[Ez Money 77]

I would say 90% of the bets I make are more than 10% of my bankroll. Well gambling bankroll (balance) I only deposit like $100-$300 and if I lose then I deposit again when I can. So for me to put in $200 and bet less then $20 bets I feel I wouldn't even get a rush. I almost always have most of my balance in play on most days. I spread it out and usually don't lose everything but days like today things are different. Most of my bets I try to keep between $50-$100 if I have $500 or more in my account. I use to bet a lot more parlays but I have done a lot less parlays then I use to. I hit a 25 team open parlay, all money lines back in December on 5dimes. Was a lot of fun but I think it was very lucky and I try to stay away from those now.

[Mac4Lyfe]

You have to be careful betting high % of your bankroll. It is not uncommon to go on 5, 6, 7... 10 game losing streaks. So you're exposing half to almost all your bankroll on a few plays. That's not smart. You should bet around 2 percent of your bankroll, no more than 5 percent.

Read this...

http://www.freeunderdog.com/bankroll-management.html

[Ez Money 77]

2% ? No more than 5%? I mean really? I deposit say $200 and my bets should start at $4 ? That's just silly. If I lose all my balance in a day or two then I just deposit again sometime when I want/can afford to. I promise u though I won't be betting $4 bets.

[Frisco]

You have to be careful betting high % of your bankroll. It is not uncommon to go on 5, 6, 7... 10 game losing streaks. So you're exposing half to almost all your bankroll on a few plays. That's not smart. You should bet around 2 percent of your bankroll, no more than 5 percent.

Read this...

http://www.freeunderdog.com/bankroll-management.html

If i really like a play i will bet up to 20% of my bankroll on it, but i only do this when i have the chance to hedge it live in case things get out of hand. Consistently betting 10% means that after just 3 or 4 losses you are already close to being on tilt.

[Ez Money 77]

Okay just read that article and it is kinda funny because when they talk about the bettor that is betting 20% of his bank roll and loses they say he bets the 20% again. When they start talking about the betting 2% bets later they say that u can never lose because u just bet 2% of your remaining bankroll. Um can't u just do that but betting 20% of your remaining bankroll each game? The guy starts with $1000, loses the first game has $780 then bets $156 (20% of remaining balance) he will also not go broke? I mean when does anyone bet 1%-5% if their bankroll starts or gets under $200? Right idea just no practical. I bet/gamble for the rush and I promise u that if I am betting $4 a game I am gonna rush to bet more.

[sweethook]

77 your one of the smart guys here , go easy man. hit it like you know how bam .. gl

[PR9]

Sports Gambling 101 - LAWS and BY-LAWS

NEVER put all your nest eggs in one basket and leave them unattended expecting them to hatch! Do your own HW and put some time and effort into your own plays! NEVER blow your load all over one game! This is a marathon and NOT a sprint to the finish line! We are NOT gonna find one beauty and stay married to her! In fact, we are gonna walk down the hill and fukkemall !!!

NEVER chase lost money! She's gone so let her go you damn stalkers! Manage your money and games accordingly! Have a predetermined game plan so you are ALWAYS shooting from the hip and holster at all times! Sometimes it may be with both guns blazing but NEVER shoot from your ass with one eye opened!

NEVER bet what you cannot afford! NEVER rob Peter to pay Pauly! NEVER count a game over until the clock has expired! NEVER dwell on exgf's because there are more out there that need poundings!

Move forward and stay focused! ALWAYS expect the worst that can possibly happen! Anything truly is possible! Back door covers have been robbing many blind! The moose has been on the loose and fukin many from the behind lately!ALWAYS treat people kindly and fairly! KARMA is a real motha fuker in this game! Be patient, disciplined, organized, and prepared! NEVER go home mad!

ALWAYS be prepared for the dark clouds and storms to roll in but enjoy the sunny days while you can!NEVER just post criticizing negative comments about someone else's well researched, well documented, and well prepared hw unless you can support your side with valid facts and information! They have spent numerous hours in an attempt to better us all financially so we can keep milkin' our individual cash cows!

NEVER be an asshole just because you can! ALWAYS try to support your opinion with valid reasons and not just an opinion.

Good luck

[BernardMadoff]

Just bet the opposite of what you think.

[Thurgood]

went on tilt for the first time in years last night and blew 4k in the online casino playing blackjack in a matter of 10 minutes

disgusting... just glad I stopped before I completely crippled myself before baseball


just go to bed... tomorrow is a new day

Damn dude if you can blow 4k playing online blackjack just stop working.

[BernardMadoff]

Sports Gambling 101 - LAWS and BY-LAWS

NEVER put all your nest eggs in one basket and leave them unattended expecting them to hatch! Do your own HW and put some time and effort into your own plays! NEVER blow your load all over one game! This is a marathon and NOT a sprint to the finish line! We are NOT gonna find one beauty and stay married to her! In fact, we are gonna walk down the hill and fukkemall !!!

