What is the optimal % of your bankroll for each play?

[jjgold]

Banker you’re probably down tons of money lifetime you would know that if you wrote everything down


Most people think they’re even gambling

Whatever your unit size is lifetime multiplied by at least 10-50 times to calculate your losses

Banker Come to Pennsylvania I’ll teach you and then we’ll go for cok and Ball torture at a a dominatrix Den

[2daBank]

Can’t we just find some drugs and some hot bitches?

I ain’t saying whether I’m down or up, you right I Havnt the slightest. Lol. Just that my deposits are small albeit sometimes often while the times I do cash it a nice chunk. I don’t miss the small deposits, I do enjoy the rare cashouts!!

[TommieGunshot]

You dummies 99% of gamblers lose just bet recreational you’re never ever going to win


You need a minimum of 15 books to have a 1% chance of winning

You need to get tons of bonuses also nobody here is capable or experienced enough to win

This coming from someone who couldn't even win in Las Vegas where there are literally dozens of casinos giving +EV plays every day on stuff that is widely known about.

You are the only one who needs all of those things and will still certainly lose. The rest of us only need to make good bets, and we'll win and be fine. And we're going to do that no matter how many times you project your own ignorance onto everyone else.

[jjgold]

Everybody’s a winner but everybody’s broke

[RudyRuetigger]

fukk it

im players advocate

jj wrong again

im sick of guys TOUTING to deposit bankroll and then bet 1-5% of bankroll


WORST STRATEGY

who is collecting interest on that money?

who can use that money?

who loses that money if books go broke?







TRUST ME, when you deposit and lose $50 as an all in play, books will offer the same fukkin reload bonus to you as if you deposited 10k and lost $50






big difference men




BET 100% of your offshore roll, but deposit 1-5% of your roll

[jjgold]

There is no interest in the bank Rudy it’s basically 0%


The lesson here is bet t recreationally

If you have 200,000 in the bank the most your sports betting bank role should be is $10,000 so most people here have under a $10,000 cash bank roll to their name which means they should have a $500 gambling bank roll these are the dumbest people I’ve ever seen in the thread


Any other criteria you’re in for a very miserable life with a negative balance bank roll


I know I lost everything over $300,000 gambling

[RudyRuetigger]

There is no interest in the bank Rudy it’s basically 0%

hey clown show

get your money out of checking account





hell, 10k in a savings acct at ally is worth $100 in a year

more than you make leaving it offshore


thats a free 1% winner per year

[RudyRuetigger]

and ill tell you something else OP

do not spread your bets out and bet many games to reduce variance



you are a fukkin loser

you want the variance

you need to get lucky



if you want no variance, go put a dollar in the slots next to betty and dot at the local indian casino

thats your goddamn excitement

losing money slowly ONLY





if you want to win, bet to win

PERIOD

then withdraw

[TheGoldenGoose]

HEY RUDY:

Lighten Up Francis...

[RudyRuetigger]

HEY RUDY:

Lighten Up Francis...

Are you supposed to be relevant arouND here?

Never fukkin heard of you bro

[shocka1212]

Are you supposed to be relevant arouND here?

Never fukkin heard of you bro

[jjgold]

You guys are making this too complicated follow my principles and you’ll never be broken life forget about gambling bank roll

[Runeblade]

You guys are making this too complicated follow my principles and you’ll never be broken life forget about gambling bank roll

What about making the unit size 1% was thinking of going this way.

[JohnGalt2341]

What about making the unit size 1% was thinking of going this way.

I recommend you ask your original question from this thread again, but this time post it in the Think Tank. I've done the same thing several times. You post a question in Players Talk and you get a lot of non-sense replies from people with gambling problems who are down LOTS of money. You ask the exact same question in the SBR Think Tank and if you're lucky you'll get a few serious replies and MUCH less gibberish. Here's an example: https://www.sportsbookreview.com/for...nding-roi.html He asked a very similar question that you did, but the replies he got were much better quality because he asked it in the Think Tank.

[sweethook]

i make to many plays so 1% - 3% is my range

[Runeblade]

I recommend you ask your original question from this thread again, but this time post it in the Think Tank. I've done the same thing several times. You post a question in Players Talk and you get a lot of non-sense replies from people with gambling problems who are down LOTS of money. You ask the exact same question in the SBR Think Tank and if you're lucky you'll get a few serious replies and MUCH less gibberish. Here's an example: https://www.sportsbookreview.com/for...nding-roi.html He asked a very similar question that you did, but the replies he got were much better quality because he asked it in the Think Tank.

Thank you will do

[Stin]

I started at 5% but realize now that after this terrible loosing streak, that I need to take a step back and reajust. Any tips?

Most likely you just bet for fun , so you don’t have any bankroll.
Bankroll is for people who do betting for living.
You can bet like 1% - 10% (each bet) of your monthly income, depends on your feelings.

