Bankroll:
Amount of money that we are willing to deposit (INVESTMENT) in our bookmaker.
Remember that it should NEVER be money you need right away, because like all other investments this also requires time.
The amount you invest is the first factor to consider in the management of banking in online betting. With a large bankroll you will have a greater margin of maneuver if you are a conservative bettor. With a reduced bankroll, you will be conditioned to smaller stakes and more conditioned in the size of your bets. Think that with a small bank you should not be heavily betting online since any mistake can cost you dearly. Our strategy policy points to a more conservative profile in order to move only by the greater probability of the event.
Stake:
Part of the bankroll that we assign to a bet. Your investment.
There are many ways to standardize the stake, although the most common and most used is the use of the scale from 0 to 10. This scale is in ascending order, i.e. the lowest participation would be 0.1 and the highest is 10.
At the same time, we must mention that this participation is closely linked to the theories of money management, that is, the value of money management. The participation in a single bet cannot exceed, in any case, 10% of our banking. Our conservative profile and experience point out as advice to beginners in this world to use a stake of 2.5% of the bank until they become familiar with external factors, such as the compulsive impulse to seek quick gains or to seek compensation in the event of loss of the bet. For example, trying to recover a lost bet with another raising the stake so as to recover both investments. If the second bet was ideal enough to double the stake, it would never have been a choice of emergency but the main one.
GL
10% on a single bet is very reckless. High % on a single bet is ok if you start with a very small bankroll and looking to grow rapidly but even then 10% is very high. 5% is the aggressive max if you want to last long term but you can compound the winnings and adjust unit size accordingly. Look up "bettingresource money management" on google for in depth explanation with spreadsheet showing long term profitablity.
Reckless if you dont protect your pick.. I agree with the 5% but if you read carefully what is written is a single Bet should neve exceed the 10%. There're bets where the 10% is not Reckless at all. Follow us at www.prime-tips.com and you will see what mean. Best of luck