Whats more important? Money Mgmt or Not betting into bad lines?

[MadCapper]

Whats more important?

Money Management

or

Not betting into BAD lines

[WileOut]

By far its money management because if you are a chaser then betting into bad lines is the least of your worries. You will lose your bankroll chasing and have no money left to bet into a bad line.

[MadCapper]

By far its money management because if you are a chaser then betting into bad lines is the least of your worries. You will lose your bankroll chasing and have no money left to bet into a bad line.

On the other hand if you have quality money mgmt and you constantly bet into bad lines you will go broke. Might take longer but you will be down the same path.

[buztah]

Betting into bad lines is a form of poor money management. Both will make you go broke quickly.

[MadCapper]

Betting into bad lines is a form of poor money management. Both will make you go broke quickly.

i guess u could look at it like that!

[ShamsWoof10]

I agree this isn't even close... It's BY FAR MM!

[HedgeHog]

Depends how quickly you want to go broke. Poor money management will get you there very fast (i.e. double-up method). Betting poor lines, but a reasonable amount per game, will allow you to bleed out slowly.

[SBR Lou]

In the immediate future, MM is much more important. Beyond that, they are both vital.

[MadCapper]

I guess it was more simple than I thought.

[jjgold]

Money Mngt

You can still hold your own betting bad lines

[pico]

bleed to death versus crash and burn

take your pick

[Louisvillekid1]

money mgt, without money you can't bet bad lines.

[Ganchrow]

"Money management" certainly sounds like it should be important, but what exactly do you all mean by the term?

[MadCapper]

"Money management" certainly sounds like it should be important, but what exactly do you all mean by the term?

Say you deposit 500 into a sportsbook. Then you like a team so you wager more than 5% of your bankroll. Some would say thats bad money mgmt! Many people go in for the kill. They deposit 500 and bet the 500 on 1 play or split it up into 2 plays.

Thats terrible money mgmt!

[pico]

Say you deposit 500 into a sportsbook. Then you like a team so you wager more than 5% of your bankroll. Some would say thats bad money mgmt! Many people go in for the kill. They deposit 500 and bet the 500 on 1 play or split it up into 2 plays.

Thats terrible money mgmt!

500 is play money. if you're talking about betting with that bankroll, i think it is more important to bet enough so you actually feel like winning is worth something.

[WestsidePete]

500 is play money. if you're talking about betting with that bankroll, i think it is more important to bet enough so you actually feel like winning is worth something.

500 = 1 hour massage and extra benefits....

[Ganchrow]

Say you deposit 500 into a sportsbook. Then you like a team so you wager more than 5% of your bankroll. Some would say thats bad money mgmt! Many people go in for the kill. They deposit 500 and bet the 500 on 1 play or split it up into 2 plays.

Thats terrible money mgmt!

I'm just trying to get the point across that there should be more to money than just setting an arbitrary cap on risk amount.

For example, a sensible money management strategy should also take into account the payout odds on any given bet.

[Wheell]

Ganch might correct me on this but if you are not positive EV your money management strategy is irrelevant. If you are positive ev you should either be betting at a kelly % or flat betting if you uncomfortable trying to determine your edge (beyond the point of merely believing you have one).

If you are negative EV you are dead in the long run.

[EaglesPhan36]

Money management fo' shizzle. You can't account for a team dogging it in a game you cap and really like and lose, but you can certainly keep from losing half your $$$ on that game.

[brock]

Betting into bad lines is a form of poor money management. Both will make you go broke quickly.

What he said