Money management

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Money management

 

There is a plenty systems of betting: star betting, the Kelly Criterion, double-up systems, etc.  I knew a system  used by pros (bet’s size 3-4% of your bankroll) . But it was a few years ago. I thought star betting system was more profitable and tried to prove it. But after inevitable losing streak of  large bets (small bets didn’t save)  I've refused from so dangerous system. There is the one and only real  serious  system of betting: the size of a bet should be 3-5% of your bankroll on every bet.  Actually I increase 10-12% of my plays till 1.5 unit (6-8% bankroll). It happens if my analysis and guts tell the same.  

There will be times when you lose more than you win. Inevitably, they will happen to everybody. Don't press their losses, raising the stakes to get back to even off a losing streak.

 

 

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