Definition:
In sports betting, a bankroll is the total amount of money a bettor sets aside specifically for wagering. It represents your dedicated betting budget and should be managed carefully to avoid overspending.
They serve two main purposes:
Establish a clear budget so bettors only risk what they can afford to lose.
Provide a base for bankroll management strategies (like unit betting or percentage staking) to control risk and maximize longevity.
Real-World Example
A bettor sets aside $1,000 as their bankroll for the NFL season.
They decide to use a unit size of $50 (5% of their bankroll) per bet.
If they place a straight bet on the Eagles –2.5 (–110) for $50 and it wins, their bankroll increases to $1,045 ($50 stake returned + $45 profit).
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