2007/11/22

How much do you bet ?

Following a staking strategy is very important.

The majority of sports bettors lose in the long run basically because they do not follow a sensible betting staking strategy. Professional gamblers manage to stay professional mainly because they adhere to a staking management system.

In general,soccer bettors increase the size of their bets too quickly whether they go on a winning or losing streak. Without a system, one is more likely to place too much of his winnings or chase his losses on the next game's to the benefit of the bookmaker. Undue risk is put on individual bets when you do this.

Following a betting staking plan inherently instills discipline in your betting patterns. A systematic method of increasing your bets progressively protects your betting bank and ensures long-term profitability.

1. Nominate a fixed sum of the funds you have available for betting. This will be your Betting Bank. (We recommend setting up an actual bank account for this.)

2. Divide your total Betting Bank into 100 units.

3. When your wins adds your bank up to 125 units or more, divide this total into 100 units again, to the nearest euro (or dollar). This will be your new Betting Bank with an increased size per unit.

4. Do this every time your Betting Bank reaches 125 units.
Assume your initial Betting Bank is 1,000 euro.
Dividing this by 100 makes each betting unit 10 euro.
After 10 bets, your total funds available for betting (including your wins) become 1,250 euro which is 125 units according to your Betting Bank.Divide this 1250 euro (your new Betting Bank) into 100 units.The size of each of your betting unit is now 12.5 euro. (You may choose to round this up to 12 euro or 13 euro.)

Notes

If you choose to be less aggressive, you may want to wait until your betting bank becomes more than 120 units before you increase the size of your betting units. For example, 130 units or 150 units. The reverse is true for this betting strategy in the unlikely event that you suffer losses. If your initial Betting Bank goes down to 75 units, you divide the 75 by 100 and your decreased betting unit is now7.5 euro in the above example.

Good luck , be smart but bet smarter !

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