Updating Bankroll

Can any long term users give me advice on when to update the current bankroll figure?
I have placed my first 500 bets and changing it daily…not sure which is the correct approach?

This is a subjective opinion of mine. It’s a lot of hassle to update your bankroll in a daily basis, especially if you have more bookmakers you play with. Your bankroll is changing continuously across many bookmakers. It’s challenging to track it accurately. It has no added value though.

There is an approach which I really like and it is from poker. If the bankroll changes by 25% in either way, recalculate it. Alternatively you can update the your bankroll in a regular basis if you wish (bi-weekly, monthly).

Thanks, yes I think the 25% reduction or uplift is what I may use.