Quote from: Hewlet on Today at 05:58:09 AM

Quote from: Troytech on May 21, 2024, 11:44:48 AM

Remember, Bankroll Management is essential for responsible and successful gambling. It helps you stay in control, make informed decisions, and maintain a healthy relationship with gambling.

the main reason why gambling addiction is on the increase and people are still struggling to break free from it and are still unable to do so is because most people just go into gambling without a single plan at all and end up allowing there emotions to come in Thier way making them to continue gambling as long as the funds is in Thier disposal and only realizes they've gone too far at the moment they've lost all thier fortune to gambling.

proper planning isn't a concept that should be joked with in life or else you put yourself in a situation were you just allow things to fall into place by chance and become an unfortunate person most of the time.

For me, it's necessary we first off establish the fact that gambling isn't supposed to be your primary hustle. You don't gamble as though it's your surest root to wealth creation. Set out a weekly amount you wouldn't go above regardless of the urge to doing so, and even when you're lucky at a certain week, don't try to be too smart and go all in to increasing ty amount all of a sudden. The big players win big and there is no doubt about that but most of them are financially strong to athe point were losses don't move them that much and they can easily recover from thier losses in there next big win and even if it doesn't come as fast as expected, they wouldn't still be at a serious diadvantage as most of them have an active business that's still fetching them money. As much as possible, don't ever get tempted to gamble with your business money regardless of the urge. It's an irresponsible act and wouldn't serve as a good recipe for your business growth in the long run.

Enjoy your gambling but the key has always been to Gamble responsibly.

Most gamblers hurt themselves when they look up to some "successful gamblers" as role models or even engage in an unhealthy competition with these successful gamblers without taking out time to evaluate the financial positions of these gamblers they look up to and themselves. Most of these successful gamblers are already rich and can spend huge amounts of money on just one game without feeling the impact of that amount that left their bank accounts. Obviously, they are gambling with amounts they can afford to lose.

Imagine a common gambler who is not doing so well for himself aiming to gamble above his limits, the end can disastrous if he is not lucky. This set of gamblers need the lessons on how to manage their bankroll the most. If they can successfully manage their bankroll, then that's a good way to start with instead of engaging in unnecessary competitions with those that are far ahead of them in terms of finance and effective risks management.