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1)
Keep it
entertaining and fun to do, while playing intelligently, and
the small
house advantage in the game of your choice will be a small price
for you
to pay for that entertainment.
2)
Give yourself a limit in time and money spent for this entertainment,
treating it as
any other recreational sport. You wouldn't agonize through three
double head
days of baseball back to back, or a marathon viewing session
of three, four or five hockey games in one night, so don't over
do this form of sport either.
Making
Your Money Count For Football Bets
Gamblers or prospective
gamblers beware! Most gambling hype you read, see, or hear in
regard to betting sports is misinformed, erroneous
or simply designed to take your money before you even place
a bet. In order to be successful sports bettor, you have
to have skills in money management, play selection, a good attitude,
and reasonable expectations as to what you can expect to win
if you are successful. Let me give you a method of money management
as an eye opener:
|
Size of Bet
|
Minimum Bankroll
|
|
|
|
|
$20
- $30 per game
|
$1,000
- $2,000
|
|
$40
- $50 per game
|
$2,000
- $3,000
|
|
$100
per game
|
$5,000
|
|
$500
per game
|
$25,000
|
Most players start
the season with absolutely no clue as to how much capital it
takes to withstand the ups and downs of a typical football season.
You should give yourself enough money to have a chance all year.
Sports betting is nearly always full of streaks.
Even with great handicapping, you’re still going toolset 40
percent of your bets, so be prepared. You've got a bankroll,
so what’s next? Divide it up as follows:
|
Bankroll
|
Average Bet
|
College
|
Pro
|
Reserve
|
|
|
|
|
|
|
|
$1,000
|
-$25
|
$400
|
$400
|
$200
|
|
$2,000
|
-$50
|
$800
|
$800
|
$400
|
|
$5,000
|
-$100
|
$2,000
|
$2,000
|
$1,000
|
|
$25,000
|
-$500
|
$10,000
|
$10,000
|
$5,000
|
Here is the important
part. Never risk more than 25 percent to 30 percent of your
bankroll on any week. In other words, if you like 5 pro games
you will bet 6 percent of our bankroll on each game. On the
best plays you will bet 8 percent and maybe
2 to 3 times a year you will find a game that’s worth 10 percent
of your bankroll.
If you love a lot of action, simply drop your bet size (2 percent
to 3 percent), but never risk more than 33 percent of your bankroll
in one day. If you win one week, your bankroll is larger so
you’ll automatically increase your bets as you win and
conversely decrease your bets as you lose. The purpose of the
reserve is to recapitalize one of your
bankrolls if the season starts out cold and you hit an early
losing streak. In a typical year you should be cautious weeks
1 – 4, be bold weeks 5 – 12, and then revert to caution until
the play-offs and bowl games.
This is a simple
money management scheme and we’ll coach you on taking profits
or when to use your reserve as the season progresses. There
are more sophisticated methods of money management available,
but for most people this method should work just fine. We will
keep track of our hypothetical bankrolls using this method.
This should give you a start in the right direction. As the
year progresses we will discuss how a football season is really
4 seasons, each of which must be bet differently. We'll discuss
the importance of the line or point spread and which line moves
are significant and which aren’t, as well as recap for you weekly
where the syndicate (Gambling Syndicate) money was placed as
well as how the sports books themselves actually fared. We trust
you will find reading us enjoyable and informative and look
forward to the season.
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