Bankroll Management: How To Effectively Manage Your Bankroll

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bankroll management how to effectively manage your bankroll

1. Set a realistic budget.

Before you start betting, figure out how much money you can afford to spend on entertainment, which includes betting. Always consider your disposable income (what's left after the bills and essentials), how often you plan to bet (regularly or just for big events), and how much you are willing to lose and reinvest. Set a budget and stick to it while gambling.

2. Decide on your unit size.

Now that you have set a budget, it's time to decide on the unit size-the amount you will bet on each game. While deciding the unit size, keep in mind to: