How much can you make from crypto gambling?

Its hard to make money from crypto gambling but its not impossible. With a proper bankroll, risk management and a game plan, its definitely possible to earn from it consistently.

The most common mistake made by all is that not withdrawing in profits and depositing your entire bankroll all at once.

To be profitable in gambling you must withdraw profits and only risk not more than 10-25% of your bankroll while gambling. The safest way to not risk more than 10-25% is by depositing only 10-25% of your bankroll.

Now lets get to the real question.

How much can you make from crypto gambling?

You can easily make 15% daily safely of whatever amount you deposit. It does not mean that you can deposit infinite amount and still make 15%.

Every site has their own bankroll limits for most average user it won't be big of an issue as no one is going to deposit $100,000 on one site and gamble.

Is there risk involved?

Yes, like any other things where money is involved there is risk involved too so that's why I suggested earlier to not deposit 10-25% of your entire bankroll into any crypto gambling site.

Putting stop loss and setting limits will help you but we are after all humans and sometimes we get carried away by emotions when things do not not work in our favour. The biggest safety net is your bankroll that you set aside first to help you in the recovery when you need to.

Those that say there is no risk involved are either lying or extremely lucky or they are not gambling at all. Loss will happen its how you handle the loss thats going to decide whether you come out a winner or loser.

There is always a lesson you can learn from every mistake/loss. Do not be that gambler who never learns from their mistake/loss and make the same mistake multiple times.

Should you deposit all at once and make good profits?

This is the number one mistake that all makes. When I do started out I made this mistake too. Now I never have more than 10-25% of my bankroll on any crypto gambling site.

TIP: The best alternative to use your full balance and still be safe, is to have account in at least in four different sites. If you have a bigger bankroll sign up to even more sites. Do not just gamble in only one site. Its hard to make profits if you only gamble in one site.

You can get the full list of all the best crypto gambling sites here: Best crypto gambling sites.

Why withdrawals is a must?

Unless you withdraw its never a profit, the site can always take it back from you.

TIP: Some crypto gambling sites allow users to make a second account which you can use as a bank account where you can tip even small amounts too. Use it to your advantage for easy and fast withdrawals.

Sites that you can do that: Luckygames, CasinoRoyale, Bitsler, Stake, Primedice

* Never gamble in your bank account if you are going to do that, there is no point in even making it.

When should you withdraw?

Once you have made a profit of 100% of your initial balance its must to withdraw. Withdraw all your profits immediately.

If you have a larger bankroll and you can do it daily, do it too. Its easy to get carried away in the chase to make more profits and at the end losing it all in the recovery game.

How much amount should you invest and start with?

You can start with any amount some people started with even faucets or few dollars and made it big. Its just that you need to put in a lot more effort & time and do not get discouraged by the frequent busting that happens when playing with low balance.

Should you start with few dollars or faucet?

Not at all recommended. Value your time do some real work and try to build up your bankroll to a minimum of $100. With $100 your earning will be consistent and reliable without any unexpected draw downs in your bankroll. Distribute it well in four or five sites.

With this you will be easily able to profit $15 minimum daily.

Here is the maths so if you distribute your bankroll in 4 sites then you try to make a profit of around $4 or $3.75 to be exact from each site which easily adds up to $15 or more.

If you have more like a $1000 increase the number of sites. You can easily find a lot of crypto gambling sites that you can gamble on.

If you are putting like a $1000 to gamble, put in some time and effort to better manage your bankroll and the risk. If you do not do that you will easily lose that in no time.

With a $1000, making a profit of $150 daily won't be that hard.

What should you do when you are having a bad/unlucky day?

Bad/Unlucky day does happen. The site and you have almost equal chances of winning and losing with the sites having a slight edge known as the house edge. When it happen, do not let it drain more than 15% of your bankroll. So if it drains 15% of your bankroll take a break, once you a feel fresh and relaxed come back and then win it back all.

Earning is easy but why most are not in profit or even lose it all after making good profits?

1) Emotions ( greed and fear ) are very strong in this game. If you let them control you, you will lose it all.

2) Trying to rationalise the game. Its a game of chance you cannot win by rationalising the game, only bankroll management, risk management and a proper game plan is only going to help you stay in profits.

A simple example of trying to rationalise the game will be relying on past outcome(s) to predict the future outcome. Both the outcomes are completely unrelated so you are only wasting your thinking power by doing so.

Conclusion:

To sum it all, to make daily profits:

1) Have at least a minimum of  $100 in your bankroll which is distributed in four or more crypto gambling sites.

2) Aim for 15% profit daily.

3) Once you reach 100% profit withdraw. If you have bankroll of $1000 or more withdraw daily. Make a second account as your bank account for fast, low and no fee withdrawals.

4) Risk is always there. When you have signed up for gambling you have signed up for that too. Try to minimise it is the best you can do ( bankroll management, risk management and a proper game plan ) and avoid rationalising the game ( relying on past outcome(s) to predict the future outcome.)

If you have any post idea suggestions or need any help e-mail me: cryptoamar@gmail.com

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