A money management philosophy for 2009 March Madness betting should be as simple as the techniques and theories implemented by the best gamblers.
2009 March Madness betting gives you a lot of options and you must remain in control. The sportsbooks like parlays and teasers in 2009 March Madness betting because it can increase their profits and margins because such bets are low percentage plays for gamblers. That is not to say that you can’t look at 2009 March Madness betting lines and make the occasional parlay wager, but you can’t make them a big part of your overall money management strategy. The problem with parlays and teasers for any type of player is that they can take what would have been a winning day and make it either less of a winning day or even turn it into a losing day in March Madness betting.
Let’s take an example of the best strategy from the first day of March Madness betting. Let’s say the gambler went 5-3 on his eight basketball picks against the 2009 March Madness betting lines for the day. If this player was betting to win $100 per game in 2009 March Madness betting he would show an after “vig/juice” profit of $170 for the day. But if this same player screwed around with $100 worth of parlays on these eight basketball picks and none of them came in, (remember he lost three of his eight basketball picks), this player decreased his bankroll’s profit margin down to $70 on a day in which he hit 63% of his March Madness betting picks.
The next tip to 2009 March Madness betting money management is to keep all of your bets the same amount. When you look at the 2009 March Madness betting line remember that every game can look great, but rarely is that the case. For example, let’s say you have a $2,000 bankroll for 2009 March Madness betting. Keep all of your bets at 5% or less, preferably 2%. If you bet 2009 March Madness betting games at 2% then each wager would be to win $40. This keeps you out of trouble and in the game.
If you are looking 2009 March Madness betting games you don’t want to follow the masses and bet parlays and teasers and you don’t want to get reckless and bet 10% of your bankroll on every game.
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