Building Your Bankroll
The first thing one needs to do before they even think about laying a bet down is: set your bankroll before the season even begins. You have to know how much money you are going to start with. To clarify what a bankroll is, it's the total amount you have saved up, put in dresser and so on, and can afford to lose and not effect the way you eat, sleep, live, etc?
Next, one needs to set a base amount or percentage of their bankroll that they are going to bet on each game. This means, it will be the same amount for each game all year. Now you may be thinking, what if you have a for sure bet, shouldn't you bump it up?
Remember this, no matter how much someone tells you they have a "lock" or sure bet, there is no such thing! We strive for 100% every time but that most likely will not happen. If it were true we could get 100% correct, we would all be millionaires. You are doing the set amount for one thing: making it through the long haul of the season. If one was to bet a set amount for the season and hit on a clip of 60% there is a real good chance of doubling your money!
I don't know of anybody who doesn't mind doubling their money in just a few short months. Last thing to remember when it comes to setting a base amount to bet, make sure the amount is an amount you are at ease with. There will be times where the weeks are not too kind to you, so by betting a easy set amount, you won't feel too bad when those weeks come by.
Lastly, Do Not Play Catch-Up! If you are betting a set amount and are on a losing streak, do not try and play catch up because it will end up biting you in the butt. Remember, by setting an amount on each game, all you need to do is hit 50% of the games for the year and you break even minus the vig. If you are behind and feel you need to play catch up and double or triple your set amount to "catch-up" your bankroll can take a dramatic hit.
If you keep your set amount through the season anything above 50% winning percentage will give a profit at the end of the season! There is no real reason to play catch-up and it is not worth the risk!
Leo Mendelsohn
Richard Peraldo
Thehooks
http://www.thehooksfootballpicks.com
MORE RESOURCES:
 |
|
|
RELATED ARTICLES
Online Casino Sign-Up Bonus and Match Bonuses - Easy Way to Lose Your Money
Online casinos have many ways to "trick you" into gambling. One of the most common ways is offering casino bonuses, which can be divided into several categories.
Texas Holdem Poker Terms
If you're new to Texas Holdem poker this article will be very useful. It's fairly easy to find online poker articles that offer tips and strategies to improve your game, but often they're filled with confusing Poker Terms.
Roulette Strategies - The 10 Commandments for Bigger Profits!
You will see many roulette strategies on the net.Here we have gathered the 10 most important strategies for playing roulette and maximising your profits.
Bingo - It's Birth and Beginning
The true origin of bingo dates back as far as the mid 16th century and is connected, strangely enough to the unification of Italy in 1530. This unification saw the introduction of a National lottery system, known as "Lo Giuoco del Lotto d'Italia" held each week.
Slot Machines
On average, one third of the casino's total revenue is generated by Slot machines. Compared to other casino games such as Baccarat, Blackjack, Craps and Roulette, Slot machines have a number of advantages which explain their popularity among casino players.
The History Of Blackjack
The origin of Blackjack is somewhat unclear. Some people believe that Blackjack originated in French casinos in the early 1700s where it was known as "vingt-et-un" ("20 and 1").
Money Management: The Real Smart Money
Money Management: Picking "your" spotI'm sure we've all talked about money management, but how many of us practice what we preach/are preached about it??? After a decade of betting, I never thought I'd be writing articles about restraint when it comes to Sports Betting. I guess it's easier for me, personally, now that I've become a better handicapper.
American Gambling Basics
Casinos have always been a destination for the wealthy and the famous, however, these days they are hoping to be a regular stopover. But the gambling cannot be confined to one spot.
Texas Holdem Poker Tournament Strategy - Starting Hands
Welcome to the fifth in my Texas Holdem Poker Strategy Series, focusing on no limit Texas Holdem poker tournament play and associated strategies. In this article, we'll examine starting hand decisions.
Gambling History of United States
Against the popular belief, gambling did not originate in the US. Most of the popular gambling games played in the American casinos have their origin in various foreign locales.
How to Profit at Online Poker Over the Long Run
The first and most important step is to take notes. Use a spreadsheet.
Would You Bet on Your Brand? - Three Strategies for Winning at Brand Poker
It seems you can't turn on the TV without seeing some sort of World Series of Poker contest. Poker, especially, Texas Hold 'Em, has become extremely popular.
Baseball is Back!
What are your goals for this season?In another week the boys of summer will be back in action for another season of Major League Baseball. During the start of each sports season I like to evaluate how things went the previous season, and set my goals for the upcoming season.
How to Play Two Pairs in Draw
The most perplexing holding in draw poker is two pairs. Playing other holdings is almost always a cut-and-dried matter compared with the problems faced by the man with two pairs.
Money Management, Why You Need to Manage Your Bankroll
You should only play games that your bankroll will allow. If you have 200 dollars to play with for a month you don't want to lose it all in the first week playing a 5-10 no-limit game.
An Easy Way to Become a Good Blackjack Player
Learning to play the game of casino Blackjack reasonably
well is not rocket science, regardless of what the dozens of
books on the subject would have you believe.Playing professionally at the expert level, as is true of
any game, is indeed complex and takes years to perfect.
Playing Online Poker For A Living
Playing online poker for a living is absolutely doable, but it takes a combination of talent, dedication, patience, discipline and disposition to succeed.You must study and constantly work on the weak parts of your game.
Online Bingo - Internet Craze
Traditional Bingo has been a popular pastime for many years throughout the world. It's a great meeting place for friends and family and a great place to meet new people in such a relaxed atmosphere.
Las Vegas Gambling Basics
The gambling scene, not only of North America but also of the entire world has one illuminated name that cannot be left out. Las Vegas - the city of paradise for gamblers.
The Joys Of Playing Internet Poker
I started playing poker on the internet about six months ago and I must say I absolutely love it.I had had no real interest in poker until I watched it at a friends house on satellite TV.
|