Topic: You'll be a discipline gambler in sports if you have a real bankroll. - page 5. (Read 1161 times)

Well, we are people who are aware that if a person has 50usd to spend in a month, well it is because it is money that he is willing to lose, that is what we have to take out as the first option, of course if we are taking out 50usd To buy necessary things for our home I would consider it irresponsible, because one for the casino should allocate money that is not going to be used for anything else, and that the money that is used for that is not going to have to be used for something else that is essential.

If a person allocates 50usd for the game, it is because he is going to have a lot of fun during that month, I would do it or divide it into weeks, which would give me the result that in each week he would allocate 12.5usd ready to allocate in a game, he could divide it between the days I'm going to play within that week, well that's just what I would do, I don't know if maybe it's too little or something, but I could also wait until the end of the month and play with those 50 usd once to see if you can achieve something, of course with more money , because I think you take more risks.

As long as it is a balance that we have to lose and what we are ready to spend, it does not seem to me that it is bad, it is something that is controlled that is good , it is something that we must always emphasize that every time we play we cannot be thinking about what the things can be bad and we have to lose everything, this is something that we have to see so that we can believe, if in that case we want to multiply those 50usd, we would have to confirm it with minimum savings during the day, so that instead of subtracting, The balance is always increasing, with just 1 dollar per day it is something, 1 or 2, depending on how we are, but we have to establish a stop per juice session so that we do not spend all of the money at once, for Example, We can only lose 3usd a day , and when we get there we can't spend more until the next day , that could work too, that's what I would do , Something slow but sure.

There should always be a limit on which it would really be just that normal that you would really be having those kind of considerations specially on the time that you are really having that losing streak on which it would really be just that normal that you would really be having that kind of impression. We do know that when it comes to discipline then each person would really be that different when it comes to that manner on which there are ones who could be able to have some control and there are ones who couldn't really be able to do such thing. It would really be just that depending
on how you would really be able to handle yourself into this kind of situation on which control and discipline is really that relevant specially on dealing with this venture.

But I had losing streaks that despite having pretty good and strict bankroll management, I went broke a couple of times. Not like broke in life, but lost my bankroll that was meant to be sufficient enough to go for some time. But when you lose like 10 bets in a row despite making no wild moves, I think it can happen to go broke despite not taking weird risks and not losing control over one's own decisions. Everyone has been there, I am sure. At some point it is hard to believe that the bets keep going wrong. The same can of course happen in a positive sense.

Yeah, i am doing this, i have a monthly bankroll, i am just calling it a gambling budget. And i won't go $1 over monthly budgeted money.

Pondering if it's enough is a matter of attitude, because if you don't believe 10% of your income ($50) wouldn't be enough, then 10% of your income from what ever income wouldn't be enough, as it's all relative, and if you think the wins would need to radically change your life. So it wouldn't be enough compared to your life expenses and salary.

As in statistically speaking, that $50 wouldn't make you any richer then that $10k, because percentually you would win the same. It's not as easy to grasp when you have only that 50 dollars in month to spend. When you are poor, it seems obvious that you would settle wanting less when you have money, but it's often not like that. When your salary rises, so rises your spendings.

Impulsiveness is really one of the main issue for most gamblers on which i could say that it is really that common.When managing your own bankroll then it would really be that tough even if we do see positive comments and suggestions or recommendations on which applying it on real life wont really be something that easy. This is why we should really be doing our very best on controlling ourselves because we do know that once we do lose control then we do know on what would gonna be the next. The only thing differs into those people who do make use their sufficient money or allocation is basing up on the budget whether they would really go past beyond those points or would really be completely stop once they do reach up such threshold. There are really just those people who do play and cant stop on the time that they are experiencing those loses.

Problems do only rise on the time that they wont really be able to assess on the difference in between good and bad, on which this is something that you would really be
needing to act accordingly basing up onto the things that you should or must do.

Having a dedicated bankroll is actually part of discipline that is needed to remain sane in gambling. Not many people do this but few that are able to implement this method hardly full into gambling addiction and all the psychological problems it carries. They already know how much they are willing to sacrifice per month and will always remain within that limit. The fear and uncertainty that a lot of gamblers face would have been completely eliminated through this method of gambling.


