Pages:
Author

Topic: How discipline are you in managing your bankroll? - page 9. (Read 1616 times)

sr. member
Activity: 812
Merit: 315
Vave.com - Crypto Casino
Many people still tend to overlook and ignore the importance of bankroll, before you start gambling it's very important to define the actual money you want to be using for gambling, either daily, weekly or monthly, if you are a salary earner, allocate some money that you would consider as disposable, the lower it is the better, it depends on how much you are earning though, as little at $2 to as much as $1000, the goal here is to set limits that you can live with.

Many gamblers don't like keeping track of their losses but a proper management of your bankroll involves not only keeping tracks of the bets you win but also those that end up losing, I know that winning can be pretty exciting but at the same time I believe the excitement can also distract them from looking into how much they have actually lost so far.

The third advice for you is to avoid chasing your losses, winning some money in gambling is very exciting however losses are inevitable when you gamble and sometimes the losses might not be very bad and you will feel like you can recover them back, sooner you will start getting the hopes if getting your money back and that will keep you playing, still not entirely bad if you are still managing what you can afford to lose but still this method is not healthy for your bankroll, there is nothing bad in losing and taking a break.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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?
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.

That's principle comes from how you adopt the system and how serious you are in focusing to continue the discipline, I think with what you said developing that kind of thinking you will learn things from each gambling sessions that you'll going to participate in, managing bankroll is not easy as there's always temptation that may lead you to make an excessive gambling.

It's a self-explanation of how good or how bad you are in terms of managing your money, gambling always has that way to allure you and make you ask for more. Things that you need to suppress whenever you are inside gambling.
hero member
Activity: 1498
Merit: 504
This is also me, having a strong strategy on how to deal with gambling though sometimes you'll get tempted to gamble more especially if you don't have other activities for the day. Being a responsible gambler can make a big difference and can save you a lot from losing big money. There are times that you might feel to gamble more, just remember your first plan and commit to that. At the end of the day your success will depend on how responsible you are.
This situation is common with most gamblers, even the gamblers with so much of experience and discipline, they at some point struggle with all these things and but they most times seem to have that self control over their urge to want to gamble again because I think they definitely do have that urge at times.

Greed sometimes has been one of the major reason some of these gamblers find it really difficult to maintain a good level of discipline with their bank roll while gambling, the more they get greedy the more they tend to add more, when ever they experience a certain amount nof loss they get greedy and want to recover it by all means thereby increasing their bankroll on their stakes and when it turns out a loss they are affected heavily.
Experienced gamblers can usually manage their finances well and they always think about not overspending because experienced gamblers know more about the risks of gambling which causes more losses than wins so experienced gamblers definitely use gambling responsibly and determine their bets without being careless and this can be an example for other gamblers to control their finances with discipline and be able to set a budget firmly and not be unstable.
This means that gamblers will definitely not experience problems with financial disruption.

Greed indeed causes gamblers to lose control so it is difficult to be able to set a definite budget. With this greed, someone becomes crazy and ambitious to win big, they never leave gambling before achieving maximum results.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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?
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.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
You said you have been gambling for years? But unfortunately the issue is still there. It is possible that you can't totally learn from your mistakes. We can also say that you are only just a human and as a human, we are always bound to make a mistake. I've went through a lot of motivational discussions or self discipline threads and see that some people there can also fail to follow their new return.

But as they say, as long as you are alive and breathing, there is always a chance. So that was it. Just try to discipline your self again and try to become a better version of your self this time. Good luck buddy. If possible, maybe you can leave gambling for a while.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
This is also me, having a strong strategy on how to deal with gambling though sometimes you'll get tempted to gamble more especially if you don't have other activities for the day. Being a responsible gambler can make a big difference and can save you a lot from losing big money. There are times that you might feel to gamble more, just remember your first plan and commit to that. At the end of the day your success will depend on how responsible you are.
This situation is common with most gamblers, even the gamblers with so much of experience and discipline, they at some point struggle with all these things and but they most times seem to have that self control over their urge to want to gamble again because I think they definitely do have that urge at times.

