Pages:
Author

Topic: You'll be a discipline gambler in sports if you have a real bankroll. - page 4. (Read 1149 times)

hero member
Activity: 2912
Merit: 541
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?
I will stick to the limit that has been determined and if I intend to increase I will consider the available funds more than the desire to chase losses or because I want to get more than both there is no certainty and what is more certain is that I could lose more funds, and if that is the result of increasing budget, it can damage your finances if it is not money that is intended for gambling.
Yes, I agree with you. It is indeed better to stick to the limits that we have set than to increase the amount of capital because that does not guarantee that we can win the gambling game. By sticking to the limit, we have tried to control the use of money for gambling so that we will not have the desire to increase the amount of capital. And even though we can win later, we won't be interested in increasing capital. We will return to managing the capital according to the initial level so that we don't lose a lot of money. Gamblers really need to be aware of this so that they don't become greedy when they can win. Moreover, there will be a lot of losses that will come to us if we use more money.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Do you believe that you will be more disciplined in sports betting if you have a dedicated bankroll?
This seems to be true, because players not only like to chase losses but are also often dissatisfied with the profits obtained so the way to do this is to increase the budget if what has been budgeted is not able to provide the expected profits.

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 will stick to the limit that has been determined and if I intend to increase I will consider the available funds more than the desire to chase losses or because I want to get more than both there is no certainty and what is more certain is that I could lose more funds, and if that is the result of increasing budget, it can damage your finances if it is not money that is intended for gambling.

hero member
Activity: 1022
Merit: 667
Top Crypto Casino
On several occasions we tend to make such mistakes along with the ways we spend money when we have it in our balance at some point because, on some occasions I have made those mistakes when I receive my payment and forget to withdraw my weekly gambling budget at some point I get carried away to place more bets than required and some time bets end up losing making me to go on a lost balance at the end of the day.

This experience have made it more difficult for me to disobay my budget bankroll amount at any moment, let say weay oray not experienced the same outcome with all of this because some may choose to take such risk of going beyond the bankroll budget and still end up winning big rewards to walk home with.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
Do you believe that you will be more disciplined in sports betting if you have a dedicated bankroll?

Yes absolutely, how you manage your bankroll defines your attitude toward gambling, you will never be a responsible gambler if you do not take your allocation seriously, this is where gamblers first lose control of themselves.
When they do not know how to stop they never look on their bankroll all they care for is to win and if they lose they want to recover their losses right away.
I always see to it that no matter what happens I manage my bankroll properly it's not easy, you need to motivate yourself and remind yourself when and how to stop so if I put $100 for a two-week allocation I need to make sure that $100 will last until the next payroll to fund my bankroll.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
If a novice gambler gambles with large funds, I can be sure that everything will be lost.
Financial control in gambling games is very important. This must also be balanced with emotional control. No matter how big your gambling capital is, if you can't control the game, all you'll do is play until the money runs out.
The wisest thing is to limit your finances for each game. say $1000 per play, then if you experience a losing streak until the money runs out, you have to stop and not decide to make another deposit to continue playing.
Financial control also know as good money or risk management is very important yet lacking in most novice or newbie gamblers and even amongst some experienced gamblers aswell ,some of them know so well about it but are just carefree or feel they can go against the odds and still be lucky so they don't have to apply all of such.

Like you rightly stated again emotional control is another one lacking which if a gambler doesn't have, they just keep playing till they exhust all that they have and that's why it's very important not to get emotional gambling and not bring to the casino that which you can afford to lose because you may eventually end up loosing it all but as an emotionally intelligent gambler, it's very important that you exit immediately you find out that you are becoming emotional and you are suffering a loosing streek, same applies to winnings too when you having series of wins you may become too excited and want to add to your stakes .
Financial control in gaming, especially for beginners, is like balancing without a nett. Many jump in without considering the basic rule: "Only wager what you can afford to lose." A classic trap, right? Fun and irresponsibility merge when quick wins are tempting.

I learned from my experiences to treat gambling as entertainment, not a cash stream. I set aside a "fun fund" - money I can part with. My fundamentals are safe, and the game remains a thrill, not a financial risk. As with movie tickets, you're there for the experience, not the ROI.

