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#1
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Good to know.. looks like for the most part im right on track hitting between 2-7 cents on the dollar.
Im assuming in most cases you should be updating the size of your standard bet to reflect on the growth in bankroll.. How often should I be doing this..? My current strategy is to adjust my bet size after two consecutive winning weeks. Ive heard a from a lot of different sources of money managment what % of your total roll to use for a standard bet size.. i started around a 4% of my roll of each bet, im currently playing closer to a 1.5%.. I think its time to increase the size of my plays.. comm/sugg welcome [img]/images/graemlins/smirk.gif[/img] |
#2
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20Five,
We "generally" recommend to raise your bet size every time your bankroll goes up 20% overall. Sometimes our roll goes up 20% in 3 days, sometimes it takes 3 weeks. However, how often your roll goes up 20% also depends on the number of games you play in a day, your winning pct., etc. You don't seem to play too many games in a day so it might take you alot longer. So hypothetically speaking if your bankroll was $10000 and you played 1% per game you would be playing $100 a game. You would ONLY adjust your bet size to $120 a game when your bankroll increases to $12000. Increasing your bet size too often can hurt you. Remember DON'T GET GREEDY!!!! Unless you're hitting over 60% long term, (which is almost impossible) betting 4% per play is crazy. Greed will kill you faster than poor handicapping. |
#3
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The %20 rule makes sense.. thats about where i sit now, so I will go home and crunch a couple numbers to see what my new bet size will be...
I generally have a total amount of money wagered during the week pretty close to my total bankroll amount when all is said and done.. This seems to be spread across about 20-25 picks a week, usually 3 or 4 plays a night. I started off around 4% thinking that was pretty safe (when i first got into sports betting) and have since realized %2 is much steadier.. Ive also learned that generally there is no advantage to changing the size of a play a whole lot based on the strength of a pick.. I probably only do this 3 or 4 times out of my 20-25 picks per week. I appreciate having someone experienced chime in with their techniques as I have not gotten ahold of any real material on any of these subjects... I take what I can from forums such as this and learn as I go.. sports betting has much much more to it then I originally had imagined.. looking forward to getting another winning night tonight!! thanks sporty.. I keep meaning to check out your site I will tonight [img]/images/graemlins/smirk.gif[/img] GL! |
#4
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Had an amazing week.. went 18-8 with total bets.. for a %17.09 return..
Also glad we had talked about increasing my bet size because im on a 5-0 run since doing it!! [img]/images/graemlins/grin.gif[/img] |
#5
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20Five,
18-8 is a nice run. Don't do anything crazy though because you would't want to lose all you've gained if you go 5-10 your next 15. I'm guessing you must have had some combination of Mich St./Nova/Wisconsin last night. |
#6
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thanks sporty,
close guess.. I had Tor from the NBA along with state and nova I start my weeks saturdays, so that one is booked.. not going to do anything differently kicking this week off but with those wins I like where my new bet size is at (roughly %3 of roll) get money!! couldnt wait for mlb, but with hoops going like it is now whos counting [img]/images/graemlins/cool.gif[/img] |
#7
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Yeah, this is my favorite time of the year. Baseball starting and the Final Four.
Baseball gives you the chance for so much action. |
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