Average Starting Bankroll

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  • SteveKerrsJunk
    SBR MVP
    • 10-25-13
    • 2706

    #71
    If you have patience, discipline, good money management and selections you can start with as little as 5k and start seeing some nice returns within a few months. 99% of bettors don't have the head-game, let alone the smarts to beat the juice and books. And the ones who do may not have a huge roll to put down or don't feel comfortable risking 100's or 1,000s of dollars a game which leaves a tiny fraction of people who can consistently make money at this year after year (I am not one of them).

    And I usually like to deposit around 1,000 and most always make the terrible decision to bet too big on deposit day and bet on shit I know nothing about like Soccer, foreign hockey or euroleague.
    Last edited by SteveKerrsJunk; 05-20-20, 10:58 PM.
    Comment
    • ATC727
      SBR Wise Guy
      • 08-23-14
      • 762

      #72
      Has Anyone ever been limited on 5Dimes? Can someone advise and at what point was it? When you made 10K? 30K?
      Comment
      • pretentiousGuy
        SBR High Roller
        • 09-13-18
        • 136

        #73
        Originally posted by ATC727
        Has Anyone ever been limited on 5Dimes? Can someone advise and at what point was it? When you made 10K? 30K?
        Useless data. Limiting is not usually based on amount won...
        Comment
        • 2daBank
          SBR Aristocracy
          • 01-26-09
          • 88966

          #74
          What’s the stimulus check 1200? 1200 it is!! Lol
          Comment
          • 2daBank
            SBR Aristocracy
            • 01-26-09
            • 88966

            #75
            Originally posted by ATC727
            Has Anyone ever been limited on 5Dimes? Can someone advise and at what point was it? When you made 10K? 30K?
            They care far more about the kind of bets you making than how much you won. Anyone can get hot or have a great season and run up a nice number. If you did so by beating majority of the closers they might worry, but unless they peg you as seriously only making plays with a edge they rather you keep going. Be dumb to limit someone after a hot streak!
            Comment
            • pimike
              BARRELED IN @ SBR!
              • 03-23-08
              • 37139

              #76
              Originally posted by TheLock
              It’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.
              We’ve discussed this in Vegas.

              If you play everyday ok

              But if you have a system/idea then that is no good.
              Comment
              • pilebuck13
                SBR Posting Legend
                • 05-15-15
                • 17918

                #77
                Stop looking for rules. Find a way to profit and if you can’t quit. No amount of advice or reading will make you win at betting sports.
                Comment
                • Drew Martin
                  SBR Rookie
                  • 03-28-16
                  • 38

                  #78
                  Dont bet too much. Don't bet what u can't afford to lose
                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388179

                    #79
                    Anyone selling books on gambling a failure

                    Never forget that


                    Originally posted by pilebuck13
                    Stop looking for rules. Find a way to profit and if you can’t quit. No amount of advice or reading will make you win at betting sports.
                    Comment
                    • od120731
                      SBR Sharp
                      • 11-28-18
                      • 255

                      #80
                      it solely depends on your financial situation, however the most important one is indeed keeping it fun, then you have nothing to lose, at least you entertained yourself
                      Comment
                      • BETTIX
                        SBR Rookie
                        • 12-05-13
                        • 16

                        #81
                        10K 1% BET , serious approach and decent profit
                        Comment
                        • mjsuax13
                          Moderator
                          • 03-14-15
                          • 25059

                          #82
                          Originally posted by BigdaddyQH
                          Wrong 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.
                          Yeah right... I thought your ratty grandchildren made your picks. You are a loser and a fraud.
                          Comment
                          • Headsterx
                            SBR Posting Legend
                            • 12-03-16
                            • 22785

                            #83
                            Originally posted by SteveKerrsJunk
                            If you have patience, discipline, good money management and selections you can start with as little as 5k and start seeing some nice returns within a few months. 99% of bettors don't have the head-game, let alone the smarts to beat the juice and books. And the ones who do may not have a huge roll to put down or don't feel comfortable risking 100's or 1,000s of dollars a game which leaves a tiny fraction of people who can consistently make money at this year after year (I am not one of them).