Most of the negative effect of gambling are traceable to gambling with funds not meant for gambling. The moment a gambler fails to draw the line between gambling funds and funds for basic needs, there is bound to be problems.


I think putting this in percentage of monthly income will make more sense because $50 is very big amount to some people and to others, it is not even up to what they gamble with daily. To put it in percentage, I feel gambling with maximum of 5% of ones monthly income is fine as 10% is on the high side for me.

No, I can't maintain the discipline... I am a degen. If I have a balance in some casino I will try in-house games and maybe that will get me a few dollars, but in one moment I will turn to slots. The thing with slots is that you never know, I can bust my balance or I can make more (been there and done that too many times), but that never lasts.

It's hard to be and stay disciplined gambler, at least for us who like to gamble and for us who like all gambling games. Hard truth! We like to play and for some of us it's hard to stop playing even after we win and make some profit.

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.

I know that it's just an example but having that amount is quite low and I doubt it that I'll be able to survive for that amount for a month. The days are going to be different and I don't even know if a week is enough for that week because it's likely just a few days.

Why?

Because many anticipation is that I am going to lose that money easily even if I'll do that in esports betting which is I'm quite aware of the scene and I like doing it there.

So, this varies per gambler and if some are going to say that they can grow that easy. Well, for me, I don't know what I can do with that but most likely I'll just lose it.

If one person can't afford to risk their money since their salary is not that big., and also doesn't want to bet small amount then they shouldn't gamble in the first place. You really need to rely your amount of betting in your bankroll cause if you have responsibility like paying the bills then you might drain up all of your money. Gamblers are risk taker that's given, but you should always have risk management to avoid finances issue. $50 can still be bet depends on your game, you can still profit by just simply betting $1 every round like sport betting. If it doesn't last for a month then that's fine cause you need to adjust depends your money.

That can help a little that is for sure but absolutely cannot make you a disciplined gambler during all the time as there will be times when you will suffer loses and you will try to get them back which can make that balance last less than one month.In gambling is not discipline the main key although it helps a lot,I think it is the fact to choose the right game or games in your single or multi ticket,sometimes we just to be great at choosing,I usually copy other people bets to not care much and today I landed a ticket with 80 odd by copying other people bet,the problem I only had 0.05 dollars as a bet so about 5.2 dollars win.

https://stake.com/sports/home?type=sports&status=settled&iid=sport%3A125435335&modal=bet

Yes that's what's fun in sports betting that we can bet minimally so I think a $50 budget every month is very enough for small gamblers, so we can start each bet with $1 or more, even though it can't get rich faster why not to enjoy the process starts from little by little then becomes a lot, as long as it is consistent I am sure that from $50 we can make hundreds or thousands of dollars in a few months, it all depends on how we manage it, as long as we gamble with proper control and are not careless.

Sports betting actually does not completely rely on luck, so it is also important for us to have knowledge about certain sports because with a lot of experience and knowledge it will help us to win more, although in the end luck will determine the result, but it is important to analyze and research before betting on betting. sports, whatever it is, I'm sure a $50 budget is more than enough to spend every month for those who can manage it properly.

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.

I think for me, if you want to go with this so called bankroll management, it should be big in the beginning and so at least you have total control of you big or small you are going to bet as compare to like small budget wherein you can just go and bet a few and then when you are busted, you will be "force" to deposit and go beyond above your normal bankroll.

$50 is small to last for a month of betting, you can just used it in one sports bet and that's it. And not sure about the article, talking about discipline, gamblers are risk takers and reckless to begin with, just saying.

