advice with money management

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  • breathmints
    SBR MVP
    • 02-16-10
    • 1691

    #1
    advice with money management
    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
  • MadTiger
    SBR MVP
    • 04-19-09
    • 2724

    #2
    You have to preserve your bankroll during long losing streaks.

    2% = $20 bets
    5% = $50 bets

    Somewhere in there.
    Comment
    • Daveyboy
      SBR MVP
      • 05-12-10
      • 1317

      #3
      Open a bank account and deposit there
      Comment
      • doublej95
        SBR Posting Legend
        • 01-26-10
        • 14094

        #4
        Originally posted by breathmints
        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

        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_mathman
          SBR Sharp
          • 01-04-11
          • 312

          #5
          29 bets are a
          very small sample.

          if you don't want wait more then use a 2% stake.
          Comment
          • magynuck
            SBR Wise Guy
            • 09-17-09
            • 891

            #6
            most who ask this question their optimal bet size is 0
            Comment
            • breathmints
              SBR MVP
              • 02-16-10
              • 1691

              #7
              Originally posted by magynuck
              most who ask this question their optimal bet size is 0
              dont know what you mean my bet size is 0... i bet everyday...all day everyday .. parlay every week too
              Comment
              • That Foreign Guy
                SBR Sharp
                • 07-18-10
                • 432

                #8
                The 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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