You could say that to win real money by betting, you have to choose the right bets. This simple and comforting vision, however, overlook a crucial point in the world of sports tips: the element of chance. Sound management of your game bankroll is crucial to winning in the long term.
If you like to bet smart on the sports, here are some tricks to manage your bankroll:
Never Bet Your Entire Bankroll
The first point to respect if you want to win is to make sure not to lose everything. And the only way to be sure not to lose everything is to never risk everything.
How Much You Should Bet?
Most punters agree that you should not bet more than a certain share of your bankroll, but not all of you agree on this share. Some say 1%, others go up to 20% in case of big confidence. The solution probably lies somewhere in between. Betting 1% of your bankroll protects you from losing money, but unless it is really important, bet so little implies a minimal win and the risk of fatigue in the absence of significant profit.
In addition, too small bets can push to multiply bets and engage in forecasts that we would not necessarily take if we bet more. Betting 20%, a fifth of its bankroll, can lead to rapid losing money in the event of a bad series.
Betting According to the Type of Bettor
For more defensive bettors, who would prefer to bet low, 5% can be considered a good compromise. Indeed, this leaves you a large margin to cash in on failures, and it also offers visible and correct benefits. For more attacking bettors, who are more attracted to 20% bets, going down to 10% seems to be a credible alternative: the gains will remain significant while offering more security.
Betting According to the Bet
You can also choose to adapt your bet to your level of confidence in your bet. This minimizes losses on an inconspicuous bet and maximizes them on a very likely event provided that you are lucid when it comes to your choices.
Choose a percentage from your bankroll, between 5% and 10%. Give a note to your bet on 10. Divide this note by 10. Multiply the result and the percentage of your bankroll that you have defined, and you will get the ideal amount of your bet.