Knowing the right amount to bet on every sporting event is the most important factor in making sure you make money on gambling. This article assumes that you have an internet betting account and you make a deposit and use those funds until it grows and you withdraw funds or you use those funds until you run out of money and “bust” the account.
The Basics:
First, the basics, using a deposit money and a credit card, unless you pay off that credit card every month. Second, do not deposit money if it is money you cannot afford. Third, do not gamble with money that you need for food, groceries, gasoline, the rent, the mortgage, utilities or your other monthly obligations. In sum, you should only use recreational funds to gamble link vào 188bet.
How much to bet per event:
Unless you are in some form of chase system (see our article on “Chase Gambling”) you should never bet more than 2% to 4% of your total balance on any one event. And you should always bet the same amount on each sporting event. The reason for this is that you can continue to gambling with the same amount of funds if you end up with a massive losing streak. All the time gamblers will bet $ 100 per game when their balance is $ 1,000.00 or $ 200 or even $ 500 per game when they only have $ 800 in their account. There is no other way to say it, except this is an uneducated method.
Why 3% of your balance is the perfect amount to bet on:
If you bet 2% of your balance on any given game, then you can endure a 50 game losing streak, before your account hits zero. If you gamble 3% of your account balance, then you can bust before a 33 game losing streak. However, the gambler who beats 10% of his balance can only lose 10 games before he loses everything. If you bet 20% off your balance then you can only lose 5 games, and from there it only gets worse.
If you are gambling, you have to recognize that you have hit streaks, sometimes 10 games straight, there is a reason why it is called gambling. You must protect yourself by enduring a long losing streak. Below is a simple chart, a safe number is 3%:
BALANCE PER GAME
$ 3,000.00 $ 90.00
$ 2,000.00 $ 60.00
$ 1,000.00 $ 30.00
$ 500.00 $ 15.00
$ 250.00 $ 7.50
$ 100.00 $ 3.00
When to Increase How Much You Bet per Event:
Make sure that you maintain the maximum amount of your account, the amount to bet on the game, and you should increase your initial balance by 25%. Thus, if your account is up to $ 500.00 and you are betting $ 15.00 per game, you would only increase the amount of the bet once you have the initial $ 500.00 by 25% or $ 125.00 and your total balance is $ 625.00. At this point you would then re-apply the 3% and begin betting $ 19.00 per game ($ 625.00 times 3%). You would continue to bet $ 19.00 per game until you increased your balance to $ 780.00 (a 25% increase from 625). Once you hit $ 780.00 you would begin to bet $ 31.00 per game.
Why do you do the cost per event:
Once you set the amount you are going to bet on the game, do not stray from that number and that number will be your minimum. You should not ever lose the cost of the game. If you do, you will be chasing smaller wins with bigger losses. It is a cycle that you can get out of – as much as you lose your betting less money than the next event.
When to make a withdrawal from your account:
You should only withdraw from an account once you have increased your balance by at least 50%. Thus if you started with $ 500.00, you would not withdraw until you hit $ 750.00. Once you hit $ 750.00 do not withdraw more than your winnings (unless you are going to gamble with that book more). If you want to withdraw funds, withdraw half of your winnings and remember that at this point it is the right amount to reduce the amount you bet.
Examples:
Let us take two examples of Gambler with a $ 3,000 and each bets 3% per game, Gambler One increases and decreases his amount after each game. The Gambler two bets are a flat sum regardless of the balance. Each gambler bets 10 games, and wins and loses the same order (alternating wins and losses (5-5 record)). Here are the results:
Gambler One: Starts at $ 3,000.00 Beats $ 90.00 per game and changes amount per game (always 3%)
Game 1: $ 3,000 balance bets 3% $ 90 and wins $ 81.82 ($ 3,081.82)
Game 2: $ 3,081.82 balance bets 3% 92.45 and loss – $ 92.45 ($ 2,989.36)
Game 3: $ 2,989.36 balance bets 3% $ 89.68 and wins $ 81.53 ($ 3,070.89)
He has a total of ten games for alternating wins and losses, with $ 2,947.19 for his ends
Gambler Two Bets $ 90.00 For Every Game And Alternates Wins And Losses And The End Of The Ten Games He Has $ 2,959.09.
Thus, the same record, the same order, different philosophy and gambler two has more money.