Post
Topic
Board Gambling discussion
Re: Your betting budget
by
ethereumhunter
on 25/07/2021, 13:25:47 UTC
Managing your money at a casino requires self-control. Nice to see that you have full control over your money reserved for gambling purpose. Successful casino gamblers understand the math and odds behind the games, but discipline with money is also critical.

I think many casinos now are concerned about this and they provide something like vault system to people can maintain their money. and it's true self control is very important in managing anything. Back to the initial point in the betting budget, it all depends on the individual and their goals. if for fun maybe only a few % for their asset but for those who are looking for profit most of them put big capital for sure.

It really is, if you are a high or low roller and of course, your financial situation. It is hard to bet big if you are just relying from your work money. A lot of high rollers have their own businesses. In my case, I'm just a small time player, using only extra funds to bet. So whenever I log in, I know already how much I can "waste" on the games. I say "waste" because most of the time, I will use all my funds that I deposit before I stop playing.
For me, gamblers with a short time with little money are still possible to aim for profit, so big and small money management must still be considered. Because with such discipline at least the budget for gambling can be minimized and not maximized, because if you think a small budget is just a waste it allows you to continue to make small but frequent deposits. This will actually be more dangerous for your finances.
Those gamblers can aim for profit, but they need to realize the other thing, such as luck, because no matter what, we need the luck to profit from gambling games. And with discipline and self-control, that will make us know when to stop playing and do not spend more money because that will add more risk. Playing gambling with a small budget is okay as we are afraid to lose much money, which the gambler should do. As long as we can manage the money for playing gambling, that will not be a problem.