If there one thing I always say about sports betting it is that it should be fun. But for many people, it’s just a burden and a lot of stress worrying about money. Those people I refer to as gamblers. Not only does playing the game that way make it hard to win, it takes the fun out of it entirely.
The best way to make sure that sports betting remains an enjoyable past time, and a profitable one, is to eliminate the stress of money. And the only way to do that is to make your betting unit small enough to eliminate any worry you may have about money if you lose it.
It is certainly not for me to tell you how much money to bet. Some people have a lot of money, and some hardly any. Some people have enough to bet $1000 a game without missing it, and others would have to mortgage the house to raise one betting unit at that amount.
What is for me to tell you is that your betting unit should be as small as possible for you to get the sense of risk that most bettors crave, without actually risking anything other than a disposable bankroll.
Over the years I have had what many would consider a wide range of bankroll amounts. When I was just starting out and losing, I bet what was for me at the time ridiculous amounts of money to waste. I can tell you from experience that the more you bet that you can’t afford, the harder it is on you to deal with losing it.
It had gotten so bad at one point about 12 years ago I quit betting entirely because I just plain couldn’t afford to keep it up. I finally had to accept that I must have had a gambling problem.
A year after that, I met my mentor Jim. I made him an hundred bucks on a side bet he made on me while I was playing in a pool tournament, so he bought me a beer. We talked and he became one of my best friends until he passed away two years ago.
As it turned out, Jim was a professional gambler and sports bettor. He played poker and bet on sports mostly. He was very forthcoming with information as our friendship progressed. But one of the best pieces of information he gave me was about the betting unit.
He told me I should be able to walk into the bathroom and flush a unit down the toilet without giving it any thought at all. In fact, he said I should really be able to flush the entire bankroll and not miss it. He said if I was to bet more than that, or an amount that really mattered to me, it would bring nothing but stress and that stress in betting would create losses.
When I quit betting, my unit was 100 a game. Jim challenged me to try what he taught me, and to start out with a 100 dollar bankroll and 10 dollar unit, and bet more only when I was playing with the houses money. In other words, once I cashed out my original 100 and put it back in my pocket.
Using the one bet a day strategy that Jim taught me, I started using a 10 dollar betting unit and his basic betting strategy. Not only did I start to win a little bit, but there was absolutely no stress in my betting.
He also gave me his bankroll building strategy, and I used that outline to build the bankroll over time. Within 3 years I was back up to $100 a game, but I was actually winning and it was all the houses money.
Life events caused me to withdraw all of my money from the book and use my backup bankroll about 2 years ago. When I picked it back up, I went back to the $10 unit and decided I would just stay there. I don’t bet for the money. It’s all about the fun and the challenge.
In 2018, I doubled my bankroll 5 times. I could have built the bankroll and betting unit back up to $100 again if I had wanted to. But I decided it was better to just play the game in a way that was the most fun. I just kept my $100 bankroll and $10 unit.
I don’t regret that choice because now I realize that the main profit is the fun I have betting, and helping others to win as well. I don’t need the money to live, and don’t want to need the money to live. But I do like the fun and that makes life worth living.
What you bet on each game is totally up to you. I highly recommend that you cut your betting unit down to the smallest amount you can. Instead of making it about money, make it about winning the game with the books.
Since almost everybody loses money to the books, the smaller your bank the less you stand to lose.
If you use my systems, you can and will win. Still, start small. Build a small betting unit into a big one over time, using the houses money. You will have a lot more fun, and the books will make a lot less money.