NEVER chase lost money! She's gone so let her go you damn stalkers! Manage your money and games accordingly! Have a predetermined game plan so you are ALWAYS shooting from the hip and holster at all times! Sometimes it may be with both guns blazing but NEVER shoot from your ass with one eye opened!

NEVER bet what you cannot afford! NEVER rob Peter to pay Pauly! NEVER count a game over until the clock has expired! NEVER dwell on exgf's because there are more out there that need poundings!

Move forward and stay focused! ALWAYS expect the worst that can possibly happen! Anything truly is possible! Back door covers have been robbing many blind! The moose has been on the loose and fukin many from the behind lately!ALWAYS treat people kindly and fairly! KARMA is a real motha fuker in this game! Be patient, disciplined, organized, and prepared! NEVER go home mad!

ALWAYS be prepared for the dark clouds and storms to roll in but enjoy the sunny days while you can!NEVER just post criticizing negative comments about someone else's well researched, well documented, and well prepared hw unless you can support your side with valid facts and information! They have spent numerous hours in an attempt to better us all financially so we can keep milkin' our individual cash cows!

NEVER be an asshole just because you can! ALWAYS try to support your opinion with valid reasons and not just an opinion.

Good luck

I turned $500 into over $37,000 in about 19 days putting my eggs in one basket a couple years ago.

[paranoyd androyd]

you'll be much much happier once your balance is $0

[Thurgood]

I turned $500 into over $37,000 in about 19 days putting my eggs in one basket a couple years ago.

Did you just keep betting your entire BR on one game?

[BernardMadoff]

Did you just keep betting your entire BR on one game?

No, but initially I bet the first $500 on one event, then I did something I havent done in a long time, something I considered a sure win was Lakers first round, I parlayed that with something like a -120 spread on a game and I did that same Laker playoff round with the opposite side of that game, since Lakers was a sure win to me, in my mind Id profit regardless. After that I hit many in a row, I played Suns alot in that series against the Spurs, doing full game, quarter and 2nd half bets, Spurs were being overvalued, books seem to want people to think this was the Spurs of old, well old they were but couldnt keep up with the Suns scoring. Im sure I played some tennis and other stuff too, I was just really hot during that period, remember placing $5000 on Celtics game 6 against Lebron and the Cavs, that was a must win for the Celts and I knew they were thinking that way, but I never bet that amount on a single game, but did then, also remember putting $2,000 on VCU in the CBI tourney which is a best of 3, they had won the 1st game and many thought it would go to the 3rd game and it almost did, VCU was losing the entire game until like the last 2 or 3 minutes, was just a really on fire time for me.

[Illusivecone]

If your having difficulties with the 1-5% thingy, a poster awhile ago preached something called the "stairway to heaven" method.

Divide your BR in 9, this is ur unit size. Only have 1 bet running at a time. Readjust unit size after every game.

If your a profitable capper, your BR will grow. Unprofitable, it will take you longer to bust.

I think he still posts under another username...

[Illusivecone]

No, but initially I bet the first $500 on one event, then I did something I havent done in a long time, something I considered a sure win was Lakers first round, I parlayed that with something like a -120 spread on a game and I did that same Laker playoff round with the opposite side of that game, since Lakers was a sure win to me, in my mind Id profit regardless. After that I hit many in a row, I played Suns alot in that series against the Spurs, doing full game, quarter and 2nd half bets, Spurs were being overvalued, books seem to want people to think this was the Spurs of old, well old they were but couldnt keep up with the Suns scoring. Im sure I played some tennis and other stuff too, I was just really hot during that period, remember placing $5000 on Celtics game 6 against Lebron and the Cavs, that was a must win for the Celts and I knew they were thinking that way, but I never bet that amount on a single game, but did then, also remember putting $2,000 on VCU in the CBI tourney which is a best of 3, they had won the 1st game and many thought it would go to the 3rd game and it almost did, VCU was losing the entire game until like the last 2 or 3 minutes, was just a really on fire time for me.

Ugh, I remember that Celtics game. Lost 20k on it, biggest loss ever for me.

[mh217]

You need to change your betting strategy...the other day you posted going 8-1 and winning like 300 bucks...and you said you were happy!....if that was me i would have won a few grand...and that's keeping in mind a small 200 or 300 deposit...you have to send it in when you are hot, thats what this game is about..if you go 8-1 and don't win a couple of grand it's already a mess...by your betting style you would need to be going like 24-3 to win not even a grand...lol....no point betting a 2 hr game for a few bucks, you can make that working minimum wage...send it in when you are hot and win a few grand..then withdraw and start small again..gl!

[Nick Papageorgio]

press press press until you hit something you can work with. 1g+

[BernardMadoff]

Did you just keep betting your entire BR on one game?

