Topic: How discipline are you in managing your bankroll? - page 2. (Read 1619 times)

I personally don't need to manage anything, I know gambling too well and I know that losing is far more assured than anything else, I only gamble if I have spare money on me, I am a business owner and also a crypto investor, I always make sure that I give 98% of my attention to investment and monitoring my business, and also my family, the remaining 2% is for gambling.

If my business is not seeing a good week I am not going to gamble the next coming week, what I make this week is what will determine if I can make spare money for gambling the coming week, it's not that hard to do, my time is mainly for other more important things than gambling, so I am different from those who gambles full time.

If your goals is making all your money in gambling you need to think again, the chances of losing on the long run is huge, find something to give your time to, source of income is far more important than just gambling only.

Looking at the growth in gambling today, let's say online casinos or gamblers. You'd find out that some people who wish to make money online, have ventured into gambling as a niche to yield money. They may have thought about it as a better form of generating income. The effect one has on gambling has to do with his first thoughts before venturing into gambling. We all have reasons and motives why we began gambling, which is not simply about making money or not. But, how long would we keep up with the motive, regarding the amount of money we own as gamblers? These naive beginners end up losing out their remaining money, and borrowing, due to their initial conclusions on gambling as a means of generating income. At first, they do all that with their right senses, but to some extent, they'll no longer be in the right control to change their thoughts or look for another means of earning. Discipline to our bankroll, matters a lot, in gambling, and it requires the need to set a long-term goal on what we want in gambling.

It's saddening to hear of a gambler who now sees gambling as his side hustle. How long would he be able to hold on until he begins to lose productivity in his main job or business? So, that mindset is what causes addiction in most instances, as it's not a compulsory rule that people must win in gambling. But, the people with such plan in their beginning stage of gambling, have the same will keep going until all have been lost including the money meant for business. The pain and anxiety, now fuel the addiction to accumulate and the person won't be able to quit gambling easily. Gamblers need to have another source of income, and also take it seriously than they do with gambling. Relaxation shouldn't be every second. I think gamblers are expected to make out the time on when to gamble and have cool mind control.

Focusing too much on winning at gambling will only make a person forget the boundaries he has made so that he will not be able to control the use of his money. To win is difficult and we don't know how much money we have to use until we can win, let alone a big win. We should only use enough money to gamble and focus on the game and try to enjoy the game. If we feel that we are getting pleasure from the game, we must immediately stop gambling so as not to lose more money from gambling. That means we have tried to discipline ourselves in playing gambling so that we can still gamble at other times because we are not chasing wins and only enjoy gambling games in our free time.

Many gamblers have actually increased their bets because they see an opportunity to win a larger amount of money. However, this opportunity will not always meet a gambler's expectations because the opportunity may actually turn into a loss. If the gambler doesn't realize it, he can actually continue gambling because he still has hope of winning. This situation will affect their emotions, so they will not be able to remember their self-control and will instead fall deeper into gambling. That is why we must continue to practice self-discipline in gambling because we know that there are many temptations in gambling so we must try to avoid them for our own good.

well, this is very appropriate.
I really like your opinion because discipline regarding finances starts from us being able to appreciate the money we have and gamble when we have money left over from daily needs and if we dont have money left over from daily shopping it is better not to force ourselves to gamble.
and if you have money left to gamble, apply the mindset of appreciating money, do it by betting small amounts, enjoy each session and if you are lucky, immediately stop withdrawing your winnings, leave a little for the next gambling budget and if you lose several times, immediately stop because instead of spending one day's money it is better stop and use it to gamble another day, it's much better and that's one way to gamble healthily.

applying the mindset that if you want to earn big money, it is better to invest in savings or invest in BTC in the long term, you will definitely get quite large profits. actually, being disciplined in managing our finances is very easy, it's just that it's really difficult to defeat our thoughts or our ambitions.

Some people are too focused on winning so that is always the initial problem for them to forget some of the limits and management that they have made before like you said and it happens usually without realizing it, it is true that it is always undeniable even though we have planned some precautions at the beginning but often we seem to forget it when the session is already running, It's not other than because there are a lot of temptations when we are already in a gambling session that can certainly make us fooled in thinking, such as seeing the winning opportunities that you mentioned which can certainly make someone carried away when in fact it is nothing more than a temptation and the real victory is still difficult to achieve.

Obviously people whose mindset has changed who initially just want entertainment but suddenly all that changes just because they see a very tantalizing chance of winning then of course it is very possible for them to increase the amount of bets because of something that looks tantalizing, in the end it's all just a trick or hallucination that comes out of a hope and lose. Situations that do not match what they want certainly have the potential to make them emotional and after that some out of control actions are likely to occur, chasing defeat to break even is one of the initial actions they will take. That's why it's important to be as assertive as possible when you're already in the session, not to mention that many things that look tempting are nothing more than temptation.

That's a good way if you entrust your loved ones to help manage your money when gambling, but for me personally I completely hand over all my salary to my wife so she manages my gambling budget every week on weekends so whatever I receive it from her and I will use it to gamble, I entrust it to her because she is my wife who is good at managing finances. so I am still under safe control to avoid addiction.

