Betting Bankroll - Percentage Value by Unit

The past two articles on bankroll assume that you are able to set the capital needed for your betting investment. In this article I would to move to more specifics to help those of you who may still be having problems as to how much to set aside for this particle form of investment.

How much is enough? It depends on how much you can afford to loose. I am not being negative here. I am merely trying to impress upon you the reality of the betting world. Your ability to handle losses will determine the measure of your success. Professional betting investors knows this and is able to handle losses as part of the process of success.

There will be loosing stakes as well as winning stakes. Sometimes there will be a long run of loosing stakes….say…10 runs of loosing stakes. Are you prepared for such a long run of loosing stakes? How will you react when you hit such a run? Your preparedness will determine your success.

So…how much do you need to set aside as your betting investment bankroll? Let the following serves as a guild.

One of the simplest ways to determine the amount needed to be set aside as your betting investment bankroll is the percentage value by unit method.

Let’s say each bet you place is 2% of your betting bankroll and each unit is $100. That would mean you will need a capital of $5,000 to start with.

2% of $5000 is $100.

If you work out your wagering base on the number of units for each bet, and the value of each unit, than you will be able to determine the capital you need as the base of your betting investment bankroll.

The next question you need to ask is ….

"Do I have such an amount?"

"Can I afford to loose all of it?"

"Am I prepared to loose all of it?"

If your answer is yes…good!

If your answer is no, then, how much can you afford? Work out the amount that you can afford backwards to per unit and the value of each unit and stick to it. Betting by units and the value of each unit will help to keep you focus and discipline.

Start small and grow big. Remember…Rome was not build in a day!