                            And I usually like to deposit around 1,000 and most always make the terrible decision to bet too big on deposit day and bet on shit I know nothing about like Soccer, foreign hockey or euroleague.
                            This is my classic betting style... just throw in the late night drunken blackjack playing and you got my life story...

                            Comment
                            • Roscoe_Word
                              SBR MVP
                              • 02-28-12
                              • 3999

                              #84
                              "Ave Starting BR" is money set aside you can afford to lose....no.

                              Figure is relative, nes par?
                              Comment
                              • R19
                                SBR Sharp
                                • 10-31-11
                                • 433

                                #85
                                Anyone have a ballpark percent of unit size that should be max spent of paid selections?

                                For example:
                                $1,000 Fee/ 100 Paid Selections/ $100 Unit Size/ 55% Win Rate/ 55 Wins/ 45 Losses/ Profit = $0.
                                $1,000 Fee/ 100 Paid Selections/ $200 Unit Size/ 55% Win Rate/ 55 Wins/ 45 Losses/ Profit = $1,000.
                                $1,000 Fee/ 100 Paid Selections/ $500 Unit Size/ 55% Win Rate/ 55 Wins/ 45 Losses/ Profit = $4,000.

                                ^
                                Lots of variables w Fee and Win Rate at the top of the list... Thanks.
                                Comment
                                • pilebuck13
                                  SBR Posting Legend
                                  • 05-15-15
                                  • 17918

                                  #86
                                  No answers to these dumb questions, if you can’t find a way to win that works for you quit. Nothing more to say
                                  Comment
                                  • veriableodds
                                    SBR Hall of Famer
                                    • 08-22-17
                                    • 5093

                                    #87
                                    Originally posted by R19
                                    Anyone have a ballpark percent of unit size that should be max spent of paid selections?

                                    For example:
                                    $1,000 Fee/ 100 Paid Selections/ $100 Unit Size/ 55% Win Rate/ 55 Wins/ 45 Losses/ Profit = $0.
                                    $1,000 Fee/ 100 Paid Selections/ $200 Unit Size/ 55% Win Rate/ 55 Wins/ 45 Losses/ Profit = $1,000.
                                    $1,000 Fee/ 100 Paid Selections/ $500 Unit Size/ 55% Win Rate/ 55 Wins/ 45 Losses/ Profit = $4,000.

                                    ^
                                    Lots of variables w Fee and Win Rate at the top of the list... Thanks.
                                    pure example of $2k starter bankroll playing value and volume
                                    -appropriate wager amount $20 or 1% per play
                                    -if you reach 2400 new bet size 24//if you hit 1600 new bet size 16
                                    -3000 wagers per year is not at all hard to find believe me(almost 50% will be dogs)
                                    - 3000 x 20 average = 60k laid you can expect to produce 7% on that lay// roi if you can hit over 55%
                                    4200 profit
                                    Comment
                                    • R19
                                      SBR Sharp
                                      • 10-31-11
                                      • 433

                                      #88
                                      How is it a dumb question? Just stating 'If you can’t find a way to win that works for you quit. Nothing more to say' is beyond pointless and Fing stupid. Already proven that some do make money betting on sports. I did very well trading NBA real time back in the early zeros, but I didn't have the time to sustain and that book went away from offering it. To the best of my knowledge there was a long period of time where real time sports betting for a game from 0 to 100 WAS NOT OFFERED anywhere in the early to mid 2000s.

