Hi, my friends!
I'm just started my 2nd season of "serious" betting on the MLB.
After my first good season of MLB (over 54% win) i'm tuning my money management and i'm undecided on 2 "prudent" solutions:
option 1: fixed bets: I bet the 2% of the initial value of my bank for all the season;
option 2: proportional bets: I bet the 2% of the max value of my bank;
The option 1 is the more conservative strategy: If I win, I win less, but similar, if I lose, i lose less.
The option 2 is more aggressive: if i win, my base stack grow slowly, so if i'm steadily over the 52,5% of hit rate, then at the end of the year i have a greath additional winning.
The problem is that this option 2 is seriously limited from the results in the end-season: if i win at April (with a 10$ units) but I lose at the end season (with 15$ units) i can end the season in red easily.
what is your suggestion? Option 1 or Option 2?