Topic: You'll be a discipline gambler in sports if you have a real bankroll. - page 3. (Read 1149 times)

Actually no one can play gambling fairly because you can simply keep the attitude but not everyone can do that so there are different types of gambling. For example some people take loans and gamble. Some people gamble by selling assets and some people gamble with all their salary. You can quit suddenly when you're drinking alcohol or cigarettes so gambling is an addiction that you can't quit even if you want to. When i win repeatedly i will try to play again and again so the basic need for money will not come into play here.

Well, this is a challenge for gamblers. It's not easy to remain consistent, especially when we experience consecutive losing phases even though we don't play every time or day. The 10% that we budget from our regular income is not enough to meet our needs when we want to have fun gambling. Sometimes, we ignore some important requirements to carry out a gambling session. If we are lucky, our money will recover or increase into winnings. if otherwise, new problems will arise afterwards. as a result, gamblers sometimes take the wrong steps. You could try betting the remaining money, or even looking for a loan. Once again I say, if we are lucky it means we will survive and it doesn't even rule out the possibility of producing multiple wins. but if it is the opposite, then new problems will arise due to our lack of discipline and control.

Well, based on what I said. sometimes we often take risks to increase and even the motivation is aimed at recovering losses. Most of us gamblers have certainly experienced this cycle, although it is not always the same in each case. there are those who are steadfast in their discipline, there are quite a few who are unable to express their desires. I personally, do not escape situations like this. Therefore, apart from us needing responsibility, if we can involve other parties, for example our wives, maybe we will have an alarm as a reminder to even think rationally again because our finances are limited and someone will remind us of our limits for gambling.

You'll be a discipline gambler in sports if you have a real bankroll. this is exactly what Im saying in my previous post in another thread the key to stop addicted and chasing losses is to manage the bankroll.
Wheter we win or lose in gamble the emotion is automatically call us to bet more and most likely to happen when we had a lose streak.

The addiction and emotion will fueled our body to bet more if we have certain budget I believe we are gonna be fine

For me, this will still not apply to some people because there will be some instances that even if it's not yours, you still have some attitude that you will still do even if it's your own money or bankroll.
Discipline will always come from ourselves, so you need to first control, practice and master it.

I would say that planning is always much easier than practicing, meaning that in the end there is still a possibility for gamblers to prohibit their own rules even though they have basically implemented effective methods to keep their gambling budget from exceeding the limit, and as we know that everyone has emotions and curiosity in themselves, meaning that there will always be certain times for them to try to express their curiosity by continuing the session even though for example the money has reached the specified limit or has reached the point where they should stop allocating money.

In the end, of course, as you said, the method must be assisted by something else if it is to be effective, namely maintaining self-control along with maintaining self-awareness in order to resist or execute various temptations that come.

it doesn't give a 100% guarantee but then it will to a very great extent help the gambler be able to get his funds under control well enough especially if the rest of the funds is in an account that cannot be accessed easily not you then you will most likely not be able to access the funds hence you will have to stop at the point where you get all your funds available to you exhausted. discipline sometimes go beyond just having that particular dedicated fund to gambling alone but also to, applying restrain to the fact that you shouldn't be touching the funds you had allocated to something else which may not be gambling but then. some gamblers do find it really difficult trying to be able to get this level of discipline because they want  to be able to still stay in the casino long enough to be able to not gamble.

A bankroll to me suggests that you have a much larger amount to work with and are not simply relying on running a set amount down to zero each month. If you're losing your money consistently, there is no management going on there besides regulating how fast you lose your money and that is a very poor mindset to hold. Unless we are talking about a skilled game like poker, where you would probably want hundreds of times the big blind in order to feel comfortable about every decision, sometimes you have to take wild but calculated risks and other times the table dynamics require you to bluff occasionally, which you might not be able to do if you consider the next bet to be crucial to your bank roll.

When we have prepared special money for gambling and not more than we have prepared, we must be able to manage it well, meaning by trying to multiply the money we can use it gradually and not all at once. For example, you can only afford to lose $50 a month for gambling, so use your money wisely gradually, for example, use $5 for each bet, don't exceed $10, so if you have $40-$45 left, stop immediately or you will lose control and lose your money quickly, but if you use $50 to gamble every day, in my opinion, you shouldn't exceed $2 a day, but if you only use it on weekends you can manage with a slightly larger one.

