Bankroll

The term bankroll means a total sum of money a player intends to use in online gambling activities: poker, casino games, or sports betting.

Partitioning:

To gamble responsibly and avoid financial strain, players should keep their bankroll separate from other finances.

Bankroll Management:

It’s wise to set limits on deposits, for instance, to use the right game stakes that specify a loss limit to cap spending.

Staking and Games Available:

The size of your bankroll determines the stakes at which you can comfortably play. A larger bankroll allows you to play higher-stakes games, while a smaller bankroll means you should stick to lower-stakes games to minimise risk.

Variance Consideration:

Understanding variance is key to a good bankroll management: players should budget for bankroll fluctuations, resulting from both wins and losses, since the actual short-term results can actually be far from the long-term expectation.

Follow-up and Adjustments:

Players should be frequently informed about their bankroll results in order to correct the strategy of bets and selection of game according to the current bankroll position, performed history, and general objectives.