How good is your money mangement?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • coloradobuff
    SBR MVP
    • 09-22-09
    • 1488

    #1
    How good is your money mangement?
    I have a couple questions for ya'll about money mangagement.

    1) Is there a certain amount of days you stay away from betting after you hit a cold streak? For me, I usually take a few days off when I lose 3-4 in a row. I dont want to get in the habit of chasing and a few days away from betting can be a good thing. It shows discipline.

    2) I have been doing well in 2nd halfs in college football. When you are winning consistenly at a sport, how long do you wait before you increase your units?

    I appreciate any input here. Thanks
  • Justin7
    SBR Hall of Famer
    • 07-31-06
    • 8577

    #2
    If you stop making good decisions, take as long off as you need. If you're a machine though (like most successful winning sports bettors), you don't blink when you lose 10 in a row.

    h2 in NCAAF is a sweet market to pluck - I think anyone that tracks the game can beat these. When your bankroll grows 50%, I would increase your unit size accordingly.
    Comment
    • Sam Odom
      SBR Aristocracy
      • 10-30-05
      • 58063

      #3
      75% better than 10 yrs ago , but needs tweaking every so often
      Comment
      • Cougar Bait
        SBR Posting Legend
        • 10-04-07
        • 18282

        #4
        My last years' system had me going down to 2 units plays this weekend. I felt good about the card and stuck with 3 unit plays across the board. Blew up in my face-it was my first losing week in CFB in about 5 weeks, so I paid dearly since I went 3-5. That's what I get I guess.
        Comment
        • Chi_archie
          SBR Aristocracy
          • 07-22-08
          • 63172

          #5
          I do take time off


          just as much to stave off heavy chasing or worse a long term addiction


          I take time off during cold streaks to keep away from "scared money" situations and I take time off when I empty an account.... not all accounts but ANY account... I'm big on will power


          as far as money management and self-control (not chasing ect)
          In my mind, my history tells me for me

          that for every 10-15 "good+smart" decisions I make I'll make 1 bad (or quick series of bad decisions)

          and financially....the 1 bad decision cancels out my 10-15 "good" decisions

          its a long term struggle... .but every year I've been more disciplined
          Comment
          Search
          Collapse
          SBR Contests
          Collapse
          Top-Rated US Sportsbooks
          Collapse
          Working...