Also, emotional control? Thats gambling's MVP. Even the coolest cats spiral when losing control. My mantra: "Stay frosty." I tell myself that losing is part of the game. When emotions arise, I move back. Knowing when to say, "Thats enough excitement for today!" is crucial to enjoying gambling.
hero member
Activity: 2926
Merit: 567
Do you believe that you will be more disciplined in sports betting if you have a dedicated bankroll?



It can only be possible for a responsible gambler, they allocate, they discipline themselves to make sure that they follow their bankroll, but those who lack control they lack don't care about their bankroll all they want is to win and they keep on trying as long as they can fund their account, how you manage your bankroll is the measure how discipline you are, so if you cannot manage your bankroll properly, you are risk of losing a lot of money.
Irresponsible gamblers start with small bankrolls but because he is out of control he keep adding until they have no awareness of how much money they are losing.
full member
Activity: 868
Merit: 202
a gambler must have an allocated bankroll to be able to maintain their financial condition well, because without a clear bankroll allocation a gambler will tend to use their money unwisely and they will gamble as they please. but apart from that, gamblers also need responsibility and good discipline to be able to ensure that they continue to gamble according to the bankroll they have allocated, so that their gambling practices will be better with a combination of allocated bankroll and good discipline.
hero member
Activity: 2716
Merit: 904
That's true, I have seen a guy who used his school fee to gamble, he claimed that he was trying to help his father since his father is so broke that he can't pay for his school fees, funny thing is he use the last amount in his fathers bank account to gamble and lost everything, the home was filled with so many tears that day, I can't forget.

At first I was so mad, I felt like beating him up for putting his father in such position, but later he felt that this guy is full I'm of regrets too, till this day he have grown so much hate for gambling, people don't actually know what gambling is, they instead try to give a try in a stupid way.
His wrong interpretation about gambling made him hate gambling which is bad. If at first he did a quick research and didn't think gambling gives easy money, he would not be in the position that he would gamble the last money. They say gamble what you can afford to lose, this person can't afford to gamble since his family is struggling financially, his action alone was already wrong, regardless of the outcome, because if he had won, there's no guarantee that he will quit and just keep the money, For sure he will be greedy and will try to push his luck.

It's not even about having the bankroll only, your expectation in gambling will finish you if you are not careful, what you have in your head is what will control your ways with gambling, one minute you decide to only use $50 in gambling and another minute you start feeling like a magician and you will increase the bankroll yourself.

This is a different kind of scenario, what OP was referring are for experience gamblers who do and doesn't have a good bankroll, and their respective experience. For me, with a good bankroll, I tend to be more serious.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform


Although this is quite unusual, but do you think gamblers will keep coming back if they don't believe that there are gamblers who are making money in gambling? It's just a simple logic, the problem with most of us here is we thought that winning in gambling is quite impossible, which in reality not, it maybe hard to win but never think it's impossible as you are only killing the challenge.

Those newbies who get into gambling of course have people that they see who gamble and they have seen them make profit which encourage them to gamble also. They didn't wake up to start gambling, it came out of their mind while some were influenced to try and from there they became even addict gamblers. So yes you are right that people win money which is the reason new people join in gambling because they see winners within there areas. However, as a newbie you don't have to take the same risk that old gambler is taking. You have to guide your bankroll until you have mastered your strategy.

There is where that discipline will sink in. As always, you have to ensure that " you gamble based on what you can afford", there's no exact figure here as we have different financial status. So if you see a gambler who could risk $1000 per bet, don't try to follow if you aren't even earning $2000 a month as most likely that gambler is making $100k or more per month to be able to risk that huge amount.

We should not be too focus with the shortcut in gambling, if we aim to win millions, then make sure you have the skills and try to get it slowly but surely. If you go the fastest way by winning through jackpot, then most likely you'll end up losing based on statistics.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
A gambler must learn discipline to manage their money and also their time when gambling so that they do not lose large amounts of money. There are still many who cannot consider gambling as entertainment and instead want to make money from gambling.

