[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"term-betting-bankroll-en":3,"related-bankroll-en":49,"mdc-5cgl7d-key":67},{"id":4,"slug":5,"status":6,"section":7,"category":8,"difficulty":9,"aliases":10,"related_terms":16,"related_calculators":22,"term":25,"definition":26,"content":27,"example":28,"faq":29,"availableLocales":42},"a4d01105-b594-43ca-a3fb-c1fb037e7326","bankroll","published","betting","strategies","beginner",[11,12,13,14,15],"betting bank","stake money","betting fund","BR","roll",[17,18,19,20,21],"stake","unit","kelly-criterion","risk-of-ruin","variance",[23,24,23],"\u002Fbetting\u002Fbankroll-growth-calculator","\u002Fbetting\u002Fkelly-calculator","Bankroll","A bankroll is the total amount of money a bettor has set aside exclusively for betting, completely separate from personal finances. Proper bankroll management determines stake sizes, protects against variance, and is considered the most important factor in long-term betting success. Without disciplined bankroll management, even skilled bettors with positive expected value will eventually go broke.","# Bankroll\n\nYour **bankroll** is the dedicated fund for all betting activities—completely separate from personal finances. It's the foundation of sustainable betting, determining how much you stake, how long you survive variance, and whether you'll be betting next month or next year. The mathematical reality is harsh: without proper bankroll management, even bettors with a genuine edge will eventually go broke due to variance. Professionals consider bankroll management more important than finding value bets.\n\n## Table of Contents\n\n- [What Is a Bankroll](#what-is)\n- [Setting Up Your Bankroll](#setup)\n- [Staking Methods](#staking)\n- [Unit System Explained](#units)\n- [Bankroll Growth Mathematics](#growth)\n- [Risk of Ruin](#risk-of-ruin)\n- [Common Mistakes](#mistakes)\n\n## What Is a Bankroll {#what-is}\n\nA bankroll is money with one purpose: betting. It's not your savings, not next month's rent, not money you might need. It exists separately from your financial life.\n\n### Key Bankroll Principles\n\n| Principle | Why It Matters |\n|-----------|----------------|\n| Separate from finances | Emotional decisions when using \"real\" money |\n| Amount you can lose | No psychological pressure |\n| Dedicated account | Clear tracking, no mixing |\n| Defined unit size | Consistent risk management |\n\n### The Bankroll Mindset\n\n```math\n\\text{Bankroll} = \\text{Disposable Income} \\times \\text{Risk Tolerance}\n```\n\n**Mental Framework:**\n- This money is already \"spent\" on entertainment\n- Wins are bonus, losses are expected variance\n- Goal is longevity, not quick profits\n\n## Setting Up Your Bankroll {#setup}\n\n### Step 1: Determine Amount\n\n| Your Situation | Recommended Bankroll |\n|----------------|---------------------|\n| Casual bettor | $100-$500 |\n| Regular bettor | $500-$2,000 |\n| Serious bettor | $2,000-$10,000 |\n| Semi-professional | $10,000-$50,000 |\n| Professional | $50,000+ |\n\n### Step 2: Choose Your Unit Size\n\n```math\n\\text{Unit Size} = \\frac{\\text{Bankroll}}{100}\n```\n\n| Bankroll | 1 Unit (1%) | 2 Units (2%) | 5 Units (5%) |\n|----------|-------------|--------------|--------------|\n| $500 | $5 | $10 | $25 |\n| $1,000 | $10 | $20 | $50 |\n| $2,000 | $20 | $40 | $100 |\n| $5,000 | $50 | $100 | $250 |\n\n### Step 3: Set Rules\n\nBefore placing any bet, establish:\n1. Maximum single bet (usually 3-5 units)\n2. Maximum daily exposure (usually 10-20%)\n3. Stop-loss point (when to take a break)\n4. Bankroll review frequency (weekly\u002Fmonthly)\n\n## Staking Methods {#staking}\n\n### Flat Staking\n\nSame amount on every bet regardless of odds or confidence.\n\n```math\n\\text{Stake} = \\text{Fixed Amount (e.g., 2\\% of starting bankroll)}\n```\n\n| Pros | Cons |\n|------|------|\n| Simple | Doesn't optimize for edge |\n| Low variance | Slow growth |\n| Easy tracking | Ignores confidence levels |\n\n**Best for:** Beginners, recreational bettors\n\n### Percentage Staking\n\nFixed percentage of current bankroll (adjusts with wins\u002Flosses).\n\n```math\n\\text{Stake} = \\text{Current Bankroll} \\times \\text{Percentage}\n```\n\n| Bankroll | 2% Stake |\n|----------|----------|\n| $1,000 | $20 |\n| $1,200 (after wins) | $24 |\n| $800 (after losses) | $16 |\n\n| Pros | Cons |\n|------|------|\n| Automatic adjustment | Slower recovery after losses |\n| Protects during downswings | Requires constant calculation |\n| Compounds during upswings | |\n\n**Best for:** Intermediate bettors, long-term approach\n\n### Kelly Criterion Staking\n\nMathematically optimal stake based on edge and odds.\n\n```math\n\\text{Kelly \\%} = \\frac{(p \\times \\text{odds}) - 1}{\\text{odds} - 1}\n```\n\nWhere p = your estimated probability of winning\n\n| Edge | Odds | Kelly % |\n|------|------|---------|\n| 5% | 2.00 | 5% |\n| 10% | 2.00 | 10% |\n| 5% | 3.00 | 2.5% |\n\n**Professional Approach:** Use 25-50% of Kelly (Fractional Kelly) to reduce variance.\n\n| Pros | Cons |\n|------|------|\n| Maximizes growth | Requires accurate edge estimation |\n| Mathematically optimal | High variance at full Kelly |\n| Adjusts for value | Complex calculation |\n\n**Best for:** Experienced bettors with verified edge\n\n### Confidence-Based Staking\n\nVariable stakes based on confidence level.\n\n| Confidence | Stake |\n|------------|-------|\n| Low | 1 unit |\n| Medium | 2 units |\n| High | 3 units |\n| Very High | 4-5 units |\n\n**Warning:** Only works if your confidence correlates with actual edge.\n\n## Unit System Explained {#units}\n\n### Why Use Units?\n\nUnits standardize betting results across different bankroll sizes and time periods.\n\n**Example:** \"I'm up 50 units this month\"\n- $500 bankroll, $5 unit → +$250 profit\n- $5,000 bankroll, $50 unit → +$2,500 profit\n- Same skill level, different bankrolls\n\n### Tracking in Units\n\n| Date | Bet | Odds | Stake | Result | Units +\u002F- | Running |\n|------|-----|------|-------|--------|-----------|---------|\n| Jan 1 | Liverpool | 1.90 | 2u | Win | +1.8u | +1.8u |\n| Jan 2 | Man City | 1.75 | 2u | Lose | -2.0u | -0.2u |\n| Jan 3 | Chelsea | 2.10 | 1u | Win | +1.1u | +0.9u |\n\n### Unit Profit Benchmarks\n\n| Monthly Units | Assessment |\n|---------------|------------|\n| -10 or worse | Significant losses, review strategy |\n| -5 to -10 | Below average, variance possible |\n| -5 to +5 | Breaking even, normal variance |\n| +5 to +10 | Good month |\n| +10 to +20 | Excellent month |\n| +20+ | Exceptional (or lucky) |\n\n## Bankroll Growth Mathematics {#growth}\n\n### Compound Growth Formula\n\n```math\n\\text{Future Bankroll} = \\text{Starting Bankroll} \\times (1 + r)^n\n```\n\nWhere r = average return per period, n = number of periods\n\n### Growth Scenarios\n\n**Starting Bankroll: $1,000**\n\n| Monthly ROI | After 12 Months | After 24 Months |\n|-------------|-----------------|-----------------|\n| 2% | $1,268 | $1,608 |\n| 5% | $1,796 | $3,225 |\n| 10% | $3,138 | $9,850 |\n\n### Realistic Expectations\n\n| Bettor Type | Expected Monthly ROI |\n|-------------|---------------------|\n| Recreational | -5% to -10% |\n| Break-even | -2% to +2% |\n| Skilled | +2% to +5% |\n| Professional | +5% to +10% |\n| Elite | +10%+ |\n\n**Note:** These are on turnover, not bankroll. Actual bankroll growth depends on bet volume.\n\n## Risk of Ruin {#risk-of-ruin}\n\n### What Is Risk of Ruin?\n\nThe probability of losing your entire bankroll before achieving your target.\n\n```math\n\\text{Risk of Ruin} \\approx \\left(\\frac{1 - \\text{Edge}}{1 + \\text{Edge}}\\right)^{\\text{Bankroll in Units}}\n```\n\n### Risk of Ruin by Stake Size\n\n| Unit Size | 100-Unit Bankroll | Risk Assessment |\n|-----------|-------------------|-----------------|\n| 1% | \u003C0.01% | Very safe |\n| 2% | ~0.1% | Safe |\n| 5% | ~5% | Moderate risk |\n| 10% | ~20% | High risk |\n| 20% | ~50% | Very high risk |\n\n### Reducing Risk of Ruin\n\nYour bankroll size directly impacts your [risk of ruin](\u002Fblog\u002Frisk-of-ruin-calculator)—larger bankrolls dramatically reduce bust probability.\n\n1. **Smaller stakes** - Most effective\n2. **Larger bankroll** - More cushion\n3. **Positive edge** - Mathematical advantage\n4. **Lower variance bets** - Avoid longshots\n\n## Common Mistakes {#mistakes}\n\n### Mistake 1: Betting Scared Money\n\n**Problem:** Using money you can't afford to lose\n**Result:** Emotional decisions, chasing losses, poor judgment\n**Solution:** Only use truly disposable income\n\n### Mistake 2: No Defined Units\n\n**Problem:** Random bet sizes based on feeling\n**Result:** Oversized bets on wrong picks, undersized on good value\n**Solution:** Set and follow unit rules strictly\n\n### Mistake 3: Chasing Losses\n\n**Problem:** Increasing stakes to recover losses quickly\n**Result:** Accelerated bankroll depletion\n\n```math\n\\text{Recovery Needed} = \\frac{\\text{Loss \\%}}{1 - \\text{Loss \\%}}\n```\n\n| Loss | Required Gain to Recover |\n|------|-------------------------|\n| 10% | 11% |\n| 25% | 33% |\n| 50% | 100% |\n| 75% | 300% |\n\n**Solution:** Stick to unit size, accept variance\n\n### Mistake 4: Ignoring Variance\n\n**Problem:** Expecting linear growth\n**Result:** Panic during normal downswings\n\n**Reality:** Even +5% edge bettors regularly experience:\n- 20-30 unit downswings\n- Multiple losing weeks\n- Months below expectation\n\n**Solution:** Size bankroll for expected variance\n\n### Mistake 5: Not Tracking\n\n**Problem:** No records of bets, results, ROI\n**Result:** No data to improve, no idea if profitable\n**Solution:** Track every bet in spreadsheet or app\n\n## Bankroll Management Calculator\n\nPlan your betting strategy:\n\n| Input | Your Value |\n|-------|-----------|\n| Total Bankroll | $_____ |\n| Unit Size (%) | ___% |\n| One Unit | $_____ |\n| Max Single Bet | ___u |\n| Daily Limit | ___u |\n\n## Related Calculators\n\nBuild your bankroll strategy:\n\n- [Bankroll Management Calculator](\u002Fbetting\u002Fbankroll-growth-calculator) - Plan your approach\n- [Kelly Criterion Calculator](\u002Fbetting\u002Fkelly-calculator) - Optimal stake sizing\n- [Bankroll Growth Calculator](\u002Fbetting\u002Fbankroll-growth-calculator) - Project future growth",null,[30,33,36,39],{"answer":31,"question":32},"Your bankroll should be money you can afford to lose completely without affecting your lifestyle. Most recreational bettors start with $200-$1000. The key is using only disposable income—never rent money, savings, or borrowed funds. Your bankroll size determines your unit size and betting comfort level.","How much should my betting bankroll be?",{"answer":34,"question":35},"Conservative bettors use 1-2% per bet, moderate bettors use 2-3%, and aggressive bettors use 3-5%. Kelly Criterion calculates optimal stake based on your edge, but most professionals use 25-50% of Kelly to reduce variance. Never exceed 5% on a single bet regardless of confidence.","What percentage of bankroll should I bet?",{"answer":37,"question":38},"Yes, but proportionally. If using percentage staking, your bet size naturally increases as bankroll grows. With a $1000 bankroll at 2%, you bet $20. After growing to $1500, you bet $30. This compounds growth while maintaining consistent risk exposure. Avoid arbitrary increases based on 'hot streaks.'","Should I increase bet size after winning?",{"answer":40,"question":41},"A unit is a standardized bet size, typically 1% of your bankroll. If your bankroll is $1000, one unit equals $10. Tracking results in units rather than dollars allows comparison across different bankroll sizes and time periods. Professional tipsters report results in units for this reason.","What is a betting unit?",[43,44,45,46,47,48],"en","ru","de","tr","pt","es",[50,54,59,63],{"slug":19,"section":7,"category":8,"difficulty":51,"term":52,"definition":53},"advanced","Kelly Criterion","The Kelly Criterion is a mathematical formula that calculates the optimal percentage of your bankroll to wager on a bet based on your edge and the odds offered. Developed by John Kelly at Bell Labs in 1956, it maximizes long-term bankroll growth while minimizing the risk of ruin. Professional bettors use fractional Kelly (25-50%) to reduce volatility.",{"slug":20,"section":7,"category":55,"difficulty":56,"term":57,"definition":58},"concept","intermediate","Risk of Ruin","Risk of Ruin (RoR) is the probability of losing your entire bankroll given specific parameters: edge per bet, variance, and bankroll size. A core tool for any serious poker player or sports bettor. RoR depends not just on how much of a winning player you are, but on how aggressively you bet. A positive edge without proper bankroll management doesn't guarantee survival: even a player with +5% ROI can go broke on a thin bankroll.",{"slug":17,"section":7,"category":60,"difficulty":9,"term":61,"definition":62},"fundamentals","Stake","A stake is the amount of money wagered on a single bet—your financial risk on that specific outcome. Stake sizing is the foundation of bankroll management, determining how much you risk per bet relative to your total betting fund. Professional bettors typically stake 1-5% of their bankroll per bet, with the exact percentage determined by their edge and confidence level.",{"slug":21,"section":7,"category":64,"difficulty":56,"term":65,"definition":66},"metrics","Variance","The