Is sports betting pointless without a $50k bankroll?

[Mr. Peepers]

Not to come across as a dink but by having a full time job wife and kids I have no desire to bet $10-100 per game and slowly build a roll. Maybe because building it to any significant amount will take too much time and effort. I also know a $500-$1000 deposit will go busto in days because of lack of discipline and BR management. Probably going to sit out things out until I have a significant nut and can hit my spots with a sizable bankroll. Anyone else experiencing the same feelings or have any suggestions?

[Easy-Rider 66]

Wager for entertainment purposes only. (IMO) Fuk trying to win a lot of $$ with a huge Bankroll. Only a the select few can do that. Vegas was not built and bookies in business because it's an easy game to beat. the odds are against you Mr. Peepers. Good luck moving forward.

[jjgold]

Approximately 95% of people lose you can just go from there

[RudyRuetigger]

i dont think you want a real answer

[Mr. Peepers]

Wager for entertainment purposes only. (IMO) Fuk trying to win a lot of $$ with a huge Bankroll. Only a the select few can do that. Vegas was not built and bookies in business because it's an easy game to beat. the odds are against you Mr. Peepers. Good luck moving forward.

I appreciate the feedback but imo If you are not trying to win money you are better off almost doing anything else with your money and time. “You play to win the game” (Herm Edwards voice) Attend a concert, eat a ridiculously expense meal, donate to charity, pay bills, etc. only risk what you are willing and able to lose…

[Mr. Peepers]

Approximately 95% of people lose you can just go from there

I believe 95% of people will lose long term. So what is the point of doing it? Is losing or burn money fun?

[goduke]

If you can’t make big bets and spot bet in my opinion it’s a waste of time. Grinding day to day in sports betting is awful and not healthy for life. So in short yes having a big bankroll is better as long as you can be patient and spot bet

[Easy-Rider 66]

I appreciate the feedback but imo If you are not trying to win money you are better off almost doing anything else with your money and time. “You play to win the game” (Herm Edwards voice) Attend a concert, eat a ridiculously expense meal, donate to charity, pay bills, etc. only risk what you are willing and able to lose…

Yeah play small win small. that's why SBR PRO program is great. have fun do not get hurt. I do not know your age but I would think 20's or 30's? I used to throw nickels and dimes around at will in my 20's and 30's and learned the hard way that is a mistake. Now I mostly play the contests here and for points except the horses which I wager real coins. Overall look at the cone thru the little end to the big end. Do you really think you are going make big amounts of $$$ Playing this Game? Probably not so play for entertainment purposes only and try to win. that's my 2 cents. thx.

[lakerboy]

If you have control and don't bet on"nothing" games you can win. The key is control.

[carolinakid]

too many people today bet for action and not making money, that a fact, just ask the guys how many bets they have made in the nfl so far on the average.

[Easy-Rider 66]

If you have control and don't bet on"nothing" games you can win. The key is control.

too many people today bet for action and not making money, that a fact, just ask the guys how many bets they have made in the nfl so far on the average.

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valid points gentlemen but the odds are still against the player and in favor of the BOOK no matter how you slice it up.

[Runeblade]

The bigger the bankroll, the more powerful you are. It's just like being the chip leader at the poker table. The key is having the discipline to deal with losing. Losses will come and losses will be ridiculously stupid. Bad beats, turnovers, backdoor covers resulting in losses, it goes on and on. Knowing how to deal with your emotions when gambling is key. You can piss through 50K in a snap if you go on tilt and try to chase back your money. Structure and setting goals is paramount and never deviating from those practices.

[Mr. Peepers]

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valid points gentlemen but the odds are still against the player and in favor of the BOOK no matter how you slice it up.

I agree but with sports betting more socially acceptable and available for the general population wouldn’t the edge be moving towards sharp bettors and away from the books?

[Fishhead]

Professional gamblers like me are the greatest athletes in the world

[Mr. Peepers]

If you have control and don't bet on"nothing" games you can win. The key is control.

