Money Management for Super Bowl Bets

December 1, 2010 NFL Football

Super Bowl bets for most people don’t involve money management.

That is sad because many sports bettors don’t understand money management.  If you are going to be a successful sports bettor, then understand that money management is important, even with Super Bowl bets.

Super Bowl bets are just like other sports bets.  You need a solid plan of attack if you want to win versus Super Bowl odds.  The first step is to have a bankroll. You can’t win any money on your Super Bowl bets without a bankroll.  After establishing a bankroll you need to understand that you should be betting only a small percentage of your overall bankroll in Super Bowl bets. Some of the so-called experts say that your bet size should be 5% of your bankroll. For the average bettor that is fine. If you are doing it professionally, then that size should be preferably one or two percent of your bankroll.  That is the best way to control your Super Bowl bets. Many sports bettors don’t adhere to this advice and they are probably going to lose money versus Super Bowl odds. The good sports bettor is going to show patience and discipline and that means practicing good money management with Super Bowl bets.  You should know that money management in terms of Super Bowl bets is not easy. It is hard to remain disciplined and stick to your plan, especially when looking at Super Bowl odds.

The best way to establish a money management plan is to set a percentage of your bankroll for every play, including Super Bowl bets.  Keep those bet amounts the same.  Don’t vary your plays based upon your opinions. If you keep the bets the same it helps you show more discipline with your plays and gives you a better chance to win money versus Super Bowl odds.  Super Bowl bets are the most popular type of bets because everyone wants to be in action on the biggest game of the season.  That makes money management very important because you don’t want to ruin your entire bankroll by betting too much on Super Bowl bets.  Keep in mind when you bet the Super Bowl this season that money management is important.  Don’t go off the deep end just because it is the last game of the season.

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