Manage Your Money as You Bet on Football

December 1, 2010 NFL Football

Bet on football success is all about money. If you can manage your money you have a real chance to win at college and NFL betting.

If you don’t manage your money properly as you bet on football then you are just betting to have fun. Bet on football money management is of far more critical importance than knowledge about the NFL teams and games. A guy may be able to pick more winners than losers when he goes to bet on football but if he cannot manage his money effectively he will still operate in the red, rather than in the black with a seasonal profit. On the other hand, a guy that picks about half of his games correctly but is a master at money management will operate in the black and show a profit for the season.

The first order of business is to understand what a bankroll is when you bet on football. A bankroll is the money that you have left over only after you have accounted for all of your living expenses. You should not “bet the rent money” as the saying goes as you bet on football.

Once you have established a true gambling bankroll you must next decide how to allocate it on each game in college or NFL betting. It is best to wager between two and three percent on each game and no more as you bet on football. What you want to do is to make your bankroll last and to avoid exposing it to needless risk as you bet on football. When you hit a slump you will still be in the game by managing your bankroll this way, whereas if you are betting large percentages of your bankroll on each game and hit a bad streak in college or NFL betting, you’ll lose a large chunk of your overall gambling bankroll in no time as you bet on football.

At the absolute maximum, you should never bet more than ten percent of your bankroll on any one game in college or NFL betting, and really that is not a good idea, no matter how good a game looks, because there are no locks when you bet on football. It is also good for those with larger bankrolls to allocate only a certain amount for each week of action as you bet on football.

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