What are flat and % of bank, and what is the difference between them?

A flat bet is a sports betting strategy where the player places equal amounts on two or more possible outcomes of an event. For example, in a soccer match, you can bet on one team to win and on a draw. If the team you bet on wins, you get a profit equal to the amount you bet. If the match ends in a draw, the player receives a profit from only one of the bets, and the second bet is lost. If the other team wins, both bets are lost.

Percentage of the bank is another sports betting strategy, which consists of making each bet with a certain percentage of the player's bank size. For example, if a player has a bankroll of $100 and decides to place bets with a percentage of the bankroll of 5%, then the size of his bet on the first game will be $5. If he loses, the size of his bankroll will decrease, and the next bet will be made with 5% of the new bankroll size.

The difference between flat betting and percentage betting is that in the first case, the player always bets the same amount, regardless of the size of their bankroll, while in the second case, the size of the bet varies depending on the size of the bankroll. In addition, when using the percentage of the bank strategy, the player can more flexibly manage their bets depending on changes in the size of the bank, while when using the flat strategy, they always bet the same amount.

It is important to understand that no matter what sports betting strategy is used, it will not guarantee success. The key factors for profitable betting are correct analysis of the situation, determining the probability of the outcome of an event, and the ability to make decisions based on this analysis.