[mindlessacts]

Fairly new to sports betting and these forums, but wanted to write about my recent experience sports betting and hopefully offer some assistance to others. I know there are plenty of write ups of what not do in sports betting, but I think making rules specific to yourself is very important!

I already feel so much better just writing these out. Now I feel like I can bet without fear that I'm going to lose control, and more importantly without being stressed! Instead I just enjoy it now!

The reason I came up with these rules for myself is because I blew my entire bankroll recently. I got to a point where I thought I was invincible and started placing huge bets. I was highly stressed watching the games, and my friends were starting to get nervous that I was "losing it". I bet to make money, but I also want to enjoy it. Just like a job, making money is the goal, but you should also enjoy it!

I hope that you all will consider doing what I did and write out some rules for yourself, I promise you will win more money and enjoy the ride a lot more!

Best of luck fellow betters!

My Betting Rules
1. All betting decisions will be made at the beginning of the betting day. I will not make additional bets due to wins or losses earlier in the day, no backing up bets, etc. NO CHASING
2. I will make primarily straight bets (75%+ of all bets)

a. I will have two betting amounts for straight bets

b. $250 for straight bets that I’m confident in

c. $50 for straight bets that I’m extremely confident in.
***The amounts will obviously be based off the individuals bank rolls, I currently play with a $5000 bank roll, so most bets will be 1/20 of my bank roll and bets I’m very confident in will be 1/10 of my bank roll.

3. I will minimize my parlay bets. (only 10-15% of my bets)
a. $50 max for 5+ game parlays
b. $100 max for 4 or less game parlays
c. $150 max for 3 or less game parlays if I’m very confident in them
4. I will not get emotionally attached to bets, no getting angry or overly happy when I win. Just another business transaction that I will move on from.
5. I will not bet games that I’m unsure about or that I have not done extensive research on.

a. No placing bets that “I heard” were really good. We always get friends trying to sell us on a bet, don’t let it happen!


Anyways maybe you have already done this or maybe this doesn't interest you, but I hope we all take back the control of our betting, being out of control is not a feeling anyone wants!

[ClimbSomeRocks]

Another rule for me is to have a balance target at a given sportsbook. Once I hit that target I will withdraw my money, and search for a deposit bonus at a B or higher rated book here at SBR.

[steve227]

Sounds like you got a pretty good handle on things for being a newbie, of course you are bound to hear from the many brilliant minds here on how you got it all wrong. Just saying, its pretty brutal around here . But hey welcome

[mindlessacts]

Another rule for me is to have a balance target at a given sportsbook. Once I hit that target I will withdraw my money, and search for a deposit bonus at a B or higher rated book here at SBR.

I think that is a definite must to my rules, I just had a pretty substantial bank roll a while back, and had I withdrawn 75% I still would have had a great bankroll to work with. If I may ask, what is your balance target?

Sounds like you got a pretty good handle on things for being a newbie, of course you are bound to hear from the many brilliant minds here on how you got it all wrong. Just saying, its pretty brutal around here . But hey welcome

Thanks, I figure if I'm gonna do this I better do it right. I've been reading through a good amount of posts, does seem to be pretty brutal, but it wouldn't be an online forum if you weren't frequently insulted.

[strategydojo]

Our rules are very similar. I had $300 riding on the Panthers tonight, and decided to check the final score on my computer before going to bed. I was reflecting how it was just another transaction and I had zero emotional attachment to it.

Overall I really like your rules

[HeeeHAWWWW]

A good idea to force betting discipline like this.

However, stake sizes of 5%-10% bankroll are far too high. Most professional gamblers use 1-3%.

[Goat Milk]

A good idea to force betting discipline like this.

However, stake sizes of 5%-10% bankroll are far too high. Most professional gamblers use 1-3%.

where you been. never see you post anymore not even during the grand slams

[easyliving]

as pointed out above with betting such a large % of your bankroll unless your on a hot run initially you can go broke real quick

[Smoke]

Not bad

Theres a guy named brock landers here he's almost 50 years old

PM him and help this guy he steals from his wife and kids and has zero money managment

[BigDeem5]

Mon3y M4n4g3m3nt 4 l0zers

[Lineman]

Plan The Bet/Bet The Plan
Having the discipline to follow the plan, that's a totally different ball game.
Wishing you well!