lets say you are following someone.. and you have a bankroll of 1000 ... how would you keep your money using the money management? lets say the guy went on a 20-9 run
advice with money management
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breathmintsSBR MVP
- 02-16-10
- 1691
#1advice with money managementTags: None -
MadTigerSBR MVP
- 04-19-09
- 2724
#2You have to preserve your bankroll during long losing streaks.
2% = $20 bets
5% = $50 bets
Somewhere in there.Comment -
DaveyboySBR MVP
- 05-12-10
- 1317
#3Open a bank account and deposit thereComment -
doublej95SBR Posting Legend
- 01-26-10
- 14094
#4
best to stick to a flatbet of 2% to 4% of your bankroll. It really does not matter if he is on a 20-9 run anyone can turn cold and go on a bad streak. if you are bumping your bets up just cause the guy is hot if and when he goes on a bad streak you will be throwing away your winnings.Comment -
the_mathmanSBR Sharp
- 01-04-11
- 312
#529 bets are a
very small sample.
if you don't want wait more then use a 2% stake.Comment -
magynuckSBR Wise Guy
- 09-17-09
- 891
#6most who ask this question their optimal bet size is 0Comment -
That Foreign GuySBR Sharp
- 07-18-10
- 432
#8The optimal bet size for a -EV bet is 0. He is suggesting that people who ask this type of question tend to make -EV bets.
That you didn't get this is another sign your optimal bet size is zero.Comment
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