Building Your Bankroll

The first thing one needs to do before they even think about laying a bet down is: set your bankroll before the season even begins. You have to know how much money you are going to start with. To clarify what a bankroll is, it's the total amount you have saved up, put in dresser and so on, and can afford to lose and not effect the way you eat, sleep, live, etc?

Next, one needs to set a base amount or percentage of their bankroll that they are going to bet on each game. This means, it will be the same amount for each game all year. Now you may be thinking, what if you have a for sure bet, shouldn't you bump it up?

Remember this, no matter how much someone tells you they have a "lock" or sure bet, there is no such thing! We strive for 100% every time but that most likely will not happen. If it were true we could get 100% correct, we would all be millionaires. You are doing the set amount for one thing: making it through the long haul of the season. If one was to bet a set amount for the season and hit on a clip of 60% there is a real good chance of doubling your money!

I don't know of anybody who doesn't mind doubling their money in just a few short months. Last thing to remember when it comes to setting a base amount to bet, make sure the amount is an amount you are at ease with. There will be times where the weeks are not too kind to you, so by betting a easy set amount, you won't feel too bad when those weeks come by.

Lastly, Do Not Play Catch-Up! If you are betting a set amount and are on a losing streak, do not try and play catch up because it will end up biting you in the butt. Remember, by setting an amount on each game, all you need to do is hit 50% of the games for the year and you break even minus the vig. If you are behind and feel you need to play catch up and double or triple your set amount to "catch-up" your bankroll can take a dramatic hit.

If you keep your set amount through the season anything above 50% winning percentage will give a profit at the end of the season! There is no real reason to play catch-up and it is not worth the risk!

Leo Mendelsohn
Richard Peraldo
Thehooks
http://www.thehooksfootballpicks.com

More Resources

Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting

More Casino/Gambling Information:

Related Articles

Buying A Thoroughbred: Is It For You?
Buying a thoroughbred can transform a man. Horseracing is the sport of kings, and owning a thoroughbred racehorse can truly make a man feel like a king.
2005 NFC West Football preview
OVERVIEW: NFC WestThe Arizona Cardinals have posted a mark of 22-42 straight up over the past four seasons which is by far the worst win/loss record of any team in the NFC West, however, that's all about to change in 2005 as I fully expect these Cardinals to win this division and make the playoffs, remember that you heard it here first!Cardinal HC Denny Green had another fantastic draft highlighted by picking CB Antrel Rolle and RB J.J.
YOUR Advantage With Online Poker Table Notes
The importance of taking notes on your opponents can't be stressed enough. The more you play, the more you value the information that you have collected on each player at your table.
Amazing Lottery Secrets - Just the Facts!
When it comes to Lottery Secrets, we've discovered amazing and powerfulinformation, that we feel anyone who plays their respective lottery shouldbe aware of. Did you know that the greatest percentage of lottery playerschoose to "quick pick" their numbers?If you knew this bit of information you might want to reconsider.
Poker
Americans play Poker in many places such as in casino card rooms, online and at home. It is estimated over $170 million in bets are made through online casinos everyday and this figure may double by 2006.
Land Casinos Vs. Online Casinos
Since the emergence of a few online casinos in 1996, the growth and popularity of the online gambling industry has skyrocketed at a phenomenal rate. There are currently thousands of online casinos generating an estimated annual revenue of over USD $7,000,000,000.
Online Gambling Casinos - Wear Your Thinking Cap and Prosper
I receive many emails each week from people who deposited money at an online casino, only to walk away empty handed merely minutes later. Most of them are quite upset andunderstandably so.
The Secrets of the Hard Ways
Pssst..
Expensive Errors in Holdem
There are several expensive errors that are frequently made in poker, especially Hold'em. This article will discuss the two most expensive errors that players make.
Asian Handicaps Explained
The most common way to bet on football in the UK is with 3 way betting (sometimes called 1X2). The three options are home win, draw and away win.
The Other World Series: The 2005 World Series Of Poker
Growing up, the American dream for many boys was playing major league baseball and hitting the game winning home run in the final game of the World Series. This dream is usually shattered for most when in their teen years the reality hits, that they're not an athlete and have no chance at a career in professional baseball.
Why Play Texas Hold em?
Ah, yes-the Texas hold 'em explosion. Seven years ago, when I first started playing, the Texas hold 'em community was comprised almost entirely of the collection of retirees who haunted the local 1-4-8-8 games, a sprinkling of mild mannered pros who played for a living, and a healthy percentage of truly degenerate gamblers who would now and then stagger into the card room after a blistering run at the craps table.
Gambling Addiction Affects More Then Just The Compulsive Gambler
At one point in time our society believed that gambling addiction only affected the gambler. However new information now available and those directly affected realized that gambling detrimental to the economic, political, social and physical well being of individuals, the community and the nation.
World Series of Poker Mania
The popularity of the World Series of Poker gained tremendousmomentum from The Travel Channel's World Poker Tour showings. Although the event had been showing for a number of years on ESPN, when new technologies such as the table camera were used,television watchers began getting involved in the hands as they were being played.
Always Look For The Best Online Sportsbook Before You Start Betting Online
Before you sign up with an Online Sportsbook and start betting online, you sure need to find out what to look for in a sportsbook service.The main idea of sports betting is to defeat so-called oddsmakers in order to win some money.
Texas Holdem Tournament Poker Strategy - Betting Is Communicating
The "Language" of Poker BetsWe humans are very perceptive creatures. We are able to communicate in many different ways with one another.
Online Gaming In Your Face?
Whether it is on the street or online, one cannot escape the force that has become the state of Internet gambling. You cannot hide from it because it is crossing international borders as easily as George W.
Addicted Gambler Can Not Stop Gambling Due to Tactful Advertising By Local Gambling Establishments
Gambling has been a form of entertainment since the beginning of time. Today gambling establishments have created a world with in a world of beauty and elegance in order to entice you to enter their enterprise.
Senior Citizen's Gambling Addiction On The Rise
Over the past few months there has been a significant increase in the number of seniors who have taken up gambling as a new form of entertainment. Through this exposure a larger percentage then expected have become addicted to gambling.
The Rise Of Online Poker And Why This Could Spell Disaster For The Inexperienced Gambler
The growth in online poker has been phenomenal over the past two years with the industry more than tripling in size to a staggering $1.5 billion.