1. #1
    ClimbSomeRocks
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    Join Date: 11-04-09
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    Replentishable Bankroll and Money management

    I understand how money management works, however I think there are some advantages to having a low balance in any sportsbook. Although thanks to SBR (and quality assurance of premiere books) the possibility of a book defaulting on your balance is very low, there still is a chance. This is not the main reason I'd prefer a replentishable bankroll. Mainly, I'd like to invest the minimum amount possible as I am a recent college grad that has at least 16 months until my career starts.

    Is there anything wrong with only having 25% of my roll in a sportsbook, and if that is lost, then simply replentish it and adjust my unit size afterwards? Seems to me like I will not only reap the benefits of deposit bonus's, but also earn a greater ROI provided that I don't need to reload.

  2. #2
    That Foreign Guy
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    Bankroll is not the same thing as money in sportsbooks.

    I try and ensure I keep the minimum amount required to place the likely wagers for the next week in any one book.

  3. #3
    mrmarket
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    There's no compelling reason to keep a balance in a book if you're treating it like a bank. The reason most keep the entire balances online is because they are utilizing their entire bankroll (or the majority of it) on a consistent basis. There's also the argument that it could be used to conceal funds if that's your thing but if you're just a minor leaguer betting a couple of games a week replenishing it if you go bust is a fine strategy (especially if the loss of money would negatively affect you financially/mentally). If you're from the USA though it may be a problem strategy however due to processor issues if you're looking to play online.
    Points Awarded:

    downsouth gave mrmarket 30 SBR Point(s) for this post.


  4. #4
    LT Profits
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    Well, your bankroll is really EVERYTHING you have that you earmarked for betting only, so that would be a combination of your sportsbook balance (hopefully balanceS) and the earmarked money you have in your bank or wherever waiting to be deposited. Whether you use Kelly or a flat percentage, the percentage per bet should be based on the entire bankroll (assuming deposits are quick and easy for you).
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: ClimbSomeRocks

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