[quote=JRS21386;1023447]Do you always wager a certain percentage of your bankroll consistantly? Or do you bet more based on your emotions on how a game will turn out?[/QUOTE
First, I'm semi-retired from sportsbetting and gambling in general .........what I'm saying is that with the money I've made gambling over the years as a professional has been invested in other venues to the point that for the last few years I'm making more income off of those ventures than gambling perse..........because they are doing very well and I'm not putting the effort into gambling as in many years past.
To answer your question.........if your familar with the Kelly Criterion, that is somewhat what I base my wagers on..........it would be a long post here for me to get into this in detail.
To simplify greatly, my straight wagers never deviate over 3x my set "normal" wager for any given year. Let's say for expample that whatever my normal wager for a straight game, very seldom would I wager up to 3x that amount.....and that being the ABSOLUTE MOST........and only on rare occassions.
Having said that, when one has a large bankroll, there are better profits to be made by middling and scalping(and with less risk) then making ordinary straight wagers.........at least for me for two reasons...........1. When I bet a large amount of games, I'm not good enough to consistanly hit over 54%(guessing my lifetime percentage of winners over thousands and thousands is about 54%)..... and .......2. My strong plays, although strong, come few and far between, even though they have hit over 55%. For me PERSONALLY, scalping/middling I feel much more confortable with, even though I've made some very decent coin overall by just handicapping and betting games over the years.
First, I'm semi-retired from sportsbetting and gambling in general .........what I'm saying is that with the money I've made gambling over the years as a professional has been invested in other venues to the point that for the last few years I'm making more income off of those ventures than gambling perse..........because they are doing very well and I'm not putting the effort into gambling as in many years past.
To answer your question.........if your familar with the Kelly Criterion, that is somewhat what I base my wagers on..........it would be a long post here for me to get into this in detail.
To simplify greatly, my straight wagers never deviate over 3x my set "normal" wager for any given year. Let's say for expample that whatever my normal wager for a straight game, very seldom would I wager up to 3x that amount.....and that being the ABSOLUTE MOST........and only on rare occassions.
Having said that, when one has a large bankroll, there are better profits to be made by middling and scalping(and with less risk) then making ordinary straight wagers.........at least for me for two reasons...........1. When I bet a large amount of games, I'm not good enough to consistanly hit over 54%(guessing my lifetime percentage of winners over thousands and thousands is about 54%)..... and .......2. My strong plays, although strong, come few and far between, even though they have hit over 55%. For me PERSONALLY, scalping/middling I feel much more confortable with, even though I've made some very decent coin overall by just handicapping and betting games over the years.
