A betting bank is a certain amount of money that you set aside for a particular system or plan when it comes to betting.
Part of this system should factor in the possibility of losing your cash as well so be sure you understand the system in its entirety.
The main question you should be asking yourself when preparing your soccer predictions is how much should my betting bank be? The answer is simple, and one that will let you sleep well at night.
It’s the golden rule of gambling which is to only bet that which you can afford to lose. Simple yet for some reason many people fail to follow this rule and end up with a broken heart and an empty wallet…or even worse!
A general rule is to consider increasing the amount you stake depending on your winning streak.
For example, one rule is if the money, or betting bank, trebles, double your stakes. The more cash you make the stronger your football betting tips bank thus allowing you to take bigger risks.
As long as you stick to a system and don’t veer from it, ie don’t be greedy or get too emotionally involved, then you have a greater chance of success and earning a handsome payday from all your efforts.
On the other hand staking plans can be adapted to many different systems which is advantageous in that if it doesn’t work with one system, try another.
You may have as many as six or even a dozen different systems you’re willing to try and each can have its own staking plan.
If you’re new to horse race betting then it is advised to stick to a level staking plan and once you become more familiar with the processes of the betting bank, and have earned money, then you can try different types of staking plans.
Take things slow, learn the ropes, and remain focused and emotionally detached and you will give yourself a better chance of winning in the long run.