to gain consistent profits, usually the opposite happens.  In the end, someone will be trapped in their mindset of getting consistent profits. then, plunged himself into something that was almost difficult to make happen.


Everyone has their own limits, some are consistent with the bankroll they have set. some are random according to the situation and financial conditions. there are also those who just have fun with minimum deposit limits and play with the lowest bets. usually, most types like this prefer the parlay option.


To be honest, I can't answer it or even simulate it. because, I play just to do what I like. the point is, winning or losing is something normal and I never even calculate profit or loss.
So far, I bet nothing to lose. the concept is to have fun, but there are methods or variables that we use in sports betting to minimize fatigue. which means, we have to research and analyze apart from other knowledge and understanding. so far, I'm satisfied with what I'm doing. sometimes winning, sometimes losing. the point is, in sports gambling you don't really rely on luck. so I often win, as well as lose.


As for increasing our bankroll, it is usually done at certain moments. whether it's a match in the final round of a league competition or a world cup and something involving prestigious matches. well, I have answered for ands from my personal perspective.

I’m definitely new to gambling, but even I understand that $10 is too small a deposit to count on any profit. You probably play just for fun and it is obvious that this is the amount for you, that will not be difficult to lose.

I always thought that players who expect to make money in gambling should have a gaming deposit at least close to a thousand dollars. But if it’s just for fun, then the amount can be any.

to answer the following questions of the OP :

it depends on my weekly budget, but usually, i can say 5% of my weekly earnings, 10% tops. if i still exceed on my max amount, it means, there are serious consequences that i need to face with. and that will be for sure a torture week for me. so do i really want to go thru such process, such mental punishment on myself? or would it be easier to just keep my head clear on my games and stop when i need to? i guess, i'll  just go for the latter then.

this is hard to determine as this is a very subjective one. it depends on how much i am putting to my bets the whole year. since each week varies, then i couldn't calculate the actual expected profits. also, as i am not counting about my profits, but my max limit per week, i wouldn't know this part.

of course, i will be content with whatever profits i will make, because we have no choice, right? we can't dictate the outcome of our bets.
not increasing my bankroll if i can't afford it. this is for me a non negotiable one. it means, i have a lot of important things that will be taken for granted or not paid if i will follow myself. and it surely means, i am being selfish because i am only thinking of my own happiness and neglecting the welfare of my family.

The gambler who can handle their emotions in the gambling will do the right things at the right time.Because keep playing is alone not the good gambling,the gambler should ready to stop in the particular situation to cash out their winnings along with the deposit money. If you keep playing the game after the winnings,it the luck was disappeared.Then the game may change in the negative manner,So the outcome will be the negative one.So the experience gamblers also use the cash out option after the winnings.

The gamblers also choose the single game to keep their continuous winning by the good knowledge in a single game.Playing multiple games are not the good option,use single game and more initial to get the good results from the gambling games.

$10 will be okay for me to start betting on sports betting.

I don't know because I don't chase the profit.

It is hard to increase my profit on sports betting because I think it needs more skills to win many matches. But I am happy with any profits that I can win.

I like sports betting, not because I'm looking to make a profit there because it's clear that neither gambling nor betting is an activity that can multiply your wealth or your money. The reason I do sports betting, especially on soccer matches, is because I really like this sport. By making a bet, it makes me even more excited when watching a soccer match because the betting in it is very adrenaline-pumping and gives an extraordinary sensation when watching the match. It's different when I just watch without betting, I feel a little empty when watching it.


I only bet on the amount that I am ready to lose. And at the moment I can only afford to lose money at the highest amount of 10 USD.

I don't really expect much from the betting or gambling that I do, because this activity is nothing more than entertainment.


When it comes to profit, of course I don't feel satisfied because neither betting nor gambling can provide a sizable profit, except if I really get lucky and am quite skilled in making bets. And at the moment I never think to increase the amount of bets I spend. Because that will only increase the loss rate.

Around $5-$20, and it used to be higher because I still prioritized profits back then.

I don't set an expectation on how much i'll be making because sports betting can be unpredictable, and having an expectation could unnecessarily put you under pressure.

I'm always happy with my profits even though it's not much. Better avoid that greed before it backfires.

