What is Bankroll Management?
Definition
The practice of setting a dedicated betting budget and sizing individual wagers as a small percentage of that total. Disciplined bankroll management (typically 1-5% per bet) protects against inevitable losing streaks.
Related Terms
The net profit or loss expressed as a percentage of total money wagered over a period. A positive ROI means the bettor is profitable, with professional sports bettors typically targeting 3-8% long-term ROI.
A strategy focused on finding bets where the implied probability from the odds is lower than the bettor's estimated true probability of the outcome. Consistent value betting is the foundation of long-term profitable wagering.
A mathematical calculation of the average amount a bettor can expect to win or lose per bet over time. Positive expected value (+EV) bets are the only sustainable path to profitability in sports wagering.