Bankroll Management

[TeamBankroll Alex]

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

 

[Wagerallsports]

Good list of advice

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

 

[TeamBankroll Nat]

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!

 

[TeamBankroll Alex]

Good list of advice

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

Totally agree

 

[TeamBankroll Alex]

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!

 

[BMR Admin]

Well thought out procedure here...sound advice for all punters!

 

[TeamBankroll Alex]

Well thought out procedure here...sound advice for all punters!

 

[Urethra Franklin]

Great advice, thanks Alex.

 

[Roth]

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!!

 

[TeamBankroll Alex]

Great advice, thanks Alex.

 

[TeamBankroll Alex]

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!!

We are very very happy to hear that We truly appreciate your support ... the respect is mutual

 

[win euro win]

Great advise now lets win !!

 

[BokChoy]

Great advice from the best! Cheers Alex!

 

[TeamBankroll Alex]

Great advise now lets win !!

Thank you
Long term we always win

 

[TeamBankroll Alex]

Great advice from the best! Cheers Alex!

thank you

 

[martiscore]

People who decide to bet on sports are innovative

 

[BMR Forum]

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

Good post man

 

[Oddsmaker]

This guy pretty sharp, too bad most do not apply these principles

 

[funnyb25]

Degen here. Does not apply....BOL

 

[Oddsmaker]

1 to 2% of your bankroll Never deviate from that