That spreadsheet can helps gamblers to manage their money. I agree with the ability to follow your money because that is important for us knowing how much money we already use to playing gambling.
We can also aware when we almost break our limits so we can stop for a while and take a rest. We will not push ourselves to continue playing gambling especially if our conditions is lose.
The key objective here is to monitor whether you meet your target win rate. You can't view this as a simple income and expense situation because, fundamentally, you're trying to grow your capital. A loss means you've depleted your entire bankroll, effectively ending your game. Since achieving a specific win rate is crucial, your focus must be on turning that into reality, which requires discipline in managing your bankroll.We can also aware when we almost break our limits so we can stop for a while and take a rest. We will not push ourselves to continue playing gambling especially if our conditions is lose.
I'm giving an example here... with a bankroll of $10,000, you can begin betting $100 per stake. This means you would need to lose 100 times to completely deplete your bankroll, which is unlikely...even during a losing streak...unless you abandon your strategy and start betting recklessly.
I don't have a spreadsheet but I am trying to strict to myself in gambling and will not let myself lose too much money. I am still learning to limit myself in gambling so I don't think that I need spreadsheet to manage my money.
Maintaining a spreadsheet doesn't require you to start with a large amount of money; in fact, you can begin without risking any funds at all. This approach allows you to track your performance and assess whether you're truly doing well before committing real money.
