Looking for advice on managing bankroll

[Batato]

Hi

I am starting on betting NBA and have a 500 USD bankroll

Does anyone of you have any advice on what could be a good system to manage it? Something similar like poker 20BB ?

Thanks a lot

Batato

[B1GER1C828]

1-2% of ur bankroll PER unit.

so your unit is either 5-10 bux(id go with 10)

so if you have a 3 unit play, 30 bux, 5 unit-50 bux, etc

best way to do it.

[SamsNCharge99]

no more than 50 dollars on any bet. For me, max of $33 to win $30 on a bet at (-110) odds

once you hit 600-700, then you can increase bet size

[Masu485]

i just do a constant 10% of my bankroll for a 5 day period, then recalculate and do 10% of that for a 5 day period.

ex: if ur starting at $500, bet 50 for 5 days. if u win 300 after 5 days = $800 bankroll, recalculate, and bet $80 for the next 5 days.

you may want to do it for every 7 days or longer instead of 5 days.

[B1GER1C828]

i just do a constant 10% of my bankroll for a 5 day period, then recalculate and do 10% of that for a 5 day period.

ex: if ur starting at $500, bet 50 for 5 days. if u win 300 after 5 days = $800 bankroll, recalculate, and bet $80 for the next 5 days.

you may want to do it for every 7 days or longer instead of 5 days.

w/e you do, DO NOT follow this. Very dumb.

[johnnymapalo]

hmm, $500 is good to start with. Just bet 110 to win 100 per game. I hate doing small $50/$30 bets. Takes too long to get anywhere. I like big bets but big bets can send you to the poorhouse fast. If your a rookie stick to the under $50 bets..

[G's pks]

here is what not to do! click on link! Read all posts!!!

http://forum.sbrforum.com/nba-basketball-handicapping/139466-5000-project.html

[Razz_Donkey]

A good guideline for a $500 bankroll is 1-5% (5-25 bucks) of it in action for any given bet. The more confident you are with the bet, the higher the percentage. Parlays and teasers are a different matter.

Compared to poker its less like the 20bb minimum, and more like the 30 big buy in rule. Always have a bankroll that allows for 30 max buy ins for your game. So a $500 poker bankroll would have you playing $15 max games, which is about what your median bet size will be in sports betting. Money management is just as important in sports betting as in poker.

[Batato]

Thank you all guys

I will follow 1 - 5% and see how it goes

So far, I am following Shark79 and doing 2-0

[grappler145]

Batato, follow Samsincharge....i started with $30. and in 10 days i have $400.

[50lipa]

Best advice, win more then you lose!

[NBA Hero]

when following somebody try to analyze it a bit, so no regrets later on. nobody should blame someone else. no caretaker here.

a good thing to do is know which team is hot and dont against it. Boston is a hot commodity esp at home, but garnett is out. clev at home is still undefeated.

GL with your plays