1. $100
2. Dont anticipate, it would really just that make you desperate
3. There would really be a specific bankroll for each session, if you do win then you should know on when to stop and if you do have some loses then call it a day and dont pursue even further.

Play on the amount on which you can afford to lose and never ever make yourself that having those delusional thinking that you could really be able to take up some advantage
over or against the house or even playing with those strategic things wont really be giving out a guarantee that you could really be able to win.
This is why you should really be that realistic on whatever things that you do have in mind.

Financial handling or management would be crucial on gambling world but if you dont really care on losing and you are really just that doing for fun
then it would be your own choice yet this is really that something that right to be done so.

Having the thought that by getting involved in gambling games the person will be able to make profits is definitely a very dangerous thought, that person will put in an amount of money and will keep making profit plans and in the first game in which that person makes a bet they will losing, in the second game that this person bets on, they will also lose money and even if in the third game that this person manages to get it right, they will still be at a loss, this is because in games of chance the house always wins, no matter how much a person is smart in sports betting, even so in the long term this person will not be making a profit, gambling is not an investment



It doesn't matter, you can have 1 million dollars and someone else has 1$ and is betting with 0.1$ on each game while you are betting 100,000$ on each game and at the end of 10 games both players will have 0$ bankroll. . The reason is simple: in the long run the house always wins. Imagine how many games with good odds a person would need to get right in order to be able to come away with a profit? There are a lot of games and they have to be games with odds from 2.00 upwards, and we all know that games with low odds are not profitable in the long term and that games with high odds are much more difficult to predict


As I said before, no one can make these types of plans in gambling and achieve the goal they planned, in the end the only calculation the person will be making will be how much money the person lost, how much loss the person had in the real world. . People need to look at reality and not deceive themselves


I play for fun, I don't expect to make a profit because this is not something easy, the only way to make a profit in gambling would be to be lucky enough to win a lot and stop playing, as long as people are playing, they won't make any profit, but they will be having fun, that's the good part about gambling

There is no consistency in making money out of sports betting unless it is an insider job. This aspect is out of your control. The consistency here are in - reducing your losses that is overall, more wins than losses and consistency in strategies.

I started with just $25 dollars and wagered 5 dollars on four games per week.


Because of consistency in strategies, I made up to $1000 profit in the first year.

I was contented with my profit and didn't increase my $5 on four games per week for 18months. It was after then, I gave it a thought to increase my bank roll to $30.

I don't think there's any template for that. Because it depends on the style of each player. There are many similar threads given here, but there is a point that I always remember, which is to use a maximum of 10% (lower is better), of the income you have, as long as it doesn't cause you trouble. But, this can be difficult to implement, because there are many gamblers who cannot accept losing. So he adds limits even to the conditions there are no limits anymore, because they are can't control himself. This is what should be avoided. So, if you feel 1% is the maximum you can use for gambling, then that's the template you should apply.

I haven't thought about it this way. Is there a template that I can use to determine what the best amount could be used? Like in how many percent would be the best one?

My additional question is, has anybody done this type of gambling in a year? And had resulted in profit?

I set a gambling budget of $10, because with that amount for me it is enough to do gambling and it is enough to pay for my desire to gamble, because if I set a higher gambling budget I am not ready to take the risk. so with the budget that I have set I think it is more than enough. for my own profit I don't think about it, even if I get a win, of course I will cash it in and if I lose I don't continue gambling because I already know the results will probably still lose so I stop there and come back later after a few days or a few weeks later.

Even if the profit is small for people who have a good mindset it is quite satisfied, but maybe for people who do not have a poor mindset  for them small profits cannot make them satisfied and make them always gamble to pursue bigger wins in order to get big profits too.

For me, $20 is enough to bet on sports betting, especially if I bet too much. That $20 might still be there for a week or even more, depending on the match going on.

I never have expectations about how much profit I expect in a year. I am still far from other gamblers in that they definitely use more and can place bets with big money. That's why I only use small money to bet on sports betting.

At least I am satisfied with what I get from sports betting. I never thought about increasing the amount of money to bet. That would only increase my number of losses and I didn't want to do that.

Investing in sports betting, did I hear you right.
Investing with betting has a very big difference, both also have different risks.

Not much, just a small portion of my income. If I succeed in winning the bet, I can use the money to place bets on other matches. But if I lose, I will try to place a bet of the same amount next time.

It is very difficult to determine the expected annual profit from betting, when you walk on two equally sharp sides, only luck can bring you a profit.

I always walk slowly to maintain financial stability. Increasing your bankroll is not a solution to getting bigger profits, what if after increasing your bankroll luck is not on your side, of course this action will make you fall into a deeper hole.

1. At a maximum I try to bet with 1% of my monthly income and a hard limit would be 5% but no more after that win or lose. If I win I set a rule to cash out though.
2. Not expecting anything. I am telling myself that in order to gamble in a healthy manner I must do it for fun and not chase profits. Yes, I might win, but that's a byproduct of playing for fun and in case it happens I just cash out and don't think about it much.
3. Sometimes if I hit a big winning streak, I will not put any of my salary income in the casino and just only cashout part of the profits to play with the rest. The more this happens the better.

I only budgeted $4 daily in my gambling which I know that it will go a long way to keep me to experience profits and losses which are 2 major thing you cannot miss in sports betting either you win from you bet or lose from your bet.
Yes, am very content with what I earned in my gambling because moreover I gamble to have some fun that will make me to forget some things that happened in my office that is causing my depressed because the moment I begin to watch some of my favorite team and see them winning a particular team i predicted for, give me more Joy through out the day. Nothing will make me to increase my bankroll in betting because I budgeted $4 daily and, I don't take gambling as an investment were I will earn money to buy cars or create investment but just for a fun purpose.

1. I have a salary every week so I am usually only limited to around 2.5% of my weekly income because my wife manages all my gambling budget and also manages my gambling time, so I can still control everything well and avoiding addiction is the most important thing to avoid .

2. I don't really target my winnings so I don't count on profits for a year, because for me enjoying the game and feeling the adrenaline rush in sports betting is fun, apart from that the important thing is that reducing expenses from gambling would be better because it wouldn't be good if I continued to pay for gambling every week, so every win I get I will roll back to play the following week.

3. I am satisfied because I am entertained, depending on how each person views it, if I personally only view gambling as just entertainment, not just looking for profit, I don't think about increasing my income from gambling because I don't make money from gambling, which is different from the perspective of other people who might Their target is victory and profit, while I don't care about it because I know that using a mindset like that will not have a good impact on me in the future.

You don't invest in gambling, unless you buy casino or betting websites shares  
For example Flutter (Paddy power)
https://www.fool.com/quote/lse/fltr/
Not that bad returns!


These are the mistakes of a gambling addict not a "investor" whatever that might be, lols
You don't bet $1000 just because you have $1000 to bet.
You bet if you see an opportunity to bet or you feel like you would enjoy the game more with a bet.

Take my example , I usually go from $300-$500 on horses a month, this month a lot of races have been rescheduled or abandoned completely, bare two or three  days I haven't placed a single bet cause there is nothing to bet on it.

I don't know maybe $2000. I'm assuming that I can use this bankroll for months of gambling, it's not going to be a rushing game, right?


I'm seeing $3000, it's a very conservative estimate, considering my success rate is just at par on the passing rate which is 53% rounded off.
This also means that bankroll is properly manage, no martingale strategy that could ruin the plan, and will result to wiping out of bankroll.

I guess I have to take it slow but consistent, so I'll be contented with it.

Investing? The moment you have that mindset you are going to regret it, do you know that your risk in anything called investment is way better than gambling? That's why they can't be the same, because you can lose money in investments too, but it is going to happen once, you learn from it and choose a better investment later on, but gambling is gambling, nothing but betting on pure luck.

Anyways, as a gambler, I have no expectations from gambling, no amount per se, I just gamble and if I win anything at all I will withdraw straight away, any win is a win for me, this is just one of the ways I plan to always over power gambling addiction, don't have a goal at all, just do it and see what comes up, also with only what you can afford to lose.

I approximately use 5% to 7% of my monthly salary. I'm generally conservative with the amounts I use, as I don't want to potentially cause issues in my budgeting or my life due to gambling excessive amounts of money.
I'm mostly doing it for entertainment purposes and not because I anticipate yielding an income from betting. I don't think it's supposed to be that way unless you're constantly analyzing odds, teams, performances, etc., something I'm not willing to do. If I manage to yield anywhere from $400 to $600, I'll be satisfied. As long as I'm not at a loss, I'm fine.
As I've mentioned earlier, maximizing profit isn't my main concern; I'm satisfied providing that I'm not at a loss by the end of the month or year. I'd rather not increase the amount I allocate towards gambling, as it can easily take a turn for the worse.

