In gambling, you don't dare chase your loses, the reason why people do this is because they lack knowledge about gambling, the moment you chase your losses you have given the casino power over you, don't do it.
That's why people need to understand what they are getting into before they start, if you are planning an attack on a country you need to know what the country's capabilities are, how many soldiers they have and how strong their military back up is, you don't do this? You are planning a suicide mission.
Casinos are winning over gamblers because the gamblers have no clue what gambling really is, first of all, make sure you don't risk more than you are willing to lose, the smaller the money is the better, we can't always thing about the winning side only, that's why using small money matters, then if you lose the money, get up and leave, don't try to make the money back.
Topic: You'll be a discipline gambler in sports if you have a real bankroll. - page 6. (Read 1149 times)
January 14, 2024, 05:21:12 AM
January 14, 2024, 05:15:34 AM
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.
I don't think addiction in alcohol and cigarettes are easier to quit than gambling, most of people still drink alcohol and become smoker even they're old, but it's rare to see old people still gamble frequently like they were young.The dopamine you get from alcohol and cigarettes can't be substituted with other stuffs, while in gambling, when you're already rich, you're high likely become a responsible gambler.
Just like in gambling, more money means more gambling equals addiction. Remember, even a wealthy person could still be poor if abused.
January 14, 2024, 04:58:37 AM
This can be a factor but still if you carelessly gamble with your real money then still you’ll ended up losing everything. Honestly, discipline in gambling wont happen overnight as you still need to learn it and still need to create a strategy especially in controlling your emotion. Discipline is very important and I hope that you will learn this in time so you wont lose that much.
Emotions is a very great concern in gambling because it helps determine how well you will be gambling, if you will be able to stay long enough in the casino or how disciplined you could be but most of the time getting emotional could cause you to loose more or make wrong gambling decision which could definitely be detrimental to the gambler as that may not be what they have wanted before the started gambling.In all be disciplined and not been careless with your money because the casino is always position against the gamblers but your discipline and strategy helps you gamble better.
January 14, 2024, 04:21:20 AM
Yes, I believe everything should be in order especially when it comes to financial things like gambling. There must be an amount that we are fixed to spend because if not then we are just going wild in the jungle and it brings chaos to our budget. I believe every gambler should have a planned amount on when they should stop depositing or when they will withdraw if a winning spree comes.
We don't need a spreadsheet to do this. $100 for example, that will be my limit for a week and I won't go further even if I lose this all in a day or two. Discipline, we need that. Gamblers are revengeful which is a fact, we don't want to sleep knowing that we lose but it's what will bring chaos to us because we might be spending money that we cannot afford to lose.
We don't need a spreadsheet to do this. $100 for example, that will be my limit for a week and I won't go further even if I lose this all in a day or two. Discipline, we need that. Gamblers are revengeful which is a fact, we don't want to sleep knowing that we lose but it's what will bring chaos to us because we might be spending money that we cannot afford to lose.
January 14, 2024, 04:05:50 AM
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.
I don't think addiction in alcohol and cigarettes are easier to quit than gambling, most of people still drink alcohol and become smoker even they're old, but it's rare to see old people still gamble frequently like they were young.The dopamine you get from alcohol and cigarettes can't be substituted with other stuffs, while in gambling, when you're already rich, you're high likely become a responsible gambler.
January 13, 2024, 11:11:02 PM
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 seems like this is just about financial management on a gambling budget and until now I can do it but sometimes I fail.as you said with a salary of $500 and taking $50 for a gambling budget that is enough to gamble in a month's time and if it is done betting on sports betting I think it would be better to take a low risk bet on 3 or 4 games only and use around $2-$5 each bet is much more comfortable and if you lose it won't be a problem.
as I currently do, bet using the budget that I have determined and bet on soccer betting, choosing 4 matches with odds of no more than @1.5 with a lower risk for me than having to target odds @2+ which is much riskier.
and for me the chance of winning when choosing odds @1.5- is more convincing so that a budget of $50 can last up to a month and even increase and yes $50 is more than enough to gamble within a month as long as you remain committed to the number of bets that have been determined.