Greed sometimes has been one of the major reason some of these gamblers find it really difficult to maintain a good level of discipline with their bank roll while gambling, the more they get greedy the more they tend to add more, when ever they experience a certain amount nof loss they get greedy and want to recover it by all means thereby increasing their bankroll on their stakes and when it turns out a loss they are affected heavily.

I doubt that many gamblers are disciplined. Because in my opinion, many gamblers play again when they lose because of the emotion of losing and encourage them to gamble again. Unconsciously they have lost a lot of money gambling, things like this are difficult to avoid so many gamblers are like this. The bookie who acts as their host reaps a lot of profits when there are people like this, they have lost a lot but still they keep gambling in the hope that they can get a big win to replace the losses they have felt.
That's the truth, even I can confirm it myself. The greed that drives them to continue gambling because their brains have been quasi by gambling to the point of not thinking about anything else. And this certainly harms them in every way not only in terms of finances.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform

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?

The first step to manage a bankroll is to always remind yourself that betting doesn't have a winning guarantee and so you will have that at the back of your mind before betting and what this does is to make you bet reasonably and not to go beyond your budget. Budgeting and emotion go together, a good budget and a bad emotion means something is wrong but a good budget and a good emotion means something is right because there will always be control on the impulse to play irrationally. So chasing loses is not a good management skill.

Chasing both winnings and losses is always a bad idea as it usually doesn't end in our favor. If we're not content with our winnings and keep betting significant amounts in the pursuit of more wins, it's likely not going to end well. What we really need is a bankroll that allows for both pressure and excitement, turning it into a serious and long-term endeavor. Starting with a small bankroll and aiming for a huge target, while it might succeed, the chances of success are minimal, close to 1%.

Basically chasing something that has been lost in gambling will always be an action that is not recommended, none other than because there is no guarantee whatsoever for you to be able to return the money in full, it is always a little impossible because the purpose of the casino is to profit from the defeat of the gamblers, so with that alone it is clear that it will not be easy for anyone to recover, there will be no other feeling than disappointment and regret, But I say that only for people who still have a little awareness, because of course for people who have a very strong addiction they will not care about the concept and the real risk of gambling that you will not be able or mean very difficult to recover, and usually what they do is continue to chase defeat until they realize that they have lost a lot of money with large amounts.

So it's really not recommended and not a good alternative to choose and also on the other hand usually the final result is even worse. The only thing you can choose is to accept all the risks that have occurred and not chase anything that has been lost, with that then I will call you a responsible gambler. Another way is to reduce the amount of your budget so that you don't get too hurt if you lose again, which is more important.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
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.
legendary
Activity: 2128
Merit: 1775
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?
For me as long as I was involved in gambling, especially crypto online casinos, I felt that I didn't care too much and was serious about discipline and in the management factor of the money I was betting.

In fact, I gamble as much as I like or when I have free time, the same goes for money, I really use my side money in gambling, for me winning or losing is not a bitter moment that I feel.

I really don't have a special bankroll in gambling, besides I don't set aside special money in gambling, exactly as I said above, gambling comes and goes, gambling is not specifically to be done.
sr. member
Activity: 2436
Merit: 343

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?

The first step to manage a bankroll is to always remind yourself that betting doesn't have a winning guarantee and so you will have that at the back of your mind before betting and what this does is to make you bet reasonably and not to go beyond your budget. Budgeting and emotion go together, a good budget and a bad emotion means something is wrong but a good budget and a good emotion means something is right because there will always be control on the impulse to play irrationally. So chasing loses is not a good management skill.

