Money Management


Your bankroll must be protected at all costs, a good bankroll will get you thru the ups and downs of sports wagering.

You must think of Sports Wagering in the very same light as you would Stock Market investments... in either form of investment, you have to have a "Cushion" to get you thru the ups and downs of a market that naturally rises and falls during any given cycle.

I recommend wagering NO MORE than 5% of your bankroll on any one game, period. I have found that the very best way to protect your bankroll is to incrementally raise or lower the amount that you will wager by "Percentage of Bankroll".

For example, lets say that you have a starting Bankroll of $5000, this should be an amount that is set aside and dedicated to nothing else but sports wagering, don't fall into the trap of the ordinary "Joe Public" type of gambler that does not start the season with a "Dedicated Starting Bankroll" and instead finds themselves dipping into their mortgage or rent payment or car payment and before long winds up playing with "Scared Money" because they know that they can not afford to lose, this type of gambler usually ends up digging a hole for themselves that they can not climb out of!!

When utilizing the "Percentage of Bankroll" concept that I mentioned, a top play selection would be 5% of your starting bankroll, in our example let's say its $5000, thus 5% of $5000 is $250.00, a medium play would be 3% of your starting bankroll, but most plays should fall into the "Regular" or small selection status of only 1% of your starting bankroll.

Each week your starting Bankroll would be different because of how you did the previous week, therefore, each week your wagering amounts based on 5%, 3%, and 1% of the bankroll would be different.

So, I would recommend either using a "Flat Betting" system which means that you wager the same amount on each contest but is still based on percentage of bankroll and self adjusts each week based on your new starting bankroll.

Or use the incremental system of 5%, 3%, 1%, to wager different amounts on different games, but keep in mind that the top wager is still only 5% of your bankroll... remember this simple rule of thumb and it will keep you out of trouble my friend!!

Using either system as I have outlined will keep your bankroll safe and sound over the ups and downs of a long season.

Football Forecastor is home to the nations most prolific sports handicapper, we specialize in NFL and College Football handicapping and take sports betting to a whole new level by treating sports wagering as an investment.

Over the past 30 plus yrs, I have been on both sides of the Sports Investment Business, as a entrepreneur that ran his own business, to building and maintaining a Private Clientele base that Greatly Benefits from my Superior Handicapping expertise in the sporting arena.

Football Forecastor has been an internet based sports handicapping service since 1997, we specialize in NFL and College football handicapping and over the past eight years have maintained one of the very best winning percentages of any sports handicapping service.

If you are looking for a Proven winner that churns out Consistent NFL and College football winning selections visit us at http://www.footballforecastor.com and start winning today!







Related News



800000 Signatures Delievered to Ohio Secretary of State for Casino ... - Cleveland Leader

Columbus Dispatch

800000 Signatures Delievered to Ohio Secretary of State for Casino...
Cleveland Leader, OH -Aug 5, 2008
The last attempt at getting casino gambling in the state was in 2006. The "Learn & Earn" measure was an attempt to get slot machines in area establishments ...
2 issues, ample backingColumbus Dispatch
First Keno, Now Possibly A Gambling Casino For OhioCasino Gambling Web
Ohio casino backers to submit signatures TuesdayBizjournals.com
Casino City Times - Akron Beacon Journal
all 77 news articles


Casino gambling almost a reality for Ohio - The Daily Advocate

Casino gambling almost a reality for Ohio
The Daily Advocate, OH -Aug 6, 2008
... submitted nearly 800000 signatures to the Ohio Secretary of State to place an initiative on the Nov. 4 ballot that will allow for casino gambling in Ohio.

Big Ten: Games weren't compromised by Pamon's crew - ESPN

Big Ten: Games weren't compromised by Pamon's crew
ESPN -2 hours ago
Sports, which revealed his history of bankruptcy, casino gambling, child abuse and allegations of sexual harassment. The report never alleged Pamon had bet ...

A cruise can mean choppy waters for gamblers - The Courier News

A cruise can mean choppy waters for gamblers
The Courier News, IL -8 hours ago
... ship to the Caribbean or some other exotic destination, you'll discover one of your entertainment options aboard the vessel will be casino gambling. ...

Ohio pretends Keno isn't really casino gambling: Phillip Morris - The Plain Dealer - cleveland.com

Columbus Dispatch

Ohio pretends Keno isn't really casino gambling: Phillip Morris
The Plain Dealer - cleveland.com, OH -Aug 7, 2008
What really steams me about Keno, Strickland's latest gambling offering, is the fact that it's about as close to casino gambling as you can get without ...
Ohio hopes to get lucky when keno starts MondayAkron Beacon Journal
Lottery players take a gamble on Ohio’s 1st day of legal KenoToledo Blade
State Lottery Keno Gambling Showing Hypocrisy Of Ohio LawmakersCasino Gambling Web
Canton Repository (subscription) - WKYC-TV
all 104 news articles

American Gaming Association CEO Frank Fahrenkopf on the P5s Podcast - PocketFives.com

American Gaming Association CEO Frank Fahrenkopf on the P5s Podcast
PocketFives.com -16 hours ago
The AGA was formed in the mid-1990’s in response to a threat in Washington, DC to casino gambling revenue. Fahrenkopf explains, “The idea for the AGA came ...

Analysis foresees gains well short of Patrick estimates - Boston Globe

Capital News 9

Analysis foresees gains well short of Patrick estimates
Boston Globe, United States -11 hours ago
All told, the study estimates that casino gambling would produce $1.23 billion to $1.78 billion in annual gross gaming revenues - less than the $2 billion ...
Mass. study: Casino forecasts both hit, miss markForbes
Study urges state casino pact with tribeSouth Coast Today
Report Shows Casino Projections Hit, Miss the MarkMy Fox Boston
Washington Business Journal - Boston Herald
all 43 news articles

Casino Gambling: MGM Mirage Q2 profit falls due to economy - Online Gambling Paper

Reuters

Casino Gambling: MGM Mirage Q2 profit falls due to economy
Online Gambling Paper, GA -Aug 5, 2008
MGM Mirage (NYSE: MGM), the world's second largest casino gambling operator said today the profits fell in the Q2 of 2008. According to the gambling giant, ...
The Chips Are Down in Vegas, but Steve Wynn Is Betting BigNew York Times
MGM Mirage 2Q profit falls 68.6 percentForbes
MGM Mirage gets CityCenter financingReuters
TheStreet.com - Forbes
all 124 news articles

Gambling only the beginning at Sydney's Star City Casino - Courier Mail

Gambling only the beginning at Sydney's Star City Casino
Courier Mail, Australia -4 hours ago
It was after all, my first foray into a casino gambling room in about 30 years. I have grown up believing that gambling is a self-imposed tax for the ...

Casino group, state disagree over projected revenue - Pittsburgh Tribune-Review

Casino group, state disagree over projected revenue
Pittsburgh Tribune-Review, PA -2 hours ago
After five years, gambling regulators think the casino will take in $611.6 million -- more than $100 million above what Bluhm's group predicts. ...