What is your daily bankroll limit? - page 3.

upsidedown75

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Quote from: dinda22 on January 14, 2016, 10:07:14 AM

Quote from: POM on January 08, 2016, 02:48:17 PM

-Do you have a separate wallet just for gambling?

Yes i have a special wallet to play gambling.

Quote from: POM on January 08, 2016, 02:48:17 PM

-Do you have a daily limit on your bankroll?

My limit is around 0.01-0.05BTC and that is my daily bankroll limit.

Thats really good that guys are taking gambling seriously and keeping a different wallet for it, I used to think most of users just gamble for fun and dont care to make a new wallet for it.

bitgolden

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Quote from: crytoboost on January 14, 2016, 09:26:26 AM

It depends on my gambling needs what i have feelings about my day it is not fixed sometimes i gambled with a lot of coins and sometime don't play any any casino.

Yes because if someday you feel lucky you would gamble a lot more. But i think all day for me are same, everyday and any day I gamble turns out to be a bad one, except some obviously.

Erza

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Quote from: shogdite on January 14, 2016, 07:25:31 PM

Quote from: zeaderza on January 14, 2016, 05:21:04 PM

My daily bankroll limit is 5 mbtc.
I try to make profit every day.
I hope in the future to allow a larger amount.

That is good having a low limit but is that a low limit for you? The problem i see there is that you keep trying to make profit everyday? For how long have you tried this? Hopefully you wake up before getting a larger amount and blowing it in future.

I dont think that keep making some profit everyday is become a problem, earning 0.01-0.03 per day you will get 0.3-0.9 each month which is that is a good thing. If you say that is impossible let cut it to half 0.15-0.45 per month which is possible right?

fullypak

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Quote from: zeaderza on January 14, 2016, 05:21:04 PM

My daily bankroll limit is 5 mbtc.
I try to make profit every day.
I hope in the future to allow a larger amount.

If you already know that very day your gambling with small amount but not making profits than why you would like to waste your money again with larger amount on daily basis? Just continue with small amount until you realize you can't win in gambling so that your loses will be less.

brianlee01

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-Do you have a separate wallet just for gambling?
No, i don't just use 1 wallet there is Blockchain for gambling and trading.
-Do you have a daily limit on your bankroll?
Max daily bankroll if i play in gambling site is 0.1BTC for that i can earn up to 0.05BTC-0.2BTC with playing poker,dice and sportbook.

diodio5

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Quote from: jangloos on January 14, 2016, 09:11:35 AM

I am using online wallet for all my needs so whenever I feel need to place some bets simply send from my wallet.There is no need of separate wallet if you can have control on yourself.

most people do not use a separate wallet, perhaps because it is more complicated,
the wallet is enough
to bankroll I think every site is different, I use more bankroll to play at dice

bitcoinprofit

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Quote from: UnknownUsername on January 08, 2016, 03:00:38 PM

i only gamble .001 trying to build it up to .1BTC via betting in sports.

I am in positive profits for now Grin

Proof?

neochiny

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Crypto.games

-Do you have a separate wallet just for gambling?
separate wallet? yes, i do have an separate online wallet,
im using coinbase or xapo for gambling.
-Do you have a daily limit on your bankroll?

I do have a daily limit before, like 10 mbtc to 100 mbtc
but i usually just cannot do it right. because if I lose,
I almost always go for more. I just cant control myself.. Tongue

bitcoinprofit

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Quote from: NorrisK on January 08, 2016, 03:17:58 PM

You should start betting with a certain percentage of your bankroll.

Say you bet 0,01% of your total bankroll in each bet. This means that as you win or lose, your bet size increases or decreases.

Using a strategy like this makes sure that you never go bankrupt, as you always only bet a percentage instead of a fixed amount.

Great point.
Some wager 3 - 8% of bankroll

shogdite

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Quote from: zeaderza on January 14, 2016, 05:21:04 PM

My daily bankroll limit is 5 mbtc.
I try to make profit every day.
I hope in the future to allow a larger amount.

That is good having a low limit but is that a low limit for you? The problem i see there is that you keep trying to make profit everyday? For how long have you tried this? Hopefully you wake up before getting a larger amount and blowing it in future.

zeaderza

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My daily bankroll limit is 5 mbtc.
I try to make profit every day.
I hope in the future to allow a larger amount.

takingthis4

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my daily bankroll limit that i have when i play poker is 0.03 bitcoins, if i lose that much money i am done for that day and wait for another try after a few hours

makingwin1

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i play always without any limits if i want to gamble a lot i can spend vast amounts of money on that and no one would probably stop me

susila_bai

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my daily bankroll limit is 0.3btc which win or loss i wont exceed it, ya but if i won double i will close for that day and take rest balance day with my family.

dinda22

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Quote from: POM on January 08, 2016, 02:48:17 PM

-Do you have a separate wallet just for gambling?

Yes i have a special wallet to play gambling.

Quote from: POM on January 08, 2016, 02:48:17 PM

-Do you have a daily limit on your bankroll?

My limit is around 0.01-0.05BTC and that is my daily bankroll limit.

Freaks

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I have very low budget for gambling and mostly play on onchain game where i can play at any time without to make any deposit.

thejaytiesto

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Quote from: Betwrong on January 14, 2016, 09:01:15 AM

Quote from: POM on January 08, 2016, 02:48:17 PM

-Do you have a separate wallet just for gambling?
-Do you have a daily limit on your bankroll?

I usually have from 0.8BTC to 1BTC in a dedicated electrum wallet and transfer out all my winnings out to my cold wallet and keep it at 1BTC

Looking to hear others bankroll management.

I don't have a separate wallet just for gambling and that is exactly because I do have a daily limit which is 0.01 BTC. Most of the time I gamble even less than that because to lose 0.01 BTC is something I can't be happy with. Yeah, I almost never win in the end so it is better for me to gamble 0.001 BTC which I do often.

This type of bankroll management allows me to have fun with gambling not losing much.

I think a good idea is to limit your yearly investment to only 0.1. Anything more and it's just too much unless you are already rich enough that you can be risking money in stupid ways. Gambling is for fun, trying to gamble big time is suicidal, unless you are pretty wealthy. Sometimes its nice to go crazy and do a bigger gamble, but only once a year tops.

crytoboost

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It depends on my gambling needs what i have feelings about my day it is not fixed sometimes i gambled with a lot of coins and sometime don't play any any casino.

DeathAngel

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Mine differs depending on how my finances are at different times, I don't have a set limit.

jangloos

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I am using online wallet for all my needs so whenever I feel need to place some bets simply send from my wallet.There is no need of separate wallet if you can have control on yourself.

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