Topic: Do you set a specific bankroll before gambling or not? - page 7. (Read 2529 times)
A bankroll is not a universal magic bullet, it is simply one tool that can help protect against rapid loss. Managing your bankroll can extend the life of your capital. But limiting your trade size will prevent you from winning in the long run if you make bad decisions. Because those who believe that long-term profit depends primarily on strategy, and bankroll management is necessary primarily in order not to lose your capital very quickly, are absolutely right. In other words, to prevent short-term losses.
"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.
Please share your experience whether positive or negative and what you learn from it.
Well to say the truth, I actually don't have a specific bankroll when I do my gamble what I do is that I just actually go with it and the moment I discover that it's actually not favouring me, I quit it for that moment and focus same energy elsewhere because if I continue I will be heading to my early grave because it's just going to be a case of chasing that money I lost with all my time .
Therefore, it is better for us to withdraw as early as possible so as not to fall into a situation that is full of pressure in the sense that it can trigger emotions unconsciously. And yes, awareness is also an important thing that a gambler must maintain, because if you can maintain awareness, there is less chance of you falling into various impulsive actions in certain situations, such as losing.
"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.
Money management, safe here the term bankroll or whatever, is very important every time we are going to bet. Yes, whether everyone does it or not, but in my opinion, a wise, intelligent and professional gambler will set the bankroll before gambling. Because, this is one of the foundations for gamblers to stay in gambling well enough, not have a lot of debt, or do it according to the budget. Because however, the bankroll in gambling is very important to pay attention to, this will affect how much we will spend and how much we have. You can't just bet without thinking long and hard about the amount and what we have. So that we can still really control ourselves in gambling, not to be arbitrary and also to be much wiser in gambling.Please share your experience whether positive or negative and what you learn from it.
Unless they are addicted gamblers, they will never consider managing their bankroll, or even think about whether they still have money or not. They don't care, the most important thing is to continue gambling.
At the same time, few things depend on how frequently are you depositing money into your gambling account.
If you deposit on weekly basis then that keeps you alerted all the time and keeps you in control.
I prefer depositing on monthly basis which saves me on fees and helps me tracking expenses on monthly basis.
I think that it doesn't matter how often you make a deposit to the casino, what I give importance to is that the amount is what we should see well, for example, I can have 10usd in a week, but if that week I can't play then I already have it there, next week I don't deposit anymore, because I have those 10usd, I get used to only playing with what I have available, I learned that having extra money in a casino is not good, and if of those 10usd I win about 4 usd on the day I play, I withdraw those 4 usd because it's my profit, that way you can have better control and I always receive money, which I think is super important.
"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?
After my addiction period, I learnt a bitter, yet important lesson never to fund my account with more than I wish to gamble with for a session. Responsible bettors and those who have learnt to gamble in moderation and funds their accounts with only what they can afford to loose in a gambling session. funding more than that thinking you can manage your emotions not to go beyond a definite figure is a big lie.Quote
Please share your experience whether positive or negative and what you learn from it.
Positive: It helped me manage my bankroll and my emotions more since the only emotion to manage is preventing myself from further funding the account when my balance is exhausted. 
"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.
But what is certain is that having a bankroll is good so that we can control our finances so we don't gamble carelessly. By applying 5-10%, this is also a strategy in gambling so that we are disciplined because many people sometimes don't have this strategy, in the end without realizing it they will spend 50% of their monthly income. Whether we admit it or not, gambling can sometimes hypnotize us without us realizing it, so the importance of this strategy is to be disciplined.Please share your experience whether positive or negative and what you learn from it.
I sometimes use and prepare my bankroll for gambling, but sometimes I don't use it. I only use money that I am prepared to lose. Because it happens that my monthly income is uncertain, sometimes a lot, sometimes a little, so I adjust my monthly income when gambling. In essence, playing gambling requires preparation, control and goals.
Do you set a specific bankroll before gambling or not? No i don't have specific bankroll or how much percentage when play something. I just bet randomly, sometimes is 10% or 5% and when im feeling lucky i can go all in and i don't recommend this one hahaha
But i think the best option to set specific bankroll
Yes that may be the approach you have, although I would say that it is quite dangerous, but if you feel that as long as you apply it to your gambling habits you do not experience any significant problems then yes perhaps it is up to you, in the sense that you are free to improve it by putting setting the amount you will use to gamble or maintaining your old approach to gambling.But i think the best option to set specific bankroll
It depends on each person's choice as long as they don't harm other people, but if the question is which is better between implementing settings on your bankroll before you gamble or not at all then yes of course everything that is done is based on management will always be it is more recommended, in the sense of implementing and setting a certain bankroll before playing, such as 5% or 10% of the total money you have, it is more recommended, because this limit will most likely be a reminder to you when you get carried away at any time. gambling session.
"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.
Please share your experience whether positive or negative and what you learn from it.
Well to say the truth, I actually don't have a specific bankroll when I do my gamble what I do is that I just actually go with it and the moment I discover that it's actually not favouring me, I quit it for that moment and focus same energy elsewhere because if I continue I will be heading to my early grave because it's just going to be a case of chasing that money I lost with all my time .
"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.
Sometimes yes, sometimes no. I don't have any particular habits about this, of course because I do it only when I feel okay to do so. 100% on a single bet is fine in my opinion, but if there are two interesting matches that I think are worth including on the bet slip, then I will split the budget into two parts. Gambling is not grandiose to me, I just aim for fun regardless of winning or losing. After all, I don't insist on betting large amounts, so it's not very profitable for me to divide the budget into several parts if I don't find the right reason. Please share your experience whether positive or negative and what you learn from it.
always trying to develop capital to multiply from various web casino games. and of course I don't dare to make a deposit of 50% of my salary, it will destroy me quickly because it is not balanced with my daily needs. especially understanding very well the excessive effects of not having management. and being wise in gambling is very important because only we really understand the situation
50% of your salary is just like you are making a suicide with that. I think that's just too much, you take a lot of risk by doing that, IMO, it's alright to gamble that much but not on a constant manner. For me, I would allocate maybe a maximum of 20% as I already have a family, so I need to prioritize the needs over wants, in fact, gambling funds should be the last priority for me when it comes to funds allocation, so I doesn't affect me much if I will lose my entire bankroll.
He did not make a deposit of 50% of his salary, because he himself also said he did not dare to make a 50% deposit on a gambling platform. After all, basically every salary we receive is of course very important for our daily lives, this is not only for you or those who are married or have a wife and children. After all, every salary earned will basically be very beneficial for everyone who gets it.
However, with the salary you have, there is at least some money left over and so, the choice is to save it or maybe there is still some money left to gamble with. Because after all, in gambling it is possible that from the remaining salary money, when betting, it is possible to double it and that would also be good if you were lucky. Therefore,in conclusion, I think setting a bankroll size is a good thing, because then you will gamble with a good plan so as not to lose completely.
Yeah, I understand his post, but I'm just trying to emphasize how wrong it is to deposit 50% of our salary into gambling. Actually, I follow a lot of investment mentors, and most of them suggest that if we want to be financially free in the future, we should learn to invest. So, if we have a job and earn a salary, funds allocated for future investments should be prioritized and set aside in the form of savings. Next should be for your bills, and the rest can be for your entertainment, including gambling. So, 50% is just too big IMO, to be conservative, 5% would be fine and could already bring some excitement to us in gambling.
Do you set a specific bankroll before gambling or not? No i don't have specific bankroll or how much percentage when play something. I just bet randomly, sometimes is 10% or 5% and when im feeling lucky i can go all in and i don't recommend this one hahaha
But i think the best option to set specific bankroll
It is very important to manage the bankroll, because it is a gambling management, maybe the percentage is quite varied depending on how much we dare to take risks in betting in each bet. But i think the best option to set specific bankroll
Especially for gamblers who want to make a lot of bets, of course determining the division of bankroll needs to be arranged very well.
But I'm like you, I'm always random in determining the amount of bankroll, but when it comes to all in I think it's a very crazy decision, and will only give one chance if it loses, that's what I'm most upset about, because it doesn't bet more, but if it comes to great luck when doing all in it will give a very high payout, but most importantly I limit myself to no more than 15%, because that will trigger me not to lose more money in gambling.
Do you set a specific bankroll before gambling or not? No i don't have specific bankroll or how much percentage when play something. I just bet randomly, sometimes is 10% or 5% and when im feeling lucky i can go all in and i don't recommend this one hahaha
But i think the best option to set specific bankroll
But i think the best option to set specific bankroll
Yes ofcourse, setting bankroll before gambling allows us to manage our bets well.
It helps us to bet with specific amount and thus helps to win our desired targets.
I have noticed that I often lose more than expected when I am not starting with my usual bankroll.
I set specific bankroll for gambling just like my other regular expenditures, I make budget for my income and I use the potion for gambling to do so. I put gambling budget in my secondary needs and I try as much as possible to be disciplined not to exceed it, without a budget or bankroll for gambling, I can get carried away and exceed my budget for it. Gamblers who gambles once in a while might not need a bankroll for it, perhaps they can take money from their savings or emergency funds to do so. Anybody that gambles regularly needs to create a bankroll for it so that they can gamble responsibly.It helps us to bet with specific amount and thus helps to win our desired targets.
I have noticed that I often lose more than expected when I am not starting with my usual bankroll.
Timing is also crucial at my end. How to schedule my time to sustain the amount of money about to be spent in gambling. Whenever wins shows up it could be added to the remaining bankroll to be used for gambling until the designated time for gambling is over.
The benefit of scheduling bankroll is for it to serve as an alert to the gambler. If the money gets exhausted the player would remind himself of his plans before starting that game on limiting his expenses. Even when he boycotts the self plan, he would forget it easily. Soon he'd stop and try again later.
At the same time, few things depend on how frequently are you depositing money into your gambling account.
If you deposit on weekly basis then that keeps you alerted all the time and keeps you in control.
I prefer depositing on monthly basis which saves me on fees and helps me tracking expenses on monthly basis.
always trying to develop capital to multiply from various web casino games. and of course I don't dare to make a deposit of 50% of my salary, it will destroy me quickly because it is not balanced with my daily needs. especially understanding very well the excessive effects of not having management. and being wise in gambling is very important because only we really understand the situation
50% of your salary is just like you are making a suicide with that. I think that's just too much, you take a lot of risk by doing that, IMO, it's alright to gamble that much but not on a constant manner. For me, I would allocate maybe a maximum of 20% as I already have a family, so I need to prioritize the needs over wants, in fact, gambling funds should be the last priority for me when it comes to funds allocation, so I doesn't affect me much if I will lose my entire bankroll.
He did not make a deposit of 50% of his salary, because he himself also said he did not dare to make a 50% deposit on a gambling platform. After all, basically every salary we receive is of course very important for our daily lives, this is not only for you or those who are married or have a wife and children. After all, every salary earned will basically be very beneficial for everyone who gets it.
However, with the salary you have, there is at least some money left over and so, the choice is to save it or maybe there is still some money left to gamble with. Because after all, in gambling it is possible that from the remaining salary money, when betting, it is possible to double it and that would also be good if you were lucky. Therefore,in conclusion, I think setting a bankroll size is a good thing, because then you will gamble with a good plan so as not to lose completely.
Yeah, I understand his post, but I'm just trying to emphasize how wrong it is to deposit 50% of our salary into gambling. Actually, I follow a lot of investment mentors, and most of them suggest that if we want to be financially free in the future, we should learn to invest. So, if we have a job and earn a salary, funds allocated for future investments should be prioritized and set aside in the form of savings. Next should be for your bills, and the rest can be for your entertainment, including gambling. So, 50% is just too big IMO, to be conservative, 5% would be fine and could already bring some excitement to us in gambling.
always trying to develop capital to multiply from various web casino games. and of course I don't dare to make a deposit of 50% of my salary, it will destroy me quickly because it is not balanced with my daily needs. especially understanding very well the excessive effects of not having management. and being wise in gambling is very important because only we really understand the situation
50% of your salary is just like you are making a suicide with that. I think that's just too much, you take a lot of risk by doing that, IMO, it's alright to gamble that much but not on a constant manner. For me, I would allocate maybe a maximum of 20% as I already have a family, so I need to prioritize the needs over wants, in fact, gambling funds should be the last priority for me when it comes to funds allocation, so I doesn't affect me much if I will lose my entire bankroll.
He did not make a deposit of 50% of his salary, because he himself also said he did not dare to make a 50% deposit on a gambling platform. After all, basically every salary we receive is of course very important for our daily lives, this is not only for you or those who are married or have a wife and children. After all, every salary earned will basically be very beneficial for everyone who gets it.
However, with the salary you have, there is at least some money left over and so, the choice is to save it or maybe there is still some money left to gamble with. Because after all, in gambling it is possible that from the remaining salary money, when betting, it is possible to double it and that would also be good if you were lucky. Therefore,in conclusion, I think setting a bankroll size is a good thing, because then you will gamble with a good plan so as not to lose completely.
I agree with that. We can set up a budget on any game that we choose and it's up to us if we will keep the discipline or not.
I know it can be frustrating sometimes when we already hit the budget amount for the day and we still haven't received any good multiplier after all the bets we made.
When you are gambling and you have used up your gambling budgets for that particular time and you haven’t been able to win any amounts, it’s always so difficult to stop gambling at that moment. If the person is not ready and disciplined, then they will end up exceeding their gambling budget for that particular time. But we should know that gambling is mostly luck, and we can’t always win, so if we are gambling and we are experiencing continued losses, then we should just stop gambling at that particular time and come back another day. We shouldn’t keep on gambling or exceeding our budget. I know it can be frustrating sometimes when we already hit the budget amount for the day and we still haven't received any good multiplier after all the bets we made.
I have been through that situation and I learned my lessons in a difficult way. My thoughts were just to use $5 per week and I am surprised to myself that I can go further if I want to.
Sometimes you will be pushed to gamble more, but you just have to control yourself. If you keep on gambling when you are supposed to stop, it will cause more harm than good, so it’s better you don’t just start what you will find difficult to stop. Even 20% of the total salary is quite large but when you can still control the needs of the family then it's okay it also depends on your income every month but for me I don't dare to be big enough in gambling so I will set the bankrol as small as possible maximum 10% but the average used for gambling is only $5 and it is always used at the end after all other basic needs are met.
That is the most important thing to prioritize first, no matter how much we will spend in gambling as long as other important things have been paid then we are good to go.
Even less than 10% can be an important amount to spend for our family so this is why I never use specific percentage to calculate my gambling fund.
Sometime there will be a moment when our salary is not even enough to pay what we need during the month, such as if there is unexpected thing to be paid.
In this case we should not even think about gambling although there is a chance to make some money but there is also bigger chance to lose.
On the other hand, what you say is true, that sometimes there are always situations where our income cannot cover all our living needs at certain times, which is because something happens unexpectedly which requires you to spend a certain amount of money. larger than usual, the cause could be because one of your family members is sick, or the cost of basic necessities has increased, or for example you have a baby and you have to spend more money to buy baby equipment, or other things. On the other hand, I am sure that if someone uses rational thinking and common sense correctly then they will definitely prefer to prioritize something that is more important.
I agree with that. We can set up a budget on any game that we choose and it's up to us if we will keep the discipline or not.
I know it can be frustrating sometimes when we already hit the budget amount for the day and we still haven't received any good multiplier after all the bets we made.
I know it can be frustrating sometimes when we already hit the budget amount for the day and we still haven't received any good multiplier after all the bets we made.
Having a budget for gambling is a very good idea. By setting a budget for gambling and abiding by it, one will be disciplined and may hardly get addicted to gambling. Once the money you allocate for gambling is finished, you will end gambling for that day, week, or month. In fact, it is not only for gambling but for other things too, so that you will not spend more than the money you allocate unless it is an emergency. As for me, I always have the amount I allocate for gambling per month. If I mistakenly use it during the week, I quit gambling for that month until the next month. So, if gamblers budget for gambling, I think it will help avoid spending too much on gambling.
I have been through that situation and I learned my lessons in a difficult way. My thoughts were just to use $5 per week and I am surprised to myself that I can go further if I want to.
If someone is not addicted to gambling, I believe they should be able to discipline themselves so that they do not spend more than what they have budgeted for gambling. But still, I don't know why I am always able to control myself after I have spent my budgeted amount. I always find it hard to continue gambling more. Or maybe it's because I am gambling for fun.
I agree with that. We can set up a budget on any game that we choose and it's up to us if we will keep the discipline or not.
I know it can be frustrating sometimes when we already hit the budget amount for the day and we still haven't received any good multiplier after all the bets we made.
When you are gambling and you have used up your gambling budgets for that particular time and you haven’t been able to win any amounts, it’s always so difficult to stop gambling at that moment. If the person is not ready and disciplined, then they will end up exceeding their gambling budget for that particular time. But we should know that gambling is mostly luck, and we can’t always win, so if we are gambling and we are experiencing continued losses, then we should just stop gambling at that particular time and come back another day. We shouldn’t keep on gambling or exceeding our budget. I know it can be frustrating sometimes when we already hit the budget amount for the day and we still haven't received any good multiplier after all the bets we made.
I have been through that situation and I learned my lessons in a difficult way. My thoughts were just to use $5 per week and I am surprised to myself that I can go further if I want to.
Sometimes you will be pushed to gamble more, but you just have to control yourself. If you keep on gambling when you are supposed to stop, it will cause more harm than good, so it’s better you don’t just start what you will find difficult to stop. 
Even 20% of the total salary is quite large but when you can still control the needs of the family then it's okay it also depends on your income every month but for me I don't dare to be big enough in gambling so I will set the bankrol as small as possible maximum 10% but the average used for gambling is only $5 and it is always used at the end after all other basic needs are met.
That is the most important thing to prioritize first, no matter how much we will spend in gambling as long as other important things have been paid then we are good to go.
Even less than 10% can be an important amount to spend for our family so this is why I never use specific percentage to calculate my gambling fund.
Sometime there will be a moment when our salary is not even enough to pay what we need during the month, such as if there is unexpected thing to be paid.
In this case we should not even think about gambling although there is a chance to make some money but there is also bigger chance to lose.
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