“How much should I bet?”
This is a question that sports bettors ask me every week.
A few people will tell you about some complicated formulas, but I like to keep things simple.
My main rule is to bet an average of 2% of your balance on each bet. As simple as that!
By “capital” I mean the total amount you have invested in your sports betting account.
For example, let's assume that the balance in your account #1 is $500, you also hold $300 with a second accountant and an additional $200 with a third. In such a case, your total principal amount would be $1000.
If you follow my rule and have a total of $1,000, that means you are putting an average of $20 on the table for each bet (or 2% of your $1,000).
Of course, using this method will increase your bet total if you are successful. And if you lose money, your balance will decrease and so will your bet amount.
I would like to add one more important piece of information: depending on your confidence in each bet, you can bet between 1% and 4% of your balance.
No matter how much you like a particular choice, and even if you think it is a guaranteed win, never bet more than 4% of your total on a single bet! This is a big mistake that amateurs make and you don't want to make it.
I hope this article helps you!