Bankroll Meaning – Funds Dedicated to Your Sports Betting Efforts
A bankroll is a separate amount of money you’ve specifically set aside only to use for sports betting purposes. Managing sports betting bankroll is one of the key aspects of betting profitably in the long run.
Bankroll management guides indicate that you should never bet more than five percent of your total bankroll on one bet. This percentage should ideally be between two and three percent.
For example, if you set aside $500 for sports betting purposes, you want to use that money only for betting and nothing else. Moreover, you should strive never to replenish it if you can.