- Betting Bankroll Management Systems and Advices
It's possible to beat the bookie while betting on sports by carefully analyzing the teams and players, shopping for attractive lines and taking advantage of promotions. No matter how good you are at these tasks, however there's one element that could destroy all your plans if you ignore it: bankroll management.
- Kelly Criterion in Sports Betting
Developed by J.L. Kelly, in 1956, the mathematical formula has over the years served as the best alternative of maximizing profit while minimizing risk. Unlike other betting criteria which never bother on bettors money, Kelly’s C has the ability to bridge the gap between losing a bet and the entire bankroll.
How to be a better tipster