Lesson 4: Bankroll Management
Proper bankroll management is the key to long-term betting success. It helps you survive losing streaks and maintain discipline in your betting approach.
Key Points:
- Setting a realistic betting budget
- Unit-based betting system
- Recording all bets and analyzing results
- Managing risk through stake sizing
Setting Your Budget
Determine an amount you can afford to lose without affecting your lifestyle. This is your bankroll.
Stake Sizing
- Use units (1-5% of bankroll per bet)
- Higher confidence = higher units
- Never exceed maximum unit size
- Adjust units as bankroll changes
Record Keeping
- Track all bets: stake, odds, result
- Calculate ROI and profit/loss
- Analyze patterns in wins/losses
- Use spreadsheet or betting app
⚠️ Important Betting Disclaimer
The information provided in this betting school is for educational purposes only. Please note:
- • Betting involves substantial risk of loss and is not suitable for everyone
- • Never bet with money you cannot afford to lose
- • Betting can be addictive - if you need help, contact the National Gambling Helpline
- • Past performance is not indicative of future results
- • This is not financial advice - always do your own research
- • You must be 18+ to participate in sports betting
⚠️ If you feel you may have a gambling problem, please seek professional help immediately.