Chasing both winnings and losses is always a bad idea as it usually doesn't end in our favor. If we're not content with our winnings and keep betting significant amounts in the pursuit of more wins, it's likely not going to end well. What we really need is a bankroll that allows for both pressure and excitement, turning it into a serious and long-term endeavor. Starting with a small bankroll and aiming for a huge target, while it might succeed, the chances of success are minimal, close to 1%.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino

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?

The first step to manage a bankroll is to always remind yourself that betting doesn't have a winning guarantee and so you will have that at the back of your mind before betting and what this does is to make you bet reasonably and not to go beyond your budget. Budgeting and emotion go together, a good budget and a bad emotion means something is wrong but a good budget and a good emotion means something is right because there will always be control on the impulse to play irrationally. So chasing loses is not a good management skill.
sr. member
Activity: 2296
Merit: 348
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.
Almost every gambler feels that way at some point, you don't think about tomorrow when you feel like you can win more today and have more money for tomorrow and this thought process makes you go for it.

However, whenever I become undisciplined, it usually doesn't end well.
That's right, it barely ends well for any gambler that isn't disciplined with their bankroll and the time they spend on their gambling activities.

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.
Yep, late (since you've lost already) but right. It's discipline and staying within your limits that can save you from excessive losses because gambling is not for us to make money but it's to make money for people who own the casinos.

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 don't do anything special in particular, I just always remember that I know I'm a human, and human nature tends to never get satisfied no matter how much it gets. So, it's better to just settle down to whatever you have got and avoid the greed that will keep tickling you to keep playing and you will get more because that's a lie your mind is telling you.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
Took me a lot of tries and failures, but I eventually mastered the art of discipline when it comes to retaining and managing the value of your bankroll. How I did it? Through this unconditional 3-wins-3-loss system that I saw someone propose in this forum, with no variations on my end made.

First off, you create a system wherein when you win or lose after 3 tries, you’d drop the game no matter what the outcome is, and once you successfully do this, live and die upon this hill. You’d see that eventually , you’ll grow the habit of keeping up with this system, and managing and saving the value of your bankroll will come as easy as breathing for you.
sr. member
Activity: 882
Merit: 457
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?

Gambling with discipline is very difficult. I'm sure we often feel emotional or dissatisfied so we make another deposit after losing a game. I often do this even though I have tried to be more disciplined in managing my finances. I have a money limit when gambling, but several times I have exceeded this limit if I lost too quickly on a slot machine so I made another deposit.

I think we have to be able to control ourselves, when we feel emotional we should stop and do other activities outside the house, usually that makes our emotions better. A safe way to play gambling is to use small bets so that the bankroll will last a long time and we can play until we get bored, but sometimes we don't feel satisfied if we get a big win with a small bet. In gambling, the most important thing is financial management, as long as we can maintain our financial condition in good condition then gambling will not disturb anything.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
This is also me, having a strong strategy on how to deal with gambling though sometimes you'll get tempted to gamble more especially if you don't have other activities for the day. Being a responsible gambler can make a big difference and can save you a lot from losing big money. There are times that you might feel to gamble more, just remember your first plan and commit to that. At the end of the day your success will depend on how responsible you are.
This situation is common with most gamblers, even the gamblers with so much of experience and discipline, they at some point struggle with all these things and but they most times seem to have that self control over their urge to want to gamble again because I think they definitely do have that urge at times.

Greed sometimes has been one of the major reason some of these gamblers find it really difficult to maintain a good level of discipline with their bank roll while gambling, the more they get greedy the more they tend to add more, when ever they experience a certain amount nof loss they get greedy and want to recover it by all means thereby increasing their bankroll on their stakes and when it turns out a loss they are affected heavily.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
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 I'm honest, I don't have an ideal answer for you. in fact, your experience is our experience too. but if I refer to personal experience, this situation depends on the conditions, situation and our psychology, especially when we are enjoying playing a game that we just like. in this case, a slot game. The situation you say is a common problem even though we are gamblers who have experience requirements. However, when faced with a game that is based on luck, sometimes our discipline can change. I mean, it is influenced by various things which are the main factors. that's why, I don't have an ideal answer.

