Have been winning for the past 3 weeks what next?

[BetaB]

As you can see here http://forum.sbrforum.com/baseball-h...2011-a-p8.html. I bet based on my BR size but unit wise i Earned almost 170 units (10USD per unit) during the past 3 weeks and never bet larger than 8.5 unit

Don't think thing will keep going this smoothly. Any suggestion on what i should do next? Should i reduce or increase my stake?

[italianbandit]

At this point, I would increase to $20 a unit or double your initial bet

[BetaB]

At this point, I would increase to $20 a unit or double your initial bet

Can you tell me the logic behind that?

[aznbluff]

Win more maneys $$

[italianbandit]

Beta,

I haven't taken the time to know the details of your bankroll and its growth but from a quick look it sounds like you have roughly doubled your bankroll from the beginning of your thread. In that case I would double your initial unit size, assuming that was 1-2% of your bankroll. So if you had a $1000 bankroll using $10 for unit wagers and you have won over $1000 doing that, your bankroll is now $2000 it is common to now double your 1% unit to $20. If you haven't just leave it at $10 until you do.

There are a lot of articles, threads, books on various kinds of bankroll management for different types of gambling pursuits. If you want a thorough discussion of this I would make a post describing all the details of how much you started with, how much you have won etc, what's your investment style, how old you are, what are your goals etc and put it in the handicappers think-thank.
GL

[leetreaper]

double and lose it back two times quick obv...

[BetaB]

Beta,

I haven't taken the time to know the details of your bankroll and its growth but from a quick look it sounds like you have roughly doubled your bankroll from the beginning of your thread. In that case I would double your initial unit size, assuming that was 1-2% of your bankroll. So if you had a $1000 bankroll using $10 for unit wagers and you have won over $1000 doing that, your bankroll is now $2000 it is common to now double your 1% unit to $20. If you haven't just leave it at $10 until you do.

There are a lot of articles, threads, books on various kinds of bankroll management for different types of gambling pursuits. If you want a thorough discussion of this I would make a post describing all the details of how much you started with, how much you have won etc, what's your investment style, how old you are, what are your goals etc and put it in the handicappers think-thank.
GL

Thanks for your respond. Personally, i'm just a casual bettor. I used to bet big with JM baseball (4000 for some C bet) and i was very stressful + ill disciplined and i ended up losing a bit. What i'm looking to gain from this are 1 discipline and 2 investigating for any potential investment opportunities (which hopefully will be more fun and profitable than Stock 40% increase per year may be).

About my current problem, basically from past experience i figure out that my ROI would be around 5-6% in MLB but the past month had been far exceed that and i'm want to protect my BR. There was a time when mine stakes were purely based on Kelly but the 2 weeks period after the allstars break pretty much ate 1/2 or my BR. Personally, i enjoy winning but more importantly i absolutely had losing those hard earn money quickly when i up my stake. So, normally i started off with rather larger $$ per unit, then if thing turn bad i can always deposit more.