I'm starting with a $5,000 bankroll in mid-April. Playing ML and RL (straight bets and some parlays: $500 to $1000 per play) What's a reasonable projection for a final MLB season profit?
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-5000
by april 30thComment -
500-1000 dollar plays are way too big for your bankroll...try between 2 and 3 % for better money management.Comment -
I do agree with this...at 500 per play that is 10 losses and you are out.Originally posted by CrayzeeComment -
Yea, at most you should be betting 100-150, you wont last through opening week betting 1000 with 5k roll.Comment -
I think he MAY make it to May 1st but not much past that barring an incredible winning streak the first week or so. Dude running 10% of your roll in a play is the best way to go broke. Unless you can cap 80% winners your looking to be broken not break them.Originally posted by CrayzeeComment -
I understand proper money management - play small units/small percentages of your bankroll (hit at 54% for profit). For NBA & NHL action I play it safe (& utilize the money management system), but baseball season has always been kind to me. I can usually hit about 80 to 85% of my picks throughout the season (no lie). I think that most pro bettors earn the bulk of their income off baseball. Everybody wants to pretend that the NFL is the big money maker.Comment -
I think maybe we're the ones who should be asking you the questions then. With that bankroll and strategy, how much do you project you are going to win?Originally posted by willybackComment -
Point taken. I honestly can't say. I have my situational projections, but this is sports betting where nothing's a definite lock.Comment -
If you hit 80% you'll make enough you won't have to worry about other sports, a job, bills, etc...Comment -
Pretty much... I set a mark (income I need for the year), work hard to hit it, cash out, and then use whatever is left in the account for added play (high risk sh*T).Comment -
willyback, sounds like you have a plan and have some experience at it, so I say run with it and keep us posted. I'm a crotchety old fart, but never so crotchety to learn something new.
Do you ever play futures? I'm a bigger futures and game-by-game totals player than anything else.Comment -
Not that interested in futures. I mainly stick to ML and RL plays. Sometimes I put action on the series for added value. There's so many ways to get paid with baseball it's truly amazing. I wish they played baseball 365 days a year. I'd probably try to watch every game (lol).Comment -
Baseball Betting
After a really nice run in the college basketball tourneys to build a very large (by my standards) bankroll, I couldn't help but try and keep my luck going during the baseball season. Since I know baeball better than any other sport, I felt confident about it and would lay a lot of wood and/or take a fair amount of (-1.5) lines, betting big as you plan to do. It did not take very long at all for my bankroll to be gone and to lose a significant amount more than that.
Baseball is a funny game on a day to day basis. I think this year I may take a couple of season totals, but other than that I will stay away.Comment
