Bankroll Management

High3rEl3m3nt · 10-03-16, 12:33 AM

have you checked this out? Great tool for bankroll management--risk/reward approach

http://www.sportsbookreview.com/picks/tools/kelly-calculator/

Might be worth looking at. If you change the % to $, it will spit out your optimal bet size in a dollar amount, given the odds and your estimated probability (the tricky part) of winning the bet. There is also an option for 1/2 kelly, which I'd recommend, as you'd reduce your volatility by 50% but would also reduce your growth potential. Just change the Kelly multiplier to ".5" if that interests you.

I'd also recommend visiting the wizardofodds's sportsbetting page.

ATC727 · 10-06-16, 03:48 PM

$50.00	$351.14	Pending	3 Team Parlay
		Win	10/6/16 2:45pm International Soccer 19 Israel (WC-Qual) +163* vs Macedonia (WC-Qual)
		Win	10/6/16 2:45pm International Soccer 28 Croatia (WC-Qual) -1 -137* vs Kosovo (WC-Qual)
		Pending	10/6/16 2:45pm International Soccer 31 Albania (WC-Qual) -1½ -131* vs Liechtenstein (WC-Qual

Sorry I was away and just could not load up sbforum on my mobile phone.

I just had to make this parlay.

my cover was this

$25.00	$287.59	Pending	3 Team Parlay
				Loss	10/6/16 2:45pm International Soccer 19 Draw (Israel (WC-Qual) vs Macedonia (WC-Qual)) +211* vs Israel (WC-Qual)
				Pending	10/6/16 2:45pm International Soccer 28 Croatia (WC-Qual) -1½ +128* vs Kosovo (WC-Qual)
				Pending	10/6/16 2:45pm International Soccer 31 Albania (WC-Qual) -1½ -131* vs Liechtenstein (WC-Qual)

also had another small cover for $15 for a total of $40.00

Profit was $350-40 = $310.00

Usually wouldn't bet like this but was very confident in my plays.

4 more days of Euro Q. Good luck Tail or Fade

Bostongambler · 10-06-16, 03:51 PM

It's hard enough to win 1 game let alone 3.

Good luck in this venture.

ATC727 · 10-06-16, 06:11 PM

eh i agree...soccer is just my thing especially the Euros.

Thinking of taking Colombia tonight, with small edge on the tie. Will post shortly.

ATC727 · 10-06-16, 06:13 PM

Lichtenstein loses every game, they are just awful. Albania is doing very well.
Kosovo is a new team and people are still transitioning over to Kosovo from Swiss and Albanian Natl teams....So Croatia i figured -1 is safe.
Macadonia is weak although I expected a tie/loss for them and I was right. Israel was the only game I was concerned about, but I had that covered also.

ATC727 · 10-06-16, 06:47 PM

$100 Collmbia ML +187
$100 Draw +175

ATC727 · 10-06-16, 08:31 PM

Easy $75.00 profit . Glad I stayed away from NFL/ NCAAF games.

Taking now Argentina for $50.00

Covering with $10 Draw/ Switzerland ML(tomorrow)

BetweenHerCheeks · 10-07-16, 05:14 AM

ATC...you have a $550 bankroll, at least when you started. If you were RISKING just $30 per bet your risk or ruin would be around 34%. Betting $100 per game which is almost 20% of your starting bank almost assur s bankroll destruction.

It is very difficult to do, but you should not bet more than 2% of your bankroll or $10

GunShard · 10-07-16, 01:47 PM

You should bet based on your current total bankroll and not by starting total bankroll.
Your bets should get slightly smaller every time you lose and get slightly bigger every time you win.

ATC727 · 10-07-16, 04:21 PM

Right! The only reason I bet $100 on the soccer game is cause I was very confident and I know soccer the best.

ATC727 · 10-07-16, 05:21 PM

Taking Clemson -15.5 bought it down

Risking $40 to win $30

stackz125 · 10-07-16, 05:25 PM

Originally posted by ATC727

Taking Clemson -15.5 bought it down

Risking $40 to win $30

Why
-15.5 and 17 has no difference to the spread.... If BC is covering the spread then will be covering the -15.5

ATC727 · 10-07-16, 07:14 PM

Fg difference I like to sucker into hooks like a fish. Either way winner $30.00 I had Switzerland also but since I didn't post it before it started I won't count it

ATC727 · 10-07-16, 07:14 PM

I'll get pro before New Years mine expired last year and just didn't renew it.

ATC727 · 10-08-16, 09:49 AM

Taking Czech U19 soccer ML for $40

Covering $10 draw, Romania Ml payout $75.

ATC727 · 10-08-16, 10:33 AM

10/8/16 10:37am	$10.00	$79.39	Pending	3 Team Parlay
			Pending	10/8/16 12:00pm International Soccer 106 Romania (WC-Qual) +100* vs Armenia (WC-Qual)
			Pending	10/8/16 12:00pm International Soccer 115 Kazakhstan (WC-Qual)/Montenegro (WC-Qual) Under 3½ -420*
			Pending	10/8/16 11:00am International Soccer 428 Draw (Slovenia U19 (UEFA-Cham) vs Czech Republic U19 (UEFA-Cham)) +261* vs Slovenia U19 (UEFA-Cham)

10/8/16 10:35am	$40.00	$42.00	Pending	10/8/16 11:00am International Soccer 429 Czech Republic U19 (UEFA-Cham) +105* vs Slovenia U19 (UEFA-Cham)

grantingyou · 10-08-16, 10:40 AM

Originally posted by ATC727

I will try to post all my plays. Bankroll is at around $550. Wagering around $30-$60 on plays. Some will be straight up, some parlays. But I will be covering here. The goal is to make $30/ a day which will be close to an additional $1,000 a month. If I reach $30, this does not mean I will stop if the board is popular for that day.

