CLE
Browns
27
FINAL
JAX
Jaguars
25
CLE -7.5 O/U 48.5
MIA
Dolphins
20
FINAL
NYJ
Jets
3
MIA -7.5 O/U 46
ARI
Cardinals
17
FINAL
NE
Patriots
20
ARI -1 O/U 50.5
NYG
Giants
19
FINAL
CIN
Bengals
17
NYG -6.5 O/U 45
OAK
Raiders
6
FINAL
ATL
Falcons
43
OAK -3.5 O/U 53
TEN
Titans
45
FINAL
IND
Colts
26
IND -3 O/U 51.5
LAC
Chargers
17
FINAL
BUF
Bills
27
BUF -4.5 O/U 51
CAR
Panthers
27
FINAL
MIN
Vikings
28
MIN -3 O/U 50
SF
49ers
23
FINAL
LAR
Rams
20
LAR -5 O/U 44.5
NO
Saints
31
FINAL
DEN
Broncos
3
NO -17 O/U 36.5
KC
Chiefs
27
FINAL
TB
Buccaneers
24
KC -3.5 O/U 56
CHI
Bears
Today, 1:20 AM
GB
Packers
GB -7.5 O/U 44.5
SEA
Seahawks
Tomorrow, 1:15 AM
PHI
Eagles
SEA -6 O/U 48.5
BAL
Ravens
Wed 12/2, 12:10 AM
PIT
Steelers
PIT -10 O/U 41

Bankroll Management

Managing your money is an essential practice for both casual and pro sports bettors

The term “bankroll management” might not be familiar to novice or casual bettors, but those who make sports wagers on a daily basis understand that it’s one of the most important aspects of establishing success. Remember, most bettors are using their own hard-earned money to make wagers. Therefore, it’s essential to be conscious of how much money is in your bankroll, know how much of it to wager on each bet and have a defined plan of what to do when wins and losses occur. 

Bankroll Size

The general rules to follow before depositing money into a sportsbook account are to: identify a number that you not only feel comfortable with and make sure you can afford to lose it without ruining your entire livelihood. Be realistic. Don’t sugar-coat your own financial situation. Remember, as fun as gambling can be, it can also be destructive if you do not establish healthy habits as far as your bankroll is concerned. This number should also reflect the amount of time you’re willing to spend on the craft. For example, a casual bettor who’s planning on making a couple of bets a week on his/her favorite team should have a smaller bankroll than someone who’s betting every single day and putting in multiple hours of daily research. While those are two extreme examples and most people fall in between, you get the picture. Therefore, don’t sign up for a sportsbook and deposit a random number. Go through this process, come to a conclusion and deposit a figure that you’re comfortable with. 

Unit Size 

Do you have a number in your head after reading our Bankroll Size section above? Good. Think about it when reading this section. The general rule of thumb is to bet somewhere between 1-5% of your bankroll on each wager you make and we recommend that you keep this percentage consistent. This is called your “unit size”, or the size or your bets. Conservative bettors tend to stay at 1-2% of their bankrolls while more aggressive bettors typically range from 3-5%. However, since establishing success in the betting world is a slow grind, many experienced and successful bettors recommend wagering 1% of your bankroll on every bet. That way, you can be disciplined and establish your own personal strategy, which leads to the next section. 

Determine Your Personal Strategy

While there will undoubtedly be certain bets that you get all fired up about, it’s recommended not to deviate too far off of your unit size. For example, if you’re checking out the lines for tonight’s games and notice that certain odds are wildly different from where you thought they’d be, you can consider making it a two-unit bet. But, it’s important to not get too emotional and make the aforementioned wager a four or five unit bet (if you’re a conservative bettor). Remember that sportsbooks want even action on both sides of every bet they post. Therefore, when something looks “too good to be true”, it usually is.

Nonetheless, you’ll have winning streaks and losing streaks, and it’ll be up to you to determine what happens when those occur. Avoiding the natural thought of increasing unit size to recoup losses on a losing streak or getting over-confident on a winning streak is essential, for example. Maintaining a consistent unit size, win or lose, and trusting your own process, is key.

About BetQL

Want to learn more about BetQL? Check out the resources below: 

  • Best Bets: Find out how our model’s star ratings can help you make the most informed spread, moneyline and O/U bets.
  • Public Data: Find out why it’s always important to know what bets are popular.
  • Sharp Data: Find out why knowing who pro bettors are backing is important.
  • Web Tutorial: Find out how to use our platform on a web browser.
  • Mobile App Tutorial: Find out how to use our mobile app.

Find out more about BetQL and feel free to contact our Help Center if you have any questions.