My gambling journey begins today..

[superjeff24]

I'd say start by not openly telling everyone that you're illegally gambling in your first post.
Second, practice without real money for awhile, or that 2k will be sitting in a bookies pocket quickly

[The Giant]

I'm not sure who has the cooler dad, this guy or Cooper Hefner.

[ballahollic2]

I'm 17 and talked my dad into setting up an account for me. Starting out with a $2,000 bankroll. Any long term money management tips for the new guy?

try to bet no more then 3% on any single bet, that will help out long term

[eyesickk]

So from skimming over the posts this is what I got from you guys

-Don't gamble

Lol, sorry guys but I'm already in it for life.. I can tell. Best thing I could do now is just be smart w/ my money management. Have netted about $6,000 betting w/ a couple of my "square" friends. On top of that, I have a job where I'm making at least $1,500 a month to go along with my above average GPA. & And on top of that, I get lots of "tail" (I guess that's the term you old-timers use?) Hahaha, but thanks for the 2 of you that actually gave me some pretty decent money management tips. 1-3% of my bankroll seems like so little though, that's like $20 per bet. This is the first time I actually put any money towards an online book though. Might up my bankroll to $5,000. I think I'd be able to live w/ $50 bets..

Keep the tips coming though

[jjgold]

eyesick I could make a video and show you what it does

[Smoke]

Enough with the chit chat son!

Post your plays

[paranoyd androyd]

So from skimming over the posts this is what I got from you guys

-Don't gamble

Lol, sorry guys but I'm already in it for life.. I can tell. Best thing I could do now is just be smart w/ my money management. Have netted about $6,000 betting w/ a couple of my "square" friends. On top of that, I have a job where I'm making at least $1,500 a month to go along with my above average GPA. & And on top of that, I get lots of "tail" (I guess that's the term you old-timers use?) Hahaha, but thanks for the 2 of you that actually gave me some pretty decent money management tips. 1-3% of my bankroll seems like so little though, that's like $20 per bet. This is the first time I actually put any money towards an online book though. Might up my bankroll to $5,000. I think I'd be able to live w/ $50 bets..

Keep the tips coming though

A $5K bankroll is for kids, you're a lifer already as you said.

To be any kind of player, your starting bankroll needs to be at least 10 times your monthly earnings - thus $15K in your case.

Make sure to deposit as much cash as possible offshore, keep less than a hundred bucks or so in your local bank account. Every time you get paid from your job, immediately send it offshore.

[Pete0]

flat bet 2.5 % of BR

DONT pay for picks

study the games... meaning READ READ READ as much as can about teams, players etc.

[eyesickk]

Enough with the chit chat son!

Post your plays

Which section should I post in if ima be betting every single sport?

[Smoke]

Which section should I post in if ima be betting every single sport?

here in players talk where it will get the most views.

[clarkd32]

i'd wait until football season to deposit into any book

[Brock Landers]

Baseball is the easiest sport to win at!

[Hareeba!]

Some dreadful "advice" being handed out here.

As I said before, you should be prepared to lose your entire bankroll a few times whilst you're still learning the game before making it.

Put at least half your available funds in reserve and play with only half.

Get over starting off with what seem small bets. If you're good your 'roll will grow and you can increase your bet size.

Don't risk more than 2% on any play.

NEVER EVER EVER fall for chasing.

Avoid parlays. They simply don't provide the value many claim they do.

Learn the true meaning of "value". It is the key to success in any form of investment.

[Frank]

I'm 17 and talked my dad into setting up an account for me. Starting out with a $2,000 bankroll. Any long term money management tips for the new guy?

Deposit $500 into 4 different books or $400 into 5 different books.

Line shopping will help you the most to start.

[CrimsonQueen]

You will fail many times before you succeed. Especially with an attitude of "$20 is too little." $20 is NOT too little, when $20 is 1% of your bankroll! If you start off betting $100-200 per game...you're done in a week. 'Money management is key' is not something people say for fun. They mean it.

[eyesickk]

You will fail many times before you succeed. Especially with an attitude of "$20 is too little." $20 is NOT too little, when $20 is 1% of your bankroll! If you start off betting $100-200 per game...you're done in a week. 'Money management is key' is not something people say for fun. They mean it.

Solid advice, thanks

[Parlayking11]

Listening to all of you give advice to a kid how to gamble and turn into losers like yourselves is beyond pathetic!! I seriously hope none of you have kids!!! ( for the kids sake). So when are you morons going to teach and encourage this kid how to cook meth or shoot heroin???

[birdmanweezy]

apricotsinner32 will help you invest the funds wisely

[Hareeba!]

