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Well folks,
lets talk a little bit about "Money Management"
because without it my friend you
will probably not have a very Profitable Season!!!
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I recommend wagering NO MORE than
5% of your bankroll on any one game, period. Most of
your wagers should be within the 2% to 3% range,
I have found
that the very best way to protect your bankroll is to
incrementally raise or lower the amount that you will wager by
"Percentage of Bankroll".
For example, lets say that you have a starting Bankroll of $5000,
this should be an amount that is set aside and dedicated to
nothing else but sports wagering, don't fall into the trap of the
ordinary "Joe Public" type
of gambler that does not start the season with a "Dedicated
Starting Bankroll" and instead find themselves
dipping into their mortgage or rent payment or car payment and
before long winds up playing with "Scared
Money" because they know that they can not afford
to lose, this type of gambler usually ends up digging a hole for
themselves that they can not climb out of!!
When utilizing the "Percentage of
Bankroll" concept that I mentioned, a top play
selection would be 5% of your starting bankroll, in our example
let's say its $5000, thus 5% of $5000 is $250.00, a medium play
would be 3% of your starting bankroll, but most plays should fall
into the "Regular" or small
selection status of only 1% or 2% of your starting bankroll.
Each week your starting Bankroll would be different because of how
you did the previous week , therefore, each week your wagering
amounts which are based on "Percentage of
Bankroll" would be
different.
In closing I would recommend either using a "Flat
Betting" system which means that you wager the same
amount on each contest but is still based on percentage of
bankroll and self adjusts each week based on your new starting
bankroll.
Or use the incremental system of 5%, 4%, 3%, 2%, 1%, with the vast
majority of your wagers falling into the 1% or 2% range to wager different
amounts on different games, but keep in mind that the top wager is
still only 5% of your bankroll, remember this simple rule of
thumb and it will keep you out of trouble my friend!!
Using either system as I have outlined will keep your bankroll
safe and sound over the ups and downs of a long season.
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Join a Proven Winner and
start winning today.
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Football Forecastor's "Green Sheet" is a sports information and entertainment site. We do not promote the violation of any state, federal or local laws concerning the illegality of sports betting. If you are a citizen of the United States, please keep in mind that laws vary from one locale to another and
you should be aware of what laws pertain to you and your locale.
Most of the "Green Sheet" deals with the subject of sports wagering, children should not be encouraged to view this site. If you are a minor and under the age of consent,
please leave this site now.
If you have a Gambling addiction, please seek help to resolve your addictions and until your problems are resolved please leave this site now!!
"Green
Sheet" ALL RIGHTS RESERVED January 1997
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