So when I consider gambling as a way to make money, do I qualify to being called as indiscipline gambler? If you say yes, I would disagree with you, because for me, gambling is not only for fun when you can just expect to lose but you can also consider it as a way to make money if you believe you got some skills.

Although this is quite unusual, but do you think gamblers will keep coming back if they don't believe that there are gamblers who are making money in gambling? It's just a simple logic, the problem with most of us here is we thought that winning in gambling is quite impossible, which in reality not, it maybe hard to win but never think it's impossible as you are only killing the challenge.
That's not what it means. We don't expect to lose when playing gambling, but we only use gambling as entertainment. That's different from hoping to lose when gambling because whatever happens when gambling, you can accept it. And if you think of gambling as a way to make money, you can see that many have experienced losses. But if you can really make money from gambling, that means one of the people who can do it, which is a great achievement. But you must remember to keep control of yourself because, without that, you will only get carried away by your emotions and lose a lot of money.

Gamblers who frequently experience losses will return to gambling. Whether they believe in gamblers, who can make money, whether they want to recover their losses, or just want to get back to having fun from gambling, that will be the reason for each gambler. The important thing is that we don't gamble excessively because we already know what impact we will receive from gambling. It may be difficult to win from gambling, but it is not impossible.

~snip~
If a novice gambler gambles with large funds, I can be sure that everything will be lost.
Financial control in gambling games is very important. This must also be balanced with emotional control. No matter how big your gambling capital is, if you can't control the game, all you'll do is play until the money runs out.
The wisest thing is to limit your finances for each game. say $1000 per play, then if you experience a losing streak until the money runs out, you have to stop and not decide to make another deposit to continue playing.
This can happen if a novice gambler does not have self-control, so he cannot control his emotions to stop his gambling game. Most beginner gamblers will feel challenged to win their gambling games, so they will play gambling continuously until they can win. But in reality, winning the gambling game is still difficult for them, and in the end, their money will run out.

Yes, they can only limit their gambling activities and also their money so as not to lose large amounts of money. If they still spend a lot of money gambling, it is only a matter of time before they really lose all their money and become bankrupt because of excessive gambling.
hero member
Activity: 1274
Merit: 561
Leading Crypto Sports Betting & Casino Platform
A gambler must learn discipline to manage their money and also their time when gambling so that they do not lose large amounts of money. There are still many who cannot consider gambling as entertainment and instead want to make money from gambling.

So when I consider gambling as a way to make money, do I qualify to being called as indiscipline gambler? If you say yes, I would disagree with you, because for me, gambling is not only for fun when you can just expect to lose but you can also consider it as a way to make money if you believe you got some skills.

Although this is quite unusual, but do you think gamblers will keep coming back if they don't believe that there are gamblers who are making money in gambling? It's just a simple logic, the problem with most of us here is we thought that winning in gambling is quite impossible, which in reality not, it maybe hard to win but never think it's impossible as you are only killing the challenge.

Winning can be anything to any gambler. Generalizing that when one wins money in gambling that he wins, shouldn't a permanent, complete thought, we can do better. A lot of things are being done in the casino and most of it has nothing to do with winning money. Because on the long run, the money goes back to the house, hence the gambler didn't win any money in the first instance. Hence, gamblers tend to win other things like discipline, earning skills, associating with other gamblers, and meeting business deals on casino tables. What matters is that money circulates in the casino and gamblers know this, hence the lucky player goes home happy with some funds, which attracts him back to gamble again. Periodically winning helps gamblers to visit the casino again, which is part of the game. There will never be gambling if there are no win or loss. If the casino doesn't guarantee any win, why then would people stake money to gamble. That would be an NGO instead of being called a casino.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino


Although this is quite unusual, but do you think gamblers will keep coming back if they don't believe that there are gamblers who are making money in gambling? It's just a simple logic, the problem with most of us here is we thought that winning in gambling is quite impossible, which in reality not, it maybe hard to win but never think it's impossible as you are only killing the challenge.

