Purewin Casino Logotype
SportsLive CasinoGamesBlog
Log inSign up

How to Manage Your Casino Bankroll

30 Apr 2022

What if we told you that there’s a way to make your money last longer and increase your winning chances by using smart bankroll management?

Managing your bankroll in online casino games is a key gambling technique. All successful Highroller players do it, so why shouldn’t you?

Managing your bankroll is a super-easy way to make sure that you’re using your investment in the best way possible.

Top three reasons why you want to manage your bankroll:

  • You’ll extend the time you can play with your investment.

  • You’ll get a better overview of your gambling, what works and what doesn’t.

  • You’ll lower any potential financial risk.

What is Casino Bankroll Management?

Alright, let’s start with the basics. The word “Bankroll” confuses some people, but simply put, your “bankroll” is the cash balance you have to play with.

If your Pure Win account balance is ₹10,000, your bankroll is ₹10,000. 

If your Pure Win account balance is ₹5,000, but you have another ₹20,000 to play with on your Paytm (for example), your bankroll is ₹25,000.

Bankroll management is a way to utilize these funds in the best possible way. If you take your entire bankroll and just gamble away without thinking about bet limits, game types, or what you’ve won or lost, your whole bankroll will be gone before you know it.

In other words, management is key.

Top 10 steps for Smart Bankroll Management

There are several different ways to manage a bankroll, but these are the top ten most important ones that work no matter how experienced you are at online casino and live casino gambling.

1. Set a budget

Setting a budget is the number one step for managing your bankroll in online casino gameplay. 

You need to take an honest look at your income, any expenses you have and establish the amount of money you have left.

You can use a section of the leftover money for your gambling budget. This will be your bankroll. Don’t ever gamble for money you can’t afford to lose!

2. Structure that budget

Once you’ve got the size of your bankroll figured out, now’s the time to spread it out. Do you play a bit every day? Or do you only gamble one day a week, or maybe a mix of both? 

You’ll want to specify how much money you can play for so that you can make sure that you’ve got enough money to invest during each of these days.

3. Hold on to your profits

A great way to ensure that you are profiting from your casino bankroll management is to “bank your winnings”. This means that you’ll move your winnings to a separate location, like your Paytm account.

When playing away, it’s sometimes hard to keep track of what’s winnings and the initial cash balance. Keep them separate for a better overview.

4. Play responsibly

Losing is part of gambling. So don’t allow your emotions to take the upper hand when this happens. 

The key to good bankroll management is control, so don’t chase your losses or play when you are angry, frustrated, or intoxicated. You’ll be very likely to place risky bets or bets that are higher than normal.

Pure Win has a set of Responsible Gambling tools that can help you stay in control.

5. Use a Pure Win bonus

Use our Pure Win bonus offers to your advantage. A cashback or deposit bonus can allow you to top up your cash balance with extra money. 

All you have to do is check the terms and conditions for the bonus you wish to use and meet the wagering requirements.

Just keep your bankroll in check when wagering a bonus! It’s easy to get blinded by bonus terms when playing to meet these.

6. Play to your advantage

Did you know that some games have higher winning probabilities than others? If you’re playing to maximise your chances of growing your bankroll, you might want to play games with higher RTP.

Online Blackjack and Craps have the highest RTP of any live casino games, while Roulette offers several 50/50 bets, just like Andar Bahar.

However, slot games with low RTP and a progressive jackpot could be your ticket to crorepati-land and should therefore not be neglected.

7. Check your bankroll

Although you’ve set up your bankroll and spread it out on your gambling days, it’s good to check it from time to time. 

Bankroll management will mean that you’ll have money going in and out of your bank account. 

Check in from time to time to make sure that you’re not sliding off track by spending too much.

8. Keep a record of your gambling

Just as checking your bankroll can help you stay on top of things and spot patterns, checking your gambling is also a good idea.

Here at Pure Win, you can see your gambling activity on your Accounts page. Here you’ll get an overview of games played and bets placed. 

If you notice that you’re doing better in some games, you might want to focus on playing that game more.

9. Use a strategy

Gambling strategies are not for everyone, but when playing games like Blackjack and Craps, they are essential to obtain the lowest house edge! Following a strategy will also give you a better overview of your gameplay. 

Just make sure that you’re using a strategy that fits with your budget. For example, low stakes players should not use Martingale strategies.

10. Know when to stop

Finding the best bankroll management for you takes time. If you’re managing your cash balance and it doesn’t feel great, see if there’s anything you can change about it.

Gambling is a form of entertainment, and it should be fun to play! If you’d rather just say, “I just want to play for ₹20 a day”, then do so. Deposit ₹20, and play for that. Maybe even play for your winnings, or don’t; it’s up to you.

The most important thing is that you are having a good time doing it. If anything at all doesn’t feel right, see if our responsible gambling tools can help or reach out to our customer support for assistance.

Recommended posts

When to Double Down in Blackjack
20 Apr 2022
What are your chances of winning in online casino games?
17 Apr 2022
Which are the Best Numbers in Roulette?
15 Mar 2022