[raiders72001]

3% average for me. I know a few guys that like to use half Kelly.

[Slurry Pumper]

It is disheartening to find out that many people have found this great website full of information and techniques one could use to actually make money investing in sports only to waste it being a gambler.

As for myself, I treat my bankroll like a 401K account except I don't make deposits anymore. The yearly goal is to make 10% return on investment. To that end, my bet size is around 5 % of the entire bankroll, but that is determined on taking the number of bets per year and dividing that into the bankroll. I only bet the NFL so for me it is 21 betting chances a year.


If you need constant action, take maybe 0.1% to keep that urge satiated, but leave the investment bets at 5%.

[RudyRuetigger]

I believe about 50 or so guys go read the basics in the think tank

Then come over here and act like they know things

Last time in one of these threads, I showed why a beginner should NOT be depositing $100 into 5 books to get the best lines but instead deposit all $500 into 1 book


This is very similar. You do NOT deposit your full bankroll (unless your full bankroll is the max signup bonus amount) and you do not bet 1-3% but you MOST DEFINITELY do not follow any kind of half kelly, quarter kelly or any kellys ........other than bundy or kapowski.

[firedawg]

Investing in sports


Lol


STOP

[jjgold]

It’s all about having fun and recreation, as long as you put that in your head you’ll really enjoy it if not check into gamblers anonymous.

[RudyRuetigger]

It’s all about having fun and recreation, as long as you put that in your head you’ll really enjoy it if not check into gamblers anonymous.

[RudyRuetigger]

Oh, I see it is linked to Think Tank

There are about 10 guys still in Think Tank that know all kinds of shit, you dont argue with

HOWEVER to put it into my terminology:

If Tiger Woods is playing with 3 hackers with a banana slice and we are on a dogleg left Par 4

Tiger would say ok, optimal shot is aim right center of fairway, draw it 5 yards to the center. If it doesn't draw, hes still right center, if it does, hes perfectly in the middle, if it draws 2x as much...hes left side of fairway

You would not tell the 3 hackers with banana slices to play a 5 yard draw




You cant do most of these things until you have an actual model, that is when you can start incorporating things they do, like betting a shit ton of games and actually quantifying your edge so you can use varying percentages per bet (ex: Kelly)...many guys around here "think" they have a model made up of about 3 numbers and divide by something else...that isnt a model

Until then, you are stuck playing putt putt with the rest of us and you have to learn how to use it to your advantage that way instead

[mrpickem]

Depends on your confidence in particular sport. For me MLB and hoops are best so my bets are

MLB, Hoops, CFB - 2.5% for one unit and on occasion I will go 2u
NFL is much tougher for me so- 1.5%
NBA, tennis, UFC, etc are all 1% but I am more likely to risk 2 or 3u

All my wagers are amount risked whether fav or dog. On rare occasion I play a big ML fav I may risk a little more.

Also my bankroll is a number I feel I can comfortably lose without effect on my like...not necessarily how much on deposit in my books

[vampire assassin]

If SBR were serious about teaching players how to bet, they'd ban JJgold and BigdaddyHQ from posting in the handicapper think tank. That popping noise you hear when reading? That's your IQ crashing from the pressure differential.

[jjgold]

If you are using greater than 5% of your net worth you’re a compulsive gambler

[Biff41]

are you adjusting the 5% to the new BR amount ?

If you started with 5% per bet but found yourself in a slump you can cut that 5% by halves or quarters (2.5% or 1.25%) There is a bankroll system called the "Quarter Kelly". Basically the idea is that what you calculate your win rate and bet amount should be, then be more conservative and cut that bet by half or quarter until you have enough action to justify larger bet amts.

[Baraldsson]

...you MOST DEFINITELY do not follow any kind of half kelly, quarter kelly or any kellys ........other than bundy or kapowski.

Ah, Kelly Kapowski. Those really were the days.

[vivaporto]

I like the 3% compounding strategy explained here. This has been working good for me for the past couple of years. One of the thing that I like about this is that you can divide the bankroll into multiple portfolios and some you can do it aggressively for recreational plays and the main portfolios you can do it conservatively.

[CappinTerp]

By the book....2-3 % of your roll should equal 1 unit !!.......also consider power weighting,for me it's the only way to go !!!!

[RudyRuetigger]

If SBR were serious about teaching players how to bet, they'd ban JJgold and BigdaddyHQ from posting in the handicapper think tank. That popping noise you hear when reading? That's your IQ crashing from the pressure differential.

to be fair, this started in players talk

Ah, Kelly Kapowski. Those really were the days.

[MadSl1m]

1%, max 2%

[jjgold]

One or 2% or you don’t have a chance

[Believe_EMT]

One or 2% or you don’t have a chance

there is still hope for you baldy.

i came in here ready to curse you out and tell you to go back to kiddie pool. but this is damn solid advice.