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Money Management Advice

Received quite a few e-mails in regards to my money management system so I am dedicating this page for all of you to access.




Start with a bankroll that you can comfortably lose without affecting your life in any way.....For the sake of your question we are going to use 5000...next, we'll select a unit wager. Personally I use 2% of the bankroll as a unit.....5000 X .02=100. 100 would be one unit.Your bankroll is going to go up and down so we need to be able to allow for this and 2% allows us to do that.

Increasing wagers

As our bankroll increases we need to increase the amount of each unit. Use 20% increments or 10 units....10 x .02=20%.Simply put, using our 5000 starting figure one would increase their unit play to 120 AFTER winning 10 units. Your bankroll would be 6000, therefore 6000 x .02=120. It will stay at 120 until you won another 10 units(120 x 10 units=1200+6000=7200) resulting in an increase to 150(7200 x .02=144 round up to nearest 10 so 150) also if you should dip down you would go back to your 100 figure

Results based on +130 Units

By increasing your bet size at pre-determined levels without increasing your risk you can safely build a nice bankroll. Here is an example of a person who started with 5000 and used this system........

Units.......Unit bet........Bankroll

    0........100..........5000
    +10.......120..........6000
    +20.......150..........7200
    +30.......180..........8700
    +40.......210..........10500
    +50.......260..........12600
    +60.......310..........15100
    +70.......370..........18200
    +80.......440..........21900
    +90.......530..........26300
    +100......640..........31600
    +110......720..........38000
    +120......900..........45000
    +130.....1080..........54000

At 130 for the year you are still using just 2% of your total bankroll. Your risk is the same as you started, you are simply taking advantage of your increasing bankroll. The key is....Predetermined levels of increase!



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