Sports Betting FAQ - Responsible Gambling

How much should I risk per bet?

While there is no hard and fast rule, many professional gamblers abide by the 1% rule due to its connection to probability and risk management. The 1% rule states that a bettor should never wager more than 1% of their total bankroll on a single bet. 

What is unit sizing?

Unit sizing is the standard size of a particular gambler's wager. There is no standardized “unit size” and will vary from person to person based on their bankroll. For example, a bettor might decide that their betting unit is equal to $50, while another may decide their betting unit is $10. 

How do I avoid chasing losses? 

To avoid chasing losses, you should set strict limits on how much money you dedicate to gambling. Understand that continuing to gamble to recoup losses has a high likelihood of worsening the situation. 

Can sportsbooks limit or ban winning players? 

Yes. Sportsbooks have the ability to and do limit players. There are a number of reasons that sportsbooks limit players and aren't always connected to the amount that they are winning. 

What should I do if I think I’m gambling too much?

If you feel that you are gambling too much, there are a number of things you can do.
1. Seek support. Talk with your loved ones or contact gamblers anonymous
2. Distract yourself with other activities and avoid isolation
3. Postpone gambling and consider the consequences for you if you gamble