Insight 15: Bankroll Management

Updated: Dec 1, 2020

Dear reader,

We hope we find you well! It has been, and still is, challenging times. Football trading should hopefully come low down on your priority list compared to well-being and staying safe. We haven't been able to produce much content recently, but we hope to have more football trading articles from across all of the different football platforms coming soon!

With the financial impact of Covid impacting the world, it is natural that we are seeing it impact some of the football markets. It is important it doesn't impact your decisions of being financially sensible on the platforms though. Be careful with your money and bet responsibly. BeGambleAware have great resources for anyone needing support. For a general chat about footy, trading strategy or anything, I'm always happy to talk on Twitter DMs or on the FTI forum.

In this article we hear from 'The Challenge Man'. He guides us through his 'Bankroll Management' approach to Footstock.

I think it's a great idea and as he rightly points out, it can be applied to any trading/gambling you do. I really like the idea of it enabling your skill level to moderate itself in the Footstock cash tournament levels and as a way of preventing chasing losses- something I admit I have been very guilty of in the past in traditional betting and on Football Index and Footstock.

If you haven't joined Footstock yet, there's currently a great sign up offer: Receive 50% of your first deposit in tournament credit up to £100 (maximum bonus is £100 if you deposit £200) available through our link (18+ Ts & Cs apply).

There is a big 'Monster' November tournament coming up with a £15K guaranteed cash prize pot! The 'Monster' itself will run over the last weekend of November, covering Premier League Gameweek 10! You can win entry tickets in the tournaments running up to it or buy in at £30.

A huge thanks to Challenge Man for sending this our way! We always welcome guest articles about strategy on Footstock, Sorare or Football Index, just get in touch.

Thanks for reading,




Bankroll Management


This article comes with a disclaimer. I am not that great a tournament player. I get enough places to keep me making a profit, and I maximise that profit by getting credit at a discount.

This article isn’t aimed at helping you win. It should however, help you not to lose.

Most people believe gambling is all about winning. I disagree with this sentiment. For me, gambling is about not losing. If I can make sure I don’t lose, then when the big paydays come along, that is all profit.

What is Bankroll Management?

The concept of Bankroll Management won’t be a new one to many, especially those, who like me, come from a poker background in which it is a commonly referred to part of basic strategy. Bankroll (BR) is simply how much you have to gamble with. Managing that bankroll means ensuring you bet the right % so that you don’t go bust. This often means dropping levels after a bad run and can also mean moving up after a good one (though you don’t have to move up and often that would be unwise).

Bankroll management (BRM) when done correctly, will ensure you always have money to play the game and should never be left without credit.

(For the avoidance of doubt, I use tournament credit in these examples. BR is how much you have that you are willing to use on buy-ins, this could be credit, cash or both).

The Maths

For my BRM, I work strictly to a 5% rule. This means, no matter how much tournament credit I have, I will never bet more than 5% in one day. I currently have £2500 credit, so I would never buy in for more than 5% of that, which is £125. That is 12 days of buy-ins at that level.

Assuming I am terrible, my BR will drop and with it the level of buy-in I allow myself.

As you can see from the first table below, that is 18 days of play before dropping below £1000. However, scrolling further out, on the second table we can play for over 110 days before we finally run out of BR. And to be honest, if you lose for 112 consecutive days, you probably should consider if tournaments on Footstock are right for you.

At times this can be a hindrance. An example of this was when I really wanted to play the £100 buy-in game but at the time I only had a £50 limit due to a £1000 BR. This left me with 3 choices:

  1. Take a shot, knowing I wasn’t rolled for it (can be accepted, this is a personal choice).

  2. Avoid the game, I don’t have the money.

  3. Spread the risk. In this example, this is what I did and I sold £50 (50%) of the entry fee to others. This meant I could still take part but wouldn’t break BRM rules.


  • I am always in the game, and won’t reach a point where I will not be able to join a tournament.

  • I am never risking a large part of my BR and as such I won’t be scared to make the right choices in games or cards.

  • I track my wins and losses per tournament type and buy-in, ensuring I can see where my weaknesses are and either work to avoid them or get better at them. This prolongs my BR.

  • My skill level will moderate itself. If I join Gold games and lose, I will be forced to drop to Silver.

  • Due to that, I should make consistent smaller wins.

  • I won’t make irrational decisions based on historic performance because I am buying in to games at an affordable level.

  • Tournament wins don’t come at a set pace, you can win 3 on the trot then not cash for a fortnight. Using correct BRM, ensures I am always in the game. There is nothing worse than buying in for 10 days on the trot, losing and then worrying because you are running out of credit.

  • You won’t chase losses, a gamblers nightmare.


You potentially won’t get those huge gains by buying in to games you can’t really afford. However, you won’t take those huge losses either. Less risk.


By making sure you follow BRM rules, you will always be in the game at a level you can afford. You should be able to make good decisions based on knowledge, rather than chasing losses. You won’t be so worried that the one player who got dropped screwed you over, because you will be playing within your means and won’t be worried about going bust.

I have written this article based on tournament buy ins, but the same principle can be applied to anything in Footstock (or gambling in general), including virtual battles, the cards you buy or roulette.

I can be found on slack with the nick MrWh1te or twitter as @Challenge_FIS where I would love to discuss this further or answer any questions you may have.

Good luck on your journey into Footstock!


Thanks Mr White, another insightful article.

The biggest concerns amongst the community, internal and external, when I joined Footstock was card circulation – now that is well and truly under control, other than the long argued substitute-gate, I suspect the main concern is customer retention. The generous sign up offers kick users off with a sum of credit, however, once the credit runs dry it is a mental barrier to then either pay cash to enter tournaments or find new credit.

Whilst I’m always happy to delve into some packs or deal-of-the-day offers to bolster my credit, I think this style of BRM is a superb and more organised way of playing the game more sustainably. The best thing about Footstock is that it is FUN! So anything that keeps the fun going longer is a good thing.




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