Tips For
Betting Online
Cappers Picks Mission:
Be The #1 Online Betting Advice Site On The
Web!!!
Learning
the correct playing strategies is only half
the battle. You are doomed to lose if you are
not prepared with a sound money management
plan. The following guidelines will maximize
your profits and minimize your chances of going
broke.
1. Tip
#1 for money management online
is don't start online gambling with
scared money. Set a maximum amount that you can
afford to lose and if you lose that amount, quit
playing.
2. Tip
#2 for money management online is never
increase the bet size on consecutive
losses when online betting. On consecutive
wins, increase your bets in a manner
that suits your style of play. We would
recommend a simple 50% progression
or a 1, 2, 3, 5 progression. For a
50% progression, after you win a bet,
make your next bet the same plus 50%
more. The progression would look like
this for a $5 bet: $5, $8, $12, $18,
$27, $40, $60, etc. You keep increasing
your bet until you lose, then you start
again at $5. For the 1,2, 3, 5 win
progression, you increase your bet
from 1 unit to 3 then to a maximum
of 5 units following consecutive wins.
For example, the progression for a
$5 basic bet is $5, $10, $15, $25 then
back to $5. After you make the
maximum 5-unit bet, win or lose, make
your next bet 1 unit. This progression
therefore, is more conservative than
the 50% progression.
3. Tip
#3 for money management online is your
playing bankroll for the above win
progressions should be 100 units. If
your minimum bet is $5, you need a
$500 playing bankroll for betting online.
4. Tip
#4 for money management online don't
ever quit a session in the middle of
a winning streak. If you managed to
win 10 units, keep playing with the
goal of winning another 10 units. As
long as you keep winning, keep setting
10 unit winning goals. However, when
the tide turns and you begin to lose,
quit the session with your profit.
Remember, a small profit is better
than no profit!
5. Tip
#5 for money management online is do
not bring your entire bankroll with
you; bring enough for 2 or 3 playing
sessions 40 or 60 units). Use 20 units
per playing session and quit the session
if you lose the 20 units or win 10
units. Hence, a $5 player with a $500
dollar playing bankroll would use $100
per playing session and quit if the
$100 was lost or $50 won.
6. Tip
#6 for money management online is as
your playing bankroll increases and
your winning, increase your bet size.
Also, decrease the bet size if your
playing bankroll decreases. Always
make your minimum wager equal to 1/100th
of your playing bankroll using the
win progression.
The biggest
mistake you can make when online casino betting
is to chase your losses, which means increasing
your bets when you are losing hoping your next
bet will win it all back. Everyone who is online
betting in a casino sooner or later will experience
losses and how you handle yourself in this situation
will determine in the long run whether or not
you will be a winner. If you've lost one or two
of your playing session bankrolls, the best you
can do is limit your losses in online betting.
The casino will always be there for your next
visit and if you follow the proper playing strategies
you will soon be back on the road to winning.
These are the best tips for money management.
Just check out this great
collection of resources we've compiled for you
here at Capperspicks.com. Advice on handicapping
and betting games? We've got you covered! Bookmark
this page and check back often as we are constantly
writing new articles that offer betting tips
and sports handicapping
advice to increase your
chances for winning on all those bets you've
placed. We're here for you to help. Email us
if you need anything else that we don't provide.
We'll try to help but don't ask us for money
ok? LOL!
| Online
Gambling Tools - Casino Tips - Sports
Betting 101 - Handicapping Advice |
|
|
 |
|
Cappers Picks is an online sports service
and handicapping tips website, not affiliated with any Online Scamdicappers. 
