Originally Posted by
Vitooch
Here's my situation: I started with 50 dollars, and did pretty well making a few, solid, straight up bets each event (profited on Cormier over Silva, Ellenberger over Shields). Realizing I can actually make good money off MMA betting considering my initial success, I deposited more money (300 more), but started making way more prop bets and hedge bets. In my last two events doing that, I haven't seen as much success and am down to 162. I think I should continue to bet more than 2%/3%, but make less prop bets.
I think I'm going to heed Kaladarus's advice and continue to make 5%-10% bets until I make enough to actually follow good bankrll management. But at this point I'm better off betting a bit riskier until I make a reasonable profit.