January 13, 2024, 10:59:35 PM
Having discipline in gambling does not depend on having a bankroll or only using the money we can afford because having discipline means we take care of ourselves, so we don't gamble excessively. We know that if we gamble excessively, we will definitely spend more money, which we may not be able to accept if we lose. We may try to recover from that defeat so that we will only experience an even greater defeat.
But there may be gamblers who have a special bankroll that is used for gambling so that it can help them to stay within their limits. He feels he is able to gamble sufficiently within the bankroll limit and divides it into his gambling day schedule so that he will not try to gamble more than his limit. It will depend on how we can be responsible in playing gambling so that we can treat gambling as entertainment.
You are right that being disciplined is not only about the money saved in the bankroll or the money we can afford to gamble, but discipline in managing money so that what is risked is not excessive.But there may be gamblers who have a special bankroll that is used for gambling so that it can help them to stay within their limits. He feels he is able to gamble sufficiently within the bankroll limit and divides it into his gambling day schedule so that he will not try to gamble more than his limit. It will depend on how we can be responsible in playing gambling so that we can treat gambling as entertainment.
This is an attitude that all gamblers must have.
But in this context it is little different and of course we cannot have a disciplined attitude towards sports betting when we have money that we can afford to lose.
Especially like now where football has entered the second half and there are many very interesting matches to be able to participate in betting on, gamblers will more often enter gambling sites to bet money on each League match that takes place.
This is an inevitable fact.
This is the attitude of professional gamblers, they know they understand everything and they can have control and management of any gaps in their gambling.
We can't find many gamblers like this and of course they have lot of experience in gambling.
This is group of gamblers who really know how to behave when gambling.
January 13, 2024, 10:20:26 PM
In my case, me being a rather casual gambler I would say that having such a defined bankroll could indeed help me to keep my focus and my discipline on the objective, though, one is also supposed to be realistic on the profits one can get in a single month with such a limited bankroll, as ones have already pointed out in this thread.
If I only had 50$ to bet for a whole month, then I would try to limit my bets to one single bet per week, having some remaining 10$ extra for the last week, and I would only bet in those matches where I would feel confident enough to place my money on the table.
Though, I must admit that if by the end of the month I have managed to get a good percentage of returns, I would feel tempted to increase my bankroll using a little bit of money which would not be intended to be gambled. Not sure if I would actually do that, though, but the greed would be there.
If I only had 50$ to bet for a whole month, then I would try to limit my bets to one single bet per week, having some remaining 10$ extra for the last week, and I would only bet in those matches where I would feel confident enough to place my money on the table.
Though, I must admit that if by the end of the month I have managed to get a good percentage of returns, I would feel tempted to increase my bankroll using a little bit of money which would not be intended to be gambled. Not sure if I would actually do that, though, but the greed would be there.
January 13, 2024, 09:53:33 PM
In my opinion, it depends on how we respond to it. If you can be disciplined and set limits, I thinks $50 can be enough for a month by dividing it over a month time as a form of having fun and enjoying gambling. If you gamble every day, that mean you have to share it $50 is in 30 days which means you gamble $1.6 but if you gamble once a week then you can use $12.5 to gamble. This depend on whether we comply with the initial rules or not. If you want to gamble responsibly and with discipline, you will be able to set a budget.
Using 10% of your salary for gambling will not be a risk because we will not spend all of our salary on gambling, carrying out disciplined gambling will make it easier for us to manage our finances and not gamble carelessly because we can know the limits and not spend too much money just because of too much pursuit of profit.
Using 10% of your salary for gambling will not be a risk because we will not spend all of our salary on gambling, carrying out disciplined gambling will make it easier for us to manage our finances and not gamble carelessly because we can know the limits and not spend too much money just because of too much pursuit of profit.
January 13, 2024, 09:19:24 PM
I can manage that $50 for a month. That may actually be my exact proper bankroll for a month. 
