Pages:
Author

Topic: You'll be a discipline gambler in sports if you have a real bankroll. (Read 1149 times)

hero member
Activity: 2730
Merit: 632
Do you believe that you will be more disciplined in sports betting if you have a dedicated bankroll?

According to the article I read, when you gamble without a proper bankroll, you are likely to make mistakes. One of the main errors is chasing losses because you are using money not intended for gambling, such as funds meant for paying bills and rent.

Let's consider an example:

Suppose you have a monthly salary of $500, and you can only afford to gamble $50, which is 10% of your salary. This $50 should ideally last for one month of gambling. However, if you don't treat it as your bankroll and believe you can replenish it from your salary when you lose, you are likely to lose focus. This may lead you to use funds that are meant for your basic needs.

So the question is, can you manage with $50 as your total monthly bankroll, or would you rather increase it and risk losing money that is not meant for such purposes?
Not really just that on being a bettor on sports but also in gambling activity in overall on which you would really be needing up that kind of control when it comes on handling up your bankroll on which we know that this is something that will really be relevant on the moment that you would really be doing such betting or playing on casino games on which on the moment that you've seen your money is depleting then never ever tend to
make further deposits specially on the time that you had busted it all. The main wrong thing on what gamblers or bettors do is that they do chase up those loses and this is where they would have experienced those common situations on where gamblers do really experience is that they do wrecked up themselves because of that non controlled emotion and spending towards gambling. Bankroll management would really be that crucial on this case and if you are really that liking or wanting for your gambling session to be more lot longer then dont make those all in kind of betting on which you will really be having that kind of all in behavior.

When dealing up with gambling or betting then it will really be something a global rule on having that spending on the amount on which you can afford to lose as always. Never ever make yourself that becoming impulsive
when it comes on spending with your bankroll because on the moment that you do have that kind of greed and chasing losses kind of behavior or approach then you will really be that losing even more without
having that kind of self awareness not until you would be losing it all and much more amount.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
~snip~
That is the way it should be, but many gamblers do not do anything even remotely close to that, since they have no experience following a budget and they are not going to begin doing this when they gamble, which is a shame, as setting a money and time limit are some of the most basic measures we can take so we do not develop a gambling problem, and if people did that, I am sure that a great deal of people that become addicted will never do so.
But what I will say about everything you are talking about is that someone who has limits and good budget management is not necessarily able to really keep all of those commitments.
As in certain conditions when someone has had series of defeats but they have great confidence in their ability and luck that can bring victory, conditions like this can make gamblers forget about budget limits in gambling.
Not everyone will be able to think well in certain conditions, another thing to think about is the approach in responding to each result of gambling.
For example, when someone gambles and gets series of defeats, they will think that maybe luck has really not been on their side and if they continue, the result will also be the same, namely defeat, from here they can decide to stop and rest.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
Do you believe that you will be more disciplined in sports betting if you have a dedicated bankroll?

According to the article I read, when you gamble without a proper bankroll, you are likely to make mistakes. One of the main errors is chasing losses because you are using money not intended for gambling, such as funds meant for paying bills and rent.

Let's consider an example:

Suppose you have a monthly salary of $500, and you can only afford to gamble $50, which is 10% of your salary. This $50 should ideally last for one month of gambling. However, if you don't treat it as your bankroll and believe you can replenish it from your salary when you lose, you are likely to lose focus. This may lead you to use funds that are meant for your basic needs.

So the question is, can you manage with $50 as your total monthly bankroll, or would you rather increase it and risk losing money that is not meant for such purposes?
Have done this after a very bad gambling addiction problem and I must say, it feels really good to always have money that I could play with that I don't have to take out of the main budget and starve myself to death until the next paycheck comes. I get paid a little high for the average bloke, so I am able to keep at least a grand in there which is usually good for 3 months or so, since I don't really gamble that much anymore, only when I feel the need or if I want to unwind and there's not much else to do.

I also incorporated some conditions I need to meet for the session so I am able to replenish or save whatever's left of my gambling bankroll at times, matter of fact it's been a couple months now and I still am sitting at a pretty good amount in my bankroll.

So yeah, setting up a bankroll is good for everyone, not just for those who have experienced gambling addiction. I suggest everyone to have it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Gambling with only a small amount like 1 - 5% is always recommended, this is the best idea to prevent losing too much money and of course it is the best approach in gambling, for me discipline is when you can always act according to your initial planning, and I would say that betting with only a small amount is not enough, because they could be betting without putting a time limit.

