How discipline are you in managing your bankroll? - page 8.

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Quote from: stadus on November 15, 2023, 10:06:12 AM

Recently, I've had some issues with bankroll management. Although I've been gambling for years, sometimes I feel the urge to get more action because I'm not satisfied with my winnings. It's as if there's no tomorrow, and seizing the moment seems like the best option. However, whenever I become undisciplined, it usually doesn't end well. My realization is that no matter how good you are at choosing the right bets, without discipline in bankroll management, you'll still end up losing.

Could you please share some of your honest experiences here and how you became a disciplined gambler, particularly in managing your bankroll? What factors do you consider to be satisfied and to stick with the game plan all the time?

That's true; I've tried that before. Do you think the strategy we're using is right? Because we see that we're already growing the bankroll balance, we're thinking that we'll be able to keep getting profit from gambling every day.

I experienced this: for about 6 days, I got a profit in a row in dice games. After 7 days, I noticed that the wind suddenly changed. The 6 days I saved were also ignored, to be honest. That's my real experience.

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Quote from: maydna on November 24, 2023, 05:01:39 PM

Quote from: Webetcoins on November 24, 2023, 12:14:33 PM

Quote from: maydna on November 18, 2023, 08:29:43 AM

~snip~

It's easier said than done. A person who knows how to do a certain thing will tell another person who doesn't know how to do it that they can do it but they just need to learn it and they say it as if it's that easy and they think this way because they know how to do it themselves and that is what makes them think that anyone can do it because it's easy, whereas it's not really that easy for the person who has to learn it because they know absolutely nothing about it.

Similarly, when you are disciplined and have the self-control required to control the urge, you will feel like it's not such a big deal and all you need to do is stop when you need to, but from their perspective, it's not that easy, and they don't have that patience and self-control which can make them stop or follow the limits they've set for themselves.

Actually, everyone can try it, meaning learn to try. It's not easy, but if someone doesn't want to try, they will never be able to do it. This is something that can be learned by everyone without exception, so if there is someone who can't while someone else can and continues to train, it means there is something wrong with that person. And if they don't know anything, they can ask in more detail what the difficulty was and what they did so they can learn about it and try it.

They can actually stop, but the problem is that it is still difficult for them to stop gambling and postpone it for several rounds immediately. And that will only hinder their desire to stop. Discipline is an activity that is carried out continuously. You go to the office and have to reach the office at 8 am. You can reach the office at 7.30. This means you have disciplined yourself so you arrive on time at the office. For people who are not used to getting up early or have never worked in an office, it may seem difficult. But if they learn to get up early, they will be able to get up early.

All matters with self acceptance because it is really just that normal to experience those mistakes since there are no perfect on this world on which on the time that you are dealing with gambling
then losses are inevitable and it is really just that right that you should really be managing your bankroll well if you dont like on easily getting busted up with gambling. Although
we do know that the risks involved is high and most likely we would really be that losing money. What matter most here is that you should really know on when to stop and when to
proceed on. People do usually stop when they had already busted their bankroll and not on the time that they are losing that much and call it a day.
Once that impulsive emotion would come out then it is really that something hard to control into.

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Quote from: Quidat on November 24, 2023, 12:18:47 PM

If you do like to have that longer gambling session then having that kind of bankroll management would really be something that you do need. Why? You would really be trying out to make
bets as minimal as you could on which you are really that trying to prolong the session and really be that trying out to sustain just because you are really planning to have that fun
and longer sessions but of course most of the time it would really be talking on having that kind of profitable gambling.

For me then if i do know that i do have only a small amount of bankroll then i would really be trying out to divide it as small as possible because if you dont then
gambling session would be over in just few rolls or rounds and if you arent that satisfied with the duration then most likely
you would really be ending up on making a deposit again which it isnt really that good at all.

The bank roll management is essential for the gambler to play in the old age,because we gambling play at the young age was easy one because the money for the gambling site can be arranged by the gambler form their salary.Some of my gambler friends used to spend 30 percentage of their income to the gambling,if their family member or wife come to know about this.So the gambler get more pressure to play using their gambling with the income.So the gambler should keep their own seperate account for the gambling alone.The small bankroll gambler also survive for the long term in the gambling site by allow to save the gambling winnings in the separate account without sharing your family member will help for the long run.

maydna

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Quote from: Webetcoins on November 24, 2023, 12:14:33 PM

Quote from: maydna on November 18, 2023, 08:29:43 AM

~snip~

It's easier said than done. A person who knows how to do a certain thing will tell another person who doesn't know how to do it that they can do it but they just need to learn it and they say it as if it's that easy and they think this way because they know how to do it themselves and that is what makes them think that anyone can do it because it's easy, whereas it's not really that easy for the person who has to learn it because they know absolutely nothing about it.

