Originally posted on 01/10/2013:

Depends on your bankroll.

We always say, Never bet more then %5 of your bankroll but it applies to small bankrolls. As your bankroll gets large, you have to decrease %.

I think it's okay to bet %5 if your bank is smaller then 1000-2000€. Since you have nothing to lose. Even if you lose this money, it won't be end of the world.

Something very funny I observed between bettors, (not talking about you btw, it's about other people) Some people say, I raised my bankroll to 3500 from 350. It makes x10! So if I had started with 5000, I would make 50,000. LMAO.

Managing 2000€ and 40,000€ are different things..this is something people don't understand.

Anyway, let's get to your post. If you ask for my advice,

Smaller then 2000€, %5 is okay.
2000€ - 5000€ %4
5000€ - 10,000€ %3
20,000€ - 50,000€ %2
50,000€ + %1

PS: Number of plays is another factor. A punter who bets 3 games/day (90 games/month) and a capper who bets 10 games/day -sometimes 30 picks/day- (NCAA?) should use different %.