Back to Bankroll Management
Lesson 1 of 5
~8 min
📊
Bankroll Basics: Your Gambling Budget
Setting up and maintaining a healthy gambling budget
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🎯
Hook
🎯 Hook: Two Bettors, Same Edge, Different Outcomes
Meet Sarah and Tom. Both have 54% win rate (a legitimate edge). Both start with $5,000.
Sarah's approach:
- Bankroll: $5,000 (separate from bills, rent, savings)
- Bet size: $100 per bet (2% of bankroll)
- After 500 bets: Bankroll = $6,200 (+24%)
Tom's approach:
- No separate bankroll (uses checking account)
- Bet size: "Whatever feels right" ($200-$500)
- After 150 bets: Broke, $2,000 in credit card debt
Same edge. Dramatically different results.
The difference? Bankroll management.
Section 1 of 5