Absolutely. I feel having a sizeable roll wether it’s 5k, 10k 50k etc takes pressure off trying to make things happen and allows you to really look for value plays regardless if there is 1 per day or only 1 per week

[Easy-Rider 66]

I agree but with sports betting more socially acceptable and available for the general population wouldn’t the edge be moving towards sharp bettors and away from the books?

Can't see it Mr. Peepers. factor in the rake and the psychological reality that is gambling and no way does that change. I do believe some can profit long term but few and far between. The odds are against you. (IMO) you are much better off giving up this dream of making the BIG BUCKS. for majority of players it's a PIPE DREAM. GL.

[Mr. Peepers]

If you can’t make big bets and spot bet in my opinion it’s a waste of time. Grinding day to day in sports betting is awful and not healthy for life. So in short yes having a big bankroll is better as long as you can be patient and spot bet

I agree. It’s totally painful to try and build a roll from $500. Having to scour through 100s of games a week to find winners to try to double up

[Mr. Peepers]

Yeah play small win small. that's why SBR PRO program is great. have fun do not get hurt. I do not know your age but I would think 20's or 30's? I used to throw nickels and dimes around at will in my 20's and 30's and learned the hard way that is a mistake. Now I mostly play the contests here and for points except the horses which I wager real coins. Overall look at the cone thru the little end to the big end. Do you really think you are going make big amounts of $$$ Playing this Game? Probably not so play for entertainment purposes only and try to win. that's my 2 cents. thx.

I am 36 yrs old. Do I really think I am going to make big amounts of money with a large starting bankroll? I have no idea. I feel I could pick my spots with teams I watch fairly consistently WI athletics, Brewers, Bucks, Packers and could do better than the general public on these teams. That might translate to bankrupt in 2 weeks or double up in a year….Do you really know the anwer if you don’t try?

[Easy-Rider 66]

I am 36 yrs old. Do I really think I am going to make big amounts of money with a large starting bankroll? I have no idea. I feel I could pick my spots with teams I watch fairly consistently WI athletics, Brewers, Bucks, Packers and could do better than the general public on these teams. That might translate to bankrupt in 2 weeks or double up in a year….Do you really know the anwer if you don’t try?

yeah but look at the odds. they are stacked against you (IMO). maybe you can be that diamond in the rough but is it worth the stretch especially with a wife and kids to feed?

[TommieGunshot]

I would find betting to be even more important with less money.

[Mr. Peepers]

Can't see it Mr. Peepers. factor in the rake and the psychological reality that is gambling and no way does that change. I do believe some can profit long term but few and far between. The odds are against you. (IMO) you are much better off giving up this dream of making the BIG BUCKS. for majority of players it's a PIPE DREAM. GL.

I agree. Majority of the people that bet have no business doing so. I am not looking for or want a career sports betting. I work long hours and am good at my current job. I have a healthy salary in relation to my cost of living, I have insurance and am saving for retirement. In a perfect gambling world I have a $50k bankroll that I can continue to grow betting $500 per game 1-3 games per week. I primarily keep my roll in Bitcoin as I am hopeful it hits $300k in the next 5 years. Maybe breaking even betting and Bitcoin soaring will be the true win

[ThaTopMoron]

prob more like what richboy has

then you laugh off multiple losers stringing together until you turn it around and get hot

[Easy-Rider 66]

I agree. Majority of the people that bet have no business doing so. I am not looking for or want a career sports betting. I work long hours and am good at my current job. I have a healthy salary in relation to my cost of living, I have insurance and am saving for retirement. In a perfect gambling world I have a $50k bankroll that I can continue to grow betting $500 per game 1-3 games per week. I primarily keep my roll in Bitcoin as I am hopeful it hits $300k in the next 5 years. Maybe breaking even betting and Bitcoin soaring will be the true win

sounds like a plan. To say one more time would not risk too much gambling on sports. seems like you have a pretty good life going and it for sure ain't worth the stretch to throw it away gambling big bucks. Good luck to you.

[Mr. Peepers]

sounds like a plan. To say one more time would not risk too much gambling on sports. seems like you have a pretty good life going and it for sure ain't worth the stretch to throw it away gambling big bucks. Good luck to you.

Thank you sir. Once I get a BR in place I will report back and let you know how things good. Good luck to you as well!

