How do I decide how much to wager on a play? - Rickj's Handicapping Picks

How do I decide how much to wager on a play?


There are two things you must decide.

First is the amount of your betting bankroll. What I recommend is to set aside an amount for wagering that if you lose it all it will not be a concern for you.

Secondly, you then need to decide whether you wish to take a conservative approach or a more aggressive one. The range of amounts to wager should be from 2% to 3% of your wagering bankroll.

From experience, I can tell you 3% produces some wild swings that unless your experienced might cause you concern. In addition, the higher the % the greater the risk of ruin.

2%, on the other hand, is a good number to use.  Your swings will be much tamer and your exposure to negative variance will be a lot less.

Your bet size will rise and fall depending on the amount that is in your wagering bankroll. I adjust my bet size daily.

Recent Posts
Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt
Do NOT follow this link or you will be banned from the site!