Is my strategy good?

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  • wasi90lk
    SBR Rookie
    • 09-16-11
    • 14

    #1
    Is my strategy good?
    i have a strategy that is expected to give me $100 daily.

    i want to choose 5 bookmakers. in each of those 5 bookmakers, i will deposit $100.

    each day, i will try to earn $20 from each of them. so, i should earn $100 ($20 x 5) daily or $3000 monthly.

    why don't i want to earn more? because i do not want to get limited and i want to make it my primary income source.

    so, do you think my strategy is good?

    any suggestion will be appreciated, as i am not very old in sports betting.
  • JMon
    SBR Hall of Famer
    • 12-11-09
    • 9800

    #2
    I don't think multiple books is contingent on whether or not an amount of money is earned daily, rather is used to line shop.
    Comment
    • easyliving
      SBR Hall of Famer
      • 06-25-12
      • 8876

      #3
      how will you earn the 20 dollars in each bookie? that is the real question. There is no guarantee that you will be earning 20 dollars per bookie
      Comment
      • wasi90lk
        SBR Rookie
        • 09-16-11
        • 14

        #4
        Originally posted by easyliving
        how will you earn the 20 dollars in each bookie? that is the real question. There is no guarantee that you will be earning 20 dollars per bookie
        $20 is not a big amount. i am confident, i can make that much most of the times.

        so is my strategy realistic?
        Comment
        • easyliving
          SBR Hall of Famer
          • 06-25-12
          • 8876

          #5
          if your saying you can make $20 guarantee per day on any bookie I want in on this. where do i sign up
          Comment
          • Ruifgalmeida
            SBR MVP
            • 04-23-08
            • 2024

            #6
            Originally posted by wasi90lk
            $20 is not a big amount. i am confident, i can make that much most of the times.

            so is my strategy realistic?
            Nobody can confident say that they will 20$ a day it is impossible to predict the future with such accuracy.
            But if you are that good your strategy is awfull you are better flat betting 1% or 2% , or if you can calculate your edge use Kelly.
            Comment
            • bumpy1
              SBR High Roller
              • 06-03-12
              • 100

              #7
              you will not win $20 a day from each book consistently. I wouldn't make this my day job if I were you. Good luck
              Comment
              • Waterstpub87
                SBR MVP
                • 09-09-09
                • 4108

                #8
                No your strategy is not good. You will be betting 20% of your bankroll or more daily. You will most likely be broke in a month. Put that 500 in one bookie and bet 20$ or less a day. Add money as you go, and if you can pick over 55% or so you can maybe make it your sole income in five years.
                Comment
                • newbottles
                  SBR Sharp
                  • 06-22-12
                  • 312

                  #9
                  I agree. Bankroll management might not seem exciting but I have quickly learned it is crucial to getting the most out of this grind/hobby/side job/career. Aim for 2-3% of your total roll per wager. If this isn't enough to excite you, build a bigger roll. It really is more fun and fulfilling this way after a year or two, let alone longer.

                  Also to state the obvious: what is your strategy to hit such a high winning percentage? What markets are you sharp at? How many games are you betting each day? Etc
                  Comment
                  • wasi90lk
                    SBR Rookie
                    • 09-16-11
                    • 14

                    #10
                    thank you everyone for your input.

                    Originally posted by newbottles
                    I agree. Bankroll management might not seem exciting but I have quickly learned it is crucial to getting the most out of this grind/hobby/side job/career. Aim for 2-3% of your total roll per wager. If this isn't enough to excite you, build a bigger roll. It really is more fun and fulfilling this way after a year or two, let alone longer.

                    Also to state the obvious: what is your strategy to hit such a high winning percentage? What markets are you sharp at? How many games are you betting each day? Etc
                    my strategy is to bet on heavyweights when they face minnows. for instance, when rafael nadal faces a nobody i can bet on nadal since he is a heavyweight.

                    i think i am fairly good at cricket betting, i watch cricket since 1997, so i know the teams fairly well.
                    Comment
                    • Waterstpub87
                      SBR MVP
                      • 09-09-09
                      • 4108

                      #11
                      Originally posted by wasi90lk
                      thank you everyone for your input.



                      my strategy is to bet on heavyweights when they face minnows. for instance, when rafael nadal faces a nobody i can bet on nadal since he is a heavyweight.

