Pages:
Author

Topic: Bankroll management discussion - page 3. (Read 409 times)

hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
June 08, 2023, 07:30:35 AM
#42
-snip

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
to be honest, there are no percentages in every betting session that I do and everything is random according to the budget that I have. the main reason I do this is because every bet I make is just for fun and if one day I get a big win I will withdraw 50% - 70% of the remaining funds for fun.
betting at gambling using a certain percentage will only torment myself not being able to enjoy every betting session that I use to entertain myself.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
June 08, 2023, 06:07:38 AM
#41
I think the answer depends on the activity. If it's slots, which means making a lot of rolls over a small period of time, I use around 2%, I believe. But if it's betting on sports, which to me usually means placing a couple of bets, I use around 4%. But that's just something I'm currently analysing post factum, not something I calculate when I bet.
I don't consider it aggressive because I don't do it often, and if I keep losing several times in a row and see the bankroll getting significantly lower, I make smaller bets. I think people do whatever works for them because gambling behaviour can differ a lot, and the important thing is to ensure one doesn't bet what one cannot afford to lose.
sr. member
Activity: 2828
Merit: 344
win lambo...
June 08, 2023, 06:03:52 AM
#40
At most, 5%, but it's not just about the percentage we wager per bet. It's crucial to start with a substantial bankroll to properly engage in our betting activities. Simply adhering to a specific percentage is meaningless if our overall bankroll doesn't motivate us. For instance, if you have a $50 bankroll, would it be exciting for you to bet $2.5 per action?
hero member
Activity: 1484
Merit: 597
Bitcoin makes the world go 🔃
June 08, 2023, 05:13:12 AM
#39
Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I don't bet on fixed percentage because somehow what came into my mind is that if I will ever feel lucky the next bet I double or random to bet a huge amount. Always deposit and withdraw randomly and no fixed amount, I think it reminds me of using a bot on trading but gambling isn't like that.

I’m doing this too and probably most of gamblers is betting like this since it’s very rare for a gambler to become patient and consistent on betting because of gambling adrenaline rush. I think this the reason too why we always lose putting aside the house edge. We are always relying that we will be lucky on our next bet that’s why we increase our bets until it destroy our temper if we lose on our increased bets.

I experienced this many times and the result is very awful once my increase bet keep losing until I all-in even though I still have my 50% of my original bankroll.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
June 08, 2023, 04:39:46 AM
#38
Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
I don't bet on fixed percentage because somehow what came into my mind is that if I will ever feel lucky the next bet I double or random to bet a huge amount. Always deposit and withdraw randomly and no fixed amount, I think it reminds me of using a bot on trading but gambling isn't like that.
hero member
Activity: 812
Merit: 560
June 08, 2023, 04:22:10 AM
#37
I mostly bet on a fixed percentage, but there are times when i'll break that rule and go for bigger bets. It also depends on the game i'm playing because on slots, I usually bet on the smallest amount you can place per spin because they're much faster, while on the live table games, I go for slightly aggressive bets that are around 5% or even higher as each round lasts one or two minutes long. I don't always withdraw my balance whenever i'm in profit because i'll have moments when I still want to play the next day.

Since the casino does not have a particular requirements for your bankroll then we must always ensure to deposit the amount we can afford to loose on our gambling casino wallet, we can also take consideration in reducing the rate in which we often gambles online to serve as control measures against uncontrollable means of engaging more bankrolls on gambling purpose, Everything lies with the gambler's decision
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
June 08, 2023, 04:03:43 AM
#36
If I consider the whole amount deposited in one year, I think for each bet I use between 2-5%.
Why? Because I play only SINGLE event, most often with "low odds" (around 1.05 - 1.99).

