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Money Management

Posted on April 2, 2008 - Filed Under Recreation and Sports | Leave a Comment

The key to becoming a successful player is to manage your money well. The following are the crucial elements:

Betting Bank (Treat this as a business. Keep records of your wins and losses and amounts staked).

Stakes as a percentage of betting bank (1%-5% of betting bank per bet. Most professional players use 1%.)

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