In this educational article, Futaa Bets introduces the concept of "flat-betting" and why it can pay off big time in the long-run and help you win bets consistently.
Many bettors make the mistake of doubling or trebling bets when they've just won and are feeling confident. This is a reckless strategy that can damage your budget. It's unsustainable and a sure-fire way of damaging your bankroll, but there are definitely ways around this and flat-betting is one of them.
So what's flat-betting? 🤔
Flat betting means betting the same amount on every game. Designate a “unit” wager amount, based on the size of your budget. There are different approaches to this strategy, but most experienced bettors only risk 1% to 5% of their bankroll per bet, regardless of how confident they are.
So, if your budget is Ksh1000 for a day, factor that into your single bets and try stick to Ksh10 single bets wherever possible.
Why is flat-betting a good long-term strategy? 💰
Being consistent and disciplined with your bet size will help manage the streaks (good and bad) that come with sports betting. When you encounter a losing streak, this discipline style will save you from losing all of your money. When you are winning, it will return a positive amount on your investment.
Flat betting also means betting on individual games and not risking your budget on multiples. Multiples can definitely be part of your betting strategy, but they have to be managed and this is something we will discuss in our next educational article on Futaa Bets. Flat betting will not provide massive one-time payouts but it's certainly the way to go if you want to employ a long-term, intelligent winning strategy.
Flat betting will ultimately help you remain disciplined through your winning and losing streaks.
Where and how can I bet on AFCON 2019? 🌍
With AFCON 2019 around the corner, we will have daily betting tips, previews & bets for every single match and you can keep up with all of them right here. You can also join our Telegram Group for free tips with ZERO spam. You can sign up on betPawa and place a bet right now with the Women's World Cup and Copa America in full flow and AFCON 2019 getting underway tomorrow.