Well, maybe there is a difference between you and me, because I tend to bet on football. Plus, of the many matches presented, I only chose 3 matches. it could be more, but that's if I'm sure about the results of the analysis I did. In luck-based games, it will be quite difficult to discipline ourselves in the game sessions we play. unless you limit yourself to how willing you are to accept defeat. if not, then the story will be the same as you said. So, the point is, there are no effective tips that someone has set that will work for you. The problem is, every person/gambler is different. So what is the essence, the answer is yourself. how you involve awareness, experience, responsibility and self-control. Apart from that, nothing is better according to my version.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
Uhmmm, some peeps are naturally extravagant... It don't mean they can't just adjust buh, they've been used to wasting resources and that's definitely what defines them at some point in Thier lives...

I'd like to add this... You can't pretend enough when it comes to things done within your closet (gambling) - you may try to act wise for some few moves with your bankroll but trust me, someday, you'd wager everything on it and it'll just be an experience to share to others...
Well for the wise one,they can actually be disciplined enough not to use more than the desired for a day or two.

Sandra 🧑‍🦰
hero member
Activity: 1918
Merit: 564
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 is the greed and not being content that is the main culprit why a gambler losses his bankroll.  I usually have the same amount of bet my entire gameplay since I like playing slots in my gambling activities.  There is no problem with the size of bet since I always prefer the minimal bet to prolong my session, it is the amount of time to spend that makes me to lose all my bankroll since I tend to keep playing as long as my bankroll is not emptied.

I have noticed my mistakes and started limiting the time I played.   Since I am gambling to have fun, any amount of winning is fine for me but I realized I need to moderate the time I spend in gambling in order to not exhaust my bankroll when I have a good run in the beginning of my game play.
hero member
Activity: 1652
Merit: 518
OrangeFren.com
I know I'm not a disciplined gambler and if I had too much money deposited in my casino account I'd overextend my games, which is why I never hold money on casino accounts. This is one of the rules I never break. When I want to play, I deposit a certain (small) amount of money and bet that until I either win enough to quit (double?), or bet on sports which makes all the bankroll disappear instantly, or I lose everything. If I lose it all I never add to the balance, just quit for some time.

Gambling was the game and playing the discipline was seems good.But most of the gambler will not follow all the rules.Because the game was for the entertainment purpose,So not all the gambler follow the rules in the game.But all the gambler must follow the rule of kyc verification to the gambling site,because thee Kyc verification alone help the gambling site to free from money laundering involvement.The gambler should fix the usage of 20-30 percentage of money to the gambling site,So they won't affect the bankroll the gamblers and affect the financial problems and we no need to get the loan for the loss to the gambling sites.Many gambler allow the loss to huge money and get the loan from their friends for their basic needs and family expenses was need to change character of the gambler.
sr. member
Activity: 2422
Merit: 357
I'm extremely disciplined. I tell myself how much I'll spend and that's what I do. When I decide that it's going to be $100 this week, even if I'm having a great winning streak, I'll stop when I reach the amount I wanted to leave with before starting the game. That said, I often bet on matches like boxing, MMM, football, and I don't have to be really disciplined when it comes to it. After all, what I bet is in the game, unless I get  a chance to leave early and take a smaller win, but that's another matter for discussion.
What I find difficult, despite being disciplined is that I have second thoughts after. What If I played a bit more, what if I bet more on that game... I know it's stupid but that's how human brain works.
This is also me, having a strong strategy on how to deal with gambling though sometimes you'll get tempted to gamble more especially if you don't have other activities for the day. Being a responsible gambler can make a big difference and can save you a lot from losing big money. There are times that you might feel to gamble more, just remember your first plan and commit to that. At the end of the day your success will depend on how responsible you are.
Pages:
Jump to: