The Core Principle
Stake size = bankroll × unit percentage. One-percent rule, two-percent rule — pick your poison and stick to it. Anything else is a recipe for ruin.
Unit Size Matters
Imagine you have $10,000. A 1% unit equals $100. Bet $100, win or lose, you’re still afloat. Double that to 5%? One loss drops you to $9,500, another to $9,000, and you’re spiraling.
Variance Is Your Enemy
Long losing streaks aren’t myths; they’re math. If you overbet, a 10-game slump can erase weeks of profit. Keep variance in check by never exceeding your chosen unit.
Practical Steps
Step one: define your bankroll. No “extra cash” excuses. Step two: set a unit percentage. Step three: adjust only after a 20% swing — up or down. No daily tinkering.
When to Move the Money
Profit? Reinvest a fraction, say 25%, and lock the rest. Loss? Trim the unit, don’t double down. It’s simple: protect the base, grow the surplus.
Common Pitfalls
Chasing. After a loss, you raise the stake to “recover.” That’s the fastest route to a busted bankroll. Also, ignoring the bankroll for “big odds” bets — big odds are big risk. Stick to the unit.
Tools of the Trade
Spreadsheets, bankroll trackers, or that one-click app that flags oversize bets. Whatever you use, it must enforce the unit rule without fail.
Mindset Shift
Think like a trader, not a gambler. Discipline > adrenaline. Each bet is a data point, not a gamble. Treat your bankroll like a business account.
Final Piece of Advice
Here is the deal: lock your unit, respect variance, and never, ever deviate because a gut feeling tells you otherwise. That’s bankroll management in a nutshell — no fluff, just profit.
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