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TLT SPORTS BETTING SCHOOL
BANKROLL MANAGEMENT 101 -USING A STOP LOSS METHOD!

Prior Bank Roll Mgmt. Lesson Emails:
- Part I - What is Bankroll Mgmt.?
- Part II - What is a Unit?
- Part III - Different Betting Styles
- Part IV - Dealing with W’s & L’s
- Part V - Record Keeping
- Part VI - Emotions in Check
- Part VII - Grow Your Bankroll

Keep track of your bets & get better at our lesson from above by clicking the link HERE 

• Set Clear Stop-Loss Limits:

  • Determine a fixed percentage of your bankroll that you're willing to lose within a specific period (daily, weekly, or monthly). For example, if your bankroll is $2,000, a 10% monthly stop-loss limit means you should stop betting if you lose $200 in that month.

• Prevent Chasing Losses:

  • By adhering to a stop-loss limit, you avoid the common pitfall of trying to win back what you've lost through larger, riskier bets. This discipline helps protect your bankroll during downswings.

• Customize According to Your Risk Tolerance:

  • Your stop-loss percentage should reflect your personal risk tolerance. Some bettors might choose a tighter limit (e.g., 5%) for added safety, while others may opt for a more aggressive limit (e.g., 15%).

• Facilitate Bankroll Preservation:

  • The primary goal of a stop-loss strategy is to preserve your bankroll for future betting opportunities. This approach ensures that you remain in the game and can capitalize on profitable situations when they arise.

• Encourage Regular Review and Adjustment:

  • Regularly review your betting outcomes and stop-loss effectiveness. If you find yourself hitting your stop-loss limits too frequently, it may be time to reassess your betting strategy or adjust your stop-loss percentage.

Implementing these points into your betting strategy can lead to more disciplined bankroll management, helping you navigate the ups and downs of sports betting with greater confidence and control.