Why Bankroll Management Matters
Your bankroll is the money you have set aside specifically for betting. Managing it properly is the single most important skill for long-term success.
Without discipline, even skilled handicappers go broke. Variance is real—you will have losing streaks regardless of your edge.
The golden rule: Never bet money you cannot afford to lose.
Unit Sizing Strategy
A unit is a standardized bet size, typically 1-2% of your total bankroll.
Example with a $1,000 bankroll: - 1 unit = $10-20 - Standard bet = 1 unit - Strong plays = 2 units max - Never exceed 3 units on any single bet
This approach ensures you can survive losing streaks while still capitalizing on good opportunities.
Bankroll Checklist
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