Once you've established your bankroll, the next step is to determine your bet size. How much you should bet on each wager depends on your betting strategy. There are two primary types of bet sizing: flat betting and proportional betting.
1. Flat Betting
Flat betting is when you bet the same amount on every wager, regardless of the odds or your confidence level. This strategy is simple and helps maintain consistency in your betting habits. Flat betting is ideal for beginners or bettors who prefer a more conservative approach.
How it Works:
Choose a fixed amount to bet on every match or event.
For example, if you have a $500 bankroll and you decide to bet $10 per match, you’ll place the same amount on every bet until you reach your set goal.
Advantages:
Easy to implement.
Helps avoid big losses due to over-betting.
2. Proportional Betting
Proportional betting involves adjusting the amount you bet based on your current bankroll. For instance, you might decide to bet a small percentage of your bankroll on each bet. This method allows you to increase your bet size as your bankroll grows, but it also reduces your bet size when you experience a losing streak.
How it Works:
You bet a percentage of your current bankroll. For example, if you choose to bet 2% of your bankroll, and your bankroll is $500, your bet size would be $10. If your bankroll grows to $600, your bet size increases to $12.
Advantages:
Allows for more flexibility.
Protects your bankroll during losing streaks while allowing for growth during winning streaks.
JILIBET Tip: To implement proportional betting effectively, regularly monitor your bankroll using JILIBET’s transaction tracking feature, which helps you adjust your bets accordingly.
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