This means that a plan to bet with a small amount must be accompanied by a time limit, because it is useless for you to bet with a small amount if you do not have a time limit where you might gamble too often which in the end will make you lose a large amount of money. This means that having the idea of ​​betting with a small amount must be accompanied by a time limit, and when you are able to always be disciplined with such planning and approach in the sense of maintaining it in the long term, then that is the best that can keep you safe and avoid the possibility of losing a large amount.
That is the way it should be, but many gamblers do not do anything even remotely close to that, since they have no experience following a budget and they are not going to begin doing this when they gamble, which is a shame, as setting a money and time limit are some of the most basic measures we can take so we do not develop a gambling problem, and if people did that, I am sure that a great deal of people that become addicted will never do so.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook

A responsible gambler needs to be able to manage it. But out of $500, the recommended among to gamble with should be 1% which is just $5. For me I can go for maximum of 5% which is $25.

Yes I can be able to gamble with the money and not go beyond. Sometimes I can win more than lose. Not that I also go all in all. You can decide to use just $0.5 in every game that you play and you can not loss the whole $25 fifty times consecutively. That is not possible.


Yeah this makes sense to me alot better,as a gambler inorder to be discipline doesn't necessarily mean you should have a real bank roll but being able to gamble at your lowest inorder not to generate losses is what makes one a discipline gambler and then sports is a widespread avenue that makes gambling more fun and profitable.
.
So definitely your idea of gambling with  1% is perfect for me and sure will be of great importance to everyone that choose to be discipline in gambling.

Gambling with only a small amount like 1 - 5% is always recommended, this is the best idea to prevent losing too much money and of course it is the best approach in gambling, for me discipline is when you can always act according to your initial planning, and I would say that betting with only a small amount is not enough, because they could be betting without putting a time limit.

This means that a plan to bet with a small amount must be accompanied by a time limit, because it is useless for you to bet with a small amount if you do not have a time limit where you might gamble too often which in the end will make you lose a large amount of money. This means that having the idea of ​​betting with a small amount must be accompanied by a time limit, and when you are able to always be disciplined with such planning and approach in the sense of maintaining it in the long term, then that is the best that can keep you safe and avoid the possibility of losing a large amount.
Set a particular % and stick into it specially if you do really want to make those multiple bets then you should really be strict into this kind of approach specially on allocating certain amounts per bet.
Whereas, there would really be those instances on which you would be making out some all in bet or all of those capital on a single bet specially on the time that you would really be that so sure into that
particular choice on which this is really that common for most bettors and even myself could really be able to hardly resist when the time comes. There are really moments or times on which you would really be having this kind of emotion. Being discipline on the field of gambling or betting would really be that hard. Real experience would really be the ones will really be teaching you up on what are the things that you should gonna do.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform

A responsible gambler needs to be able to manage it. But out of $500, the recommended among to gamble with should be 1% which is just $5. For me I can go for maximum of 5% which is $25.

Yes I can be able to gamble with the money and not go beyond. Sometimes I can win more than lose. Not that I also go all in all. You can decide to use just $0.5 in every game that you play and you can not loss the whole $25 fifty times consecutively. That is not possible.


Yeah this makes sense to me alot better,as a gambler inorder to be discipline doesn't necessarily mean you should have a real bank roll but being able to gamble at your lowest inorder not to generate losses is what makes one a discipline gambler and then sports is a widespread avenue that makes gambling more fun and profitable.
.
So definitely your idea of gambling with  1% is perfect for me and sure will be of great importance to everyone that choose to be discipline in gambling.

Gambling with only a small amount like 1 - 5% is always recommended, this is the best idea to prevent losing too much money and of course it is the best approach in gambling, for me discipline is when you can always act according to your initial planning, and I would say that betting with only a small amount is not enough, because they could be betting without putting a time limit.

This means that a plan to bet with a small amount must be accompanied by a time limit, because it is useless for you to bet with a small amount if you do not have a time limit where you might gamble too often which in the end will make you lose a large amount of money. This means that having the idea of ​​betting with a small amount must be accompanied by a time limit, and when you are able to always be disciplined with such planning and approach in the sense of maintaining it in the long term, then that is the best that can keep you safe and avoid the possibility of losing a large amount.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
So the question is, can you manage with $50 as your total monthly bankroll, or would you rather increase it and risk losing money that is not meant for such purposes?
A responsible gambler needs to be able to manage it. But out of $500, the recommended among to gamble with should be 1% which is just $5. For me I can go for maximum of 5% which is $25.

