Definition of Bankroll

What does the term "bankroll" mean in the world of online casinos? What is meant by the term "bankroll"?

When playing at online casinos, your "bankroll" is the total amount of money that you have to bet with.

This doesn't just mean the amount of money that you are prepared to lose in a single session - your bankroll is ALL of the money that you have allocated for playing at online casinos.

It's very important to establish the amount of your bankroll before playing. What is the amount that you are willing to lose? It is very important to establish that before playing so that you don't lose money that you can't afford to lose.

It is also important to utilize bankroll management.

For instance, let's say that you have $2,000 that you have set aside as your online casino "bankroll".

Now, how are you going to allocate this money? Are you going to bet $2,000 every time you sit down at an online casino table, or are you going to practice proper bankroll management?

For instance, you might decide that you are going to have a maximum loss on any one day of $100. If you lose $100, you will shut it down for the day.

You also might have a rule that says that if you are up $500 in profit, you will quit for the day and add half of this money to your bankroll.

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Your bankroll is essentially all of the money that you will be comfortable losing while gambling.

As mentioned, it is essential to figure out your bankroll ahead of playing, and to not co-mingle your gambling bankroll with the funds that you need to live.