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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