What format of money management do you execute betting sports?

[ApricotSinner32]

Lets hear it. Me myself I lack any form of discipline.

[Otters27]

I also have no discipline. I do however stop betting for a while when I encounter a losing streak. When I chase I usually lose it all.

[hugh_morris]

Lets hear it. Me myself I lack any form of discipline.

you may be lacking discipline now...but something tells me that your due for some extra discipline very soon...its just a hunch...keep up the solid work..peace..

[doublej95]

Each bet 2% of bankroll, parlays usually 1%

[Pete0]

think of ur bankroll as ur poker chips.... if u want to go all in, then be prepared to leave the table also...

you can also follow a progressive staking strategy... where u bet higher when u win and lower ur stakes when u lose... if u do the opposite, ur chasing and u've lost already.

[Grits n' Gravy]

Wagers are 1 to 3% of total betting bankroll set up for each sport. Football bankroll is much more than hoops and bases. Occasionally I will find an opportunity that is too good to pass up and put 10 to 25% of bankroll in. Those are rare. Last 4 big plays were Klitscko by dec, Conn and under in championship game and a risky 50% bankroll play on Mayweather to win by dec over Mosely. Luckily all 4 came through.

[rfr3sh]

2 or 1% per game
try to limit plays, ie don't force plays at 10pm if I lost at 7
never go all in or bet 25%+ of my roll

[jjgold]

2 or 1% per game
try to limit plays, ie don't force plays at 10pm if I lost at 7
never go all in or bet 25%+ of my roll

End of thread

[flyingillini]

I keep all my plays the same... Never more never less.... Baruch HaShem... The YA!

[UntilTheNDofTimE]

Gamble within your means so you don't continually ask this question.
Patty you are a gambling degenerate, the money dosent matter to you the high does. Since you don't do this to make money you will never have sound money management. Its just a drug to you.

As far as not going on tilt, the only real way to accomplish this is to gamble within your financial needs. If your trying to make money for rent of course you'll go on tilt with a bad loss. If its money you don't care about for entertainment purposes only you would be less prone to go on super tilt and keep redepositing to make money back you lost when you have a nice income stream coming in. The only time i ever had trouble with gambling was when i had a bad job, then when you start to prioritize your life you realize to invest your time and not spend it. Gambling is not only spending your time but your money and that's why your consumed in it with no way out.

Think about what you really want to do and draw up a paln.

[dabomguy11]

think of ur bankroll as ur poker chips.... if u want to go all in, then be prepared to leave the table also...

you can also follow a progressive staking strategy... where u bet higher when u win and lower ur stakes when u lose... if u do the opposite, ur chasing and u've lost already.

This is actually a pretty good way to look at it. Good post.

[Ra77er]

Depends on if your going to bet long term or if your approaching each season/year individually. If your going to bet long term (3-10yrs/longer) then compounding your bankroll and using a variation of Kelly is the way to go. If you just bet each season then using a fixed percentage of your bankroll per play (1-2.5%) then cash out any winnings at the end and reset your bankroll each year.

[boeing power]

Lets hear it. Me myself I lack any form of discipline.

GTFO

Put in a bullet in your head patty
Save the government some welfare money