Description: Blog
Understanding Bankroll Management
Before placing your first sports bet, it’s critical to understand the concept of bankroll management. Put simply, this refers to the amount of money that you have set aside for sports betting, and the way in which you divide this money into smaller units (known as “units”). The purpose of bankroll management is to minimize your risk of going broke by carefully allocating your funds across numerous bets.
Setting a Bankroll and Unit Size