Menu

BET365: A Great Sportsbook To Enjoy All Of Your Favorites

BET365: A Great Sportsbook To Enjoy All Of Your Favorites

BET365: A Great Sportsbook If you’ve been following our series of articles that promise to put you on a competitive path when it comes to the world of sports betting, you must have already read our text that brought some tips on how to hit football guesses, right?

As we pointed out there:

The famous “bankroll management” is one of the most important factors that the bettor needs to take into account before investing their money in a disorderly way, without applying methods that minimize their chances of not being profitable in the long run.

But, after all, how to do it with quality and professionalism? Do I need to deposit a lot of money? Is it the value of the odd that will define the size of your bet? Is it necessary to always invest the same proportion in each guess?

BET365: A Great Sportsbook TIPS ON HOW TO MANAGE YOUR BANK

In today’s article, we will answer these and other questions, drawing a beabá of how to manage bankroll in betting, whether you are an amateur gambler or an “old monkey” in this market.

  1. PERFECTLY UNDERSTAND WHAT BANK MANAGEMENT IS

A huge number of gamblers usually ask the following type of questioning:
“Gee, if I understand football, I’m dedicated, I study confrontations deeply before making the investment and I try to reduce my risk as much as possible, why can’t I be profitable and I always end up losing all my money?”
It is mathematically impossible, in the long run, to be a profitable gambler without knowing how to manage the amount you have in cash in order not to lose it on unjustified bets.

To manage to bet, it is essential to have this control over the amounts to be invested, evaluating each possibility of profit and loss.

Bankroll management is nothing more than a tool that will allow you to control your bets and the amounts invested in each operation, improving your performance over time.

Drawing a parallel with everyday life:

For example, a citizen who receives R$2,000.00 per month cannot have expenses that exceed this amount, otherwise, he will end up in debt and this loss may snowball.

It’s exactly the same in the betting business.

If you mismanage your money, making proportionally high guesses in relation to the amount you have in cash, you will surely be heading to “break the bank”, that is, to lose all the amount initially deposited.

  1. DO NOT UNDERESTIMATE THE PSYCHOLOGICAL FACTOR

As in all areas of our life, the psychological factor can affect our behavior for good or bad decisions.

As it is a type of investment that stirs ecstasies, and frustrations and generates a lot of adrenaline, sports betting could not be different.

Ignoring the fact that the psychological part is completely tied to your method of managing your investments is shooting yourself in the foot.

Not doing a thorough analysis of where you are going to operate your investment, as well as not knowing how much money to invest in each guess, makes you never profitable in the long run.

And as one thing leads to another, this roller coaster of emotions from the betting life that fluctuates a lot during your operations affects your psychological state too much.

Although this is completely normal and understandable, the vast majority of gamblers end up being shaken when they see their money being thrown in the trash, precisely because a line of control of their expenses has not been applied.

  1. TAKE INTO CONSIDERATION YOUR FINANCIAL REALITY

If you really want to learn how to manage your bankroll in betting, don’t be delusional and put your financial reality in line with your monthly income and expenses, outside the universe of sports investments.

It is simply unacceptable for a gambler to deposit an amount that may be missing at the end of the month in operations in a market that is considered, by all experts, as a variable income platform.

If you receive a monthly salary of BRL 10,000.00, but your expenses do not exceed BRL 5,000.00, it is ok to invest BRL 1,000.00 in sports betting, after all, in case of loss, this amount will not be missed.

Now if you receive R$2,000.00 monthly and your expenses are around R$1,500.00, it is strictly contraindicated that you make deposits greater than R$100.00 or R$200.00… own money, according to your own financial reality.

Dedicating smaller amounts to betting is not synonymous with loss, quite the opposite. Stupidity is risking a value that may end up being missed in the short term.

  1. DRAW PLAUSIBLE GOALS

Another important tip when managing your betting bankroll is to outline clear directions and goals, without hallucinations, bringing meaning to your bets and putting you on the path to where you want to go after a specific period of time.

Relevant news