Bankroll as a proportion of net income

Simple question: For an average trip to Vegas, what proportion of your bankroll is your total annual income?

For example, if you make $100k/year, and you have a $1k bankroll for a trip to Vegas, it would be about 1%. I'm trying to figure out if I'm below or above the average bettor in terms of bankroll vs income.

The real question is: what can you afford?

Someone with a 100k income can have a home loan for 1 million between taxes and the mortgage not much left if any to gamble. On the other hand the person could have no debt very little expenses and make 1 or 2 trips a year to casinos with a $20k bankroll.

Details count you shouldn't care what someone else does' but what makes you happy. Yes you can have a great time in vegas with a 1k bankroll.

HAVE FUN

No matter what your geographic location, your bankroll is always equal to all liquid assets. Everything in your bank account, all investments and retirement accounts, 401k, CDs, et cetera. It's all yours and no matter what you are going to use it in whatever way you think is best.

For a lot of people, their gambling budget represents zero percent of annual income. For myself, if I'm able to win anything, that is my annual income. . .

quick and easy
Gambling per year =1/7th of your NET INCOME after taxes and expenses

Quote: 98Clubs

quick and easy
Gambling per year =1/7th of your NET INCOME after taxes and expenses

Where did you get this? Not from a financial planner methinks [g]. Perhaps it is a real formula out there to include all forms of entertainment; if so, in my case, I have to divvy it up amongst forms of entertainment.

It looks the only way someone can answer this is to think of what losses a player would tolerate in a year, which is not the same as bankroll. For gambling, I have come up with something from my gut. I'm not used to calculating actual disposable income btw.

PS: here is a formula that is out there.. The premise seems to be that if your "must-have" expenses can be limited to 50% of after-taxes, your "wants" can consume 30% of your after-tax pay. If you are big into gambling as entertainment, then I guess half of 30% is about 1/7.

Food for thought.