Sports Bests - Sports Betting Money Management

Top 5 Sportsbooks:

Bookmaker
One of the oldest online sportsbooks is now the most modern sports bets. Big bonuses, easy betting and mobile available. Play here...

Sportsbetting
The name says it all. Wager on all possible sports bets and more. 20% deposit bonus and credit cards accepted. Play here...

BoDog Sports
A famous online sportsbook that offers unique betting options and access to poker and casino games. Play here...

BetOnline
Exciting online sportsbook with more perks than I can mention (see their website). Play here...

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Money Management

Sports Betting Money Management

First, for all wagering, I would suggest betting the same value for every pick. Sometimes an iffy pick can be as strong or better as your strongest pick, so let luck play its toll.

Option 1 - Basic Numbers:

If you have a bankroll over $10,000 to wager I would suggest wagering 1-2% per play, or simply a set amount of $100 or $200 per pick.

Option 2 - Introducing Percentages:

Using 2% of your bankroll. There is one solid formula to follow for sports investing, and that is this: bet more when you win, bet less when you lose.

By using a 2% rule, you will always bet accordingly to your bankroll. If you have a $25,000 bankroll, then you would be wagering $500 a game, if you win a lot and your bankroll is now up to $30,000 you would be wagering $600 a game.

One thing about that though, is it doesn't change your bets sometimes as quickly as it should. Wagering can be streaky, just like Craps. You can be on a roll and hit 70% a week for 2 weeks, and then your next week only hit 40%.

Option 3 - Complex Percentages and Sliding Scales:

Basically it involves using your bank roll and win/loss streak. In short the formula is Your Win/Loss % over the last 6 games -55% * ( 2% of your bankroll) or (your normal wagering amount).

For example: wagering a constant $200 (at Casinos for USA Players) per game going 5-1 would mean you are winning 83%. You should now raise your bets (83% - 55%) 28% since you are on a winning streak meaning your new wagering amount would be $256 per bet.

If you are 3-3 that means you are 50% and not actually on a winning streak. The formula would say 50% - 55% so you would lower your wagers by 5%, so instead of 200, you would wager $190.

If you are 0-6 then you should lower your bets 55% (0%-55%) so your actually only wagering 45% of your normal amount or $90 a game, only poker online is better.

The most common problem with gambling, whether it be sports betting or playing bingo online, is that people hate to lose and cannot accept it. They try to double up, triple up, or whatever they can do to instantly recoup their losses. This formula promotes responsible wagering and will neither make you rich over night or broke over night, but should always prove profitable in the long run.

Detailed Reviews of the Top 5 Online Sportsbooks

Sportsbetting

Their name says it all. They are one of the biggest and best online sportsbooks around. Get a 20% bonus with your first deposit and other perks. Racebook and casino also available. Easy to deposit and withdraw your winnings using your credit card and other methods.
Click here to play...

Bookmaker

The leading online sportsbook offers generous first time bonus of 20% up to $500 and 10% on all reloads. During half-time, play poker, bingo or games in their casino under the same account. Mobile betting available giving you the option of betting even while you're away from the computer. Click here to play...

BoDog Sports

BoDog might be one of the coolest and modern sportsbooks online. Big bonuses for sports betting, poker and casino play. They offer all sports, events and even Ultimate Fighting betting. Very current, easy interface make this site one of the best.
Click here to play...

BetOnline

One of the most exciting sportsbooks online with more perks than I've ever seen including "Wilt" effect refunds, better parlay guarantees and 5% juice specials. They guarantee the best bonus of all sportsbooks online and let you offer them what you want. If you're looking for something special, this is it. Click here to play...

Party Bets

One of the best sportsbooks available to worldwide players. Part of the vast and publicly traded Party Gaming company, you know you'll get a first class experience here. Good bonuses, gameplay and access to tons of other stuff such as poker, bingo, casino and even backgammon. Click here to play...

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Poker - Lock Poker

Non-standard bonus of up to $750 free at 150% of your deposit. Rising fast and quickly becoming the new big site of online poker for U.S. players. Join the new hot poker site and find out what all the hype is about. Click here to play...

Poker - Intertops Poker

A well known gaming brand that offers it all. Poker, Sports and Casino games all with their own big bonuses. Since 1996 Intertops has been making poker players happy and they will continue to do so for a long time.
Click here to play...

Bingo - Bingo Mania

The best online bingo by far. Bingo Mania now offers a 200% first deposit bonus up to $200, 50% on all deposits and special day bonuses of 150%. Excellent software and bingo options.
Click here to play...

Bingo - 123 Bingo Online

The king of online bingo bonuses. First of all you receive $25 free just to try them out and then a whopper of a bonus, 1000% of your first deposit. They offer more free than any other online bingo site.
Click here to play...

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