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. I preach it to my clients and to
everyone I sign up.
We play
the "hot-sides," "syndicates plays" or "wiseguy
moves." 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 Sharps are wagering, but generally an
average play is about 3 units. One unit means different things to different people. Some
bet $25 per unit, others bet thousands. Determining your one unit amount is
the key to using the rolling bankroll. Here is 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 forty, and you've got your one unit amount. For instance, if
that weekly amount was $1000 then you play $25 a unit... $750 equals $20
per... and so on and so forth up or down. This is a sneaky way of getting you to play
with an +160
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 convince you to bet over your head. You want to
play consistently, the same way over a long period of time, not bury yourself with some
"cant miss" game. Any game can lose. If you follow
my program
religiously, heres what you have accomplished. You've broken some really 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 youre not terrified of
losing and not being able to pay. Youve 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 out again. Straight bets only, by unit. Easy does it. For the
first time in your life, you'll be 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
all professional gamblers know. People
generally lose not because of what they play, it's 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 it's rough, and riding those long winning waves home when
they come. I'd love to be the one to supply the steady stream of winners you'll
need to be successful, but the rolling bankroll will
work with anyones plays including your own. Play smart. Stay disciplined. Shop the
lines. No Sucker bets ever. Get the Cash!
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