Bankroll Management

TeamBankroll Alex

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Joined
Apr 5, 2018
Messages
89
Successful handicappers know everything about the sports they bet on and about all the strategies involved in that. They know that hard work pays off. Most of all, they know how important bankroll management is. In fact, bankroll management is arguably the most important skill required to be a successful sports bettor/handicapper/punter.

1. Set a budget that you can afford to lose

2. Choose a staking plan. Set rules that determine how much you stake on any given bet.
Example - for normal bets 1-2 % of your bankroll, for bankers 3-4% of your bankroll. 1% of your bankroll = 1 unit

3. Keep an account of your bets that includes wins and losses.

4. Never chase your losses when on a losing streak

5. Never blindly bet on the teams you support.

6. Study the odds and learn how to find value.

7. Shop around for the best odds on the market and create multiple accounts on the green listed bookmakers.

Example

Your Bankroll is 1K USD
1 unit = 10 USD
Your 1st bet is set at 10 USD as this is 1% of $1,000
For your bankers (the bet you like the most) you will wager 3 units = 30 USD

Your bankroll should always influence your stakes. So let's say you arrive at 1800 USD after a period - congrats - Right now 1 unit = 18 USD .... If you lose and you arrive at at 500 USD - 1 unit = 5 USD.

Remain calm, never get carried away.

Best of luck
cheers.gif
 

Wagerallsports

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Mar 6, 2018
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10,051
Good list of advice

Like many things in life, much of this comes with betting-experience
 

TeamBankroll Nat

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Apr 5, 2018
Messages
42
Very sound advice - no wonder Alex has one of the highest profits this season with Team Bankroll and a $1430 acca under his belt!! Wise and true words from a professional!

grrr.gif
 

Roth

New member
Joined
Apr 12, 2018
Messages
2
To anyone who aspires to be a a professional bettor, you should hear these words!! And also follow Team Bankroll every week on Youtube!!

It helped me a lot!! Specially Alex!!
an_clap.gif
an_clap.gif
 

TeamBankroll Alex

New member
Joined
Apr 5, 2018
Messages
89
To anyone who aspires to be a a professional bettor, you should hear these words!! And also follow Team Bankroll every week on Youtube!!

It helped me a lot!! Specially Alex!!
an_clap.gif
an_clap.gif

We are very very happy to hear that :) We truly appreciate your support ... the respect is mutual
cheers.gif
win.gif
 

BMR Forum

Administrator
Staff member
Joined
Nov 15, 2012
Messages
419
Successful handicappers know everything about the sports they bet on and about all the strategies involved in that. They know that hard work pays off. Most of all, they know how important bankroll management is. In fact, bankroll management is arguably the most important skill required to be a successful sports bettor/handicapper/punter.

1. Set a budget that you can afford to lose

2. Choose a staking plan. Set rules that determine how much you stake on any given bet.
Example - for normal bets 1-2 % of your bankroll, for bankers 3-4% of your bankroll. 1% of your bankroll = 1 unit

3. Keep an account of your bets that includes wins and losses.

4. Never chase your losses when on a losing streak

5. Never blindly bet on the teams you support.

6. Study the odds and learn how to find value.

7. Shop around for the best odds on the market and create multiple accounts on the green listed bookmakers.

Example

Your Bankroll is 1K USD
1 unit = 10 USD
Your 1st bet is set at 10 USD as this is 1% of $1,000
For your bankers (the bet you like the most) you will wager 3 units = 30 USD

Your bankroll should always influence your stakes. So let's say you arrive at 1800 USD after a period - congrats - Right now 1 unit = 18 USD .... If you lose and you arrive at at 500 USD - 1 unit = 5 USD.

Remain calm, never get carried away.

Best of luck
cheers.gif
Good post man
 

Oddsmaker

New member
Joined
Jun 12, 2021
Messages
1,338
This guy pretty sharp, too bad most do not apply these principles
 

Oddsmaker

New member
Joined
Jun 12, 2021
Messages
1,338
1 to 2% of your bankroll Never deviate from that
 
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