Yes I can be able to gamble with the money and not go beyond. Sometimes I can win more than lose. Not that I also go all in all. You can decide to use just $0.5 in every game that you play and you can not loss the whole $25 fifty times consecutively. That is not possible.


Yeah this makes sense to me alot better,as a gambler inorder to be discipline doesn't necessarily mean you should have a real bank roll but being able to gamble at your lowest inorder not to generate losses is what makes one a discipline gambler and then sports is a widespread avenue that makes gambling more fun and profitable.
.
So definitely your idea of gambling with  1% is perfect for me and sure will be of great importance to everyone that choose to be discipline in gambling.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform

Here, a strict framework is required, because without them, the player's bets can continue indefinitely. Almost everyone will remember how he placed bet after bet, which lost and in the end the player could not stop until he lost everything to the last cent. Of course, a real bankroll and understanding will help the player to be more responsible in the game, not making large bets. In fact, it does not even matter that our bankroll is $ 50, even if it is $ 10, despite this we must observe money management, otherwise we will eventually lose and it will be just a matter of time.
Indeed, it is about money management and gambling plans, as everyone can afford to spend $50 or 1% of their monthly income without compromising the 99% left. If we are gambling just for fun, it is not necessary that we spend a lot to be happy, but to say that this amount (1%) is enough already to enjoy the day. But it is too unfortunate that the situation isn't looking that way as more and more gamblers become addicted and consider gambling their hobby, leading them to spend more, which is far from the allocated amount. 

The wrong gambling approach makes a gambler irresponsible, and it is not good to see that this leads to compromising our finances. 
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
So many gamblers do keep records and that is why they are not able to track winnings and losses to know whether things are really working for us or not.
Or do you mean to say that they're not keeping records?

I agree that if that is so having records on how much you're spending is going to help you sort out how much you're winning and losing.

I do not think though that gamblers are keeping records of their win and loss. And for sure you don't want to look at it when you know by heart that you are in the negative. So it might be better off if we are not going to keep tabs of everything.
Not all but there were some that they really does. I've seen some members of the forum that do keep records of both.

They're not emotional gamblers and they remain to be still when they look at those records no matter how good or bad they are.

You are not obliged to recover all of them but you have an idea of how much you are spending by that time. Having an exact amount to be spent on a month, IMHO is a good idea to control our behavior towards gambling and also our spending habits.

That's what I'm seeing, in your mind, you have the mental picture of how much you are might have lost least say in a given day or week. And then you work from that when ever you come and go gamble again. At least a ball park number in your mind and so you know how much you need to at least win.
Yeah, just trying to remain updated on how much you're winning and losing and there's nothing wrong with that.

It's depending on our preferences.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
Yes, I hope many gamblers are using this kind of strategy so that they can save themselves from getting broke in the future. Most gambling sites have offers like bonuses and rakeback now so let's use that while we are wagering our hard-earned money.
That is the reason why now I am not focused on getting the jackpot. I just keep on trying to wager more and see if I could win by using their bonus features and other VIP promos. I just keep on wagering an amount that I can afford to lose and see to it that it will last so long so that I can win through different options.
Let's face it, getting a high multiplier is so damn difficult so might as well take the less risky games or just bet the minimum and prolong the battle.

Based on experience, You can’t win against the casino by relying only on rakeback and other VIP rewards since it’s just a small percentage on the game house edge which is very small amount compared to the losses you can possibly get by wagering.

You best chance to get profit by participating on casino tournaments and avail special bonuses which they frequently offer through email like deposit bonus, free spin, and etc. Rakeback is just too small rewards to rely on but it’s good extra money to recover some of your losses but not the point that it can help you to get an advantage against casino because it’s really small percentage based on your wager.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
So many gamblers do keep records and that is why they are not able to track winnings and losses to know whether things are really working for us or not.
Or do you mean to say that they're not keeping records?

I agree that if that is so having records on how much you're spending is going to help you sort out how much you're winning and losing.

You are not obliged to recover all of them but you have an idea of how much you are spending by that time. Having an exact amount to be spent on a month, IMHO is a good idea to control our behavior towards gambling and also our spending habits.
Yes, I hope many gamblers are using this kind of strategy so that they can save themselves from getting broke in the future. Most gambling sites have offers like bonuses and rakeback now so let's use that while we are wagering our hard-earned money.
That is the reason why now I am not focused on getting the jackpot. I just keep on trying to wager more and see if I could win by using their bonus features and other VIP promos. I just keep on wagering an amount that I can afford to lose and see to it that it will last so long so that I can win through different options.
Let's face it, getting a high multiplier is so damn difficult so might as well take the less risky games or just bet the minimum and prolong the battle.
hero member
Activity: 896
Merit: 586
Leading Crypto Sports Betting & Casino Platform
So many gamblers do keep records and that is why they are not able to track winnings and losses to know whether things are really working for us or not.
Or do you mean to say that they're not keeping records?

