💸 Bankroll Management
Proper bankroll management is one of the most important — and most overlooked — elements of long-term betting success.
PortfolioEV gives you sharp bets and a massive edge. But without sizing your bets correctly, that edge can vanish fast. Let’s walk through how to manage your money the right way.
🧱 The Foundation: Bet Small, Stay Alive
Even with a winning strategy, you will lose bets — sometimes a lot in a row. That’s why you need to protect your bankroll.
By limiting your bet sizes and staying disciplined, you reduce risk, ride out variance, and give your edge time to shine.
⚖️ Your Two Sizing Options
1. Flat Betting (Recommended for New Users)
Flat betting means placing the same dollar amount on every bet, no matter the edge. It's the simplest and safest way to start.
- ✅ Easy to manage and track
- ✅ Reduces emotional swings
- ✅ Keeps your bankroll protected
- ✅ Great for building confidence in the system
2. Kelly Sizing (Advanced)
Kelly Criterion adjusts bet sizes based on your edge and bankroll — higher edge = larger bet.
PortfolioEV includes a modified version of Kelly that smooths out the volatility, but it still comes with higher variance and complexity.
- 🔍 More aggressive
- 📈 Can increase returns over time
- ⚠️ Harder to manage emotionally, especially during cold streaks
We recommend moving to Kelly only once you're comfortable with the system and seeing consistent results.
🧠 Enter Your Bankroll in the App
To get accurate bet sizing suggestions, input your bankroll directly in the app.
- Go to your account or portfolio settings
- Enter your current bankroll (update this over time!)
- OddsShopper will automatically recommend the right unit sizes for every bet
🛑 Tips to Stay Smart
- Don’t chase losses: Cold streaks happen — trust the process.
- Reassess weekly: Adjust your bankroll and unit size as things change.
- Be consistent: Stick to your system, especially when emotions run high.
Final Word:
Your edge doesn’t matter if you bet too big and go broke. Play the long game. Bet small, bet sharp, and let the volume do the work.
