Bankroll management is one of the most underrated skills in the Baseball Betting circle. It is an aspect that is often over looked. However, because of its importance to your betting success, the player must learn to manage it intelligently.
Your betting success or failure really boils down to this:
- How Many Games will I play?
One of the keys to proper betting strategy & implementation is the number of games you will play. Profound knowledge of this number is a roadblock to your betting success. It is like North vs. South in Football, or left & right in golf.
You know you shouldn’t be investing a lot of your time in any more than 2 sportsbooks, each having %100 the same games, such as NBA, NFL, and MLB. This would require a massive amount of time investment, and because you probably would not be successful, you wouldn’t have the discipline or focus required to implement an effective system.
On the other hand, if you know the best number to bet on (-110), you can save yourself from losing money, and still have enough time to make money. The bookmakers’ profit will come from players making mistakes, but you are the one making the mistakes.
- How Much Money do I need for effective betting strategy?
The amount of money you have to bet with depends on the time you have available to bet. The O’Hern system is quite aggressive and will win very little if you bet in the thousands. However, the goal of this system is not to accumulate a lot of money but to win enough each time you bet to make your losing sessions more tolerable than your winning ones.
You can choose the amount you want to invest with, and when you win, TD would save you from Terminal bad beats. You can also choose to bet more frequently if you’re experienced.
For the novices among us, we can learn from BATS (Better than 11 System) which is the only system I know of that strategies the better than 11% chance of a bet winning. It can be a little complicated for the beginners, but it will be well worth it once you get the hang of it.
- What kind of bet selection do I want to perform?
While you can perform any kind of bet, for an expert the many options offered are a little more difficult to grasp. You might first try a bet on who’s going to win the next several points in a game, or you can challenge yourself by making a choice not the least bit insane.
In a game like NFL, you can bet on the winning of a team or the final score. You can also bet on the margin of victory. No matter what options you go for, you’re relying on the fact that the outcome of the game will be better or worse than any other outcome you can pick.
- How much can I expect to win?
Another tell-tale sign of a bully is the amount of money they’re betting. Football bets look for the high risk investments in the experts like the experts at BATS. If you’re not sure you can make any money, the experts would always advise you to start betting with low amounts and slowly work your way up.
- What kind of game are you betting on?
Interleague games are very difficult to predict. One example of a game like this is the match between the MPO500 and the NY Mets. There are a lot of factors that could determine the outcome, like the hitting or pitching of the opposing teams. Betting in this game is almost like taking a test. You have to study all the sheets of data but you have to avoid mistakes.
- What kind of betting strategy are you implementing?
It is advisable to use the same kind of betting strategy for your entire betting season. It is very important to choose the right and the best sportsbook as every sportsbook sets its own lines. The difference is that the experts at BATS have done the research and you as a new bettor are working with what you have learned.