Doubling One's Bankroll Per Calendar Year?

[jolmscheid]

Hi all...we all know what kind of profits one can make by doubling your bankroll each calendar year.

So if this is ones goal, what is the best way to do so in your opinion:

Play many plays for 1% or less of bankroll

Or


Play selectively and risk 2-3% per game and have a goal of being up 30-50 games by the end of the calendar year?

[jolmscheid]

There are obvious drawbacks to each: less risk with 1% bit more plays and more variance...or more risk with 2-3% Betting but just having a goal of being up 3-4 games per month...thought?

[TR88]

I like the 2nd option

[jolmscheid]

Thanks TR...anyone else? So you follow a capper selectively? Do you do your own plays selectively? Etc..

[paranoyd androyd]

sounds incredibly boring unless your bankroll is $100K+

[jolmscheid]

But even doubling a $1,000 bankroll per year adds up quick..

[paranoyd androyd]

But even doubling a $1,000 bankroll per year adds up quick..

2,000 - EOY 1 balance
4,000 - Y2
8,000 - Y3
16,000 - Y4
32,000 - Y5
64,000 - Y6
128,000 - Y7
256,000 - Y8
512,000 - Y9
1,024,000 - Y10

turn your $1K into $1M in 10 years? yep very easy, especially the last 6 years.

[TheCentaur]

have fun with that losing streak in year 8

[Ernie Mccracken]

Statistically, your best chance is to pick a random game and flip a coin. Go all in. Repeat. Point being, when you have no edge against the book (everyone in this thread for sure), you are guaranteed to lose in the long term.

[TheCentaur]

when you have no edge against the book (everyone in this thread for sure), you are guaranteed to lose in the long term.

Easy killer
Does that include you?

[Ernie Mccracken]

Easy killer
Does that include you?

For sure. I've had a few good runs like most, but not near dumb enough to think I have any kind of objectively verifiable edge.