Not necesselery

If you run entirely LGB stock, then with their deep flanges designed for their small radius curves, superelevation is not a necessity, but can sometimes look good (I'm thinking of one of the famous Thomas the Tank Engine railways on this forum).
However, if you're using locos and stock with a finer (not necessarily fine scale) flange, then sometimes a small degree of superelevation is necessary, particularly on 8 ft diameter curves to stop the locos derailing - doing the railway equivalent of the 'high step off'. Equally, superelevation on a longer sustained curve can sometimes avoid the 'stringing' problem of stock being pulled over.
Once you get up to 12ft diameter, I doubt there's any practical benefit

So I either pack the ballast, or on a solid base, slip a wedge of some sort under the sleepers