Effective Bankroll Management

Bankroll management is a critical skill for anyone serious about sports betting. It refers to the strategy of managing your betting funds to minimize risk and maximize potential returns.

A common approach is the fixed percentage method, where you bet a set percentage of your bankroll on each wager. This helps protect your funds by ensuring you don’t bet too much on a single event. Another strategy is the unit system, where your bets are divided into ‘units’ based on confidence levels, allowing you to adjust your stake accordingly.

By practicing effective bankroll management, bettors can sustain longer in the game and increase their chances of long-term success.