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.
If we are able to handle proper management of our bankroll, it is a sign that we are doing the right thing, especially when we are gambling. I also believe that this kind of handling of bankroll management is a sign that we have discipline no matter how much our funds are divided into.
Because if we cannot do this, we will always lose quickly and we will always be tempted by greed every time we gamble in which it can lead us into gambling addiction something like that.
Gambling is good and gambling is bad, it depends entirely on the gambler. Gambling is good for those who gamble for fun because they can enjoy gambling, but this enjoyment becomes a curse for some gamblers. If you pay attention to bankroll, proper control of money, regular gambling, strategy, it is definitely possible to stay away from gambling addiction. However, I value money control the most, because if a gambler can control his money properly, he will definitely stay away from gambling addiction.