In gambling in general and in sports betting in particular, bankroll management is very important. It is really important because it helps to avoid financial disaster. But if you play not only for fun and thrills, then we should also remember about strategy. Many people implicitly try to replace strategy with bankroll management. But I think you will agree with me. We forget about strategies all the time. Bankroll management is not a strategy. Bankroll management only helps you not to lose your bankroll immediately. You will lose your bankroll gradually, slowly, but still you will not avoid losing your entire bankroll, because most likely you do not want to know anything about strategies or even replace them with bankroll management.
Do you agree with me? Or do you think that bankroll management is a strategy?
There’s no strategy on gambling that will help us to win because all gambling games has house edge and rely on luck except for skill based game.
The only strategy we can apply is bankroll management to minimize our losses since that’s the only option we can have on gambling when it comes to application of strategy.
Bankroll is manage is not a strategy directly for gambling games rather a strategy to minimize our losses.