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Determining Your Bankroll Size On A New Strategy

Written by Eddie Lloyd

One of the most important factors to successful betting is determining what size bankroll to use, and then the continual management of that bank.

Understanding the relationship between losing streaks and the odds at which we bet is the first place to start.

If we were to bet at average odds of 9/1 then, assuming we’re break-even on our profits, we would expect a long-term strike rate of 10%.

We need to find this information from our own betting history in order to help us determine what size bankroll we should be using. In fact, this is information that you should be recording anyway.

Once we know our strike rate, we can use the following calculation to help us decide on the size of the bank.

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