By Freddy Wills
I have said this many times and had to learn it the hard way for myself! Money management is the key to making money and is just as important as how much you know about sports. The key is finding an approach that fits your goals as a sports bettor. Managing your bankroll will absolutely determine how you play and how much you play as well as how long and how much profit you will earn. In the end whatever we suggest is entirely up to you.
There are two thoughts or theories on proper money management. Many in the industry refer to a flat betting theory. Flat betting is essentially betting the same exact amount regardless of who is playing. The other theory involves a scale which we truly believe in here at Sports Bet Capping. Our scale is a 1-5 unit scale where we release the majority of our plays around 3-4 units and 5 unit releases are considered the cream of the crop, game of the month or year. The reason we believe in the scaling is that our handicappers have been very successful in ranking their plays. For myself I always hit close to or over 60% on my play of the days which generally are 4-unit releases.
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More on flat betting since this is how I learned how to make money at this. If you bet the same amount on every game which is roughly 2-3% of your bankroll you would break even at 52.68%, assuming 10% juice. For me hitting over that number was quite easy as soon as I had the ability to do this night in and night out. I learned a lot on Flat betting and a couple years later I now graduated to scaled betting. Luckily for you, you can skip flat betting and graduate to scale betting today by picking up one of our sports pick packages.
Like I mentioned earlier scaled betting is our approach here at Sports Bet Capping. It is a strict 1-5 unit approach. We never bet more than 5 units. Please also note that this is not a chase system and that our scale is based solely on play confidence. These plays should represent no more than 2% of you bankroll per unit. For example, if you have a bankroll of $1,000 that means that a unit should be no larger than $20. So when we release a 4-unit play of the day you would bet $80 on the game.
Our records table shows you the same thing. We show you how much we have made in units. +/- 27.3 units for the same $1,000 bettor would be $20 * 27.3 = $546.00. It is very common to see us up over 27.3 units for a period of 30 days, but this is not always true. Gambling is still gambling there are many things out of our hands, but in the end we promise to make you a profit and the history of success is there.
Advantages of scaled wagering are quite simple. It gives our bettors an opportunity and us as well as we bet on our own games an opportunity to take advantage of situations that we deem are huge advantages. These range from play of the days (POD) game of the week (GOW) , game of the month (GOM) or the almighty game of the year (GOY). I’ll give you an example of the power of my personal rating system. I mentioned earlier that I regularly bet 4-units on my POD. Well over the MLB season thus far (as of 6/15) I am 44-19 +67.6 units. Now I’ll go over the math again if you follow us on just these plays and you are that bettor with a $1,000 bankroll you just made yourself $1,352 thus far. You have more than doubled your money because of our powerful scale system.
In conclusion, I would just like to say that I am not telling you how much to bet or what your bankroll or % of your bankroll your unit size should be. In the end that is up to the bettor himself. I’m just giving you the facts from many other scaled professional handicappers. 2% of a bankroll is the general rule of thumb with the lease amount of risk with enough satisfaction for winning.
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