In betting terms, a betting bank refers to the total amount of money that a punter has set aside for the purpose of placing bets. It’s important to manage your bank effectively to minimize the risk of losing all your money and to maximize your chances of making a profit. Here is a simple plan for managing your bank:

1. Determine your total bank: The first step is to figure out how much money you’re willing to dedicate to betting. This should be an amount that you’re comfortable losing, and not money that you need for essential expenses like rent or bills.
2. Set a unit size: Next, decide on a unit size – this is the amount of money you will bet on each individual wager. It’s recommended that you start with a small unit size, such as 1-2% of your total bank.
3. Stick to your unit size: Once you’ve established your unit size, it’s important to stick to it. Don’t increase your unit size if you win big, and don’t decrease it if you lose. This will help you manage your bank and minimize losses.
4. Choose your bets carefully: Before placing any bets, do your research and choose your wagers carefully. Look for value bets and avoid making impulsive decisions based on emotions or hunches.
5. Track your progress: Keep a record of your bets, including the amount wagered, the odds, and the outcome. This will help you analyse your performance and make adjustments as needed.
6. Adjust your unit size: Over time, you may want to adjust your unit size based on your performance. If you’re consistently making a profit, you can consider increasing your unit size. On the other hand, if you’re losing money, you may need to decrease your unit size or take a break from betting altogether.

By following these steps, you can effectively manage your bank and increase your chances of making a profit in the long run.