[Easy-Rider 66]

Thank you sir. Once I get a BR in place I will report back and let you know how things good. Good luck to you as well!

good deal Mr. Peepers. Thx. BOL.

[Roger T. Bannon]

I agree. Majority of the people that bet have no business doing so. I am not looking for or want a career sports betting. I work long hours and am good at my current job. I have a healthy salary in relation to my cost of living, I have insurance and am saving for retirement. In a perfect gambling world I have a $50k bankroll that I can continue to grow betting $500 per game 1-3 games per week. I primarily keep my roll in Bitcoin as I am hopeful it hits $300k in the next 5 years. Maybe breaking even betting and Bitcoin soaring will be the true win

This is why the only reason to have a $50,000 bankroll is if you want to lose $50,000.

[Roger T. Bannon]

Here is step #1 for determining if you will ever win at gambling.

Ask yourself the question: Would I bet on paper to determine if I could win at gambling?

If the answer is No, you have no chance of winning.

[TheMetsSuck]

Take out a giant line of credit . Simple.

[Easy-Rider 66]

Take out a giant line of credit . Simple.

a recipe for disaster. For sure.

[mem5757]

winning with a smaller bankroll is easier bc the bonuses/freeplays are larger as a % of your roll and softer niche sports have lower limits. if you can't win with a small roll, you won't be a winner with a big one. depositing 50k does not suddenly turn you from a loser into a winning bettor.

Not to come across as a dink but by having a full time job wife and kids I have no desire to bet $10-100 per game and slowly build a roll. Maybe because building it to any significant amount will take too much time and effort. I also know a $500-$1000 deposit will go busto in days because of lack of discipline and BR management.

and you really think your discipline will be better when you are down 5 figures as opposed to a few hundred?

[rm18]

winning with a smaller bankroll is easier bc the bonuses/freeplays are larger as a % of your roll and softer niche sports have lower limits. if you can't win with a small roll, you won't be a winner with a big one. depositing 50k does not suddenly turn you from a loser into a winning bettor.



and you really think your discipline will be better when you are down 5 figures as opposed to a few hundred?

kind of but it is nice to be funded at 20 books too

[texhooper]

I echo the sentiment of start small lose small, start big lose big.

And ultimately if you’re gonna win, you’re gonna win.

It sounds like you already have your mind made up before you even made this thread. But I think you said you’re gonna keep your roll in crypto. If that’s the case if you put like 1k into the book at a time you’re much better off. Psychologically that’ll help you because it’ll slow you down a little, make you treat your roll with more respect. And maybe you only will need to actually put like 1 or 2 grand into a book that way. Because if you get to where that $50k is down to like $36k, that’ll be the smallest $36k you’ve ever seen in your life, and it could lead to foolishness.

[TheMoneyShot]

The bigger the bankroll, the more powerful you are. It's just like being the chip leader at the poker table. The key is having the discipline to deal with losing. Losses will come and losses will be ridiculously stupid. Bad beats, turnovers, backdoor covers resulting in losses, it goes on and on. Knowing how to deal with your emotions when gambling is key. You can piss through 50K in a snap if you go on tilt and try to chase back your money. Structure and setting goals is paramount and never deviating from those practices.

I agree with the bigger the bankroll.. the more powerful you are. 20 years ago... you could feel good at making around an extra 1k a week or whatever. With the cost of living now... what good is an extra 1k a week in regards to the actual stress you put into it?? That 1k should be at least 2k now... if not more.

So why exactly are we sports wagering for peanuts now? Like... either do it seriously... or don't do it at all.

[jjgold]

Laker with a good point

Other also do recreationally a good point

1% of your bankroll per bet

[Runeblade]

I agree with the bigger the bankroll.. the more powerful you are. 20 years ago... you could feel good at making around an extra 1k a week or whatever. With the cost of living now... what good is an extra 1k a week in regards to the actual stress you put into it?? That 1k should be at least 2k now... if not more.

So why exactly are we sports wagering for peanuts now? Like... either do it seriously... or don't do it at all.

That is a really good point. As the dollar becomes weaker year after year, the less purchasing power you are actually winning making the the grind progressively worse and worse for the player.