easiest way to turn $50 into $350+

[pinchylarue]

insight.
I have had bad luck lately with my money management. did 1/2 then 1/4 and 1/4 of bank roll, but I realized I need to go smaller somewhere like 5% max on each bet.

I would appreciate any advice as I am learning here.

thanks

[goofyre]

If there was a flawless plan we'd all do it.

[Cicima6709]

Hit a lucky parlay.

[pinchylarue]

i'm just talking about basic money management more or less.
what should be my maximum amount per bet? (in % of bankroll).

im just trying to increase my knowledge and discipline on money management.
not asking for a "flawless plan".

[tenbas]

If ya got 50 $ then 2-5% (where 5 is max)
If ya got more then of course waaaaay below 1%.

It seems small yes, but you must be prepared for bad beats...

[N.O.S.]

i'm just talking about basic money management more or less.
what should be my maximum amount per bet? (in % of bankroll).

im just trying to increase my knowledge and discipline on money management.
not asking for a "flawless plan".

Patience is a virtue,
Possess it if you can,
Seldom found in woman,
Never found in man.

Be patient, try to find the best 2 teamer (ML -300 -500) daily and go all in. If you can't find it today wait for tomorrow or a day after. Slowly but surely your $50 would turn into $90, $90 into $150, $150 into $220 etc. Use your head and listen to no one. GL

[pinchylarue]

thanks tenbas good info there !!

N.O.S that is how you lose in the long term. I wouldn't suggest gambling like that.

[NYER5680]

Work hard and only wager 2% of bankroll dont wager on too many games.

[pinchylarue]

should I stay away from parlays and just stick to singles?

[Vrakas]

its tough out in the real world,full of surprises.Luck is a big a prt of it.

[Squareguy]

You should be using 1% of your bankroll for each bet.

Don't get greedy and it will grow. Human greed is why 99% of people fail at gambling.

[pinchylarue]

good advice square guy

[Recurring]

I wish there was a good plan to do this over and over again. I'd quit my job lol.

[gryfyn1]

You're really asking two different questions here.

A) if you're worried about money management etc, look in the think tank were it has been covered ad naseum,

B) as for turning 50 in 350; no system of money management will give you a 600% ROI over any span other than several years years.

[2Bdown]

2.5% is a good number to throw down

[frognose20]

I stick with 1-3% per bet with a few 5% throughout the year

[dngf]

If you stick to 1% to 3% you money will last, when you go 1%, 3% 40%, parlay, parlay parlay, you need to reload often. I have learned this the hard way, more than once.

[pinchylarue]

thanks dngf,
yeah trying to shed my old ways of betting 25-50% bankroll all at once.
going to do 1-5% single bets, no parlays in the future, as soon as I get things all caught up.

thanks again for the advice

[Cicima6709]

Greed is hard to fight...

Its those 25% bets that always **** people over...unless you get real lucky.

I also think the % has to do with your starting bankroll. If you only have $50, you arent going to bet 50 cents a game...

[LordVodka]

How often do you see a bet that you just know will hit and it actually hits?

[pinchylarue]

good point.
I was thinking if I start with $50 , then $5 a bet would be okay. maybe 3-4$. just trying to get a grind going

[rumple]

Bet every game on the board and hope you get lucky.

[pinchylarue]

Bet every game on the board and hope you get lucky.

haha good one rumple.

I'm an edge player mostly so I'll stick to that with bets that never change even if the play is "stronger" in my opinion.keep the same amount of $3-5 per bet when starting with $50

[ProfaneReality]

go 3-0, 1 game at a time... easy.

[nyed1010]

make a bunch of $5 5-10 team parlays and hope one of them hits. Was down to my last $40 and made like 5 individual 8-10 team parlays and none have hit so far except one 9 teamer that has one team to go. Come on Red wings, one ******* time. <table cellpadding="0" cellspacing="0"><tbody><tr><td class="teamCell"><table class="title" cellpadding="0" cellspacing="0"><tbody><tr><td>[Ticket #: 93267065] PARLAY (9 TEAMS)</td></tr></tbody></table><table cellpadding="0" cellspacing="0"><tbody><tr class="evenRow"><td class="dateCell">03/04/2011 @ 04:00 PM </td><td class="idCell">NBA</td><td class="pickCell">[806] PHILADELPHIA -500</td></tr><tr class="oddRow"><td class="dateCell">03/04/2011 @ 05:45 PM </td><td class="idCell">NBA</td><td class="pickCell">[816] DALLAS -450</td></tr><tr class="evenRow"><td class="dateCell">03/04/2011 @ 05:45 PM </td><td class="idCell">NBA</td><td class="pickCell">[817] PHOENIX -140</td></tr><tr class="oddRow"><td class="dateCell">03/04/2011 @ 04:15 PM </td><td class="idCell">NHL</td><td class="pickCell">[2] NEW JERSEY -170</td></tr><tr class="evenRow"><td class="dateCell">03/04/2011 @ 04:45 PM </td><td class="idCell">NHL</td><td class="pickCell">[3] NY RANGERS -135</td></tr><tr class="oddRow"><td class="dateCell">03/04/2011 @ 05:45 PM </td><td class="idCell">NHL</td><td class="pickCell">[6] CHICAGO -215</td></tr><tr class="evenRow"><td class="dateCell">03/04/2011 @ 06:15 PM </td><td class="idCell">NHL</td><td class="pickCell">[8] CALGARY -170</td></tr><tr class="oddRow"><td class="dateCell">03/05/2011 @ 05:05 PM </td><td class="idCell">NHL</td><td class="pickCell">[65] DETROIT -120</td></tr><tr class="evenRow"><td class="dateCell">03/04/2011 @ 05:00 PM </td><td class="idCell">MU</td><td class="pickCell">[4749] JELENA JANKOVIC -325
(JELENA JANKOVIC vrs ANASTASIJA SEVASTOVA)

