Percentage-Based Wagering Sports betting can be a profitable business and/or recreational past time as long as you remember and adhere to strict bankroll management guidelines. There have been many good handicappers that pick winners throughout the numerous sports that end up going bust and giving up because they used poor money management. No matter how much you like a certain play on a given day, you should not be putting 30, 40, 50 or dare I say it 100% of your money put aside for sports betting on one play. Obviously winning on a big play like that is great, but when it loses you are back to square one, have to reload, and will push/force plays to try and get that money back. As a general rule, most plays should be no more than 2% of your bankroll at any time. Here at Drock Sports I use $100 as my unit of measure and going by this rule it requires you to have a $5000 bankroll to start. Not many out there have that kind of money to put aside simply for sports betting, so boosting up your percentages a touch works as well. Nobody really wants to grind away at $20 a day with a $2000 bankroll, so there is wiggle room with what you decide to wager. Personally, I have no problem with your normal play being 4% of your bankroll with top plays - the ones you absolutely love - topping out at 6-8%. You don't want to be making these top plays daily because bad runs do happen and a tough 0-5 streak will have drained nearly half your account. But when you put the work in with your handicapping you'll [...]

I put this up as a post of its own, because this profitable betting situation applies to every sport.  This is one of my favorite situations to PLAY ON and it continues to cash at a high rate year after year.  This situation is pretty simple and works just like this.  Teams in all sports go on winning streaks during the seasons and instead of playing against them each time thinking they will lose that game, all you need to do is wait for them to lose and PLAY AGAINST them the very next game.  Watch for teams that win six, seven, nine or even ten plus in a row and then finally lose their next game.  When those teams lose that game they are in "shock" and disappointment and now they feel that they aren't so unbeatable after all.  PLAY AGAINST the team that loses their first game after a winning streak.  This play is more amplified if a team goes on a 10+ game winning streak and loses it's first game.  This can collect profits year round and is a must play when the right moment comes.