Bankroll Management

 

What is a “bankroll”?

A bankroll is money that you can afford to set aside and invest for betting purposes only.

 

What are “units”?

Units are a simple way of measuring the size of a bet regardless of the individual’s bankroll size. 1 unit = 1% of your bankroll. So if you have a bankroll of $10,000, a 1 unit bet would be $100, a 5 unit bet would be $500, and so on.

 

Compound Interest and how it works

As your bankroll grows, so will your unit size. For example, if you win $500 on an event and your bankroll increases to $10,500, 1 unit will now be $105 for you as that is now 1% of your bankroll. The same applies if you lose an event, you will decrease your unit size. It’s up to you whether you adjust your unit size weekly or monthly. Personally, I adjust it weekly.

This is an investment strategy pro bettors like to use because it allows your bankroll to grow faster as you win, while protecting you from downswings and variance. Using this strategy with my bets over the years, I have grown a small amount of money into a large bankroll that I invest to earn a full time income every year. It requires patience and discipline, but this is the ONLY legitimate way to win long term and make an income from betting.

Think of sports betting like the stock market; It will have ups and downs but if you keep putting your money in good positions it will go up over time. You have to stay the course to have long term success.

Use this strategy, tail my bets over the long term and your bankroll will grow. It’s that simple!