bet 2% of your bankroll theory permanently destroyed

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  • budwiser
    SBR MVP
    • 11-22-11
    • 3226

    #1
    bet 2% of your bankroll theory permanently destroyed
    Hear a lot from guys that the only way you win is to bet 2% of your bankroll. These are guys in the industry, "experts" telling you what they know...

    It's a simple formula to permanently end this though, imo.

    Let's say you have a year.

    You can bet 10 times a year, or 100 times a year.

    The 10 times a year, you ONLY pick your best bets, and you know the chances of them winning is 63%. You bet 20% every time.

    The 100 times a year, the chances of them winning is 55%. You bet 2% every time.

    Now, which one wins out? And you gotta spend 10x to deal with the next one.
  • Optional
    Administrator
    • 06-10-10
    • 61517

    #2
    I'd probably bet all 110 per year if the odds implied better then 45% and 37% chance of winning.
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    • budwiser
      SBR MVP
      • 11-22-11
      • 3226

      #3
      Loll good point. It's entertainment
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