Its that time of year again, basketball is one of my favorite sports to bet on and looking for another solid year. Will start with some small wagers in 1st week just for action untill the smoke clears and we get to know all teams. Fade or follow on your own risk because the season is long and streaks will show up.
My money management:
All plans must start with a bankroll, defined as the amount of money that you have put aside to risk on sports wagering.....Your bankroll does not have to be the amount of money that you have on hand...just the amount that you can comfortably lose without effecting your lifestyle. Next we will select a unit wager...This may cause some alarm in many of you, but i use 5% of our bankroll as a unit wager. Your bankroll is going to go up and down, so we must be able to weather the storms and a 5% wager allows us to do that. As your bankroll increases, there is a need to increase the amounts of each unit wager, adjust them to 5% of your new bankroll.
I use this method:
0 ---------- 1000$ ------- 50$
+10 -------- 1500$ ------- 75$
+20 -------- 2250$ ------- 113$
+30 -------- 3380$ ------- 170$
+40 -------- 5080$ ------- 255$
+50 -------- 7630$ ------- 382$
etc.
My money management:
All plans must start with a bankroll, defined as the amount of money that you have put aside to risk on sports wagering.....Your bankroll does not have to be the amount of money that you have on hand...just the amount that you can comfortably lose without effecting your lifestyle. Next we will select a unit wager...This may cause some alarm in many of you, but i use 5% of our bankroll as a unit wager. Your bankroll is going to go up and down, so we must be able to weather the storms and a 5% wager allows us to do that. As your bankroll increases, there is a need to increase the amounts of each unit wager, adjust them to 5% of your new bankroll.
I use this method:
0 ---------- 1000$ ------- 50$
+10 -------- 1500$ ------- 75$
+20 -------- 2250$ ------- 113$
+30 -------- 3380$ ------- 170$
+40 -------- 5080$ ------- 255$
+50 -------- 7630$ ------- 382$
etc.