But this is not a general rule (at least for me).
Sometimes in some "special" chances I have also spent in a single bet even 10-25% of the yearly amount that I play!
(it's not a mistake but I will not suggest to anyone an approach so aggressive....)
hero member
Activity: 812
Merit: 560
June 08, 2023, 03:45:10 AM
#35
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

We all have different sources of financial income and how often we also receives this income on a regular basis, as long as it's not more than 5% of your entire fund you can gamble with it, also just as you've stayed in your own case that one may have enough time to engaged being online and gambling for quite a longer period, there's also a need for moderacy whereby you can reduce the amount of stake used on each betting made in other to have increased numbers of attempts in it.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

Some gamblers are just a random users that majorly base their gambling experience on what they received per day, which means the more they earn the more the likely chance of them gambling, some may use the entire money, others may use half of it and this could appear on any form to the gambler involved as long as they are not fix on a regular income source, the more they received the more they gamblew.
legendary
Activity: 3066
Merit: 1312
June 08, 2023, 03:16:36 AM
#34
Are using a fixed percentage on your bets or you are just betting random amount?

I use both fixed and random percentage depending on how much my bankroll also depending on what games I want to play and what is the main purpose. When I play slot, I usually use random percentage based on my feeling. Sometime I can bet low percentage in the beginning but in some other time I may use bigger percentage. If my main purpose is to hunt for wager statistic or when I participate in competition, I use fixed percentage.

Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

It is hard to answer imo because it might be changed in the process. Even if I have set a stop loss or target profit before start as well set the budget, but I may change it in the process.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
June 08, 2023, 02:58:57 AM
#33
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

I partially agree with what you called aggressive gambling where you are increasing your bet by 4% to 5% of your bankroll. I called that just a standard approach of most gamblers and not being aggressive since we only want to make some changes while playing for a long.

It depends on the situation. Sometimes when we are already in profit while betting only the minimum amount or using only 1% to 3%, we like to go advance and try our luck on a much higher bet amount. Who knows right? There are people who have the patience to keep only using the low amount to bet even if they are winning but most gamblers try to do advanced.

The results though obviously vary with each other. There are fortunate on betting a much higher amount and there are unfortunate who loses all their bankroll.
A shrewd technique when dabbling in a gambling game is to use the size of your stake as a percentage of your winnings. But let's be honest: putting an end to the "eh" moments isn't the whole story. Strategy and forethought are just as important as patience in this game.

Although placing a bet of 4% to 5% of your total wealth may seem like the prudent thing to do, it is actually a "balls-to-the-wall" strategy that will quickly empty your bank account. Every once in a while, luck will be on your side, but remember that "the house never takes an L."

One of your greatest advantages? Change your strategy up depends on the situation and how you're doing. When you're winning and feeling confident, it's acceptable to up the ante. The real challenge, though, is keeping your momentum steady despite the rush of victory. Gambling is all about balancing the two extremes of these two potential outcomes. Therefore, relax,
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 08, 2023, 12:46:37 AM
#32
I use random amounts to bet so when I want to bet, the amount will be different but I always stick to the limits that I can afford so I don't lose too much money. I also don't know how to use the percentage model for betting because maybe it's more complicated for me. When I deposit some money, I know it's money I can afford but I don't try to spend all the money because it's a waste. I should gamble moderately and not cross the line than spend all that deposit money right away.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 08, 2023, 12:44:53 AM
#31
1% of the bakroll to be safe. But this only works if you have self-control and are gambling in moderation. Risk management and bankroll management are important things in gambling and most gamblers don't know to manage their risk, they go with high risk games because it's fun and end up putting more money crossing the bankroll limits they have set.

Being a pro gambler like a pro poker player, one can learn about these things, but speaking for most addicted gamblers, these concepts don't make sense. Casinos want you to spend your money so they make it easier with quick deposits/ zero-confirm deposits and so on.
hero member
Activity: 910
Merit: 680
June 07, 2023, 11:50:59 PM
#30
Bankroll management is only for newbie who's want to enter gambling, that's why they need to gamble with limitation of 1%-5% of their total funds because no one can accept losses. If someone want to gamble 50% of their total funds as long as he can control himself, can still eat and pay anything of his family needs, it's fine. The point is no one should gamble with loan money, they should only gamble with all money that he have.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
June 07, 2023, 10:13:50 PM
#29
What percentage of your bankroll are using as your bet size.

Nowadays I don't use bankroll management, although in the past I did. For me nowadays it's pure entertainment and although I don't gamble everything I deposit in a roll, I can't tell you exactly what percentage I play. Although playing slots, for example, which is what I have been playing the most lately, I play with the lowest stakes available, as I say I prefer to be entertained, and that what I have lasts longer.