statistical measure of how spread out betting results are from the expected value, representing the natural randomness in short-term outcomes.",{"data":68,"body":69},{},{"type":70,"children":71},"root",[72,79,92,98,166,172,177,184,263,269,419,427,445,451,457,807,813,1021,1140,1146,1151,1175,1181,1187,1192,1279,1340,1350,1356,1361,1488,1546,1603,1612,1618,1623,1900,1905,1982,1992,2051,2060,2066,2071,2144,2154,2160,2166,2171,2181,2450,2456,2612,2618,2718,2724,2730,2952,2957,2963,2971,3050,3056,3142,3152,3158,3164,3169,3495,3501,3615,3621,3634,3677,3683,3689,3713,3719,3740,3746,3761,3972,4045,4054,4060,4075,4085,4103,4112,4118,4139,4145,4150,4235,4241,4246],{"type":73,"tag":74,"props":75,"children":76},"element","h2",{"id":5},[77],{"type":78,"value":25},"text",{"type":73,"tag":80,"props":81,"children":82},"p",{},[83,85,90],{"type":78,"value":84},"Your ",{"type":73,"tag":86,"props":87,"children":88},"strong",{},[89],{"type":78,"value":5},{"type":78,"value":91}," is the dedicated fund for all betting activities—completely separate from personal finances. It's the foundation of sustainable betting, determining how much you stake, how long you survive variance, and whether you'll be betting next month or next year. The mathematical reality is harsh: without proper bankroll management, even bettors with a genuine edge will eventually go broke due to variance. Professionals consider bankroll management more important than finding value bets.",{"type":73,"tag":74,"props":93,"children":95},{"id":94},"table-of-contents",[96],{"type":78,"value":97},"Table of Contents",{"type":73,"tag":99,"props":100,"children":101},"ul",{},[102,113,122,131,140,149,157],{"type":73,"tag":103,"props":104,"children":105},"li",{},[106],{"type":73,"tag":107,"props":108,"children":110},"a",{"href":109},"#what-is",[111],{"type":78,"value":112},"What Is a Bankroll",{"type":73,"tag":103,"props":114,"children":115},{},[116],{"type":73,"tag":107,"props":117,"children":119},{"href":118},"#setup",[120],{"type":78,"value":121},"Setting Up Your Bankroll",{"type":73,"tag":103,"props":123,"children":124},{},[125],{"type":73,"tag":107,"props":126,"children":128},{"href":127},"#staking",[129],{"type":78,"value":130},"Staking Methods",{"type":73,"tag":103,"props":132,"children":133},{},[134],{"type":73,"tag":107,"props":135,"children":137},{"href":136},"#units",[138],{"type":78,"value":139},"Unit System Explained",{"type":73,"tag":103,"props":141,"children":142},{},[143],{"type":73,"tag":107,"props":144,"children":146},{"href":145},"#growth",[147],{"type":78,"value":148},"Bankroll Growth Mathematics",{"type":73,"tag":103,"props":150,"children":151},{},[152],{"type":73,"tag":107,"props":153,"children":155},{"href":154},"#risk-of-ruin",[156],{"type":78,"value":57},{"type":73,"tag":103,"props":158,"children":159},{},[160],{"type":73,"tag":107,"props":161,"children":163},{"href":162},"#mistakes",[164],{"type":78,"value":165},"Common Mistakes",{"type":73,"tag":74,"props":167,"children":169},{"id":168},"what-is-a-bankroll-what-is",[170],{"type":78,"value":171},"What Is a Bankroll {#what-is}",{"type":73,"tag":80,"props":173,"children":174},{},[175],{"type":78,"value":176},"A bankroll is money with one purpose: betting. It's not your savings, not next month's rent, not money you might need. It exists separately from your financial life.",{"type":73,"tag":178,"props":179,"children":181},"h3",{"id":180},"key-bankroll-principles",[182],{"type":78,"value":183},"Key Bankroll Principles",{"type":73,"tag":185,"props":186,"children":187},"table",{},[188,206],{"type":73,"tag":189,"props":190,"children":191},"thead",{},[192],{"type":73,"tag":46,"props":193,"children":194},{},[195,201],{"type":73,"tag":196,"props":197,"children":198},"th",{},[199],{"type":78,"value":200},"Principle",{"type":73,"tag":196,"props":202,"children":203},{},[204],{"type":78,"value":205},"Why It Matters",{"type":73,"tag":207,"props":208,"children":209},"tbody",{},[210,224,237,250],{"type":73,"tag":46,"props":211,"children":212},{},[213,219],{"type":73,"tag":214,"props":215,"children":216},"td",{},[217],{"type":78,"value":218},"Separate from finances",{"type":73,"tag":214,"props":220,"children":221},{},[222],{"type":78,"value":223},"Emotional decisions when using \"real\" money",{"type":73,"tag":46,"props":225,"children":226},{},[227,232],{"type":73,"tag":214,"props":228,"children":229},{},[230],{"type":78,"value":231},"Amount you can lose",{"type":73,"tag":214,"props":233,"children":234},{},[235],{"type":78,"value":236},"No psychological pressure",{"type":73,"tag":46,"props":238,"children":239},{},[240,245],{"type":73,"tag":214,"props":241,"children":242},{},[243],{"type":78,"value":244},"Dedicated account",{"type":73,"tag":214,"props":246,"children":247},{},[248],{"type":78,"value":249},"Clear tracking, no mixing",{"type":73,"tag":46,"props":251,"children":252},{},[253,258],{"type":73,"tag":214,"props":254,"children":255},{},[256],{"type":78,"value":257},"Defined unit size",{"type":73,"tag":214,"props":259,"children":260},{},[261],{"type":78,"value":262},"Consistent risk management",{"type":73,"tag":178,"props":264,"children":266},{"id":265},"the-bankroll-mindset",[267],{"type":78,"value":268},"The Bankroll Mindset",{"type":73,"tag":270,"props":271,"children":274},"span",{"className":272},[273],"katex",[275,326],{"type":73,"tag":270,"props":276,"children":279},{"className":277},[278],"katex-mathml",[280],{"type":73,"tag":281,"props":282,"children":284},"math",{"xmlns":283},"http:\u002F\u002Fwww.w3.org\u002F1998\u002FMath\u002FMathML",[285],{"type":73,"tag":286,"props":287,"children":288},"semantics",{},[289,319],{"type":73,"tag":290,"props":291,"children":292},"mrow",{},[293,298,304,309,314],{"type":73,"tag":294,"props":295,"children":296},"mtext",{},[297],{"type":78,"value":25},{"type":73,"tag":299,"props":300,"children":301},"mo",{},[302],{"type":78,"value":303},"=",{"type":73,"tag":294,"props":305,"children":306},{},[307],{"type":78,"value":308},"Disposable Income",{"type":73,"tag":299,"props":310,"children":311},{},[312],{"type":78,"value":313},"×",{"type":73,"tag":294,"props":315,"children":316},{},[317],{"type":78,"value":318},"Risk Tolerance",{"type":73,"tag":320,"props":321,"children":323},"annotation",{"encoding":322},"application\u002Fx-tex",[324],{"type":78,"value":325},"\\text{Bankroll} = \\text{Disposable Income} \\times \\text{Risk Tolerance}\n",{"type":73,"tag":270,"props":327,"children":331},{"className":328,"ariaHidden":330},[329],"katex-html","true",[332,369,402],{"type":73,"tag":270,"props":333,"children":336},{"className":334},[335],"base",[337,343,353,359,365],{"type":73,"tag":270,"props":338,"children":342},{"className":339,"style":341},[340],"strut","height:0.6944em;",[],{"type":73,"tag":270,"props":344,"children":347},{"className":345},[346,78],"mord",[348],{"type":73,"tag":270,"props":349,"children":351},{"className":350},[346],[352],{"type":78,"value":25},{"type":73,"tag":270,"props":354,"children":358},{"className":355,"style":357},[356],"mspace","margin-right:0.2778em;",[],{"type":73,"tag":270,"props":360,"children":363},{"className":361},[362],"mrel",[364],{"type":78,"value":303},{"type":73,"tag":270,"props":366,"children":368},{"className":367,"style":357},[356],[],{"type":73,"tag":270,"props":370,"children":372},{"className":371},[335],[373,378,387,392,398],{"type":73,"tag":270,"props":374,"children":377},{"className":375,"style":376},[340],"height:0.8889em;vertical-align:-0.1944em;",[],{"type":73,"tag":270,"props":379,"children":381},{"className":380},[346,78],[382],{"type":73,"tag":270,"props":383,"children":385},{"className":384},[346],[386],{"type":78,"value":308},{"type":73,"tag":270,"props":388,"children":391},{"className":389,"style":390},[356],"margin-right:0.2222em;",[],{"type":73,"tag":270,"props":393,"children":396},{"className":394},[395],"mbin",[397],{"type":78,"value":313},{"type":73,"tag":270,"props":399,"children":401},{"className":400,"style":390},[356],[],{"type":73,"tag":270,"props":403,"children":405},{"className":404},[335],[406,410],{"type":73,"tag":270,"props":407,"children":409},{"className":408,"style":341},[340],[],{"type":73,"tag":270,"props":411,"children":413},{"className":412},[346,78],[414],{"type":73,"tag":270,"props":415,"children":417},{"className":416},[346],[418],{"type":78,"value":318},{"type":73,"tag":80,"props":420,"children":421},{},[422],{"type":73,"tag":86,"props":423,"children":424},{},[425],{"type":78,"value":426},"Mental Framework:",{"type":73,"tag":99,"props":428,"children":429},{},[430,435,440],{"type":73,"tag":103,"props":431,"children":432},{},[433],{"type":78,"value":434},"This money is already \"spent\" on entertainment",{"type":73,"tag":103,"props":436,"children":437},{},[438],{"type":78,"value":439},"Wins are bonus, losses are expected variance",{"type":73,"tag":103,"props":441,"children":442},{},[443],{"type":78,"value":444},"Goal is longevity, not quick profits",{"type":73,"tag":74,"props":446,"children":448},{"id":447},"setting-up-your-bankroll-setup",[449],{"type":78,"value":450},"Setting Up Your Bankroll {#setup}",{"type":73,"tag":178,"props":452,"children":454},{"id":453},"step-1-determine-amount",[455],{"type":78,"value":456},"Step 1: Determine Amount",{"type":73,"tag":185,"props":458,"children":459},{},[460,476],{"type":73,"tag":189,"props":461,"children":462},{},[463],{"type":73,"tag":46,"props":464,"children":465},{},[466,471],{"type":73,"tag":196,"props":467,"children":468},{},[469],{"type":78,"value":470},"Your Situation",{"type":73,"tag":196,"props":472,"children":473},{},[474],{"type":78,"value":475},"Recommended Bankroll",{"type":73,"tag":207,"props":477,"children":478},{},[479,548,613,706,794],{"type":73,"tag":46,"props":480,"children":481},{},[482,487],{"type":73,"tag":214,"props":483,"children":484},{},[485],{"type":78,"value":486},"Casual bettor",{"type":73,"tag":214,"props":488,"children":489},{},[490,546],{"type":73,"tag":270,"props":491,"children":493},{"className":492},[273],[494,523],{"type":73,"tag":270,"props":495,"children":497},{"className":496},[278],[498],{"type":73,"tag":281,"props":499,"children":500},{"xmlns":283},[501],{"type":73,"tag":286,"props":502,"children":503},{},[504,518],{"type":73,"tag":290,"props":505,"children":506},{},[507,513],{"type":73,"tag":508,"props":509,"children":510},"mn",{},[511],{"type":78,"value":512},"100",{"type":73,"tag":299,"props":514,"children":515},{},[516],{"type":78,"value":517},"−",{"type":73,"tag":320,"props":519,"children":520},{"encoding":322},[521],{"type":78,"value":522},"100-",{"type":73,"tag":270,"props":524,"children":526},{"className":525,"ariaHidden":330},[329],[527],{"type":73,"tag":270,"props":528,"children":530},{"className":529},[335],[531,536,541],{"type":73,"tag":270,"props":532,"children":535},{"className":533,"style":534},[340],"height:0.7278em;vertical-align:-0.0833em;",[],{"type":73,"tag":270,"props":537,"children":539},{"className":538},[346],[540],{"type":78,"value":512},{"type":73,"tag":270,"props":542,"children":544},{"className":543},[346],[545],{"type":78,"value":517},{"type":78,"value":547},"500",{"type":73,"tag":46,"props":549,"children":550},{},[551,556],{"type":73,"tag":214,"props":552,"children":553},{},[554],{"type":78,"value":555},"Regular bettor",{"type":73,"tag":214,"props":557,"children":558},{},[559,611],{"type":73,"tag":270,"props":560,"children":562},{"className":561},[273],[563,589],{"type":73,"tag":270,"props":564,"children":566},{"className":565},[278],[567],{"type":73,"tag":281,"props":568,"children":569},{"xmlns":283},[570],{"type":73,"tag":286,"props":571,"children":572},{},[573,584],{"type":73,"tag":290,"props":574,"children":575},{},[576,580],{"type":73,"tag":508,"props":577,"children":578},{},[579],{"type":78,"value":547},{"type":73,"tag":299,"props":581,"children":582},{},[583],{"type":78,"value":517},{"type":73,"tag":320,"props":585,"children":586},{"encoding":322},[587],{"type":78,"value":588},"500-",{"type":73,"tag":270,"props":590,"children":592},{"className":591,"ariaHidden":330},[329],[593],{"type":73,"tag":270,"props":594,"children":596},{"className":595},[335],[597,601,606],{"type":73,"tag":270,"props":598,"children":600},{"className":599,"style":534},[340],[],{"type":73,"tag":270,"props":602,"children":604},{"className":603},[346],[605],{"type":78,"value":547},{"type":73,"tag":270,"props":607,"children":609},{"className":608},[346],[610],{"type":78,"value":517},{"type":78,"value":612},"2,000",{"type":73,"tag":46,"props":614,"children":615},{},[616,621],{"type":73,"tag":214,"props":617,"children":618},{},[619],{"type":78,"value":620},"Serious