                      i think i am fairly good at cricket betting, i watch cricket since 1997, so i know the teams fairly well.
                      So you lay heavy chalk all the time?
                      Comment
                      • TMoney33
                        SBR Sharp
                        • 08-29-10
                        • 388

                        #12
                        Originally posted by wasi90lk
                        thank you everyone for your input.
                        my strategy is to bet on heavyweights when they face minnows. for instance, when rafael nadal faces a nobody i can bet on nadal since he is a heavyweight.
                        Yeah but the one upset will wipe out months of wins. Upsets DO happen, otherwise the books wouldn't even post lines on these events.
                        Comment
                        • AraiWa
                          SBR Sharp
                          • 05-23-12
                          • 288

                          #13
                          Originally posted by wasi90lk
                          i have a strategy that is expected to give me $100 daily.

                          i want to choose 5 bookmakers. in each of those 5 bookmakers, i will deposit $100.

                          each day, i will try to earn $20 from each of them. so, i should earn $100 ($20 x 5) daily or $3000 monthly.

                          why don't i want to earn more? because i do not want to get limited and i want to make it my primary income source.

                          so, do you think my strategy is good?

                          any suggestion will be appreciated, as i am not very old in sports betting.
                          You're dreaming pal. If it were that easy there wouldn't be casinos. You have a foolproof plan for never losing? Seriously, you obviously haven't done your research. First, your bank roll isn't big enough to make any serious cash at first. It's a serious grind and if you're putting 3% of $500 that's only $15 in total - peanuts.

                          Originally posted by newbottles
                          I agree. Bankroll management might not seem exciting but I have quickly learned it is crucial to getting the most out of this grind/hobby/side job/career. Aim for 2-3% of your total roll per wager. If this isn't enough to excite you, build a bigger roll. It really is more fun and fulfilling this way after a year or two, let alone longer.

                          Also to state the obvious: what is your strategy to hit such a high winning percentage? What markets are you sharp at? How many games are you betting each day? Etc
                          It's taken me a long time to understand and practice discipline too and once in a while I slide, but not very often. If I bet 5% that's huge and thus it's difficult to make much money in the short term. I stick to boxing, a little MMA and Tennis, that's it. They don't call it gambling for nothing.
                          Comment
                          • Piscataquis
                            SBR Rookie
                            • 06-20-12
                            • 32

                            #14
                            I don't believe ANY betting system wins in the long run, but if yours does, keep quiet about it. If everyone uses it and wins, that's the end of gambling.
                            Comment
                            • Sawyer
                              SBR Hall of Famer
                              • 06-01-09
                              • 7761

                              #15
                              Originally posted by wasi90lk
                              i have a strategy that is expected to give me $100 daily.

                              i want to choose 5 bookmakers. in each of those 5 bookmakers, i will deposit $100.

                              each day, i will try to earn $20 from each of them. so, i should earn $100 ($20 x 5) daily or $3000 monthly.

                              why don't i want to earn more? because i do not want to get limited and i want to make it my primary income source.

                              so, do you think my strategy is good?

                              any suggestion will be appreciated, as i am not very old in sports betting.
                              Not a good strategy if you ask me. Instead of using 5 seperate books, why not use a A+ book where you wont have any limit problems? And why you limit yourself for 3k/month only? Our targets/perspective changes by time. Your goal may be 3k a month for now but maybe after 3 years your target will be 10k.

                              My goal was 10k/month for a long time. I thought it's too good, and something beyond it is very hard. Then I met a guy, who made 200k in last 3 months. Then I increased my targets since I realized it's possible to make even 60k/month. I don't win 60k/month yet but this is one of my future targets for now..
                              Comment
                              • Ruifgalmeida
                                SBR MVP
                                • 04-23-08
                                • 2024

                                #16
                                Originally posted by wasi90lk
                                thank you everyone for your input.



                                my strategy is to bet on heavyweights when they face minnows. for instance, when rafael nadal faces a nobody i can bet on nadal since he is a heavyweight.

                                i think i am fairly good at cricket betting, i watch cricket since 1997, so i know the teams fairly well.
                                Betting on favorites will not get you limited, in fact bookies will love you.
                                You maybe good at cricket but believe me bookies know more about that you.
                                Comment
                                • JMon
                                  SBR Hall of Famer
                                  • 12-11-09
                                  • 9800

                                  #17
                                  Originally posted by Sawyer
                                  Not a good strategy if you ask me. Instead of using 5 seperate books, why not use a A+ book where you wont have any limit problems? And why you limit yourself for 3k/month only? Our targets/perspective changes by time. Your goal may be 3k a month for now but maybe after 3 years your target will be 10k.