Then I got the monthly bonus, rakeback, and weekly bonus which will help extend my bankroll if suddenly a losing streak happens.
Here's my deal. Whenever I am losing $10 for a day, I will not continue playing anymore and then I will try again the next day and make sure that I get the lucky streak to get back all the losses. I find that possible in playing Keno. Somehow that game gives back all your losses and sometimes even more because of the big multipliers in the high-risk option.
$50 is already a lot for me, that could feed our home for like 7-8 days with the right budgeted foods. I won't waste that much for a month and as much as possible I would not end up losing it all after a month. Better, I'd be near the same amount or added more. Sports betting will be the key to increasing it, especially in the NBA.
Then I got the monthly bonus, rakeback, and weekly bonus which will help extend my bankroll if suddenly a losing streak happens. Here's my deal. Whenever I am losing $10 for a day, I will not continue playing anymore and then I will try again the next day and make sure that I get the lucky streak to get back all the losses. I find that possible in playing Keno. Somehow that game gives back all your losses and sometimes even more because of the big multipliers in the high-risk option.
$50 is already a lot for me, that could feed our home for like 7-8 days with the right budgeted foods. I won't waste that much for a month and as much as possible I would not end up losing it all after a month. Better, I'd be near the same amount or added more. Sports betting will be the key to increasing it, especially in the NBA.
January 13, 2024, 07:48:53 PM
Having a set amount, like $50, for your monthly gambling keeps you on track. It prevents you from dipping into money meant for bills or rent, helping you stay disciplined and avoid chasing losses. Stick to your bankroll to keep it fun and responsible.
And let us not be greedy as well. If we only have $50 as bankroll for our entire month activity, that would only mean that we should be gambling for fun, otherwise, it will ruin our plan. $50 is small amount, it will not bring huge profit, unless we are too smart.
Here, if we are not realistic and we aim to gain $1000 from $50 that's a huge target and you need to be an exceptional gambler to hit that huge targe. personally, if I have that kind of skills, I would not only start with $50, maybe higher, or I might borrow money to raise a decent bankroll, but like I mentioned, only if I have the skills to win.
January 13, 2024, 05:28:15 PM
Having discipline in gambling does not depend on having a bankroll or only using the money we can afford because having discipline means we take care of ourselves, so we don't gamble excessively. We know that if we gamble excessively, we will definitely spend more money, which we may not be able to accept if we lose. We may try to recover from that defeat so that we will only experience an even greater defeat.
But there may be gamblers who have a special bankroll that is used for gambling so that it can help them to stay within their limits. He feels he is able to gamble sufficiently within the bankroll limit and divides it into his gambling day schedule so that he will not try to gamble more than his limit. It will depend on how we can be responsible in playing gambling so that we can treat gambling as entertainment.
But there may be gamblers who have a special bankroll that is used for gambling so that it can help them to stay within their limits. He feels he is able to gamble sufficiently within the bankroll limit and divides it into his gambling day schedule so that he will not try to gamble more than his limit. It will depend on how we can be responsible in playing gambling so that we can treat gambling as entertainment.
January 13, 2024, 04:09:11 PM
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?
As a responsible gambler managing $50 as bankroll for the month is hard but with self-discipline it can be achieved. What I would do is simply to reorganize my strategy. By this, instead of 3 times a week, I would gamble 1 per week. If I have to increase my bank roll, then I would be very dangerous and stupid risk. Above that, it is money that I cannot afford to lose and if I lose it, I would not forgive myself. I would only increase my bankroll if my income increases and even at that, I would not increase it immediately. It may take months before I do so.
Knowing how much you can spend on your gambling, will give you the boundaries that you can only play only with such amount.
And if you will stick to it, you know very well that your gambling time is very limited as that amount is not that much.
If you happen to use some of the other funds, you should know possible repercussions and you should be aware of what's going on then.
You are risking the money that you can't afford. So are you willing to suffer such consequences and find a way how to rectify your financial situation?
