Bankroll managment software/calculator?

[korki]

Pls can you advise for me software/calculator for bankroll managment?

[bonzaii]

Huh? Just don't bet more than 2% of your roll for any game and youll be fine.

[mngambler]

just go all in every play and double it, if you lose deposit twice the amount and try again....guaranteed long-term success!

[jjgold]

the mature answer

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

[mngambler]

the mature answer

https://www.sportsbookreview.com/pic...ly-calculator/

The mature is answer is: don't waste your time on sportsbetting because there is a 0% chance you will be a long-term winner, they simply don't exist.

[Drydin]

The mature is answer is: don't waste your time on sportsbetting because there is a 0% chance you will be a long-term winner, they simply don't exist.

That simply is not true. If it was true there would be no reason for Casino's , Offshores , Etc. to Limit or restrict betting in any way yet it happens all the time. Is winning in the long run extremely difficult Yes Do the majority of people always Lose longterm Yes BUT there are people with enough skill and know how out there to give themselves a edge over SportsBook's.

[jayc88]

That simply is not true. If it was true there would be no reason for Casino's , Offshores , Etc. to Limit or restrict betting in any way yet it happens all the time. Is winning in the long run extremely difficult Yes Do the majority of people always Lose longterm Yes BUT there are people with enough skill and know how out there to give themselves a edge over SportsBook's.

Not many though, long term books are always coming out on top and limits are in place to reduce short time risks.

[mngambler]

That simply is not true. If it was true there would be no reason for Casino's , Offshores , Etc. to Limit or restrict betting in any way yet it happens all the time. Is winning in the long run extremely difficult Yes Do the majority of people always Lose longterm Yes BUT there are people with enough skill and know how out there to give themselves a edge over SportsBook's.

ok then..prove it, not with "I had a buddy" or "a couple years back when" show me physical proof of what you are claiming. Show me verified/documented proof that over a long sample size someone can be profitable betting sports

[RudyRuetigger]

here you go pal

you wont find fukkin pascal, peavy, autodonk or anyone else helping you

the correct answer is you need to atleast HALF kelly

[jjgold]

only guys getting chucked at sportsbooks are players betting slow moving lines not winners

[Regul8er]

ok then..prove it, not with "I had a buddy" or "a couple years back when" show me physical proof of what you are claiming. Show me verified/documented proof that over a long sample size someone can be profitable betting sports

What do you consider a long sample size? 1 year, 5 years, 10 years?

[Drydin]

ok then..prove it, not with "I had a buddy" or "a couple years back when" show me physical proof of what you are claiming. Show me verified/documented proof that over a long sample size someone can be profitable betting sports

One there is no way to show verified/documented proof even if i was so inclined which i'm not. I could show you accounts with tens of thousand's of dollars but that doesn't mean i haven't lost more than that in the past anything i showed could then be argued with so what's the point. Math , Statistics , and pure Logic is my proof do you really believe outta all the people around the world that not ONE person has ever showed longterm profit, and once you reconciled yourself to believe that a person has been able to show profit over a long period of time. Then you must realize this person is not some mythical creature that people like this do exist and there must be more of them.

[evo34]

ok then..prove it, not with "I had a buddy" or "a couple years back when" show me physical proof of what you are claiming. Show me verified/documented proof that over a long sample size someone can be profitable betting sports

https://www.pickmonitor.com/user/JermainePatrick

https://www.pickmonitor.com/user/custom2006

https://www.pickmonitor.com/user/123Sportspicks

[bonzaii]

The mature is answer is: don't waste your time on sportsbetting because there is a 0% chance you will be a long-term winner, they simply don't exist.

So you have fun not winning? Your here to lose? Is this site some kind of support group for people who just can't pick winners. Two biggest issues for sports bettors are they bet too big and they chase and than they end up broke and have a guy named Vinny chasing them around town.

[JohnGalt2341]

It's a fairly simple formula but it requires quite a bit of work. Step #1 Figure out what the Sportsbooks are bad at or at least not very good at. Step #2 Work your ass off to become good at the things that the Sportsbooks are bad at. Step #3 Track your results. If you can't beat the Sportsbooks at what they are bad at then I advise you to quit gambling forever unless you enjoy losing money.

[RudyRuetigger]

It's a fairly simple formula but it requires quite a bit of work. Step #1 Figure out what the Sportsbooks are bad at or at least not very good at. Step #2 Work your ass off to become good at the things that the Sportsbooks are bad at. Step #3 Track your results. If you can't beat the Sportsbooks at what they are bad at then I advise you to quit gambling forever unless you enjoy losing money.

The only difference between 1 and 2 is that you think you need 3 steps to say something useful

Wrong

Write a paragraph and I'll pick out 3 useful words

[magaman]

The best money management is for you to wager a consistent unit for every play. Forget all the math and theories... if you simply would wager a consistent amount on each play most of us would be winners.

[jjgold]

scalpers do not count as winners
zero risk

[firedawg]

Stupid thread
Fukkin gamble
Go all in get to your goal
Less pain long term


I do it

Deposit say 300
Shove it 5x

If you get to 5 cash out
If not reload

Rinse and repeat

[RudyRuetigger]

The best money management is for you to wager a consistent unit for every play. Forget all the math and theories... if you simply would wager a consistent amount on each play most of us would be winners.

this guy probably goes down to the fukkin nursing home to play penny poker as well so that he can win a fukkin big mac MONTHLY

Stupid thread
Fukkin gamble
Go all in get to your goal
Less pain long term


I do it

Deposit say 300
Shove it 5x

If you get to 5 cash out
If not reload

Rinse and repeat

BANG!

[firedawg]

My goal is 5x
I hit it a good bit this past year

Only problem arises with depositing via Wally World ect.

Black list shit

[Optional]

Pls can you advise for me software/calculator for bankroll managment?

Here are some old threads on this subject that are gold;


Expected Value vs Expected Growth (Kelly criterion Part I)
Maximizing Expected Growth (Kelly criterion Part II)
Kelly Criterion and Middling

[HeeeHAWWWW]

only guys getting chucked at sportsbooks are players betting slow moving lines not winners

Fraid not. Other than Pinny and the Asian biggies, every single book boots winners. How they define "winner" varies, some give more rope, but keep betting +EV and you're gone.

[jjgold]

Fraid not. Other than Pinny and the Asian biggies, every single book boots winners. How they define "winner" varies, some give more rope, but keep betting +EV and you're gone.

+EV ARE SLOW LINES OR BAD LINES

I FORGOT MORE THAN EVERYONE HERE

If you bet -5, -110 and that is market you can win forever at most books because they know you will lose everything eventually

[HeeeHAWWWW]

+EV ARE SLOW LINES OR BAD LINES

+EV just means value. It can be slow lines or bad lines, or it can be (as in my case) value I've found myself.

I've been kicked out of over 200 books, and I don't steam or bet bad lines. They simply don't tolerate anyone who isn't a coin-flipper.

[frostno98]

The key to winning is betting the same amount consistently across the board. The reason every gambler loses is because they either double or quadruple their bet size after getting a nice win or taking a bad loss.

[Shute]

The key to winning is betting the same amount consistently across the board. The reason every gambler loses is because they either double or quadruple their bet size after getting a nice win or taking a bad loss.

Lie
Pick your spot
And win

[JohnGalt2341]

The best money management is for you to wager a consistent unit for every play. Forget all the math and theories... if you simply would wager a consistent amount on each play most of us would be winners.

The key to winning is betting the same amount consistently across the board. The reason every gambler loses is because they either double or quadruple their bet size after getting a nice win or taking a bad loss.

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These theories MIGHT be true for a small handful of people but there's very little to no evidence that they are true at all in the long run. If you don't believe me... test it. In the long run betting variances are just as likely to help you as they are to hurt you. For the people it hasn't worked for ... they assume this is the only reason why they are losing. For the people who get lucky with betting variances... they assume that it's the reason why they are winning. In the long run... you're still going to have to beat 52.38% against standard juice or else you're going to have to beat the (no juice)closing lines. Betting variances make very little difference in the long run.