1. 04-28-11 10:41 PM #1
    mikeanite
    mikeanite's Avatar Become A Pro!
    Join Date: 04-13-10
    Posts: 475
    Betpoints: 582

    money management?

    that word is my achilles heel. someone who has been though this and already solve their problem, please pitch in. it is distroying me. i can pick winners but a few bad days can destroy me
    Reply With Quote Reply With Quote
  2. 04-28-11 11:20 PM #2
    eberetta1
    Win some cha-ching
    eberetta1's Avatar SBR PRO
    Join Date: 03-27-09
    Posts: 1,124
    Betpoints: 12503

    never bet more than 10 percent of your bankroll on one game...
    Reply With Quote Reply With Quote
  3. 04-29-11 02:34 AM #3
    JOHON8
    gambling fallacy
    JOHON8's Avatar Become A Pro!
    Join Date: 01-28-10
    Posts: 7,712
    Betpoints: 338

    google "gambling money management"

    There's great info out there for you on how to control yourself and your bankroll. Remember if you're not gonna be smart about it then you're gonna lose your money. The bookmakers spend billions to make sure they are ahead of you in this business.
    Reply With Quote Reply With Quote
  4. 04-29-11 04:04 PM #4
    the_mathman
    the_mathman's Avatar Become A Pro!
    Join Date: 01-04-11
    Posts: 312
    Betpoints: 2360

    yes,
    a good search on google is the best and rapid solution!
    Reply With Quote Reply With Quote
  5. 05-23-11 11:39 PM #5
    Nolimit1163
    Nolimit1163's Avatar Become A Pro!
    Join Date: 10-15-09
    Posts: 117
    Betpoints: 6

    Was going to ask the very exact same question...but googling it has definitely helped!
    Reply With Quote Reply With Quote
  6. 05-24-11 01:05 AM #6
    goblue12
    goblue12's Avatar Become A Pro!
    Join Date: 02-08-09
    Posts: 1,316
    Betpoints: 453

    Each day, you have a set bankroll that you devote to sports betting that you're comfortable losing. Let's say that bankroll is $2,000.

    When you're evaluating the daily card, you calculate edges, anywhere between 1 and typically as high as 5. Those are your units. 1 unit = 1% of the daily bankroll = $20.

    If you have a "bad day" (lose roughly 5 units) you are down to $1900. Tomorrow use $19 per unit.

    Just keep tightening up during cold streaks and increasing your units during hot streaks.
    Reply With Quote Reply With Quote
  7. 05-24-11 01:15 AM #7
    warriorfan707
    SBR Poster of the Milennium
    warriorfan707's Avatar Become A Pro!
    Join Date: 03-29-08
    Posts: 13,698
    Betpoints: 0

    Quote Originally Posted by eberetta1 View Post
    never bet more than 10 percent of your bankroll on one game...
    Reply With Quote Reply With Quote
  8. 05-24-11 01:44 AM #8
    Inspirited
    Inspirited's Avatar SBR PRO
    Join Date: 06-26-10
    Posts: 1,783
    Betpoints: 17840

    i just flat bet 2% per game.
    Reply With Quote Reply With Quote
  9. 05-24-11 05:05 AM #9
    That Foreign Guy
    I got sunshine in a bag
    That Foreign Guy's Avatar Become A Pro!
    Join Date: 07-18-10
    Posts: 432
    Betpoints: 3069

    Quote Originally Posted by mikeanite View Post
    that word is my achilles heel. someone who has been though this and already solve their problem, please pitch in. it is distroying me. i can pick winners but a few bad days can destroy me
    For you I recommend betting 0% of bankroll on each pick.
    Reply With Quote Reply With Quote
  10. 05-24-11 03:37 PM #10
    the_mathman
    the_mathman's Avatar Become A Pro!
    Join Date: 01-04-11
    Posts: 312
    Betpoints: 2360

    Quote Originally Posted by Inspirited View Post
    i just flat bet 2% per game.

    I too. I bet the 2% of my total bank for every game.
    Reply With Quote Reply With Quote
  11. 05-24-11 03:55 PM #11
    wiffle
    wiffle's Avatar Become A Pro!
    Join Date: 07-07-10
    Posts: 610
    Betpoints: 13

    you should always bet the same amount for every game















    0%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    Reply With Quote Reply With Quote
  12. 05-24-11 06:06 PM #12
    tukkk
    ★★★★★
    tukkk's Avatar Become A Pro!
    Join Date: 10-04-10
    Posts: 391
    Betpoints: 1

    Quote Originally Posted by wiffle View Post
    you should always bet the same amount for every game















    0%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    +LifeEV
    Reply With Quote Reply With Quote
  13. 05-24-11 06:50 PM #13
    wiffle
    wiffle's Avatar Become A Pro!
    Join Date: 07-07-10
    Posts: 610
    Betpoints: 13

    you being op (and most here at sbr). not everyone tho
    Reply With Quote Reply With Quote
Top
« Previous Thread | Handicapper Think Tank | Next Thread »