LESSON 2

Bankroll management, accounting and Unit School

Sports betting can be one of the most lucrative investment if you choose to treat it as an investment. The problem is that a large majority of all sportsbettare are lost souls who plays without a goal.

First and foremost, before you place your first bet, you should evaluate the situation and determine a plan of action.
It's a bit like building a house. If you start putting up walls, ceilings, floors and stairs, etc., without regard to the foundation the house is on, then one day you come home to a pile of rubble. The same applies to sports betting.
If you bet random amounts of money on various games without thinking about how you will pay if you lose or what you will do with the prize if you win, you are destined to lose your investment! Those of you who recognize you take with you, this tactic will not be successful in the long run. In order to play more safely, you should also remember not to chase losses, added is laid, learn from where things went wrong, what variables you have not included in your assessment (weather, injuries, proper tactics), and realize that even the safest bets may come unstuck sometimes. Do not get desperate and locate other games at once. Then it is important to keep in mind that even if you want to become a millionaire overnight so built a solid million of regular investments under one plan.

It's very tempting to invest heavily in a match, especially if you are in a winning schools while it is pretty boring to just invest a small amount. Working under their own terms is everything and one must always work within their bankroll, no matter what it is!
Experienced sportsbettare know that loss suites are inevitable. To accommodate this variance is required to follow some basic guidelines to assure bettor if earnings stability over a long period of time. Do yourself a favor and "stay in the clip." Do not miss the season with a trip to your money is already gone during the preseason.

If your bankroll (the total amount you have intended to games) is 10 000 and your medelbet are more than 300 kr you play too much. If you have 1 000 to play for and your medelbet is 30 SEK to play too much. If your bankroll is $ 500 and you play for more than 15 per game, you play too much!
The common thread in all this is that it is YOU TO CONTROL THE SINGLE biggest obstacle to LOSING GAME. To repeat - no matter how you pick out your games, or if you just choose to shrink from any you have the ability to eliminate the biggest reason for losing games. All you need to do is to practice safe bankroll management.

So how much do you add per game?

It depends, of course, on your bankroll (how much you are willing to invest and can lose over a full season), but there is a general rule that applies whether you're a 10 KR-per-game bettare or if one is a 1 000 SEK-per-game bettare:
Play around 2-4% of your bankroll as a means and never play more than 5% of your bankroll on a few matches with even or nearly even odds. There are no "safe games." Try to get into it - there's no such thing as a "safe game". Any bet can be lost. Loss Service can and will happen.
Even if you put 60% of the games overall, so it will be weeks you only put 40%. It is something that is completely secure.
Can you make money by making use of this strategy? Of course! It is actually necessary to make money.
Without this strategy, you will always lose for a long time no matter how good you are at picking games.
If you hit 54-58% (which is what you should expect), you will lose a lot of money (and perhaps also decimate your entire bankroll) if you bet more than 5% of your bankroll per game.

If you're winning and inside a good flow, your work automatically increase and you can win even more. How? Simple! You use the percentage of your remaining bankroll.
As your bankroll increases, your betstorlek increase. The same applies vice versa, if your bankroll has shrunk, your work to shrink. A nice side effect of this is that, by definition, can never lose the checkout.
It is mathematically impossible to lose entire bankroll if you always bet a small percentage of it.

Basics: Remember, betta 2-4% of your bankroll per game average. If you are not as sure a bet, reduce to 1% and you feel very confident in a game, increasing to 4%. For those rare and special games that you absolutely love, you go up a little further, but never risk more than 5% in some circumstances. 10=5%

A must like sports players to post their games, game companies do not retain any information about you forever, it will disappear over time. It is important that you actively updates and tracks your progress as a player. It becomes so much easier to find out the possible mistakes you have when you post their games. Remember that even if the going gets tough for a while with many losses, you have to not give up, keep posting and think long term. I know myself that it is not fun to update the day after a förlustdag but it's just getting used to, no player in the world is able to go, plus every day.

One thing in terms of profits, it's net profit in consideration of post, if you bet 200 SEK at odds of 2.15 then you have not won 430kr 230kr without net. It is this profit that is interesting. I usually think of the odds of -1 and then take it times odds. (2.15-1 = 1.15, SEK 200 * 1.15 = 230)

Measure of success in the sports betting world is best measured via ROI% (return on investment). It is quite simple to understand the principle, it is a figure that shows how much profit you've managed to get on your sales of sports betting. Tex. if you have a total traded 62 500kr and succeeded with a net profit of 11 200kr you have an ROI% to 117.9%. The calculation is simple, (Net income / sales) * 100 then plussar you by 100. The net loss takes you (Net loss / net sales) * 100 and then 100 results. Tex. you have a net loss of 4300kr and has translated 21 000kr, (4300/21 000) * 100 = 20.47. 100-20, 47 = 79. 53%.

I recommend using the spreadsheet available here on the website, it really saves time and it takes care of most of the calculations for you, but it is important to understand why and the meaning of the records.

Think of it as a long-term receipt if you make good valuations and analyzes but be sure to have a large number of games before you judge how well it went.