How much bankroll is enough to quit your minimum wage job

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  • pat venditto
    SBR Posting Legend
    • 05-07-07
    • 14347

    #1
    How much bankroll is enough to quit your minimum wage job
    And gamble for side cash..While going to college?
  • ipickwinners
    SBR MVP
    • 01-06-08
    • 3136

    #2
    30k
    Comment
    • Reload
      SBR Posting Legend
      • 03-23-08
      • 12250

      #3
      250k
      Comment
      • UntilTheNDofTimE
        SBR Hall of Famer
        • 05-29-08
        • 9285

        #4
        well if your only planning on making 800 a month. given a 50 buck unit. bout 5,000 for a bankroll
        Comment
        • chrisharvard01
          Restricted User
          • 10-24-08
          • 2943

          #5
          Pay up all bills for the month while saving two full pay checks.

          after you get the 2nd check find one or two games and play all of it.

          (buy some peanut butter and bread for in case you lose)


          if it hits, you've doubled-- take half off the table; repeat.
          Comment
          • Sam Odom
            SBR Aristocracy
            • 10-30-05
            • 58063

            #6
            How much net per Month is a min wage job these days?
            Comment
            • shhhhh22
              SBR MVP
              • 10-30-08
              • 2357

              #7
              Originally posted by Sam Odom
              How much net per Month is a min wage job these days?
              $6 an hour MAX. and then figure out how many hours you see college kids work. 10-15 at most.

              so between $60-$90 a week
              Comment
              • ipickwinners
                SBR MVP
                • 01-06-08
                • 3136

                #8
                min wage various from state to state, so u cant say 6 an hour....min wage in PA is about $7.25....so anywhere in between 6-8
                Comment
                • Sam Odom
                  SBR Aristocracy
                  • 10-30-05
                  • 58063

                  #9
                  $8.00 X 40 = 320.00 - 20% = 256.00 X 4.33 = 1108.00 Month Net
                  Comment
                  • accuscoresucks
                    SBR Hall of Famer
                    • 11-03-07
                    • 7160

                    #10
                    Originally posted by UntilTheNDofTimE
                    well if your only planning on making 800 a month. given a 50 buck unit. bout 5,000 for a bankroll

                    agree with this quote


                    also with such a median bank to start i would not wager higher than 1.5% on any given play till bank get larger
                    Comment
                    • UntilTheNDofTimE
                      SBR Hall of Famer
                      • 05-29-08
                      • 9285

                      #11
                      Originally posted by accuscoresucks
                      agree with this quote


                      also with such a median bank to start i would not wager higher than 1.5% on any given play till bank get larger

                      Comment
                      • GELATINOUS CUBE
                        SBR MVP
                        • 08-09-09
                        • 4534

                        #12
                        What's your rent? How much is the minimum bet at your book? You can start with $80 if you are good. But, just get your rent paid, and like $200 cash, and you can easily live off the residuals from that two hundred, if you bet a lot and your good. but you might want to work part time for rent, so you don't end up in the park.
                        blog '09-'10: 37-16: +$31,900
                        mlb 2010; 16-12: +$4,540
                        gellyhoops 2010: 10-6 +$3,150
                        overall: 63-34 +$40,290
                        Comment
                        • pimike
                          BARRELED IN @ SBR!
                          • 03-23-08
                          • 37140

                          #13
                          You should always have some type of work. Part-time something. Everybody goes on bad runs.
                          Comment
                          • pat venditto
                            SBR Posting Legend
                            • 05-07-07
                            • 14347

                            #14
                            I live rent free. About 500$ in bills per month. Don't need much money, fairly frugal person.
                            Comment
                            • GELATINOUS CUBE
                              SBR MVP
                              • 08-09-09
                              • 4534

                              #15
                              If you have $1000, you can make $100/a/day off it by betting $500 of it every day, if you are 62% or over, cuz even if you lose a bit one day, you aren't going to hit zero. So, 5 times what you want to make a day times two. Minimum wage at Taco Bell, you get $40 day, so $400, and you might as well quit and gamble, or you could at least.
                              blog '09-'10: 37-16: +$31,900
                              mlb 2010; 16-12: +$4,540
                              gellyhoops 2010: 10-6 +$3,150
                              overall: 63-34 +$40,290
                              Comment
                              • pat venditto
                                SBR Posting Legend
                                • 05-07-07
                                • 14347

                                #16
                                I wouldn't be asking this question if all i had was 1k.
                                Comment
                                • Justin7
                                  SBR Hall of Famer
                                  • 07-31-06
                                  • 8577

                                  #17
                                  If you're earning minimum wage today, you're a big underdog to win at this regardless of your bankroll.
                                  Comment
                                  • InTheHole
                                    SBR Posting Legend
                                    • 04-28-08
                                    • 15243

                                    #18
                                    Originally posted by Justin7
                                    If you're earning minimum wage today, you're a big underdog to win at this regardless of your bankroll.
                                    Comment
                                    • pat venditto
                                      SBR Posting Legend
                                      • 05-07-07
                                      • 14347

                                      #19
                                      Chip and a chair justin.
                                      Comment
                                      • GELATINOUS CUBE
                                        SBR MVP
                                        • 08-09-09
                                        • 4534

                                        #20
                                        If you've posted over 9000 times and you only have 6 sbr points, you must suck!!! No I'm just kidding dude!

