I preach it constantly: bankroll management is more important than the bets you place. And no, that’s not an exaggeration.
Over the past month, bankroll management is the only reason many followers saw profits despite losing records. That’s the power of discipline. But here’s the catch most bettors miss:
Managing your bankroll is even harder when you’re winning. 😬
Why? Because winning covers up a lot of sins. When you’re on a heater, you don’t feel the damage of bad decisions… but trust me, your bankroll will remember.
Let’s talk about how to lock in those wins and protect yourself from the inevitable cold streak that’s lurking around the corner.
🎢 The High-Risk Trap of Hot Streaks
When you’re hot, you start feeling invincible.
You take wild shots…
You bet oversized amounts on gut plays…
You say, “What’s $2,000 on this longshot? I’m up $15K this week!”
But a few weeks later, that throwaway bet feels like a punch to the gut.
Sound familiar? 🤕
Yeah… you’re not alone. We’ve all been there.
Hot streaks make you forget the rules. But to be a long-term winner, you have to treat a hot streak with the same respect and caution as a cold one.
🔥 Defining a “Hot Streak”
Everyone’s volume is different. For me:
- I usually place 2–4 bets per day
- I stick to 1 unit max per bet
- I often throw in a parlay for fun
So, for me, a hot streak is:
- +10 units or more in a week
- +20 units or more in a month
Once I hit that threshold, I don’t bet bigger — I engage my stop-loss system. 📉
🛑 Introducing the Stop-Loss Strategy
Think of it like trading stocks.
You’re up, you’re doing great, but you want to lock in gains before the dip.
Step 1: Set Profit Targets
Once I hit my hot streak benchmark, I activate two key stop-loss points:
- 20% stop-loss: If my profit dips below 80% of the peak, I cut my bet size to 0.5 units
- 40% stop-loss: If I dip below 60%, I drop to 0.25 units
- 50% loss of gains? I stop betting completely and move to paper betting until I reset
Example:
Let’s say I’m up 10 units this week:
- Drop to 0.5u bets if I fall to 8 units
- Drop to 0.25u bets if I fall to 6 units
- Take a full break if I fall to 5 units
📈 What If the Heater Continues?
If I keep winning — great!
But I don’t let that open the door to recklessness. Instead, I turn the stop-loss into a trailing stop-loss.
Example:
Say I reach +14 units:
- 20% stop-loss now = 11.2 units
- 40% stop-loss = 8.4 units
- Full break at 7 units
These new stop-loss points trail my profit upward — they never go backward. It ensures I secure a majority of profits no matter how hot I get.
🚫 Never Increase Unit Size Mid-Streak
This one’s critical.
DO NOT raise your unit size while you’re hot.
Stay at 1 unit per bet. I don’t care if you’re up 50 units — don’t double down thinking the hot streak is a green light to bet 2 or 3 units per play. That’s how you give it all back FAST.
Once the streak is over and you’ve cooled down, then you can re-evaluate and possibly adjust your standard unit.
🧠 Psychological Warfare: Betting While Winning
Just because you’re up doesn’t mean you get to throw darts blindfolded.
The problem is… winning feels good, and it masks mistakes.
You start thinking:
- “I can afford this crazy parlay.”
- “Let me just chase this late-night game for fun.”
- “What’s a few extra units on this obscure prop?”
Then the streak ends. The correction hits.
And you’re kicking your own ass for blowing bankroll on nonsense.
Don’t be that guy.
Be the guy who kept his money safe in the bunker — and lives to bet another day. 💼
💬 A Quote to Live By
“The book doesn’t require us to bet every day. I will gladly bet lightly when I have an edge but the overall market is a concern. I will pass — for days if needed — when I don’t have an edge. I will press aggressively when the market is in my favor. If you can control yourself, you become a danger to sportsbooks — not a danger to your own finances.”
— The Sharp Plays
Discipline > Action.
Self-control > Adrenaline.
That’s the mindset of a professional bettor.
🧮 Why This Strategy Works
Because I’ve been there. You’ve been there.
You hit a hot streak…
→ Make stupid bets
→ Lose it all
→ Chase losses
→ Dig a deeper hole
This strategy avoids all of that.
Worst case? You give back 50% of your profits slowly and safely. Best case? You lock in huge gains and walk away with your pockets full.
🚀 Final Thoughts: Secure the Bag
- Winning is fun, but it’s not permanent
- Have a plan for protecting profits
- Use stop-losses and trailing stops
- Never raise units during a heater
- Take breaks when needed — the book will still be there tomorrow
If you do this? You’ll have the bankroll to crush the next heater when it arrives.
And trust me — it always arrives.
🎯 Be smart. Be disciplined. Be a pro.
Good luck in your action!
~ TSP