I agree that if that is so having records on how much you're spending is going to help you sort out how much you're winning and losing.

You are not obliged to recover all of them but you have an idea of how much you are spending by that time. Having an exact amount to be spent on a month, IMHO is a good idea to control our behavior towards gambling and also our spending habits.
Yea, it saves one from gambling more than his assigned budget and that will help you control your emotions and limit the risk in gambling because once you have exhausted the amount budgeted, you will stop gambling.

It also helps to discipline to gambler because if you keep on practicing it consistently whenever you are gambling, you will get use to it and enjoy the fun more. Financial planning is very important in all aspect of life because it enables us not to spend more than what we have budgeted.
sr. member
Activity: 938
Merit: 303
Do you believe that you will be more disciplined in sports betting if you have a dedicated bankroll?

According to the article I read, when you gamble without a proper bankroll, you are likely to make mistakes. One of the main errors is chasing losses because you are using money not intended for gambling, such as funds meant for paying bills and rent.

Let's consider an example:

Suppose you have a monthly salary of $500, and you can only afford to gamble $50, which is 10% of your salary. This $50 should ideally last for one month of gambling. However, if you don't treat it as your bankroll and believe you can replenish it from your salary when you lose, you are likely to lose focus. This may lead you to use funds that are meant for your basic needs.

So the question is, can you manage with $50 as your total monthly bankroll, or would you rather increase it and risk losing money that is not meant for such purposes?

         -      I think that if your salary is like that as an employee and you are a gambler, then you earn 500 dollars and allocate 10% to the casino. If you are a disciplined person, you can allocate 12.5 dollars to gambling every week, or if you do it twice a month, it's 25 dollars. You can practice the self-discipline called being a gambler in the casino.

In this way, you also get used to the so-called limits of your gambling. Maybe every week that comes in a month, it is impossible that all those days you will always lose, but there is always a chance that you will win.
hero member
Activity: 910
Merit: 636
Do you believe that you will be more disciplined in sports betting if you have a dedicated bankroll?

According to the article I read, when you gamble without a proper bankroll, you are likely to make mistakes. One of the main errors is chasing losses because you are using money not intended for gambling, such as funds meant for paying bills and rent.

Let's consider an example:

Suppose you have a monthly salary of $500, and you can only afford to gamble $50, which is 10% of your salary. This $50 should ideally last for one month of gambling. However, if you don't treat it as your bankroll and believe you can replenish it from your salary when you lose, you are likely to lose focus. This may lead you to use funds that are meant for your basic needs.

So the question is, can you manage with $50 as your total monthly bankroll, or would you rather increase it and risk losing money that is not meant for such purposes?
Here, a strict framework is required, because without them, the player's bets can continue indefinitely. Almost everyone will remember how he placed bet after bet, which lost and in the end the player could not stop until he lost everything to the last cent. Of course, a real bankroll and understanding will help the player to be more responsible in the game, not making large bets. In fact, it does not even matter that our bankroll is $ 50, even if it is $ 10, despite this we must observe money management, otherwise we will eventually lose and it will be just a matter of time.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
So many gamblers do keep records and that is why they are not able to track winnings and losses to know whether things are really working for us or not.
Or do you mean to say that they're not keeping records?

I agree that if that is so having records on how much you're spending is going to help you sort out how much you're winning and losing.

You are not obliged to recover all of them but you have an idea of how much you are spending by that time. Having an exact amount to be spent on a month, IMHO is a good idea to control our behavior towards gambling and also our spending habits.
Having records in betting will help someone to know how much money he already used. If he can see how much money he lose in gambling, he will try to reduce his lose by limiting his money to playing gambling. He knows that gambling will not gives the money easily so no matter if he try, he will still difficult to wins. If you discipline with your gambling activity, you will not break your own rules and will stick to that as you know that gambling is just part of the fun.

No matter if you are a gambler in sports or in casino games, you will always strict with your rules and limiting your funds. You don't want to lose much money by playing gambling because that is not worth to do in gambling. We can difficult to recover our lose money but we can prevents our lose not to becomes bigger so we will choose that way and still trying to control ourselves when playing gambling.
hero member
Activity: 2632
Merit: 833
So many gamblers do keep records and that is why they are not able to track winnings and losses to know whether things are really working for us or not.
Or do you mean to say that they're not keeping records?

