Gambling can be fun, but without proper money management, it can quickly lead to big losses. Here are smart bankroll management strategies to help you stay in control and enjoy gambling responsibly.

1. Set a Gambling Budget

Decide how much you can afford to lose—never gamble with money meant for bills, rent, or savings.
Treat gambling like entertainment expenses, not an income source.
Use a separate bankroll just for gambling to avoid overspending.

2. Set Win and Loss Limits

Loss Limit: Decide how much you’re willing to lose per session and stick to it.
Win Limit: Set a goal for winnings—once you hit it, walk away to lock in profits.

Example:

• Win goal: Stop if you double your bankroll.
• Loss limit: Quit if you lose 50% of your bankroll.

3. Use the Right Bet Sizing Strategy

Bet no more than 1-5% of your total bankroll per wager.
Adjust bet size based on game volatility (smaller bets for high-volatility games).

Example:

• If you have $100, bet $1–$5 per spin or hand to play longer.

4. Avoid Chasing Losses

❌ If you’re losing, don’t increase your bets to win it back.
❌ Take a break, reassess, and stick to your bankroll plan.

5. Take Advantage of Bonuses & Rewards

Claim casino bonuses, free spins, or cashback offers to stretch your money.
Read the wagering requirements before using any bonus.

6. Use the “Session-Based” Approach

Set a time limit for your gambling sessions.
Take regular breaks to avoid impulsive betting.

Example:

• Play for 30–60 minutes max before taking a break.

7. Know When to Quit

If you’ve hit your win or loss limit, stop playing.
Gambling should be fun, not stressful—walk away when it’s no longer enjoyable.