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Gambling 101: What is Bankroll Management?

Related Topics: Houston

Proper bankroll management is important to a profitable, long-term and more enjoyable sports betting experience. While money is personal, and everyone spends it differently, there are simple practices that can help bettors avoid busting their bankroll.

First and foremost, players should never place bets with money they can’t afford to lose. Every wager is a gamble and a betting account should be funded with money that is set aside for entertainment purposes.

Percentage Betting Limits Bankroll Exposure

Depending on the amount of disposable cash available, recreational bettors need to determine a starting bankroll. For this discussion, we will use $2,000 as our initial deposit and open accounts at two sportsbooks.