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Always remember; sports betting is a marathon, not a sprint. The best and easiest way to manage your bankroll is by embracing flat betting. Flat betting means you are risking the same amount on. Betting Bankroll Management - The Fractional Kelly This is a simple and conservative amendment to the Full Kelly method whereby you only bet a certain fraction of the recommended bet. This could be 50%, known as the Half Kelly, 25% the Quarter Kelly or any percentage you feel comfortable with.
- Sports Betting Bankroll Simulator
- Sports Betting Bankroll Management Reddit Fantasy
- Sports Betting Bankroll Management Reddit Sites
One way to make sure you don't burn through your bankroll is to assign a fixed stake percentage to be used on each bet. This will vary according to the size of your bankroll and how much you wish to bet, but let's choose 5% in this case. That means that your first bet will by $1,000 x 5% which is $50. If you lose that bet, then you will have a remaining bankroll of $950, so your next bet would be 5% of this new total, which is $47.50.
Sports Betting Bankroll Simulator
By betting a percentage of your total bankroll, you'll never wipe out the whole amount, although of course a series of losses will make a big dent in the original amount. This is a great system to use for those starting out in sports betting.
Sports Betting Bankroll Management Reddit Fantasy
Sports Betting Bankroll Management Reddit Sites
More experienced sports bettors will often choose a variation of the above system. Again you will bet a percentage of the overall bankroll, but this will be affected by the bet you're making. Variable stake percentage bets change according to the odds of a particular bet. After all, you may wish to bet a smaller amount on an outsider at decimal odds of 10.0 than you would on a favorite at 2.5.
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