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#1
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Bankroll Question - Need Help
I have been betting sports for years with some very good and some very bad years. I am trying to do it right this year and not dig myself into a hole if the season starts slowly.
My question: I have a $400 bankroll to start the football season with. What amount do you think I should be using as my betting units per game? Any help you guys could offer would be greatly appreciated. Thanks.
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I had a system last time I went to Vegas, I was broke by the 3rd day.
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#2
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with a 400$ bankroll u might as well let it all ride on the first game u like , GL
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#3
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Quote:
PEACE
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2012
NBA 67-94 -56.45* NCAAB 96-71 +41.53* NHL 16-29 -8.42* MLB 0-1 -1.00* |
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#4
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#5
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Thanks Pimp. Tomek, you're an idiot.
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I had a system last time I went to Vegas, I was broke by the 3rd day.
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#6
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WINNNG is the Only Acceptable Soultion. No Excuses Given. No Excuses Accepted. |
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#7
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Fatman im just trying to help,why grind it out at 10-50 $ a game?? with amount likes that ull have to go on some really unbelivable streak to make any serious profit. Youre better of playing heavy at the start trying to build up a bankroll you can bet with, Bet 1 to 5% on a game, maybe 10 % if you really like the game, an in your case thats a 40 $ bet, i wouldnt even bother. but gl
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#8
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I have fun capping the games. Any profit is an added bonus. This for me is entertainment, not using it to pay my mortgage. Go to another thread and stop wasting your time in here. Great picks today by the way. Keep winning 50% of your games. I'll make sure not to follow you so I don't go broke.
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I had a system last time I went to Vegas, I was broke by the 3rd day.
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#9
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5% of your bankroll. In your case, no more than $20 per bet.
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2011 Cappersmall Hall Of Fame Inductee 2011/12 NBA (4-6, -3.77 units) 2011 FINAL NCAAF (37-25-1, +31 units) 2011 FINAL NFL (26-31-2, -20 units) 2011 NCAAB (9-5-1, +13 units) 2011 NHL (0-1-0, -3 units) 1* = TO WIN $100 |
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#10
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Quote:
GL |
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#11
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Money Management is just as important as picking winners......In fact, without both you are destined to fail. The single biggest reason why sports betters fail is because of the lack of proper money management. Just like a good business plan, you must have a plan for betting on sporting events.
All plans must start with a bankroll, defined as the amount of money that you have put aside to risk on sports wagering.....Your bankroll does not have to be the amount of money that you have on hand, just the amount that you can comfortably lose without effecting your lifestyle. For the sake of this conversation we are going to use $5,000.....Next we will select a unit wager...This may cause some alarm in many of you, but we use 2% of our bankroll as a unit wager...$5000x.02=$100.....$100. would be a 1 unit play.....Wagering on sports is very similar to a stock on Wall Street. Your bankroll is going to go up and down, so we must be able to weather the storms and a 2% wager allows us to do that. Using the above formula: $400.00 X .02 = $8.00 per unit
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November 13th 2008(The Clean Slate) Soccer(74-124-4) -1474.57 Hockey(74-16) -5186.66 Basketball(24-31) +175.30 Football(43-46-2)+252.24 Tennis(5-9) -158.50 College Basketball(12-23) -1346.19 Golf(0-2) -3.34 Baseball(23-21) +371.80 1 unit = 1 dollar |
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#12
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hellzbellz...dis iz to funny...for fuk sak...many timez turned four frikin firecrackerz into sumtin' cool...geesch...tomcat...maybe ya otta check out da mafia...i hear day pay well...fffff****...
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#13
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#14
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Pura Vida! |
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#15
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I received a lot of opinions from cappers that I highly respect: Baseball, terps, viper, and judge, I appreciate them all. Ricky, I like your formula. It looks like evreyone agrees so I will keep it to the percentage that you have recommended. I appreciate your time and answers. Thanks everyone and hopefully we will all have a successful season no matter how much our wagers are.
__________________
I had a system last time I went to Vegas, I was broke by the 3rd day.
Last edited by fatman787; 08-27-2006 at 04:14 AM. |
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