Bankroll Management and Betting Amounts
Bankroll Management
Set aside an amount of money that, if you lost it all, would not be the end of the world. This can be $100 or $100,000.
This is your bankroll.
If it grows beyond your starting amount, great.
If it shrinks, that’s part of sports betting.
Do not add more money to it.
Your bankroll should be walled off from your other finances.
Recommended Betting Amounts
Our recommended amounts are based on percentages of your overall bankroll.
Some other sites use things like units, which represent a set amount of money.
We prefer using percentages because, as your bankroll shrinks or grows, so should the amount you bet (but not the percentage).
Our recommended betting amount is 1.0% of your bankroll on each pick.
We also recommend never betting more than 15% of your bankroll on any given day. This will mean that sometimes you will need to lower the betting amount for each individual bet.