A straight wager of 6% of your bankroll per play. NOTE: this is risking 6% per wager NOT risking 6.6% to win 6%. Do not spike wager, keep your bet size the same. Investing in our service makes sense with an absolute minimum starting bankroll of $2,500 - anything less than that and you won't see a significant enough return on your investment taking into consideration the subscription price. Starting with a wager size of 6% of $2,500 is $150 which would be a 6 unit play. The majority of the Wise Guy plays are 6 units or 6% of your bankroll. As your bankroll grows so does your wager size. It’s important to not raise your amount wagered per play until you’ve hit a specific target. Our clients have different strategies but we recommend raising your unit size after a 25% gain to your initial bankroll. For example, once your bankroll hits $3,125 keeping the 6 units in place simply raise your wager to $188 per play.
I know what you’re thinking…Money Management is boring. Guess what? We agree, Money Management is boring but it’s the life blood of your business. With a sound Money Management strategy all your wildest dreams come true. Without it, you’ll end up like the rest of the wannabes, broke, tired and frustrated. The conventional thinking of 3% of your bankroll is old school. We’ve never used 3% and never will. We do not go through losing streaks long enough where our bankroll is in jeopardy at 6%. A novice sports bettor starting out using 3% will get frustrated and lose patience. We’re here to expose lines and make money today not 4 years from now at 3%.
Understanding the Numbers
We all know the winning % it takes to come out ahead is 52.4%. Over the course of 1000 games wagered for example laying -$110 to win $100 a bettor who wins 52.4% of their games would profit $40. This is basic math and the basic sports bettors understanding of winning %’s. Digging deeper what the novice sports bettor doesn’t understand is the odds completely change if they use a sportsbook that offers reduced odds. 5Dimes, Bookmaker, BetDSI and Heritage offer 5 and 8 cent lines. For example, using the same 52.4 winning percentage but instead reducing the vig to -$108 to win $100 over the course of the same 1000 games the net profit dramatically increases to +$900. Taking it a step further, using the same 52.4% wagering -$105 to win $100 over the course of 1000 games the net profit increases insanely high to $2,420. Same games, same winning %, vastly different numbers comparing -110 to -105.
Make Small Changes
Make more money by making small changes. We don’t care which sportsbooks you use but be smart with your money. Stop ripping yourself off paying -110 juice. Use reduced juice books to increase capital and bet like a professional. Why pay -110 when a perfectly good book will take the exact same action at -108 or -105? These examples seem obvious yet most novice sports bettors continually wager at the full juice books. It’s near impossible for a novice to turn a profit long term using Bovada or another book that provides full juice with awful lines. Be smart, take the time to open new accounts and move your money to quality sportsbooks that offer -108 or -105 lines.
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