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Bankroll and Money Management
by Website Staff

How to conserve your bankroll after losing while maximising profits during winning streaks.

1. How many sportsbook accounts do I need?

Even beginners who are new to sports betting should have at least three funded sportsbook accounts. When you become comfortable navigating sportsbook websites and placing wagers you should add to your list. The more sportsbook accounts you have the better your chance of finding the best odds and winning your bets.

2. How much should I wager per game?

We recommend betting or risking 2% or less of your bankroll per game. For example if your bankroll is $10,000 your unit size will be $200. This allows you to lose twenty five net units, which does happen and still preserve at least one half of your bankroll.

3. Should I increase my wager size on strong plays?

In most cases you should bet the same amount, one unit on every game however you may increase your wager size if your strong plays have shown to have a greater edge over multiple seasons. The problem is most gamblers do not have a statistically significant number of wagers to know if their strong plays will continue to show an increased edge.

4. How much more should I wager on my strong plays?

Wagers that you have a strong feeling about may have no more chance of being correct then your normal bets. It is possible to have a winning record and still lose money if you vary the amount you wager. Therefore we do not advocate increasing your wager size unless you use maths to calculate the edge on games you bet.

5. What should be my ROI goal?

Realistically if you manage to win more than you lose you are doing a good job. You have to hit 52.5% just to breakeven versus a traditonal -110 pointspread. Winning 55% of your bets on side and total wagers will give you a 5% return.

Here is the math if you win 55% of your bets over 100 wagers at -110 juice:

(55 wins)-(45 losses)-(4.5 juice on losses)=5.5 units.

5.5 units divided by 100 games = .055 or 5.5% ROI.

Anybody claiming to do better is probably being insincere or hasn't been betting that long. The good news is that every time we wager on a game we know the result by the end of the day and we have the ability to churn a large amount of money in a short period of time.

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