Turned 5k to 26k in Bookmaker. Keep going or cash out?

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  • golfholic
    SBR Rookie
    • 08-17-21
    • 38

    #1
    Turned 5k to 26k in Bookmaker. Keep going or cash out?
    Hey guys,

    Like the title states, I just turned 5k into over 26k on Bookmaker in less than 2 weeks. Should I keep going til I reach 100k or should I cash out?

    Anybody with large balance on bookmaker, feedback would be appreciated.
  • texhooper
    SBR Posting Legend
    • 01-05-09
    • 10001

    #2
    You’re not going to, I just can tell by the ridiculous way you’re phrasing this, but you 100% need to cash something out.
    Comment
    • cincinnatikid513
      SBR Aristocracy
      • 11-23-17
      • 45360

      #3
      why not cash out 21k and turn the 5k into 26k again
      Comment
      • golfholic
        SBR Rookie
        • 08-17-21
        • 38

        #4
        FYI I am no noob at this and have been doing this for years, so it wasn't just a lucky streak.
        Comment
        • mjsuax13
          Moderator
          • 03-14-15
          • 25115

          #5
          Originally posted by cincinnatikid513
          why not cash out 21k and turn the 5k into 26k again
          This is absolutely correct. Do it in increments of $5k (where you started). Post your plays. We will go on the ride with you, OP.
          Comment
          • golfholic
            SBR Rookie
            • 08-17-21
            • 38

            #6
            The reason I ask is because I've been increasing my bet amount by $100 as my balance goes up. Started betting to win $500, now $600, and if I get over 30k which will happen very soon, plan to go up to $700, on and on til I get to 100k. If I cash out, i need start back over at $500 and make my way up. Know what I'm saying?
            Comment
            • cincinnatikid513
              SBR Aristocracy
              • 11-23-17
              • 45360

              #7
              easy come easy go



              Comment
              • Vyasports
                SBR Hall of Famer
                • 01-27-19
                • 4946

                #8
                Originally posted by cincinnatikid513
                why not cash out 21k and turn the 5k into 26k again
                100% correct, logically!

                But what I do is withdraw half the amount and increase my stake. I've learned that you do not wana withdraw too much of your balance at once, books dn't like that...they may delay payout or even ask for docs or some other excuses (in my experience)
                Comment
                • DrunkHorseplayer
                  SBR Hall of Famer
                  • 05-15-10
                  • 7719

                  #9
                  Originally posted by cincinnatikid513
                  why not cash out 21k and turn the 5k into 26k again
                  Spot on.
                  Comment
                  • goduke
                    SBR Posting Legend
                    • 02-17-10
                    • 11580

                    #10
                    You will hit a cold streak and you will venture away from your regular sized bets. Take 21k out. Try to build with the 5k up to 25k again. Take 20k out and repeat. At any point you go cold and have to redeposit start slow so that your hot streaks always outpace your losing streaks. You won’t listen to anyone on this forum though because you are already talking about turning 26k into 100k. It isn’t going to happen. And that’s not being negative that’s just telling you how it is.
                    Comment
                    • golfholic
                      SBR Rookie
                      • 08-17-21
                      • 38

                      #11
                      Thanks for feedback and responses guys! Anyone in here with a large balance on Bookmaker have any advice/past experiences?
                      Comment
                      • golfholic
                        SBR Rookie
                        • 08-17-21
                        • 38

                        #12
                        Think I will keep going until at least 40k or 50k and then cash out half.
                        Comment
                        • ThaTopMoron
                          BARRELED IN @ SBR!
                          • 04-30-10
                          • 27020

                          #13
                          cash something out and continue on
                          Comment
                          • hehfest
                            SBR Hall of Famer
                            • 09-28-08
                            • 7934

                            #14
                            Leave 10k in there. Double leftover from your original. Still get bet larger wagers, but also got out 16k. Well, this is what I would do anyway. Or, cash it all out. And send that 10k somewhere else. This book might not like that 10k left in there turned into another 40k or something. LOL
                            Comment
                            • golfholic
                              SBR Rookie
                              • 08-17-21
                              • 38

                              #15
                              Is 10-20k payouts even a big deal for sportsbooks like Bookmaker? They've been around a long time. I'd imagine there would be people with six figure balances and cashing out much more?
                              Comment
                              • hehfest
                                SBR Hall of Famer
                                • 09-28-08
                                • 7934

