I have a small bankroll to play with of $150 and I was wondering if this was you what would be your strategy on trying to build it up?Any insight will be appreciated,thanks.
brooks85
SBR Aristocracy
01-05-09
44709
#2
Personally, id go all in on a nfl ml parlay this weekend.
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whatsgood5
Restricted User
10-13-09
15359
#3
Here's what I would do...I dunno if you'd wanna do this with you're money though, but similar to brooks idea kinda Id go with this 5 teamer to win $93
Florida -2500
Penn St -850
Steelers -1000
Eagles -900
Packers -700
Good luck with whatever you decide to do though
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twincities77
SBR Wise Guy
09-07-09
716
#4
Search for "Kelly's Criterion" on Google
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freeVICK
SBR Hall of Famer
01-21-08
7114
#5
ur not gonna win shit betting like 10 bucks a game. just take a chance bet it all on one game. lose take a break.
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PeePee
SBR Wise Guy
10-08-09
619
#6
Depend on how much you want to build up. If you r patient for season-long and your goal is x10 then bet $10/$15 and increase as you win. Otherwise, double down a couple times and hopefully you get on a streak...
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The General
SBR Posting Legend
08-10-05
13279
#7
Make a goal, plan the work and work the plan.
Best
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ryanspeer2001
SBR MVP
03-30-08
3149
#8
That is similar to the roll I go with and I do $20 a game. I'm a very streaky bettor so I will bust out on an 0-7 streak but overall you should be able to run that up slow and steady if you pick your shots and don't get bet happy.
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TheLock
SBR Posting Legend
04-06-08
14427
#9
If your BR is $150, wait till you can save another $150 and then see Kelly Criterion as mentioned.
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jjgold
SBR Aristocracy
07-20-05
388179
#10
$5 a game if you want to stay in action
GL Son
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ZBOIZ
SBR Posting Legend
06-22-08
21464
#11
go all in
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DrStale
SBR Hall of Famer
12-07-08
9692
#12
Agree with Lock, best bet would be to wait until you can afford a somewhat higher roll to start with. Otherwise 5, 10 bucks a game and even with those numbers you could go broke after a cold streak. Or throw everything out the window find a good game and go for the double up.
Originally posted by Dark Horse
If with religion you mean belief system, your belief system is your religion. Again, it matters not what it is. You believe in it, you are loyal to it, would defend it, and yet have no proof of it, other than that, at one point or another, you chose to believe in it. Self-hypnosis. What if there were a snapping of fingers that broke the hypnosis?
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gavin
SBR MVP
07-26-09
1373
#13
Originally posted by whatsgood5
Here's what I would do...I dunno if you'd wanna do this with you're money though, but similar to brooks idea kinda Id go with this 5 teamer to win $93
Florida -2500
Penn St -850
Steelers -1000
Eagles -900
Packers -700
Good luck with whatever you decide to do though
this is the safest
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paco
SBR Aristocracy
05-07-09
62873
#14
Put it all on SFlorida Live wagering
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ZBOIZ
SBR Posting Legend
06-22-08
21464
#15
Originally posted by whatsgood5
Here's what I would do...I dunno if you'd wanna do this with you're money though, but similar to brooks idea kinda Id go with this 5 teamer to win $93
Florida -2500 Penn St -850 Steelers -1000 Eagles -900 Packers -700
Good luck with whatever you decide to do though
Go all in on that parlay!
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clarkd32
SBR Wise Guy
09-15-06
863
#16
deposit at BetPhoenix and ask for 100% cash bonus with 8x rollover.
now you have $300
i'd bet 5% of BR per game. i guess maybe 10% if you are extremely confident on a play... just my opinion...
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nybigapple
SBR High Roller
08-25-07
191
#17
if you just want to be able to stay in the miniscule action then yes, go right ahead and do what clark said. It is sound advice.
but I prefer to win big or go home. Check out Roagbetter's thread where he allocated $100 +25 matchplay to win $10k. He lost that $125 and put in another 75. He lost another $50 and was down to a $25 parlay which he won, and is currently sitting comfortable at 4k plus. This is assuming you are both good AND lucky enough to do it. As more than likely you will go broke.
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InTheHole
SBR Posting Legend
04-28-08
15243
#18
10 bucks a game
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cgars1
SBR Wise Guy
01-18-09
657
#19
$50 on LAA to win $80
$50 u8.5 to win $47.60
$44 on Pitt -5 to win $40
$6 parlay all ml plays in cfb 16-18 teams big favs will be around $75-$100
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acarmelo1
SBR Hall of Famer
09-29-09
6321
#20
i will do alot of 3 teams parlays for 5 dollars each
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Wilforth
Restricted User
05-10-08
16309
#21
Parlays may be risky. Just go all in one play and get your balance at or near $300. Be courageous.
