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Topic: Bankroll management discussion - page 4. (Read 433 times)

legendary
Activity: 2940
Merit: 1083
June 07, 2023, 06:46:51 PM
#22
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.
legendary
Activity: 3052
Merit: 1281
June 07, 2023, 06:44:36 PM
#21
I don't follow bankroll management because once I deposit a fund to the casino, it is either a win or lose for me. I continuously play regardless of the amount of bet as long as I have funds in my bankroll and had not met my winning threshold.  Just a 50% winnings is enough for me to stop and withdraw. Besides, I never been aggressive in wagering like increasing my bets whenever I suffer losses to recuperate the losses.

legendary
Activity: 3122
Merit: 1398
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June 07, 2023, 06:42:59 PM
#20
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.

Betting a random amount is a suicide bet to me. Why add other risks over risks?

We are already depending on our luck, therefore, make a way to somehow be responsible for our bankroll. Depending on my bankroll on that specific session, I followed my own betting amount strategy then there's a certain tier before I will consider placing a much higher bet.

Others will surely say, we are just gambling for fun, therefore no need for any bankroll management or something. That's a crap thing for me and maybe they are just casual gamblers. It's more fun if we manage properly our bankroll and in the end, are able to secure good profits without being aggressive for more. On the other hand, if bad luck happened, then just stop and come back next time for another session, for our bankroll not to suffer from too many loses.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
June 07, 2023, 06:41:31 PM
#19
Whatever money I deposit to the casino but for the base bet I will always choose the minimum, and will only increase the bet amount if I feel it is the right time to bet a larger value but basically will always choose the smallest bet, and if we typical who prefers to play longer then betting with the smallest bet is the most suitable. Indeed, bankroll management is needed so that we can understand the basics of betting that are suitable for us because playing without rules will only be like throwing our money carelessly even though the initial intention of gambling is for fun but rules are still needed to open up opportunities for profit as well.
hero member
Activity: 3024
Merit: 580
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June 07, 2023, 06:36:25 PM
#18
I don't follow any bankroll management and percentage, I do gamble and deposit with the amounts that I am set to decide to win or lose entirely within that day.

But for those that have an issue regards to managing their bankrolls, such strategies or management like what OP has brought is a good one to start with.

Until you find your best way to manage your bankroll including how to manage your emotions properly, I think that you're all set and understand why it is important.
legendary
Activity: 2576
Merit: 1254
Leading Crypto Sports Betting & Casino Platform
June 07, 2023, 06:07:44 PM
#17
On my end, I am using 5 to 10% in every bet when I feel like being aggressive or if I am javing a gut feeling that I would be winning. If such amount is not advidablr to othet players, don't worry, 'coz everytime I used all of my alloted money in gambling and to each day, I can manage to stop and do other things for entertainment, and I think this is more important. Some players can manage betting small but gives them the odd feeling of not being satisfied and ending up forcing to win until they have lost too much to the extend wherein frustration would be present. Ofcourse it would be better to prolong yoyr betting chances through small bets but that depends on your satisfaction with returns, as a gambler.
hero member
Activity: 2926
Merit: 722
June 07, 2023, 04:26:42 PM
#16
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.
When it comes to bankroll handling then it would really be totally random.Why? Emotion is the main enemy of this one on which even if you do set out 1% amount of your bankroll but on the time that you would be

having those boost up of emotions or simply that getting impulsive then it would automatically be switching up to 1% to 10% or even more or the worst you would really be going all in. Why i can say so? because im really just like this.  Grin, When im still new into gambling field on which i do really have that impression that making money is easy until i do make out some realizations that it should really be taken up carefully
and this is the time i do make out considerations on having that bankroll management on where i dont really spent up huge in each bet.

Most of the time whenever i do experience some consecutive losses then this is where emotion kicks in and would really be minding about getting those losses back and this is where desperation would kick in too.
You would only just having that feeling of regret on the time that you had blown up your entire balance which is really that a very common situation.
hero member
Activity: 2590
Merit: 644
June 07, 2023, 04:12:25 PM
#15
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.
^ It depends on your taste, probably.
As you have said 1% to 3% is a low risk, this will probably be suitable for me since I don't like a high risk even if it has a high return.
Though these figures are not set in stone and should be considered as general guidelines each of us has a desired percentage in taking risks.
As for myself, I do not bet randomly or without any strategy. I consider various factors such as odds, game dynamics, and my own assessment of the situation before determining my bet size. I aim to make a good decisions rather than relying on chance alone.
legendary
Activity: 2982
Merit: 1153
June 07, 2023, 03:58:08 PM
#14
To be able to maximize the length of my gambling session, I always bet at a minimum.  I am fond of slots game btw.  So, I avoid buying bonuses and just do base bets to trigger bonus rounds.  From my $50 base fund, I bet around $0.1 to $0.4   depending on the game I am playing.  So I think it is safe to say that from a $50 bankroll, I use around 0.2% to 0.8% of my bankroll for every bet.