Listening to all of you give advice to a kid how to gamble and turn into losers like yourselves is beyond pathetic!! I seriously hope none of you have kids!!! ( for the kids sake). So when are you morons going to teach and encourage this kid how to cook meth or shoot heroin???

22 posts in 2 days since joining and yet to see one worth its space.

[On the come]

Deposit $500 into 4 different books or $400 into 5 different books.

Line shopping will help you the most to start.

This! Nothing worse than getting beat by a hook.

[Full Time Hobo]

Anyone who says they can make a good living off of gambling is full of shit... Unless you have inside info you're going to keep alternating between hot and cold streaks! Mostly cold streaks! After you have been gambling for a long time (like myself), it's not even about the money any more, it's about being in action.

lol

Good luck kid.
Cool of your dad to give you 2grand to start.
Make it last awhile and don't blindly follow anyone unless you agree with their picks.

[caveira]

Like everybody already said, don't bet more than 2% of your bankroll per bet and learn the meaning of "value bet", these 2 things makes all the diference to keep you out of 98% of losers in this business.

[Nick Papageorgio]

Next step ask dad to score you a high quality quarter oz. and some Xanax. Never let the stress catch up to you! These tools I have provided you with will save you more than they cost in the long haul.

[eyesickk]

lol

Good luck kid.
Cool of your dad to give you 2grand to start.
Make it last awhile and don't blindly follow anyone unless you agree with their picks.

Its my $2000

[DrIn$entive]

2-3% of your bankroll is sound advice.....

Although most other posters would only be able to bet $2 or $3 lol

[ttwarrior1]

post a pic of your mom so i can see if i would **** her

[paranoyd androyd]

[peacebyinches]

My advice: every single person that has responded to you, positively or negatively, has ultimately achieved less than their expectations. Even the (possibly) one or two people that have not actually lost money gambling... are not the big and rich, ferrari driving baller types you may envision. Interpret that as you will; be it optimistic or pessimistic, but remember it. Personally, I choose to think of the futile nature of sports betting as a motivator; conquer that which few will manage to. But then again, I sure am not a ferrari driving baller so take what you hear with a grain of salt.

Sounds like you (and your family) are loaded enough TBH, so even if that 2 grand goes down, I wouldn't stress. In fact, even if that was the last money you have to your name, don't stress; money comes and money goes. Learn from mistakes and improve. Losing (or even winning) a few g's as a teenager will not have life changing consequences.

[Ez Money 77]

*cough*cough*bullshit*

[No coincidences]

have the time of your life kid!

Make that 2 dimes last a long time

The "time of your life" gambling on sports?

You really need to check yourself into something/somewhere.

[dww123]

I hate to gamble, which is why i can make a living at it.

[relaaxx]

Listening to all of you give advice to a kid how to gamble and turn into losers like yourselves is beyond pathetic!! I seriously hope none of you have kids!!! ( for the kids sake). So when are you morons going to teach and encourage this kid how to cook meth or shoot heroin???

your in the wrong forum. the right wing conservative religious holyer than thou,i know what's best for everyone forum is somewhere else. the man, yes i said man, has made a choice. his choice. not ours. we are all just trying to help. we are not trying change his mind.

[peacebyinches]

every single dumb fukin moron on this forum dreams of having 18 bentleys in their driveway, one more does not hurt chill out

[wtf]

A $5K bankroll is for kids, you're a lifer already as you said.

To be any kind of player, your starting bankroll needs to be at least 10 times your monthly earnings - thus $15K in your case.

Make sure to deposit as much cash as possible offshore, keep less than a hundred bucks or so in your local bank account. Every time you get paid from your job, immediately send it offshore.

now this is POWER POSTING and superb advice

but again this smart ass needs no advice

[Parlayking11]

22 posts in 2 days since joining and yet to see one worth its space.

What does Hareeba stand for ? Portuguese for rooster lover?? Seriously dude you obviously have a hard on for me because you've been following me around sbr for the last 2 days with your bullshit..By the way im not interested !!! nothing you say has merit and the fact that you think you are professional gambler and have beat the books for the past 7 years is fukking comical! If you are pulling that much coin you should be running one of those duetsch bag capper services like Brandon Lange ! Please provide proof of your gambling windfalls for the past 7 years because NO ONE will ever win anything consistently, much less for 7 years as your lying ass claims!!! And the funny thing is you started chiming in to me on my 5dikes thread and everyone on this site knows that of you were beating that f a g tony for 7 straight years he would have come up with some bullshit reason tO close your account by now!! LMAO!

So unless you are willing to post some proof of your claims STFU and go back to giving handys at the race track for free $2 exacta tickets you jackass!