How Much Money Is It Safe To Leave In A Sportsbook Before You Should Withdrawl Money?

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  • Darkside Magick
    SBR Posting Legend
    • 05-28-10
    • 12638

    #36
    anything over 2k...it aint money til it is in your hands!!!!

    wash..rinse...repeat!!!
    Comment
    • Arilou
      SBR Sharp
      • 07-16-06
      • 475

      #37
      The safest books are safe, although obviously not infinitely safe, and a large roll doesn't tempt them to try and take it. The risk is that the book goes entirely broke or otherwise faces a disaster, a la Full Tilt. If you have use for the money at 5 Dimes, put it there, and don't obsess over it.
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388208

        #38
        Big Difference in trust Euro vs American Books
        Comment
        • John Dough
          SBR MVP
          • 09-21-05
          • 1785

          #39
          Originally posted by John Dough
          Ridiculous question as the answer depends on your net worth, risk tolerance, and many other factors.

          The answer will vary GREATLY from one person to the next.
          Still this.
          Comment
          • pologq
            SBR Posting Legend
            • 10-07-12
            • 19899

            #40
            personally for my situation i would start withdrawing once i hit 10,000. the closest i came was getting to around 8400 at betonline before going on a cold streak. you need to leave enough in there where you can still bet substantial and get a decent payout (of course depending on your financial status).

            i agree though, the less you have in the less tempted you are to use it and it forces you to rethink your bets.
            Comment
            • caveira
              SBR Wise Guy
              • 08-07-11
              • 532

              #41
              "but the bottom line is how comfortable do you feel , what is YOUR limit"

              Exactly! Everyboby has your own limit, don't let there more than you can lose.
              Comment
              • Aquaplex
                SBR High Roller
                • 09-07-12
                • 143

                #42
                I think the OP is not talking about individual's limit or comfort. It has more to do with books trying to take your money once u hit certain balance. I would like to know about that as well. I can be rich and have 100k in a book, which would be peanuts to me, but might be something a book would try to screw you out of.
                Comment
                • Scooter
                  SBR MVP
                  • 01-15-07
                  • 1159

                  #43
                  John Dough - Originally Posted by John Dough"Ridiculous question as the answer depends on your net worth, risk tolerance, and many other factors.

                  The answer will vary GREATLY from one person to the next."





                  Originally posted by John Dough
                  Still this.

                  Yes. And likewise, ridiculous answers by those taking the question seriously.
                  Comment
                  • Scooter
                    SBR MVP
                    • 01-15-07
                    • 1159

                    #44
                    Originally posted by Pete0
                    fixed !
                    Well, of course that's obviously what I meant!
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388208

                      #45
                      offshore the most 10k

                      Europe, Asia, Australia approx 100k
                      Comment
                      • PAYTON20
                        SBR Hall of Famer
                        • 02-02-10
                        • 5217

                        #46
                        Originally posted by Aquaplex
                        I think the OP is not talking about individual's limit or comfort. It has more to do with books trying to take your money once u hit certain balance. I would like to know about that as well. I can be rich and have 100k in a book, which would be peanuts to me, but might be something a book would try to screw you out of.
                        keep posting on SBR bragging about peanuts lol
                        Comment
                        • Aquaplex
                          SBR High Roller
                          • 09-07-12
                          • 143

                          #47
                          Originally posted by PAYTON20
                          keep posting on SBR bragging about peanuts lol
                          I wasn't implying i had 100k, i was using that figure as an example.
                          Comment
                          • v1y
                            SBR MVP
                            • 05-02-11
                            • 1138

                            #48
                            Originally posted by MeatWad
                            I regularly lost 4 and even 5 figures in one hand at Fulltilt, yet they now owe me considerably more than I would ever lose in one hand. I think the bottom line is you should never have more on a site than neccessary. It is too easy to reload and the legality of offshore betting in the US makes limiting your financial investment/exposure in these companies a wise move. Why have the unneccessary risk of having much more than a weekend's worth of bets on any site.
                            3 to 5 thousand is a weekend's worth of bets for me.
                            Comment
                            • bruceBRUCEbruce
                              SBR MVP
                              • 06-20-09
                              • 2560

                              #49
                              Originally posted by paranoyd androyd
                              how is sports betting worth anyone's time by keeping $2K to $3K max at a book?
                              Originally posted by paranoyd androyd

                              who said anything about doing this for a living? if $2K-$3K is really worth that much to you to the point of unnecessary stress, you shouldn't be betting anyway.
                              Frankly, your posts on this topic make no sense. Who said anything about unnecessary stress?
                              I would guess that the large majority of gamblers have less than 3k deposited at online books.
                              For the casual gambler who does this as a recreational hobby, it's clearly worth their time to keep "only" 2-3k at an online book.
                              Shit, if your unit size is $50, 3k is 60 units, plenty of scrilla.
                              Comment
                              • seaborneq
                                SBR Posting Legend
                                • 09-08-06
                                • 22556

                                #50
                                Originally posted by seaborneq
                                No more than 2500 at ANY book at ANY time.
                                I know this is a bad time to bring it up, but its just like gun control after a shooting. Live and learn. No one stays in business without making money, no different for sportsbooks. Get those 50k balances out of any book now!!!!!!
                                Comment
                                • John Dough
                                  SBR MVP
                                  • 09-21-05
                                  • 1785

                                  #51
                                  No one can answer this question. It depends on your bankroll/wealth and risk tolerance. As an extreme example, the answer will vary GREATLY between a multi-millionaire and someone with very little disposable income.
                                  Comment
                                  • seaborneq
                                    SBR Posting Legend
                                    • 09-08-06
                                    • 22556

                                    #52
                                    Originally posted by John Dough
                                    No one can answer this question. It depends on your bankroll/wealth and risk tolerance. As an extreme example, the answer will vary GREATLY between a multi-millionaire and someone with very little disposable income.
                                    A multi millionaire doesn't want anyone running off with a percentage of his money just like the hobo doesn't want anybody running off with a percentage of his cardboard box. No different.
                                    Comment
                                    • Darkside Magick
                                      SBR Posting Legend
                                      • 05-28-10
                                      • 12638

                                      #53
                                      Zero
                                      Comment
                                      • John Dough
                                        SBR MVP
                                        • 09-21-05
                                        • 1785

                                        #54
                                        Originally posted by seaborneq
                                        A multi millionaire doesn't want anyone running off with a percentage of his money just like the hobo doesn't want anybody running off with a percentage of his cardboard box. No different.
                                        Sure it's different. It's risk tolerance. Just like someone more wealthy might be willing to accept more risk in investing in stocks than someone living paycheck to paycheck. No one wants to lose money in the stock market, but they choose to accept some risk. No one wants to have an offshore close up and take their money, but some choose to accept that risk as well. If you want zero risk, don't use offshores, don't but stock, don't start a business... keep your money in the bank, bonds, etc.
                                        Comment
                                        • AribaAriba
                                          SBR MVP
                                          • 04-03-09
                                          • 2927

                                          #55
                                          ive been a loser so iv kept over 24k at b365 and just gave it all back like in just couple of days. in other news ive wired 9k once and received it the next day.
                                          Comment
                                          • TheMoneyShot
                                            BARRELED IN @ SBR!
                                            • 02-14-07
                                            • 28690

                                            #56
                                            Just enough for you to play on. Re-ups suck.
                                            Comment
                                            • ebbearsfb1
                                              SBR Posting Legend
                                              • 12-07-08
                                              • 18815

                                              #57
                                              Do people who withdrawal switch up withdrawal methods?
                                              Comment
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