I believe that the answer to this question will depend on the games that each person has played on gambling sites. For example in my particular case, I have been placing sports bets, so 50$ for my bankroll management strategy is a lot of money and would allow me to play for more than a month, I could even play with 50$ for more than 2 months and not have any problems with it. because I do the following when I spend, for example, 12$ for me to play every month. I already know that I will place $3 bets each week. So after 4 weeks of putting in 3$ each week, I can spend 12$ without any problems. If it were 50$ I would use the same strategy which would consist of playing with 12.50$ each week, so at the end of the month I would play with 50$

Now there is something that I always keep telling myself that although we should look at gambling just as fun, it is very important that everyone analyzes the games before playing so they can win. It is not because a person allocates 50$ per month to play, that that person must get it into their head that they must be losing all the money so that the following month that person puts in another 50$ and loses everything again. the person needs to obtain a lot of knowledge about the game they intend to play so that they can win sometimes, because that way when a person who dominates the game they are playing

put 50$ intended to play for 1 month, then that person will be able to play for more than a month with that same 50$ without needing to deposit money again in the following month, this does not mean that that person is thinking that they will become rich or would be deluding himself that he will have a lot of profits, but at least this would mean that although this person has defeats in which he loses money, he is also having victories in which he wins money and allows him to play for longer without needing to put more money into the casino. a practical example of this is in the case of a person who always plays with 50$ per month, if that person takes 10$ and makes a multi bet with odds of 5.00 and gets it right, then that person will have 90$ in their balance, which gives them It will allow you to play for 2 months without having to put more money into the casino, and that's what I consider playing for fun

That's the advantage of sports betting compared to several other types of games, sports betting doesn't force gamblers too much with a minimum and maximum amount of betting money, such as a slot bet of at least 10$, By having $50, many of us will be satisfied to bet on sports betting with a nominal value of $1 so that we can repeat up to 50 rounds or clubs.

For me $50 is one of the best factors in managing money for sports betting, no wonder we will see many people turning to sports betting in general, to increase bets of course, but it is done based on the results of winnings not from monthly income.

You ultimately need to be performing, which is hard to do with sports betting unless you've found a strategy that will consistently give you an advantage over the long term - bearing in mind the sports books will also want to adapt against you if you're constantly making a profit. There will always be an element of variance in any strategy, so you will need to track it across a decent time range and many hundreds of bets at a minimum to understand if something is working or you just got lucky for a while. Bank roll management is often mentioned in reference to poker, where it's a bit easier to get an edge over your opponents instead of constantly trying to fight against a fixed house advantage.

First of all, you should not risk money that you have as your primary income, it is 0. There is a belief of using "x" percentage of your only income as the minimum, and then they coin the phrase "only bet money that you can afford to lose."

Ah, ok, I took money from my income and assigned it a %, well now it's money that I can bet calmly, seriously, it's a fallacy. So from the start you're starting the bankroll management wrong, and the player believes that everything It goes well or starts well, because it assigns a percentage and adds the famous phrase.

And! I clarify, this in a context as you proposed, being a real player, since a recreational player could work, but if you are going to dedicate yourself to sports betting your capital has to be 100% and of that capital you fraction in a certain percentage and adds the famous phrase.

So, the discipline begins by finding a capital that you can use without ties, so before taking away 10% (e.g.) think about how to get an extra income that allows you to use it in peace and it in its entirety for betting management.

That is what it means to be disciplined in managing your money. Whatever amount of bankroll we will use, if we cannot be disciplined in managing the money for gambling, we will only use more money. Especially if the promotions given by the casino easily tempt us. We will only use more money to gamble, and we forget the discipline that we should have and apply when gambling. This disciplined attitude can be applied in sports betting or casino games and can avoid many losses. Even if you place a bet on sports betting, with your discipline, you can prevent many losses. However, we realize that training discipline is difficult, and only a few people succeed in training it until they have good self-discipline. That's why we must keep practicing it to control ourselves.

We can act like professional gamblers and learn what they have learned so that we can improve our gambling skills. And although it takes time until we really have a good level of self-discipline, it is still worth practicing to avoid unnecessary trouble. So with that discipline, we can behave and act like professional gamblers and enjoy gambling as entertainment. That's why we will not consider gambling a way to make money.

10% of salary is huge! I hope this is just an example and not a real situation.
Of course ALWAYS a proper management and planning is the only solution for achieve success ... not only in gambling.
People without a clear path will just lost focus and start act randomly