bettor",{"type":73,"tag":214,"props":622,"children":623},{},[624,704],{"type":73,"tag":270,"props":625,"children":627},{"className":626},[273],[628,665],{"type":73,"tag":270,"props":629,"children":631},{"className":630},[278],[632],{"type":73,"tag":281,"props":633,"children":634},{"xmlns":283},[635],{"type":73,"tag":286,"props":636,"children":637},{},[638,660],{"type":73,"tag":290,"props":639,"children":640},{},[641,646,651,656],{"type":73,"tag":508,"props":642,"children":643},{},[644],{"type":78,"value":645},"2",{"type":73,"tag":299,"props":647,"children":648},{"separator":330},[649],{"type":78,"value":650},",",{"type":73,"tag":508,"props":652,"children":653},{},[654],{"type":78,"value":655},"000",{"type":73,"tag":299,"props":657,"children":658},{},[659],{"type":78,"value":517},{"type":73,"tag":320,"props":661,"children":662},{"encoding":322},[663],{"type":78,"value":664},"2,000-",{"type":73,"tag":270,"props":666,"children":668},{"className":667,"ariaHidden":330},[329],[669],{"type":73,"tag":270,"props":670,"children":672},{"className":671},[335],[673,678,683,689,694,699],{"type":73,"tag":270,"props":674,"children":677},{"className":675,"style":676},[340],"height:0.8389em;vertical-align:-0.1944em;",[],{"type":73,"tag":270,"props":679,"children":681},{"className":680},[346],[682],{"type":78,"value":645},{"type":73,"tag":270,"props":684,"children":687},{"className":685},[686],"mpunct",[688],{"type":78,"value":650},{"type":73,"tag":270,"props":690,"children":693},{"className":691,"style":692},[356],"margin-right:0.1667em;",[],{"type":73,"tag":270,"props":695,"children":697},{"className":696},[346],[698],{"type":78,"value":655},{"type":73,"tag":270,"props":700,"children":702},{"className":701},[346],[703],{"type":78,"value":517},{"type":78,"value":705},"10,000",{"type":73,"tag":46,"props":707,"children":708},{},[709,714],{"type":73,"tag":214,"props":710,"children":711},{},[712],{"type":78,"value":713},"Semi-professional",{"type":73,"tag":214,"props":715,"children":716},{},[717,792],{"type":73,"tag":270,"props":718,"children":720},{"className":719},[273],[721,756],{"type":73,"tag":270,"props":722,"children":724},{"className":723},[278],[725],{"type":73,"tag":281,"props":726,"children":727},{"xmlns":283},[728],{"type":73,"tag":286,"props":729,"children":730},{},[731,751],{"type":73,"tag":290,"props":732,"children":733},{},[734,739,743,747],{"type":73,"tag":508,"props":735,"children":736},{},[737],{"type":78,"value":738},"10",{"type":73,"tag":299,"props":740,"children":741},{"separator":330},[742],{"type":78,"value":650},{"type":73,"tag":508,"props":744,"children":745},{},[746],{"type":78,"value":655},{"type":73,"tag":299,"props":748,"children":749},{},[750],{"type":78,"value":517},{"type":73,"tag":320,"props":752,"children":753},{"encoding":322},[754],{"type":78,"value":755},"10,000-",{"type":73,"tag":270,"props":757,"children":759},{"className":758,"ariaHidden":330},[329],[760],{"type":73,"tag":270,"props":761,"children":763},{"className":762},[335],[764,768,773,778,782,787],{"type":73,"tag":270,"props":765,"children":767},{"className":766,"style":676},[340],[],{"type":73,"tag":270,"props":769,"children":771},{"className":770},[346],[772],{"type":78,"value":738},{"type":73,"tag":270,"props":774,"children":776},{"className":775},[686],[777],{"type":78,"value":650},{"type":73,"tag":270,"props":779,"children":781},{"className":780,"style":692},[356],[],{"type":73,"tag":270,"props":783,"children":785},{"className":784},[346],[786],{"type":78,"value":655},{"type":73,"tag":270,"props":788,"children":790},{"className":789},[346],[791],{"type":78,"value":517},{"type":78,"value":793},"50,000",{"type":73,"tag":46,"props":795,"children":796},{},[797,802],{"type":73,"tag":214,"props":798,"children":799},{},[800],{"type":78,"value":801},"Professional",{"type":73,"tag":214,"props":803,"children":804},{},[805],{"type":78,"value":806},"$50,000+",{"type":73,"tag":178,"props":808,"children":810},{"id":809},"step-2-choose-your-unit-size",[811],{"type":78,"value":812},"Step 2: Choose Your Unit Size",{"type":73,"tag":270,"props":814,"children":816},{"className":815},[273],[817,856],{"type":73,"tag":270,"props":818,"children":820},{"className":819},[278],[821],{"type":73,"tag":281,"props":822,"children":823},{"xmlns":283},[824],{"type":73,"tag":286,"props":825,"children":826},{},[827,851],{"type":73,"tag":290,"props":828,"children":829},{},[830,835,839],{"type":73,"tag":294,"props":831,"children":832},{},[833],{"type":78,"value":834},"Unit Size",{"type":73,"tag":299,"props":836,"children":837},{},[838],{"type":78,"value":303},{"type":73,"tag":840,"props":841,"children":842},"mfrac",{},[843,847],{"type":73,"tag":294,"props":844,"children":845},{},[846],{"type":78,"value":25},{"type":73,"tag":508,"props":848,"children":849},{},[850],{"type":78,"value":512},{"type":73,"tag":320,"props":852,"children":853},{"encoding":322},[854],{"type":78,"value":855},"\\text{Unit Size} = \\frac{\\text{Bankroll}}{100}\n",{"type":73,"tag":270,"props":857,"children":859},{"className":858,"ariaHidden":330},[329],[860,891],{"type":73,"tag":270,"props":861,"children":863},{"className":862},[335],[864,869,878,882,887],{"type":73,"tag":270,"props":865,"children":868},{"className":866,"style":867},[340],"height:0.6833em;",[],{"type":73,"tag":270,"props":870,"children":872},{"className":871},[346,78],[873],{"type":73,"tag":270,"props":874,"children":876},{"className":875},[346],[877],{"type":78,"value":834},{"type":73,"tag":270,"props":879,"children":881},{"className":880,"style":357},[356],[],{"type":73,"tag":270,"props":883,"children":885},{"className":884},[362],[886],{"type":78,"value":303},{"type":73,"tag":270,"props":888,"children":890},{"className":889,"style":357},[356],[],{"type":73,"tag":270,"props":892,"children":894},{"className":893},[335],[895,900],{"type":73,"tag":270,"props":896,"children":899},{"className":897,"style":898},[340],"height:1.2251em;vertical-align:-0.345em;",[],{"type":73,"tag":270,"props":901,"children":903},{"className":902},[346],[904,910,1016],{"type":73,"tag":270,"props":905,"children":909},{"className":906},[907,908],"mopen","nulldelimiter",[],{"type":73,"tag":270,"props":911,"children":913},{"className":912},[840],[914],{"type":73,"tag":270,"props":915,"children":919},{"className":916},[917,918],"vlist-t","vlist-t2",[920,1004],{"type":73,"tag":270,"props":921,"children":924},{"className":922},[923],"vlist-r",[925,997],{"type":73,"tag":270,"props":926,"children":930},{"className":927,"style":929},[928],"vlist","height:0.8801em;",[931,958,972],{"type":73,"tag":270,"props":932,"children":934},{"style":933},"top:-2.655em;",[935,941],{"type":73,"tag":270,"props":936,"children":940},{"className":937,"style":939},[938],"pstrut","height:3em;",[],{"type":73,"tag":270,"props":942,"children":948},{"className":943},[944,945,946,947],"sizing","reset-size6","size3","mtight",[949],{"type":73,"tag":270,"props":950,"children":952},{"className":951},[346,947],[953],{"type":73,"tag":270,"props":954,"children":956},{"className":955},[346,947],[957],{"type":78,"value":512},{"type":73,"tag":270,"props":959,"children":961},{"style":960},"top:-3.23em;",[962,966],{"type":73,"tag":270,"props":963,"children":965},{"className":964,"style":939},[938],[],{"type":73,"tag":270,"props":967,"children":971},{"className":968,"style":970},[969],"frac-line","border-bottom-width:0.04em;",[],{"type":73,"tag":270,"props":973,"children":975},{"style":974},"top:-3.394em;",[976,980],{"type":73,"tag":270,"props":977,"children":979},{"className":978,"style":939},[938],[],{"type":73,"tag":270,"props":981,"children":983},{"className":982},[944,945,946,947],[984],{"type":73,"tag":270,"props":985,"children":987},{"className":986},[346,947],[988],{"type":73,"tag":270,"props":989,"children":991},{"className":990},[346,78,947],[992],{"type":73,"tag":270,"props":993,"children":995},{"className":994},[346,947],[996],{"type":78,"value":25},{"type":73,"tag":270,"props":998,"children":1001},{"className":999},[1000],"vlist-s",[1002],{"type":78,"value":1003},"​",{"type":73,"tag":270,"props":1005,"children":1007},{"className":1006},[923],[1008],{"type":73,"tag":270,"props":1009,"children":1012},{"className":1010,"style":1011},[928],"height:0.345em;",[1013],{"type":73,"tag":270,"props":1014,"children":1015},{},[],{"type":73,"tag":270,"props":1017,"children":1020},{"className":1018},[1019,908],"mclose",[],{"type":73,"tag":185,"props":1022,"children":1023},{},[1024,1049],{"type":73,"tag":189,"props":1025,"children":1026},{},[1027],{"type":73,"tag":46,"props":1028,"children":1029},{},[1030,1034,1039,1044],{"type":73,"tag":196,"props":1031,"children":1032},{},[1033],{"type":78,"value":25},{"type":73,"tag":196,"props":1035,"children":1036},{},[1037],{"type":78,"value":1038},"1 Unit (1%)",{"type":73,"tag":196,"props":1040,"children":1041},{},[1042],{"type":78,"value":1043},"2 Units (2%)",{"type":73,"tag":196,"props":1045,"children":1046},{},[1047],{"type":78,"value":1048},"5 Units (5%)",{"type":73,"tag":207,"props":1050,"children":1051},{},[1052,1075,1097,1119],{"type":73,"tag":46,"props":1053,"children":1054},{},[1055,1060,1065,1070],{"type":73,"tag":214,"props":1056,"children":1057},{},[1058],{"type":78,"value":1059},"$500",{"type":73,"tag":214,"props":1061,"children":1062},{},[1063],{"type":78,"value":1064},"$5",{"type":73,"tag":214,"props":1066,"children":1067},{},[1068],{"type":78,"value":1069},"$10",{"type":73,"tag":214,"props":1071,"children":1072},{},[1073],{"type":78,"value":1074},"$25",{"type":73,"tag":46,"props":1076,"children":1077},{},[1078,1083,1087,1092],{"type":73,"tag":214,"props":1079,"children":1080},{},[1081],{"type":78,"value":1082},"$1,000",{"type":73,"tag":214,"props":1084,"children":1085},{},[1086],{"type":78,"value":1069},{"type":73,"tag":214,"props":1088,"children":1089},{},[1090],{"type":78,"value":1091},"$20",{"type":73,"tag":214,"props":1093,"children":1094},{},[1095],{"type":78,"value":1096},"$50",{"type":73,"tag":46,"props":1098,"children":1099},{},[1100,1105,1109,1114],{"type":73,"tag":214,"props":1101,"children":1102},{},[1103],{"type":78,"value":1104},"$2,000",{"type":73,"tag":214,"props":1106,"children":1107},{},[1108],{"type":78,"value":1091},{"type":73,"tag":214,"props":1110,"children":1111},{},[1112],{"type":78,"value":1113},"$40",{"type":73,"tag":214,"props":1115,"children":1116},{},[1117],{"type":78,"value":1118},"$100",{"type":73,"tag":46,"props":1120,"children":1121},{},[1122,1127,1131,1135],{"type":73,"tag":214,"props":1123,"children":1124},{},[1125],{"type":78,"value":1126},"$5,000",{"type":73,"tag":214,"props":1128,"children":1129},{},[1130],{"type":78,"value":1096},{"type":73,"tag":214,"props":1132,"children":1133},{},[1134],{"type":78,"value":1118},{"type":73,"tag":214,"props":1136,"children":1137},{},[1138],{"type":78,"value":1139},"$250",{"type":73,"tag":178,"props":1141,"children":1143},{"id":1142},"step-3-set-rules",[1144],{"type":78,"value":1145},"Step 3: Set Rules",{"type":73,"tag":80,"props":1147,"children":1148},{},[1149],{"type":78,"value":1150},"Before placing any bet, establish:",{"type":73,"tag":1152,"props":1153,"children":1154},"ol",{},[1155,1160,1165,1170],{"type":73,"tag":103,"props":1156,"children":1157},{},[1158],{"type":78,"value":1159},"Maximum single bet (usually 3-5 units)",{"type":73,"tag":103,"props":1161,"children":1162},{},[1163],{"type":78,"value":1164},"Maximum daily exposure (usually 10-20%)",{"type":73,"tag":103,"props":1166,"children":1167},{},[1168],{"type":78,"value":1169},"Stop-loss point (when to take a break)",{"type":73,"tag":103,"props":1171,"children":1172},{},[1173],{"type":78,"value":1174},"Bankroll review frequency (weekly\u002Fmonthly)",{"type":73,"tag":74,"props":1176,"children":1178},{"id":1177},"staking-methods-staking",[1179],{"type":78,"value":1180},"Staking Methods {#staking}",{"type":73,"tag":178,"props":1182,"children":1184},{"id":1183},"flat-staking",[1185],{"type":78,"value":1186},"Flat Staking",{"type":73,"tag":80,"props":1188,"children":1189},{},[1190],{"type":78,"value":1191},"Same amount on every bet regardless of odds or confidence.",{"type":73,"tag":270,"props":1193,"children":1195},{"className":1194},[273],[1196,1227],{"type":73,"tag":270,"props":1197,"children":1199},{"className":1198},[278],[1200],{"type":73,"tag":281,"props":1201,"children":1202},{"xmlns":283},[1203],{"type":73,"tag":286,"props":1204,"children":1205},{},[1206,1222],{"type":73,"tag":290,"props":1207,"children":1208},{},[1209,1213,1217],{"type":73,"tag":294,"props":1210,"children":1211},{},[1212],{"type":78,"value":61},{"type":73,"tag":299,"props":1214,"children":1215},{},[1216],{"type":78,"value":303},{"type":73,"tag":294,"props":1218,"children":1219},{},[1220],{"type":78,"value":1221},"Fixed Amount (e.g., 2% of starting bankroll)",{"type":73,"tag":320,"props":1223,"children":1224},{"encoding":322},[1225],{"type":78,"value":1226},"\\text{Stake} = \\text{Fixed Amount (e.g., 2\\% of starting bankroll)}\n",{"type":73,"tag":270,"props":1228,"children":1230},{"className":1229,"ariaHidden":330},[329],[1231,1261],{"type":73,"tag":270,"props":1232,"children":1234},{"className":1233},[335],[1235,1239,1248,1252,1257],{"type":73,"tag":270,"props":1236,"children":1238},{"className":1237,"style":341},[340],[],{"type":73,"tag":270,"props":1240,"children":1242},{"className":1241},[346,78],[1243],{"type":73,"tag":270,"props":1244,"children":1246},{"className":1245},[346],[1247],{"type":78,"value":61},{"type":73,"tag":270,"props":1249,"children":1251},{"className":1250,"style":357},[356],[],{"type":73,"tag":270,"props":1253,"children":1255},{"className":1254},[362],[1256],{"type":78,"value":303},{"type":73,"tag":270,"props":1258,"children":1260},{"className":1259,"style":357},[356],[],{"type":73,"tag":270,"props":1262,"children":1264},{"className":1263},[335],[1265,1270],{"type":73,"tag":270,"props":1266,"children":1269},{"className":1267,"style":1268},[340],"height:1em;vertical-align:-0.25em;",[],{"type":73,"tag":270,"props":1271,"children":1273},{"className":1272},[346,78],[1274],{"type":73,"tag":270,"props":1275,"children":1277},{"className":1276},[346],[1278],{"type":78,"value":1221},{"type":73,"tag":185,"props":1280,"children":1281},{},[1282,1298],{"type":73,"tag":189,"props":1283,"children":1284},{},[1285],{"type":73,"tag":46,"props":1286,"children":1287},{},[1288,1293],{"type":73,"tag":196,"props":1289,"children":1290},{},[1291],{"type":78,"value":1292},"Pros",{"type":73,"tag":196,"props":1294,"children":1295},{},[1296],{"type":78,"value":1297},"Cons",{"type":73,"tag":207,"props":1299,"children":1300},{},[1301,1314,1327],{"type":73,"tag":46,"props":1302,"children":1303},{},[1304,1309],{"type":73,"tag":214,"props":1305,"children":1306},{},[1307],{"type":78,"value":1308},"Simple",{"type":73,"tag":214,"props":1310,"children":1311},{},[1312],{"type":78,"value":1313},"Doesn't optimize for edge",{"type":73,"tag":46,"props":1315,"children":1316},{},[1317,1322],{"type":73,"tag":214,"props":1318,"children":1319},{},[1320],{"type":78,"value":1321},"Low variance",{"type":73,"tag":214,"props":1323,"children":1324},{},[1325],{"type":78,"value":1326},"Slow growth",{"type":73,"tag":46,"props":1328,"children":1329},{},[1330,1335],{"type":73,"tag":214,"props":1331,"children":1332},{},[1333],{"type":78,"value":1334},"Easy tracking",{"type":73,"tag":214,"props":1336,"children":1337},{},[1338],{"type":78,"value":1339},"Ignores confidence levels",{"type":73,"tag":80,"props":1341,"children":1342},{},[1343,1348],{"type":73,"tag":86,"props":1344,"children":1345},{},[1346],{"type":78,"value":1347},"Best for:",{"type":78,"value":1349}," Beginners, recreational bettors",{"type":73,"tag":178,"props":1351,"children":1353},{"id":1352},"percentage-staking",[1354],{"type":78,"value":1355},"Percentage Staking",{"type":73,"tag":80,"props":1357,"children":1358},{},[1359],{"type":78,"value":1360},"Fixed percentage of current bankroll (adjusts with wins\u002Flosses).",{"type":73,"tag":270,"props":1362,"children":1364},{"className":1363},[273],[1365,1405],{"type":73,"tag":270,"props":1366,"children":1368},{"className":1367},[278],[1369],{"type":73,"tag":281,"props":1370,"children":1371},{"xmlns":283},[1372],{"type":73,"tag":286,"props":1373,"children":1374},{},[1375,1400],{"type":73,"tag":290,"props":1376,"children":1377},{},[1378,1382,1386,1391,1395],{"type":73,"tag":294,"props":1379,"children":1380},{},[1381],{"type":78,"value":61},{"type":73,"tag":299,"props":1383,"children":1384},{},[1385],{"type":78,"value":303},{"type":73,"tag":294,"props":1387,"children":1388},{},[1389],{"type":78,"value":1390},"Current Bankroll",{"type":73,"tag":299,"props":1392,"children":1393},{},[1394],{"type":78,"value":313},{"type":73,"tag":294,"props":1396,"children":1397},{},[1398],{"type":78,"value":1399},"Percentage",{"type":73,"tag":320,"props":1401,"children":1402},{"encoding":322},[1403],{"type":78,"value":1404},"\\text{Stake} = \\text{Current Bankroll} \\times \\text{Percentage}\n",{"type":73,"tag":270,"props":1406,"children":1408},{"className":1407,"ariaHidden":330},[329],[1409,1439,1470],{"type":73,"tag":270,"props":1410,"children":1412},{"className":1411},[335],[1413,1417,1426,1430,1435],{"type":73,"tag":270,"props":1414,"children":1416},{"className":1415,"style":341},[340],[],{"type":73,"tag":270,"props":1418,"children":1420},{"className":1419},[346,78],[1421],{"type":73,"tag":270,"props":1422,"children":1424},{"className":1423},[346],[1425],{"type":78,"value":61},{"type":73,"tag":270,"props":1427,"children":1429},{"className":1428,"style":357},[356],[],{"type":73,"tag":270,"props":1431,"children":1433},{"className":1432},[362],[1434],{"type":78,"value":303},{"type":73,"tag":270,"props":1436,"children":1438},{"className":1437,"style":357},[356],[],{"type":73,"tag":270,"props":1440,"children":1442},{"className":1441},[335],[1443,1448,1457,1461,1466],{"type":73,"tag":270,"props":1444,"children":1447},{"className":1445,"style":1446},[340],"height:0.7778em;vertical-align:-0.0833em;",[],{"type":73,"tag":270,"props":1449,"children":1451},{"className":1450},[346,78],[1452],{"type":73,"tag":270,"props":1453,"children":1455},{"className":1454},[346],[1456],{"type":78,"value":1390},{"type":73,"tag":270,"props":1458,"children":1460},{"className":1459,"style":390},[356],[],{"type":73,"tag":270,"props":1462,"children":1464},{"className":1463},[395],[1465],{"type":78,"value":313},{"type":73,"tag":270,"props":1467,"children":1469},{"className":1468,"style":390},[356],[],{"type":73,"tag":270,"props":1471,"children":1473},{"className":1472},[335],[1474,1479],{"type":73,"tag":270,"props":1475,"children":1478},{"className":1476,"style":1477},[340],"height:0.8778em;vertical-align:-0.1944em;",[],{"type":73,"tag":270,"props":1480,"children":1482},{"className":1481},[346,78],[1483],{"type":73,"tag":270,"props":1484,"children":1486},{"className":1485},[346],[1487],{"type":78,"value":1399},{"type":73,"tag":185,"props":1489,"children":1490},{},[1491,1506],{"type":73,"tag":189,"props":1492,"children":1493},{},[1494],{"type":73,"tag":46,"props":1495,"children":1496},{},[1497,1501],{"type":73,"tag":196,"props":1498,"children":1499},{},[1500],{"type":78,"value":25},{"type":73,"tag":196,"props":1502,"children":1503},{},[1504],{"type":78,"value":1505},"2% Stake",{"type":73,"tag":207,"props":1507,"children":1508},{},[1509,1520,1533],{"type":73,"tag":46,"props":1510,"children":1511},{},[1512,1516],{"type":73,"tag":214,"props":1513,"children":1514},{},[1515],{"type":78,"value":1082},{"type":73,"tag":214,"props":1517,"children":1518},{},[1519],{"type":78,"value":1091},{"type":73,"tag":46,"props":1521,"children":1522},{},[1523,1528],{"type":73,"tag":214,"props":1524,"children":1525},{},[1526],{"type":78,"value":1527},"$1,200 (after wins)",{"type":73,"tag":214,"props":1529,"children":1530},{},[1531],{"type":78,"value":1532},"$24",{"type":73,"tag":46,"props":1534,"children":1535},{},[1536,1541],{"type":73,"tag":214,"props":1537,"children":1538},{},[1539],{"type":78,"value":1540},"$800 (after losses)",{"type":73,"tag":214,"props":1542,"children":1543},{},[1544],{"type":78,"value":1545},"$16",{"type":73,"tag":185,"props":1547,"children":1548},{},[1549,1563],{"type":73,"tag":189,"props":1550,"children":1551},{},[1552],{"type":73,"tag":46,"props":1553,"children":1554},{},[1555,1559],{"type":73,"tag":196,"props":1556,"children":1557},{},[1558],{"type":78,"value":1292},{"type":73,"tag":196,"props":1560,"children":1561},{},[1562],{"type":78,"value":1297},{"type":73,"tag":207,"props":1564,"children":1565},{},[1566,1579,1592],{"type":73,"tag":46,"props":1567,"children":1568},{},[1569,1574],{"type":73,"tag":214,"props":1570,"children":1571},{},[1572],{"type":78,"value":1573},"Automatic adjustment",{"type":73,"tag":214,"props":1575,"children":1576},{},[1577],{"type":78,"value":1578},"Slower recovery after losses",{"type":73,"tag":46,"props":1580,"children":1581},{},[1582,1587],{"type":73,"tag":214,"props":1583,"children":1584},{},[1585],{"type":78,"value":1586},"Protects during downswings",{"type":73,"tag":214,"props":1588,"children":1589},{},[1590],{"type":78,"value":1591},"Requires constant calculation",{"type":73,"tag":46,"props":1593,"children":1594},{},[1595,1600],{"type":73,"tag":214,"props":1596,"children":1597},{},[1598],{"type":78,"value":1599},"Compounds during upswings",{"type":73,"tag":214,"props":1601,"children":1602},{},[],{"type":73,"tag":80,"props":1604,"children":1605},{},[1606,1610],{"type":73,"tag":86,"props":1607,"children":1608},{},[1609],{"type":78,"value":1347},{"type":78,"value":1611}," Intermediate bettors, long-term approach",{"type":73,"tag":178,"props":1613,"children":1615},{"id":1614},"kelly-criterion-staking",[1616],{"type":78,"value":1617},"Kelly Criterion Staking",{"type":73,"tag":80,"props":1619,"children":1620},{},[1621],{"type":78,"value":1622},"Mathematically optimal stake based on edge and odds.",{"type":73,"tag":270,"props":1624,"children":1626},{"className":1625},[273],[1627,1709],{"type":73,"tag":270,"props":1628,"children":1630},{"className":1629},[278],[1631],{"type":73,"tag":281,"props":1632,"children":1633},{"xmlns":283},[1634],{"type":73,"tag":286,"props":1635,"children":1636},{},[1637,1704],{"type":73,"tag":290,"props":1638,"children":1639},{},[1640,1645,1649],{"type":73,"tag":294,"props":1641,"children":1642},{},[1643],{"type":78,"value":1644},"Kelly %",{"type":73,"tag":299,"props":1646,"children":1647},{},[1648],{"type":78,"value":303},{"type":73,"tag":840,"props":1650,"children":1651},{},[1652,1689],{"type":73,"tag":290,"props":1653,"children":1654},{},[1655,1661,1666,1670,1675,1680,1684],{"type":73,"tag":299,"props":1656,"children":1658},{"stretchy":1657},"false",[1659],{"type":78,"value":1660},"(",{"type":73,"tag":1662,"props":1663,"children":1664},"mi",{},[1665],{"type":78,"value":80},{"type":73,"tag":299,"props":1667,"children":1668},{},[1669],{"type":78,"value":313},{"type":73,"tag":294,"props":1671,"children":1672},{},[1673],{"type":78,"value":1674},"odds",{"type":73,"tag":299,"props":1676,"children":1677},{"stretchy":1657},[1678],{"type":78,"value":1679},")",{"type":73,"tag":299,"props":1681,"children":1682},{},[1683],{"type":78,"value":517},{"type":73,"tag":508,"props":1685,"children":1686},{},[1687],{"type":78,"value":1688},"1",{"type":73,"tag":290,"props":1690,"children":1691},{},[1692,1696,1700],{"type":73,"tag":294,"props":1693,"children":1694},{},[1695],{"type":78,"value":1674},{"type":73,"tag":299,"props":1697,"children":1698},{},[1699],{"type":78,"value":517},{"type":73,"tag":508,"props":1701,"children":1702},{},[1703],{"type":78,"value":1688},{"type":73,"tag":320,"props":1705,"children":1706},{"encoding":322},[1707],{"type":78,"value":1708},"\\text{Kelly \\%} = \\frac{(p \\times \\text{odds}) - 1}{\\text{odds} - 1}\n",{"type":73,"tag":270,"props":1710,"children":1712},{"className":1711,"ariaHidden":330},[329],[1713,1744],{"type":73,"tag":270,"props":1714,"children":1716},{"className":1715},[335],[1717,1722,1731,1735,1740],{"type":73,"tag":270,"props":1718,"children":1721},{"className":1719,"style":1720},[340],"height:0.9444em;vertical-align:-0.1944em;",[],{"type":73,"tag":270,"props":1723,"children":1725},{"className":1724},[346,78],[1726],{"type":73,"tag":270,"props":1727,"children":1729},{"className":1728},[346],[1730],{"type":78,"value":1644},{"type":73,"tag":270,"props":1732,"children":1734},{"className":1733,"style":357},[356],[],{"type":73,"tag":270,"props":1736,"children":1738},{"className":1737},[362],[1739],{"type":78,"value":303},{"type":73,"tag":270,"props":1741,"children":1743},{"className":1742,"style":357},[356],[],{"type":73,"tag":270,"props":1745,"children":1747},{"className":1746},[335],[1748,1753],{"type":73,"tag":270,"props":1749,"children":1752},{"className":1750,"style":1751},[340],"height:1.4133em;vertical-align:-0.4033em;",[],{"type":73,"tag":270,"props":1754,"children":1756},{"className":1755},[346],[1757,1761,1896],{"type":73,"tag":270,"props":1758,"children":1760},{"className":1759},[907,908],[],{"type":73,"tag":270,"props":1762,"children":1764},{"className":1763},[840],[1765],{"type":73,"tag":270,"props":1766,"children":1768},{"className":1767},[917,918],[1769,1884],{"type":73,"tag":270,"props":1770,"children":1772},{"className":1771},[923],[1773,1879],{"type":73,"tag":270,"props":1774,"children":1777},{"className":1775,"style":1776},[928],"height:1.01em;",[1778,1812,1823],{"type":73,"tag":270,"props":1779,"children":1780},{"style":933},[1781,1785],{"type":73,"tag":270,"props":1782,"children":1784},{"className":1783,"style":939},[938],[],{"type":73,"tag":270,"props":1786,"children":1788},{"className":1787},[944,945,946,947],[1789],{"type":73,"tag":270,"props":1790,"children":1792},{"className":1791},[346,947],[1793,1802,1807],{"type":73,"tag":270,"props":1794,"children":1796},{"className":1795},[346,78,947],[1797],{"type":73,"tag":270,"props":1798,"children":1800},{"className":1799},[346,947],[1801],{"type":78,"value":1674},{"type":73,"tag":270,"props":1803,"children":1805},{"className":1804},[395,947],[1806],{"type":78,"value":517},{"type":73,"tag":270,"props":1808,"children":1810},{"className":1809},[346,947],[1811],{"type":78,"value":1688},{"type":73,"tag":270,"props":1813,"children":1814},{"style":960},[1815,1819],{"type":73,"tag":270,"props":1816,"children":1818},{"className":1817,"style":939},[938],[],{"type":73,"tag":270,"props":1820,"children":1822},{"className":1821,"style":970},[969],[],{"type":73,"tag":270,"props":1824,"children":1826},{"style":1825},"top:-3.485em;",[1827,1831],{"type":73,"tag":270,"props":1828,"children":1830},{"className":1829,"style":939},[938],[],{"type":73,"tag":270,"props":1832,"children":1834},{"className":1833},[944,945,946,947],[1835],{"type":73,"tag":270,"props":1836,"children":1838},{"className":1837},[346,947],[1839,1844,1850,1855,1864,1869,1874],{"type":73,"tag":270,"props":1840,"children":1842},{"className":1841},[907,947],[1843],{"type":78,"value":1660},{"type":73,"tag":270,"props":1845,"children":1848},{"className":1846},[346,1847,947],"mathnormal",[1849],{"type":78,"value":80},{"type":73,"tag":270,"props":1851,"children":1853},{"className":1852},[395,947],[1854],{"type":78,"value":313},{"type":73,"tag":270,"props":1856,"children":1858},{"className":1857},[346,78,947],[1859],{"type":73,"tag":270,"props":1860,"children":1862},{"className":1861},[346,947],[1863],{"type":78,"value":1674},{"type":73,"tag":270,"props":1865,"children":1867},{"className":1866},[1019,947],[1868],{"type":78,"value":1679},{"type":73,"tag":270,"props":1870,"children":1872},{"className":1871},[395,947],[1873],{"type":78,"value":517},{"type":73,"tag":270,"props":1875,"children":1877},{"className":1876},[346,947],[1878],{"type":78,"value":1688},{"type":73,"tag":270,"props":1880,"children":1882},{"className":1881},[1000],[1883],{"type":78,"value":1003},{"type":73,"tag":270,"props":1885,"children":1887},{"className":1886},[923],[1888],{"type":73,"tag":270,"props":1889,"children":1892},{"className":1890,"style":1891},[928],"height:0.4033em;",[1893],{"type":73,"tag":270,"props":1894,"children":1895},{},[],{"type":73,"tag":270,"props":1897,"children":1899},{"className":1898},[1019,908],[],{"type":73,"tag":80,"props":1901,"children":1902},{},[1903],{"type":78,"value":1904},"Where