It took me a while to realise the importance of a betting money management plan.
Before going forward let me say this: solely relying on sports betting to fix your financial problems is wrong. Please don’t do it, it will take away your calmness putting you under pressure to win leading to making mistakes and losing lots of money.
Back to our management plan.
It’s simple: I just set my budget and divide it by the amount of bets I want to place within a period.
For example, I set aside $60 for wagering within a month (30 days). I plan on placing 1 bet within this period. I do the division which gives me $2 per day. It’s that simple.
When this is done, it leaves you calm and saves you financially. You’re likely not going to spend more than planned for the month.
There comes the temptation.
You can start the month poorly. At this point, you need to stay calm. Maintain the plan budget you’re not going to make profits every month. No one makes a profit every month.
Another temptation is seeing an opportunity, an odd that looks too good to be true. Don’t rush in. Maintain your money management plan.
It’s as simple as that.
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