In any form of gambling, managing one’s bankroll, the designated money one would like to wager, is just as important as how skilled they are at the game. To be a successful ATS (against the spread) sports bettor, one must choose the correct side at least 55% of the time. This is because the house usually cuts 5% from the winner’s prize. How does this affect the amount one should wager? The desired chance of winning is at least 55% of the time, which would have the bettor losing 45% of the time. Basic math reveals an effective betting unit.
.55 (55%) - .45 (45%) = .1 (10%)
Voila! 10% of a bettor’s bankroll is the correct amount to bet ATS. Based on this calculation, one picking exactly 55% correctly would break even. A good sports bettor is usually choosing anywhere from 60-75% correct over the long run.
Remember, proper gambling is done looking at the profit in the long run. Don’t look for, or attempt, get-rich- quick homerun wagers and blow your entire bankroll. It takes discipline to manage anything responsibly.
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