Those newbies who get into gambling of course have people that they see who gamble and they have seen them make profit which encourage them to gamble also. They didn't wake up to start gambling, it came out of their mind while some were influenced to try and from there they became even addict gamblers. So yes you are right that people win money which is the reason new people join in gambling because they see winners within there areas. However, as a newbie you don't have to take the same risk that old gambler is taking. You have to guide your bankroll until you have mastered your strategy.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
If a novice gambler gambles with large funds, I can be sure that everything will be lost.
Financial control in gambling games is very important. This must also be balanced with emotional control. No matter how big your gambling capital is, if you can't control the game, all you'll do is play until the money runs out.
The wisest thing is to limit your finances for each game. say $1000 per play, then if you experience a losing streak until the money runs out, you have to stop and not decide to make another deposit to continue playing.
Financial control also know as good money or risk management is very important yet lacking in most novice or newbie gamblers and even amongst some experienced gamblers aswell ,some of them know so well about it but are just carefree or feel they can go against the odds and still be lucky so they don't have to apply all of such.

Like you rightly stated again emotional control is another one lacking which if a gambler doesn't have, they just keep playing till they exhust all that they have and that's why it's very important not to get emotional gambling and not bring to the casino that which you can afford to lose because you may eventually end up loosing it all but as an emotionally intelligent gambler, it's very important that you exit immediately you find out that you are becoming emotional and you are suffering a loosing streek, same applies to winnings too when you having series of wins you may become too excited and want to add to your stakes .
sr. member
Activity: 686
Merit: 403
That's true, I have seen a guy who used his school fee to gamble, he claimed that he was trying to help his father since his father is so broke that he can't pay for his school fees, funny thing is he use the last amount in his fathers bank account to gamble and lost everything, the home was filled with so many tears that day, I can't forget.

At first I was so mad, I felt like beating him up for putting his father in such position, but later he felt that this guy is full I'm of regrets too, till this day he have grown so much hate for gambling, people don't actually know what gambling is, they instead try to give a try in a stupid way.

It's not even about having the bankroll only, your expectation in gambling will finish you if you are not careful, what you have in your head is what will control your ways with gambling, one minute you decide to only use $50 in gambling and another minute you start feeling like a magician and you will increase the bankroll yourself.
jr. member
Activity: 112
Merit: 1
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?

It's hard to maintain discipline when maintaining a bankroll. Having such a bankroll is very helpful to set limits and prevent chasing losses. Allocating an example bankroll of $50 or a percentage of your salary encourages responsible gambling. A good bankroll mindset avoids financial problems and maintains discipline when it comes to betting.

hero member
Activity: 1246
Merit: 699
~snip~
Discipline may differ like courses we read in school. A gambler may be disciplined in managing his bank roll but can't repeat same expertise in managing the time he gambles. Hence, he won't get the actual fun of gambling. Because one needs to enjoy their habit for a little bit longer. If a gambler is not able to gamble with his bankroll up to the time it pleases him. Wouldn't deem himself as a gambler that those the right thing for himself. Therefore, if a gambler could manage his bank roll and battle with time management. He could end up failing himself someday. As these factors have similar connection, so is the brain and the body of the gambler. The player may not have the ability to sustain his money management skill if he's proficient in time management.
A gambler must learn discipline to manage their money and also their time when gambling so that they do not lose large amounts of money. There are still many who cannot consider gambling as entertainment and instead want to make money from gambling. That is why there are still many people who lose large amounts of money, and that is because they cannot control themselves while gambling. And even if you have a large bankroll, it will not guarantee that you will have good discipline because it depends on how you can manage the use of the money. But indeed, having a large bankroll can make someone bet big money and can also make them gamble longer than usual. They have to be careful if they have a large bankroll, and they should be able to control themselves well so they can avoid big losses.
If a novice gambler gambles with large funds, I can be sure that everything will be lost.
Financial control in gambling games is very important. This must also be balanced with emotional control. No matter how big your gambling capital is, if you can't control the game, all you'll do is play until the money runs out.
The wisest thing is to limit your finances for each game. say $1000 per play, then if you experience a losing streak until the money runs out, you have to stop and not decide to make another deposit to continue playing.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
A gambler must learn discipline to manage their money and also their time when gambling so that they do not lose large amounts of money. There are still many who cannot consider gambling as entertainment and instead want to make money from gambling.

