Properly managing your bankroll is one of the most important factors when attempting to become a successful sports investor. Following two standard rules can help reduce your risk of ruin and maximize the effectiveness of a solid sports betting system.
We recommend a flat-betting system where your bet size is the same for each wager. Flat betting allows you to ride the ups and downs of investing and minimizes the the chance of going broke during a losing streak.
While experienced investors sometimes bet 4%-5% of their entire bankroll per unit, we take a more conservative approach and recommend a unit size of 1%-3%, especially for beginners, of your bankroll.
To learn more about money management and bet size, check out our sports betting articles.