                                      You all want to believe NOBODY makes money with paid selections then fine. Clearly if investment managers exist then there is a possibility for successful sports consultants to exist. Read up on Bill Benter and horse racing. They used their own capital... All I am trying to do is have a net success with sports w/ o watching everything about leagues/ games all day long.
                                      Last edited by R19; 08-21-20, 11:31 PM.
                                      Comment
                                      • veriableodds
                                        SBR Hall of Famer
                                        • 08-22-17
                                        • 5093

                                        #89
                                        Originally posted by R19
                                        How is it a dumb question? Just stating 'f you can’t find a way to win that works for you quit. Nothing more to say; is beyond pointless and Fing stupid. Already proven that some do make money betting on sports. I did very well trading NBA real time back in the early zeros, but I didn't have the time to sustain and that book went away.
                                        This is just a template
                                        as far as what to bet and where to bet you need dedication, patience, your own software or grading scorecard, ect ect and the list goes on
                                        Comment
                                        • pilebuck13
                                          SBR Posting Legend
                                          • 05-15-15
                                          • 17918

                                          #90
                                          Originally posted by R19
                                          How is it a dumb question? Just stating 'If you can’t find a way to win that works for you quit. Nothing more to say' is beyond pointless and Fing stupid. Already proven that some do make money betting on sports. I did very well trading NBA real time back in the early zeros, but I didn't have the time to sustain and that book went away from offering it. To the best of my knowledge there was a long period of time where real time sports betting for a game from 0 to 100 WAS NOT OFFERED anywhere in the early to mid 2000s.

                                          You all want to believe NOBODY makes money with paid selections then fine. Clearly if investment managers exist then there is a possibility for successful sports consultants to exist. Read up on Bill Benter and horse racing. They used their own capital... All I am trying to do is have a net success with sports w/ o watching everything about leagues/ games all day long.
                                          Nobody who wins feel the need to explain to anyone how they do it if you haven’t figured it out since mid 2000’s maybe it’s time to hang it up
                                          Comment
                                          • R19
                                            SBR Sharp
                                            • 10-31-11
                                            • 433

                                            #91
                                            I have other irons in the fire right now so I don't have the time and capital combination. I think I could place net profitably on NBA real time and probably college basketball as well, but don't like following that. Could do well in NCAAF if I watched a ton of it w focus on SEC and PAC-12. Ideally, would rather get up to a size where I could find a series of paid selection managers and just grind a net W. If people want to believe that does not exist because all the crap out there then fine.

                                            Where in the F did I say I have been actively sports betting since the 2000s? Quite the reading challenged you are. Sports trading real time NBA is a very specific focus area and 'To the best of my knowledge there was a long period of time where real time sports betting for a game from 0 to 100 WAS NOT OFFERED anywhere in the early to mid 2000s.'

                                            Who cares what you think bruh? 1 post or 1,000,000, you come across like a jack. I don't care if you own this site. If people want to ask a question just contribute or shut the H up. Same type of jacks like you exist on every single site where people talk about putting money at risk. Blah blah blah - SHUT UP.
                                            Last edited by R19; 08-21-20, 11:41 PM.
                                            Comment
                                            • pilebuck13
                                              SBR Posting Legend
                                              • 05-15-15
                                              • 17918

                                              #92
                                              Originally posted by R19
                                              I have other irons in the fire right now so I don't have the time and capital combination. I think I could place net profitably on NBA real time and probably college basketball as well, but don't like following that. Could do well in NCAAF if I watched a ton of it w focus on SEC and PAC-12. Ideally, would rather get up to a size where I could find a series of paid selection managers and just grind a net W. If people want to believe that does not exist because all the crap out there then fine.

                                              Where in the F did I say I have been actively sports betting since the 2000s? Quite the reading challenged you are. Sports trading real time NBA is a very specific focus area and 'To the best of my knowledge there was a long period of time where real time sports betting for a game from 0 to 100 WAS NOT OFFERED anywhere in the early to mid 2000s.'

