Need tips on Managing a Bankroll

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  • DacBietViet
    SBR MVP
    • 12-26-07
    • 3257

    #1
    Need tips on Managing a Bankroll
    Alright. I could be up at least 2 grand right now if i had better money management. But i always want to win fast so i can get money faster. And sometimes i bet all out like $900 and just lose just like that. what are some helpful tips on managing a bankroll
  • shifer
    SBR High Roller
    • 05-19-08
    • 216

    #2
    Originally posted by DacBietViet
    Alright. I could be up at least 2 grand right now if i had better money management. But i always want to win fast so i can get money faster. And sometimes i bet all out like $900 and just lose just like that. what are some helpful tips on managing a bankroll
    Interesting issue. its an art to keep cool under pressure and dont "over bet" a game. Too much chokers around here, Pavy is one if you know him.
    Comment
    • Bet Shooter
      SBR MVP
      • 05-02-08
      • 1118

      #3
      Get off the Pavy bashing. It's getting old.

      DBV, You need to only risk 2 or 3% of your entire bankroll on any one idea. This way you will never go broke. We can't win if you are never in the game.
      Comment
      • fiveteamer
        SBR Posting Legend
        • 04-14-08
        • 10805

        #4
        DVB, you don't have a bankroll to manage.

        You are gambling money you don't have.
        Comment
        • MrX
          SBR MVP
          • 01-10-06
          • 1540

          #5
          If you have a real reason to believe you are making +EV plays, then you should be able to at least approximate your edge. If you can do that, there are many threads on here detailing Kelly staking.

          If you don't have any way to quantify your edge, it's probably best to assume that you don't have one and you should just bet whatever is most enjoyable for you.
          Comment
          • shifer
            SBR High Roller
            • 05-19-08
            • 216

            #6
            Originally posted by Bet Shooter
            Get off the Pavy bashing. It's getting old.

            DBV, You need to only risk 2 or 3% of your entire bankroll on any one idea. This way you will never go broke. We can't win if you are never in the game.
            He deserves it. When he informs the public about Robben will come in and turn the game around, and Robben is injured, you deserve a kick in your ass. He was probably ramping to try to make some cash INLIVE betting. Kick this guy out of SBR for ramping the game.
            Comment
            • bettilimbroke999
              SBR Posting Legend
              • 02-04-08
              • 13254

              #7
              Pavy Danzig made mistake number 50302, he acts like a moron 99% of the time, if you follow his picks or info you can only blame yourself for losing sir. If Corky from Life Goes On gave you a lock pick and you took it would you really blame Corky if it loses?
              Comment
              • j$
                SBR MVP
                • 03-07-08
                • 3831

                #8
                why are all these threads being moved
                Comment
                • pavyracer
                  SBR Aristocracy
                  • 04-12-07
                  • 82889

                  #9
                  Originally posted by DacBietViet
                  Alright. I could be up at least 2 grand right now if i had better money management. But i always want to win fast so i can get money faster. And sometimes i bet all out like $900 and just lose just like that. what are some helpful tips on managing a bankroll
                  Follow shifer. Make sure you place your bet after the game starts. He plays with pocket change so follow at your own risk.
                  Comment
                  • pavyracer
                    SBR Aristocracy
                    • 04-12-07
                    • 82889

                    #10
                    Originally posted by bettilimbroke999
                    Pavy Danzig made mistake number 50302, he acts like a moron 99% of the time, if you follow his picks or info you can only blame yourself for losing sir. If Corky from Life Goes On gave you a lock pick and you took it would you really blame Corky if it loses?
                    I tried to told him the same thing bettilmbroke999 but he doesn't listen. I gave him plenty of hints. What else can I do? Some people make their money from the books. You can make money both ways. He doesn't understand that I get all the information from him being an ass and use it to my own benefit.
                    Comment
                    • betplom
                      SBR Posting Legend
                      • 09-20-06
                      • 13444

                      #11
                      Comment
                      • onthewhat
                        Restricted User
                        • 05-14-08
                        • 15411

                        #12
                        Nice find, plommer
                        Comment
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