Advice on Money Management

5thinning

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Aug 13, 2007
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Many of you in here already know about what I'm going to discuss, but this is for some of the people who are not familiar about this part of sports-betting.

Money Management is just as essential to successful gambling as is handicapping. I have noticed in this forum there are some individuals in here, that are pretty good handicappers. But that is only 1/2 of the ball game.

What I'm going to discuss is units. Most successful sports bettors bet in units. The one's that can sustain & turn profits, usually bet in units, 1 unit, 1.5 units, & 2 units. Only in the rarest of occasions do they play 3 units.

But there is no way, to be profitable in the long-term when you play 4 to 6 times more on some games as you do others. Short-term Yes, Long-term No. There is no game that is worth playing 6 times as much money on as another game. The oddsmakers/linemakers are never that far off.

This post wasn't to downgrade anyone in this forum, cause I think this is a very good forum, with lots of good people in it. But this was just to offer some helpful advice that can hopefully help build your bankrolls.
 
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