Bankroll Management
betting
Pronunciation: BANG-krohl MAN-ij-ment
Definition
Strategy for allocating and sizing bets to reduce risk of ruin.
Detailed Explanation
Bankroll management involves setting a budget, choosing bet sizes (units), and adjusting stakes to survive variance. Common methods include fixed-unit betting, percentage-of-bankroll, and stop-loss/stop-win limits.
Usage Example
"He used 1% units for solid bankroll management during a long blackjack session."
Philippine Context
With popular e-wallets like GCash/PayMaya, players should separate gambling funds and set transfer limits to avoid overspending.
