The importance of discipline, and bankroll management in gambling is hard to overestimate it is the foundation of your safety. I want to briefly go through the most important aspects, that will help you effectively manage your money in gambling.
- First of all you need to set a budget, that you will use only for gambling you can store it however you like, and it is not necessary to send it all at once to the casino deposit you can do it in parts. The most important thing is that you know exactly how much money you have for gambling, and never exceed this amount.
- Determine your bet size and limits. I mean a limit you can't exceed for a certain period (day, week) and also time limits, that you will not exceed this, will help you avoid emotional strain, and excessive expenses.
- If you take gambling seriously try to keep track of all your bets, wins and losses, this will help you better understand where you achieve the best results type of bet (championship and so on).
- Don't try to win back your losses. Every player experiences losing streaks after which there is a desire to recover, and for this increase the bet, but this should never be done. Accept a loss as an inevitable part of gambling, be ready for it, and strictly stick to your bet limits. If you feel tired take a break it is always good for your emotional stability.
Basically this is a small list of rules, that will help you especially if you are just starting your way in gambling.
You can add rules from your experience to this list, it will be welcomed.
This is the most crucial part of it that needs urgent attention, lost chasing is what normally brings addiction in gambling, if we can get rid of that mindset of "I don't want to lose" I always want to get it back by fire by force then every thing will just be normal. Gambling is a game of chance, either you win or you lose, if you win then know luck has smile on you but if you lose never panic take it in good faith, don't let it way you down just know it's normal.
However, our personal perception about gambling also go a long way in our daily gambling activities , because it can determine our purpose of gambling either for fun or source of income.