It may seem redundant, but money management is the key to this business. One could argue that it is almost just as important as handicapping winners. It’s a fact: You can have the best picks in the world but if you manage your money improperly you can significantly shrink your profits. The first step that one must take is establish a bankroll, a set amount of money that one feels comfortable investing in with comfortable being the key word of this statement. You absolutely cannot bet what you can’t afford and we will continue to preach that here at NFL-Picks.com.

The next important component to money management is making sure that you are wagering the same amount of money on each game, especially here at NFL-Picks.com because all our plays are fairly equal in strength. We refuse to release a game unless Ryan Dreyden feels it is going to bring home the cash. The reason that this is so important is because if you bet more money one game than another, and the bigger play loses you are down much more than just the vig.

For instance, if you were to wager $500 on one game, $200 on two other games, and $100 on one other, you could go 3-1 and lose money if your $500 play were to lose. So now you have an outstanding day going 75% but you’ve lost money. That’s why we recommend betting 2.5% of bankroll on each of our plays. In the long run, you will make quite a bit of money by sticking to this strict money management strategy that we have implemented for you. Most professional gamblers bet 1-2% of bankroll on a play but we feel 2.5% is more adequate because of the quality of picks that we provide. In essence, 2.5% is a big play for us.