Betting guides
Bankroll Management: How to Manage Your Betting Money
Your bankroll is the money you set aside for betting and nothing else. Managing it well will not turn losing bets into winners, but it keeps betting affordable and stops one bad weekend from becoming a bad month.
Table of contents
Step 1: Set Your Bankroll
Choose an amount you could lose completely without it affecting rent, food, transport or school fees. Keep it separate, for example in its own wallet, and do not top it up from other money when it runs low.
Step 2: Choose a Unit Size
A unit is your standard stake. Most experienced punters use 1% to 3% of the bankroll per bet.
| Bankroll | 1% unit | 2% unit | 3% unit |
|---|---|---|---|
| ₦10,000 | ₦100 | ₦200 | ₦300 |
| ₦50,000 | ₦500 | ₦1,000 | ₦1,500 |
| ₦100,000 | ₦1,000 | ₦2,000 | ₦3,000 |
Step 3: Stick to It
- Flat stakes: bet one unit on every bet, whatever your confidence.
- No chasing: never increase stakes to win back losses.
- Daily and weekly limits: stop for the day after a set number of losing bets.
- Withdraw some winnings: take part of every good run out of your betting account.
Handling a Losing Run
Even good punters lose ten bets in a row sometimes. With 2% units, ten losses cost 20% of the bankroll, which is painful but survivable. With 20% stakes the same run ends your betting.
Use your bookmaker's deposit limit tool to make your bankroll rules automatic. See responsible gambling.
Bankroll FAQ
How much should I stake per bet?
Between 1% and 3% of your betting bankroll is a sensible range.
Should I bet more when I feel confident?
Flat stakes are safer. Confidence is not the same as value.
What if my bankroll runs out?
Stop, take a break, and only start again with new money you can afford to lose.