The next thing is properly managing your money in such a way that you’re always having the necessary cash flow available for following your plan, staying on track and be profitable all year. That’s another problem that gamblers and regular sports bettors have which is costing them enormous sums of money.
You’ll achieve the first part of your clever money management by balancing your “per game” profit in reference with your working capital. As opposed to most people in the industry, you’ll stay within your wagering limits by adjusting your “per win” profit to your available cash flow. Managing cash flow is a task that any business in the world has to do.
The “per win” amount is calculated by using what we call our divider constant.
As you can imagine, this way of approaching the money management is completely the opposite of most regular bettors out there. By doing so, you’ll be making sure that first, you’re sticking to your plan and second, you’re always having a sound financial position for keeping on track and generate consistent and scalable income. That divider constant is 75 and it’s been fine tuned after years of operations.
In short, we help you set the perfect “per win” profit in reference to your capital on hand.
The second component of the money management part is the logical step after your initial capital starts growing. That’s the scaling phase. You’ll periodically be readjusting your “per win” profit amount in reference with your new working capital balance. This will drive your profits to another level. This alone works magic when applied consistently over a period of time.
You now have 75% of what’s needed. The last part, as strange as it may seem, is having the right mindset towards this whole endeavour.
We give you a more detailed look at the importance of money management in its dedicated section.