p = your estimated probability of winning",{"type":73,"tag":185,"props":1906,"children":1907},{},[1908,1929],{"type":73,"tag":189,"props":1909,"children":1910},{},[1911],{"type":73,"tag":46,"props":1912,"children":1913},{},[1914,1919,1924],{"type":73,"tag":196,"props":1915,"children":1916},{},[1917],{"type":78,"value":1918},"Edge",{"type":73,"tag":196,"props":1920,"children":1921},{},[1922],{"type":78,"value":1923},"Odds",{"type":73,"tag":196,"props":1925,"children":1926},{},[1927],{"type":78,"value":1928},"Kelly %",{"type":73,"tag":207,"props":1930,"children":1931},{},[1932,1949,1965],{"type":73,"tag":46,"props":1933,"children":1934},{},[1935,1940,1945],{"type":73,"tag":214,"props":1936,"children":1937},{},[1938],{"type":78,"value":1939},"5%",{"type":73,"tag":214,"props":1941,"children":1942},{},[1943],{"type":78,"value":1944},"2.00",{"type":73,"tag":214,"props":1946,"children":1947},{},[1948],{"type":78,"value":1939},{"type":73,"tag":46,"props":1950,"children":1951},{},[1952,1957,1961],{"type":73,"tag":214,"props":1953,"children":1954},{},[1955],{"type":78,"value":1956},"10%",{"type":73,"tag":214,"props":1958,"children":1959},{},[1960],{"type":78,"value":1944},{"type":73,"tag":214,"props":1962,"children":1963},{},[1964],{"type":78,"value":1956},{"type":73,"tag":46,"props":1966,"children":1967},{},[1968,1972,1977],{"type":73,"tag":214,"props":1969,"children":1970},{},[1971],{"type":78,"value":1939},{"type":73,"tag":214,"props":1973,"children":1974},{},[1975],{"type":78,"value":1976},"3.00",{"type":73,"tag":214,"props":1978,"children":1979},{},[1980],{"type":78,"value":1981},"2.5%",{"type":73,"tag":80,"props":1983,"children":1984},{},[1985,1990],{"type":73,"tag":86,"props":1986,"children":1987},{},[1988],{"type":78,"value":1989},"Professional Approach:",{"type":78,"value":1991}," Use 25-50% of Kelly (Fractional Kelly) to reduce variance.",{"type":73,"tag":185,"props":1993,"children":1994},{},[1995,2009],{"type":73,"tag":189,"props":1996,"children":1997},{},[1998],{"type":73,"tag":46,"props":1999,"children":2000},{},[2001,2005],{"type":73,"tag":196,"props":2002,"children":2003},{},[2004],{"type":78,"value":1292},{"type":73,"tag":196,"props":2006,"children":2007},{},[2008],{"type":78,"value":1297},{"type":73,"tag":207,"props":2010,"children":2011},{},[2012,2025,2038],{"type":73,"tag":46,"props":2013,"children":2014},{},[2015,2020],{"type":73,"tag":214,"props":2016,"children":2017},{},[2018],{"type":78,"value":2019},"Maximizes growth",{"type":73,"tag":214,"props":2021,"children":2022},{},[2023],{"type":78,"value":2024},"Requires accurate edge estimation",{"type":73,"tag":46,"props":2026,"children":2027},{},[2028,2033],{"type":73,"tag":214,"props":2029,"children":2030},{},[2031],{"type":78,"value":2032},"Mathematically optimal",{"type":73,"tag":214,"props":2034,"children":2035},{},[2036],{"type":78,"value":2037},"High variance at full Kelly",{"type":73,"tag":46,"props":2039,"children":2040},{},[2041,2046],{"type":73,"tag":214,"props":2042,"children":2043},{},[2044],{"type":78,"value":2045},"Adjusts for value",{"type":73,"tag":214,"props":2047,"children":2048},{},[2049],{"type":78,"value":2050},"Complex calculation",{"type":73,"tag":80,"props":2052,"children":2053},{},[2054,2058],{"type":73,"tag":86,"props":2055,"children":2056},{},[2057],{"type":78,"value":1347},{"type":78,"value":2059}," Experienced bettors with verified edge",{"type":73,"tag":178,"props":2061,"children":2063},{"id":2062},"confidence-based-staking",[2064],{"type":78,"value":2065},"Confidence-Based Staking",{"type":73,"tag":80,"props":2067,"children":2068},{},[2069],{"type":78,"value":2070},"Variable stakes based on confidence level.",{"type":73,"tag":185,"props":2072,"children":2073},{},[2074,2089],{"type":73,"tag":189,"props":2075,"children":2076},{},[2077],{"type":73,"tag":46,"props":2078,"children":2079},{},[2080,2085],{"type":73,"tag":196,"props":2081,"children":2082},{},[2083],{"type":78,"value":2084},"Confidence",{"type":73,"tag":196,"props":2086,"children":2087},{},[2088],{"type":78,"value":61},{"type":73,"tag":207,"props":2090,"children":2091},{},[2092,2105,2118,2131],{"type":73,"tag":46,"props":2093,"children":2094},{},[2095,2100],{"type":73,"tag":214,"props":2096,"children":2097},{},[2098],{"type":78,"value":2099},"Low",{"type":73,"tag":214,"props":2101,"children":2102},{},[2103],{"type":78,"value":2104},"1 unit",{"type":73,"tag":46,"props":2106,"children":2107},{},[2108,2113],{"type":73,"tag":214,"props":2109,"children":2110},{},[2111],{"type":78,"value":2112},"Medium",{"type":73,"tag":214,"props":2114,"children":2115},{},[2116],{"type":78,"value":2117},"2 units",{"type":73,"tag":46,"props":2119,"children":2120},{},[2121,2126],{"type":73,"tag":214,"props":2122,"children":2123},{},[2124],{"type":78,"value":2125},"High",{"type":73,"tag":214,"props":2127,"children":2128},{},[2129],{"type":78,"value":2130},"3 units",{"type":73,"tag":46,"props":2132,"children":2133},{},[2134,2139],{"type":73,"tag":214,"props":2135,"children":2136},{},[2137],{"type":78,"value":2138},"Very High",{"type":73,"tag":214,"props":2140,"children":2141},{},[2142],{"type":78,"value":2143},"4-5 units",{"type":73,"tag":80,"props":2145,"children":2146},{},[2147,2152],{"type":73,"tag":86,"props":2148,"children":2149},{},[2150],{"type":78,"value":2151},"Warning:",{"type":78,"value":2153}," Only works if your confidence correlates with actual edge.",{"type":73,"tag":74,"props":2155,"children":2157},{"id":2156},"unit-system-explained-units",[2158],{"type":78,"value":2159},"Unit System Explained {#units}",{"type":73,"tag":178,"props":2161,"children":2163},{"id":2162},"why-use-units",[2164],{"type":78,"value":2165},"Why Use Units?",{"type":73,"tag":80,"props":2167,"children":2168},{},[2169],{"type":78,"value":2170},"Units standardize betting results across different bankroll sizes and time periods.",{"type":73,"tag":80,"props":2172,"children":2173},{},[2174,2179],{"type":73,"tag":86,"props":2175,"children":2176},{},[2177],{"type":78,"value":2178},"Example:",{"type":78,"value":2180}," \"I'm up 50 units this month\"",{"type":73,"tag":99,"props":2182,"children":2183},{},[2184,2308,2445],{"type":73,"tag":103,"props":2185,"children":2186},{},[2187,2306],{"type":73,"tag":270,"props":2188,"children":2190},{"className":2189},[273],[2191,2255],{"type":73,"tag":270,"props":2192,"children":2194},{"className":2193},[278],[2195],{"type":73,"tag":281,"props":2196,"children":2197},{"xmlns":283},[2198],{"type":73,"tag":286,"props":2199,"children":2200},{},[2201,2250],{"type":73,"tag":290,"props":2202,"children":2203},{},[2204,2208,2213,2217,2222,2227,2232,2237,2242,2246],{"type":73,"tag":508,"props":2205,"children":2206},{},[2207],{"type":78,"value":547},{"type":73,"tag":1662,"props":2209,"children":2210},{},[2211],{"type":78,"value":2212},"b",{"type":73,"tag":1662,"props":2214,"children":2215},{},[2216],{"type":78,"value":107},{"type":73,"tag":1662,"props":2218,"children":2219},{},[2220],{"type":78,"value":2221},"n",{"type":73,"tag":1662,"props":2223,"children":2224},{},[2225],{"type":78,"value":2226},"k",{"type":73,"tag":1662,"props":2228,"children":2229},{},[2230],{"type":78,"value":2231},"r",{"type":73,"tag":1662,"props":2233,"children":2234},{},[2235],{"type":78,"value":2236},"o",{"type":73,"tag":1662,"props":2238,"children":2239},{},[2240],{"type":78,"value":2241},"l",{"type":73,"tag":1662,"props":2243,"children":2244},{},[2245],{"type":78,"value":2241},{"type":73,"tag":299,"props":2247,"children":2248},{"separator":330},[2249],{"type":78,"value":650},{"type":73,"tag":320,"props":2251,"children":2252},{"encoding":322},[2253],{"type":78,"value":2254},"500 bankroll, ",{"type":73,"tag":270,"props":2256,"children":2258},{"className":2257,"ariaHidden":330},[329],[2259],{"type":73,"tag":270,"props":2260,"children":2262},{"className":2261},[335],[2263,2267,2272,2279,2285,2290,2296,2301],{"type":73,"tag":270,"props":2264,"children":2266},{"className":2265,"style":376},[340],[],{"type":73,"tag":270,"props":2268,"children":2270},{"className":2269},[346],[2271],{"type":78,"value":547},{"type":73,"tag":270,"props":2273,"children":2276},{"className":2274,"style":2275},[346,1847],"margin-right:0.0315em;",[2277],{"type":78,"value":2278},"bank",{"type":73,"tag":270,"props":2280,"children":2283},{"className":2281,"style":2282},[346,1847],"margin-right:0.0278em;",[2284],{"type":78,"value":2231},{"type":73,"tag":270,"props":2286,"children":2288},{"className":2287},[346,1847],[2289],{"type":78,"value":2236},{"type":73,"tag":270,"props":2291,"children":2294},{"className":2292,"style":2293},[346,1847],"margin-right:0.0197em;",[2295],{"type":78,"value":2241},{"type":73,"tag":270,"props":2297,"children":2299},{"className":2298,"style":2293},[346,1847],[2300],{"type":78,"value":2241},{"type":73,"tag":270,"props":2302,"children":2304},{"className":2303},[686],[2305],{"type":78,"value":650},{"type":78,"value":2307},"5 unit → +$250 profit",{"type":73,"tag":103,"props":2309,"children":2310},{},[2311,2443],{"type":73,"tag":270,"props":2312,"children":2314},{"className":2313},[273],[2315,2382],{"type":73,"tag":270,"props":2316,"children":2318},{"className":2317},[278],[2319],{"type":73,"tag":281,"props":2320,"children":2321},{"xmlns":283},[2322],{"type":73,"tag":286,"props":2323,"children":2324},{},[2325,2377],{"type":73,"tag":290,"props":2326,"children":2327},{},[2328,2333,2337,2341,2345,2349,2353,2357,2361,2365,2369,2373],{"type":73,"tag":508,"props":2329,"children":2330},{},[2331],{"type":78,"value":2332},"5",{"type":73,"tag":299,"props":2334,"children":2335},{"separator":330},[2336],{"type":78,"value":650},{"type":73,"tag":508,"props":2338,"children":2339},{},[2340],{"type":78,"value":655},{"type":73,"tag":1662,"props":2342,"children":2343},{},[2344],{"type":78,"value":2212},{"type":73,"tag":1662,"props":2346,"children":2347},{},[2348],{"type":78,"value":107},{"type":73,"tag":1662,"props":2350,"children":2351},{},[2352],{"type":78,"value":2221},{"type":73,"tag":1662,"props":2354,"children":2355},{},[2356],{"type":78,"value":2226},{"type":73,"tag":1662,"props":2358,"children":2359},{},[2360],{"type":78,"value":2231},{"type":73,"tag":1662,"props":2362,"children":2363},{},[2364],{"type":78,"value":2236},{"type":73,"tag":1662,"props":2366,"children":2367},{},[2368],{"type":78,"value":2241},{"type":73,"tag":1662,"props":2370,"children":2371},{},[2372],{"type":78,"value":2241},{"type":73,"tag":299,"props":2374,"children":2375},{"separator":330},[2376],{"type":78,"value":650},{"type":73,"tag":320,"props":2378,"children":2379},{"encoding":322},[2380],{"type":78,"value":2381},"5,000 bankroll, ",{"type":73,"tag":270,"props":2383,"children":2385},{"className":2384,"ariaHidden":330},[329],[2386],{"type":73,"tag":270,"props":2387,"children":2389},{"className":2388},[335],[2390,2394,2399,2404,2408,2413,2418,2423,2428,2433,2438],{"type":73,"tag":270,"props":2391,"children":2393},{"className":2392,"style":376},[340],[],{"type":73,"tag":270,"props":2395,"children":2397},{"className":2396},[346],[2398],{"type":78,"value":2332},{"type":73,"tag":270,"props":2400,"children":2402},{"className":2401},[686],[2403],{"type":78,"value":650},{"type":73,"tag":270,"props":2405,"children":2407},{"className":2406,"style":692},[356],[],{"type":73,"tag":270,"props":2409,"children":2411},{"className":2410},[346],[2412],{"type":78,"value":655},{"type":73,"tag":270,"props":2414,"children":2416},{"className":2415,"style":2275},[346,1847],[2417],{"type":78,"value":2278},{"type":73,"tag":270,"props":2419,"children":2421},{"className":2420,"style":2282},[346,1847],[2422],{"type":78,"value":2231},{"type":73,"tag":270,"props":2424,"children":2426},{"className":2425},[346,1847],[2427],{"type":78,"value":2236},{"type":73,"tag":270,"props":2429,"children":2431},{"className":2430,"style":2293},[346,1847],[2432],{"type":78,"value":2241},{"type":73,"tag":270,"props":2434,"children":2436},{"className":2435,"style":2293},[346,1847],[2437],{"type":78,"value":2241},{"type":73,"tag":270,"props":2439,"children":2441},{"className":2440},[686],[2442],{"type":78,"value":650},{"type":78,"value":2444},"50 unit → +$2,500 profit",{"type":73,"tag":103,"props":2446,"children":2447},{},[2448],{"type":78,"value":2449},"Same skill level, different bankrolls",{"type":73,"tag":178,"props":2451,"children":2453},{"id":2452},"tracking-in-units",[2454],{"type":78,"value":2455},"Tracking in Units",{"type":73,"tag":185,"props":2457,"children":2458},{},[2459,2498],{"type":73,"tag":189,"props":2460,"children":2461},{},[2462],{"type":73,"tag":46,"props":2463,"children":2464},{},[2465,2470,2475,2479,2483,2488,2493],{"type":73,"tag":196,"props":2466,"children":2467},{},[2468],{"type":78,"value":2469},"Date",{"type":73,"tag":196,"props":2471,"children":2472},{},[2473],{"type":78,"value":2474},"Bet",{"type":73,"tag":196,"props":2476,"children":2477},{},[2478],{"type":78,"value":1923},{"type":73,"tag":196,"props":2480,"children":2481},{},[2482],{"type":78,"value":61},{"type":73,"tag":196,"props":2484,"children":2485},{},[2486],{"type":78,"value":2487},"Result",{"type":73,"tag":196,"props":2489,"children":2490},{},[2491],{"type":78,"value":2492},"Units +\u002F-",{"type":73,"tag":196,"props":2494,"children":2495},{},[2496],{"type":78,"value":2497},"Running",{"type":73,"tag":207,"props":2499,"children":2500},{},[2501,2538,2575],{"type":73,"tag":46,"props":2502,"children":2503},{},[2504,2509,2514,2519,2524,2529,2534],{"type":73,"tag":214,"props":2505,"children":2506},{},[2507],{"type":78,"value":2508},"Jan 1",{"type":73,"tag":214,"props":2510,"children":2511},{},[2512],{"type":78,"value":2513},"Liverpool",{"type":73,"tag":214,"props":2515,"children":2516},{},[2517],{"type":78,"value":2518},"1.90",{"type":73,"tag":214,"props":2520,"children":2521},{},[2522],{"type":78,"value":2523},"2u",{"type":73,"tag":214,"props":2525,"children":2526},{},[2527],{"type":78,"value":2528},"Win",{"type":73,"tag":214,"props":2530,"children":2531},{},[2532],{"type":78,"value":2533},"+1.8u",{"type":73,"tag":214,"props":2535,"children":2536},{},[2537],{"type":78,"value":2533},{"type":73,"tag":46,"props":2539,"children":2540},{},[2541,2546,2551,2556,2560,2565,2570],{"type":73,"tag":214,"props":2542,"children":2543},{},[2544],{"type":78,"value":2545},"Jan 2",{"type":73,"tag":214,"props":2547,"children":2548},{},[2549],{"type":78,"value":2550},"Man City",{"type":73,"tag":214,"props":2552,"children":2553},{},[2554],{"type":78,"value":2555},"1.75",{"type":73,"tag":214,"props":2557,"children":2558},{},[2559],{"type":78,"value":2523},{"type":73,"tag":214,"props":2561,"children":2562},{},[2563],{"type":78,"value":2564},"Lose",{"type":73,"tag":214,"props":2566,"children":2567},{},[2568],{"type":78,"value":2569},"-2.0u",{"type":73,"tag":214,"props":2571,"children":2572},{},[2573],{"type":78,"value":2574},"-0.2u",{"type":73,"tag":46,"props":2576,"children":2577},{},[2578,2583,2588,2593,2598,2602,2607],{"type":73,"tag":214,"props":2579,"children":2580},{},[2581],{"type":78,"value":2582},"Jan 3",{"type":73,"tag":214,"props":2584,"children":2585},{},[2586],{"type":78,"value":2587},"Chelsea",{"type":73,"tag":214,"props":2589,"children":2590},{},[2591],{"type":78,"value":2592},"2.10",{"type":73,"tag":214,"props":2594,"children":2595},{},[2596],{"type":78,"value":2597},"1u",{"type":73,"tag":214,"props":2599,"children":2600},{},[2601],{"type":78,"value":2528},{"type":73,"tag":214,"props":2603,"children":2604},{},[2605],{"type":78,"value":2606},"+1.1u",{"type":73,"tag":214,"props":2608,"children":2609},{},[2610],{"type":78,"value":2611},"+0.9u",{"type":73,"tag":178,"props":2613,"children":2615},{"id":2614},"unit-profit-benchmarks",[2616],{"type":78,"value":2617},"Unit Profit Benchmarks",{"type":73,"tag":185,"props":2619,"children":2620},{},[2621,2637],{"type":73,"tag":189,"props":2622,"children":2623},{},[2624],{"type":73,"tag":46,"props":2625,"children":2626},{},[2627,2632],{"type":73,"tag":196,"props":2628,"children":2629},{},[2630],{"type":78,"value":2631},"Monthly Units",{"type":73,"tag":196,"props":2633,"children":2634},{},[2635],{"type":78,"value":2636},"Assessment",{"type":73,"tag":207,"props":2638,"children":2639},{},[2640,2653,2666,2679,2692,2705],{"type":73,"tag":46,"props":2641,"children":2642},{},[2643,2648],{"type":73,"tag":214,"props":2644,"children":2645},{},[2646],{"type":78,"value":2647},"-10 or worse",{"type":73,"tag":214,"props":2649,"children":2650},{},[2651],{"type":78,"value":2652},"Significant losses, review strategy",{"type":73,"tag":46,"props":2654,"children":2655},{},[2656,2661],{"type":73,"tag":214,"props":2657,"children":2658},{},[2659],{"type":78,"value":2660},"-5 to -10",{"type":73,"tag":214,"props":2662,"children":2663},{},[2664],{"type":78,"value":2665},"Below average, variance possible",{"type":73,"tag":46,"props":2667,"children":2668},{},[2669,2674],{"type":73,"tag":214,"props":2670,"children":2671},{},[2672],{"type":78,"value":2673},"-5 to +5",{"type":73,"tag":214,"props":2675,"children":2676},{},[2677],{"type":78,"value":2678},"Breaking even, normal variance",{"type":73,"tag":46,"props":2680,"children":2681},{},[2682,2687],{"type":73,"tag":214,"props":2683,"children":2684},{},[2685],{"type":78,"value":2686},"+5 to +10",{"type":73,"tag":214,"props":2688,"children":2689},{},[2690],{"type":78,"value":2691},"Good month",{"type":73,"tag":46,"props":2693,"children":2694},{},[2695,2700],{"type":73,"tag":214,"props":2696,"children":2697},{},[2698],{"type":78,"value":2699},"+10 to +20",{"type":73,"tag":214,"props":2701,"children":2702},{},[2703],{"type":78,"value":2704},"Excellent month",{"type":73,"tag":46,"props":2706,"children":2707},{},[2708,2713],{"type":73,"tag":214,"props":2709,"children":2710},{},[2711],{"type":78,"value":2712},"+20+",{"type":73,"tag":214,"props":2714,"children":2715},{},[2716],{"type":78,"value":2717},"Exceptional (or lucky)",{"type":73,"tag":74,"props":2719,"children":2721},{"id":2720},"bankroll-growth-mathematics-growth",[2722],{"type":78,"value":2723},"Bankroll Growth Mathematics {#growth}",{"type":73,"tag":178,"props":2725,"children":2727},{"id":2726},"compound-growth-formula",[2728],{"type":78,"value":2729},"Compound Growth Formula",{"type":73,"tag":270,"props":2731,"children":2733},{"className":2732},[273],[2734,2799],{"type":73,"tag":270,"props":2735,"children":2737},{"className":2736},[278],[2738],{"type":73,"tag":281,"props":2739,"children":2740},{"xmlns":283},[2741],{"type":73,"tag":286,"props":2742,"children":2743},{},[2744,2794],{"type":73,"tag":290,"props":2745,"children":2746},{},[2747,2752,2756,2761,2765,2769,2773,2778,2782],{"type":73,"tag":294,"props":2748,"children":2749},{},[2750],{"type":78,"value":2751},"Future Bankroll",{"type":73,"tag":299,"props":2753,"children":2754},{},[2755],{"type":78,"value":303},{"type":73,"tag":294,"props":2757,"children":2758},{},[2759],{"type":78,"value":2760},"Starting Bankroll",{"type":73,"tag":299,"props":2762,"children":2763},{},[2764],{"type":78,"value":313},{"type":73,"tag":299,"props":2766,"children":2767},{"stretchy":1657},[2768],{"type":78,"value":1660},{"type":73,"tag":508,"props":2770,"children":2771},{},[2772],{"type":78,"value":1688},{"type":73,"tag":299,"props":2774,"children":2775},{},[2776],{"type":78,"value":2777},"+",{"type":73,"tag":1662,"props":2779,"children":2780},{},[2781],{"type":78,"value":2231},{"type":73,"tag":2783,"props":2784,"children":2785},"msup",{},[2786,2790],{"type":73,"tag":299,"props":2787,"children":2788},{"stretchy":1657},[2789],{"type":78,"value":1679},{"type":73,"tag":1662,"props":2791,"children":2792},{},[2793],{"type":78,"value":2221},{"type":73,"tag":320,"props":2795,"children":2796},{"encoding":322},[2797],{"type":78,"value":2798},"\\text{Future Bankroll} = \\text{Starting Bankroll} \\times (1 + r)^n\n",{"type":73,"tag":270,"props":2800,"children":2802},{"className":2801,"ariaHidden":330},[329],[2803,2833,2863,2894],{"type":73,"tag":270,"props":2804,"children":2806},{"className":2805},[335],[2807,2811,2820,2824,2829],{"type":73,"tag":270,"props":2808,"children":2810},{"className":2809,"style":341},[340],[],{"type":73,"tag":270,"props":2812,"children":2814},{"className":2813},[346,78],[2815],{"type":73,"tag":270,"props":2816,"children":2818},{"className":2817},[346],[2819],{"type":78,"value":2751},{"type":73,"tag":270,"props":2821,"children":2823},{"className":2822,"style":357},[356],[],{"type":73,"tag":270,"props":2825,"children":2827},{"className":2826},[362],[2828],{"type":78,"value":303},{"type":73,"tag":270,"props":2830,"children":2832},{"className":2831,"style":357},[356],[],{"type":73,"tag":270,"props":2834,"children":2836},{"className":2835},[335],[2837,2841,2850,2854,2859],{"type":73,"tag":270,"props":2838,"children":2840},{"className":2839,"style":376},[340],[],{"type":73,"tag":270,"props":2842,"children":2844},{"className":2843},[346,78],[2845],{"type":73,"tag":270,"props":2846,"children":2848},{"className":2847},[346],[2849],{"type":78,"value":2760},{"type":73,"tag":270,"props":2851,"children":2853},{"className":2852,"style":390},[356],[],{"type":73,"tag":270,"props":2855,"children":2857},{"className":2856},[395],[2858],{"type":78,"value":313},{"type":73,"tag":270,"props":2860,"children":2862},{"className":2861,"style":390},[356],[],{"type":73,"tag":270,"props":2864,"children":2866},{"className":2865},[335],[2867,2871,2876,2881,2885,2890],{"type":73,"tag":270,"props":2868,"children":2870},{"className":2869,"style":1268},[340],[],{"type":73,"tag":270,"props":2872,"children":2874},{"className":2873},[907],[2875],{"type":78,"value":1660},{"type":73,"tag":270,"props":2877,"children":2879},{"className":2878},[346],[2880],{"type":78,"value":1688},{"type":73,"tag":270,"props":2882,"children":2884},{"className":2883,"style":390},[356],[],{"type":73,"tag":270,"props":2886,"children":2888},{"className":2887},[395],[2889],{"type":78,"value":2777},{"type":73,"tag":270,"props":2891,"children":2893},{"className":2892,"style":390},[356],[],{"type":73,"tag":270,"props":2895,"children":2897},{"className":2896},[335],[2898,2902,2907],{"type":73,"tag":270,"props":2899,"children":2901},{"className":2900,"style":1268},[340],[],{"type":73,"tag":270,"props":2903,"children":2905},{"className":2904,"style":2282},[346,1847],[2906],{"type":78,"value":2231},{"type":73,"tag":270,"props":2908,"children":2910},{"className":2909},[1019],[2911,2916],{"type":73,"tag":270,"props":2912,"children":2914},{"className":2913},[1019],[2915],{"type":78,"value":1679},{"type":73,"tag":270,"props":2917,"children":2920},{"className":2918},[2919],"msupsub",[2921],{"type":73,"tag":270,"props":2922,"children":2924},{"className":2923},[917],[2925],{"type":73,"tag":270,"props":2926,"children":2928},{"className":2927},[923],[2929],{"type":73,"tag":270,"props":2930,"children":2933},{"className":2931,"style":2932},[928],"height:0.6644em;",[2934],{"type":73,"tag":270,"props":2935,"children":2937},{"style":2936},"top:-3.063em;margin-right:0.05em;",[2938,2943],{"type":73,"tag":270,"props":2939,"children":2942},{"className":2940,"style":2941},[938],"height:2.7em;",[],{"type":73,"tag":270,"props":2944,"children":2946},{"className":2945},[944,945,946,947],[2947],{"type":73,"tag":270,"props":2948,"children":2950},{"className":2949},[346,1847,947],[2951],{"type":78,"value":2221},{"type":73,"tag":80,"props":2953,"children":2954},{},[2955],{"type":78,"value":2956},"Where r = average return per period, n = number of periods",{"type":73,"tag":178,"props":2958,"children":2960},{"id":2959},"growth-scenarios",[2961],{"type":78,"value":2962},"Growth Scenarios",{"type":73,"tag":80,"props":2964,"children":2965},{},[2966],{"type":73,"tag":86,"props":2967,"children":2968},{},[2969],{"type":78,"value":2970},"Starting Bankroll: $1,000",{"type":73,"tag":185,"props":2972,"children":2973},{},[2974,2995],{"type":73,"tag":189,"props":2975,"children":2976},{},[2977],{"type":73,"tag":46,"props":2978,"children":2979},{},[2980,2985,2990],{"type":73,"tag":196,"props":2981,"children":2982},{},[2983],{"type":78,"value":2984},"Monthly ROI",{"type":73,"tag":196,"props":2986,"children":2987},{},[2988],{"type":78,"value":2989},"After 12 Months",{"type":73,"tag":196,"props":2991,"children":2992},{},[2993],{"type":78,"value":2994},"After 24 Months",{"type":73,"tag":207,"props":2996,"children":2997},{},[2998,3016,3033],{"type":73,"tag":46,"props":2999,"children":3000},{},[3001,3006,3011],{"type":73,"tag":214,"props":3002,"children":3003},{},[3004],{"type":78,"value":3005},"2%",{"type":73,"tag":214,"props":3007,"children":3008},{},[3009],{"type":78,"value":3010},"$1,268",{"type":73,"tag":214,"props":3012,"children":3013},{},[3014],{"type":78,"value":3015},"$1,608",{"type":73,"tag":46,"props":3017,"children":3018},{},[3019,3023,3028],{"type":73,"tag":214,"props":3020,"children":3021},{},[3022],{"type":78,"value":1939},{"type":73,"tag":214,"props":3024,"children":3025},{},[3026],{"type":78,"value":3027},"$1,796",{"type":73,"tag":214,"props":3029,"children":3030},{},[3031],{"type":78,"value":3032},"$3,225",{"type":73,"tag":46,"props":3034,"children":3035},{},[3036,3040,3045],{"type":73,"tag":214,"props":3037,"children":3038},{},[3039],{"type":78,"value":1956},{"type":73,"tag":214,"props":3041,"children":3042},{},[3043],{"type":78,"value":3044},"$3,138",{"type":73,"tag":214,"props":3046,"children":3047},{},[3048],{"type":78,"value":3049},"$9,850",{"type":73,"tag":178,"props":3051,"children":3053},{"id":3052},"realistic-expectations",[3054],{"type":78,"value":3055},"Realistic Expectations",{"type":73,"tag":185,"props":3057,"children":3058},{},[3059,3075],{"type":73,"tag":189,"props":3060,"children":3061},{},[3062],{"type":73,"tag":46,"props":3063,"children":3064},{},[3065,3070],{"type":73,"tag":196,"props":3066,"children":3067},{},[3068],{"type":78,"value":3069},"Bettor Type",{"type":73,"tag":196,"props":3071,"children":3072},{},[3073],{"type":78,"value":3074},"Expected Monthly ROI",{"type":73,"tag":207,"props":3076,"children":3077},{},[3078,3091,3104,3117,3129],{"type":73,"tag":46,"props":3079,"children":3080},{},[3081,3086],{"type":73,"tag":214,"props":3082,"children":3083},{},[3084],{"type":78,"value":3085},"Recreational",{"type":73,"tag":214,"props":3087,"children":3088},{},[3089],{"type":78,"value":3090},"-5% to -10%",{"type":73,"tag":46,"props":3092,"children":3093},{},[3094,3099],{"type":73,"tag":214,"props":3095,"children":3096},{},[3097],{"type":78,"value":3098},"Break-even",{"type":73,"tag":214,"props":3100,"children":3101},{},[3102],{"type":78,"value":3103},"-2% to +2%",{"type":73,"tag":46,"props":3105,"children":3106},{},[3107,3112],{"type":73,"tag":214,"props":3108,"children":3109},{},[3110],{"type":78,"value":3111},"Skilled",{"type":73,"tag":214,"props":3113,"children":3114},{},[3115],{"type":78,"value":3116},"+2% to +5%",{"type":73,"tag":46,"props":3118,"children":3119},{},[3120,3124],{"type":73,"tag":214,"props":3121,"children":3122},{},[3123],{"type":78,"value":801},{"type":73,"tag":214,"props":3125,"children":3126},{},[3127],{"type":78,"value":3128},"+5% to +10%",{"type":73,"tag":46,"props":3130,"children":3131},{},[3132,3137],{"type":73,"tag":214,"props":3133,"children":3134},{},[3135],{"type":78,"value":3136},"Elite",{"type":73,"tag":214,"props":3138,"children":3139},{},[3140],{"type":78,"value":3141},"+10%+",{"type":73,"tag":80,"props":3143,"children":3144},{},[3145,3150],{"type":73,"tag":86,"props":3146,"children":3147},{},[3148],{"type":78,"value":3149},"Note:",{"type":78,"value":3151}," These are on turnover, not bankroll. Actual bankroll growth depends on bet volume.",{"type":73,"tag":74,"props":3153,"children":3155},{"id":3154},"risk-of-ruin-risk-of-ruin",[3156],{"type":78,"value":3157},"Risk of Ruin {#risk-of-ruin}",{"type":73,"tag":178,"props":3159,"children":3161},{"id":3160},"what-is-risk-of-ruin",[3162],{"type":78,"value":3163},"What Is Risk of Ruin?",{"type":73,"tag":80,"props":3165,"children":3166},{},[3167],{"type":78,"value":3168},"The probability of losing your entire bankroll before achieving your target.",{"type":73,"tag":270,"props":3170,"children":3172},{"className":3171},[273],[3173,3253],{"type":73,"tag":270,"props":3174,"children":3176},{"className":3175},[278],[3177],{"type":73,"tag":281,"props":3178,"children":3179},{"xmlns":283},[3180],{"type":73,"tag":286,"props":3181,"children":3182},{},[3183,3248],{"type":73,"tag":290,"props":3184,"children":3185},{},[3186,3191,3196],{"type":73,"tag":294,"props":3187,"children":3188},{},[3189],{"type":78,"value":3190},"Risk of Ruin",{"type":73,"tag":299,"props":3192,"children":3193},{},[3194],{"type":78,"value":3195},"≈",{"type":73,"tag":2783,"props":3197,"children":3198},{},[3199,3243],{"type":73,"tag":290,"props":3200,"children":3201},{},[3202,3206,3239],{"type":73,"tag":299,"props":3203,"children":3204},{"fence":330},[3205],{"type":78,"value":1660},{"type":73,"tag":840,"props":3207,"children":3208},{},[3209,3224],{"type":73,"tag":290,"props":3210,"children":3211},{},[3212,3216,3220],{"type":73,"tag":508,"props":3213,"children":3214},{},[3215],{"type":78,"value":1688},{"type":73,"tag":299,"props":3217,"children":3218},{},[3219],{"type":78,"value":517},{"type":73,"tag":294,"props":3221,"children":3222},{},[3223],{"type":78,"value":1918},{"type":73,"tag":290,"props":3225,"children":3226},{},[3227,3231,3235],{"type":73,"tag":508,"props":3228,"children":3229},{},[3230],{"type":78,"value":1688},{"type":73,"tag":299,"props":3232,"children":3233},{},[3234],{"type":78,"value":2777},{"type":73,"tag":294,"props":3236,"children":3237},{},[3238],{"type":78,"value":1918},{"type":73,"tag":299,"props":3240,"children":3241},{"fence":330},[3242],{"type":78,"value":1679},{"type":73,"tag":294,"props":3244,"children":3245},{},[3246],{"type":78,"value":3247},"Bankroll in Units",{"type":73,"tag":320,"props":3249,"children":3250},{"encoding":322},[3251],{"type":78,"value":3252},"\\text{Risk of Ruin} \\approx \\left(\\frac{1 - \\text{Edge}}{1 + \\text{Edge}}\\right)^{\\text{Bankroll in Units}}\n",{"type":73,"tag":270,"props":3254,"children":3256},{"className":3255,"ariaHidden":330},[329],[3257,3287],{"type":73,"tag":270,"props":3258,"children":3260},{"className":3259},[335],[3261,3265,3274,3278,3283],{"type":73,"tag":270,"props":3262,"children":3264},{"className":3263,"style":341},[340],[],{"type":73,"tag":270,"props":3266,"children":3268},{"className":3267},[346,78],[3269],{"type":73,"tag":270,"props":3270,"children":3272},{"className":3271},[346],[3273],{"type":78,"value":3190},{"type":73,"tag":270,"props":3275,"children":3277},{"className":3276,"style":357},[356],[],{"type":73,"tag":270,"props":3279,"children":3281},{"className":3280},[362],[3282],{"type":78,"value":3195},{"type":73,"tag":270,"props":3284,"children":3286},{"className":3285,"style":357},[356],[],{"type":73,"tag":270,"props":3288,"children":3290},{"className":3289},[335],[3291,3296],{"type":73,"tag":270,"props":3292,"children":3295},{"className":3293,"style":3294},[340],"height:2.039em;vertical-align:-0.65em;",[],{"type":73,"tag":270,"props":3297,"children":3300},{"className":3298},[3299],"minner",[3301,3453],{"type":73,"tag":270,"props":3302,"children":3304},{"className":3303},[3299],[3305,3318,3444],{"type":73,"tag":270,"props":3306,"children":3310},{"className":3307,"style":3309},[907,3308],"delimcenter","top:0em;",[3311],{"type":73,"tag":270,"props":3312,"children":3316},{"className":3313},[3314,3315],"delimsizing","size2",[3317],{"type":78,"value":1660},{"type":73,"tag":270,"props":3319,"children":3321},{"className":3320},[346],[3322,3326,3440],{"type":73,"tag":270,"props":3323,"children":3325},{"className":3324},[907,908],[],{"type":73,"tag":270,"props":3327,"children":3329},{"className":3328},[840],[3330],{"type":73,"tag":270,"props":3331,"children":3333},{"className":3332},[917,918],[3334,3428],{"type":73,"tag":270,"props":3335,"children":3337},{"className":3336},[923],[3338,3423],{"type":73,"tag":270,"props":3339,"children":3342},{"className":3340,"style":3341},[928],"height:0.9322em;",[3343,3377,3388],{"type":73,"tag":270,"props":3344,"children":3345},{"style":933},[3346,3350],{"type":73,"tag":270,"props":3347,"children":3349},{"className":3348,"style":939},[938],[],{"type":73,"tag":270,"props":3351,"children":3353},{"className":3352},[944,945,946,947],[3354],{"type":73,"tag":270,"props":3355,"children":3357},{"className":3356},[346,947],[3358,3363,3368],{"type":73,"tag":270,"props":3359,"children":3361},{"className":3360},[346,947],[3362],{"type":78,"value":1688},{"type":73,"tag":270,"props":3364,"children":3366},{"className":3365},[395,947],[3367],{"type":78,"value":2777},{"type":73,"tag":270,"props":3369,"children":3371},{"className":3370},[346,78,947],[3372],{"type":73,"tag":270,"props":3373,"children":3375},{"className":3374},[346,947],[3376],{"type":78,"value":1918},{"type":73,"tag":270,"props":3378,"children":3379},{"style":960},[3380,3384],{"type":73,"tag":270,"props":3381,"children":3383},{"className":3382,"style":939},[938],[],{"type":73,"tag":270,"props":3385,"children":3387},{"className":3386,"style":970},[969],[],{"type":73,"tag":270,"props":3389,"children":3391},{"style":3390},"top:-3.4461em;",[3392,3396],{"type":73,"tag":270,"props":3393,"children":3395},{"className":3394,"style":939},[938],[],{"type":73,"tag":270,"props":3397,"children":3399},{"className":3398},[944,945,946,947],[3400],{"type":73,"tag":270,"props":3401,"children":3403},{"className":3402},[346,947],[3404,3409,3414],{"type":73,"tag":270,"props":3405,"children":3407},{"className":3406},[346,947],[3408],{"type":78,"value":1688},{"type":73,"tag":270,"props":3410,"children":3412},{"className":3411},[395,947],[3413],{"type":78,"value":517},{"type":73,"tag":270,"props":3415,"children":3417},{"className":3416},[346,78,947],[3418],{"type":73,"tag":270,"props":3419,"children":3421},{"className":3420},[346,947],[3422],{"type":78,"value":1918},{"type":73,"tag":270,"props":3424,"children":3426},{"className":3425},[1000],[3427],{"type":78,"value":1003},{"type":73,"tag":270,"props":3429,"children":3431},{"className":3430},[923],[3432],{"type":73,"tag":270,"props":3433,"children":3436},{"className":3434,"style":3435},[928],"height:0.4811em;",[3437],{"type":73,"tag":270,"props":3438,"children":3439},{},[],{"type":73,"tag":270,"props":3441,"children":3443},{"className":3442},[1019,908],[],{"type":73,"tag":270,"props":3445,"children":3447},{"className":3446,"style":3309},[1019,3308],[3448],{"type":73,"tag":270,"props":3449,"children":3451},{"className":3450},[3314,3315],[3452],{"type":78,"value":1679},{"type":73,"tag":270,"props":3454,"children":3456},{"className":3455},[2919],[3457],{"type":73,"tag":270,"props":3458,"children":3460},{"className":3459},[917],[3461],{"type":73,"tag":270,"props":3462,"children":3464},{"className":3463},[923],[3465],{"type":73,"tag":270,"props":3466,"children":3469},{"className":3467,"style":3468},[928],"height:1.389em;",[3470],{"type":73,"tag":270,"props":3471,"children":3473},{"style":3472},"top:-3.6029em;margin-right:0.05em;",[3474,3478],{"type":73,"tag":270,"props":3475,"children":3477},{"className":3476,"style":2941},[938],[],{"type":73,"tag":270,"props":3479,"children":3481},{"className":3480},[944,945,946,947],[3482],{"type":73,"tag":270,"props":3483,"children":3485},{"className":3484},[346,947],[3486],{"type":73,"tag":270,"props":3487,"children":3489},{"className":3488},[346,78,947],[3490],{"type":73,"tag":270,"props":3491,"children":3493},{"className":3492},[346,947],[3494],{"type":78,"value":3247},{"type":73,"tag":178,"props":3496,"children":3498},{"id":3497},"risk-of-ruin-by-stake-size",[3499],{"type":78,"value":3500},"Risk of Ruin by Stake Size",{"type":73,"tag":185,"props":3502,"children":3503},{},[3504,3525],{"type":73,"tag":189,"props":3505,"children":3506},{},[3507],{"type":73,"tag":46,"props":3508,"children":3509},{},[3510,3515,3520],{"type":73,"tag":196,"props":3511,"children":3512},{},[3513],{"type":78,"value":3514},"Unit Size",{"type":73,"tag":196,"props":3516,"children":3517},{},[3518],{"type":78,"value":3519},"100-Unit Bankroll",{"type":73,"tag":196,"props":3521,"children":3522},{},[3523],{"type":78,"value":3524},"Risk Assessment",{"type":73,"tag":207,"props":3526,"children":3527},{},[3528,3546,3563,3580,3597],{"type":73,"tag":46,"props":3529,"children":3530},{},[3531,3536,3541],{"type":73,"tag":214,"props":3532,"children":3533},{},[3534],{"type":78,"value":3535},"1%",{"type":73,"tag":214,"props":3537,"children":3538},{},[3539],{"type":78,"value":3540},"\u003C0.01%",{"type":73,"tag":214,"props":3542,"children":3543},{},[3544],{"type":78,"value":3545},"Very safe",{"type":73,"tag":46,"props":3547,"children":3548},{},[3549,3553,3558],{"type":73,"tag":214,"props":3550,"children":3551},{},[3552],{"type":78,"value":3005},{"type":73,"tag":214,"props":3554,"children":3555},{},[3556],{"type":78,"value":3557},"~0.1%",{"type":73,"tag":214,"props":3559,"children":3560},{},[3561],{"type":78,"value":3562},"Safe",{"type":73,"tag":46,"props":3564,"children":3565},{},[3566,3570,3575],{"type":73,"tag":214,"props":3567,"children":3568},{},[3569],{"type":78,"value":1939},{"type":73,"tag":214,"props":3571,"children":3572},{},[3573],{"type":78,"value":3574},"~5%",{"type":73,"tag":214,"props":3576,"children":3577},{},[3578],{"type":78,"value":3579},"Moderate risk",{"type":73,"tag":46,"props":3581,"children":3582},{},[3583,3587,3592],{"type":73,"tag":214,"props":3584,"children":3585},{},[3586],{"type":78,"value":1956},{"type":73,"tag":214,"props":3588,"children":3589},{},[3590],{"type":78,"value":3591},"~20%",{"type":73,"tag":214,"props":3593,"children":3594},{},[3595],{"type":78,"value":3596},"High risk",{"type":73,"tag":46,"props":3598,"children":3599},{},[3600,3605,3610],{"type":73,"tag":214,"props":3601,"children":3602},{},[3603],{"type":78,"value":3604},"20%",{"type":73,"tag":214,"props":3606,"children":3607},{},[3608],{"type":78,"value":3609},"~50%",{"type":73,"tag":214,"props":3611,"children":3612},{},[3613],{"type":78,"value":3614},"Very high risk",{"type":73,"tag":178,"props":3616,"children":3618},{"id":3617},"reducing-risk-of-ruin",[3619],{"type":78,"value":3620},"Reducing Risk of Ruin",{"type":73,"tag":80,"props":3622,"children":3623},{},[3624,3626,3632],{"type":78,"value":3625},"Your bankroll size directly impacts your ",{"type":73,"tag":107,"props":3627,"children":3629},{"href":3628},"\u002Fblog\u002Frisk-of-ruin-calculator",[3630],{"type":78,"value":3631},"risk of ruin",{"type":78,"value":3633},"—larger bankrolls dramatically reduce bust probability.",{"type":73,"tag":1152,"props":3635,"children":3636},{},[3637,3647,3657,3667],{"type":73,"tag":103,"props":3638,"children":3639},{},[3640,3645],{"type":73,"tag":86,"props":3641,"children":3642},{},[3643],{"type":78,"value":3644},"Smaller stakes",{"type":78,"value":3646}," - Most effective",{"type":73,"tag":103,"props":3648,"children":3649},{},[3650,3655],{"type":73,"tag":86,"props":3651,"children":3652},{},[3653],{"type":78,"value":3654},"Larger bankroll",{"type":78,"value":3656}," - More cushion",{"type":73,"tag":103,"props":3658,"children":3659},{},[3660,3665],{"type":73,"tag":86,"props":3661,"children":3662},{},[3663],{"type":78,"value":3664},"Positive edge",{"type":78,"value":3666}," - Mathematical advantage",{"type":73,"tag":103,"props":3668,"children":3669},{},[3670,3675],{"type":73,"tag":86,"props":3671,"children":3672},{},[3673],{"type":78,"value":3674},"Lower variance bets",{"type":78,"value":3676}," - Avoid longshots",{"type":73,"tag":74,"props":3678,"children":3680},{"id":3679},"common-mistakes-mistakes",[3681],{"type":78,"value":3682},"Common Mistakes {#mistakes}",{"type":73,"tag":178,"props":3684,"children":3686},{"id":3685},"mistake-1-betting-scared-money",[3687],{"type":78,"value":3688},"Mistake 1: Betting Scared