Bankroll
The total amount of money a bettor has set aside specifically for sports betting or gambling.
Your bankroll is the dedicated pool of capital you use for gambling, completely separate from day-to-day living expenses. Proper bankroll management is considered the single most important discipline for any serious bettor.
Why Bankroll Management Matters
Even skilled bettors experience long losing streaks due to variance. Without proper bankroll management, a bad run can wipe out your entire stake before your edge has a chance to play out.
Standard Bankroll Guidelines
Most professional bettors recommend sizing each bet as 1–3% of your total bankroll (1–3 units). This approach limits the damage of losing streaks and ensures you stay in action long enough for your edge to materialize.
Key Takeaways
- Your bankroll is money you can afford to lose. Never use rent or bill money.
- Bet 1–3% of your bankroll per game to survive variance.
- Flat betting (same amount per game) is the safest approach for beginners.
- Track every bet to monitor your performance and bankroll health.
Examples
- You set aside $1,000 for the NFL season. At 2% per bet, your standard bet is $20.
- After a bad month your bankroll is down to $800. You recalculate, and your 2% bet is now $16.
Related Terms
Test Your Knowledge
1 / 3Do you know what Unit means?
A standardized betting amount, typically 1–2% of a bettor's total bankroll.
Frequently Asked Questions
How much should my bankroll be?
Whatever amount you could lose entirely without it affecting your bills, savings, or mood. There is no minimum, and starting small is fine.
Should I add money to my bankroll after losses?
Not to chase them. If you want to top it up, decide that ahead of time as a planned deposit, never in the middle of a losing streak.