So when I consider gambling as a way to make money, do I qualify to being called as indiscipline gambler? If you say yes, I would disagree with you, because for me, gambling is not only for fun when you can just expect to lose but you can also consider it as a way to make money if you believe you got some skills.

Although this is quite unusual, but do you think gamblers will keep coming back if they don't believe that there are gamblers who are making money in gambling? It's just a simple logic, the problem with most of us here is we thought that winning in gambling is quite impossible, which in reality not, it maybe hard to win but never think it's impossible as you are only killing the challenge.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
~snip~
Discipline may differ like courses we read in school. A gambler may be disciplined in managing his bank roll but can't repeat same expertise in managing the time he gambles. Hence, he won't get the actual fun of gambling. Because one needs to enjoy their habit for a little bit longer. If a gambler is not able to gamble with his bankroll up to the time it pleases him. Wouldn't deem himself as a gambler that those the right thing for himself. Therefore, if a gambler could manage his bank roll and battle with time management. He could end up failing himself someday. As these factors have similar connection, so is the brain and the body of the gambler. The player may not have the ability to sustain his money management skill if he's proficient in time management.
A gambler must learn discipline to manage their money and also their time when gambling so that they do not lose large amounts of money. There are still many who cannot consider gambling as entertainment and instead want to make money from gambling. That is why there are still many people who lose large amounts of money, and that is because they cannot control themselves while gambling. And even if you have a large bankroll, it will not guarantee that you will have good discipline because it depends on how you can manage the use of the money. But indeed, having a large bankroll can make someone bet big money and can also make them gamble longer than usual. They have to be careful if they have a large bankroll, and they should be able to control themselves well so they can avoid big losses.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
It's hard to stop yourself from depositing again when there is another match that you are likely sure you can win. Losing your bankroll for the month is like excluding yourself and the temptation to bet when there is a good match.

I have to admit there is no real list of matches that I keep to participate for the month so when there is something that comes up, it's just time to deposit again. But then anyway, I'm not a high roller.
I don't think that my gambling and my bankroll can ever mix, I planned it to the extent that I use a separate bank account that I term "my service" account for all my spending activities which includes gambling. I did that to make sure that I did not go into my main account to withdraw money for frivolities and unnecessary reasons. By this, I had won the situation halfway as I do not leave a huge amount of money in my service account and I am sure that I spend almost all that is there for my monthly bills, purchases and services. This is to discourage emotional spending and I made sure that my gambling plan is stricter because once I deposit into my sportsbooks, I do not redeposit again until I lose all the money in there.

But to lose such money based on how I gamble and plan my account portfolio is always long in time duration, and that is if I lose the money in the whole year because I do not take a huge risk in many trades or risk all the sum in my account at once. All these have been helping me and I know that they will keep on helping me even as I am more cautious that the money in my account has to be well used and I must be accountable for all that I spend at the end of the month for financial discipline's sake. Just in case I found myself so guilty of it this month, I could be tougher on myself next month and this has been helping me save enough.
sr. member
Activity: 1022
Merit: 277
★Bitvest.io★ Play Plinko or Invest!
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?
This is already a huge money for me and yes I can live with this for a month since I’m just an occasional gambler and in fact, I gamble with a lower budget most of the time and its totally fine. As long as you know how much is your budget having this kind of capital can work for you, don’t be greedy if you can’t afford it because you might lose everything, always have your discipline with you so you can enjoy gambling.

Since having a Bankroll is part of your discipline and self limitations, no matter how big or small amount it is, it's really up to you how you will handle that money in gambling. as you've said, you're an occassional gambler and $50 is big enough for your gambling activity, but for the others, it really depends to them, some may say that this is huge but others might say, that amount is not enough. Usually, other gamblers able to grow their money even if it's small, maybe it really depends on you how you handle the money, also that's where we can see how lucky you are in gambling.
Pages:
Jump to: