Betting on credit and bankroll management question

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Mr. Peepers
    SBR MVP
    • 09-22-09
    • 1425

    #1
    Betting on credit and bankroll management question
    My scenario: $1000 balance. Profit/Losses paid out weekly and balance resets to $1000 for the upcoming week. My goal to to make a profit every week wether it is $10 or $300. My question is: What would be the best plan of attack to ensure I end up a winner week in and week out? Should I be flat betting, bet a general 1-3% of a available roll, or use a system of some sorts?

    Any suggestion would be great appreciated.

    Thank you!
  • pimike
    BARRELED IN @ SBR!
    • 03-23-08
    • 37139

    #2
    Don’t bet with credit
    Comment
    • turbobets
      SBR Wise Guy
      • 01-13-06
      • 999

      #3
      Originally posted by Mr. Peepers
      What would be the best plan of attack to ensure I end up a winner week in and week out?
      This expectation is not realistic. Maintain a cash bankroll equivalent to your available credit. Bet 2% of bank if you can't calculate/quantify your edge.
      Comment
      • TommieGunshot
        SBR MVP
        • 03-27-12
        • 1601

        #4
        Bet to win $10 on one game the first day of the week. If it win, you're good for the week. If it loses, bet the next game to win back your losses + $10. If it wins, you're good. If it loses, bet the next game to back all your losses from those first two games + $10. Keep doing that all week. Eventually you will get crushed, but you could go for a lot of weeks before that happens.
        Comment
        • Roger T. Bannon
          SBR Hall of Famer
          • 06-28-18
          • 5139

          #5
          Bet $10 per game. If you like a game a lot, bet $20. If you get up $500 on $10-$20 bets, start increasing your bets. If you get down $500, quit. Don't try to get back to even. When it looks like it is over, it is.
          Comment
          • Altuve Cedeno
            SBR High Roller
            • 11-24-17
            • 210

            #6
            Originally posted by pimike
            Don’t bet with credit
            Bookie told me if he doesn’t ever get mushed, he’s not giving out enough credit
            Comment
            • BETTIX
              SBR Rookie
              • 12-05-13
              • 16

              #7
              give up betting..
              Comment
              • themike78
                SBR MVP
                • 07-01-13
                • 4873

                #8
                10 team parlay every week. $10 profit? What's the fukin point of gambling to make $10?
                Comment
                • nickfolker23
                  SBR Wise Guy
                  • 09-27-20
                  • 547

                  #9
                  Originally posted by TommieGunshot
                  Bet to win $10 on one game the first day of the week. If it win, you're good for the week. If it loses, bet the next game to win back your losses + $10. If it wins, you're good. If it loses, bet the next game to back all your losses from those first two games + $10. Keep doing that all week. Eventually you will get crushed, but you could go for a lot of weeks before that happens.
                  Excelletn advice to a weird question!
                  Comment
                  • PaperTrail07
                    SBR Posting Legend
                    • 08-29-08
                    • 20423

                    #10
                    The micro martingale LOL....
                    Comment
                    • PaperTrail07
                      SBR Posting Legend
                      • 08-29-08
                      • 20423

                      #11
                      whole 1K on the first bet....you lose that's your week......pay it off and move on.....you win....don't drop your bet size and try for a small streak.....the key here is not buying in again for the week if you lose swipe 1.....
                      Originally posted by Mr. Peepers
                      My scenario: $1000 balance. Profit/Losses paid out weekly and balance resets to $1000 for the upcoming week. My goal to to make a profit every week wether it is $10 or $300. My question is: What would be the best plan of attack to ensure I end up a winner week in and week out? Should I be flat betting, bet a general 1-3% of a available roll, or use a system of some sorts?

                      Any suggestion would be great appreciated.

                      Thank you!
                      Comment
                      • Sports Doc
                        SBR High Roller
                        • 10-02-20
                        • 190

                        #12
                        thats if you have a Losing problem If winning w $$ mgt. can work but rate you bets small reg large xl{gm of month]

                        The key is dont chase your losses & have a bankroll of cash you can afford to lose

                        otherwise play 5$ scatch offs to win $$4 life
                        Comment
                        • deeppckts
                          SBR Wise Guy
                          • 12-19-12
                          • 830

                          #13
                          Originally posted by Mr. Peepers
                          My scenario: $1000 balance. Profit/Losses paid out weekly and balance resets to $1000 for the upcoming week. My goal to to make a profit every week wether it is $10 or $300. My question is: What would be the best plan of attack to ensure I end up a winner week in and week out? Should I be flat betting, bet a general 1-3% of a available roll, or use a system of some sorts?

                          Any suggestion would be great appreciated.

                          Thank you!
                          You can't guarantee yourself profits over certain time ranges. Imagine if you wanted a guaranteed profit every 6 hours? In major sports, you'll be a multi-millionaire if you can pick 55% and yet you'll have tons of losing weeks.

                          If you have an edge, which I doubt you do or you'd be able to answer this question yourself, then the Kelly calculator can tell you how much to wager. That's all that matters, not profit benchmarks you invent for yourself.
                          Comment
                          • mjsuax13
                            Moderator
                            • 03-14-15
                            • 25062

                            #14
                            No guarantee on profits. You will win... You will lose... How you handle both is half the battle. I've buried myself both ways.
                            Comment
                            SBR Contests
                            Collapse
                            Top-Rated US Sportsbooks
                            Collapse
                            Working...