Sure bet 6

Good money management is vital to every sports gambler. Even more so when playing progression. The stake of each bet is depending on the outcome ot the bet before. We list 3 progression strategies starting with the most commonly played:

Double stake after lost bet – odds around 2,00

Originally from the casino gambling, a very small stake(0.1% - 0.2% of overall budget) is placed on a bet with odds of around 2. If the bet wins, the stake will stay the same for the next bet. But if the bet is lost, the stake will now be doubled for the next bet with odds of around 2. If that bet wins, an overall profit has been made which would not have been the case with a fixed stake. If that bet should lose again, the stake will again be doubled for the next bet and so on. It is important to start as small as possible as you must be able to cover a longer series of losses. Furthermore you must be prepared of betting pretty high stakes after a longer series of lost bets. This strategy is not for everyone as it takes a lot of nerves on a negative run.

Continuous bet on the same team:

The idea is to bet continuously on the very same team (maybe favorite club) as it will have to win eventually. The actual progression in case of a lost bet is a little bit more complicated than simply doubling it. Depending on the odds of the new bet you have to calculate the stake to cover your last loss + 100% of your intended net profit.

Say, you back your team at odds of 3 after a lost bet, you only need 50% of your original stake + 100% of the intended net profits of your lost bet.

If the odds of the next bet are only 1.33 you will need 300% of your last stake + 100% of intended net profit. After each lost bet this needs to be calculated to cover all losses and make an overall profit it the bet finally wins.

Adjust stakes to winnings

A basic idea of many gamblers is to only play with their winnings as this garantees to Net loss to your paid in money. It is a different thing to risk your „own“ money or money which you have already won. It is advisable to start off with pretty small stake and get as much info and help to your bets as possible. Tipstersworld can help you chosing the right bets to get going and to consistently place good bets.

Avoid trying to compensate for losses with higher stakes and do not become greedy after a good run. You need discipline. Having a betting diary at Tipstersworld helps you keeping an overview on your statistics .