Never bet any money that you can’t afford to lose.ĭifferent people will have different definitions of what they can “afford to lose.” Be realistic in assessing your financial situation, as well as how much you can afford to hand over to an online sports betting site. How much money should you deposit into your sportsbook? The answer depends on your personal financial situation and individual comfort level. Just remember the following three steps, and you’ll have a basic grasp on how every “sharp” bettor regulates their bankroll. Three Simple Steps to Manage Your Bankroll
Taking advantage of a sportsbook welcome offer is always a good idea as well since promos like the ESPN BET bonus can help pad your bankroll too.Įvery sports bettor should always be conscious of their bankroll, no matter how often or how much they intend to bet.Įven if you’re just looking to inject a bit of excitement into the week’s games, you need to know how to manage your money realistically. To be successful, it’s necessary to blend your sports knowledge and research with a tiny bit of mathematical precision. Every sports bettor should always be conscious of their bankroll, no matter how often or how much they intend to bet. I’m Starting Out, Do I Need to Maintain My Bankroll?