Also I put alot of time into it, Im always doing research on my plays, Im online alot, if Im driving Im looking at stuff on my phone, pretty sick I know, and live play is your friend, if used correctly and looking for value you can do really well. In tennis, and with all sports it can be a friend and an enemy, best thing to remember is dont have any knee jerk reactions to situations, in tennis you can lose alot of money by having quick reactions, especially after a player wins the first set, odds increase many times tremendously and the knee jerk bettor more than likely will jump on that player at high odds, only to see him or her, lose the 2nd set and the match. Thats in all sports though, but knowing the players and teams are key, besides you can get down on both players/teams with live play and create arbitrage for yourself, a no lose situation, but sure enough books clean up on knee jerk reactors, stay away from that, you want to place your bets with VALUE in mind.

[BernardMadoff]

Ugh, I remember that Celtics game. Lost 20k on it, biggest loss ever for me.

Are you serious about 20k?

[jjgold]

Mh makes some good points as do others

A lot of good actually came of this threads

[MrXYZ]

A friend of mine once said proper money management only means losing everything more slowly. I laughed at the time but it's absolutely true.

Good luck Ez,

[BIGDAY]

Dang, that suks. Pound the hot streeks. Lay off on the cold ones.

[Ez Money 77]

Thing is that's what I did. I pounded the hot streak and got pounded right back.

Also for the dude who made $500 to $thousands.... why did u b et Lakers (sure bet) parlayed to both sides or a game. Doesn't that just win won lose one if the Lakers win. You don't lose the juice if u would have just bet the Monet of bothparlays on Lakers straight up.

[wrongturn]

The only money management that matters is that pay bills first, and then enjoy gambling with the rest. If you get the priority reversed, you are screwed no matter what percentage you are betting.

[milwaukee mike]

The only money management that matters is that pay bills first, and then enjoy gambling with the rest. If you get the priority reversed, you are screwed no matter what percentage you are betting.

[shadymcgrady]

Ugh, I remember that Celtics game. Lost 20k on it, biggest loss ever for me.

I know the feeling, I did it a yr or two earlier with Detroit and lebron. Big loss in the first half when lebron stepped on the line and refs counted it as 3. Went on tilt lost more on 2nd half and of course the entire game as well. The NBA is where amazing happens...

[pepero428]

Man the Heat really did it to me again today. I am always a sucker on those small lines on the road. If they would have dominated like I thought I would have won so much today (Clippers ML would be pending) I would have been up about $700 instead I am down about $700. That's a pretty big ass swing. Miami ML looks like it will be a $700 swing all by its self.

you too huh? heat cost me potential 2k, everything else in my parlay hit, if only I placed the parlay AFTER I found out about how bad pacers wanted the game

[BernardMadoff]

Thing is that's what I did. I pounded the hot streak and got pounded right back.

Also for the dude who made $500 to $thousands.... why did u b et Lakers (sure bet) parlayed to both sides or a game. Doesn't that just win won lose one if the Lakers win. You don't lose the juice if u would have just bet the Monet of bothparlays on Lakers straight up.

Not totally understanding the question youre asking.

[Mac4Lyfe]

2% ? No more than 5%? I mean really? I deposit say $200 and my bets should start at $4 ? That's just silly. If I lose all my balance in a day or two then I just deposit again sometime when I want/can afford to. I promise u though I won't be betting $4 bets.

Obviously, you don't mind reupping your hard earned money since you don't mind redepositing whenever you want to. You should be pissed if you have to reupp and actually stop betting. I have a set limit for Football, Baseball and basketball. Once I reach my limit in a season, I'm done betting that sport for that year. If it doesn't make you money... STOP DOING IT!!!

If you don't like betting $4 then increase your bankroll. If you can't increase your bankroll, you probably shouldn't be gambling anyway

[Ez Money 77]

No, but initially I bet the first $500 on one event, then I did something I havent done in a long time, something I considered a sure win was Lakers first round, I parlayed that with something like a -120 spread on a game and I did that same Laker playoff round with the opposite side of that game, since Lakers was a sure win to me, in my mind Id profit regardless.

This is what doesn't make sense to me. If you are sure that the Lakers were a sure thing why would u parlay them to another team AND the other teams opponent? Why not just bet everything on just the Lakers? Doesn't make any sense to have 2 parlays with Lakers/Team A and Lakers/Team B.

[BernardMadoff]

This is what doesn't make sense to me. If you are sure that the Lakers were a sure thing why would u parlay them to another team AND the other teams opponent? Why not just bet everything on just the Lakers? Doesn't make any sense to have 2 parlays with Lakers/Team A and Lakers/Team B.

Checked back in my archived wagers, I said it wrong at first. What I did was take Lakers series and parlayed it with a tennis match of like -300, then Lakers with the other side of +240. Basically if the -300 wins it would only win about $60, but the dog had a good chance to win in that match, which would have paid 2:1. Long time since I did that, didnt think Lakers would lose and they didnt but anything could have happened.