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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