Here's one
Here's one
AAA Sports Money Management
We hope this copies well.......
MONEY MANAGEMENT
Money management is just as important as picking
winners............In fact, without both you are
destined to fail. There are a lot of good handicappers out
there. You might even consider yourself
to be one. You might fall in the catagory of a number of
bettors who can pick games with
consistancy but also lose with just as much
consistancy......The single biggest reason why
sportsbettors fail is because of the lack of proper money
management. Just like a good business
plan you must have a plan for betting on sporting
events.............We would like to share ours with
you.
THE PLAN
All plans must start with a Bankroll, defined as the amount of
money that you have set aside to
risk on sports wagering...........Your bankroll does not have
to be the amount of money that you
have on hand, just the amount that you can comfortably
lose without affecting your life in a great
way.......For the sake of this conversation we are going to
use $5000...............Next we will select
a Unit Wager............This is going to cause some alarm in
many of you, but we use 2% of the
bankroll as a unit wager....$5000 X .02 =
$100...................$100 would be a 1 unit
Play...........Wagering on sports is very similar to a stock on
Wall Street. Your bankroll is going to
go up and down, so we must be able to weather the storms
and a 2% wager allows us to do this.
The final step is find a safe way to safely increase you
wagers as your bankroll increases.
INCREASING WAGERS
As your bankroll increases, there is a need to increase the
amounts of each unit wager. We use
20% increments or 10 units.....10 X .02 = 20%. Simply put
using the $5000 starting figure, one
would increase his unit play to $120 after he won 10 units.
His bankroll would be $6000.
Therefore $6000 X .02 = $120. Your wagers would then stay
at $120 until you hit the next level
or dipped back down to the $5000 mark. A dip down would
result in a $100 bet, and an
increase to the next level, ($120 X 10 units = $1200 + 6000
= $7200) would result in a $150
bet,($7200 X .02 = $144 or $150). It is important to note
that we always round up to the nearest
$10. Your bet size is increasing but your overall risk remains
the same.....Let's put this to practice
with what we have accomplished this year.
RESULTS BASED ON +140 UNITS
By increasing your bet size at predetermined levels without
increasing your risk you can safely
build a nice nestegg. Let's take a look at the results of a
person who started with $5000, bet our
Consensus and Personal Plays, and used this system. They
are quite impressive and might shock
some of you.
UNITS...............UNIT BET...............BANKROLL
0.........................$100..........
..............$5000
+10.....................$120............
............$6000
+20.....................$150............
............$7200
+30.....................$180............
............$8700
+40.....................$210............
............$10500
+50.....................$260............
............$12600
+60.....................$310............
............$15100
+70.....................$370............
............$18200
+80.....................$440............
............$21900
+90.....................$530............
............$26300
+100...................$640.............
............$31600
+110...................$720.............
............$38000
+120...................$900.............
............$45000
+130...................$1080............
............$54000
+140...................$1300............
............$64800
At +130 for the year you are still betting just 2% of your
total bankroll. Your risk is the same as
you started. You are simply taking advantage of an
increasing bankroll. The key is the
predetermined levels of increase.
CONCLUSIONS
We have been using this money management system for just
over 5 years and it works. You must
be patient in the beginning and you must be ready for some
rough rides along the way. Of course
at some point you will reach a level on your unit bet that
you feel comfortable with and you should
stop increasing your wagers and start dragging money from
your account. That, of course, is when
the fun begins. This only works when you are getting sound
advice on your wagers and that is
where we hope we come in. We work very hard to give you
consistant winners, but whether you
are handicapping your own games, or listening to what we
play on a daily basis, we sincerely wish
you the best of luck. We look forward to your questions and
comments.
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