The importance of a bright money management strategy faithfully executed is revealed in bottom line results. Sports wagering can be an emotional activity; the excitement of the event can prompt an undisciplined gambler to wager more based on feelings and the most recent results, sometimes allowing a single loss to financially cancel multiple wins.
Qoxhi Picks offers five money management strategies; Basic, Aggressive, Top Pick Aggressive, Top Pick Double and Top Pick Exclusive. Each strategy is keyed by a subscriber’s opening account balance, actual lines and past results.
The Basic method is easiest to operate and recommended for most first-year clients. Each Qoxhi selection is designated with a money management number, which dictates the wager amount. A game with a “4” money management number would generate a wager to win 4% of the opening account balance. A “5” rated game would call for $550 wager to win $500 if the opening account balance was $10,000.
If a client wanted to wager more on each game, looking to win a thousand dollars instead of half that, then their opening account balance needs to be $20,000. If that same bettor is not willing to put $20,000 at risk then they should not be making wagers looking to win $1000.
A person knows their most suitable opening account balance when what they are willing to put at risk for the season computes on their chosen money management strategy to an amount they would like to bet on each game. The final step is to weigh the risk versus rewards factor to assure one would make a sizable enough gain even if the season returned only 30% profit with the Basic money management strategy.