Originally <a href='/showthread.php?p=16047148'>posted</a> on 09/17/2012:

Theirs so much you need to learn before you start risking your money. I like the idea that your betting very few games and I suggest continuing this for a while until you get a better understanding.
I wouldn't suggest risking more than 5% of your bankroll on any bet and even 5% is too much. 2%-3% is perhaps the right #. I personally bet 2.5 %. Stay away from parlays. Your gonna have bad runs their inevitable. You should be willing to accept losing 7-8 in a row as this will eventually happen. Also lose with your own bets don't blindly tail anyone especially the people here. You will go broke very fast. If you keep betting 1/3 of your bankroll its almost guaranteed that eventually you will have a bad run and go broke so of course no pass.