How to bet with a small bankroll for your sports betting? This is a question that is often asked by our members. Bettors generally want to win a lot of money quickly but with a very small starting capital…
The most important question to ask yourself is what your objectives are.
Why are you betting? What is your goal? Is it for fun? Is it to invest?
Once you understand the reason why you want to bet on sports, you will have a lot of answers to your questions.
If you want to make money then you need a goal that is achievable and quantifiable: a line of sight that should never leave you.
Often, what we see from our members on the Tipster Club is the desire to win fast, a lot and with the minimum of capital. This often results in long tickets with minimal stakes and huge odds…!
No bettor wins thousands of dollars with a capital of $10. The multiplication of fun tickets with big odds put together often represents considerable sums… Finally, the “fun” side quickly loses its meaning when you lose a lot of money… It is immediately less “fun”…
So, either you define an achievable objective with a correct capital from the start by adopting a clear and rigorous money management strategy.
Or you continue to squander your capital on high variance tickets as if you were playing the lottery every day.
But in no case, you can have both at the same time. That is to say, follow a Tipster on our Club and hope for big wins in the short term.
Even with a small bankroll, you will be able to follow us. But you have to get rid of the idea that you will get rich with a capital of 100$.
The first thing you will have to do is to determine a unit bet to follow our predictions.
You will never get rich with sports betting! That’s it.
We can move on to the next point for those who want to progress in sports betting.
For those who still believe in El Dorado without working a minimum, you can stop reading this article and follow Billionaire Pronos or The FDJ Robber.
We understand that you want to make money with sports betting but it doesn’t happen with a snap of the fingers, you have to get to work.
Whatever the amount of your bankroll, it is important to have a bankroll management. Especially when your capital is limited. This prevents you from tilting and doing anything.
This is why we advise you to determine a maximum bet, which can also be called a unit bet. This should be a comfortable amount that does not cause you any stress when betting. You should be able to lose this amount without worrying.
It is generally recommended not to exceed 2.5% of your total bankroll.
So if your bankroll is $100 your unit bet will be $2.50.
This represents 40 units (2.5 x 40 = $100) which should be quite comfortable even if it remains quite aggressive as management.
But you can also adopt a tighter management with a unit bet equivalent to 1% of your capital.
If your bankroll is 100$, your unit bet will be 1$ which represents 100 Units.
This reference bet is your safe bet.
Once this is in place: Do not deviate from this rule. The management of your bankroll is essential
The problem of the small bankroll is often linked to the status of the beginner bettor. And because he is a beginner, he has goals that are far from being achievable. He often hopes to double or even triple his bankroll in a very short period of time.
He will therefore bet very high percentages of his capital to try to make his bankroll grow very quickly.
Obviously, this anarchic management will lead to risks and often to the total loss of capital.
On the contrary, you will go further! Because this management will allow you to go the distance. Of course, with bets of $1 to $2.50, you will win a few dollars for a winning bet. But if you lose, you won’t lose your entire bankroll.
Just remember, if you bet 10% of your bankroll, you have a depth of 10 Units… It will quickly eat up your bankroll! Whereas with a 1% management you have 100 units in front of you! Enough to take the bad hits and the bad runs without flinching!
Imagine that you manage to generate an average of 1$ to 2$ of gain each day… That makes 30$ to 60$ at the end of the month! That would be a great goal for a start, wouldn’t it?
Is it an achievable goal? It all depends on you, your bankroll and your discipline!
Having a very low bankroll is the reality of many bettors. The risk of following % bets is to exhaust yourself by playing crumbs. It’s not very “motivating” to play pennies. This is understandable.
In the long run it can become difficult for you in the sense that you will more easily tilter by losing patience and not having any fun. Betting well with a small bankroll is therefore very tricky.
The best option would be to keep a rigorous bet management but increase its value… Basically, to exceed the recommended threshold of 2.5% of your bankroll and increase it to 5% maximum.
It’s a more aggressive management but it’s a management nonetheless. It is better than betting haphazardly.
Think of it as training. You can’t expect to win in the long run without a money management strategy. So you might as well start with a small bankroll and see if you can apply it in the long run.
Later on, you will probably have a bigger budget to dedicate to sports betting. So if you are not able to apply this to a small bankroll it would be crazy to start with a large one!