Similarly, when you are disciplined and have the self-control required to control the urge, you will feel like it's not such a big deal and all you need to do is stop when you need to, but from their perspective, it's not that easy, and they don't have that patience and self-control which can make them stop or follow the limits they've set for themselves.

Actually, everyone can try it, meaning learn to try. It's not easy, but if someone doesn't want to try, they will never be able to do it. This is something that can be learned by everyone without exception, so if there is someone who can't while someone else can and continues to train, it means there is something wrong with that person. And if they don't know anything, they can ask in more detail what the difficulty was and what they did so they can learn about it and try it.

They can actually stop, but the problem is that it is still difficult for them to stop gambling and postpone it for several rounds immediately. And that will only hinder their desire to stop. Discipline is an activity that is carried out continuously. You go to the office and have to reach the office at 8 am. You can reach the office at 7.30. This means you have disciplined yourself so you arrive on time at the office. For people who are not used to getting up early or have never worked in an office, it may seem difficult. But if they learn to get up early, they will be able to get up early.

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Quote from: noormcs5 on November 24, 2023, 12:19:25 PM

When it comes to manage your bank roll to be discipline specially when you are gambling then I must say that it is not an easy task and only that experience gamblers will be able to manage their bankroll only after they have ganied sufficient experience in this brutal market.

Yes a person a can learn from a person and if that person is experienced in managing the bank roll but then it will take time. A new gambler will be influenced by the emotions and will make many mistakes before he is perfect in managing his bankroll and all the principles of money management.

In a way it is completely understandable why new gamblers suffer so much to try to manage their bankroll, and this is because they are not even used to managing the rest of their money either, how many people do you know that are too heavily indebted, do not save any money or do not have any investments? And most likely the majority of the people that you know fulfill at least one of those conditions, and when you think about that then it makes sense why people are also bad at managing the money they have deposited at their favorite casino.

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To competently manage the bankroll, you must, first of all, be able to observe financial discipline, have a stable enough psyche and, no matter what, try to stick to a carefully developed plan, without giving in to excitement

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Quote from: Webetcoins on November 24, 2023, 12:14:33 PM

Quote from: maydna on November 18, 2023, 08:29:43 AM

It seems like you are addicted to gambling because you have the urge to do more and don't think that there is actually still a tomorrow that you can use to gamble. At least you have to be disciplined in managing your bankroll and always try to limit your gambling so that you never think about exceeding or doing more today. We can only limit losses so that they don't get bigger and don't spend all the money for today so that we can still gamble another day using the money we still have now.

I always set the same amount to gamble and never go over it because once we go over that amount, there will be the urge you feel. If you want to overcome it, you have to learn discipline and never stop practicing it because to become disciplined, you need time. Don't give up if you can't discipline yourself today, and try another day and convince yourself that you can do it by having that discipline.

Quote from: maydna on November 18, 2023, 08:29:43 AM

If you want to overcome it, you have to learn discipline and never stop practicing it because to become disciplined, you need time. Don't give up if you can't discipline yourself today, and try another day and convince yourself that you can do it by having that discipline.

It's easier said than done. A person who knows how to do a certain thing will tell another person who doesn't know how to do it that they can do it but they just need to learn it and they say it as if it's that easy and they think this way because they know how to do it themselves and that is what makes them think that anyone can do it because it's easy, whereas it's not really that easy for the person who has to learn it because they know absolutely nothing about it.

Similarly, when you are disciplined and have the self-control required to control the urge, you will feel like it's not such a big deal and all you need to do is stop when you need to, but from their perspective, it's not that easy, and they don't have that patience and self-control which can make them stop or follow the limits they've set for themselves.

When it comes to manage your bank roll to be discipline specially when you are gambling then I must say that it is not an easy task and only that experience gamblers will be able to manage their bankroll only after they have ganied sufficient experience in this brutal market.

Yes a person a can learn from a person and if that person is experienced in managing the bank roll but then it will take time. A new gambler will be influenced by the emotions and will make many mistakes before he is perfect in managing his bankroll and all the principles of money management.