                                  My goal was 10k/month for a long time. I thought it's too good, and something beyond it is very hard. Then I met a guy, who made 200k in last 3 months. Then I increased my targets since I realized it's possible to make even 60k/month. I don't win 60k/month yet but this is one of my future targets for now..
                                  An individual has to have an abundance of wealth and the capability to drop that wealth at any given time, as well as not be financially hurt by taking a loss (long-term) to make 60K/month, let alone 200K in three months. Get real.
                                  Comment
                                  • wasi90lk
                                    SBR Rookie
                                    • 09-16-11
                                    • 14

                                    #18
                                    i started off july with $30 capital (deposited in bet365).

                                    today, i made $16 so far. thanks to spain, i won some money.

                                    i will update in this thread how things are going. my plan is to earn around $20 daily.
                                    Comment
                                    • Sawyer
                                      SBR Hall of Famer
                                      • 06-01-09
                                      • 7761

                                      #19
                                      Originally posted by JMon
                                      An individual has to have an abundance of wealth and the capability to drop that wealth at any given time, as well as not be financially hurt by taking a loss (long-term) to make 60K/month, let alone 200K in three months. Get real.


                                      You better change/raise your expectations.
                                      Comment
                                      • 2Diamonds
                                        SBR Rookie
                                        • 07-02-12
                                        • 25

                                        #20
                                        This will work if you pick a service, stick with it, and keep it spread out through your books.

                                        Sticking with 1 service is hard to do, but you'll make money in the long run.

                                        My two cents.
                                        Comment
                                        • wasi90lk
                                          SBR Rookie
                                          • 09-16-11
                                          • 14

                                          #21
                                          july 2, i lost $5. a big blow.
                                          Comment
                                          • JMon
                                            SBR Hall of Famer
                                            • 12-11-09
                                            • 9800

                                            #22
                                            [QUOTE

                                            You better change/raise your expectations.[/QUOTE]

                                            All gamblers have the same expectations, that is to win within there means (at least I hope). Your video and input puts nothing but false hopes for those that can't afford to wager, your limits. I've won 55% of my wagers this year in MLB (yes I have won money), yet I can only afford to wager (at most) 50.00 to 200.00 game. Does that make me any different than you? Further, your video fails to show "the all" We all go on losing streaks. When was yours?

                                            Sawyer, I am proud of your accomplishments! The guy in reference is whom I am talking too. The guy is betting 5 dollars a pop! Like I said some don't have the money to generate the so called money you wager or make. Starting cash flow, with proper money management can be totally different with one better of a 10K bankroll vs one with a 100.00 bankroll. Both can have the same money management and place the same bets; however you can generate more money based on wage size, yet the same ROI is achieved between the two of you. Like I said get real.
                                            Comment
                                            • probettor1
                                              SBR MVP
                                              • 04-22-11
                                              • 1985

                                              #23
                                              why don't i want to earn more? because i do not want to get limited and i want to make it my primary income source.
                                              Son, online sportsbooks, bookies and casinos look at you like a wolf look at a lamb. The more you win the happier they are. They know that a winning client is a addicted client, that is the hook that bring all us here, a good streak. The more you win the more they want you. You will never make money betting in the long run, your IQ is very low, any one posting such a crap is a moron. Sorry kid, welcome to loser land.
                                              Comment
                                              • Piscataquis
                                                SBR Rookie
                                                • 06-20-12
                                                • 32

                                                #24
                                                Originally posted by probettor1
                                                Son, online sportsbooks, bookies and casinos look at you like a wolf look at a lamb. The more you win the happier they are. They know that a winning client is a addicted client, that is the hook that bring all us here, a good streak. The more you win the more they want you. You will never make money betting in the long run, your IQ is very low, any one posting such a crap is a moron. Sorry kid, welcome to loser land.
                                                I agree with this 100%. However, I would have been more diplomatic about it. But sometimes a good dose of strong medicine is what a person needs, so be glad probetter1 told you this. If you are only risking $100, and you don't need that $100, go and have fun. If you win more than that $100, and have the control to walk away when you loose $100 back to the book, you'll be a better gambler than I am. If you hit a good streak, and that's possible if you know the sport that your betting on very well, the trick is not to "get hooked", and walk away a winner.
                                                Comment
                                                • probettor1
                                                  SBR MVP
                                                  • 04-22-11
                                                  • 1985

                                                  #25
                                                  However, I would have been more diplomatic about it
                                                  Comment
                                                  • traxmub
                                                    SBR Sharp
                                                    • 01-25-10
                                                    • 433

                                                    #26
                                                    good luck
                                                    Comment
                                                    • eberetta1
                                                      SBR MVP
                                                      • 03-27-09
                                                      • 1158

                                                      #27
                                                      Sounds not good to me as a strategy. I would work a $10 an hour job 5 days a week, which is $2000 monthly. Then you will not have the variance that could set you back.

