Learn this Quick Betting Math

Calculating your sports betting bankroll is essential for effective money management. Here are some guidelines:

-To make money in sports betting, you’ll need a stake of at least $500, preferably $750 to $1,000.

-Why? Basic point spread bets cost around $11, which represents about 3% of your bankroll.

-It’s advisable to wager no more than 2% to 6% of your roll on any single bet.

-With a $500 bankroll, you can place 45 bets at $11 each.

-Aim to win 60% to 65% of your bets (the average winning percentage of successful professional sports bettors).

-If you achieve this, you’ll have $609 in the bank after 45 bets.

Optimal Bankroll = CS × LLSe × RC

Where

- CS: Confidence Score (your confidence in your bets)

- LLSe: Longest Losing Streak Expected (based on historical data)

- RC: Risk Coefficient (percentage of your bankroll you’re willing to risk per bet)

Remember, effective bankroll management helps you stay disciplined and maximize your chances of success! 📈💰