Originally Posted by
omega
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 At that point I think bankroll growth ceases to be as important, and the profit generated can be withdrawn as income.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.