Bankroll management is a crucial aspect of a successful blackjack strategy, as it helps players maintain control over their gambling finances and minimize the risk of significant losses. By setting a budget and determining how much to wager for each session, players can ensure they don’t overspend or chase losses. Effective bankroll management allows players to weather the inherent ups and downs of the game, providing them with a better chance to stay in the game longer and capitalize on winning streaks.