Deciding Your Wager
Deciding Your Wager is the hardest choice for most gamblers.
There is one important rule in gambling only few bettors apply: not all bets are made equal. Bet sizing is related to players’ bankroll and bettors should only bet in units relative to the size of their bankroll.
Deciding Your Wager
The bet you made on yesterday is most likely different than today’s match. It’s different every time a player joins a betting event. However, regardless this fact, many bettors will stay put to the level or flat stakes betting. They just put the same amount of money at every bet regardless the nature of the bet itself. This needs to be changed. What we need is a well-built strategy to secure your winning and we can do that by adjusting the bet size, according to individual bet.
Great and good bets Increasing your bet size when the odds are perfect is one of the best betting strategies. For example, will you choose 5 on a bet you believe should be closer to 4.5 or 3.0? Both are good bets, but only one is a great bet. A great bet is not just a bet worth making, but also the closest one to player’s expectation.
Adjusting the bets
The next challenge is to decide how much to bet. For this we need a staking plan. There is one way to do this. Player must assign certain values to his bet. The values must be within 1-10 scale with 10 as the maximum bet.
The maximum bet could see player bet up to 5% of his/her bankroll. While the lowest bet might be just about 0.5%. If player doesn’t have a bankroll, then he/she needs to assign values to the bets, such as $5 on a 1 bet and $50 on a 10 bet. The amount to bet is actually up to the player, but it’s important to adjust the bet based on the current information on the field.
Adjusting bet size is closely related to player’s betting bankroll. This is the reason a player should only gambling in betting units relative to the size of his/her bankroll. By doing this, the player will be able to make profit while increasing his/her bankroll and adjusting his/her bet size in the same time.
It is also very important to steadily raise the bet stakes to reflect player’s bankroll. This will allow the player to have a steady percentage on every bet. If the player raises the bet from $500 to $550, instead of betting $10 of the starting figure (2%), the player is suggested to place 2% bet of the total bank, which is $11. It may not sound like much, but this strategy will certainly help the player to raise his/her bankroll at a quicker rate.
Tips for adjusting bet size
1. Not all bets are made equal, therefore players should never wage the same amount at every bet.
2. Player should assign values to his/her bet and just the size accordingly.
3. Player should adjust both his maximum and minimum bank size while increasing his/her bankroll.