How much of a bankroll do you think you need to start with to bet pro?
Minimum. And what do you think would be good bankroll management.
VegasInsider
SBR Posting Legend
12-12-10
14593
#2
$50K with wagers between 1%-3% of total bankroll ($500-$1,500) with the maximum wager being 5% ($2,500)
That's what I started with 6 years ago and it was enough to get through the downtimes.
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warriorfan707
SBR Posting Legend
03-29-08
13698
#3
Ok well I don't have that kind of roll.
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G's pks
Restricted User
01-01-09
22251
#4
anyone on sbr with the name warrior in their name...fifty million...
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Bookmaster
SBR Rookie
01-17-11
6
#5
I agree with VegasInsider. If you have less of a bankroll, keep the percentage guidelines and just roll back the amount of the bets according to your total bankroll.
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LLXC
SBR Hall of Famer
12-10-06
8972
#6
Originally posted by G's pks
anyone on sbr with the name warrior in their name...fifty million...
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G's pks
Restricted User
01-01-09
22251
#7
Originally posted by LLXC
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Ace_of_Spades
SBR Posting Legend
10-14-09
13518
#8
Originally posted by VegasInsider
$50K with wagers between 1%-3% of total bankroll ($500-$1,500) with the maximum wager being 5% ($2,500)
That's what I started with 6 years ago and it was enough to get through the downtimes.
Roughly what he said.
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stefan084
SBR MVP
07-21-09
1490
#9
at least 10 dollars
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IrishTim
SBR Wise Guy
07-23-09
983
#10
Enough so that you could live off of 3% ROI.
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ZetaPsi808
SBR Posting Legend
09-18-08
12119
#11
Originally posted by IrishTim
Enough so that you could live off of 3% ROI.
i agree with timmy here.
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ZetaPsi808
SBR Posting Legend
09-18-08
12119
#12
Originally posted by IrishTim
Enough so that you could live off of 3% ROI.
i agree with timmy here.
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rm18
SBR Posting Legend
09-20-05
22291
#13
depends if you can bet props and are eligible for most bonuses maybe not that much, but if you only bet sides should be at least 40k
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Vegas_bond
SBR Wise Guy
12-09-09
624
#14
Originally posted by VegasInsider
$50K with wagers between 1%-3% of total bankroll ($500-$1,500) with the maximum wager being 5% ($2,500)
That's what I started with 6 years ago and it was enough to get through the downtimes.
If you have access to Exchanges like Betfair and can learn the art of trading, you could bet a bigger percentage of your bankroll with minimum risk.
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ryanspeer2001
SBR MVP
03-30-08
3149
#15
Assuming you were looking to fully live on your roll.
If your monthly expenses were ~1600 (bills,food,etc)
To make 400 a week safely you would need at least a 10k roll where if you can make 4% a week and cash out then you could "do it" but regardless this is no great standard of living.
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blingish
SBR High Roller
05-02-10
219
#16
Originally posted by VegasInsider
$50K with wagers between 1%-3% of total bankroll ($500-$1,500) with the maximum wager being 5% ($2,500)
That's what I started with 6 years ago and it was enough to get through the downtimes.
This is Excellent advice!! This is BARE MINIMUM to be a pro!
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scott235
SBR Sharp
10-12-09
465
#17
Originally posted by warriorfan707
Minimum. And what do you think would be good bankroll management.
How long are you willing to wait? 1,2,3 years to withdraw?