Bankroll Management

[seanwattson]

Hello everyone! I hope everyone is well and is having profitable days. I am writing this as a firm of learning skills to  become a better player. This varies by person and wagering habits and I will have to admit that I need better attention toward my habits but here we go......!

We sometimes think about our next deposit. We also need to think about how long until we are able to do a 2nd deposit.  I myself, get paid every 2 weeks. Now that being said I will count how many days I have left until I make said deposit and divide that number with the amount of deposit being made.

For example, deposit 159 and I get paid in 5 days. The best player should be strict with their wagering. So 150/5 equals 30 a day. So I will put the 120 in vault and play very tight with my money and hope to get it up more. If I have a good win, I will put the original 30 back in and the balance I have left is free to play. Do what you want! Play heavy or tightly. Just try to keep an amount in your head and when it hits that number either a.) Withdraw or b.) Vault. The problem is sticking with this plan though!

[Nicol3]

That is a good habbit of yours! I salute you for being self disciplined. Though if you are gonna ask me, it would be better to withdraw than to put it on vault becaus eyou atill have the urge and its easy to open up your email and confirm another withdrawal. If you withdraw it it would take sometime for you to deposit back especially if its in BTC due to waiting for confirmations. SO you'd have to think twice to deposit again especially if blockchain is too busy! Just sdaying! Goodluck in all your future games mate! Happy New Year!

[rdbase]

Bank roll management is the best possible way to keep your balance up and not have it end up at 0 at the end your betting session.

I think moderation is also a good habit to follow when it comes to keeping inflow to your bank roll as well.

Good luck with your betting formula and keep the winnings coming in.

[Dp10011]

Banking management is the best way not to lose everything desperately. The year is too big. So why waste everything in one day?

Otherwise it is very easy is with a good balance today and very poor in a moment.

[GKD09]

I personally have never used the vault, but unconsciously I still do the same making sure I don't go below a certain amount. 

And in many cases this has helped me, by using a margin rather than like a hard stop when your balance ends. 

Apart from that yes bank management is crucial. Never think about your previous losses and don't expect to win recover with single large bets. 

Don't redeposit just after you have lost to cover up as well that'll just make you very prone to busting that as well. 

[htetaungxx]

Hello sean,
You are well managing for gambling and you got nice idea for backroll, that how use for it.
As for me, I didn't make a plan for bank roll before. I like tour idea and I really need to to like that .  

[evet]

Yeah I agree, we often came mentally prepare before playing but then later on we forget our goals and become greedy. I have set my own game plans too but then I find myself rage betting and busting because I lost my cool. Regrets follow ofcourse.

[Sped]

Hello Sean,

this is a great idea and thought process haha!

My problem is I never manage my money correctly, so when my emotions get the best of me I lose my temper and lose all my money.
I feel with this strategy I will be forced to play more safely and better! Thanks!

Have a great day!

[Ali saher]

I think when we lose one deposit we must give some break to 2nd deposit because this time we not prepared and not play relx game we try recover fast so we play risky bets and we lose again I think minimum 1,2 hours must give break 2nd deposit

[Ayesha0770]

I kind of agree with that well since I vaulted what earn or made a profit I really make something out of stake I dont really play that much on everyday and having a profit of 50-70k sats is good to me I don't really need to push my self to earn more and I'm here to have so fun so it doesn't matter to me 

[seanwattson]

I hope you all enjoyed this and let us apply what we learn. You can read all you want but if you dont apply what you learn are you even learning it? So apply what you have taught yourself to master the skill!

[williamshennie9]

Bankroll management is one of the most important things you need to master to be a successful gambler. If you can't control the money you have, you will never be able to make a profit.

[weswayahe]

it's a good idea if you make deposits on a regular basis. but my experience of saving money in a safe is not good for me. although it takes a little time but it's very easy to get it out and use it to play. 😁😁

[sheenazbay]

wow, I never thought to manage my finances like you, when I make a deposit, then I will play with all the balance that I have. yesterday I depo 1500 xrp and I played it all, nothing I saved in vault and finally lost it all

[Thepug]

Even if you are good at maintaining your bank roll, many players still find it extremely titling when they have a large losing streak. This makes it more likely that they take out more money from their vault and they end up using it.

The best way to manage your bank roll is to have deposit limits on the site. To my knowledge, I don’t think that this is available on the site yet and it could be implicated if you contact support to limit your account, or in the future it might be added.