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Quote from: stadus on November 15, 2023, 10:06:12 AM

Recently, I've had some issues with bankroll management. Although I've been gambling for years, sometimes I feel the urge to get more action because I'm not satisfied with my winnings. It's as if there's no tomorrow, and seizing the moment seems like the best option. However, whenever I become undisciplined, it usually doesn't end well. My realization is that no matter how good you are at choosing the right bets, without discipline in bankroll management, you'll still end up losing.

Could you please share some of your honest experiences here and how you became a disciplined gambler, particularly in managing your bankroll? What factors do you consider to be satisfied and to stick with the game plan all the time?

If you do like to have that longer gambling session then having that kind of bankroll management would really be something that you do need. Why? You would really be trying out to make
bets as minimal as you could on which you are really that trying to prolong the session and really be that trying out to sustain just because you are really planning to have that fun
and longer sessions but of course most of the time it would really be talking on having that kind of profitable gambling.

For me then if i do know that i do have only a small amount of bankroll then i would really be trying out to divide it as small as possible because if you dont then
gambling session would be over in just few rolls or rounds and if you arent that satisfied with the duration then most likely
you would really be ending up on making a deposit again which it isnt really that good at all.

Webetcoins

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Quote from: maydna on November 18, 2023, 08:29:43 AM

It seems like you are addicted to gambling because you have the urge to do more and don't think that there is actually still a tomorrow that you can use to gamble. At least you have to be disciplined in managing your bankroll and always try to limit your gambling so that you never think about exceeding or doing more today. We can only limit losses so that they don't get bigger and don't spend all the money for today so that we can still gamble another day using the money we still have now.

I always set the same amount to gamble and never go over it because once we go over that amount, there will be the urge you feel. If you want to overcome it, you have to learn discipline and never stop practicing it because to become disciplined, you need time. Don't give up if you can't discipline yourself today, and try another day and convince yourself that you can do it by having that discipline.

Quote from: maydna on November 18, 2023, 08:29:43 AM

If you want to overcome it, you have to learn discipline and never stop practicing it because to become disciplined, you need time. Don't give up if you can't discipline yourself today, and try another day and convince yourself that you can do it by having that discipline.

It's easier said than done. A person who knows how to do a certain thing will tell another person who doesn't know how to do it that they can do it but they just need to learn it and they say it as if it's that easy and they think this way because they know how to do it themselves and that is what makes them think that anyone can do it because it's easy, whereas it's not really that easy for the person who has to learn it because they know absolutely nothing about it.

Similarly, when you are disciplined and have the self-control required to control the urge, you will feel like it's not such a big deal and all you need to do is stop when you need to, but from their perspective, it's not that easy, and they don't have that patience and self-control which can make them stop or follow the limits they've set for themselves.

madnessteat

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Quote from: stadus on November 15, 2023, 10:06:12 AM

Recently, I've had some issues with bankroll management. Although I've been gambling for years, sometimes I feel the urge to get more action because I'm not satisfied with my winnings. It's as if there's no tomorrow, and seizing the moment seems like the best option. However, whenever I become undisciplined, it usually doesn't end well. My realization is that no matter how good you are at choosing the right bets, without discipline in bankroll management, you'll still end up losing.

Could you please share some of your honest experiences here and how you became a disciplined gambler, particularly in managing your bankroll? What factors do you consider to be satisfied and to stick with the game plan all the time?

It seems to me that much depends on the gambler's responsibility to himself and his family. When I was not yet married, and accordingly all the money I earned could spend on myself, I could afford to leave in the casino 1/4 of my salary. Now when the well-being of other people I love depends on my actions, I can not just not afford to spend my paycheck on gambling. I have to look for additional opportunities to earn money. Most likely, responsibility comes with wisdom, so it is quite difficult to speed up this process.

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For me, sticking to limits has worked best to manage my money. I write down all my wins and losses too. That keeps me accountable so I make better choices next time. Like if I lost more than I usually allow myself, I'll set lower limits next couple times so I don't dig myself into a hole. Wins feel great but can make you reckless chasing even bigger wins and taking stupid risks. Tracking everything makes those highs and lows clearer. So I just try to gamble steady, not get too high or low. As long as I stick to my rules and limits, it goes alright typically.

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Quote from: 0t3p0t on November 23, 2023, 07:19:27 AM

Quote

How discipline are you in managing your bankroll?

I have limits on how much I can afford to lose. If my limit is $20, I am not gonna spend more than that after my funds got liquidated. The problem with other gamblers is that they keep on chasing loses that is why they end up losing huge amount of money than those who are setting limits.

