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

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  • WvGambler
    SBR Posting Legend
    • 04-19-10
    • 11618

    #71
    I like to bet 5% on the ones that’ll lose and I’ll go as high as 7-10% on the ones that’ll win. Why not just do 0% on the losers, you ask? Because doing it that way will get your account banned.
    Comment
    • Biff41
      SBR MVP
      • 07-23-14
      • 1234

      #72
      Originally posted by Runeblade
      I did not I thought I could bet the same amount each play and do well but obviously that didnt work out. Bad management on my part.
      Some of the oddsmaker sites provide an explanation on using The Kelly system for Sports.
      Comment
      • raiders72001
        Senior Member
        • 08-10-05
        • 11144

        #73
        Originally posted by 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.
        This may give you a better understanding of Kelly.


        Comment
        • RudyRuetigger
          SBR Aristocracy
          • 08-24-10
          • 65084

          #74
          Originally posted by raiders72001
          This may give you a better understanding of Kelly. https://www.pinnacle.com/en/betting-...D27Z9NLJVGFLGG
          how dumb are you??

          i know, post a link so you are sharp

          ill say this slowly for you:

          nnnooooo bbbeegggiiinnneeeerrrr caaannnnnn qqquuuaaannnttttifffyyyyy eeeedddgggeeeeessss


          THEREFORE KELLY, SUSANNE, BRITTANY, etc. do not work

          CAPICHE?

          sick of guys that are sharp giving advice to beginners for that when they know its wrong on a BEGINNER SCALE

          and im sick of guys like you that know absolutely fukkin nothing trying to act sharp when it comes to gambling
          Comment
          • WvGambler
            SBR Posting Legend
            • 04-19-10
            • 11618

            #75
            Originally posted by RudyRuetigger
            how dumb are you??

            i know, post a link so you are sharp

            ill say this slowly for you:

            nnnooooo bbbeegggiiinnneeeerrrr caaannnnnn qqquuuaaannnttttifffyyyyy eeeedddgggeeeeessss


            THEREFORE KELLY, SUSANNE, BRITTANY, etc. do not work

            CAPICHE?

            sick of guys that are sharp giving advice to beginners for that when they know its wrong on a BEGINNER SCALE

            and im sick of guys like you that know absolutely fukkin nothing trying to act sharp when it comes to gambling
            Rudy has had the fukk enough!
            Comment
            • DiggityDaggityDo
              SBR Aristocracy
              • 11-30-08
              • 81450

              #76
              Rudy fired up today.

              Who shit in his Lucky Charms?
              Comment
              • WvGambler
                SBR Posting Legend
                • 04-19-10
                • 11618

                #77
                Originally posted by DiggityDaggityDo
                Rudy fired up today.

                Who shit in his Lucky Charms?
                Sssshhhhhhhh! Let’s just crouch down here behind this plant and see what happens next, Diggs.
                Comment
                • DiggityDaggityDo
                  SBR Aristocracy
                  • 11-30-08
                  • 81450

                  #78
                  Originally posted by WvGambler
                  Sssshhhhhhhh! Let’s just crouch down here behind this plant and see what happens next, Diggs.
                  Comment
                  • Seaweed
                    BARRELED IN @ SBR!
                    • 01-19-12
                    • 26318

                    #79
                    5-26%
                    Comment
                    • RudyRuetigger
                      SBR Aristocracy
                      • 08-24-10
                      • 65084

                      #80
                      Look, if you want to deposit $10,000 into 5 books (2k each) and then bet $100-$300 per play--1-3%

                      be my fukkin guest

                      you are flat out wrong if you think that is the way to go though
                      Comment
                      • RudyRuetigger
                        SBR Aristocracy
                        • 08-24-10
                        • 65084

                        #81
                        Originally posted by RudyRuetigger
                        Look, if you want to deposit $10,000 into 5 books (2k each) and then bet $100-$300 per play--1-3%

                        be my fukkin guest

                        you are flat out wrong if you think that is the way to go though
                        who lets their bankroll sit offshore when it will never be in play?

