Have you ever noticed how, even when you think you're managing your bankroll well, you still end up chasing losses, and instead of recovering, you dig a deeper hole? That's usually a sign that your bankroll management isn't as solid as you thought.
Proper bankroll management isn't just about setting limits, it’s about sticking to a disciplined plan. And by “proper,” I mean betting a small percentage of your total bankroll something really conservative, like 1% or at most 2% per bet. If you follow that strictly, you can avoid the frustration that comes with a losing streak. Even if you lose 5 bets in a row, you're not wiped out and you don’t feel desperate. The key is having a plan and actually sticking to it. Most of us fail on that second part.
Is the right word solid? Because I feel that a greedy gambler with solid bankroll is still a greedy gambler, even with that solid bankroll he is bound to mess things up. If a gambler makes money every month and use half of the money on gambling it's mismanagement of fund, even if they don't have any bills to sort out they should save most of the money in the bank instead of using half of the money to gamble.
Gambling shouldn't take more than a percentage of your salary every month, but as greedy some gamblers can be, that one percent will bring small amount of money in gambling because it's too small to them.
I agree that having a cheap plan and stick with it is the way, don't have a costly plan on gaming it's not going to worth it, the cheaper the money we risk on gambling the better we will all feel.