I agree with you mate, once the amount set aside for your gambling activities has been exhausted, t is better to stop gambling. Another thing is that one shouldn't borrow money to gamble or use the money that is meant for an important need to gamble on order to avoid that person from trying to chase his losses.

Another thing that we should consider when gambling is to have a time limit to your gambling activities so that you can discipline yourself on the time that you are spending on gambling, either winning or not as long as the time limit is over, you should immediately stop gambling, to avoid spending excess because you are enjoying the fun or chasing your losses.

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Quote from: stadus on November 15, 2023, 10:06:12 AM

Could you please share some of your honest experiences here and how you became a disciplined gambler, particularly in managing your bankroll? What factors do you consider to be satisfied and to stick with the game plan all the time?

I thought I was disciplined already since I’m only playing every weekends when I’m off to work and only play using the money I allocate on gambling. But this change when I recently encountered dangerous chasing loss because it involves huge amount of money while it only start from small bet.

This happened because I gamble while my health is not good that time. I just play to kill time while I’m still not feeling and the result is awful. The big lesson that I learned here was even if you are already good on managing your bankroll, You will still be reckless sometimes if your mind is not conditioned to think well so only gamble while your mind can think fully capacity.

0t3p0t

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Quote

How discipline are you in managing your bankroll?

I have limits on how much I can afford to lose. If my limit is $20, I am not gonna spend more than that after my funds got liquidated. The problem with other gamblers is that they keep on chasing loses that is why they end up losing huge amount of money than those who are setting limits.

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Quote from: Yatsan on November 16, 2023, 01:46:40 PM

Quote from: pawanjain on November 16, 2023, 11:42:03 AM

Quote from: stadus on November 15, 2023, 10:06:12 AM

Recently, I've had some issues with bankroll management. Although I've been gambling for years, sometimes I feel the urge to get more action because I'm not satisfied with my winnings. It's as if there's no tomorrow, and seizing the moment seems like the best option. However, whenever I become undisciplined, it usually doesn't end well. My realization is that no matter how good you are at choosing the right bets, without discipline in bankroll management, you'll still end up losing.

Could you please share some of your honest experiences here and how you became a disciplined gambler, particularly in managing your bankroll? What factors do you consider to be satisfied and to stick with the game plan all the time?

Very well said and it's true. No matter how good we are at betting or how lucky we get but if we don't manage our bankroll well then we will end up spending more on betting and this will eventualluy end us up in losses.
I personally think that the best way to manage bankroll is to deposit only a limited amount that we can afford to lose.
At the end of the day, we need to limit our losses so that we don't end up losing more and we won't lose more if we don't have more money in our account.

Making a deposit less than your usual is a good thing. To some it won’t be of any help but the fact that it is tiring sometimes to deposit an amount, would help you limit your gambling bankroll. Another is to separate the amount you would be using in gambling, on a daily basis such that if you have lost the amount for that day, you’d be in guilt extending your gambling budget. Last is of course, self discipline; simplest yet the hardest. However, no plan will happen if you would neglect imposing your own discipline especially in gambling wherein one’s emotion could take him over. Set the right mindset; win an amount then stop, lose it all for that day then stop. Accept that it won’t always be our lucky day and that there are times losing would be more frequent.

Even I follow this approach and so far it is going great but when I tell this to others they start complaining.
They say that it's easy to say but hard to control the emotions and they start depositing more to play more.
That's the tough part in here and we need to have a strong self control. We need to have that discipline and only then we can manage our bankroll effectively.

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Quote from: stadus on November 15, 2023, 10:06:12 AM

Recently, I've had some issues with bankroll management. Although I've been gambling for years, sometimes I feel the urge to get more action because I'm not satisfied with my winnings. It's as if there's no tomorrow, and seizing the moment seems like the best option. However, whenever I become undisciplined, it usually doesn't end well. My realization is that no matter how good you are at choosing the right bets, without discipline in bankroll management, you'll still end up losing.

I have some questions that requires some justice answers. The first one is do you make money in those bets after you exceeded your bankroll? Is your bankroll weekly or daily? I will assume you are not making any profit so that I can input my opinion and recommendations but if you answer, I will change my opinion later.

If you wager your bankroll in a spot and it's something you are not doing before, then I think you need to check yourself. It's either your been idle and have much time to bets and it's affecting your ways of gambling, I believe when you have a very little time, to bets might even be hard to do except if you blew up everything in a single wager.

