If you are about to start betting on online sports (see sbobet asia), one of the things you should learn how to do is to grow your bankroll.
This means, instead of having a bankroll which you quickly use until you have no money left, you want to be able to come up with a system that allows you to increase it.
Thankfully, if you follow a few rules, this is not as difficult as it may sound.
Establish rules — You must establish rules for yourself before you begin betting.
Whether these rules are a set amount per stake, a specific amount of time you are allowed to play, or a number of days per month you will bet, make them and stick to them.
Gamblers that create strict rules and stick to them tend to walk away with larger bankrolls over time. This applies to complete beginners and to those that have been gambling for years.
Keep your bankroll separate — The biggest mistake newbies to the world of online sports betting make is to keep their bankroll with the rest of their money.
This means, when they win and collect their winnings, all of the money just goes into the same place.
This is a huge mistake if you want to be able to grow your bankroll when online sports betting, as it makes it almost impossible to know how much you have spent or won. It also means you just keep spending the money you do have until it is eventually all gone.
Keep your bankroll separate, however, and you will find it much easier to keep track of your money. You will also usually find you keep more of it.
Do not spend your winnings — You can increase your bankroll during online sports betting if you do not spend your winnings.
This means, every time you win at a game or during a match, take your winnings and put them somewhere away from your bankroll. This is the money you never spend and only save.
As you continue to do this, you will notice your money is beginning to increase.
Only stake a percentage — Decide on how much you are going to spend on every stake you make and then stick to it.
Never go over the amount if you suddenly feel “lucky”, or if you think you have a good chance of winning. If you do, you will notice quickly your bankroll begins to go down.
Do not chase your losses — Human nature usually means, when you begin to lose, you keep betting on those losses long after you should. After all, if you keep betting, at some point you are likely to win. Right?
People who increase their bankrolls and win consistently are those that do not chase their losses. Instead, they walk away from that game or that sporting event and come back when their luck is better.
Chase your losses, however, and your bankroll will almost always continue to decrease.
Instead, stick to the rules you created before you began playing and walk away as soon as those rules tell you to.