I agree that if that is so having records on how much you're spending is going to help you sort out how much you're winning and losing.

I do not think though that gamblers are keeping records of their win and loss. And for sure you don't want to look at it when you know by heart that you are in the negative. So it might be better off if we are not going to keep tabs of everything.

You are not obliged to recover all of them but you have an idea of how much you are spending by that time. Having an exact amount to be spent on a month, IMHO is a good idea to control our behavior towards gambling and also our spending habits.

That's what I'm seeing, in your mind, you have the mental picture of how much you are might have lost least say in a given day or week. And then you work from that when ever you come and go gamble again. At least a ball park number in your mind and so you know how much you need to at least win.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
So many gamblers do keep records and that is why they are not able to track winnings and losses to know whether things are really working for us or not.
Or do you mean to say that they're not keeping records?

I agree that if that is so having records on how much you're spending is going to help you sort out how much you're winning and losing.

You are not obliged to recover all of them but you have an idea of how much you are spending by that time. Having an exact amount to be spent on a month, IMHO is a good idea to control our behavior towards gambling and also our spending habits.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I think OP is right. I've seen most of gamblers who gamble, don't have any real bankroll. They do gambling to increase their money for their basic requirements as well as others thing that they wanna have. That's why they might be less focused, less disciplined and have more hunger for money rather than making gambling properly. But when a Gambler have enough money, i mean a real bankroll, then he doesn't need to think about any other things, no need to worry about rent or basic needs as op mentioned already. So he can be more focus of course. although there are some exception too. Some people will never changed, no matter how much they have! They always want more and keep staking more amounts for more earning which could be drive them to become loser at the end
Yea, op is quite right and there is need for we gamblers to examine ourselves once again to know what we are really doing comparing our losses to the winnings we have had since all these while. This is why it is good for us to always do record keeping of all our gambling activities. This will help us to know where we are doing it right and where we are doing it wrong. So many gamblers do keep records and that is why they are not able to track winnings and losses to know whether things are really working for us or not. Discipline is what we keep making us to keep record of our gambling activities without over relaxing on negative outcomes.

Maybe not record keeping because that's a tedious job but more on allocating your monthly or weekly budget in gambling. Once you used it all up, it means, you need to stop and just wait for another week or month where you have your new budget.
If you will follow your desires, more than likely, you will use your budget not allocated for gambling.
legendary
Activity: 2198
Merit: 1232
I always had the scenario you mentioned in my dreams while gambling but I could never stick to this plan. That's why I gamble very irregularly. What I plan to do is gamble only about 10% of my monthly salary and if I can multiply that money, I will spend it according to my needs and pleasure within that month, but it usually doesn't go as planned when I set out.

That's why I play sporadically and occasionally for fun without making a specific plan.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
I think OP is right. I've seen most of gamblers who gamble, don't have any real bankroll. They do gambling to increase their money for their basic requirements as well as others thing that they wanna have. That's why they might be less focused, less disciplined and have more hunger for money rather than making gambling properly. But when a Gambler have enough money, i mean a real bankroll, then he doesn't need to think about any other things, no need to worry about rent or basic needs as op mentioned already. So he can be more focus of course. although there are some exception too. Some people will never changed, no matter how much they have! They always want more and keep staking more amounts for more earning which could be drive them to become loser at the end
Yea, op is quite right and there is need for we gamblers to examine ourselves once again to know what we are really doing comparing our losses to the winnings we have had since all these while. This is why it is good for us to always do record keeping of all our gambling activities. This will help us to know where we are doing it right and where we are doing it wrong. So many gamblers do keep records and that is why they are not able to track winnings and losses to know whether things are really working for us or not. Discipline is what we keep making us to keep record of our gambling activities without over relaxing on negative outcomes.
Keeping a tracking with your spending in gambling will really be giving out an idea on how you've been doing in regarding into your finances on which on the moment or time you do seen yourself
being going beyond with those limits then it would really be just that right or better  that you should really be stopping midway because of being that already excessive. Making up some tracking
will really be giving out alerts that you had hit up your threshold. Actually in my case, i dont really that trying out to look with those informations on which you could really be able to make estimations whether
you are on profits or in break even or with deep loses. Actually losing up money is not that bad as long you are  really getting the entertainment that you do get from gambling on which this is the primary
purpose on why we do gamble. People are really just that finding themselves really that too desperate on the  time that they do gamble as if there's no tomorrow and thats why desperation level
would really be on its peak and it causes up for someone to have those bad decisions or actions been taken on.
Pages:
Jump to: