How to Never Go Broke Betting
54sThe promise of reducing bankruptcy risk to 0% is a strong hook for bettors seeking financial safety.
▶ Play Clip"Title promises impossibility of losing money, but the content is basic bankroll management with heavy software promotion."
This video teaches a bankroll management strategy for sports betting, claiming it can reduce the risk of going broke to 0% and maximize winnings. The method involves setting a budget, dividing it into units, and adjusting bet sizes based on the current bankroll. The presenter emphasizes using value betting and recommends specific software.
The video aims to teach how to reduce risk of going broke to 0% and maximize winnings through bankroll management.
Bankroll is the money available for placing bets. Proper management can maximize winnings and reduce bankruptcy risk.
The method assumes the viewer follows value betting, as explained in a previous video, to ensure long-term profitability.
In the short term, luck (variance) exists; a coin can land heads five times, illustrating the risk of betting too much.
Establish a budget for betting and avoid adding money monthly. Only use money you can afford to lose.
Divide the budget into units, recommending betting 1% of the bankroll per bet, or 2-3% for smaller bankrolls.
As the bankroll changes, adjust bet size accordingly (1%, 2%, or 3%) to reduce bankruptcy risk to 0%.
Example with $700 budget: $195 for software, leaving $500 for bets. Betting 2% means $10 per bet.
Recommend adjusting bet size daily at the start of the session, or every 3-4 days if lazy.
If bankroll rises to $580, bet 2% = $11.6; if drops to $450, bet 2% = $9. This ensures bankruptcy risk is 0%.
It's crucial to adjust bets both when winning and losing; otherwise, the method fails.
Recommend at least $500 to start: $195 for software and $300 for betting. Some start with $100 to test.
The video concludes that disciplined bankroll management, combined with value betting, can theoretically eliminate bankruptcy risk and maximize long-term profits. It recommends starting with a minimum bankroll of $500 and adjusting bet sizes daily.
What is a bankroll in sports betting?
The money you have available to place bets.
00:28
What percentage of your bankroll is recommended to bet per bet?
1% of your total bankroll, or 2-3% if you have a smaller bankroll.
02:42
Why is it important to adjust your bet size as your bankroll changes?
To reduce the risk of going broke to 0% and maximize winnings.
03:40
What is the minimum bankroll recommended to start sports betting?
At least $500, with $195 for software and $300 for betting.
08:35
What happens if you bet 20% of your bankroll and lose five times in a row?
You go bankrupt and cannot continue betting.
01:39
Coin flip example
Illustrates the danger of overbetting due to variance.
01:39Adjusting units
Core principle of the method: adjust bet size to bankroll changes.
03:40Minimum bankroll
Provides a concrete starting point for beginners.
08:35[00:02] I'm going to teach you how to reduce your risk of going broke in sports betting to 0% and also how to maximize your winnings, all thanks to the bankroll management I'm going to teach you in this video. I'm going to teach you all the
[00:16] going to teach you all the theory, an example, and my practical tips so you can get started. First of all, I'll explain the concept First of all, I'll explain the concept of a bankroll, which is basically the money you'll
[00:28] have available to place bets. If you manage your bankroll well, you can not only maximize your winnings but also reduce your risk of going broke to 0% during losing streaks. And of course, I'm going to assume
[00:45] that you'll follow the value betting method that I explain in the first video of this free course. If you do what any other snake oil salesman or scammer tells you, you won't maximize your winnings or anything like that; you'll just lose
[01:00] all your money. If you've already seen that video, you'll know perfectly well that making money with sports betting is entirely possible in the long run and that all
[01:12] you have to do is use math to your advantage. But you also know that in the short term, luck, or in mathematical terms, variance, exists, which is also explained in another video. I'll leave it in
[01:27] the description, and I always use the same example: if you flip a coin five times, it can easily land on heads five times. If you've bet 20% of
[01:39] your bankroll because you hadn't seen this video before, and it lands on tails five times, well, that's it, you've lost all your money, you're bankrupt. Just like that, and therefore you won't be able to continue betting and you wo n't be able to make your profits in the long
[01:56] run. So I'm going to teach you how to prevent this from happening. Let's start with the theory. this from happening. Let's start with the theory. Setting a budget basically means establishing how much money you have and how much money you want to use for
[02:11] sports betting. The best thing you can do is have it defined from the beginning and not add a little money every month. And please, although I 've already shown you that if you make value bets, success is
[02:27] guaranteed, only use money you can afford to lose and do n't need, since it's like any other investment, and in all investments we should only use money we don't investments we should only use money we don't need in the short term. And don't
[02:42] give you examples with exact amounts. Divide your budget into units. Once you've established your budget, divide it into units. I recommend that you always bet the 1% of your
[02:58] total Bankroll or initial budget. That is, if you have a budget of 1000 or a Bankroll, you can divide it into 100 units of 10 each. If your Bankroll
[03:11] isn't very large and you want something a little riskier so that the bets aren't too small, you can use 2% or a maximum of 3% of your Bankroll. This way, you can continue betting those 10 per bet and have the
[03:27] same profit as someone who started with 1000, but starting started with 1000, but starting with only 300 or 500. Or, if you start with 1000 and want to bet 2%, your winnings will also be double since you
[03:40] are betting double on each bet. Adjust your units according to bet. Adjust your units according to your Bankroll, and this point is the most important: as your Bankroll changes, that is, as it increases or decreases,
[03:55] we must adjust the size of our bet by that 1%, 2%, or 3%. For example, if on the first day you won many bets and your Bankroll increases, 1% of
[04:08] that Bankroll will be larger, therefore you can bet more on each bet. Your winnings will be higher; conversely, if you've had bad luck that day and lost bets, your bankroll obviously decreases. Therefore, you'll have to
[04:24] bet less on each bet, and in this way, you'll reduce the possibility of going broke to 0%. Now that we've covered the theory, let's look at a
[04:36] practical example. The figures I'm going to show you are just a practical example. When we finish the example, I'll give you my recommendation on what minimum bankroll you can start with. The first point is that we have to define our budget,
[04:51] and this will obviously depend on each person and their financial capabilities. In this budget, you also have to take into account the price of the tipster or the software that will send you these value bets.
