Effective bankroll management is essential for long-term success in sports betting. Here are some tips for managing your bankroll:

Set a Budget: Determine how much money you can afford to lose on sports betting and stick to your budget.
Unit Betting: Divide your bankroll into units and bet a fixed amount of units on each wager.
Avoid Chasing Losses: Don’t increase your bets in an attempt to recoup losses.
Take Breaks: Step away from betting if you’re feeling frustrated or losing control.
Track Your Wagers: Keep a record of your bets, wins, and losses to track your performance.
By following these tips, you can manage your bankroll effectively and reduce your risk of financial losses.