|
To exercise correct bankroll control you first need to define your bankroll. While many players will simply withdraw some money and play the nearest casino game, this isn’t what a professional would define as a bankroll. In real terms, your bankroll is a lump of money that you’ve purposely separated from your main finances. Moreover, your bankroll is an amount of money you can afford to lose.
Once you’ve defined you bankroll you need to break it down into pieces that give you the best chance of making a healthy profit whilst keeping your risk of ruin (going broke) low. As a general rule you should aim to break your bankroll down into 10 or 20 amounts. This means that during any one session of blackjack, roulette, craps or baccarat you’ll be risking no more than 5%-10% of your money.
This process is important because it means that during a session with the likes of Unibet where you suffer a huge amount of bad luck you’ll only lose a small part of your bankroll. Sticking to your session limit will also allow you to make a decent profit in relation to your overall bankroll. Indeed, let’s assume that your overall bankroll is $1,000 and you have broken it down into ten $100 bundles. If you manage to double your $100 during a single session of blackjack you’ll have increased your overall bankroll by 10%, which is a very handsome return for a professional gambler.
Handling your bankroll take discipline and patience. Many amateur gamblers want to make as much money as possible even if it means risking everything they have. However, if you want to give yourself the best chance of winning money for a long period of time you need to stick to some strict financial rules.
|
