Started with 10k and now down over a million or so.
Average Starting Bankroll
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flyingilliniSBR Aristocracy
- 12-06-06
- 41219
#36המוסד
המוסד למודיעין ולתפקידים מיוחדים
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jjgoldSBR Aristocracy
- 07-20-05
- 388179
#37End of thread
Originally posted by flyingilliniStarted with 10k and now down over a million or so.Comment -
scottgodson1985SBR Sharp
- 11-17-12
- 347
#38the one time iva actually agreed with jjgold 30k-50k spread across 5-7 booksComment -
CISSBR Hustler
- 07-29-19
- 62
#39i started long time ago with 400€, did some bonuses to make it over 1k, then did betting starting with, if remember correctly, 25€ stakes and turned it to 16k within a year, while betting max 2-3% per stake. So its possible but requires a very good discipline.
In the end, it all comes down to how much you want to make. If you have 5% edge and make like 500bets per month then its easy to calculate expected returns and see where you heading towards. Ive seen guys make around 5-10k per month with 100€ stakes and over 500 bets on average. As you can see its a bit of a hustle but still possible.
Of course, the bigger the roll, the easyer it is. Not just because you can bet less with greater stakes but even with 50k roll, betting 500 per bet is more than enough to make a good living. Even if your edge is like 2% and you target volume, then with 2% roi and 6x rollover you could make 6k or around 10% return.
Altough, it depends a lot of the leagues also you play but its getting pretty hard to get in over 500 in my opinion without losing value... so would say that having over 100k roll is pretty pointless in most of the cases. Except if you solely bet on big leagues with very good limits.Comment -
lonegambler23SBR Hall of Famer
- 06-22-16
- 9760
#40Originally posted by The General100$. 5$ bets. Keep it fun. Keep it enjoyable and stress free. One sportsbook. Any more, you'll start thinking your good at it then it all goes bad.
Good luckComment -
lleytian3SBR Rookie
- 03-31-19
- 27
#41Originally posted by captrobeyI am sorry sir there is a correct answer . " Is it possible to lose 15 lbs in a day" The answer is yes . Most people can still survive with 1 arm. That is the correct answer.Comment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
#42Originally posted by ElJefe305Just wanted to get a sense from the rest of the SBR community concerning the average starting bankroll for a serious sports bettor. Also how many casinos/online sites are normally utilized?
Thanks in advance and stay safe out there.
Let me take a crack at the amount of sportsbooks question. Eventually you'll be shocked at how many accounts you end up with spread out across basically every top flight book and a bunch of crap books, as well, but don't worry about any of that at first.
Just start with the easiest books to beat, and maximize the bonuses they offer. Others may disagree, but I think Bovada and MyBookie / Xbet are two of the easiest books to beat since they offer bets on tons of props and exotics, including stuff they use for promotional purposes and expect to lose money on.
The props section of 5dimes / Sportbet / BAS / Vietbet is likewise pretty vulnerable, but the problem with all these books is they slash bet limits pretty fast. By doing a bunch of square bets (we call it "doing laundry") you can hide and disguise your advantage plays for a while, but the bottom line is there's no way to hide a climbing balance for long.
If things go well at the first few books, try a few more. When they toss you out of Bovada/MyB/5d, or constructively toss you out by cutting your limits to near nothing, ruminate on the problem a while. GL, my friend!Comment -
captrobeyBARRELED IN @ SBR!
- 09-02-10
- 34384
#43Originally posted by lleytian3Hilarious. You say there is a correct answer then proceed to say that someone is able to lose 15lbs in a day. Of course it is possible, ANYTHING is possible, but whether or not that is the answer actually matters. Not just spitting out stupid hypotheticals with no chance...SMHComment -
5918mikeSBR MVP
- 04-16-14
- 1887
#44I'm strictly a rec player and bonus whore. I move the bonus from book to book, use 2 books to cashout and shoot for $500 a month. I start with $1000 in my cashout books every month.Comment -
shadymcgradySBR Posting Legend
- 02-27-12
- 10036
#45Down anywhere between 2-3k in the hole at the start of every week hoping to break even by Sunday. Always ended well... for the bookies. Seems like a distant memory now, those were the daysComment -
JoeCool20SBR MVP
- 05-31-18
- 4440
#46Originally posted by shadymcgradyDown anywhere between 2-3k in the hole at the start of every week hoping to break even by Sunday. Always ended well... for the bookies. Seems like a distant memory now, those were the days
What percentage of people on this site do you think are actually up money in their gambling lifetime? 1%? Or less?Comment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
#47Originally posted by 5918mikeI'm strictly a rec player and bonus whore. I move the bonus from book to book, use 2 books to cashout and shoot for $500 a month. I start with $1000 in my cashout books every month.
I've never understood why so many experienced players reject bonuses. Once you get the hang of the bonus/rollover paradigm -- which granted, isn't easy -- declining bonuses is the basically the same as declining cash.
