What is your daily bankroll limit? - page 8.

Junko

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Quote

-Do you have a separate wallet just for gambling?

Yes, my gambling wallet I named, 401G

Quote

-Do you have a daily limit on your bankroll?

Yes. I play poker and my stop loss limit is 5 buy-ins. After I lose a net 5-buy ins, I shut it down.

And to the earlier poster who said they use coinbase as their gambling wallet, be careful with that as it is prohibited. They've been known to close/block people's accounts for gambling.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Do you have a separate wallet just for gambling?
Kind of, it is a separate wallet, but not only for gambling, it's for unplanned expences, but mostly it ends up as a deposit of some kind.

Do you have a daily limit on your bankroll?
Ofcourse, but it's not exact amount as i try not to play on with more than a weeks pay and other earnings combined. I try not to place higher
bets, but even when i fail in doing so, i don't go over 0.5 btc for a day. I consider gambling as enternainment of some sort, don't want for it
to become a burden one day.

Ruzka

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Activity: 826

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Quote from: designerusa on January 08, 2016, 06:01:14 PM

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.

today, i overstepped and i lost 1 btc. normally,my limit is 0.5btc per day.

Unlucky on that kind of loss you must have a big bankroll to be able to gamble 0.5btc a day!
That is a lot to me and maybe once a month I would even think about that amount.
What type of gambling do you do if you don't mind me asking?
Also do you gamble everyday yea?

Lutzow

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Activity: 728

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I don't use a separate wallet. All my coins are kept in a single one. I don't amble everyday but when I domay max bankroll is 0.05 btc. I amnot that rich so Ican't afford to loose big so I keep it low. Grin

diodio5

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Activity: 490

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usually the gambler didnt wear a special wallet, but he made a bankroll as would only gamble with 0.1 btc
but I'm sure when bankrollnya runs out, they will take the money in the main wallet and gamble again

Tavos

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fastdice.com The Worlds Fastest Bitcoin Dice

I don't really have a "hard" limit that I have for my self. I usually start with a small amount (around 1mbtc) and don't really care if I lose, though sometimes I cashout early and profit

And no, I don't have a separate wallet for gambling.

designerusa

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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.

today, i overstepped and i lost 1 btc. normally,my limit is 0.5btc per day.

lolgato

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Activity: 126

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No I don't have a separate wallet for gambling as I just use the website as my balance always goes back to zero Grin

.
My limits are usually 0.05-0.1 I never bet for than 0.1

doublemore

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Activity: 546

Merit: 500

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.

When i used to play poker quite seriously the whole poker bankroll was different from the money i needed in life. The only method i used was money in the cashier = poker, money withdraw from cashier = life money. Worked pretty well. When you have an edge on betting its not such a worry if you play the same stake consistantly.

Financial_Genius

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Activity: 364

Merit: 250

Yes , I have a separate wallet for gambling . And my daily limit for gambling around 0.1 - 0.15 BTC , or 300 k - 500k Doge.

Raimonn

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Yes, I have a separate wallet for gambling. I think its more safe to not mix the savings with the money to gamble. If not its possible to loose all the bitcoins. And my daily limit for gambling is low normaly 0.05 btc but can be higher i gamble with sports bets.

Ruzka

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Activity: 826

Merit: 1000

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 for gambling. I used to have a separate wallet quite awhile back when I used to gamble more than I should. Now I just transfer a dedicated amount to a site and take it from there.
I don't have a daily limit as I don't play every day but I do limit myself to under 0.5btc when I do play.
You have a fair amount stashed away in a dedicated wallet for gambling.
Would you refill it if the wallet ran low or empty?

Patatas

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Providing AI/ChatGpt Services - PM!

Fortunately most of the sites I bet with are based on MoneyPot.So I don't really have to maintain a special wallet.Bank roll starts with 0.01 btc for dice games and 0.05 for slots .The winnings are again transferred to the moneypot.

NorrisK

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Activity: 1946

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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.

RealPhotoshoper

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Quote from: edmundduke on January 08, 2016, 03:07:49 PM

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.

Well i dont really have a wallet for gambling, i use one wallet for trading and the other for everything else. Most of the coin is spread around on exchanges and altcoins tho, got to keep trading lol. I understand why some people would use a dedicated gambling wallet but i never found it very useful for myself.

so do i , did not create a special wallet for gambling, i do gamble occasionally once a week just try to find my luck on sports parlay.
i did not gamble daily it's weekly and maximum bet amount in a week 0.1 only half for sports parlay and the rest for playing game in casino.
so far i manage 1.6 bitcoin and just started gamble from a few months ago, i pretty enjoying current profit don't know if i get negative but i hope it wouldn't happened to me.

edmundduke

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Activity: 1624

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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.

Well i dont really have a wallet for gambling, i use one wallet for trading and the other for everything else. Most of the coin is spread around on exchanges and altcoins tho, got to keep trading lol. I understand why some people would use a dedicated gambling wallet but i never found it very useful for myself.

eternalgloom

legendary

Activity: 1792

Merit: 1283

- Do you have a separate wallet just for gambling?
No, but I do have a few different wallets that I use for gambling and various other internet purchases. And also cold storage for my big wins and Bitcoin savings.

- Do you have a daily limit on your bankroll?
More like a weekly limit, I do not gamble every day.
My weekly limit is around 0.05 BTC, not too much I think

UnknownUsername

full member

Activity: 224

Merit: 100

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

I am in positive profits for now Grin

brituspol

sr. member

Activity: 458

Merit: 250

From nothing to nothing

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

-Do you have a separate wallet just for gambling?

Nope coinbase all the way

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

-Do you have a daily limit on your bankroll?

Nope, once I decide to gamble, I start with a small amount like 1 MBTC or something similar but in the end , get back to zero. Good thing I do cash out most of the BTC I make into USD

POM

sr. member

Activity: 547

Merit: 254

-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.

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