If on a hot streak, will play small casino stakes to make $5-$10 to cover the 'cover games'.

Not to get carried away, I will only have action AFTER WORK, which means work is priority and this cannot consume your life, that is how you get carried away and start going on tilt with higher wagers. (Just from my previous mistakes)...

Join me or not, but I think this can be yours (and my easiest $1,000 / month income).

You cannot win long-term betting 10% of your bankroll on any single game.

You will go bankrupt, 100%

grantingyou · 10-08-16, 10:42 AM

Makes ZERO sense. 14 is a hot number and the next hot number is 17. Chances is lands on 15 or 16 is far less than the juice the book charges to buy. Can't win long-term with dumb ass bets like this.

ATC727 · 10-08-16, 10:55 AM

Okay, thanks.

Easy winner with Czech U19.

Next game:

10/8/16 11:52am

$55.00

$51.89

Pending

10/8/16 12:00pm International Soccer 106 Romania (WC-Qual) -106* vs Armenia (WC-Qual)

Cover Games:

10/8/16 11:48am	$5.00	$390.86	Pending	5 Team Parlay
			Pending	10/8/16 3:30pm College Football 336 Duke -250* vs Army
			Pending	10/8/16 12:00pm International Soccer 106 Draw (Romania (WC-Qual) vs Armenia (WC-Qual)) +244* vs Romania (WC-Qual)
			Pending	10/8/16 12:00pm International Soccer 109 Draw (Norway (WC-Qual) vs Azerbaijan (WC-Qual)) +229* vs Norway (WC-Qual)
			Pending	10/8/16 12:00pm International Soccer 115 Kazakhstan (WC-Qual)/Montenegro (WC-Qual) Under 2½ -158*
			Pending	10/8/16 2:45pm International Soccer 131 Draw (Slovakia (WC-Qual) vs Slovenia (WC-Qual)) +206* vs Slovakia (WC-Qual)

10/8/16 11:47am	$5.00	$164.04	Pending	5 Team Parlay
			Pending	10/8/16 3:30pm College Football 336 Duke -250* vs Army
			Pending	10/8/16 12:00pm International Soccer 106 Draw (Romania (WC-Qual) vs Armenia (WC-Qual)) +244* vs Romania (WC-Qual)
			Pending	10/8/16 12:00pm International Soccer 109 Norway (WC-Qual) +108* vs Azerbaijan (WC-Qual)
			Pending	10/8/16 12:00pm International Soccer 115 Kazakhstan (WC-Qual)/Montenegro (WC-Qual) Under 3½ -440*
			Pending	10/8/16 2:45pm International Soccer 132 Slovenia (WC-Qual) +175* vs Slovakia (WC-Qual)

10/8/16 11:46am	$5.00	$183.10	Pending	5 Team Parlay
			Pending	10/8/16 3:30pm College Football 336 Duke -250* vs Army
			Pending	10/8/16 12:00pm International Soccer 106 Draw (Romania (WC-Qual) vs Armenia (WC-Qual)) +244* vs Romania (WC-Qual)
			Pending	10/8/16 12:00pm International Soccer 109 Norway (WC-Qual) +108* vs Azerbaijan (WC-Qual)
			Pending	10/8/16 12:00pm International Soccer 115 Kazakhstan (WC-Qual)/Montenegro (WC-Qual) Under 3½ -440*
			Pending	10/8/16 2:45pm International Soccer 131 Draw (Slovakia (WC-Qual) vs Slovenia (WC-Qual)) +206* vs Slovakia (WC-Qual)

ATC727 · 10-08-16, 10:59 AM

Currently UP +$400.00

P.S I had a few losers and winners in between that I didn't get a chance to post so I did not write these up. Being fair if anyone is tailing.

ATC727 · 10-08-16, 11:17 AM

Romania up 3-0 with Armenia red card ha ha...too easy. Thank you! Easy Money. Might have one CFB game tonight and keep my profits.

TheLock · 10-08-16, 11:20 AM

Originally posted by ATC727

I will try to post all my plays. Bankroll is at around $550. Wagering around $30-$60 on plays.

You're grossly over betting your roll. Scale back your wagers.

ATC727 · 10-08-16, 11:43 AM

I am at $950.00, wagered $30 and $40 today. I don't think that is high. Are you talking about the $100 on soccer? I agree, but that was a guarantee Colombia wasn't going to lose. Soccer is my game mate.

rgrant2214 · 10-08-16, 08:51 PM

Let's get this! Thanks for telling me about your thread!

ATC727 · 10-08-16, 09:04 PM

for sure brother, we are on the same team.

ATC727 · 10-08-16, 09:04 PM

Love your profile picture!

ATC727 · 10-08-16, 09:51 PM

Just took this live a few minutes ago, wanted to have a little action

10/8/16 10:36pm

$35.00

$31.82

Pending

10/8/16 10:00pm Live In-Play Football 9411 Utah State/Colorado State Over 64½ -110*

ATC727 · 10-09-16, 01:29 AM

Current balance $915.00

ATC727 · 10-09-16, 10:15 AM

Taking Croatia -1.5 $50 to win $82.

Covering tie / Isreal -2.5 risking $10 to win $71

Lots of good games today.

ATC727 · 10-09-16, 04:13 PM

Lost that one Current balance $905
Took Live

$52.00

$49.96

Sun Oct 09 2016 14:32:
Moldova v Rep of Ireland
Full Time Result (3-Way): Rep of Ireland -104.082

So was only -$10 for that .

Took live Dallas Cowboys ML +100 $75

Covered with $10

$75.00

$68.69

Sun Oct 09 2016 16:15:
CIN Bengals @ DAL Cowboys
Money Line: DAL Cowboys -109.184