Pros
-never get buried on a single event
-stay disciplined
-...??
Cons
-win amount capped
-....??
-...?
sportsfanatic
SBR MVP
03-10-07
3967
#2
It's really hard to do flat betting because sometimes you think a line is way off but you have to resist varying your bet.
Comment
St. Andrew
SBR MVP
02-23-08
2265
#3
If you flat bet, you're a sucker and the books WILL WIN in the long run, I don't care how good you think you are. Instead, do this: after two consecutive wins, increase your bet by half the previous bet. Example:
Flat bet in proportion to size of bankroll. As bankroll increases flat bet size increases, as bankroll decreases, flat bet size decreases.
For Example
2% flat bet
5,000= 100
5,500= 110
6,000= 120
6,500= 130
Comment
InTheHole
SBR Posting Legend
04-28-08
15243
#5
I see the benefits of both advantage and flat betting. I am a advantage player. I just can't see the logic of betting the same amount if MY determined edge on one game is twice of that on another. Similarly, would you INVEST in certain stocks or mutual funds porportinionally? Hopefully, you answered no....it all depends on how much exposure to risk you want. Advantage player are more apt to take a risk.
Comment
SBR Lou
BARRELED IN @ SBR!
08-02-07
37863
#6
Originally posted by InTheHole
I see the benefits of both advantage and flat betting. I am a advantage player. I just can't see the logic of betting the same amount if MY determined edge on one game is twice of that on another. Similarly, would you INVEST in certain stocks or mutual funds porportinionally? Hopefully, you answered no....it all depends on how much exposure to risk you want. Advantage player are more apt to take a risk.
This is a good point.
Comment
steelerfan
SBR Hustler
09-22-05
64
#7
flat betting is the only way 2 go. make $$ on % wins can't do that? don't bet