                                #16
                                Originally posted by golfholic
                                Is 10-20k payouts even a big deal for sportsbooks like Bookmaker? They've been around a long time. I'd imagine there would be people with six figure balances and cashing out much more?
                                I had near 15k @ BM after the last SB big hit. I cashed it all out and got it within 3 hours via BTC (also had some at BOL but way less). You're not going to have problems.
                                Comment
                                • golfholic
                                  SBR Rookie
                                  • 08-17-21
                                  • 38

                                  #17
                                  Originally posted by hehfest
                                  I had near 15k @ BM after the last SB big hit. I cashed it all out and got it within 3 hours via BTC (also had some at BOL but way less). You're not going to have problems.

                                  THIS is what I needed to hear. Thanks man
                                  Comment
                                  • Orbison
                                    SBR MVP
                                    • 09-07-20
                                    • 4691

                                    #18
                                    if you're asking whether you should cash out because you're worried your money might not be safe, don't sweat it. let's put it this way.. even if you were able to run-up your current balance ten-fold, you still wouldn't have anything to worry about. and they'll pay out any amount you request at any time quickly.
                                    Comment
                                    • ThanksForTheFade
                                      SBR MVP
                                      • 04-05-21
                                      • 1240

                                      #19
                                      Originally posted by golfholic
                                      Hey guys,

                                      Like the title states, I just turned 5k into over 26k on Bookmaker in less than 2 weeks. Should I keep going til I reach 100k or should I cash out?

                                      Anybody with large balance on bookmaker, feedback would be appreciated.
                                      Its capped at 25k/day, 50k/week, and 100k/month. U could try running this up to like 40k then take out 25k. The caps per week and month factor in what uve cashed out each day, week etc. If u cash out 25k two days in a row then u need to wait 1 week before u can do another 25k, and if uve already done 100k in 2 weeks then u are capped until 1 month passes. No incentive to run the account up huge. 50k is a fair goal, so yea I'd cash out soon
                                      Comment
                                      • omega
                                        SBR MVP
                                        • 04-20-14
                                        • 1201

                                        #20
                                        Originally posted by golfholic
                                        Thanks for feedback and responses guys! Anyone in here with a large balance on Bookmaker have any advice/past experiences?
                                        I won’t give details, but I had a very similar experience to you recently.

                                        One thing I would definitely NOT do is reduce your bankroll size drastically, and the reason is not Bookmaker. From what I hear here and my experience they are solid.

                                        The reason, as I’m sure you know, is you’ll limit your rate of growth. I’m assuming your average bet size is some % of your overall bankroll size. At 25k, you can run $1,000 bets at 5% of your bankroll. I don’t know your comfort level or your system, but I’m sure you do something similar.

                                        What you want to do instead is GRADUAL withdrawal. For example, if you have 5, you set a goal. Every 4K you win, you withdraw 1k. You reach 9k, withdraw 1, are at 8. You hit 12, withdraw 1, are at 11. You hit 15, withdraw 1, are at 14. This allows you to slowly and gradually siphon out profits WITHOUT hurting your growth rate. The entire point is to grow the roll so that you can grow faster. At a 100k roll, you could run 1k bets (1% of your roll) quite comfortably and with low risk.

                                        You can implement this strategy however you want, whatever ratio you want. If you want to withdraw 1k for every 3k you make, or withdraw 1k for every 5k you make, or withdraw 1k for every 10k, do whatever you’d like.

                                        You also need to know your end goal or overall strategy. If you specialize in a certain sport and are much better in that one than others, you probably want to withdraw the roll or at least pause once the season is over.

                                        If you are confident enough in your abilities to pick winners year round, then a standing bankroll should be your goal. Of course this is the ultimate goal and not easy. So know your end goal. In the beginning my rules are simple. Recoup the initial investment and build the roll. If I were you, I would recoup the initial investment AT LEAST right now. This puts your roll at 20k, brings your 5k back, and you have lost nothing theoretically. If from there you wish to siphon 1k for every 4-5k generated, that’s not a bad idea.

