| Most sports bettors have been there, I know I have | | | | OK, Ok, Ok, I hear you, "where's the fun and |
| for sure, listen-up, in the early days I busted more | | | | excitement in that stake, how terribly boring" |
| banks than Butch Cassidy. | | | | Well friend, if you're very serious about setting out to |
| In this article we are going to discuss sports betting | | | | win at sports betting long term that's just the way you |
| bankroll management and to a lesser degree, record | | | | have to play it. |
| keeping. | | | | The second point is record keeping. You must write |
| If you're in the sports betting game to win you must | | | | down every bet you make, every stake you stake, |
| pay special and give undivided attention to bankroll | | | | every win you make and every loss you take - |
| management. | | | | without exception. |
| Frankly, I must say that if you're personal finances are | | | | In fact, you really ought to expand on the basic math |
| in a mess you will most likely not be very successful | | | | and selection. It will really help you in the long run if you |
| with bankroll management when betting on sports, not | | | | were to write a reason or 2 about why you made the |
| least because it's generally more difficult and | | | | selection, the conditions that day and any other |
| temptations are arguably greater than day-to-day living. | | | | relevant factors or idiosyncrasies you can think of. |
| On the other hand, good bankroll management when | | | | Believe me, when you have this information staring at |
| gambling can be educational and is for sure a | | | | you from 100 bets made, it's meaningful, and you can |
| transferable skill you can use in your daily life. | | | | use the historical data to help you win more in the |
| One of the first things to realize about sports betting to | | | | future. |
| win is it's not a sprint; it's a real slog, a marathon. | | | | That's about it for this article, but pay attention to bank |
| Experts will differ slightly in percentage stake of your | | | | roll management and record keeping in your sports |
| bank per bet but anything from 1% through 3% of your | | | | betting and you have a real chance of coming out a |
| bankroll is a reasonably safe strategy. It follows then | | | | winner with your sports bets. |
| that if your bankroll is $500, then $15 ought to be your | | | | And talking of winners, here's something special for |
| maximum stake. | | | | you. |