Bankroll Management - My Approach

[Division]

I'm curious what bankroll management / staking plan people use. I have outlined my approach below but am interested to hear from other bettors how they approach bankroll management.

 

I have a very specific betting style which means greater than 90% of my bets are in a few specific markets and the odds are generally within a tight range.

Given my bankroll = €X

I will bet a fixed percentage of Y%.

When my bankroll increases or decreases by Z% I will recalculate my bet of Y%.

Within the Range of X-Z% or X+Z% all my bets will be for the same stake.

 

I'll give an example

(1) Bankroll = €1,000

(2) I bet a fixed percentage of 2% = €20

I will continue to stake €20 on all my bets until my bankroll hits either €910 (-9%) or €1,100 (+10%)

Once I hit either of these thresholds I will bet 2% of that amount until my bankroll either increases by 10% or decreases by 9% and so on.

The larger your bankroll the smaller your stake percentage and win/loss thresholds should be.

 

How do you deal with this?