                                                      If a place offered you $20 percent interest for a year on $100, it would be too good to be true, yet you want $20 from each $100 on a daily basis? The numbers do not add up.

                                                      You say you bet on cricket or know it well, do they play every day of the year? I know baseball has 162 games in a year, so baseball is played with enough frequency, that it could cover more than half the year for betting.
                                                      Comment
                                                      • pipita17
                                                        SBR Sharp
                                                        • 07-17-12
                                                        • 393

                                                        #28
                                                        real q is how to compose value good price good pick knowledge and luck in one good bet? you cant never guarantee that you will be earning 20 bucks every day...betting places wouldnt exist..gl man
                                                        Comment
                                                        • Stockdale
                                                          SBR High Roller
                                                          • 08-07-12
                                                          • 165

                                                          #29
                                                          Originally posted by wasi90lk
                                                          i have a strategy that is expected to give me $100 daily.

                                                          i want to choose 5 bookmakers. in each of those 5 bookmakers, i will deposit $100.

                                                          each day, i will try to earn $20 from each of them. so, i should earn $100 ($20 x 5) daily or $3000 monthly.

                                                          why don't i want to earn more? because i do not want to get limited and i want to make it my primary income source.

                                                          so, do you think my strategy is good?

                                                          any suggestion will be appreciated, as i am not very old in sports betting.

                                                          You dont want to earn more BECAUSE you want it to be your primary source of income??
                                                          Comment
                                                          • tobydicesare
                                                            SBR Rookie
                                                            • 08-14-12
                                                            • 25

                                                            #30
                                                            Strategy

                                                            First, it would be helpful to know and understand your plan to get good advice. I, personally, do not listen to the % people--(lumped in a big category here, ie...55% winners, 58% winners, that's all you have to do, etc...) The important thing to understand is to gain knowledge from knowledge. from this I mean...read books that span across not only gambling, but time management, money management, emotional states of being, randomness, strategy, persuasion, etc., things that will help you formulate your ideas to make appropriate wagers and most importantly, put together a plan for success. I don't care if you start with a $10 or 1,000,000....it comes down to this...get your plan together, no matter how flawed/perfect some may think it is, just have the formula in place and don't stray from it. That doesn't mean wake-up Saturday morning, get onto 5Dimes and bet according to who's on NBC at 10, noon, and 2....it means to put together a list of things you will do each week for every game.... Games, should become almost boring when applying your strategies b/c your way of figuring how to win is always the same...and of course improved, when you find one of your "ingenious" ideas doesn't seem to work b/c now you will alter your plan to become better and more successful. If you do not have the plan in place, you will find yourself up, up, up, and then, just when you start to fantasize about everything that is golden (good), you fall from grace b/c you don't have a plan....it may take a few seasons to get down, but the research is out there, you need to assess what you think works and look at the historical data to help analyze your findings. You will eventually tweak your formula to what you think works...and when you find it....you have only just begun your journey into the wonderful world of sports gambling.
                                                            Hope this helps a little.
                                                            Comment
                                                            • Halstad
                                                              SBR High Roller
                                                              • 11-14-10
                                                              • 114

                                                              #31
                                                              F'em OP I see nothing wrong with your strategy. GL!
                                                              Comment
                                                              • LuckyNumber
                                                                SBR Rookie
                                                                • 11-30-12
                                                                • 12

                                                                #32
                                                                This is the worst strategy of all time..betting huge favorites? Go 19-20 and still be the negative? What people don't realize is that lines are made for a reason..if there was free money out there books wouldn't offer it
                                                                Comment
                                                                • zack11234
                                                                  SBR Rookie
                                                                  • 11-30-12
                                                                  • 10

                                                                  #33
                                                                  Anyone else love Peyton Manning as much as me?
                                                                  Comment
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