Your betting bank or bankroll is essentially the amount of money that you’re willing to invest, and risk, in gambling. So grab your pen and take note of these tips on how to effectively manage your gambling bankroll. The other part is knowing how to properly manage your money.

As any experienced gambler will tell you, learning how to play games of chance is only part of your efforts. But thinking that you can always win more money than what you started with is a mistake.

When most people gamble, they are just playing for fun and will gamble with their extra pocket money.