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firedawg
BARRELED IN @ SBR!
10-08-08
39219
#22
15 to 25 a game pal
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Crash
SBR MVP
04-14-09
1260
#23
i started with 20 bucks ran it to around 350 and been betting since stick to 5 dollar bets and parlays and small parlaus like 2 3 teamers
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vitalogist
SBR MVP
11-11-08
2820
#24
Definitely get the 100% freeplay at Betphoenix. Its a good book. Most people say don't bet more than 2-3% of your bankroll. I roll a similar bankroll and i built it to close to $400 primarily teasing CFB. Tonight fot example I have cincy +4 and over 42.5. Chicken Dinner! Totals are great to tease. Check weather reports, etc. Look for 7's and 3's, with hooks. You can take a team laying 6.5 and end up getting 3.5. Last weekend my big hit was washington huskies +13.5, U of Pitt +7, and Patriots +7. It's not an exact science, but it can be done....
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addbball
SBR Rookie
11-11-08
14
#25
I would wager $15-19 per bet (about 1/8th to 1/10th of your bankroll). Don't pick any lines only because you have a low bankroll. Hopefully you'll hit a winning streak and double up to $300. From there you may want to set your bets to around $25 per bet (about 1/12th of your bankroll). If you double up again, you can slightly increase your bet amount again (maybe to $33 per bet).
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teaserpleaser
BARRELED IN @ SBR!
08-14-08
26015
#26
im actually doing that this week parlayed Boise ML, ohio state ML, and Miami canes ML for a lil less than even money to start.
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pavyracer
SBR Aristocracy
04-12-07
82618
#27
Bet $5 a game for fun till you lose it all. $150 is not a bankroll.
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suicidekings
SBR Hall of Famer
03-23-09
9962
#28
Kelly Criterion is a good basis if you're very confident in (and can quantify) your edge as a bettor. If you can't then the best way to build a bankroll (of any size) is by being patient. Stay away from parlays. The reward is higher, but the hit rate is much lower and when you're already working with a small BR, the losses will seem that much larger.
If I was in your position, I would set my betting unit size at $3 (2% of BR) to start and stick to flat betting on straight wagers only. Deposit at a book with reduced juice lines like 5Dimes or Pinnacle (reduced juice is much more useful in the long run than bonuses). I would set a target BR size of $180 (for a 20% increase) and work towards that goal, taking it just as seriously as if you were betting $300 or $3000 each game. The goal setting is critical because it keeps you from falling into the mindset of throwing money into reckless wagers. Stick to the sports you know well and don't bet just for the sake of doing it. When you feel very confident about a game, maybe you increase your bet size to 4%, but again, don't be frivolous with them. When possible, deposit more into your bankroll, but stick to your plan. Remember, this is your money, and you want it to grow. When you reach your goal, increase your bet size accordingly, and keep at it.
If you don't have the discipline to do this with a small bankroll, you shouldn't be wagering larger amounts of money.
This is the unglamorous answer, but consistency is the key to long term profitability in sports betting. You can take the professional route and treat every bet seriously, or you can take the degenerate route and play recklessly in the hopes of a big score.
If I was in your position, I would set my betting unit size at $3 (2% of BR) to start and stick to flat betting on straight wagers only.
$3 dollar bets? Is that money management? Why not just get bold and throw that $150 into one pick before deciding on money management strategies?
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Wilforth
Restricted User
05-10-08
16309
#30
Originally posted by pavyracer
Bet $5 a game for fun till you lose it all. $150 is not a bankroll.
This is the best thing I've read all day.
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stats13
SBR MVP
06-29-09
1687
#31
I'd pick my 6 best NCAA games this weekend and go $25 risked a pop. But if you are serious, use suicidekings answer
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suicidekings
SBR Hall of Famer
03-23-09
9962
#32
Originally posted by Wilforth
$3 dollar bets? Is that money management? Why not just get bold and throw that $150 into one pick before deciding on money management strategies?
The first and most important thing for any sports bettor to learn is good money management. Without it, everyone ultimately gives it back to the books...
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MastaB
SBR MVP
11-08-08
2604
#33
All in
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2daBank
SBR Aristocracy
01-26-09
88966
#34
fuk it put all on pit-3 2marro buy the hook. after that hits then start stressin bout money management or after that hits find 1st early gm u like sat and put what u won on pit on the next 1 keep doing it all day hell if u lose it only 150 fuk it!! GL
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MTek
SBR MVP
11-18-08
1381
#35
Originally posted by gavin
this is the safest
I agree with this philosophy, its a little boring but you can add to your bankroll slowly, this is also a decent way to put some $$ into "action" to meet your rollover requirements