Topic: Bankroll management discussion - page 2. (Read 372 times)

Usually gamblers who only gamble for fun always limit their gambling so even though it sometimes takes a long time it won't make them spend their expenses, obviously they will stop usually when they reach their gambling spending limit, usually there is a certain deposit then when the money runs out even though betting small will not make curious.

I'm a person who often gambles with small stakes and it doesn't cost much money to lose either but indeed sometimes I often get emotional when I feel bored or have reached the point of pleasure, so I play seriously and risk all the money taking the opportunity when my money runs out at that time I had to stop because I had reached my daily spending limit in gambling.

We must remember that having fun gambling doesn't have to be for a long time because we need to limit the use of money for gambling. If we use a small amount of money in gambling for a long time, I think it can increase the money lost. And when you play slots, you can experience increased emotions, especially when you can't win even once. That will certainly make you curious and might also increase the bet amount. And when you increase the amount of the bet, the amount you lose can also increase, eventually making you lose a lot of money.

What you're getting here is that if you stay longer in the game, you'll have more fun. However, if we base it on the real chances of winning, since slots have a house edge, that means the longer you gamble, the lower your chance of winning will become. It's pretty opposite to your expectation, though.

I wouldn't consider 3% of the bankroll as the base bet to be low-risk gambling since if your bankroll is $100, your base bet will be $3 which is pretty high in my opinion unless the person doesn't play slots and only plays games which have only 2 outcomes where one can use martingale to recover lost bets in which case, even a small loss streak can take away your bankroll in no time at all.

I personally prefer using the smallest bet possible when I'm playing slots because that would allow me to have as many spins as possible since which will increase my chances of maybe hitting a big multiplier because it sometimes takes time.

When it comes to luck-based games, the best strategy is to aim for big wins while smartly managing a small capital. That way, if you lose, the impact won't be significant. It's all about risk management. We all know that in luck-based games, our chances of winning are very low, especially in the long run. Therefore, our only hope of winning lies in pure luck. So, if we are exceptionally lucky, that's the time to seize the opportunity and cash out. Once we achieve a big win, it's crucial to know when to stop and avoid being overly greedy.

On the other hand, when it comes to skill-based games, a more thorough approach and proper bankroll management are required. In these games, we believe we can win consistently in the long run. It's a gradual process of steady progress and improvement.

When it comes to luck-based games, I don't really allot a certain percentage of my bankroll and just wing it. Besides, do I really need to be conservative with $20 if I'm just looking to have fun? Though when it comes to sports betting, if I have a $100, I'll make sure to make it last for 5 games and possibly win some games from those 5 games. That's as basic as it can get for me when it comes to bankroll management in gambling as a non-hardcore gambler who's just looking to have fun and some additional beer money.

Yes, and most likely if depends on how you feel as well, as you have said, if you want to have some fun then don't limit yourself. Play with what you can afford to lose and then just have some fun.

Poker though is very difficult,  perhaps you need to manage your bank roll in the beginning and just be on the safe side and not risk early so that you can stay in the game for so long and who knows, maybe you will be the one last man standing and win the tournament.

Would really be that situational basing up on what type or kind of game you are really that been dealing with on which using up 1-2% in luck based games would really make longer sessions which it would be unlikely when

you do make out bets on sports betting or playing poker games on which those percentages would really be more because it isnt something that way too risky comparing into casino games which it would really be normal on having this kind of approach. Bankroll management is really that suggestable to have because you would be able to enjoy up your gambling session or time further more because you dont really
make out such kind of all in thing when you do gamble.

You would eventually be able to find out for yourself on what kind of spending or style would fit you in. Its up to yours whether you would be liking for it to be that longer session or
would really be that impulsive on going all in specially when playing up some luck based games.

I can say also that I am allotting small amount in my gambling activities.
But when it comes to management of my bankroll, I am allocating higher percentage when it comes to sportsbetting.
For luck-based games like hi-lo, crash or dice, I only use like 1-2% so I can play longer.
As much as possible, I have my limits in gambling. Though sometimes it goes beyond a lil bit, but I always make sure I don't go overboard with my spending.

There was a time when I believed in "strategies" of the martingale type, where it was possible to win constantly but little by little and for that I needed to make low bets so as not to be "eliminated" too quickly, but soon I understood that this was just a way to die more slowly.

In fact, it is very tedious to place low-risk bets and when you win, realize that you have received almost nothing.
My bets are always aggressive, and without worrying that I might lose money quickly, as I always go into games thinking I've already lost.
The advantage is that when you win, the victory is really worth it, and that's quite rewarding.

I've never had a conservative bet, but you can't confuse a risky bet with an inconsequential bet. I was always very aware of the values I bet and I never bet more than I should.

Losing (most of the time) and winning (the few times) I can sum up that I am very happy with my bets.