Quote

Could you please share some of your honest experiences here and how you became a disciplined gambler, particularly in managing your bankroll? What factors do you consider to be satisfied and to stick with the game plan all the time?

What do in betting, I have an allocation for every bet and even if when they bring what is expected of them, then the bet is done for that day, you don't need to go extra mile to bets everything and the worse of it is when there is lost for the day, I don't go more than my allocation and after the end of the month, I excel my profits and losses to see how profitable I was for that month. This work like magic and in addition, please have something physical doing and make sure you touch some grass, it's good for the health.

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Quote from: piebeyb on November 18, 2023, 03:00:55 AM

and ultimately makes the family miserable, falling into poverty and then being abandoned by the family, living a very tragic life by following the habit of gambling so that it cannot be controlled properly.

It happens with the best of gamblers who cannot control their habits, indeed gambling is the cause of marital disharmony in many families.

Quote

It's important to find someone to manage the budget, for example someone from the family or someone who understands this, so that you can gamble with proper control, without wasting money excessively and in a limited way, that's why I entrust my wife to manage my gambling budget every weekend, usually under 5% from my weekly salary. He arranged everything and I trust him, everyone will be safe, just gamble wisely and responsibly

You will end up fighting with that entrusted person. I have heard about the wife being in charge of the bankroll but the guy eventually started stealing from her in order to play, which led to their divorce and the guy found another woman and stole money from her too.

It ends up being the same unless the gambler exerts their self-control. Most gamblers cannot and they need to seek professional help too.

maydna

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It seems like you are addicted to gambling because you have the urge to do more and don't think that there is actually still a tomorrow that you can use to gamble. At least you have to be disciplined in managing your bankroll and always try to limit your gambling so that you never think about exceeding or doing more today. We can only limit losses so that they don't get bigger and don't spend all the money for today so that we can still gamble another day using the money we still have now.

I always set the same amount to gamble and never go over it because once we go over that amount, there will be the urge you feel. If you want to overcome it, you have to learn discipline and never stop practicing it because to become disciplined, you need time. Don't give up if you can't discipline yourself today, and try another day and convince yourself that you can do it by having that discipline.

piebeyb

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Quote from: TheUltraElite on November 17, 2023, 09:09:40 AM

Its not just the OP, managing the bankroll is tough. Period.
The gambler always wants to make money and to do that they need to constant bankroll supply, which comes in only from their pocket without limitations, eventually creeping to the family's money and borrowed money from lenders.

We have a rule of never bet more than 10% of your entire bankroll on any bet. Try to follow that as a general thumb rule. Controlling your gambling habits need another level of self-discipline without which your end up busting all of it.

Yes, it's very difficult, but we can try it slowly, at least limit the budget because that way we won't gamble beyond the limit, many gamblers don't limit their budget so they gamble without limits, until they use the money that should be for their needs and needs. the family becomes exhausted and ultimately makes the family miserable, falling into poverty and then being abandoned by the family, living a very tragic life by following the habit of gambling so that it cannot be controlled properly.

It's important to find someone to manage the budget, for example someone from the family or someone who understands this, so that you can gamble with proper control, without wasting money excessively and in a limited way, that's why I entrust my wife to manage my gambling budget every weekend, usually under 5% from my weekly salary. He arranged everything and I trust him, everyone will be safe, just gamble wisely and responsibly

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Quote from: South Park on November 17, 2023, 01:11:12 PM

Like everything else in life becoming a disciplined person is something that you develop slowly and you learn over time, so if you want to become more disciplined then you need to begin to try to do so in many other aspects of your life as well, so if for example your alarm clock rings and it is time to wake up you should not turn it off and sleep for five more minutes, instead you should get up immediately and without any protest, while this may seem small, if you being to do this in many aspects of your life soon you will develop discipline, and deciding a limit when you gamble and respecting it will become way easier.

There are many ways we can have good discipline, and you provide a good example of practicing this discipline. When playing gambling, we also have to have good discipline so that we don't gamble too much and always try to stay within limits. We can only try to learn discipline and even though it is difficult, we still have to force ourselves to have good discipline to be able to gamble within limits. We have seen how a gambler loses his discipline in gambling, which causes him to lose a lot of money. For this reason, we must continue to practice discipline so that we don't experience problems in gambling.

Topic: How discipline are you in managing your bankroll? - page 8. (Read 1619 times)