The trick is very simple. In fact, instead of going for the same amount on each bet or double your bet each time you experience a lose, you will simply bet 5% of your bankroll on each bet. So, starting with a bank of $1000, your first bet is 5% of $1000 which is $50.
If you win this bet, you have now a bankroll of $1051.25 so the next bet is 5% of this bank which is $52.6, you round up to $53, If you win, you add this profit to your bankroll and you have a new bank of $1104.69.
Your next bet is $55.24, you round up to $56, if you lose, you will have a bankroll of $1048.69. So, your next bet would be $52.43. In this case, just round up to $53...and so on.
One of the problem people are having in sports betting is the use of money management and if you don’t handle this issues properly, it can affect your bankroll even if you are making profit because you don’t know when you are going to experience a losing stake.
So be patient to work out a good money management even before you start placing bet online!
Be wise and plan ahead
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