The reason I ask is because I want to know if I am using a bad system, popular system, unique system, or if there is flaw in the way that I manage mine.
I start the season with a bankroll that I intend to last the entire regular season. The bankroll to me is the amount I am willing to invest into the season and can afford to lose all of it at the worst case scenario.
Let's say I want to invest $20k for my bankroll. This amount gets divided equally into 17 weeks. BTW, I am using a spreadsheet.
That leaves me with $1,176 to bet in Week 1.
After each week, the amount won or lost is added to the bankroll and recalculated. (New $ amount/16 weeks, and so forth) Obviously the more you win, the more you will can put into play the following weeks which to me makes sense, since you should know teams better as you get deeper into the season.
Example: Let's say after Week 1, I am up $500 after juice. $20,500 gets divided into 16 weeks. Week 2 I can play up to $1,280 - Even if I lost all $1,176 in Week 1, I still have $1176 to bet the following week since this is all budgeted out from the beginning.
The philosophy is simple, the more I win, the more I can put into play the following weeks. If I lose every single bet, I still am within budget to lay bets for the entire season.
Thoughts?