help sbr

[fightingwarrior]

could some one help me with a bankroll plan.im kinda new to gambling and wanna try something new.i wanna be a winning better.i have all my plays on my spreadsheet.im currently usuing Diamond Sportsbook for my spreadsheet wagers.im 25 percent 1-3 down a little money.i would like to know how much i should bet according to this bankroll.max bet min bet.how many games should i bet max per day since i have a low bankroll and last but not least should chalk mean anything with this low of money.i took magic money line and sanjose and both lost last night was kinda funny.lost a little money but in the end i will add more this friday and try to learn proper bankroll mangement skills.any advice will be helpful.

[Squirrel]

Opinions will vary on stakes - I'm a level stakes bettor but i'm only recreational, I think the general consensus is 2%/3% of bankroll per bet. As for the chalk thing, again this is personal opinion, in the wonderful world of sports there is NO value whatsoever in backing anything at under even money oddswise. It's just all too random/unpredictable.

Other peoples opinions will differ on this, but fair play for asking, 99% of bettors fail because its bad money management that screws them up, not bad capping.

[fightingwarrior]

from what ive read money mangement is the number 1 thing.if i lose 2 percent i can easily put that back in with my next paycheck how ever.i will never increase my money fast.its kinda a paradox to be honest.i have 50.00 to mess around and see what i can do and more less try to figure something out.2 3 percent will mean like a 2.00 wager which is kinda cheap you ask me.i might just play a few bucks and add some money on friday to get my bankroll up.

[fightingwarrior]

thanks squirrel.

[fightingwarrior]

also i plan to use more than 1 sportsbook i dont know the pros and cons to this but i do plan to do it for shopping for lines.i see if i use a site where the line is 160 and im paying 170 im paying a extra 10 bucks and in the long run this means alot of things not good.line shopping will be a major thing for me as well.its going to be a hardroad but hopefully by janaury of this year i will have a pretty large bankroll.

[MC PICKS]

No more than 5% of your roll per play and no more than 20% of your roll pending for the day. Example if your roll is $1200 and you play 4 games you would bet $55 per game.

[fightingwarrior]

thanks i will note that now.

[sharpcat]

I would recommend 1-2% of your bankroll per wager since you are new to sports gambling

[fightingwarrior]

thanks sharpcat.im learning ill keep it small for a couple days.see how i like it and keep a spreadsheet.once i get the hang of things ill bet more.

[sharpcat]

thanks sharpcat.im learning ill keep it small for a couple days.see how i like it and keep a spreadsheet.once i get the hang of things ill bet more.

GL

don't be afraid to buy some books on both sports gambling and statistics and probability, lots of stuff you can learn that will improve your game be patient and make good decisions. Learn not to be a gambler but to be an investor

[SolidDala]

Heres a question:

2% standard bet, when looking at 3 lines, (a)-110 , (b)-150 and c(+120). What do you bet for each line:

a) 2.2% or risk 2%
b) 3% or risk 2%
c) 2% or to win 2%?

[fightingwarrior]

cccc.

[ucbearcats1027]

If you don't got money stay away

[talnted]

if your new to betting and have a small bankroll, just flat bet spreads or wagers with close to EV. See how you do in that first. Heavy chalk bets are something your bankroll is not ready for, and will leave you buried very fast. Just flat bet a unit on near EV wagers, and see if you can hit more than 52%.

[ZBOIZ]

Macaroni