Rolling Bankroll

For as long as I can remember, people have been telling me-- "you need a bankroll to wager on sports". Now I don't know about you, but I don't know too many people who start off with a big greasy wad of cash with a rubber band around it, before they bet that first game. Most people, right or wrong, are "seat of their pants" players. They go week to week. Well for guys like you and me, living in the real world, I developed the concept of the Rolling Bankroll a few years back. I preach it to my clients and to everyone I sign up.

We play the "hot-sides," "syndicates plays" or "wiseguy games." Call them what you will. I strength rate these plays between one and seven units for my customers, based on the actual dollar amounts the pros are wagering, but generally an average play is about 2-3 units. One unit means different things to different people. Some guys bet 25 dollars per unit, others bet thousands. Determining your one unit amount is the key to using the rolling bankroll. Here’s the formula you need to figure out your own personal one unit amount.

Imagine the maximum amount you could afford to lose in any given week without suffering a heart-attack. I'm talking play money here, not the rent. The amount you could really put your hands on without too much trouble. Be honest with yourself, check your ego at the door. You should be able to lose this amount 4 weeks in a row, and still be alive to tell about it. Got an amount in mind? Good. Now divide that number by twenty, and you've got your one unit amount. For instance, if that weekly amount was $1000 then you play 50 a unit, 500 equals 25 per, and so on and so forth. This is a sneaky way of getting you to play with an 80 unit bankroll without actually making you set the money aside. If your one unit amount is small, don't be embarrassed, it'll grow.

Now that you know how much you can afford to play, be sure not to let anyone talk you into betting higher amounts. Only a real scum of the earth would ever try to talk you into betting over your head, You want to play consistently, the same way over a long period of time, not bury yourself with some "can’t miss" game. Any game can lose. If you follow the program religiously, here’s what you have accomplished. You've broken some real bad habits, stopped betting more than you can afford, and jumped off that losing treadmill you've been running on for years. If you find yourself down early in the week, you won't panic, press or run scared. You won't double up or back down. Why? Because you’re not terrified of losing and not being able to pay. You’ve accepted the fact that losing weeks are part of any winning routine. Taking it a step further, if you really want to wise up, you won't ever parlay, reverse or bail again. Straight bets only, by unit. Easy does it. For the first time in your life, you are betting amounts that you can actually afford to lose. Guess what? Now you can win. Now you're in for the long hall, betting like a Wiseguy.

Now you know the secret. People generally lose not because of what they play, its how they play that kills them. Gambling is a grind. Its not about "sure things" or "mortal locks", its about winning over time. Hanging tough when its rough, and riding those winning waves home when they come. I'd love to be the one to supply the surf board, but the rolling bankroll will work with anyone’s plays including your own. Play smart. Stay disciplined. Shop the lines. No Sucker bets ever. Get the Cash!


Brian believes in a rigorous exercise regimen
Brian believes in a rigorous exercise regimen
 
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