                                        Are you any good? What's you're average day like win-loss.
                                        blog '09-'10: 37-16: +$31,900
                                        mlb 2010; 16-12: +$4,540
                                        gellyhoops 2010: 10-6 +$3,150
                                        overall: 63-34 +$40,290
                                        Comment
                                        • InTheHole
                                          SBR Posting Legend
                                          • 04-28-08
                                          • 15243

                                          #21
                                          30k at least with an average of 250 to 500 per game IMO
                                          Comment
                                          • InTheHole
                                            SBR Posting Legend
                                            • 04-28-08
                                            • 15243

                                            #22
                                            Originally posted by GELATINOUS CUBE
                                            If you've posted over 9000 times and you only have 6 sbr points, you must suck!!! No I'm just kidding dude!

                                            Are you any good? What's you're average day like win-loss.
                                            Comment
                                            • pat venditto
                                              SBR Posting Legend
                                              • 05-07-07
                                              • 14347

                                              #23
                                              Inner so you think I need 30k to grind a $1000 profit a month?
                                              Comment
                                              • InTheHole
                                                SBR Posting Legend
                                                • 04-28-08
                                                • 15243

                                                #24
                                                Originally posted by pat venditto
                                                Inner so you think I need 30k to grind a $1000 profit a month?
                                                I have had plus 5k and minus 8k months and I lay usually 1500 out on the board daily over 8-10 plays. 30k in my opinion would keep you from going bankrupt at my betting levels. Keep in mind, you'll have to be withdrawing for expenses whether you win or lose.
                                                Comment
                                                • GELATINOUS CUBE
                                                  SBR MVP
                                                  • 08-09-09
                                                  • 4534

                                                  #25
                                                  What do you bet 'Pat Venditto'?? Do you win on most days?? Or do you usually lose a little bit, and then occasionally hit a 6-teamer once every few months?

                                                  These guys that show up with some intellegent question out of the blue kind of yell mod in a mask, but its wierd how guys who never post have 9000 posts.

                                                  maybe i'm just tripping.
                                                  blog '09-'10: 37-16: +$31,900
                                                  mlb 2010; 16-12: +$4,540
                                                  gellyhoops 2010: 10-6 +$3,150
                                                  overall: 63-34 +$40,290
                                                  Comment
                                                  • GELATINOUS CUBE
                                                    SBR MVP
                                                    • 08-09-09
                                                    • 4534

                                                    #26
                                                    09-16-09, 02:36 PM Replies: 31
                                                    Only way to win
                                                    Views: 182
                                                    Posted By pat venditto
                                                    Focker nobody in players talk actually thinks or...

                                                    Focker nobody in players talk actually thinks or expresses rational thoughts. Don't listen to any of these clowns.



                                                    Actually he posts alot. Here he's making fun of people in players talk, whom he's asking advice from. These question askers usually already know the exact answer. But ask anyway for entertainment.
                                                    blog '09-'10: 37-16: +$31,900
                                                    mlb 2010; 16-12: +$4,540
                                                    gellyhoops 2010: 10-6 +$3,150
                                                    overall: 63-34 +$40,290
                                                    Comment
                                                    • ryanspeer2001
                                                      SBR MVP
                                                      • 03-30-08
                                                      • 3149

                                                      #27
                                                      None.

                                                      Even if you have a 10k bankroll and your unit size is 100 a game. You need that job. It is purely supplemental for both survival and bankroll insurance.

                                                      Even if you only bring home $100 a week it can be the difference between a steak dinner one night and ramen. There is plenty of time in a day for cappin', schoolin', and workin'.
                                                      Comment
                                                      • ATB515
                                                        Restricted User
                                                        • 01-08-09
                                                        • 734

                                                        #28
                                                        Where do you work at pal? I would keep working if I was you. You'll get bored just going to class and sitting on your ass all day. I go to school full time, work 4-5 days a week, and I'm still bored as fukk. It's always nice to have a little bit of extra cash in your pocket as well. Just my opinion though
                                                        Comment
                                                        • jjgold
                                                          SBR Aristocracy
                                                          • 07-20-05
                                                          • 388179

                                                          #29
                                                          You need a job period, forget college

                                                          College means nothing anymore unless your going to a top flight school and have a skill
                                                          Comment
                                                          • stevek173
                                                            BARRELED IN @ SBR!
                                                            • 03-29-08
                                                            • 27598

                                                            #30
                                                            Keep the job and keep looking for something better imo.
                                                            Comment
                                                            • Domestic
                                                              SBR Hall of Famer
                                                              • 02-10-09
                                                              • 6323

                                                              #31
                                                              Whatever you do and whatever you decide to bet, keep your job, trust me.
                                                              Comment
                                                              • TheLock
                                                                SBR Posting Legend
                                                                • 04-06-08
                                                                • 14427

                                                                #32
                                                                Quitting your job = the suck


                                                                Maybe 1% of all sports bettors run good enough to not have a real job.


                                                                (not counting Lucky Sperm Club members)
                                                                Comment
                                                                • poker_dummy101
                                                                  Restricted User
                                                                  • 11-03-08
                                                                  • 6395

                                                                  #33
                                                                  6 months living expenses plus a little extra for those times when things go back ( car breaks down, new tires, get sick.. w/e) to not be mixed with gambling money. (thats for poker anyway, not sure if sports are the same)

                                                                  Then after that, proper bankroll etc etc
                                                                  Comment
                                                                  • jayc88
                                                                    Restricted User
                                                                    • 12-30-07
                                                                    • 6785

                                                                    #34
                                                                    patty is a fkn legend here on sbr ,
                                                                    he is sharper than 99 % of all players talk posters.
                                                                    Comment
                                                                    • jayc88
                                                                      Restricted User
                                                                      • 12-30-07
                                                                      • 6785

                                                                      #35
                                                                      Comment
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