I also think books get suspicious of those accts more quickly (hey, squares love bonuses so I love bonuses.) My own technique is to feign a little ignorance, maybe ask about the difference between cash and fps. "Interesting. So then could I use my, uh, free play to bet on the Packers to win the Super Bowl? Oh, OK, no, that's cool. I'll figure it out."Comment -
JIBBBYSBR Aristocracy
- 12-10-09
- 83686
#48Average starting bankroll with the books now with Corona should be zero.. Nothing to bet on. Futures that's it..
Gov Stim checks coming in a week or so for you broke bastards that made under a 100 gees that filed for your taxes in the past 2 years..
You then have a decision make - buy food or reload on books but still there is nothing to bet on...
Keeping it real.Comment -
TheMetsSuckSBR Hall of Famer
- 01-14-12
- 6146
#49it's all relative. this has always been the dumbest question when it comes to sports betting. Bet within your comforts. I am so freakin guilty of betraying that rule that it's funny i'm advocating for it. Honest truth....you are not an amazing sports gambler. You love sports and love gambling. On occasion you'll have a really good day but for the most part it'll be negative or even at best for recreational gamblers ( pros t00).
Best advice is to put in an amount of money wouldn't be devastated losing and just gambline for entertainment value as opposed to trying to pay the bills. gambling is tough enough without the pressure of having essential bills on the line. In reality, you probably suck at gambling and should keep it recreational or you wouldn't have made this thread. good luckComment -
mezmurized2SBR MVP
- 12-02-19
- 1232
#50Originally posted by MeanPeopleSuckI think that's a great approach. Toss in a sixer and a spliff you've got yourself a Sunday afternoon worth living.
I've never understood why so many experienced players reject bonuses. Once you get the hang of the bonus/rollover paradigm -- which granted, isn't easy -- declining bonuses is the basically the same as declining cash.
I also think books get suspicious of those accts more quickly (hey, squares love bonuses so I love bonuses.) My own technique is to feign a little ignorance, maybe ask about the difference between cash and fps. "Interesting. So then could I use my, uh, free play to bet on the Packers to win the Super Bowl? Oh, OK, no, that's cool. I'll figure it out."
Good tips in your posts!Comment -
5918mikeSBR MVP
- 04-16-14
- 1887
#51Originally posted by MeanPeopleSuckI think that's a great approach. Toss in a sixer and a spliff you've got yourself a Sunday afternoon worth living.
I've never understood why so many experienced players reject bonuses. Once you get the hang of the bonus/rollover paradigm -- which granted, isn't easy -- declining bonuses is the basically the same as declining cash.
I also think books get suspicious of those accts more quickly (hey, squares love bonuses so I love bonuses.) My own technique is to feign a little ignorance, maybe ask about the difference between cash and fps. "Interesting. So then could I use my, uh, free play to bet on the Packers to win the Super Bowl? Oh, OK, no, that's cool. I'll figure it out."Comment -
pilebuck13SBR Posting Legend
- 05-15-15
- 17918
#52Serious roll very vague. No point in throwing in large amount start w what you can afford. Bookmaker best in the business never had a issue have had over 6 figures in there never worried about my money. Fast bitcoin payouts. Fuk bonuses man. If your a good handicapper you will make money no need for bullshit rollover requirements...
Right before sports died. I miss it but I’m in no hurry. Gl
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Hot JerrySBR Hall of Famer
- 08-16-13
- 5545
#53Originally posted by Hot Jerry10 K+ is good safe start if u know what u doing !!Comment -
astonSBR MVP
- 11-05-08
- 1185
#54Originally posted by pilebuck13Serious roll very vague. No point in throwing in large amount start w what you can afford. Bookmaker best in the business never had a issue have had over 6 figures in there never worried about my money. Fast bitcoin payouts. Fuk bonuses man. If your a good handicapper you will make money no need for bullshit rollover requirements...
Right before sports died. I miss it but I’m in no hurry. Gl
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lleytian3SBR Rookie
- 03-31-19
- 27
#55Originally posted by pilebuck13Serious roll very vague. No point in throwing in large amount start w what you can afford. Bookmaker best in the business never had a issue have had over 6 figures in there never worried about my money. Fast bitcoin payouts. Fuk bonuses man. If your a good handicapper you will make money no need for bullshit rollover requirements...
Just advising that as long as they are a good handicapper and they'll make money is honestly the most square advice ever. You minus well just say picking winners and then you'll be rich.
