First and foremost, you need to set yourself a budget for your sports betting venture. This budget, also know as your bankroll, is an amount of money that would not affect your living status if completely lost - after all, not every individual can make winning picks in the game. Your budget must be separate from all living expenses such as rent, mortgage, utilities bills, etc.
You are recommended to decide how much you will be wagering on each bet that you make after you have figured out your bankroll. Of course, the primary key is to bet the same amount on each game. And, in general, the amount that you actually place on each game is your betting unit. In order to determine your unit, you first and foremost must decide how aggressive or conservative you plan to be. Well, in general, the amount of unit is five percent, but a few people make it 2.5 to 10 percent. In short, this all depends on your budget size and your wagering temperament.
According to the experts, your unit is the primary key to lessening your risk while trying to maximize your profits. The downfall of a sheer number of sports gamblers is that they are undisciplined and place wagers of various sizes. It has been observed that this wagering method is not the most effective strategy because you are losing more money when the big bets lose because of the juice. Remember, the smaller sports bets might either pay for the juice or only some of the juice. This is why a group of some people can have a winning percentage of 57 to 60 percent and still lose. I would like to tell you that by placing the same amount of money on each game you lessen your losses. Although you might like one wager a little more than another, but you don't want show that with your amount of money.
While placing your sports bets, you only want to place three to four bets a day, which should be your strongest plays actually. Another major sports betting (Sportwetten) principle is to never risk more than half of your budget at any one time.
Source: http://www.artipot.com/articles/1332813/a-few-invaluable-sportwetten-principles.htm
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