The most important thing in managing money when gambling online is to clearly understand one’s goals and aspirations.
Do you want to clinically play a system to try and grind out regular winnings, or do you enjoy the adrenaline rush of placing some gutsy bets more than any other aspect of the game?
Do you want to try and make as much money as possible, or do you just want to make sure that you always have a reasonable amount in your bankroll with which to have some fun?
Each approach will have implications for how you approach money management, and it is vital to be completely honest with yourself at the outset so that you can play and manage your bankroll appropriately. Of course this decision is also informed by how good you are, and you need to be just as honest about that. The golden rule of managing your gambling bankroll, if there is one, is to keep your gambling bankroll strictly separated from your other funds, that you would use for living expenses. [Read more…] about Responsible Online Gambling Bankroll Management