my bankroll after 2 weeks

diamond · 05-28-10, 08:48 AM

Hi Mister. Ship over the 25 points or you are in trouble.

joke

I have at least one advise if you want to make money, look for value, avoid those bets you do just to have action..like you mentioned yesterday with the NBA:

fightingwarrior · 05-28-10, 08:56 AM

sent 26 1 for being late went to bed last night.sorry im playing cards today for early action if it wins i think ill just play magic

this is my card 13.00 to win 10.00

4.00 magic to win 6.00

might just play these 2 as i have alot of things i gotta do tonight.im taking my girlfriend to a nice dinner and i have to load up 3 sportsbooks and do alot of paper work.

i think my bets are 2 high but im not really sure.its like 8--9 percent of what i have in my sportsbooks not my wallet so if i included my wallet it would be less than 1 percent so i dont know.im just trying to get the hang of things and figure somethings out.i also increase my bets each week 1.00 or 2.00 to see how it goes.even if i have a bad week ill increase but just add money to my sportsbooks.

fightingwarrior · 05-28-10, 08:57 AM

my goal is to get to 50.00 a game for mlb or 100.00 ill also have alot more money to work with once nhl and nba is over since all that money will go in world cup and mlb.once world cup is over i might increase my mlb bets from 10.00 to like 25.00 a game.

mrmarket · 05-28-10, 08:58 AM

Can't see any problems whatsoever with your system. Good luck.

fightingwarrior · 05-28-10, 08:58 AM

ty

diamond · 05-28-10, 08:59 AM

Cheers.

I just advise you to google a bit moneymanagement.

My experience is that people from the US tend to play too much of their bankroll, so you will get mixed feedback in here.

Dank_Fire · 05-28-10, 08:59 AM

Good Luck

fightingwarrior · 05-28-10, 09:05 AM

at what linits should i be playing at anything under 10.00 is just to low for me to even waste my time.im starting a 2nd job as well so i should be able to get my min bets higher.alot of people have 50.00-100.00 wagers per game this is where i wanna be around.

for nfl i wanna be slightly higher just for the fact its only 1 day per week.so i can have more money on those games.my min should be around 500 for nfl is what im hoping if not more.

my mian concern right now is to just get baseballl up.i hate just playing 10 bucks a game.chump change.

Chi_archie · 05-28-10, 09:11 AM

thanks for checking in.... keep up the good work

mrmarket · 05-28-10, 09:14 AM

Well bankrolls are for winning players. Budget is probably a more appropriate term for losing recreational bettors. Bet sizing amounts really mean squat in this case and it is personal preference that reigns.

fightingwarrior · 05-28-10, 09:33 AM

my goal isnt to be rich or anything from sports or to even win big or whatever.its like that i like the action each and every day.i like to watch a game and have some money riding on it.if i lose i lose if i win it just adds to the thrill.the chances of my cashing out from my sportsbook in the next 3 months are slim to none.so ofcourse they have the edge.only way ill cash out is if i can build my roll to something like 50,000 and cash out 25,000 but that wont happen.i know that.i bet 10.00 chump change and spend that each day but i wanna be a winning player also.i dont wanna add money and start from zero each week i wanna start from a number where i left off around.in time i should have a 10,000 bankroll if you add all the cash up.10,000 is a good size amount for me i would say.

bill2266 · 05-28-10, 09:35 AM

good luck

fightingwarrior · 05-28-10, 09:38 AM

i might start adding money to poker as well and play small tounrys each and every day im debating it.

i would have to play even smaller tounrys but i feel if i hit 1 big one ill be good.

ima stick with sports for now and see where it takes me.

fightingwarrior · 05-28-10, 09:40 AM

thanks everyone im off for a little bit.ill be back around 2pm to watch the cards kick cubs ass.

lock and load it

mrmarket · 05-28-10, 09:45 AM

You have two diverging paths.

In one you are a sports gambler who lives for the action. The amount of the bet matters because you want to feel the loss/gain. You'll go broke but as long as you are in the game that is all that matters.

In the other you are a rational sports gambler. You practice BRM to minimize your risk of ruin. You think in terms of units and expected growth/value. Having "action" is a non factor and it does not matter if you watch a game or not.

Which one do you think suits you best? You cannot be both. Well technically you can be rational and practice irrational behavior as long as you recognize it but it cannot be done long term.

fightingwarrior · 05-29-10, 09:39 AM

todays games and a series price

i got 52.00 to win 20.00 blackhawks

10.00 to win 5.00 blackhawks.

5.00 lakers ml against suns +110

and im looking for 2-3 baseball games for today including the early game just for action.

M@ximo · 05-29-10, 11:51 AM

better luck for 3rd week.., we all have low weeks...