Average Starting Bankroll

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  • ElJefe305
    SBR Hustler
    • 08-08-19
    • 99

    #1
    Average Starting Bankroll
    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.
  • The General
    SBR Posting Legend
    • 08-10-05
    • 13279

    #2
    100$. 5$ bets. Keep it fun. Keep it enjoyable and stress free. One sportsbook. Any more, you'll start thinking your good at it then it all goes bad.

    Good luck
    Comment
    • Eddy Munny
      Restricted User
      • 08-13-13
      • 15767

      #3
      Comment
      • JIBBBY
        SBR Aristocracy
        • 12-10-09
        • 83686

        #4
        $0 nothing to bet on..
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388179

          #5
          serious better?????

          Minimum 50,000
          7 books or more
          Comment
          • pologq
            SBR Posting Legend
            • 10-07-12
            • 19899

            #6
            Originally posted by The General
            100$. 5$ bets. Keep it fun. Keep it enjoyable and stress free. One sportsbook. Any more, you'll start thinking your good at it then it all goes bad.

            Good luck
            for fun i agree on $5 bets

            see if you can build it up and then increase your bets
            Comment
            • 7deuceoff$uit
              SBR MVP
              • 04-08-16
              • 2210

              #7
              12 pts a day. That's it.
              Comment
              • lonegambler23
                SBR Hall of Famer
                • 06-22-16
                • 9760

                #8
                dont even think about casino games
                Comment
                • Hot Jerry
                  SBR Hall of Famer
                  • 08-16-13
                  • 5545

                  #9
                  10 K+ is good safe start if u know what u doing !!
                  Comment
                  • Regul8er
                    SBR Posting Legend
                    • 11-06-07
                    • 10666

                    #10
                    It all depends how much you are comfortable risking per game. Im comfortable betting in the $300 to $500 range, so essentially Id want to have a starting bankroll in the 20k range.....to where your risking 1-2% of your bankroll per game. Great time to save and build a bankroll. Goodluck
                    Comment
                    • RudyRuetigger
                      SBR Aristocracy
                      • 08-24-10
                      • 65084

                      #11
                      Originally posted by jjgold
                      serious better?????

                      Minimum 50,000
                      7 books or more
                      i was going to say 50k

                      not 7 books though

                      probably can get by with 5
                      Comment
                      • RudyRuetigger
                        SBR Aristocracy
                        • 08-24-10
                        • 65084

                        #12
                        Originally posted by RudyRuetigger
                        i was going to say 50k

                        not 7 books though

                        probably can get by with 5
                        but do not leave all 50k in sportsbooks


                        you bet 1-5% so only leave about 50% AT MOST in the books
                        Comment
                        • SBR_Guest_Pro
                          SBR MVP
                          • 02-10-15
                          • 3955

                          #13
                          $400
                          Comment
                          • danrubin12
                            SBR Rookie
                            • 04-12-19
                            • 44

                            #14
                            Originally posted by RudyRuetigger
                            but do not leave all 50k in sportsbooks


                            you bet 1-5% so only leave about 50% AT MOST in the books
                            Good point.
                            Comment
                            • captrobey
                              BARRELED IN @ SBR!
                              • 09-02-10
                              • 34355

                              #15
                              Normally $380 and whatever bonus i can get.
                              Comment
                              • Smoke
                                SBR Aristocracy
                                • 10-09-09
                                • 48111

                                #16
                                At least 2k nothing less
                                Comment
                                • trytrytry
                                  SBR Posting Legend
                                  • 03-13-06
                                  • 23649

                                  #17
                                  $333
                                  Comment
                                  • jjgold
                                    SBR Aristocracy
                                    • 07-20-05
                                    • 388179

                                    #18
                                    I don’t think there’s a correct answer
                                    Comment
                                    • captrobey
                                      BARRELED IN @ SBR!
                                      • 09-02-10
                                      • 34355

