If you happen to be a fan of placing easy bets to win money, you could try a snowball money management strategy like Easy Money. This happens to be suitable for punters who have a limited budget and a lot of patience. Skip this sports betting money management strategy if you’re looking for systems that allow you to apply the value bet concept.
18+. New Customers only. Deposit and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account. excludes cashed out bets. Receive 2x £10 Free Sports Bets, valid on set events only at odds 2.00 or greater, expires in 7 days, plus a £20 Casino Bonus, expires in 7 days. Wager the Casino Bonus 40x to withdraw winnings. Credit/Debit card deposits only. Geographical Restrictions and T&Cs Apply, Please Gamble Responsibly
Easy Money explained
Firstly, what you want to do is to establish an objective: how much do you expect to win, where to shop, what maximum odds to reach. The next step would be to divide your bankroll into 6-10 equal amounts to make sure you have some room for error (It also depends on the time frame, the number of bets you place, how often do you plan to reload your betting account, what odds you plan to reach etc.).
Now you’ll start with let’s say £10 and aim to reach total odds of 10-20-50, wagering the stake plus winnings after each winning bet. Thereupon you’ll mostly wager on betting tips that have very short odds: usually, less than 1.10. When your winning streak comes to an end before reaching the desired objective, you’ll have to start a new hand.
Hints: To profit you will require a long winning streak, so your best option is to go with the safest possible bets you can find on the market (and not value bets, as you can’t afford to lose when applying Easy Money). Football betting, NFL betting or horse racing, it doesn’t matter, just make sure you use Asian Handicaps, lay betting on betting exchanges and anything you can think of to make your bets as safe as possible.
Even though this money management betting strategy will always require you to increase stakes, the risk of ruin is not big, since the bet amount includes the prior winnings and not other chunks of your initial bankroll. On top of that, wagering on such low betting odds will considerably increase your win percentage, and therefore, even if you are unsuccessful, you’ll at least buy more time and save some money.
We advise you that this betting strategy is not recommended for the faint-hearted: Your mind will play tricks on you, and you’ll feel the pressure piling up when your bet size will become 20 times bigger than your initial stake. But then again, without composure, you won’t ever become a successful sports bettor!