                                        I will say that there is a point at which you probably reach optimal / maximum bankroll size, perhaps at 100-200k. At that point I think bankroll growth ceases to be as important, and the profit generated can be withdrawn as income. If you have 100k bankroll, and can bet 1k as 1%, you can probably make 1k a day, if not much more, assuming you’re decently capable. From that point on, it’s mostly just taking profits. This is generally how I see it. Of course this all assumes that everything goes correctly, which as we all know is never guaranteed in this business.
                                        Comment
                                        • Vyasports
                                          SBR Hall of Famer
                                          • 01-27-19
                                          • 4946

                                          #21
                                          Another thing i'd like to mention is never keep your whole betting bankroll at one book; diversify.
                                          Comment
                                          • ChuckyTheGoat
                                            BARRELED IN @ SBR!
                                            • 04-04-11
                                            • 37449

                                            #22
                                            Originally posted by texhooper
                                            You’re not going to, I just can tell by the ridiculous way you’re phrasing this, but you 100% need to cash something out.
                                            Yes. Take out at least 20% (5k):

                                            1) Buy yourself something nice for about $1000. Either a vacation or something material that you've wanted. Reward yourself.
                                            2) Put some $$ into an investment. Put that profit toward your future.
                                            Where's the fuckin power box, Carol?
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388179

                                              #23
                                              good work

                                              We never know how much these guys lose though probably 200,000
                                              Comment
                                              • slayer14
                                                SBR Posting Legend
                                                • 08-12-13
                                                • 22021

                                                #24
                                                Cash out 15k and carry on with 10k to bet with.
                                                Comment
                                                • juicername
                                                  SBR Hall of Famer
                                                  • 10-14-15
                                                  • 6906

                                                  #25
                                                  Keep
                                                  go
                                                  ing
                                                  Comment
                                                  • juicername
                                                    SBR Hall of Famer
                                                    • 10-14-15
                                                    • 6906

                                                    #26
                                                    Originally posted by golfholic
                                                    FYI I am no noob at this and have been doing this for years, so it wasn't just a lucky streak.
                                                    Of course not. Sounds like you've been in this situation many times.
                                                    Comment
                                                    • RudyRuetigger
                                                      SBR Aristocracy
                                                      • 08-24-10
                                                      • 65084

                                                      #27
                                                      where do we sign up for your plays?


                                                      price?


                                                      THANKS
                                                      Comment
                                                      • thetrinity
                                                        SBR Posting Legend
                                                        • 01-25-11
                                                        • 22430

                                                        #28
                                                        7 posts "does this all the time" comes and asks us for advice
                                                        Comment
                                                        • Roger T. Bannon
                                                          SBR Hall of Famer
                                                          • 06-28-18
                                                          • 5139

                                                          #29
                                                          When else will you have an opportunity like this? 100K or bust!!!
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #30
                                                            Originally posted by thetrinity
                                                            7 posts "does this all the time" comes and asks us for advice
                                                            yeh probably a tout set up thread
                                                            Comment
                                                            • Doug tushyterror
                                                              SBR MVP
                                                              • 07-03-12
                                                              • 4172

                                                              #31
                                                              SHOCKINGLY no screenshot to provide any actual proof.
                                                              I actually believe him I'm cuz let's be honest 5K to 26K isn't all that impressive but what's so hard about posting the proof?
                                                              Comment
                                                              • Demonata
                                                                BARRELED IN @ SBR!
                                                                • 07-12-11
                                                                • 25829

                                                                #32
                                                                He should go all in.
                                                                Comment
                                                                • Runeblade
                                                                  SBR MVP
                                                                  • 09-29-17
                                                                  • 2579

                                                                  #33
                                                                  What was the process of increasing the balance?
                                                                  Comment
                                                                  • texhooper
                                                                    SBR Posting Legend
                                                                    • 01-05-09
                                                                    • 10001

                                                                    #34
                                                                    Getting some fed vibes from op. Signs up and the first thing he wants to know is who has huge balances at a specific book hahaha…get outta here narc
                                                                    Comment
                                                                    • mjsuax13
                                                                      Moderator
                                                                      • 03-14-15
                                                                      • 25115

                                                                      #35
                                                                      Originally posted by texhooper
                                                                      Getting some fed vibes from op. Signs up and the first thing he wants to know is who has huge balances at a specific book hahaha…get outta here narc
                                                                      LOL. No shit. Need to seize the cash to pay for more garbage.
                                                                      Comment
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