Money management is one of the most important things in betting. Some punters say that it is the most important and even a weak player could gain some profit in correct way of using its money. I have read lot of posts about money management and I have tried some of them. I have also tried me own ideas, but with all this years of experience right now I use only one system I found in a betting book called Betting winner.
I do not have a link to that book, but I am sure if some of you were interested you would find it. Here is what is said for money management and what I do.
No matter what kind of system is used the bankroll is divided into four equal blocks. The punter is playing only with one of the blocks and use it as his own bankroll. The other three are for protection. Here is an example. You have 100 units, so you will play with 25 of them. You percentage for every bet will be count on those 25%.
If you win another 25% then you calculated again your blocks and divide them to four parts. So right now you will play with 31.25 units. The same would happen of you lose all your money. You would play with 18.75 units.
However I like to play with 3% of my bank on every bet, with increasing or decreasing of the bank. But I have my lower border
Hello.
I like your site and wanted to know if you would be interested in exchanging blogroll links.
Thanks in advance
Comment by Sue Massey — 19.05.2009 @ 17:31
You can write me on the mail.
Comment by admin — 19.05.2009 @ 20:01