                        only clowns
                        Comment
                        • jjgold
                          SBR Aristocracy
                          • 07-20-05
                          • 388179

                          #82
                          1-2 percent If you’re interested in staying in the game
                          Comment
                          • veriableodds
                            SBR Hall of Famer
                            • 08-22-17
                            • 5093

                            #83
                            personally i bet 0.33% (1/3 of 1 unit) some times less, of total bankroll per play ,my bottom line or ultimate goal is to obtain a return of 4-10% on my bottom line, total money laid in that year, which suits me fine looking at it from a investment stand point it is just a vehicle to achieve a goal. Their are to many variables and questions. but here are few examples that are every week occurrences for real world situations that might make one think different.
                            -all bets are created equal no matter how big the perceived edge
                            -25 wagers going off in one sports today despite having diversity dogs, favs ,totals
                            -the ever changing bankroll adjustment
                            -the loosing streak from hell
                            -the 6 week winning streak (ahhh invincible you say)
                            ect ect you get the idea
                            so many variables to the rules can make ones head spin, but if you know you know how many of this and that then the pot of creativity can be stirred to make some kick ass chilli
                            Comment
                            • PunterLog
                              SBR Rookie
                              • 02-22-19
                              • 48

                              #84
                              UK & Australia Horse Racing - 0.07% (350$ stakes on 500,000$ Bankroll)

                              Football, Cricket & Tennis - 0.15%

                              Books - Betfair Exchange, Pinnacle & other Asian Books.

                              Works extremely well for me to make a decent profit every month. Obviously, you need to do your homework and identify value before placing bets.
                              Comment
                              • dj_destroyer
                                SBR MVP
                                • 07-28-10
                                • 3856

                                #85
                                I put aside $2k for bankroll, which is about 5% of all my savings/investments. Of that bankroll, I bet 1-3 percent and adjust every $500 (not daily or weekly). Some bets get less like half a percent but I very rarely go over three percent, if ever. I am smalltime and don't mind betting $20 a game.
                                Comment
                                • lonegambler23
                                  SBR Hall of Famer
                                  • 06-22-16
                                  • 9760

                                  #86
                                  were no professionals, grab your ballsacks and bet big
                                  Comment
                                  • Sawyer
                                    SBR Hall of Famer
                                    • 06-01-09
                                    • 7761

                                    #87
                                    It depends on your bankroll. If your bankroll is short, you can start with %5. As your bankroll grows, you better reduce the %. There was a post I had wrote in the past, check out.

                                    12 Levels of Sports Betting
                                    https://www.sportsbookreview.com/for...s-betting.html
                                    Comment
                                    • Baraldsson
                                      SBR Wise Guy
                                      • 05-18-19
                                      • 514

                                      #88
                                      Originally posted by Sawyer
                                      It depends on your bankroll. If your bankroll is short, you can start with %5. As your bankroll grows, you better reduce the %. There was a post I had wrote in the past, check out.

                                      12 Levels of Sports Betting
                                      https://www.sportsbookreview.com/for...s-betting.html
                                      Excellent read.
                                      Comment
                                      • jjgold
                                        SBR Aristocracy
                                        • 07-20-05
                                        • 388179

                                        #89
                                        I love guys that go all in

                                        Ruined many of us
                                        Comment
                                        • stevenash
                                          Moderator
                                          • 01-17-11
                                          • 65641

                                          #90
                                          2%
                                          Increase the size of the wager as you win, flat bet if you’re in a rut.
                                          Comment
                                          • terpkeg
                                            SBR MVP
                                            • 10-26-09
                                            • 2364

                                            #91
                                            It has been win+risk = 4%. I think win+risk = 2% better for me. Leads to more self control.
                                            Comment
                                            • dj_destroyer
                                              SBR MVP
                                              • 07-28-10
                                              • 3856

                                              #92
                                              Originally posted by 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
                                              This is actually an interesting take but I've had over $2k sitting in my account for 5+ years. Even at an excellent rate of 3% interest, I've only missed out on $300. I've used that money to make more in that time but you're definitely right on everything.
                                              Comment
                                              • Sam Odom
                                                SBR Aristocracy
                                                • 10-30-05
                                                • 58063

                                                #93
                                                Originally posted by jjgold


                                                I love guys that go all in

                                                Ruined many of us


                                                some folks never learn
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388179

                                                  #94
                                                  Spot betting currently

                                                  A few games per day
                                                  Comment
                                                  • zorba74
                                                    SBR Hustler
                                                    • 07-27-11
                                                    • 68

                                                    #95
                                                    Originally posted by Runeblade
                                                    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?
                                                    The "optimal" bet size varies per bet as different bets offer different perceived edges.

                                                    I wouldn't worry about "optimizing" bet size at this point and risk no more than 1% of your roll while trading your equity curve; as the roll increases/decreases, your bet size follows suit.
                                                    Comment
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