Bankroll management is not optional. It is the foundation of sustainable decision-making.
A simple unit system
- Define your bankroll (money you can afford to risk).
- Set a unit size (e.g. 1 unit = 1% of bankroll).
- Only increase stakes when your bankroll grows over time.
Variance and discipline
Even strong analysis can lose in the short run. Your goal is to keep stakes small enough to:
- avoid emotional decisions
- protect downside
- learn from a long sample size