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i started this football season with $110. currently at $467.00 the first 2 weeks were tough....betting $15-$25 .... and for the lines i felt comfortable i bet $50-$75...
i enjoy taking first half lines, and live betting...
i tend to stay away from doing much parlays...
for me this is for fun...as i enjoy watching football all day.....
good luck
I started with $100 last Saturday and have taken my best bets each day (some heavy odds) and worked it up to $700 today, usually going all-in in about 12 of the 15 plays I've made. I couldn't imagine adding a zero to my bets as I do it for the entertainment, if there was any seriousness behind it I would probably have failed by over analyzing. I've done this probably 6-8 times so far failing only once I believe... that was when I thought it would be fun to post my plays and brag alittle and ended up dying out on the first few days by forcing picks.
?Originally Posted by Crayzee
I don't know why no one else has mentioned this, but unless you are the 2% or less of the population that the gambling gods have "chosen" i wouldn't count on making huge amounts of money.
The books are in business and have been for years for the simple fact that they make money and they continually make money. I would suggest having fun with it, but to think you are going to increase your money by that much, just unrealistic, sorry to say.
C'mon now everyone at SBR is withdrawing 4 figures every 3 days. We're all rich.
Bet $10 per game on that $150. 1 or 2 games a week.
You won't live off this but you will make profit.
what started off for me as 30$ last thursday (oregon vs cal) grew into 550$. so its definitely possible.
my bank roll started as 100$ a little less then you.
i started by going straight up with 15$ wagers and when it grew to 60$ i did a couple of sure ML parlays.
then more ML parlays to be safe. a couple of lucky breaks and more ML wagers.
just bet conservative an 8 team ML parlay isnt that hard to hit and can be a good way to get the money rolling.
example.
Wisconsin -67500* vs Indiana
Florida State -450* vs Duke
Temple -1400* vs Buffalo U
LSU -870* vs Tennessee U
Alabama -6000* vs Mississippi
Oklahoma -25000* vs Kansas
Boise State -15000* vs Colorado State
Stanford -1450*
200$ to win 100$ , pretty safe bet. and easy money. well this is my stradegy to do what you wanna do and its going well
Q: how do u bet with a $150 bankroll?
A: quickly.
Kila - am curious, did you edit tickets / decrease your wagers at your cash bookies when they lost like you seem to here when betting points, or just take it like a man and admit to yourself you were wrong and move on?
Those of you who have shared your success stories, how often do you reload? Like, I understand it's possible to run $100 or so up to $500-$700, but is it from your first time deposit?
What I'm worried about is getting in a bad habit of betting more than I should, getting lucky, and falsely thinking that it is something I can manage in the long run ... If I were to go all-in 4 times in a row, and go 4-0, I would be at $2400 ... it is highly unlikely, but certainly not impossible ...
And let's say I did do that, and reach $2400 ... the worst part is, this will start a bad habit for me - it will make me think that "Since I was able to do it once, why not again?" ... this happened to me before with blackjack .. long story short: I made money playing BJ my first time and this was the worst thing that could have happened to me. I'm probably down $2500 the past 4 years from playing BJ (and yet, I still play! ... only cause I'm on the waitlist for poker) ... had I lost my first time playing, I probably would have never played again!
On the flip side though, if I follow Kelly's or other methods, I will be betting $1-2 per game ... I probably won't go broke from this, but I won't be making money either
My conclusion: Focus on my MCAT studies and learn about bankroll management, get a job, start off with a decent bankroll (maybe $50,000), and follow Kelly's ... and hopefully, I will be able to make a few thousand each year!
As for the $150, I'm just gonna have fun with it .. hopefully I won't win and get in a bad habit, haha!
My best advice is try to grind out some profits with some $10-$20 bets then once you get up like $50 do a $50 2 team parlay maybe with slight underdogs on the ML. If you hit you could have your bankroll up to about $400-$500 then do the same thing except make your smaller bets $20-$50. Take a shot every once in a while but only when up, do not go all in.