Money",{"type":73,"tag":80,"props":3690,"children":3691},{},[3692,3697,3699,3704,3706,3711],{"type":73,"tag":86,"props":3693,"children":3694},{},[3695],{"type":78,"value":3696},"Problem:",{"type":78,"value":3698}," Using money you can't afford to lose\n",{"type":73,"tag":86,"props":3700,"children":3701},{},[3702],{"type":78,"value":3703},"Result:",{"type":78,"value":3705}," Emotional decisions, chasing losses, poor judgment\n",{"type":73,"tag":86,"props":3707,"children":3708},{},[3709],{"type":78,"value":3710},"Solution:",{"type":78,"value":3712}," Only use truly disposable income",{"type":73,"tag":178,"props":3714,"children":3716},{"id":3715},"mistake-2-no-defined-units",[3717],{"type":78,"value":3718},"Mistake 2: No Defined Units",{"type":73,"tag":80,"props":3720,"children":3721},{},[3722,3726,3728,3732,3734,3738],{"type":73,"tag":86,"props":3723,"children":3724},{},[3725],{"type":78,"value":3696},{"type":78,"value":3727}," Random bet sizes based on feeling\n",{"type":73,"tag":86,"props":3729,"children":3730},{},[3731],{"type":78,"value":3703},{"type":78,"value":3733}," Oversized bets on wrong picks, undersized on good value\n",{"type":73,"tag":86,"props":3735,"children":3736},{},[3737],{"type":78,"value":3710},{"type":78,"value":3739}," Set and follow unit rules strictly",{"type":73,"tag":178,"props":3741,"children":3743},{"id":3742},"mistake-3-chasing-losses",[3744],{"type":78,"value":3745},"Mistake 3: Chasing Losses",{"type":73,"tag":80,"props":3747,"children":3748},{},[3749,3753,3755,3759],{"type":73,"tag":86,"props":3750,"children":3751},{},[3752],{"type":78,"value":3696},{"type":78,"value":3754}," Increasing stakes to recover losses quickly\n",{"type":73,"tag":86,"props":3756,"children":3757},{},[3758],{"type":78,"value":3703},{"type":78,"value":3760}," Accelerated bankroll depletion",{"type":73,"tag":270,"props":3762,"children":3764},{"className":3763},[273],[3765,3815],{"type":73,"tag":270,"props":3766,"children":3768},{"className":3767},[278],[3769],{"type":73,"tag":281,"props":3770,"children":3771},{"xmlns":283},[3772],{"type":73,"tag":286,"props":3773,"children":3774},{},[3775,3810],{"type":73,"tag":290,"props":3776,"children":3777},{},[3778,3783,3787],{"type":73,"tag":294,"props":3779,"children":3780},{},[3781],{"type":78,"value":3782},"Recovery Needed",{"type":73,"tag":299,"props":3784,"children":3785},{},[3786],{"type":78,"value":303},{"type":73,"tag":840,"props":3788,"children":3789},{},[3790,3795],{"type":73,"tag":294,"props":3791,"children":3792},{},[3793],{"type":78,"value":3794},"Loss %",{"type":73,"tag":290,"props":3796,"children":3797},{},[3798,3802,3806],{"type":73,"tag":508,"props":3799,"children":3800},{},[3801],{"type":78,"value":1688},{"type":73,"tag":299,"props":3803,"children":3804},{},[3805],{"type":78,"value":517},{"type":73,"tag":294,"props":3807,"children":3808},{},[3809],{"type":78,"value":3794},{"type":73,"tag":320,"props":3811,"children":3812},{"encoding":322},[3813],{"type":78,"value":3814},"\\text{Recovery Needed} = \\frac{\\text{Loss \\%}}{1 - \\text{Loss \\%}}\n",{"type":73,"tag":270,"props":3816,"children":3818},{"className":3817,"ariaHidden":330},[329],[3819,3849],{"type":73,"tag":270,"props":3820,"children":3822},{"className":3821},[335],[3823,3827,3836,3840,3845],{"type":73,"tag":270,"props":3824,"children":3826},{"className":3825,"style":376},[340],[],{"type":73,"tag":270,"props":3828,"children":3830},{"className":3829},[346,78],[3831],{"type":73,"tag":270,"props":3832,"children":3834},{"className":3833},[346],[3835],{"type":78,"value":3782},{"type":73,"tag":270,"props":3837,"children":3839},{"className":3838,"style":357},[356],[],{"type":73,"tag":270,"props":3841,"children":3843},{"className":3842},[362],[3844],{"type":78,"value":303},{"type":73,"tag":270,"props":3846,"children":3848},{"className":3847,"style":357},[356],[],{"type":73,"tag":270,"props":3850,"children":3852},{"className":3851},[335],[3853,3858],{"type":73,"tag":270,"props":3854,"children":3857},{"className":3855,"style":3856},[340],"height:1.3223em;vertical-align:-0.4033em;",[],{"type":73,"tag":270,"props":3859,"children":3861},{"className":3860},[346],[3862,3866,3968],{"type":73,"tag":270,"props":3863,"children":3865},{"className":3864},[907,908],[],{"type":73,"tag":270,"props":3867,"children":3869},{"className":3868},[840],[3870],{"type":73,"tag":270,"props":3871,"children":3873},{"className":3872},[917,918],[3874,3957],{"type":73,"tag":270,"props":3875,"children":3877},{"className":3876},[923],[3878,3952],{"type":73,"tag":270,"props":3879,"children":3882},{"className":3880,"style":3881},[928],"height:0.919em;",[3883,3917,3928],{"type":73,"tag":270,"props":3884,"children":3885},{"style":933},[3886,3890],{"type":73,"tag":270,"props":3887,"children":3889},{"className":3888,"style":939},[938],[],{"type":73,"tag":270,"props":3891,"children":3893},{"className":3892},[944,945,946,947],[3894],{"type":73,"tag":270,"props":3895,"children":3897},{"className":3896},[346,947],[3898,3903,3908],{"type":73,"tag":270,"props":3899,"children":3901},{"className":3900},[346,947],[3902],{"type":78,"value":1688},{"type":73,"tag":270,"props":3904,"children":3906},{"className":3905},[395,947],[3907],{"type":78,"value":517},{"type":73,"tag":270,"props":3909,"children":3911},{"className":3910},[346,78,947],[3912],{"type":73,"tag":270,"props":3913,"children":3915},{"className":3914},[346,947],[3916],{"type":78,"value":3794},{"type":73,"tag":270,"props":3918,"children":3919},{"style":960},[3920,3924],{"type":73,"tag":270,"props":3921,"children":3923},{"className":3922,"style":939},[938],[],{"type":73,"tag":270,"props":3925,"children":3927},{"className":3926,"style":970},[969],[],{"type":73,"tag":270,"props":3929,"children":3930},{"style":974},[3931,3935],{"type":73,"tag":270,"props":3932,"children":3934},{"className":3933,"style":939},[938],[],{"type":73,"tag":270,"props":3936,"children":3938},{"className":3937},[944,945,946,947],[3939],{"type":73,"tag":270,"props":3940,"children":3942},{"className":3941},[346,947],[3943],{"type":73,"tag":270,"props":3944,"children":3946},{"className":3945},[346,78,947],[3947],{"type":73,"tag":270,"props":3948,"children":3950},{"className":3949},[346,947],[3951],{"type":78,"value":3794},{"type":73,"tag":270,"props":3953,"children":3955},{"className":3954},[1000],[3956],{"type":78,"value":1003},{"type":73,"tag":270,"props":3958,"children":3960},{"className":3959},[923],[3961],{"type":73,"tag":270,"props":3962,"children":3964},{"className":3963,"style":1891},[928],[3965],{"type":73,"tag":270,"props":3966,"children":3967},{},[],{"type":73,"tag":270,"props":3969,"children":3971},{"className":3970},[1019,908],[],{"type":73,"tag":185,"props":3973,"children":3974},{},[3975,3991],{"type":73,"tag":189,"props":3976,"children":3977},{},[3978],{"type":73,"tag":46,"props":3979,"children":3980},{},[3981,3986],{"type":73,"tag":196,"props":3982,"children":3983},{},[3984],{"type":78,"value":3985},"Loss",{"type":73,"tag":196,"props":3987,"children":3988},{},[3989],{"type":78,"value":3990},"Required Gain to Recover",{"type":73,"tag":207,"props":3992,"children":3993},{},[3994,4006,4019,4032],{"type":73,"tag":46,"props":3995,"children":3996},{},[3997,4001],{"type":73,"tag":214,"props":3998,"children":3999},{},[4000],{"type":78,"value":1956},{"type":73,"tag":214,"props":4002,"children":4003},{},[4004],{"type":78,"value":4005},"11%",{"type":73,"tag":46,"props":4007,"children":4008},{},[4009,4014],{"type":73,"tag":214,"props":4010,"children":4011},{},[4012],{"type":78,"value":4013},"25%",{"type":73,"tag":214,"props":4015,"children":4016},{},[4017],{"type":78,"value":4018},"33%",{"type":73,"tag":46,"props":4020,"children":4021},{},[4022,4027],{"type":73,"tag":214,"props":4023,"children":4024},{},[4025],{"type":78,"value":4026},"50%",{"type":73,"tag":214,"props":4028,"children":4029},{},[4030],{"type":78,"value":4031},"100%",{"type":73,"tag":46,"props":4033,"children":4034},{},[4035,4040],{"type":73,"tag":214,"props":4036,"children":4037},{},[4038],{"type":78,"value":4039},"75%",{"type":73,"tag":214,"props":4041,"children":4042},{},[4043],{"type":78,"value":4044},"300%",{"type":73,"tag":80,"props":4046,"children":4047},{},[4048,4052],{"type":73,"tag":86,"props":4049,"children":4050},{},[4051],{"type":78,"value":3710},{"type":78,"value":4053}," Stick to unit size, accept variance",{"type":73,"tag":178,"props":4055,"children":4057},{"id":4056},"mistake-4-ignoring-variance",[4058],{"type":78,"value":4059},"Mistake 4: Ignoring Variance",{"type":73,"tag":80,"props":4061,"children":4062},{},[4063,4067,4069,4073],{"type":73,"tag":86,"props":4064,"children":4065},{},[4066],{"type":78,"value":3696},{"type":78,"value":4068}," Expecting linear growth\n",{"type":73,"tag":86,"props":4070,"children":4071},{},[4072],{"type":78,"value":3703},{"type":78,"value":4074}," Panic during normal downswings",{"type":73,"tag":80,"props":4076,"children":4077},{},[4078,4083],{"type":73,"tag":86,"props":4079,"children":4080},{},[4081],{"type":78,"value":4082},"Reality:",{"type":78,"value":4084}," Even +5% edge bettors regularly experience:",{"type":73,"tag":99,"props":4086,"children":4087},{},[4088,4093,4098],{"type":73,"tag":103,"props":4089,"children":4090},{},[4091],{"type":78,"value":4092},"20-30 unit downswings",{"type":73,"tag":103,"props":4094,"children":4095},{},[4096],{"type":78,"value":4097},"Multiple losing weeks",{"type":73,"tag":103,"props":4099,"children":4100},{},[4101],{"type":78,"value":4102},"Months below expectation",{"type":73,"tag":80,"props":4104,"children":4105},{},[4106,4110],{"type":73,"tag":86,"props":4107,"children":4108},{},[4109],{"type":78,"value":3710},{"type":78,"value":4111}," Size bankroll for expected variance",{"type":73,"tag":178,"props":4113,"children":4115},{"id":4114},"mistake-5-not-tracking",[4116],{"type":78,"value":4117},"Mistake 5: Not Tracking",{"type":73,"tag":80,"props":4119,"children":4120},{},[4121,4125,4127,4131,4133,4137],{"type":73,"tag":86,"props":4122,"children":4123},{},[4124],{"type":78,"value":3696},{"type":78,"value":4126}," No records of bets, results, ROI\n",{"type":73,"tag":86,"props":4128,"children":4129},{},[4130],{"type":78,"value":3703},{"type":78,"value":4132}," No data to improve, no idea if profitable\n",{"type":73,"tag":86,"props":4134,"children":4135},{},[4136],{"type":78,"value":3710},{"type":78,"value":4138}," Track every bet in spreadsheet or app",{"type":73,"tag":74,"props":4140,"children":4142},{"id":4141},"bankroll-management-calculator",[4143],{"type":78,"value":4144},"Bankroll Management Calculator",{"type":73,"tag":80,"props":4146,"children":4147},{},[4148],{"type":78,"value":4149},"Plan your betting strategy:",{"type":73,"tag":185,"props":4151,"children":4152},{},[4153,4169],{"type":73,"tag":189,"props":4154,"children":4155},{},[4156],{"type":73,"tag":46,"props":4157,"children":4158},{},[4159,4164],{"type":73,"tag":196,"props":4160,"children":4161},{},[4162],{"type":78,"value":4163},"Input",{"type":73,"tag":196,"props":4165,"children":4166},{},[4167],{"type":78,"value":4168},"Your Value",{"type":73,"tag":207,"props":4170,"children":4171},{},[4172,4185,4198,4210,4223],{"type":73,"tag":46,"props":4173,"children":4174},{},[4175,4180],{"type":73,"tag":214,"props":4176,"children":4177},{},[4178],{"type":78,"value":4179},"Total Bankroll",{"type":73,"tag":214,"props":4181,"children":4182},{},[4183],{"type":78,"value":4184},"$_____",{"type":73,"tag":46,"props":4186,"children":4187},{},[4188,4193],{"type":73,"tag":214,"props":4189,"children":4190},{},[4191],{"type":78,"value":4192},"Unit Size (%)",{"type":73,"tag":214,"props":4194,"children":4195},{},[4196],{"type":78,"value":4197},"___%",{"type":73,"tag":46,"props":4199,"children":4200},{},[4201,4206],{"type":73,"tag":214,"props":4202,"children":4203},{},[4204],{"type":78,"value":4205},"One Unit",{"type":73,"tag":214,"props":4207,"children":4208},{},[4209],{"type":78,"value":4184},{"type":73,"tag":46,"props":4211,"children":4212},{},[4213,4218],{"type":73,"tag":214,"props":4214,"children":4215},{},[4216],{"type":78,"value":4217},"Max Single Bet",{"type":73,"tag":214,"props":4219,"children":4220},{},[4221],{"type":78,"value":4222},"___u",{"type":73,"tag":46,"props":4224,"children":4225},{},[4226,4231],{"type":73,"tag":214,"props":4227,"children":4228},{},[4229],{"type":78,"value":4230},"Daily Limit",{"type":73,"tag":214,"props":4232,"children":4233},{},[4234],{"type":78,"value":4222},{"type":73,"tag":74,"props":4236,"children":4238},{"id":4237},"related-calculators",[4239],{"type":78,"value":4240},"Related Calculators",{"type":73,"tag":80,"props":4242,"children":4243},{},[4244],{"type":78,"value":4245},"Build your bankroll strategy:",{"type":73,"tag":99,"props":4247,"children":4248},{},[4249,4258,4268],{"type":73,"tag":103,"props":4250,"children":4251},{},[4252,4256],{"type":73,"tag":107,"props":4253,"children":4254},{"href":23},[4255],{"type":78,"value":4144},{"type":78,"value":4257}," - Plan your approach",{"type":73,"tag":103,"props":4259,"children":4260},{},[4261,4266],{"type":73,"tag":107,"props":4262,"children":4263},{"href":24},[4264],{"type":78,"value":4265},"Kelly Criterion Calculator",{"type":78,"value":4267}," - Optimal stake sizing",{"type":73,"tag":103,"props":4269,"children":4270},{},[4271,4276],{"type":73,"tag":107,"props":4272,"children":4273},{"href":23},[4274],{"type":78,"value":4275},"Bankroll Growth Calculator",{"type":78,"value":4277}," - Project future growth"]