                                      #19
                                      Originally posted by jjgold
                                      I don’t think there’s a correct answer
                                      I am sorry sir there is a correct answer . " Is it possible to lose 15 lbs in a day" The answer is yes . Most people can still survive with 1 arm. That is the correct answer.
                                      Comment
                                      • carolinakid
                                        SBR Posting Legend
                                        • 01-12-11
                                        • 19106

                                        #20
                                        if you really serious about betting at least 5 k
                                        Comment
                                        • carolinakid
                                          SBR Posting Legend
                                          • 01-12-11
                                          • 19106

                                          #21
                                          and 1 thing too many players do to not make money betting that is playing parlays and 2 many games on a given day..........imo you only need 3 plays a day to grow your bank.......bet to make money , not for action on games to watch......
                                          Comment
                                          • G Anon Dropout
                                            SBR Sharp
                                            • 05-24-19
                                            • 324

                                            #22
                                            Originally posted by pologq
                                            for fun i agree on $5 bets

                                            see if you can build it up and then increase your bets
                                            This. If you can't build a $100 bankroll you aren't building a $100,000 bankroll.
                                            Comment
                                            • TommieGunshot
                                              SBR MVP
                                              • 03-27-12
                                              • 1601

                                              #23
                                              No idea about average, but I would say the minimum bankroll required to focus on gambling would be about six to 12 months living expenses. Anything less than that should just keep putting in time in the workforce. When I moved to Las Vegas to be able to gamble heavier, I had more than that.
                                              Comment
                                              • clockwise1965
                                                SBR Hall of Famer
                                                • 10-01-13
                                                • 6753

                                                #24
                                                If your betting recreationally. A few hundred bucks is all you need. $20 a game.

                                                Bet small have fun with it and keep your gambling bankroll separate from all other expenses.

                                                Just a suggestion. Gl
                                                Comment
                                                • PittsburghPlayer
                                                  SBR Hall of Famer
                                                  • 01-11-10
                                                  • 6760

                                                  #25
                                                  8 inches, all in, balls deep 1st stroke
                                                  final answer

                                                  did I win?
                                                  Comment
                                                  • stackz125
                                                    SBR Hall of Famer
                                                    • 01-03-16
                                                    • 6191

                                                    #26
                                                    Depends if this is your only source of income and what your risk tolerance is.
                                                    Comment
                                                    • TommieGunshot
                                                      SBR MVP
                                                      • 03-27-12
                                                      • 1601

                                                      #27
                                                      Originally posted by clockwise1965
                                                      If your betting recreationally. A few hundred bucks is all you need. $20 a game.

                                                      Bet small have fun with it and keep your gambling bankroll separate from all other expenses.

                                                      Just a suggestion. Gl
                                                      A gambling bankroll that is separate from from my other assets has never made any sense to me. If there is a good bet available I am going to make it and the only thing that limits are my total available assets.

                                                      If something is not a good bet and someone still wants to do it anyway, that is very similar to spending money on anything else -- which is also decided by total assets, not separating them.
                                                      Comment
                                                      • pologq
                                                        SBR Posting Legend
                                                        • 10-07-12
                                                        • 19899

                                                        #28
                                                        Originally posted by PittsburghPlayer
                                                        8 inches, all in, balls deep 1st stroke
                                                        final answer

                                                        did I win?
                                                        4 inches, 20 seconds of disappointment is the answer
                                                        Comment
                                                        • pologq
                                                          SBR Posting Legend
                                                          • 10-07-12
                                                          • 19899

                                                          #29
                                                          Originally posted by jjgold
                                                          I don’t think there’s a correct answer
                                                          i dont think so either. really depends on risk availability.
                                                          Comment
                                                          • clockwise1965
                                                            SBR Hall of Famer
                                                            • 10-01-13
                                                            • 6753

                                                            #30
                                                            Originally posted by TommieGunshot
                                                            A gambling bankroll that is separate from from my other assets has never made any sense to me. If there is a good bet available I am going to make it and the only thing that limits are my total available assets.