The most important thing is that we can manage our bankroll when we have prepared money for our needs and for fun. By having a record of spending, you can arrange for yourself how to make sure you have enough money in a month and you don't use the money you need for gambling. Discipline in managing finances is necessary because if we can't be disciplined, spending can be chaotic and you will find yourself in trouble if you don't have enough money to cover your needs and have to wait for your salary again.

No matter what their gambling budget is, they must be truly disciplined in gambling. With discipline, they can know how long they can gamble. They also will not violate their gambling limits.

However, people can lose control of themselves in gambling when they become tempted and want to continue gambling. The discipline they have used will be meaningless because they have forgotten it. They will only spend more money when their discipline is lost and that will cause them to lose a lot of money.

When playing gambling, discipline is one of the things that must be paid attention to so that we don't violate the limits. With the help of other things such as self-control, self-limitations, and other things, gamblers can avoid many losses. We must be responsible gamblers and not exceed our limits.

Well, this is a good idea to have a dedicated bankroll for gambling but this won't be enough if you do not have proper risk management in place too. In the above example, a person has 50$ money which he has allocated for gambling/betting through out the month. So now if there is no risk management, he would just place a single bet of 50$ and can lose the whole money in a single day. Then it will be difficult for him to stay away from gambling for so many days and wait for the next month when he will allocate a further 50$.

If he had risk management in place, he would risk only 1 or 2 dollars per bet and also make sure that he do not exhausted his gambling portfolio before the month's end. The more careful the gambler is with his money, the more chance he will make more money in gambling in the long run.

You are very correct because I don't see what addiction or self control has to do with bankroll. The only thing I can understand from the OP, is that one should not gamble when he does not have a job, because he will see gambling as a job and will be gambling for profit which might lead him into some ungodly actions just to have money for gambling. Apart from that, I don't see how bankroll can make any gambler disciplined.

Discipline is based on the gambler understanding of what gambling is and how it should be done. If you gamble with a wrong mindset, even if you have a big bankroll, you see still use it all on gambling because you will be busy chasing your loss. I might have a very small bankroll, and still control my gambling activities by using only the amount of money that I can afford to lose.

It's the conclusion of the whole matter as I concur to this , gambling what you can't afford to loose is very disheartened, it can make the main objective of gambling not interesting. Just as op pointed bankroll may be necessary to guide who ever that has no control over the way in which he/she engage on the gambling when the money is available, but most time to them that are already addicted is even hard even when bankroll is in place.

I will not increase that amount if that's already the 10% of my monthly salary. That's already a lot to be honest and someone who's gambling and allotting fund to his gambling deeds shouldn't exceed with that much. If 10% is an affordable amount for me, I'd be fine losing that but depending on how the status of the economy, my personal economy is. I wouldn't be increasing it anymore and let it go whatever happens but it's hard to stop ourselves when we lost that quickly and you're still itching to gamble more.

Why risk more when the win is not certain? I don’t think a gambler should continue when they’ve started incurring losses because it will make them use all of their money for other things to be spent on gambling which will still not produce good results. A disciplined person will always have budget for everything and will not use the budget for others to satisfy his self interest that’s not worth it atimes. For every gambler, there are good days for them and also some days are bad for the. Depending on the outcome of a game, you should be appreciative and walk away from that place in order to secure your profits or manage your loss for that day while preparing for another time using only the budgeted money for that purpose.

Yea  bankroll or no bankroll, an irresponsible person will still be irresponsible. It is one thing to have a specific allocation for gambling and its another thing to stick to it. If he is not able to control himself, he might even gamble with his salary, hoping that he would be doubling his money. It is only a man who can discipline himself that can stick to a proper bankroll, those who are not disciplined cannot do so unless they train themselves to. Responsible gambling cannot work if the gambler in question has no control over himself. While we advice that  people should have other sources of income aside gambling, it is also necessary to constantly remind oneself about the need to stay disciplined and their possible implications of outing all out of control.