I don't utilize a certain amount when I gamble. Everything depends on how my gameplay goes, but I try to maintain enough self-control to regulate and manage my bankroll well. But if I will estimate it, I think it only goes between 1-2% or at least 5% or my monthly salary though I only gamble when I want and not regularly and as much as possible, I only gamble with minimal amount to avoid excessive gambling.
We all know how compulsive gambling will affect our finances so we should always have self discipline when it comes to spending. There are gamblers who continuously gambling as long as they have funds and will stop when they are losing their bankroll and that's what we should avoid.

I only ever gamble 1% of my bankroll for ever bet, low risk and all that, but the main reason why I really go for low risk betting strategies is because I wanna prolong my bankroll for that particular session. I'm no longer an daily gambler, and only ever really gamble when the situation allows for it, so whenever it does open the opportunities for gambling, I make sure I savor every moment by playing as slow and steady as possible. Plus in theory, the more you play the more you win right? So with that logic at play, it could be safely said that I have more chances of winning my bets than someone who gambles aggressively, although I don't really know how we can put that in practice. Anyhow, that's my take. I gamble, but I make sure it's at extreme moderation.

Interesting, actually I don't really think much about what percentage of money I use as my bet size. but I have two habits, you could say two rules and it all depends on my mood. but anyway, i have max limit. for slot games, I only budget with a small bankroll. no exception, for other types of casino games. different when playing live casino games, such as Baccarat for example, roulette, or others. however, it's all purpose is just for fun. which means, the bankroll will be very limited.

However, it is inversely proportional to sports betting. if there are crucial matches, I can use a big bankroll. for example, like yesterday's FA Cup final between City vs United. ideally, I can bet big enough according to my belief in the gamble. if it's just casual competition, I limit the stakes. can be single or multibet betting options, again, depending on mood.
Which in essence, I don't really focus on the percentage of money I use to bet. most importantly, the money I use is money that is ready to be lost, without having to interfere with the money that should be my obligation to support my wife and family. the important point is, I have rules that I can't break, I can't harm other people, relatives, friends, wife, or family. that way, even if I lose in a betting session I don't need to blame anyone and be responsible for myself.

Indeed, if you want to extend your stay, I mean, if you want to play with a much longer time frame, it's better to lower your bet and keep it going.

It's how you manage and control your emotions most of the time. There are instances where you will bet bigger than the usual thinking that the chance is
bigger than the last time you tried.

In terms of deposit amount, also using random deposit and see if some luck will help to win some then withdraw or let it go if I lose my deposit.

Keeping the bet amount lower as much as possible is good for you because it gives chances to bet more in times while going with higher can drain your balance quickly or give you more rewards so it depends on what you are ready to risk. As an occasional gambler I just use the random amount to bet and will increase or decrease depends on my winning ratio, sometimes I try all in and got busted.

Bankroll bets or the strategies used in managing bankroll betting management, as far as I know, are different, depending on or based on their respective experiences.

My betting experience and the method that I often use and it's proven to be effective for me personally.
For example:
* I make the smallest bankroll in every bet I want to place, meaning: less than 5% of the total bankroll offered, that's the strategy I often do, for example 1-3% and so on, essentially less than 5%.
* Before I place a bet, of course I first research the game I want to bet on/chance to win, meaning: don't choose a random game.
* And finally, evaluate bets and always look at the bankroll. That way I can always be vigilant when placing bets, meaning: don't exceed the limit.

Note: I don't know the strategy anyone else is using. that's my experience.

I can't imagine if someone wants to make a living from gambling as a poker player because that person must have very high poker playing skills to beat opponents. And he must also have greater capital to advance to the next round.

That's why it's better not to use a lot of money to gamble and try to finish the game before the money runs out. We don't know when we will win, but defeat can come at any time, so we have to be able to manage when we have to stop.

I gamble, but not so much as other people, so the ideal bankroll bet size is okay for me.

I do not gamble a lot, so my gambling habit is very under check. A fixed percentage is what I use for my bets, random amounts will make me spend more than I can account for. I deposit my total bankroll, to gamble with a percent of my total bankroll when I gamble. If I increase what I gamble with at one time, I reduce the number of times I gamble in that month.

That's good for hobby players like most of us in the gambling section.  But if somebody wants to make a living or a side hustle out of something like poker then good bankroll management is a must.  I can't speak for anything else but in poker it's always a good idea to have 20 buy ins for the stake you play.  And that's for keeping it simple by playing TAG.  If you want to play a little looser, be more aggressive and fight for more pots then I'd say go for at least 30 buy ins.

And that's just for NLHE...  For PLO it goes higher.  For short deck another notch higher as the edges get closer and the variance go higher.

I've only ever heard the term bankroll management when reading poker articles. Never really seen anyone apply it to casino gambling. In poker you need 100 buyins at the level you are thinking about playing to sit. So, in order to sit at a tourney that has a buyin of $1 you need $100 bankroll. This gives you 100 chances at that particular level.

If I walk into a casino with $500 then I intend to play with that whole $500 or if I get a big win and make a couple hundred i'll be happy and leave a winner. I'm not going to have a $5 limit when going to a casino. Better to not go with that amount as you'll not have any fun.