| If you want to survive in the game of sports betting, | | | | and steady work. |
| then you have to use effective money management. I | | | | 3. Increase your initial bets when your bankroll has |
| recommend that you follow these guidelines at all | | | | increased by 25%. This will increase your earning |
| times. | | | | power, just remember to stick to the suggested |
| | | | percentages in #2. |
| 1. Only invest what you can realistically afford to lose. | | | | 4. Remember to Diversify your portfolio. If you have a |
| You have to remember that you really do not need to | | | | total bankroll of $1000 and 4 systems that you would |
| start with al a lot of money. I got started with only $100 | | | | like to use, then each system should be allotted $250 |
| dollars and I followed the system and my money has | | | | and you have to keep those amounts separate. |
| doubled over and over again over the course of | | | | You have to be disciplined in your use of your |
| years. | | | | systems and in your money management strategy. It |
| 2. Do not make your initial bet too high. Only invest 5% | | | | can be difficult especially you are doing exceptionally |
| of your total bankroll for a flat betting system (in which | | | | well or if you are losing badly. You may be tempted to |
| you bet the same amount each time) and no more | | | | deviate from the systems or the money management |
| than 2% for a progressive system. You need to be | | | | guidelines in either of those situations. But do not, just |
| patient here and allow your systems to do their slow | | | | remain diligent and the rewards are sure to follow. |