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Bankroll Management in Football Betting

The most important rule when betting football is proper bankroll management. I am going to help you out by providing a couple rules and guidelines to follow when making a wager on a team. Many football bettors are tempted to put a lot of money down on a game, especially if you are winning. A big problem for many sports bettors is betting too much per game. Understanding bankroll management is a key if you want to be successful and make consistent money in the long run. Would you risk 25% of your entire life saving if you knew that you had a chance of losing it? Of course you would not. It may be relatively boring to put a small amount on games, but you have to work within your bankroll. Sports betting can be very streaky. Some days there will be good streaks where you make a lot of money and on others there will be bad streaks where you lose a lot. It is inevitable if you do it for a long period of time. If you want to keep yourself in the game by not losing all the money you have to betting and want to be successful then follow the proper bankroll management that I am about to discuss.

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The question that many people most often ask is how much should I be betting per game? The answer is that it depends on how big your bankroll is. It is important to make sure that you stick a set of rules. There is one major rule that is actually quite simple whether you are a $10 bettor, or a $100 bettor. Bet around 2-3% of your bankroll on any game, and never bet more than 5% of your bankroll on any of your football picks, no matter how confident you are. If you are not to sure about a game, then bet 1% of your bankroll. On the other hand if you are very confident then go ahead and bet around 3-5%. Another thing to remember is that there are no such things as “locks” in sports betting. Anything can happen and any team can lose or win on a given day. Come up with a system and rate your picks as 1-5 units. Each unit represents a percent and how confident you are about each pick. Make sure that no matter what happens you stick to these rules.

Another question I often get asked is if you can make money using this strategy? The answer is absolutely. I have been using this system now for several years and I continue to make good money with it. This system is made to make money and to be honest, without it you will lose money in the end. All you have to do to make a profit with this system is have a winning percentage of about 54-58%. So if you are serious about sports betting and think you have what it takes to be successful, then use this money management strategy and you will never go broke and will turn a nice profit.

If you liked this article, you may also be interested in:

• Boyd’s Betting Tips: Money Management and Diversification
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• Sports Betting Tips: Should You Hedge A Parlay?
• Missouri v. Oklahoma Football Betting Odds & Predictions
• Notre Dame at USC Football Picks & Betting Odds

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