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Bankroll Management Tools

Professional tools to manage your gambling budget and optimize bet sizing

✓ Kelly Criterion
✓ Risk Analysis
✓ Performance Tracking

Bankroll Management Tools

Popular
Bankroll Management Calculator
Beginner

Calculate optimal bet sizes based on your total bankroll and risk tolerance

Features:
Kelly Criterion
Fixed Percentage
Risk Assessment
Bet Sizing
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Bet Sizing Calculator
Intermediate

Determine the perfect bet size for any game based on your bankroll

Features:
Multiple Strategies
Risk Analysis
Expected Value
Variance Control
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Risk Calculator
Advanced

Assess the risk of ruin and optimal gambling strategies

Features:
Risk of Ruin
Probability Analysis
Safety Margins
Long-term Projections
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Popular
Profit/Loss Tracker
Beginner

Track your gambling performance and bankroll changes over time

Features:
Session Tracking
Historical Data
Performance Charts
Goal Setting
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Stop-Loss Calculator
Intermediate

Calculate optimal stop-loss limits to protect your bankroll

Features:
Loss Limits
Session Limits
Daily Limits
Recovery Analysis
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Unit Size Calculator
Beginner

Determine your standard betting unit based on bankroll and game type

Features:
Game-Specific Units
Risk Adjustment
Bankroll Percentage
Conservative/Aggressive
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Bankroll Management Strategies

Kelly Criterion

Medium Risk

Mathematical formula for optimal bet sizing based on edge and odds

Best For:
Experienced players with proven edge
Formula:
f* = (bp - q) / b
Pros:
  • Mathematically optimal
  • Maximizes long-term growth
  • Considers edge and bankroll
Cons:
  • Requires accurate edge calculation
  • Can suggest large bets
  • High variance

Fixed Percentage

Low-Medium Risk

Bet a fixed percentage of your bankroll on every wager

Best For:
Conservative players and beginners
Formula:
Bet = Bankroll × Fixed %
Pros:
  • Simple to implement
  • Bankroll protection
  • Steady growth
Cons:
  • Not optimal mathematically
  • Slower growth
  • Ignores edge variations

Fixed Amount

Variable Risk

Bet the same dollar amount regardless of bankroll size

Best For:
Recreational players with stable income
Formula:
Bet = Fixed $ Amount
Pros:
  • Easy to track
  • Predictable losses
  • Simple budgeting
Cons:
  • Doesn't scale with bankroll
  • Risk of ruin increases
  • No growth optimization

Proportional

Medium-High Risk

Adjust bet size based on recent performance and bankroll changes

Best For:
Experienced players who track performance
Formula:
Bet = Base × Performance Multiplier
Pros:
  • Adapts to performance
  • Captures winning streaks
  • Responsive to bankroll
Cons:
  • Complex to implement
  • Can increase during variance
  • Requires discipline

Essential Bankroll Rules

Never Bet More Than 5%

Critical

Keep individual bets to 5% or less of your total bankroll to minimize risk of ruin

Separate Gambling Money

Essential

Keep your gambling bankroll completely separate from living expenses and savings

Set Win and Loss Limits

Important

Decide beforehand when to stop playing, whether you're winning or losing

Track Every Session

Important

Keep detailed records of all gambling sessions to understand your performance

Review and Adjust Regularly

Helpful

Regularly review your bankroll management strategy and adjust as needed

Game-Specific Bankroll Recommendations

Blackjack

Bankroll Needed:
100-200 units
Recommended Bet:
1-2% of bankroll
Minimum Bankroll:
$500 for $5 tables
Reasoning:
Low variance with proper basic strategy, allows for smaller bankroll

Slots

Bankroll Needed:
200-500 units
Recommended Bet:
0.5-1% of bankroll
Minimum Bankroll:
$200 for $1 spins
Reasoning:
High variance requires larger bankroll for extended play

Roulette

Bankroll Needed:
150-300 units
Recommended Bet:
1-3% of bankroll
Minimum Bankroll:
$300 for $5 tables
Reasoning:
Medium variance, bet size depends on bet type (inside vs outside)

Poker

Bankroll Needed:
20-50 buy-ins
Recommended Bet:
2-5% of bankroll per tournament
Minimum Bankroll:
$400 for $20 tournaments
Reasoning:
Skill-based game with significant variance in tournaments

⚠️ Critical Bankroll Management Warnings

• Never gamble with money you can't afford to lose - Only use discretionary income for gambling

• Don't chase losses - Increasing bet sizes to recover losses often leads to bigger losses

• Set strict limits - Decide on loss limits before you start playing and stick to them

• Take regular breaks - Step away from gambling regularly to maintain perspective

• Seek help if needed - If gambling becomes a problem, contact gambling addiction resources

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