Understanding Roulette and the Importance of Player Bankroll

Vivo Gaming reveals the importance of understanding roulette and player bankroll management. Check out a full review of the developer’s insights! (Image by Stefan Schweihofer from Pixabay)

It has been a while since I’ve scanned the Vivo Gaming live casino official blog and news pages, but recently I did and came across some educational content directly from the award-winning live dealer software provider.

In the past, I have analysed the developer’s take on a number of topics, and once again there are so many to choose from. For example, How Technology is Changing Baccarat, The Psychology of Roulette, and many other interesting topics.

However, the one that stuck out the most was another topic surrounding the popular game of roulette. The title – ‘How Players Can Manage their Bankroll in Roulette’. This is by far one of the most important strategies above all when maximising your wins and minimising your losses.

Whether you are playing speed roulette, auto roulette or roulette with multipliers such as Lightning, Quantum Roulette, Mega Roulette, and, well let’s just say all variations of the game, this guide comes straight from horse’s mouth giving you the best tip presumably coming via recorded stats from its huge array of online casinos the brand supplies live roulette titles via B2B live dealer contracts.

In this guide, you will learn additional information you can combine with our extensive live roulette table gameplay guide, which includes RTP stats, comparisons of different roulette variants, and roulette casinos with bonus offers.

Defining Bankroll

In simple terms, bankroll refers to the funds set aside strictly for gambling. This term isn’t exclusive to roulette, as players can also set aside bankrolls for games such as blackjack, poker, and live slots. Maintaining a bankroll is essential as it separates the funds allocated for entertainment, such as gambling, from other necessary expenses. This distinction is a key part of responsible gambling practices and helps gamblers distinguish between their gambling activities and real-life financial responsibilities. On average, UK gamblers spend about £2.90 per week on gambling. While this amount might seem small, unmanaged spending can quickly escalate, leading to financial problems. Therefore, operators must prioritise protecting players and encouraging responsible gambling practices.

My Opinion: Well said! More specifically allocating only 5% to 10% of your bankroll to each session, setting session playing times, and dividing your 5% to 10% bankroll into 50 to 100 spins according to the time limit you set.

Providing Players with Play and Spending Insights

As an operator, it is crucial to help players monitor their activity by providing detailed play history and spending insights. Reports outlining the duration and amount spent on games can enable players to review their gambling expenses and set personal budgets, a critical component of managing a roulette bankroll. If game developers can include this information and sync this tech with the live casino platform, players can see where they are losing money and improve their betting ratios.

My opinion: A great idea. Also, developers, where possible should apply in-game reality checks and indicators showing bet risk versus reward and current profit/loss to cover for casinos that do not offer these tools.

Encouraging Self-Imposed Limits

The key to managing a roulette bankroll is setting spending limits. Operators have a responsibility to offer players a way to protect themselves from overspending by chasing losses and exceedingly daily, weekly or monthly budgets. The solution is to offer responsible gambling tools to set deposit, loss, and bet limits. The system should delay requests to change these limits by at least 24 hours, and in the meantime, prevent players from continuing real money gaming if a loss limit is reached.

My opinion: This safety measure encourages cautious money management. All UKGC and MGA online casinos offer responsible gambling tools. You will also find some live casino establishments operating under the Curacao licensing cert also offer these tools, such as SOFTSWISS casinos.

Responsible Gambling and Bankroll Management

Responsible gambling is a growing concern for both players and operators. By understanding and implementing the guide provided, live casino software developers like Vivo Gaming can help players manage their bankrolls in roulette thus giving them a helping hand in ensuring members do not spend beyond their means. This creating a safer and more enjoyable gambling environment. In addition, form an ethical point of view, the idea is to promote gambling entertainment, which in essence is a hobby and not a get rich quick scheme. That means accepting players will lose less, which results in less profits. In exchange, casinos can operate their platforms in good conscious that they are doing everything they can to ensure ‘fun’ is key to real money roulette gaming.

Credentials that speak for themselves: You can check out the guide here via the official Vivo Gaming – How Players Can Manage their Bankroll in Roulette advice page.