Re: Would You Be Happy Earning 10% of Your Bankroll monthly?

Experts treat gambling as a source of income, so they bet on themselves because they’re confident in what they’re doing and believe they can be profitable. These are the ones who raise a realistic bankroll and set realistic targets. let's say on average, if their funds grow by 10% in a month, they’re already happy because over time, it compounds.

Ordinarily, people tend to recommend that you make 10% in savings from your monthly income and should you be earning 10% from your gambling bankroll, I think it’s to the same effect or result which is a good one. For some, it might depend on what your bankroll is but, that’s still positive you know and in a way, you stay profiting. It however shouldn’t motivate you to wish to have a larger bankroll as this is still gambling and loosing can some with such ease that would be regrettable thereafter.

10% is actually more than letting your money earn interest from a bank. Most of the time you can only earn less than 1% annually from your bank deposits. So if you can guarantee 10% earnings from your gambling activities monthly, that would be great. However, this is gambling, so don't expect that you will truly earn 10% from your games every month. The more likely will happen is losing 10% of your funds from gambling.

10% is more than you'd earn from a bank in a year, actually much more yes. There is nobody in the world that can guarantee any kind of return in any amount of time. As I explained in an earlier post in this topic, these numbers are crazy! Just with starting with $100. Cheesy

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Year 1 $313.80
Year 3 $3,144.90
Year 5 $31,551.30
Year 7 $316,598.30
Year 10 $13,780,612.30