I feel like my question is similar, so I will post it in this thread. I'm in college and watch A LOT of football, so every season I throw $50 or $100 on a site to just kind of mess around and make games more interesting. In week two of college football this year (6 weeks ago) I put $55 on 5 dimes. In the past, I would typically lose it all quickly or go up to about $200 and decline the rest of the season. I decided this year I will be more disciplined with my picks, and not chase parlays. I've been strictly betting Sides, O/U, and teasers. Yesterday I looked at my account and it was up to $1000. Two weeks ago I was at $350,and I told my my roommate that $1000 is a good goal for the season. Now I'm sitting here, wondering what my betting strategy should be. It hit me today that I actually have a chance to make some good money, as well losing some good money. I've always had the mindset that if I lose it all, it's only $55 dollars. I'm not here to gloat and play the "look what I did in 6 weeks" card, I just need some advice. Should I continue betting the same? With the mindset of "I can only lose $55"...or should I be more cautious by limiting my bets for small gains, or establish a threshold of when to cash if I start losing, etc.? Any advice is appreciated. Thanks guys
I'M_LUCKY
sir, IMO, ur conclusions r fine...there is an opportunity cost to everything:
dating fine, intelligent young students or kelly betting $150... as i mentioned B4 bet quickly
good luck
LSU, unless u have done a lot of analytical work or have a really dumb ass out and u r hitting his week numbers, then u r almost certainly being lucky.
that does not mean that u will not continue to be lucky but it does mean that the probability of u doing so long term are very small.
for the average person the chance of hitting 9 from 10 are much much smaller than the chance of hitting 600 from 1000.
best of luck
Last edited by subs; 10-17-11 at 09:02 PM.
It's tough starting out like that. I wouldn't suggest going all in, but this really depends on what you are looking to get out of it, and how important this 150 is to you. I would probably do a ML college football parlay, and get some relatively easy cash. Then if you win on saturday, put the winnings on your best bet for sunday.
3 50$ 4 team parlays.
First step,deposit in an exchange or a reduced juice book.
More bang for your buck.
I turned $300 into $5500 in a month. It takes patience. Bet small ($10-25) and just make a few key picks. As you build your roll start betting heavier (up to $50) on your strongest leans. It won't be easy, but it can definitely be done. GL!
I would say with that amount of money.. bet half of it on 3 3 team parlays. If you don't hit any, try again next week. If you don't hit any, odds are its not going to be a good season for you anyways, and I'm sure you can come up with $150 again next year. I agree with the one who said with that amount of money you won't get anywhere fast playing small percentages on straight wagers.
money for fun
We all like to get paid. Your best bet, I'm_Lucky, is to be prepared to try more than once with a $150 bankroll. Other posters pointed that out. Odds are you'll eventually parlay $150 into $2000, but you'll go broke a few times at least along the way. Don't get discouraged, though. And if it ain't fun, don't do it!
I've made and tracked over 10,000 bets over the past year or so. I'm in it for the rush, and don't bet what I can't afford to lose. My "research" has actually borne out the academic stuff I cited in past posts: Books are remarkably good at setting odds. Expect to lose about 5% of your bankroll over time, and you won't be too disappointed.
So, what do you do after you get your $2000? Do you quit forever? Why bother in the first place? You can probably make $2000 working OT at your day job, right?
Casino games are fun, too, but there you're actually playing against the casino. Bookies don't usually care if you win or lose. There basically just marketmakers/brokers. As for Kelly: wantitallformoi pointed out in another post that Kelly is only as good as the accuracy of your expectation to win: Kelly is based on Information Theory: a longwinded and complicated way of saying the more you know, the better your chance of success.
Good luck with your MCAT, whatever that is. And don't take gambling too seriously. Losing a few $k shouldn't be a big deal over a few years. If it is, maybe you should find another hobby. Stay away from dope, though. In that game, you don't have a realistic expectation of getting any payback. But I digress.
I'll add perspective: a low limit sharp (lol) with a 5% edge betting $5 a game out of his BR of $150 would have an expectation of 25 cents per play. Make it rain quarters bro.
Sounds like a solid username: Raining Quarters
I don't know what I'd do with $150, but I'd probably look at Swedish Basketball or Icelandic Fishing competitions and hope to gain an edge in a market with $50 limits.
If you bet $3 on an NFL game, I might laugh at you when I saw you.
I started with 30$ as a beginner for a try.
WON:
Boise (-22) v Fresno and OVER 59 10$
Michigan (-8) 5$
LSU (-14) v Florida SOLID and parlayed w/ boise (5$) 15$
Auburn v Ark UNDER 5$
Miss St -20 v UAB
LOSS 5$
And a few others I was 8-2 and left with 78$ was very happy with results. I didn't blind pick, and also used my own knowledge. Im an Auburn student and I know SEC teams. Now I'm really getting into stats and handicaps etc. What I have learned is concentrate on one sport, do your homework, take notice to others picks but don't follow. And don't go all in out of frustration.
and all of your winnings are NOT free money to LOSE. It is YOUR MONEY. Common misconception.
It would be easier to start with a $2000 bankroll and get it to $150 in 4-6 months. That would be no problem, you could just play all of Lang's plays. (sorry couldn't be more help).
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