Do you set a specific bankroll before gambling or not? - page 12.

Charles-Tim

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I can still go up to 5% of my income for gambling but I do not think I can go up to 10%. 10% seem to high for me. Bankroll is very important but I almost not have any bankroll at all for gambling because there are some weeks that I do not gamble. But if I gamble at times, I only do not go more than 5%. In average, I do not think I go more than 1%.

1% is always the recommendation.

Quote from: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/#:~:text=Don't%20bet%20more%20than,month%20to%20follow%20this%20guideline.

Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month. This table shows how much you can gamble each month to follow this guideline.

Wapfika

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Quote from: Viscore on June 16, 2024, 09:39:09 AM

"Bankroll" is usually a term used in sports betting. From what I've read in some of the threads here, we need to be disciplined in managing our bankroll, typically betting only 5% to 10% per wager. So I'm curious: do bettors here really set up a bankroll first before they start gambling, or do they just gamble whenever they have available money?

Please share your experience whether positive or negative and what you learn from it.

Yep. I do setup my bankroll based on my preferred bet size. Example when I want to play live games specifically card game that has 1$ to 5$ minimum bet then I often deposit minimum of 100$ to have a longer gameplay that I will enjoy. Same with playing slot games with 0.1$ minimum bet size, I usually deposit minimum of 50$ to 100$ max as bankroll allocated for slot games.

My bankroll size varies on what game I’m playing since different games has different minimum bet size which is important to consider for bankroll size to avoid premature loss when losing streak hits you early.

Viscore

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"Bankroll" is usually a term used in sports betting. From what I've read in some of the threads here, we need to be disciplined in managing our bankroll, typically betting only 5% to 10% per wager. So I'm curious: do bettors here really set up a bankroll first before they start gambling, or do they just gamble whenever they have available money?

Please share your experience whether positive or negative and what you learn from it.

Topic: Do you set a specific bankroll before gambling or not? - page 12. (Read 1638 times)