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What is a good winning percentage in betting?

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  • GeniusBetter
    SBR Rookie
    • 11-22-10
    • 21

    #1
    What is a good winning percentage in betting?
    I'm new to betting. I started at the beginning of this month (November 1st) and at the moment I'm up 296% in earnings. I don't know if this is just some incredible streak that I'll never do again, or just good betting. I usually bet on NBA games and a couple NFL games on Sundays. How much are you guys up this year? Thanks!
  • Nookx
    SBR Sharp
    • 12-17-07
    • 486

    #2
    >52.4% and 296% in one month is unheard of unless ur using bad bankroll management or are betting more then basic spreads and totals.
    Comment
    • balls2wall
      SBR MVP
      • 12-20-09
      • 2642

      #3
      Originally posted by Nookx
      >52.4% and 296% in one month is unheard of unless ur using bad bankroll management or are betting more then basic spreads and totals.


      good post

      I agree

      It sounds like you either started out on a good lucky streak and, or you are betting way too high of % of your bank roll.

      The advice I would give is to be thankful for the great start and take this opportunity to scale your units way down. If you start losing you still have that huge cushion you built up last month that is all house money.

      Somewhere between 1% and 5% of your BR per bet would be a good general range.

      With that being said, nice start. Keep it up!!
      Comment
      • kubuthecell
        SBR Hustler
        • 10-13-10
        • 64

        #4
        the one which brings profit
        Comment
        • Whippit
          Restricted User
          • 04-29-10
          • 3065

          #5
          anything < 296.5% not so good
          Comment
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