Bankroll management means controlling how much of your total betting funds you risk on each bet. It’s one of the most important skills for long-term betting success.
Without a plan, it’s easy to chase losses or over-stake when you’re confident, which can quickly wipe out your bankroll.
Example of Bankroll Management
If you have £500 set aside for betting and stake 2% (£10) per bet, you can withstand losing streaks without going bust.
Strategy Tips
- Decide your bankroll before you start betting.
- Use a consistent stake size (fixed percentage or flat staking).
- Increase stakes only when bankroll grows significantly.
Common Mistakes
- Betting large chunks of your bankroll on one selection.
- Chasing losses by increasing stakes without reason.