Bankrolls and Buy-ins Keys to Advantages

[alrelax]

A topic discussed at length within my circle of gaming friends as well as online venues, has been Bankrolls and Buy-ins.

Through my experience and absolute conclusion, the proper Buy-in would be 10% but no greater under any condition than 15% of the persons Bankroll.

BANKROLL.  Your total funds set aside for gambling risk.

BUY-IN.  Your funds at risk you bring to the casino for each session. 

EXAMPLE BANKROLL.  $10,000.00.  Buy-in per session would be $1,000.00 to $1,500.00, depending upon your comfort and confidence levels.  Bankrolls are also non-accessible from the casino.  Only the Buy-in is taken to the casino on the gambler' person.

REASONING. Dividing up your Bankroll funds gives you multiple chances to win. Realizing dedication and being goal driven with very clear, decisive and definitive numbers. Playing the session in relationship to those three things.  Not playing at any point with the frustration and desperation if you lose, you are out of funds for your gaming pursuits (unless of course you are down to your last session because you somehow wiped out a proper Bankroll with reasonable session Buy-in percentages).

PROTOCOL.  PLAYER ADVANTAGE.  Buy-ins must be religiously and repetitively used to accumulate win money for the current session's play/risk funds. Once the Buy-in is exceeded, the gambler must lock back up his Buy-in.  The win money will determine the length of his session. Sessions can continue as long as he risks only 1/3rd to 2/3rds of his win money. If he exhausted his Buy-in without winning any funds, the session must end.  Period!

POST SESSION.  Gambler must return his Buy-in to his Bankroll to replenish previous losses, if any. Win money must also be returned to his Bankroll to replenish previous lost money, if any.  OF THE UTMOST IMPORTANCE:  If the gambler is 100% whole with his Bankroll, then he must use the win money outside of gambling to keep a clear and concise frame of mind, so he will not fall into the trap of always believing he will be able to win more and more. This will also put him at an advantage for realizing tangible purchases or uses that his win money created for him.  I.E.:  Pay bills, buy household items, pay down loans, purchase reloadable cards for daily/weekly expenses, etc., etc.

BANKROLL SIZE:  A controversial subject, but in my lengthy experience as well as countless gambling friends and partners experiences, it is of the upmost gamblers advantage to keep the same Bankroll size for a lengthy period of time.  And, not to always have the desire only to win for the purpose of building his Bankroll larger and larger. Doing so brings false hopes, harder session goals, and all types of fallacies which will ultimately cause greater and eventual losses in almost every single case. Bankrolls should be set by the gamblers comfort level, confidence level, and financial ability to be able to risk his entire Bankroll.

[AsymBacGuy]

Good suggestions for sure (and I really mean it) but without a verified edge the player's bankroll will invariably decline no matter how sophisticated is our MM.

Nonetheless it's very likely 99,9% of the bac players aren't going to follow those guidelines as they will try to replenish the buy-in lost in the previous sessions, often by wildly pressing their bets.
Paradoxically doing so they are lowering the math disadvantage by implementing the 'Bold strategy' that teaches us that at any EV- game the best move to adopt is betting large amounts in just one hand or very few hands.

I mean that if we play with an edge the more we play the more we'll win (so the session concept is worthless), but in absence of an edge MM procedures just dilute the eventual loss of the entire bankroll.

Naturally if every player would follow your guidelines casinos will win a lot less money than they actually do.

as.

[alrelax]

For clarification.  I did not intend to influence people to use what I wrote with wildly or guessing type of consistent betting, etc.

I intended it to be used within a solid M.M.M., and of course, along with some type of wagering as we have discussed whereupon the gambler has advantages.