For me it makes more sense to bankroll for sports betting or poker because you can consistently make a profit if you are good, but bankroll management in the casino is simply to make the money you are going to lose last longer.
hero member
Activity: 1764
Merit: 514
Leading Crypto Sports Betting & Casino Platform
June 07, 2023, 10:11:26 PM
#28
Whatever I decided as excess amount for the week or month that I can use for gaming or gambling is what I deposit. No fixed amount.
I keep a part of my salary in gambling budget every month. I win or lose there but it's almost a fixed budget for me. I don't deposit when I enough balance. I keep a maximum of 5 percent of my salary. I failed to maintain 5 percent in the beginning of gambling but was able to bring it under control as I gained knowledge and experience. If someone is not addicted then he must be able to maintain his bankroll in gambling to some extent. However, gambling bankroll management is not possible for everyone. I have seen some of my friends who can't do any kind of money management in gambling even if they try.
hero member
Activity: 2660
Merit: 551
June 07, 2023, 09:28:31 PM
#27
I don't know if I have followed a bankroll management throughout my gambling activity for many years. I mean I don't want to complicate things, if I have the money, if it is big then I might go higher with my bet, perhaps as high as 10%. But if my budget is so small, then I will just try to squeeze on that capital of mind and see how far I can stretch it to have some winnings in the end.

Maybe for whales, doesn't matter for them, but for average joe, everyone might be operating within our capital but it doesn't be like you really put certain percentage on every bet of ours. Just bet on what we think is good and everything will be alright, win or lose.
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
June 07, 2023, 07:57:47 PM
#26
Managing the bet size plays an important role to withstand your bankroll, if you are in automode and the risk management is not good, then definitely after few bets, there are huge chances that you will get bankrupt. I don’t decide a certain percentage of bankroll to bet, rather I see the profit that I am desiring for and accordingly set the bet amount. I do not greed and always set a target for the profit, once I reach that amount, I try to withdraw my base bankroll and play with the profits.
sr. member
Activity: 882
Merit: 457
June 07, 2023, 07:37:47 PM
#25
What percentage of your bankroll are using as your bet size.......

If the bankroll that I allocate to play gambling is 15% of my monthly income. If the bankroll runs out, then stop and play in the next month. I think the most important thing is to be consistent with bankroll limits. I used to spend all my income in a day, it was so bad. from now on i control it by bankroll limit

I play with random bets. If I'm in a good mood and good hockey I'll up the bet. if you start to get carried away by your ego while playing, you better stop before your money is gone

So, adjust your bankroll to your monthly needs. If you don't have a lot of monthly needs, maybe allocating a bankroll of up to 40% of your monthly income is fine.. lol... No, no, that's a joke. I think 25% monthly income for a bankroll is too much… Don't forget to always be guided by game responsibility
 


legendary
Activity: 3780
Merit: 1418
June 07, 2023, 07:26:59 PM
#24
What percentage of your bankroll are using as your bet size. I read an article online before that 1% to 3% is the ideal for low risk gambling while 4% to 5% for aggressive gambling. I use the aggressive type bankroll management on most of my game because I’m always bored playing with minimum bets or low percentage of my bankroll because I knew that house edge will kill me long term.

Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.

For me it's all about feel and what I'm looking for that night.  If I'm in an action mood I bet way over 5% of the roll.  Especially if I'm only betting one or 2 games that night.  I'm not disciplined enough to not chase sports bets lol.  Anything under 5% to me is conservative that doesn't register as aggressive to me.  If I had to guess average at any given time I hit 10-40% of the current bankroll on my bets.
hero member
Activity: 2702
Merit: 672
I don't request loans~
June 07, 2023, 07:18:20 PM
#23
Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
Random. I can have instances where I use really slow amounts cause I wanted to gamble for quite some time, at times I just yolo and dish out my entire bankroll in one single bet after entering crash. Thinking about how much I bet before I even do seems kind of counter productive with enjoying the game. Not much enjoyment there tbh.

As for deposits, it's usually a set amount. If I leave extra lying around there, I just fill it up to the usual amount I deposit. I rarely withdraw my money from casinos.
Pages:
Jump to: