Josh Appelbaum

Over the past few days we've discussed the importance of flat betting, betting to risk instead The dirty little secret with handicappers who sell their picks is that their number one goal isn't to win bets for their members. It's to get people to buy their picks. Once you've purchased their picks, the handicapper has already won. It doesn't matter if the pick wins or loses, the handicapper keeps the payment. _x000D_

Over the past few days we've discussed the importance of flat betting, betting to risk instead of betting to win and limiting our numbers of bets each day. Now it's time to discuss one of the most critical aspects of bankroll management: Avoiding parlays._x000D_ _x000D_

​One critically important aspect of Bankroll Management that largely gets overlooked or ignored is the option to "bet to risk" vs. "bet to win." They might sound similar, but knowing the distinction is crucial. Bettors should always bet to risk, never to win. Sure, there are pros and cons when it comes to betting favorites and underdogs. But overall, the name of the game is about limiting your risk and maximizing your reward. Betting to risk affords bettors this opportunity. Betting to win doe

The more bets you make, the most risk you assume. As a result, you should do everything in your power to limit your number of bets. If you are betting 10 or more games per night, you are opening yourself up to massive fluctuations in your bankroll. While one great night could result in huge profits, one bad night could give back all of your hard earned gains in the blink of an eye

​The best and easiest way to manage your bankroll is by embracing flat betting. Flat betting is a consistent, disciplined strategy that means you are betting the same amount on every game regardless of your confidence level. Flat betting isn't sexy or flashy, but it puts you in the best position to stay in the game long term._x000D_ _x000D_

​Believe it or not, bankroll management can be just as important as picking winners. The goal is to map out a disciplined, consistent strategy that allows you to maximize your profits and minimize your losses, providing long-term sustainability. Think of bankroll management as the way to invest in sports, not just bet on them._x000D_