When it comes to bankroll spending or allocation then it would really be random. Yes, it might not be that recommended but as long you are wary on the things that you are doing or on the time that you do spend up
money then it should really be just that fine because people do usually mess up on the time that they would really be losing up control on spending up their money on which they do allocate big when it comes to gambling session and this is where people do usually mess up and this is something that should really be that stopped. People do really wrecked up themselves just because they do mold up that kind of
perception and beliefs into their mind that they could really be able to make easy money with gambling without even thinkin about the reality attached to it.

It is really just that there are people who cant think off clearly and sensible or realistically on what are the probable effects that it could bring out into their lives on which they would really be putting
up focus into something on which its never been that recommended on doing so. Gambling is for leisure and if you are really that tending to play then allocate such enough amount into it
on which it is something that you can afford to lose.

I don't think discipline depends on your bankroll, so I would never risk more money than I can afford to spend on gambling just so that I can be more disciplined with my gambling activities. I know myself and how much patience and self-control I have and I know if I can stop when I need to or not. That's why, it's of no use for me to increase my bankroll just to have more control because if I have control, I can manage it with the existing bankroll and if I don't, I won't be able to have discipline even if I increase the bankroll.

It might have some reality that having a proper bankroll keeps you disciplined but I don't believe in such things. I believe it depends on the nature of a person whether they can control themselves or not when gambling and it doesn't depend on whether their bankroll is dedicated or not.

Yes definitely, 50 USD is totally fine for sports betting. There are so many different type of games each week with a wide range odds to choose from. We could easily break down the 50 USD into 10x 5 USD bets and make one bet every three days. Like you I fully agree that having a fixed bankroll is important and we need to respect the limits. Topping up our bankroll during the week just because we lost a bet seems wrong. We should rather wait until next month when we receive our salary. If we really want to bet more we could add any wins to our bankroll directly. For example, we could focus on very low payout bets with high winning chances. If we keep betting on games with below 1.05 payout then we are making only small profits, but we can play every single day. Having a fixed bankroll helped me a lot over the years and I would recommend it to anybody.

Because many gamblers forget discipline, this is what causes many gamblers to experience carelessness in gambling, causing many problems ranging from losing more money to experiencing gambling addiction. Many gamblers have lost a lot of money while gambling, and most of them become more greedy, especially after they win. They forget that it is a warning for them to stop gambling after winning because if they don't stop immediately and instead continue gambling, they could lose their winnings, which are also used for gambling. This will make them disappointed with their defeat, so it will make them continue their gambling game again.

Learning from other people's experiences and the experiences we get is very necessary to prevent bad experiences from happening to us. We can also learn what is needed to be responsible when playing gambling so that we don't experience many losses. Having a sense of responsibility when playing gambling will help us manage money for gambling so that we can gamble and stay within limits.

And yes, experience is the most valuable teacher, and I agree with that. We need many things to become a professional gambler because no one can guarantee that we can remain responsible while gambling. By continuously practising responsible gambling skills, we can improve our abilities so that we can also enjoy gambling as entertainment.

In fact, disciplined attitude has been possessed and embedded in everyone without exception, it just that sometimes many gamblers forget discipline and they turn this attitude into carelessness.
Isn't this the reality, there are lots of gamblers who always act like experts who are able to make win on every bet and they use massive amounts of money to make bigger wins.
But in the end they are just gamblers who are full of disappointment and really don't accept what has happened, they will be like people who have lost their way because of big losses and in the end have lot of loans just to recover their losses.

I have been in the gambling industry for quite some time and have certainly managed to study my personal experiences as well as the experiences of other gamblers.
Indeed, when most gamblers are addicted or blinded by excessive ambition, they will never be able to control themselves and be disciplined in managing their money and time for gambling.
There will never be any prevention before they can really change their mindset and ambitions in gambling.

And experience is the most valuable teacher to learn from, plus learning from professionals will make it easier for us to have an attitude that can be more than just skills but more responsible.
It doesn't matter how much time it takes, as long as it good for us and useful, we still have to do it.