I think this is a good way to avoid addiction. If someone already has a partner, it is better to trust our partner to manage the budget for gambling and also make sure our partner is not a gambler, because there are also cases where both husband and wife are gamblers and it seems there will be difficulties in managing it. and managing money properly. If you have a partner who is a gambler, you should look for a partner who is smart in managing household finances, it will be better.

Yes, that's true because many of them want to win from gambling so they forget to manage their money well. Maybe they can manage it at the beginning of their gambling, but after gambling for a while, they see an opportunity to win, so they decide to place a bigger bet than before. But it turns out that it doesn't give them the win they want, and that makes them curious, so they still use the same betting amount, but again, they lose. The more often they lose, their curiosity will grow and make them eager to win. That's what makes many people addicted to gambling and if you can still control yourself well, you still have to practice it and never underestimate it. Gambling can tempt us in many ways so we have to be careful.

That means you don't have good self-control because you can only do well when your wife is watching and reminding you, isn't that right? Let's say you are away from your wife for a few weeks, maybe you will get financial problems because you don't get supervision from your wife.

Then how can you get the pleasure you want from gambling when you are restricted by your wife in money management, while you still want to continue the game to get pleasure that day? I personally admit that sometimes apart from the management that I have made myself, some moments I have to spend more than what I have budgeted to get satisfaction from gambling, no matter win or lose, it is a necessity. but after that I return to the principles that I have made.

When it comes to gambling then everything would really be that depending into your first approach and mindset towards it because if you have started up on gambling with having that greedy kind like of mind then discipline wont really be there. Why? you would really be that desperate on making profits or money and you would really be that lost of track in terms of bankroll management on which we know that this is really that something crucial which you would really be needing up when you do play gambling but if its not then for sure you would really be that putting yourself on such trouble and this is something that should really be avoided in the first place on which you would be needing that discipline of course.

Discipline starts from the mindset, until a gambler have decided to be discipline from his mind first, only then he can draw out the disciplinary principles which will become very helpful and everyone base here will drove to become a promising gambler in the system. Anyone that have supporters is also trying and lucky at the same time, not always he would be wagering because the wife or partner will gives good advice. Married to your better half because she's been really helpful and an important companion to you. You're so lucky to be married to a good wife unlike some of us that our wives have no single concerns relating to our business, we do as we pleases, losing and profits, we face this stage alone too.

It was not just a crucial thing to do but it was the most difficult one especially when we fall into addiction (thank god I was not).
That is why we should have learned how to value our money and know how to spend it wisely. We can spend some to gambling but it should not surpass our limits. Learning can't be done quickly but it would happen if we never focus on our gambling life. Yes, even though our win rate is high but spending more will still end up more on losses rather than profit. Sometimes we get surprised that we empty our bank account and compromise our finances because of our gambling habits.

Probably the most effective of them all especially if you want to be a loving husband, and there's no other way around that anyway, you're a married man and still gambling, I think that your wife would be on the right side of things on this one, you could be spending that money on a different things that will help in your married life. For me though as I don't have a wife yet, my best defense when it comes to going overboard with my bankroll is that I put a decent amount on my bankroll and hope that it's enough to satisfy me.

I believe that in any financial-related issue or field, not just gambling, effective account management is the most crucial factor, and it's something you should master first before engaging in any form of it. Like you said, even if you have a good strategy, a high win rate, but if you don't manage your account well, you'll still incur losses, as simple as increasing the betting amount when losing. In my view, that's also a form of poor account management. Besides, profit-taking and resetting the account after significant wins or achieving the initial set goals are also essential aspects to manage successfully.

I only listen what my wife says so yes i am disciplined and knows how to manage my
bankrolls or better say my wife is , so I am safe from this questions forever and this is also the reason why
never that i will become a addicted gamblers.

But we can't deny the fact that some gamblers are doing this to earn profit, not for just entertainment only, right? Majority of gamblers here in forum has the same thought like mine because I also got to the point where I tried to gamble to earn extra money but somehow I managed to stop myself from leading to gambling addiction. Tbh I've actually gambling for now when I have spare time and I want extra challenging game but still I have and know my limits.

Novice gamblers can apply the right methods for them so that they don't experience problems while gambling. Unfortunately, many novice gamblers don't want to learn from many people and only follow their egos in gambling, resulting in them experiencing a lot of losses that they often can't afford to face. That's why we have to really understand that when playing gambling, we don't need to be too persistent in chasing wins or recovering from losses because that will only result in more losses. We should gamble just enough so that we can enjoy gambling as entertainment and can also relieve stress resulting from our daily routine. That way, we only gamble to get entertainment and we can also use other activities to get entertainment too.

If we are into gambling and we want to focus with how we can manage to win some or stay responsible with our actions, we need to make sure that we are learning each time we place our bets, win or lose there's should be an extra learning and use it as basis when we try our next picks, along the way, with good attitude towards your bankroll management you will be able to developed good bankroll management plus the capability to adjust and limit yourself with experienced that gives you the hint if you needed to stop and rest for a while.


Gambling is not about funding our casino wallet always, we must developed a means to control our bankroll we will take a check on how we have been gambling from how we loose or win.