Topic: Winning Wisely: Strategies to Protect Your Bankroll - page 12. (Read 2021 times)

Gambling is not a paradise for profits, but if we are determined to get big wins in gambling and get big profits from the gambling we play, then what we need to do is to make the most of the winnings as business capital, for example, or you can invest. the money and part of it is saved to answer urgent needs. You need to do these things to prevent your money from going back to gambling in its entirety so that the money cannot be utilized as well as possible and you cannot enjoy it for anything other than gambling.

Logically, Martingale never works in the long-term just like any other gambling strategy out there thanks to the house edge. It does work only in the short-term though it's still not recommended since it's a negative progression strategy.

It's a classic strategy to help the house win again and again(Not the gamblers) frankly speaking.

Martingale is dangerous because it requires a significant bankroll to keep you going in case of a series of losses in a row. If you aren't lucky, you'll have to give up and leave empty-handed even if you bet on something where the odds are close to 50/50 like Odd/Even on roulette. Another danger is that the next time you have to double the money to continue the streak, it will be an amount that exceeds the casino's maximum betting limit. 

What is required for this strategy to succeed in the first place is utmost and unwavering discipline. That is something that most gamblers do not have, and do not really want. At least in my experience. People gamble just for the hell of it and they have this small tiny hope that they will walk away much richer than when they entered the casino. Of course it's just in the nature of gambling games to make you forget about how risky it is and how much money you can lose. Thats really what the loud music and flashy game-play is for. To distract you a little from reality.

Gamblers that uses the martingale strategy to gamble do fall victim against this piece of advise, as they intend to increasing their wagering amount upon each bet that's how they gradually clear their bankroll with each bet loss while trying to recover all the losses through just one win in all.

Because it's a bankroll doesn't mean you'll have to squander it all in a day. Part of applying financial management in gambling is also in when a gambler is quick to realize when he's making too many loss for the day that he has got to stop and  try again another day, because that day may not just be his lucky day as a continuous loss chasing can make you gamble beyond the amount you initially kept as your bankroll. Learning to know when to quit for the day isn't a show of weakness.

I think the whole difference of gambling continuously whilst having a losing streak and also increase the stake depends on the player and whether they are addict who has enough bankroll to increase his stake. Addicts usually don't focus on their losses at least not when they still have some bankroll to deep in for more multiplier to win back their losses. Does gamblers who focus on their losses are those with low bankroll and the regular gambler. An addict focus is the winning that can come in the midst of losing that is why they don't give up easily but to even increase their stakes to scoop their losses, it is all about target for the addicts.

It's damn simple.
Never go to a casino with 100% of your bankroll, only take what you can afford to lose DURING THAT SESSION.
Never play above a fixed bet so to have something left to play more, and read it carefully, I said "to play more", not "recover it back". If you will go with a mentality to recover your losses, you'll definitely either deposit more or just play till the last cent of your bankroll is left on your account to try and recover, and then mess up everything by losing it all because you lose your control and go for unnecessary big bets.

The martingale method may apply if we bet on sports betting and cards. Because at least we have analysis and predictions that don't just rely on luck, but also predictive analysis that can support victory when betting. Whereas in other games such as lottery and slots, I believe this cannot be implemented. Remembering that winning is random, often in 10+ spins, we never get a win even for once. Also if we can win, we could win only 50% or lower than the bet we made. So, don't try to apply martingale to gambling that only relies on luck.

I don't see much point in using a bankroll for casino games, which are EV-. If you are going to play for fun, it doesn't matter whether you have a bankroll or not. I would see more sense if you do it to make what you have last longer by lowering the bet amount as your bankroll goes down.

In poker if you want to make a profit it is fundamental. And that you know how to respect the bankroll management to go up as well as to go down. There are more or less aggressive managements that you can use depending on the modality, your experience and risk tolerance but there are some minimum bankroll management that must be respected to avoid bankruptcy.

Knowing this makes us be more careful when gambling and not exceed our set limits. Maybe that's something we should always remember because only by doing that can we still enjoy gambling and won't gamble excessively like other people. But it is very rare to find a gambler who has experienced a fairly large losing streak but can get his big win by getting bigger money than the previous loss. Most gamblers experience losses much greater than their wins, so it would be better if they could stop gambling for a while to calm down and accept their losses. Indeed, some gamblers can get big wins after suffering quite big losses, and we know that.

However, gamblers who use the martingale strategy must remain careful because it will not always work for them. The capital they use will also be greater than before, while the losses will also be greater. So they have to measure their financial capabilities so they don't spend much money on gambling.

Yes, setting a budget for gambling is what we have to do so that we don't exceed the limits and we can be on the right path in gambling. And we can also prevent losses that might be even bigger. We must remember that gambling is not a place to make money. The casino will always win and earn big money. If we can win, that is a bonus we should be grateful for.

Usually, if a gambler increases his bet because he lost, he uses the martingale strategy because that is the only strategy that novice gamblers usually use to recover from their losses, but in the end, this method will also be defeated by consecutive losses, especially since you have to have large enough capital to carry out this strategy. because if you use small capital it will be very difficult.

Actually, the correct way is to set a budget for gambling so that it does not exceed the budget limit provided, sometimes people feel that it is not important even though it is very important to make it an alarm, if we can limit the budget of course we can also determine the number of bets that we can play at a time. gamble. always remember that the dealer will always win, don't be focused and ambitious about winning big money, enjoy the game and consider winning as a bonus

Although I like the idea of this strategy but the only problem is the patience and self control to maintain small bets while you are holding huge bankroll. It’s like a dam that you are only using a small hole to release water but until how long you can endure doing it with the presence of temptation to bet higher?  

