January 14, 2008

Sports Betting Champ & Bankroll Management

Welcome back. I hope everyone had a good weekend placing winning sports bets. With the NFL playoffs in full swing and the NBA & NHL in mid-season, there is no lack of betting opportunities. That is why managing your bankroll and determining where to place your bets is even more important.

You need to be disciplined and stick to your low risk betting strategy. This is hard to do, but can be made better if you decide to follow a sports betting system, such as The Sports Betting Champ System. Once you have made your picks you need to determine how much of your bankroll to bet.

This is probably the area where most people make mistakes. They bet too much of their bankroll and if the picks are bad, they won't have a bankroll after a few losses. Losses do come, but most betting strategies say that if you are winning 55-60% of your bets you are doing well if you manage your bankroll correctly.

To keep your betting bankroll growing, you need to manage your bankroll properly. After you determine the risk factor of your picks you then need to match that up to the percentage of your bankroll to risk. This should generally be between 1-5% of your bankroll. When you use The Sports Betting Champ System you can occasionally raise that to 7% at the most. This allows you to maximize the winnings from the systems picks.

When you first start out sports betting, especially if you are starting with a small bankroll, like under $500, your bets may seem small. That is OK and don't let that impression make you bet more. Once you start winning, your bankroll will grow. Then, because your betting amounts are based on a percentage of your bankroll, your bets will grow too! Again I want to warn you, BE DISCIPLINED!!

Stick to these guidelines to keep your bankroll growing and win at The Betting Sports Game. Also, try to pick and use a winning sports betting system. Follow its picks, do your homework and you will win.

You can get more information on this topic and many more by signing up to my newsletter.

Bet and Win,

Ed Manning
The SportsBettingChamp System

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