[05:05] For this example, I'll assume you're using Bet Investors software, since it's the one I personally use and recommend for both its quality and price. I'm going to use this example as if you start with
[05:19] $700. Bet Investors software costs $ 195 per year, so we'll have $500 left to place bets. Having done this, we have to divide our budget into 100 units. If, for example, we bet
[05:35] 2% of the In each bet, you can wager $10. If your budget is larger, for example, $1,000, you can allocate a percentage and make bets of $2, or be more conservative and bet only 1%, which would be
[05:51] conservative and bet only 1%, which would be $10 per bet. By betting 1% or 2%, don't worry, you're in a safe zone. And remember, a maximum of safe zone. And remember, a maximum of 3%, no more. Now, the third
[06:05] and most important point: adjusting the units. I recommend you make the adjustment every day at the start of your betting session. See what 1% of your
[06:17] bankroll is, and that will be what you bet. But if you're lazy, well, that's fine too; you can do it every three or four days. Now let's look at an example. Whether things go well or badly, let's start with the example. Well, if on the first day we
[06:32] made, for example, 10 bets and won more than we lost, our bankroll won more than we lost, our bankroll will have increased, for example, from $500 will have increased, for example, from $500 to $580. Then we will have to adjust
[06:45] our units, and now we can bet more. 2% of $580 is no longer 10, but 11.6, so... We can bet those
[06:57] 11.6 on each position. By doing this, we maximize our winnings since we are betting more on each bet and therefore will win more. If, on the other hand, we have had bad luck and in the first 10
[07:12] bets our bankroll has dropped to 450, we will also have to adjust 450, we will also have to adjust our units. In this case, 2% of our units. In this case, 2% of 450 is 9, so we will have to
[07:25] bet $9 on each bet. By doing this, we ensure that our risk of bankruptcy is literally 0%. And very importantly, it's not enough to increase your bet when you
[07:40] win and not decrease it when you lose. You have to be as faithful to bankroll management as it is to the laws of a country or the Bible. If you mess this up, you mess up
[07:52] completely. You have to do it in both good times and bad. And before moving on to the recommendations to tell you how you could get started in sports betting, if at some point you consider dedicating yourself to betting and
[08:07] earning a salary from it, I recommend that you watch the entire course. It's 100% free, and I'll tell you everything you need to know, the best tips, and show you thousands of... The dollars I earn with this method, the thousands of bets I
[08:20] place, so you can see I'm not a snake oil salesman. If you want to succeed, watch all the videos, use the same software, and don't fall into the trap of scammers. Many of you ask, "Hey, what 's the minimum bankroll you recommend to
[08:35] start?" and my answer is always the same: I recommend at least $500 to start. $95 would be to pay for the Bet $95 would be to pay for the Bet Investors bot and $300 to start betting.
[08:49] With this amount, you can already start seeing significant income. You're not going to get rich in a month, but you will start seeing good profits. Also, as you place bets, you'll earn the generated EV, you'll
[09:05] increase your bankroll, you'll be able to bet more per bet, and therefore you'll earn more money at the end of each month. Although another option you have, and that many Bet Investors subscribers use to start, is paying the subscription and
[09:19] starting with only $100, respecting bankroll management. The bets will be $ or $2 per bet, which isn't very high, but basically they do this to test if everything I say in
[09:34] this course is reliable. It really works, which I think is fantastic. Once they've been using Bet Investors for a month or a month and a half and see that it works, they increase their bankroll, whether it's 300, 500, or whatever they want.
[09:51] If you want to see the entire free sports betting course, click here, and if you want more information about Bet Investors, click here.
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