Yeah, there’s no working strategy but the general rule is make your gambling short as much as possible. Not by doing all in but rather splitting your bankroll on significant sizes hoping that you will hit early win streak since playing longer will surely make you lose due to the house edge of the casino in every game.

This is something that should really be that gamblers should really be thinking on on the time that they would really be dealing or playing with gambling. Dont believe or put up something into your mind about on having those kind of patterns because just like been said that there's no such thing about patterns because every results would really be that random. This is why timing is something that significant on the time you do hit up some big wins because it doesnt really happen often or really that common. This is why it would really be just that wise on calling it a day and would completely be stopping and wont really be tending to play further because the most common mistake on which gamblers do commit is that they do become greedy on the time that they do experience winning.

Strategies? Just dont make yourself go beyond your limitations then you should really be just fine. The main issue on where people do really fail to follow is that they do really have those kind of insights or beliefs into their mind that winning would really be just that easy until the reality would be slapping out into their faces then this is where learning would come next in line.
Gambling is for fun, and its better to deal up with sites or platforms which are really that known or long time running before you would really be able to make some deposit
so that you would really be that confident on what you are dealing with.

Well, this is not something you can just conclude because because its like a coin with two sides, for some, they indeed might experience a long losing streak but when luck hits, they end up winning an amount of money that is far greater than what ever amount the gambler have spent while losing. at least, I have seen this happen with several gamblers, most especially in slot or casino games when the gambler luckily get a very nice multiplier.

And concerning the adage that we should only gamble with the amount of money we can afford to lose, this is one major rule every gambler must adhere to and obey, its very important not to over gamble no matter the reason for our gambling, for I personally know that, majority of gamblers out there do gamble solely for the purpose of winning money I return, while its just a very number of gambler that actually gamble for the fun of it.

When gambling, we need good self-control so as not to spend too much, and we already know the adage of only using the money we can afford. If you have experienced a losing streak, you should stop because it can affect your emotions. Later, you will not be able to stop before you win. But even though you win, you still lose because if you count everything, you will see that the amount you lose will be greater than the wins you have obtained.

Determining the betting amount is something every gambler needs to pay attention to. If you start betting with small money, use it every time you bet and don't increase your bets just because you lose. But if you experience a losing streak, you are not having good luck, so you have to stop first.

It's fine to win and that's why we all gamble, fun just add to the taste so as to feel at home and relax when gambling, the truth about gambling is to never see it as an opportunity to get rich, you need to accept that gambling is all about losing today and winning tomorrow,  vice versa,  and that's luck.

You fool yourself the instant you believe that you will always be lucky, there is no being created in such a way, luck have it's days and so iarelosses, good and bad or evil is also how this world was created, meaning you can't keep getting the same answers or results always, so buckle yourself up and take gambling with a pinch of salt.

Believe in yourself and your dreams, this advice is best suited for your life goals and skills in the real world, not gambling, some people will advice you to give your best shot, not on gambling my Friend, use your gut and might on something else, not on gambling.

of all ways that we can make money from, gambling should be treated with the less attention and it also doesn't deserve most of your money, I don't use anything more than $40 for gambling and only a few times in a week, some times I decide to stay away because I don't have enough money for my needful, be smart and stop enriching casinos.

If all bets are unique and random, gamblers should not be able to get long losing streaks and then bet, based on that pattern. The outcome of bets are determined by a client seed and a server seed and the RNG... so there should not be any clear pattern.

The number #1 rule should be not to look for patterns and the number #2 rule should be not to chase losses. Stay calm, wait for the RTP to payout and just hope you are lucky enough that it is a big one. 

You have come up with a good guide and i think it will be helpful to alot of people but this kind of post and tips have been posted here on several occasions so my advice is to make research before posting anything on the forum so you don’t get accused of spamming.

Gambling is all about luck but some gamblers don’t understand this, after losing so much they would not want to stop betting they will think they have gone too far to stop now not knowing that pausing for a while is for the best.

This has really caused a lot of gamblers to lose money because no one wants to end up losing so after experiencing a streak of losses they will not want to give up, they will think when they stop at that time they have lost to the casino and want to win back their money so they will become greedy to pause immediately they will keep playing and at this time it doesn’t often end well. Gamblers should take note of this times and learn to stop immediately when experiencing a streak of losses.

These two are the major challenges gamblers face and this challenges are difficult to overcome. When you gamble every now and then greed will slowly get into you and when you bet casually fear would be your major obstacle. Gamblers should never let their emotions get in the way when gambling because it doesn’t always end well when our emotions take control.

No one knows when they can have luck and what kind of luck will come but at least here from what you said there is some truth in it that it is better to use relatively small amounts of money that you can receive if you lose it but on the other hand when you have won you have to stop never think about getting something bigger because that will be threat to lose more money and luck will only come once so forget about that bigger win.

In the past I had an experience like that and after feeling what the risks were now better thinking is priority for the purpose of remaining stable in maintaining finances and also mental health which might be disturbed if you have made many detrimental mistakes.

No strategy works the second time. I am saying this from my own experience. Moreover the need strategies to control our emotions. We can’t control how we place the bets. Gambling is a game of luck. Hence no matter what strategy or plan you use, if your luck is not good, then you will end up in losses only. The best thing you can do is just maintaining a high bankroll and then bet with small amounts.