Bankroll
Also known as: roll
The total amount of money you've set aside for betting. Should be money you can afford to lose, separated from living expenses.
Your bankroll is the dedicated pool of money you use to bet; separate from your checking account, savings, or rent money.
Standard bankroll-management rules:
- 1% unit size: Bet 1% of your bankroll per wager. A $1,000 bankroll = $10 per bet.
- Flat betting: Same unit size regardless of confidence. Reduces tilt and variance damage.
- Reload only on schedule: Replenishing after losing streaks compounds bad decisions.
- Withdraw winnings: Take profit off the table periodically. It’s not bankroll until it’s spent.
The fastest way to go broke isn’t bad bets; it’s bad bankroll management on average bets.