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Sports Betting Bankroll Management

Wagering online is a great way to have more fun when watching sport as you get personal involvement in the outcome. To have a chance to be successful over the medium and long term, you need to have sound bankroll management. Our experts offer their expertise by providing daily wagers picks and related stakes to grow a small bankroll while having fun online betting. Challenging right? Yes, it is, but we do have the best expert cappers that can help up!

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How Much to Bet And How To Manage The Bankroll?

There are many theories on how to manage your betting bankroll. None of those are valid all the time but can be helpful if adapted to a particular situation. For instance, many suggest staying away from parlays and other exotics markets, where the sports betting sites have the highest margins. Although the margins are higher for the house on parlays bets and unpopular wagering markets, you can still find opportunities where it might make sense to place a parlay bet. So it basically depends on the circumstances, and this is where the experience cappers really make the difference as they can read odds vs probabilities and spot when it is the right time to get involved. However, you shouldn’t stake more than 6% of your cash, regardless of how good you think an opportunity might be.

We suggest a range between 2% and 6%: you need to determine what calculated risk to take depending on the circumstances. The most important thing is to learn to manage your emotions, both when you win and when you lose. This will help you manage your betting bankroll a lot more efficiently. Also, make sure you always keep track of your wagers. This will help you rationalise over time and will help you overcome the emotion of the moment. 

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John was born and raised in London, John has always been in love with American sports. He started to write football articles back in 2006 on his own blog and has also worked for several newspapers. John other passion was betting and has worked as a trader for several top sports book in the UK. As sports trader and has joined leading UK betting tipping site BettingTips4You in 2013 and he is now head of content. He has a great passion for US Sports so hasn't wasted the opportunity to write also for NewJerseySafeBetting, now that online sportsbetting has been legalized in the state.