Honestly, who here has made a decent amount of profit from betting?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • iceman02
    SBR Wise Guy
    • 03-05-12
    • 736

    #36
    Originally posted by SixFigures
    Thanks for the responses.

    This isn't a complaint/rant thread by the way, I was legit curious to see how some people can make a living out of betting

    thanks again
    The key is to be a investor not a better.
    You want to have the highest return you can possibly make with the lowedt risk.

    Just remm it is all ABOUT ROI. RETURN OF INVESTMENT.

    MAKE A GOAL LIKE 20% A MONTH. ONCE YOU REACH IT CHILL OUT. OR PLAY WITH THE PROFITS.

    ONE THING I LIKE TO DO IS IF I BET BIG I ONLY DO SO WITH PROFITS. USE 1-2% UNIT SIZE TO BUILD UP A BANKROLL THEN YOU CAN TAKES CHANCES WITH THE PROFITS.
    Comment
    • posey
      SBR MVP
      • 05-23-14
      • 1112

      #37
      20% ROI? Wow, that would be a number...don't know anybody who is able to keep this up long term.
      Comment
      • BigBanker
        SBR Rookie
        • 03-06-13
        • 48

        #38
        Originally posted by iceman02
        The key is to be a investor not a better.
        You want to have the highest return you can possibly make with the lowedt risk.

        Just remm it is all ABOUT ROI. RETURN OF INVESTMENT.

        MAKE A GOAL LIKE 20% A MONTH. ONCE YOU REACH IT CHILL OUT. OR PLAY WITH THE PROFITS.

        ONE THING I LIKE TO DO IS IF I BET BIG I ONLY DO SO WITH PROFITS. USE 1-2% UNIT SIZE TO BUILD UP A BANKROLL THEN YOU CAN TAKES CHANCES WITH THE PROFITS.
        This is total muck you shouldnt be taking chances you should be building upon your profits and increasing your unit accordingly to go up in stakes.
        Comment
        • iceman02
          SBR Wise Guy
          • 03-05-12
          • 736

          #39
          Originally posted by BigBanker
          This is total muck you shouldnt be taking chances you should be building upon your profits and increasing your unit accordingly to go up in stakes.

          Everytime you place a bet your taking a chance.

          If your up 20 units for the month and have a 5 star play. Theirs nothing wrong with placibg 10 units of your profit jn order to increase your profits by 50%

          Just as long as ur disciplined not to do bet big units with your bankroll money.
          Comment
          • moneymaker09
            SBR Sharp
            • 12-25-09
            • 471

            #40
            I am up 2k and I deposit only 50 at a time.. I hit a nice 5 and 3 team parlay one day with all underdogs that really cashed me out.. the thing that kills me is the casinos, no way to win there for me I always end up going back and losing
            Comment
            • jgabby
              SBR Rookie
              • 08-21-13
              • 33

              #41
              My ROI isn't even 20% and I've been killing MLB (up over 200u). Not sure how you can hope to hit a 20% ROI unless you mean a 20% return for the month.
              Comment
              • PaperTrail07
                SBR Posting Legend
                • 08-29-08
                • 20423

                #42
                I don't look at percentages just the amount of $$ I have...have been doing well as of late....but nothing outta this world...
                Comment
                • PaperTrail07
                  SBR Posting Legend
                  • 08-29-08
                  • 20423

                  #43
                  I trust my gut but never overinvest as anything can happen....intuition + little restraint=hopefully make profits lol...
                  Comment
                  • iceman02
                    SBR Wise Guy
                    • 03-05-12
                    • 736

                    #44
                    Originally posted by jgabby
                    My RO
                    I isn't even 20% and I've been killing MLB (up over 200u). Not sure how you can hope to hit a 20% ROI unless you mean a 20% return for the month.
                    20% return a month.

                    If you have a 5k bankroll and you compound 20% for 12 months you would have an ending balance of 44,580
                    Comment
                    • jgabby
                      SBR Rookie
                      • 08-21-13
                      • 33

                      #45
                      Originally posted by iceman02
                      20% return a month.

                      If you have a 5k bankroll and you compound 20% for 12 months you would have an ending balance of 44,580
                      You can do that with an ROI of 1%. ROI isn't the number one goal. The number one goal is strictly return. I'm doing over 100% return per month this season and my ROI is around 16%. Volume can lead to large returns. If I only played my large plays then my ROI would be higher but my monthly return would be lower.
                      Comment
                      • iceman02
                        SBR Wise Guy
                        • 03-05-12
                        • 736

                        #46
                        Originally posted by jgabby
                        You can do that with an ROI of 1%. ROI isn't the number one goal. The number one goal is strictly return. I'm doing over 100% return per month this season and my ROI is around 16%. Volume can lead to large returns. If I only played my large plays then my ROI would be higher but my monthly return would be lower.
                        If your monthly return is 100% then how is your ROI 16%

                        If your making 100% return of your bankroll than your roi is 100.
                        Comment
                        SBR Contests
                        Collapse
                        Top-Rated US Sportsbooks
                        Collapse
                        Working...