There are? I never even considered putting investing and gambling together. I was thinking you meant investing in stocks of gambling companies or becoming an initial investor.

These questions are not for me since I don't consider betting on sports as investment but I'll answer. I could afford about a $1,000 but I usually just use smaller amount like $100. I try to win as much as possible but I don't really expect to profit much from this and I don't set a target.

Investing and betting are two different things, it's not the same, I think that the closest call and in general will be investing in the bankroll of the casino for which you have asked the following questions.

For now, I don't have any affordability to do that. With the recent research that I've seen or let's just say quick reading from the experience of the actual bankroll investors, it's not worth it. But if you have spare money to invest there, that's much better with movement than to be stagnant and have no gains at all.

Oh, going to the point where I'll be starting to invest with the bankroll. I won't start with a small one because gains with that starting capital is so much little so mostly if I can afford more than a thousand buck.

This varies and depending on the revenue of the casino but with that amount, I expect no less than 3%-5%. This is just a guess percentage and more likely close to reality.

Yes, if that's just a spare money of mine. As I've said, that's so much better than to gain nothing by being stagnant or deposited in a bank.

Not more than five percent of my monthly earnings will be a comfortable allocation for gambling. Sometimes I can increase and decrease it based on the projected monthly expenses.

I don't really project my wins for the month because gambling is an insignificant revenue source to me. If I win, that's great and when looses comes, I take it with all pleasure. I gamble more for pleasure than the returns, but this shouldn't mean that I don't like wins.

An increase in bankroll might not necessarily lead to more wins. If you are not also content with your profit, it might lead to chasing losses and gambling more than you can afford. Therefore, I am always comfortable and content with my profit. It might not be pleasing sometimes but there is nothing one can do about it because you can't compete with the house.

Bankroll management is only worthwhile when you have a chance of making a consistent profit, which is not true for most casino games. It only applies to something like poker, otherwise you're likely to just be slowly depleting it every time you play. If you are playing poker then the recommended amount is likely 100-250x the big blind if you're only playing one table at a time. It's much larger than people might expect, but you can rapidly burn through even that amount. Most people are unlikely to have enough if they're just starting out.

I never use such strategy.I start with whatever bankroll I may have and think to win multi tickets.I try to get odds in total of 10-20 and I play with IDR as currency betting from 20.000 to 50.0000 per bet and hoping to increase the more possible my balance.I am not happy so far as I have kept losing in a consistent way so far.Normally everyone who is in profit in the end of the year should be happy with whatever amount they are in profit.

For long term purposes, I think I could start a maximum of $1000, but I won't be able to produce that money upfront or deposit all of that in a casino. $1000 is just my limit, if I lose all that money, I would stop gambling and wait for the next season.

In a year, this is kinda long term so I needs long term answer.

In figures, maybe for $1000 bankroll, I'd be okay with $5000 net profit in a year.

No one would be contented in gambling, if we are consistently winning, we would be more aggressive in betting our skills, so most likely I would increase my bankroll on the next season, so I could expect a bigger profit, that if I would still enjoy the same outcome I had in the past.

I usually just start small though, maybe around $50-$100 as a start for a bankroll and do sports betting.


In a year, that's too long in my opinion, for me a month will do, probably a conservative 2x - 4x returns of your first bankroll might do it for me. It could be difficult to accomplished do as I usually do single bet and not parlays.


That is the big question, sometimes even if you reach your desired return, I have those days that I will still continue to play and then lose some. Then regrets set-in, so I guess it could be case to case basis or at least we should take care of our emotions. Yes, if my chance my first bankroll will be swept from me, then I might do and deposit again and continue to bet on sports that I like.

Do not invest on sport betting, it is highly risky. Gamble with the amount of money that you can afford to lose.

5% of my weekly income.

I am expecting losses, not profit. But I do my best nit to lose but to gain.

I can not increase my bankroll for it not to lead to money loss of which I can not afford to lose.

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

2. With your bankroll, how much expected profit do you anticipate in a year?

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?