Risking $5 to win $188.90
</td></tr></tbody></table></td><td class="selectCell">
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[spankie]

lol gl

[wiffle]

sharp posts itt, lulz

[the_situation]

use 5% of ur bankroll and flat unit betting....parlays, multi unit bets and chasing is how people go broke

[Jrod124]

Stick too the plan even if u lose 5 in a row that will be the toughest part when u hit a ba streak and try to win back

[The Inevitable]

make a bunch of $5 5-10 team parlays and hope one of them hits. Was down to my last $40 and made like 5 individual 8-10 team parlays and none have hit so far except one 9 teamer that has one team to go. Come on Red wings, one ******* time. <table cellpadding="0" cellspacing="0"><tbody><tr><td class="teamCell"><table class="title" cellpadding="0" cellspacing="0"><tbody><tr><td>[Ticket #: 93267065] PARLAY (9 TEAMS)</td></tr></tbody></table><table cellpadding="0" cellspacing="0"><tbody><tr class="evenRow"><td class="dateCell">03/04/2011 @ 04:00 PM </td><td class="idCell">NBA</td><td class="pickCell">[806] PHILADELPHIA -500</td></tr><tr class="oddRow"><td class="dateCell">03/04/2011 @ 05:45 PM </td><td class="idCell">NBA</td><td class="pickCell">[816] DALLAS -450</td></tr><tr class="evenRow"><td class="dateCell">03/04/2011 @ 05:45 PM </td><td class="idCell">NBA</td><td class="pickCell">[817] PHOENIX -140</td></tr><tr class="oddRow"><td class="dateCell">03/04/2011 @ 04:15 PM </td><td class="idCell">NHL</td><td class="pickCell">[2] NEW JERSEY -170</td></tr><tr class="evenRow"><td class="dateCell">03/04/2011 @ 04:45 PM </td><td class="idCell">NHL</td><td class="pickCell">[3] NY RANGERS -135</td></tr><tr class="oddRow"><td class="dateCell">03/04/2011 @ 05:45 PM </td><td class="idCell">NHL</td><td class="pickCell">[6] CHICAGO -215</td></tr><tr class="evenRow"><td class="dateCell">03/04/2011 @ 06:15 PM </td><td class="idCell">NHL</td><td class="pickCell">[8] CALGARY -170</td></tr><tr class="oddRow"><td class="dateCell">03/05/2011 @ 05:05 PM </td><td class="idCell">NHL</td><td class="pickCell">[65] DETROIT -120</td></tr><tr class="evenRow"><td class="dateCell">03/04/2011 @ 05:00 PM </td><td class="idCell">MU</td><td class="pickCell">[4749] JELENA JANKOVIC -325 (JELENA JANKOVIC vrs ANASTASIJA SEVASTOVA) Risking $5 to win $188.90 </td></tr></tbody></table></td><td class="selectCell"> </td><td class="selectCell"> </td></tr></tbody></table>

Damn, man! Good luck!... I hope you hit it.

[milwaukee mike]

with only $50 it's kind of pointless to bet 2% each game if you're trying to build it up to 350.
the odds of success with juice eating away at you are probably 1-100 that way.

by taking the advice of n.o.s. and picking a couple parlays or by taking a 6-1 underdog your chances of success are about 1-7.

so would you rather have a 1 in 7 chance of reaching your goal or a 1 in 100?

[starfire]

3% but u sticks to money management

[GunShard]

You should be using 1% of your bankroll for each bet. Don't get greedy and it will grow. Human greed is why 99% of people fail at gambling.

Nice advice. I'll add your statement to my betting rules.

[str]

With a goal of 350 already in your mind, I doubt that you will have the patience to achieve it.Sounds like you want this to happen soon.
Without very high risk, and therefore a very high rate of failure,short term gains like this are not achievable in short periods of time.

[sweethook]

just dubble it 3 times , be careful i cant dubble my one time , gl.