Managing a Betting Bankroll
- Define Your Bankroll – Only use funds you can afford to lose.
- Use Unit Betting – Stake about 1–2% of your bankroll per bet to avoid big drawdowns.
- Keep Records – Track all bets to learn from patterns and stay objective.
Setting Limits
- Time Limits – Limit screen time to avoid impulsive bets.
- Deposit Limits – Set daily/weekly/monthly deposit caps.
- Loss Limits – Decide a loss cap for a session or period, and stop once you reach it.
Understanding the Risks
- Know the Odds – Higher odds mean higher risk (and potentially higher rewards).
- Accept Losses – No bet is guaranteed; losing is part of the game.
- Don’t Chase – Avoid increasing stakes to win back losses.
- Avoid Emotional Betting – Stay calm whether you’re winning or losing.
- Seek Help – If betting affects your life, seek support.
