--- In vpFREE@yahoogroups.com, Bob Dancer <bobdancervp@...> wrote:
>Assuming we define bankroll as "the amount of money you can lose before you quit gambling," most players don't have an exact bankroll number for themselves anyway. Who among us can say, "If I lose $23,458.33 I'll quit forever and ever amen. Not one penny more!" We can say that BEFORE we begin that losing streak, but if and when that time actually gets there (assuming we can recognize the exact moment when our bankroll reaches such a level), many people will adjust their "drop dead' figure.
It doesn't need to be to the penny of course, but every controlled gambler needs a rigid stop loss limit and that limit needs to be set *before* you start gambling, not adjusted to the results. Your absolute stop loss limit is your "gambling bankroll", in other words money that you don't intend to lose but you are prepared for the possibility that you might lose it. If you don't have a rigid predetermined stop loss limit, you likely have a gambling addiction problem.
http://www.gamblersanonymous.org