                                                            If something is not a good bet and someone still wants to do it anyway, that is very similar to spending money on anything else -- which is also decided by total assets, not separating them.
                                                            So by using your formula your mortgage, car payment, child support payments, children's college funds, living expenses are assets, correct?

                                                            You do realize that 98% of sports bettors lose.

                                                            Your formula is a recipe for disaster. It's your money. Bet it or spend it as you wish.
                                                            Comment
                                                            • TommieGunshot
                                                              SBR MVP
                                                              • 03-27-12
                                                              • 1601

                                                              #31
                                                              Originally posted by clockwise1965
                                                              So by using your formula your mortgage, car payment, child support payments, children's college funds, living expenses are assets, correct?
                                                              No, the exact opposite. Those things are all liabilities. The cash used to pay for those things is the asset. That cash can come from a bank account, a stock account, or a sportsbook account; some people could even use their antique pokemon card collection to fund those expenses. Likewise, any bet I make can come from any of those places as well.

                                                              Originally posted by clockwise1965
                                                              You do realize that 98% of sports bettors lose.


                                                              They do have the option to make good bets and win. Or even easier, stop making bad bets and stop losing.

                                                              Originally posted by clockwise1965
                                                              Your formula is a recipe for disaster.


                                                              Explain how money I have = assets, money I spend = liability is a recipe for disaster? It's the exact same recipe everyone else in the world must operate under.

                                                              Originally posted by clockwise1965
                                                              It's your money. Bet it or spend it as you wish.
                                                              Exactly. And it's all my money, not separated based on how I might want to spend it
                                                              Comment
                                                              • pimike
                                                                BARRELED IN @ SBR!
                                                                • 03-23-08
                                                                • 37139

                                                                #32
                                                                5,000 is a good start if you are selective in choosing your picks. You can play very comfortably.

                                                                With BOL and Heritage giving you 20% ammo not needing to roll 5 x your deposit that would give you an extra G to start with.




                                                                Good luck when we get back into business.
                                                                Comment
                                                                • PittsburghPlayer
                                                                  SBR Hall of Famer
                                                                  • 01-11-10
                                                                  • 6760

                                                                  #33
                                                                  Originally posted by pologq
                                                                  4 inches, 20 seconds of disappointment is the answer
                                                                  I have read your shit a know that you are better than that, so please, never again fold your dick in 1/2 for a woman.

                                                                  the 4 minutes and 20 seconds is close enough

                                                                  Comment
                                                                  • mezmurized2
                                                                    SBR MVP
                                                                    • 12-02-19
                                                                    • 1232

                                                                    #34
                                                                    multiple books

                                                                    Originally posted by Regul8er
                                                                    It all depends how much you are comfortable risking per game. Im comfortable betting in the $300 to $500 range, so essentially Id want to have a starting bankroll in the 20k range.....to where your risking 1-2% of your bankroll per game. Great time to save and build a bankroll. Goodluck
                                                                    -----------
                                                                    Echo that.
                                                                    Also, and this is VERY important, if one typically wins more than loses,
                                                                    and you truly have reason to anticipate making profits (not just wishful thinking)
                                                                    you MUST have at least 3 different sportsbooks...not just for shopping better lines
                                                                    but also to spread out your profits so you don't set off red flags at any one book and
                                                                    get your bets severly limited....or worse, your account LOCKED (like mine) with all funds still in it - and the book refusing any communication.
                                                                    Last edited by mezmurized2; 03-29-20, 12:50 AM. Reason: added info
                                                                    Comment
                                                                    • jjgold
                                                                      SBR Aristocracy
                                                                      • 07-20-05
                                                                      • 388179

                                                                      #35
                                                                      your are not making a living off sports betting please get that out of your mind betting one side

                                                                      The few that do just get buy and all their money is is in books and very little cash in pocket

                                                                      Its a poor mans game
                                                                      Comment
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