Sports Handicapping - What is a Bankroll?

A bankroll is the money a sports bettor has to bet on games. I recommend every sports bettor have an actual bankroll and not bet on credit. The size of your bankroll is important but there is nothing in the sports handicapping business more important than managing your bankroll. I set goals with my bankroll. I divide it into 50 UNITs and at the end of each month I want to have at least 70 UNITs. Regardless of what I have, at the end of each month I take out my profit and I start the next month with the same 50 UNITs I had the previous month. I cannot stress enough the importance of money management in the sports handicapping business. Too many times I see sports handicappers talk up their picks and never talk about the bankroll management side of things. We are not psychics and we do lose bets so sound money management strategies are just as important as who we bet on. My bankroll strategy is the only reason I landed this job at this website and it is the only reason I am a $1000 a UNIT bettor today.

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