What is Football Betting Money Management

December 1, 2010 NFL Football

Football betting money management comes down to iron discipline, a focused and consistent approach, and crystal clear vision.

If you lack self-discipline save yourself some time and don’t even bother drawing up an NFL football betting money management scheme, since you lack the self control to implement it and stick with it.

Football betting done on a whim and with wildly different amounts is going to fail most of the time. If you go 2-1 or 3-2 on a Sunday and still lose money, you obviously are not practicing solid football betting money management. If, on the other hand, you are capable of checking your emotions at the door and remaining disciplined you might just stand a chance at NFL football betting. If you are the type of football betting gambler that can go 2-1 or 3-2 on a Sunday and make money, you may have the ability to live with a money management plan for your football betting bankroll.

A money management plan must be consistent and focused for football betting. It must make sense and stay within the bounds of reason. Just as important, in order to effectively manage your NFL football betting bankroll you must already know what you are going to do well before you do it. In many ways, managing a football betting bankroll is no different than a football coach scripting plays or different circumstances. By preparing weeks in advance of the season and analyzing the different “what if” scenarios, you will be ready to know how to handle each different set of NFL football betting circumstances throughout the season. Best of all, by preparing a money management plan you will help defuse any emotional issues that occur with such gambling occurrences as “bad beats” or things of that nature. It will also serve as a check against you becoming too “giddy” and loading up after a good streak of wins in football betting.

Well before the football betting season even begins you should try and envision where you want to end up after the Super Bowl, where you want to be and how much you want your football betting bankroll to grow. By coming up with a realistic vision to achieve by season’s end you can stay focused with your football betting money management plan.

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