                                              Who cares what you think bruh? 1 post or 1,000,000, you come across like a jack. I don't care if you own this site. If people want to ask a question just contribute or shut the H up. Same type of jacks like you exist on every single site where people talk about putting money at risk. Blah blah blah - SHUT UP.
                                              Chill man. Same people on all these sites sugar coat everything and mostly lose all I said was figure it out man there is no formula if your looking for one then your already fuked up. What’s worked for me personally start small go hard and fast then step back and chip away and if you lose it all start small again don’t think you need a specific bankroll amount of so much don’t listen to the rules do what works for you and keep doing it. Remember you only lose what you put in best of luck
                                              Comment
                                              • R19
                                                SBR Sharp
                                                • 10-31-11
                                                • 433

                                                #93
                                                Originally posted by ElJefe305
                                                Just 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.
                                                - I would say a decent 4 or 5 figure amount at least, but if you have all the money in the world and aren't managing it correctly and are not getting results, very soon you will have little.
                                                - Multiple books are an advantage so that you can get the best lines. One account with one of the top books is very capable, but 2 or 3 may be better for these reasons. Also, books are very good about working with all types of clients whereas in other gaming there may minimums that exclude a lot of people.
                                                - A unit size of 1% of bankroll or less is a good starting point.
                                                - A focus area of expertise. For example, to me NBA and NCAAF are the best. Trading basketball is at the top of the charts. Ideally, you know everything relevant about a certain sport and know what to do with it. For example, in NBA you can see teams build big runs and get a good understanding of when, how, and why key players are sitting on the sidelines, etc. This is all during game...

                                                NCAAF has a huge amount of dumb money following their favorite crap teams when the powerhouse and serious teams can actually go underweighted at times. So for example, if I had to choose right now I would spend all my time on the SEC and southeastern teams as well as PAC-12.
                                                - You don't need to draw on profit unless that amount drawn is of a minimal drag to overall bankroll.

                                                ^
                                                IMO, non-pro view.


                                                $100,000 bankroll
                                                Unit size $1,000
                                                1 Year: 1,000 plays w 510 Wins and 490 losses
                                                $20,000 profit.

                                                What percent of sports players are in this situation or better?


                                                How about this?

                                                $500,000 bankroll
                                                Unit size $5,000
                                                1 Year: 1,000 plays w 510 Wins and 490 losses
                                                $100,000 profit.
                                                Last edited by R19; 08-22-20, 05:34 PM.
                                                Comment
                                                • Roscoe_Word
                                                  SBR MVP
                                                  • 02-28-12
                                                  • 3999

                                                  #94
                                                  As a poster stated 1% or 2% is safe (for me).

                                                  IMHO, the specific figure of a starting BR is relative.

                                                  Those 0 for 4 days are a thing that "sticks in my craw."

                                                  I think at 1%, we can survive these days without pessimism and stress.

                                                  Don't know about you fellas, but if I can make 5% a year on sports bettin, I'd be very happy with that.

                                                  I know sharpsters and many SBR members exceed that, and to that I say "A Salute."

                                                  5% is better than CDs, but not as good as some other investments.

                                                  If I have a good year, the best I can do int the "11 to 10" world is 55% ATS.

                                                  GL to all bettors.
                                                  Comment
                                                  • JayLA
                                                    SBR Hall of Famer
                                                    • 09-11-12
                                                    • 7806

                                                    #95
                                                    Lol so many pro sports bettors here
                                                    I guess if I had patience I would make a small profit, I'm just too bullish and aggressive.

                                                    I did turn a 30x roll over once. That took patience, discipline, and units.
                                                    Last edited by JayLA; 08-22-20, 05:45 PM.
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388179

                                                      #96
                                                      My bank roll getting close to zero
                                                      Comment
                                                      • mjsuax13
                                                        Moderator
                                                        • 03-14-15
                                                        • 25059

                                                        #97
                                                        Originally posted by jjgold
                                                        My bank roll getting close to zero
                                                        It’s always been just a little above zero.
                                                        Comment
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