How Much Should I Bet?

That is not your decision. You do not have the right to pick and choose your betting amount on ballgames. Your Bankroll will tell you how much you will bet.

Your Bankroll, which is the first part of the Big 4, is also first in making your gambling decisions. The amount of your own personal Bankroll keys the amount of your weekly and even monthly bets.

Even when you settle in on the amount of your daily allocated cash, that Bankroll will break it down to much you can bet on a single game.

When we get to the Money Management part of the book, we\'ll take each sports event separately, but for now let\'s zero in on Pro Football, which is played on Sundays, Mondays, and occasionally Thursday.

We\'ll say you\'re going to bet on Sunday and Monday and have $300 to wager. I said $300 to wager, not $300 credit.

This means you have $300 cold cash in your clammy hand, waiting to be put into action. I did not say $38 available in your wallet and the balance on credit, willing to be given by Friendly Ferdo, your neighborhood bookie.

Since $300 is your full Bankroll and you want to have something for the Monday night encounter, you slide $100 aside, leaving you with $200 as your stake for Sunday and $100 kept aside for Monday.

Your total bets for Sunday cannot exceed $200. But let me clarify one thing right now, and I want you to retain the message throughout the entire book. Laying vigorish does NOT count in your figuring out amounts to bet. Naturally, you have to lay $55 to win $50 and Sl 10 to win $100 and $220 to win $200 and so on.

We all realize you got to lay Vig, but in all my examples I will refer to the amount of a bet as a ten timer ($50 bet) or 20 timers ($100 bet). I don\'t want to get into splitting hairs with the adding in of the Vig. It is 10% of your intended profit. A 40 timer will be called a $200 bet, not $220.

We can save a lot of time rounding off the dollar amounts of two I 0 time bets and a 20 timer as a total outlay of $200, although it is actually $220.

For you beginners who don\'t have a clue as to what I am saying, this will be addressed in the Knowledge of the Game section, coming after Bankroll. just stay with me.

Okay, you\'ve put aside $100 for Monday and now have $200 for Sunday\'s action. That is the absolute maximum amount of money you can bet, but not necessarily on one game.

That means that you can divide the $200 into early, middle, and late games. Usually there are I p.m. games, 4 p.m. games, and 8 p.m. Sunday night games. (Eastern times are listed but you can adjust it to your time zone).

The bottom line is you have 3 separate betting opportunities in which to wager but the total outlay cannot exceed $200.

Some of you are restricted to making all of your bets before the first game, as your local bookie closes shop. If you\'re in that precarious position, we\'ll address at situation as we go along.

For now, understand the basic rules, setting aside the total amount of money you will wager on this given day.

Your Bankroll told you the total amount and now we’ll go into the breaking down of that Bankroll.