Money management is an essential part of maintaining a responsible approach to CS2 betting. You can implement specific betting strategies and use some dedicated tools at esports betting sites to help control how much you spend while Cs2 betting.
Money Management Betting Strategies
You can use multiple money management methods to help you stay in control of how much money you’re risking. We’ll run you through some of them below.
Set A Budget
Work out how much you can afford to lose and set aside a weekly or monthly betting budget. An established budget will help you decide how much to risk on each CS2 bet and whether to save money for a better pick.
Never Borrow Money For Gambling
Avoid borrowing money from friends, family or other lending opportunities. Playing with borrowed money increases the risk of serious consequences. It can also mean your potential losses could harm others around you.
Withdraw Your Winnings
If you win a CS2 bet, withdraw the money. Avoid having large sums of money on your betting account, as it can be very tempting to risk the money again. Taking your profits is key to maintaining a solid betting balance and reducing your overall spend.
Never Chase Your Losses
Any bet can lose. Never try to recover any money you’ve lost by placing a bigger esports bet. You should treat losses as the cost of entertainment. Only place bets you’ve properly considered, as emotion-led betting never ends well.
Stick To The Plan!
If you’ve set a budget or picked a particular betting strategy, you must stick to it! Your approach must remain consistent to avoid the development of unsustainable gambling behaviour.
Betting Site Money Management Tools
Every top esports betting site provides users with various responsible gambling tools. Some of these tools are very useful for money management.
Deposit Limits
You can set a daily, weekly or monthly deposit limit at almost every CS2 betting site. You can always lower the limit to reduce spending, but any increase is usually subject to a cooling-off period. We’d recommend setting a deposit limit that matches the betting budget you worked out earlier.
Profit/Loss Trackers
Most sites will have a page that shows your account’s overall profit/loss. You’ll usually find this in the ‘Account’ screen. You can use this tool to assess your spending and adjust your budget.
Loss Limits
This tool is very similar to deposit limits, but the limits are based on the amount you lose rather than the amount you deposit. Setting a loss limit means your winnings are factored into your betting budget.
If you’re experiencing any gambling issues, please seek help and support from the professional services available in your region. Gambling Therapy is a global service providing free practical advice and emotional support to anyone affected by gambling.
Always practice responsible gambling. You must be 18+ to play.
