Why less than a 20 unit bankroll?

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  • Hankwins
    SBR MVP
    • 09-17-10
    • 2232

    #1
    Why less than a 20 unit bankroll?
    I deposited $1000 last night and lost 3 out of 4 on ML MLB plays.(favarorites)

    I will deposit another 1K friday and I am not betting any more than $50/game and I am not making a parlay until my account shows a profit.

    obiviously over $50 a game is retarded on on 1k bankroll if someone wants to make it last, is it really worth betting less though?(50$)
  • Duff85
    SBR MVP
    • 06-15-10
    • 2920

    #2
    Originally posted by Hankwins
    I deposited $1000 last night and lost 3 out of 4 on ML MLB plays.(favarorites)

    I will deposit another 1K friday and I am not betting any more than $50/game and I am not making a parlay until my account shows a profit.

    obiviously over $50 a game is retarded on on 1k bankroll if someone wants to make it last, is it really worth betting less though?(50$)
    Your bankroll can also include money that you haven't deposited yet. If you are able to deposit 10k at relatively short notice for the purpose of betting sports you have a 10k bankroll. I have read some on here who misunderstand bankroll management as being on a per sportsbook or per deposit basis. Obviously the cost of busting an out needs to be taken into account - that is if it was going to take you a significant amount of money movement to reload that account you might be a little more cautious with it.

    I'd suggest that your bankroll is actually more than $1k if you are comfortable betting $50 a game. Just my take.
    Comment
    • Hankwins
      SBR MVP
      • 09-17-10
      • 2232

      #3
      thanks or your input Duff, it does make sense!
      Comment
      • Sam Odom
        SBR Aristocracy
        • 10-30-05
        • 58063

        #4
        Duff makes a good point

        for example: bettor has 2 off-shore accts = 2,000 , a cash LOCAL with a 2K limit , a PPH with a 2K limit and 5K in reserve gambling cash

        50.00 bets are on the very conservative side , 100-125 would be ok
        Comment
        • GunShard
          SBR Posting Legend
          • 03-05-10
          • 10031

          #5
          Bankroll Management. You should only be betting 1% to 10% of your total bankroll.

          $50 is 5%, since you seem to lose at that percentage, lower it down from $10 to $40.
          Comment
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