2% max recommended unless otherwise noted. 1% max recommended for soccer.
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SportsPicks
All your sports information for those investing Vegas-style in the outcomes of sports games. Predicting games against the line in all sports, especially football, American and English style.
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MasterClass: Introduction to Sports Betting
Key Factors in Picking the Right Sportsbook
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Deposit Bonuses
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Deposit/Withdrawal Methods
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Range of Market and Sports
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Promotions/Bonuses Offered
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Finding the Best Odds
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Quality of Customer Service
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Easy to Navigate Website Interface & Mobile App
CHOOSING THE RIGHT SPORTSBOOK, ULTIMATELY, BOILS DOWN TO: PERSONAL PREFERENCE, ACCESSIBILITY, AND WHAT BEST FITS YOUR NEEDS AND WANTS
Keys To Bankroll Management
- Have a SET AMOUNT, that you can AFFORD to Lose, and NEVER allow yourself to go passed that mark!!
Never OVEREXTEND yourself sports betting, and create UNNECESSARY PROBLEMS in your Life.... Betting on Sports can be VERY ENJOYABLE, and ENTERTAINING, as long as WE don't allow it to get OUT OF HAND!! Having a set amount, that you can AFFORD to lose, and NEVER going over that number will help keep Sport's Betting FUN!!
- Establish your UNIT size, and STICK TO IT!! You will then be able to vary your bet sizes based off of this mark.... You can't bet the same amount on something that is +2500, as you would something that is -110.
Odds differ for a REASON... Something at +2500 is going to be MUCH TOUGHER to hit than something that is -110!! If you're betting the same amount on both... You'll quickly find yourself BROKE!!
Example: If I bet a FULL UNIT ($100) on the Play that is -110... I'm ONLY going to bet around 25% ($25 OR LESS), of my Normal Unit, on the Play that is +2500
Unit Size will differ for each individual based on your AVAILABLE BANKROLL
- NEVER put more than 5% of your Bankroll on a single wager!!
Example: If your bankroll is $100... You SHOULDN'T wager MORE THAN $5 on ANY Play!!
- Don't Bet Just To Bet... Make sure you're wagering on things that you are INFORMED on!! Don't WASTE VALUABLE UNITS, betting on something you have NO CLUE about just because you're bored and want a SWEAT!!
DISCIPLINE is the KEY to Bankroll Management!!
Hope you folks enjoyed this... We'll be putting out more instructional videos like this, on a number of different topics, in the coming days so be on the LOOKOUT!! Feel free to ask us ANY questions you may have, and we'll make sure to get it sorted out for you!!
Everyone stay SAFE out there!!
Good Luck and Good Gamblin!!!!
-Crickett
00:25:03
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Betting Psychology and Risk Management
This post is partially motivated by the incoming surge in official picks we are going to have as well as the dismay here some have experienced with the downturn we've had over the past few weeks. Risk-based moneymaking is not an easy pursuit and the vast majority of people who try their hand at it fail. It is important that you arm yourselves with as may tools as possible so that you will be in the profitable minority. Most people find it difficult enough to look at their investment portfolios during a relatively mild downturn, and that's with professional hedge fund managers doing insulating them from the very real challenges of risking our money and making a profit from it. Anyone who is active here is choosing to take that risk into their own hands. There are big rewards for this but also very big risks. This post is about preventing you from being taken out by those risk.
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