January 13, 2024, 04:02:58 PM
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?
As a responsible gambler managing $50 as bankroll for the month is hard but with self-discipline it can be achieved. What I would do is simply to reorganize my strategy. By this, instead of 3 times a week, I would gamble 1 per week. If I have to increase my bank roll, then I would be very dangerous and stupid risk. Above that, it is money that I cannot afford to lose and if I lose it, I would not forgive myself. I would only increase my bankroll if my income increases and even at that, I would not increase it immediately. It may take months before I do so.
January 13, 2024, 03:51:34 PM
I am a disciplined gambler and I don't need to limit myself to exactly x% of my salary to achieve this. I don't even gamble away 10% of my salary. It's usually much less than that. Sometimes 1%, sometimes nothing. IMO if you are a problem gambler, you should attempt to limit yourself any way you can, which of course includes limiting your expenses, but I doubt this will really help you. For most people who spend too much the only way is to have someone manage their accounts and completely stop them from being able to gamble. You either have it under control or you don't. If you don't for years, you won't suddenly start to control it.
January 13, 2024, 03:46:06 PM
This can be a factor but still if you carelessly gamble with your real money then still you’ll ended up losing everything. Honestly, discipline in gambling wont happen overnight as you still need to learn it and still need to create a strategy especially in controlling your emotion. Discipline is very important and I hope that you will learn this in time so you wont lose that much.
January 13, 2024, 03:24:09 PM
Just like the way you explain bankrol of $50 for monthly stake out of $500 salary. Its a good plan of gambling or gambling investment which helps you to minimiz risk. But many people will still not follow the plan. I personally like the strategy. but we all have our differences. It will be good to use %10 of ones salary to avoid unnecessary expenses. Its just like a scale of preference which allow someone to do things in orderly manner. if everyone can use this, it will be good and will reduce risk factor.
January 13, 2024, 03:22:17 PM
I think it depends on mindset, $50 is more than enough for me for one month's gambling capital. Because my goal in gambling is not for my main income.
I consider gambling to be entertainment, winning or losing is not a problem. Just like when I use $50 to watch a movie and buy a drink, I won't expect the money back because I think the money can make me feel happy about watching the movie. It's different if I use gambling as additional income, maybe I will try my best to make my $50 bigger through gambling.
I consider gambling to be entertainment, winning or losing is not a problem. Just like when I use $50 to watch a movie and buy a drink, I won't expect the money back because I think the money can make me feel happy about watching the movie. It's different if I use gambling as additional income, maybe I will try my best to make my $50 bigger through gambling.
January 13, 2024, 03:19:02 PM
According to this article, it is unwise to gamble more than 1% of your income monthly. So for a person earning $500 per month, the ideal amount you’re supposed to put aside for gambling is $5. I doubt many gamblers follow this advice. It seems impractical, how many games can one stake in a month with such small amounts?
Earning $500 per month and then gambling $5 for a month I think they will consider this bankroll not enough especially playing slots will not feel how the game feels except Sportsbook maybe can be $5 and earn in this bet still no guarantee will win.I also wouldn't be wise with 1% still higher than that, so they won't follow any advice they will have their own comfort even though the monthly salary is small gambling still goes on.
So I will not blame anyone because each individual has a different bankroll, they also will not rely on the monthly salary alone when they have earned other sources of income then it will be made into a bankroll of more than 5%.
January 13, 2024, 03:07:09 PM
For anyone to be disciplined enough to follow through with the scenerio depicted by OP, such a one would have been planning to do such for a long time.
Such a one must also have had some gambling experience and knowledge, else how does a learner even begin to manage $50 for practice and real play?
A gambler that follows through with a real bankroll, would have made a career out of gambling that is sure going to pay off one-day, and that's a fact.
Such a one must also have had some gambling experience and knowledge, else how does a learner even begin to manage $50 for practice and real play?
A gambler that follows through with a real bankroll, would have made a career out of gambling that is sure going to pay off one-day, and that's a fact.
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