How to Manage Your Bankroll in Sports Betting Like a Seasoned Player!
The 1% vs 3% Rule That Could Make or Break Your Betting Strategy
Do you guys want to know how to ensure success when you’re looking at your bankroll and you’re wondering exactly how much of this should I bet? Well, that’s what this post is going to be. I’m going to show you guys exactly how to handle your bankroll to set yourself up for success when it comes to sports betting.
How To Manage Your Bankroll in Sports Betting
Okay, so the first thing you’re going to want to do is divide your bankroll into units…A unit is exactly the part of money that you’re betting per bet out of your bankroll. It’s a certain % that you’re betting out of your bankroll. So you want to be able to divide your bankroll into units.
So now you’re probably thinking, what type of units am I going to be betting?
Well, you need to decide whether you’re going to be a conservative bettor or you’re going to be an aggressive bettor.
A conservative bettor bets 1% of their bankroll. So if you’ve got a $1K bankroll and you want to be conservative, you’re betting $10 unit sizes.
The reason behind that is because you’re not going to win a crazy amount, you’re not going to lose a crazy amount. If you go on a losing streak, you’re going to be conservative and you’re just going to steadily climb up.The next part of that would be the aggressive bettor. You want to be aggressive, you’ll be betting 3% of your bankroll. So if you have a $1K bankroll, that’s $30 unit sizes. It’s a little riskier, and as you know, I’m not one to take uncalculated risks.
That is exactly how you’ll be looking at your bankroll. You’re not betting any more or any less, you’re doing either/or here. You’re either doing 1% to be conservative, or you’re going to do 3% to be aggressive.
You’re not going to vary from that. You’re going to stick to that. That is going to be your unit size, that is how much you’re placing per bet no matter what the odds are, no matter what it is that you’re looking at.
That is your unit size. You stick to that and you be disciplined, and you know every single bet you do is either in those categories.
I can guarantee you that you’re going to start to see better profits, and you’re going to become a way better sports bettor.
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This post contains a link to an online bookmaker that I recommend, and by using it, I may earn a small commission.