Money and Risk management

[Maryam_Kavian]

Hi,

I want to write this post to help you manage  your money during betting. Please write down your comments to make the topic better and help others.

1- for betting you must account 20% of your money for e.g. if You have 10K Doge coin, You must account only 2K.

2- You must keep all your money in your wallet

3- In games with customizable payouts (Crash, Limbo, Dice, ...) you must specify a specific payout for e.g. Payout=10x

4- Calculate your maximum sequence loss (In Crash you can calculate it using History Tab below the game board, In limbo and dice you must analyze it by your experience or test them using JB)

5- Specify a good increment (100%, 200%, 400%, 50%, 25%, 7% or any other increments)

6- Calculate your maximum bet using following formula

Increment = 1 + (Increment Percentage / 100)

MaxLoss = Maximum Previous Loss that you have analyzed

Base = Starting bet value

Max Bet = Base*( Increment ^ MaxLoss)

For e.g. (

Increment = 1 + (100% / 100) = 1+(1) = 2

MaxLoss = 15

Base = 0.0004 XLM

Max Bet = 0.0004 XLM * ( 2 ^ 15 ) = 13.1072 XLM

Then Your MAXIMUM Risk will be 13.1 XLM

Notice: Your Max Bet could not be more than 1/3 of 20% (6%) of your Money