Bankroll management is one of the major skills you should acquire if you aim to become a successful handicapper in the long run. No matter how experienced or knowledgeable you are, the direction for the game can change at any moment. To put it the other way, there is no assurance that you will win the bet. Hence it is important to have a solid bankroll management strategy if you aim to become a smart basketball handicapper. Read on to understand the best strategies from expert basketball handicappers in bankroll management.
Choose Your Strategy
Each basketball handicapper will have a definite objective and different strategies while placing picks. Also, they differ in their financial capacity for placing picks. Before trying your luck in basketball handicapping, you should determine a bankroll strategy that fits your financial capacity. You should know how much you can afford to lose. It can be a deadly mistake to put all your money in the bankroll hoping that you will win the bet.
Determine Pickss For Each Round
Setting aside the total amount in your bankroll is just the first step. The next task is to determine how much you will pick in each round so that there are enough funds for the next rounds as well. Ideally, basketball handicappers should set a lower fraction for each pick to be on the safe side of handicapping. If you are not adventurous enough, you should pick 1-3% of the bankroll. Remember handicapping should be approached as a marathon and not a sprint.
Follow A Consistent Strategy
The right way is to understand, adopt, and stick to strategies followed by experienced basketball handicappers. Many handicappers find it difficult to follow a particular strategy in basketball handicapping. You should figure out a specific strategy that suits your financial capacity. For example, when you start winning picks you can slightly up your game and decrease the amount when you lose picks.
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