Look if you seriously want to be good at this, it needs a lot of work and you should start small and get a large sample size like 500 bets before you make any considerations about having a large bankroll and making big bets.Comment -
Louisvillekid1SBR Aristocracy
- 10-17-07
- 52143
#56I can vouch for pilerComment -
BigdaddyQHSBR Posting Legend
- 07-13-09
- 19530
#57Originally posted by jjgoldyour are not making a living off sports betting please get that out of your mind betting one side
The few that do just get buy and all their money is is in books and very little cash in pocket
Its a poor mans gameComment -
lleytian3SBR Rookie
- 03-31-19
- 27
#58Originally posted by BigdaddyQHWrong again JJ. It is a game that can make men like yourself poor. I have more money in my gaming account than you have ever had at any point in your life. I look at serious gaming as a job. An investment, if you will. I compare it to the stock market. There are ways of making money if you know the in's and out's of the game you are wagering on. I only wager on football. I know more about football wagering than ANYONE else in this place because I have been doing it successfully longer than anyone else in here. I was taught by some of the best in the business, and I paid attention, listened, and learned my trade just like anyone would do learning a trade. If you have that kind of dedication and self control, you can succeed. The problem in here is simple. NO ONE has that kind of dedication and/or self control.Comment -
Louisvillekid1SBR Aristocracy
- 10-17-07
- 52143
#59Originally posted by BigdaddyQHWrong again JJ. It is a game that can make men like yourself poor. I have more money in my gaming account than you have ever had at any point in your life. I look at serious gaming as a job. An investment, if you will. I compare it to the stock market. There are ways of making money if you know the in's and out's of the game you are wagering on. I only wager on football. I know more about football wagering than ANYONE else in this place because I have been doing it successfully longer than anyone else in here. I was taught by some of the best in the business, and I paid attention, listened, and learned my trade just like anyone would do learning a trade. If you have that kind of dedication and self control, you can succeed. The problem in here is simple. NO ONE has that kind of dedication and/or self control.
back in the day you were too SEC NCAAF top heavy money lines
Best of luckComment -
WabashwondersSBR Wise Guy
- 02-28-20
- 813
#60Average starting bankroll shouldn’t be any more than you can afford to lose. Because the average gambler will lose it all.Comment -
TheLockSBR Posting Legend
- 04-06-08
- 14427
#61It’s more like......what is your Implied Bankroll?
If you’re just starting out (and not a pro who is using Kelly bet sizing) I would suggest never wagering more than say, 1.5% of your entire bankroll on any one sporting event.Comment -
lonegambler23SBR Hall of Famer
- 06-22-16
- 9760
#62Originally posted by flyingilliniStarted with 10k and now down over a million or so.Comment -
kofsportsSBR Rookie
- 01-04-17
- 5
#63I hate to see bettors let other people influence the amount of money that they bet with. The simple answer is that your starting bankroll should only be as much as you are comfortable with. This number is going to be different for everyone. If you are comfortable starting with $100, great. You can build your bankroll up over time as you gain for knowledge and experience. But just because someone says you need to start with a minimum amount shouldn't influence your decision.Comment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#64Originally posted by lleytian3I have the dedication. Teach me please. Im serious.
He read a book and is spouting it out.
He's been lying since day one...
Here's where BigDaddy "No Show" Douche Nozzle lies about making and winning bets from years ago.
Multiple posters call him out for it...
https://www.sportsbookreview.com/for...l#post28650755
And here's more bullshit he tried to throw at the Forum...
He's nowhere near telling the truth.
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KVBSBR Aristocracy
- 05-29-14
- 74817
#65Originally posted by Louisvillekid1Your growing on me
back in the day you were too SEC NCAAF top heavy money lines
Best of luck
I entered his thread once, wished him luck, then asked him about a line.
He went apeshit and did everything but justify the line.
Because it didn't exist anywhere. Guy made it up.
Needless to stay, I never went back to his thread.
I know the markets and know what lines were where. Have a whole team for that.
And I'm the troll.
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lonegambler23SBR Hall of Famer
- 06-22-16
- 9760
#66Originally posted by pilebuck13Serious roll very vague. No point in throwing in large amount start w what you can afford. Bookmaker best in the business never had a issue have had over 6 figures in there never worried about my money. Fast bitcoin payouts. Fuk bonuses man. If your a good handicapper you will make money no need for bullshit rollover requirements...
Right before sports died. I miss it but I’m in no hurry. Gl
Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#67It’s going to be interesting what people come back with when sports start more or less than beforeComment -
Itsamazing777SBR Posting Legend
- 11-14-12
- 12602
#68Average deposit 100
Many reload dailyComment -
ChosenjuanSBR Rookie
- 10-08-19
- 11
#69I started sports betting last year. I put in $100 and that lasted me the whole nfl and college football season. This year I deposited $300 and plan to allocate it with $100 towards NFL, $100 towards College football and $100 towards soccer. I try to not bet more than $25. Looking forward to seeing sports again!Comment -
lonegambler23SBR Hall of Famer
- 06-22-16
- 9760
#70once i build up my account i get real ballsy. have to risk it for the biscuitComment
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