Wednesday, September 24, 2014

2 Strong Reasons Behind Inefficient Bankroll Management

Different bankroll management tips have continuously cropped out in an attempt to prevent players from spiraling down into bankruptcy. Interestingly, many are still experiencing bankroll-related problems.

What drives members to go beyond their limit when playing in land-based and online casinos? What makes them fall in their own booby trap without any possible means of escape? This is what this feature tries to uncover.



Bankroll management is a skill
Yes, you heard it right. Bankroll management is a skill. It has to be honed and practiced frequently for you to become an expert at it. Unless you observe and employ this on a regular basis, you will never get away with the risk of being bankrupt.

Bankroll management is not just a list of advice that tells you what to do or avoid. These are series of skills that you should develop throughout time.

The problem with most players—to be more specific, the chronic gamblers is they hardly apply what they learned. Knowledge without action is plain useless.

Ego over logic
Another reason behind inefficient bankroll management is prioritizing ego over one’s logic.

You do not wager your last cent just because you have this “winning attitude.” You do not expose yourself to compromising situations just because of your strong belief that you are a natural born champion. A little bit of self-confidence is good. But overdoing things can bring you more trouble.

Maintaining a healthy bankroll is not easy. Indeed, it is difficult. Yet, via changing your perspective over this matter, this seemingly impossible task becomes as easy as ABC.


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Image Source: Steven Depolo via Flickr

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