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How Does a Professional Sports Bettor Pay Themselves? | Bet with Ace
In this clip from the "Steam Room," Gianni the Greek goes into how professional sports bettors handle paying themselves and bills with the profits from their winnings.
Known in the sports betting industry as Ace, Vegas-Runner, & Gianni the Greek professional sports bettor & handicapper Gianni Karalis has been known as one of the most esteemed movers in Las Vegas for over 20 years. VR broke into the industry as a bookmaker in Philadelphia in the late 1980's and by the mid-90's he was moving steam with the most profitable and respected betting syndicates at that time. Information was not as readily available back then and the multiple wiseguys these groups bet for won at a rate unimaginable by today's long-term winners.
Why Bankroll Management is Important
Bankroll management is important for a number of reasons. First, it helps you to avoid overspending. When you set a budget for your sports betting, you are less likely to make emotional bets that you cannot afford to lose. Second, bankroll management helps you to stay disciplined. When you have a set amount of money to bet, you are less likely to chase losses or bet more than you can afford. Finally, bankroll management helps you to track your progress. By keeping track of your wins and losses, you can see how your bankroll is performing and make adjustments as needed.
Bankroll management is an important part of sports betting. Following a few simple bankroll management strategies can improve your chances of winning money in the long run. So if you are serious about sports betting, be sure to learn about bankroll management and put it into practice.
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