Quote
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 always play with free funds so it is either get busted or hit the target winning amount.  I often target a 2x -3x profit in my gambling session so my minimum target is around $100 and upon hitting that, I will stop and withdraw the winning + bankroll.  I don't store funds in a casino btw.
legendary
Activity: 3290
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
June 07, 2023, 02:39:33 PM
#13
Are using a fixed percentage on your bets or you are just betting random amount?

in my case I've been using a fixed percentage, for example I deposit 10$ in the casino so I put 1$ in each bet, but I'm careful with the game I'm going to bet on, that's because in case of a win and I keep 11$ then in the following games that are good games, I already bet on two games, which would be 1$ for each game and I have 9$ and if I manage to win in both games that would make me with 13$ so I'm already looking for 4 good ones games to place bets, only when I can't find good games then I don't place bets and I prefer to just watch the games, that's because watching the games already prepares me for the next bets

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.

man are we talking about trading or gambling? people don't make a profit in gambling and I doubt they use stop-loss which in particular is the first time I've heard that someone uses stop-loss in gambling I didn't know it was used, anyway in gambling people play and even when they win, they play again and lose everything, for example if the person puts 10$ and wins and keeps 30$, that person withdraws 30$ and keeps 10$, plays and loses everything then that person he deposits 10$ again and loses and then he deposits 10$ again and loses so that person has already lost everything including the deposit and what he won. it happens to everyone
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
June 07, 2023, 02:09:35 PM
#12
I don’t worry about percentages when gambling. I just bet whatever I feel like at the time. I’m not exactly trying to grow a bankroll though. I figure once money hits the casino it’s gone. If you ever manage to see any of it again after playing then that’s a bonus. I couldn’t imagine trying to grow a bankroll like it was an investment account. Seems like a losing battle.
legendary
Activity: 3458
Merit: 1940
Shuffle.com
June 07, 2023, 01:55:16 PM
#11
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.
legendary
Activity: 2688
Merit: 1262
June 07, 2023, 01:32:04 PM
#10
Not really use it.

I just going for the flow and feel, example for the flow. Once, I got streak win keep double the bet size amount from the previous win. I chasing for good section to gain 10-20x from my balance with a short time and cashout faster.

Cause, as you know. In gambling, we always have 10 bad section and 1 good section (that's why need to use the good momentum as high we can).
legendary
Activity: 2814
Merit: 1192
June 07, 2023, 01:31:24 PM
#9
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.

I like to play extremely safe so I use 100% of my bankroll, but deposit a new one with each bet, effectively spending not more than 1% of my monthly pay.
Let's say there's a sports event coming and I'm making $1k a month. I will deposit $10 to casino and bet all of that on the team or a fighter (when it comes to boxing or MMA) that I like.

I don't bet a lot of money, for me it's more important to have an active bet than actually make money doing it because it makes watching the match more exciting. I also never hold a lot of money on these sites. It's deposit > 1 bet > withdrawal > deposit > 1 bet > withdrawal.
hero member
Activity: 2912
Merit: 556
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June 07, 2023, 01:08:47 PM
#8
Unfortunately, I don't use percentages when playing gambling. If I deposit $30, I won't spend it all at once but will only bet $10 for a while, and whatever the outcome, I'll quit right away. I rarely spend a single deposit to play gambling because I will leave some balance so I can use it to play gambling another day. But sometimes, I gamble over $10 because I know I still have more balance in my betting account, so I'm okay if I somehow lose more than $10.
legendary
Activity: 1106
Merit: 1113
June 07, 2023, 12:31:32 PM
#7
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.
As a salary earner, I have a fixed budget for my gambling. And I have not changed it for many years because my salary has not increased or decreased for so many years. 4% to 5% percentage will be too much for me based on constant inflation that always leads to an increase in the price of goods. I am a low risked gambler so the 1% to 2.5% gambling plan is my level and it has not affected my finance negatively. Sometimes there are temptations or motivations to stake higher but there is a need to control my actions to avoid regrets. Although I trust the casinos I use still I don't deposit my monthly budget in the casino because nothing is certain in life. I am more comfortable with depositing the exact amount I am staking with little or no extra.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
June 07, 2023, 12:25:52 PM
#6
1% is good, but you can use 0,1% too as base bet, so your bankroll will last longer and you can survive for more rounds before hitting a long loss streak. Another factor which must affect your choice is the configuration you are using when playing. What is your multiplier, x2; x1,5; x1,1? If you are making 10% profit on every bet, you have to set a low initial bet, as when you lose, you are going to need to increase your bet by 10.

You also have to take in consideration the length of your gambling session. If you want to play for a long time, place low bets, but if you are in a hurry, give yourself the right to use larger chunks of your bankroll. In every cases, don't feel forced to use the entire bankroll. Sometimes it's better to stop a session with partial losses.
legendary
Activity: 2324
Merit: 1604
hmph..
June 07, 2023, 12:14:36 PM
#5
If I never calculate based on the percentage of money I owned for betting. But now I prefer to make bets with a fixed rate. For example, if I want to play $30 a week, then I only play at that amount per deposit. In the past I often exceeded my limits because of my greed and always thinking if . So, I learned to change my way with a max deposit of $30 unless I win, sometimes I increase my deposit. Of course, the risk is even greater considering that I often raise bets when I lose. But now, i learn to move  away for slots for a moments
sr. member
Activity: 1554
Merit: 413
June 07, 2023, 11:32:11 AM
#4
Are using a fixed percentage on your bets or you are just betting random amount?
I don't really play much casino games but I usually go for fixed amount. I choose low risk most often since my main objective is to get entertained. Feels good if I end up winning but still fine when not. There are times when I deviate and increase when my time alloted for gambling is almost up.

Quote
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.
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.
legendary
Activity: 3080
Merit: 1353
June 07, 2023, 11:11:48 AM
#3
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.

During the height of my addiction, let's say on the slots machine, I'll always do max bet whenever I can. So I don't look at the the percentage, as long as the money or the capital is good enough for me to run and bet on max, then I will do it until the money was swept under me, or I got lucky and win big and continue on my high roller style.

However now? nah, yeah maybe just 1%-3%, I'm no longer that attach or look for big wins, most of the time I just played slots with small bankroll and just to have some fun. And if the money is lost, then I'll just sleep over and try to play if I feel like to.
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