Quote Originally Posted by zircon: @wolfeman3 Does your recommendation hold still at 2-3% for each bet if the 55% guy has maybe 20 or more bets he wants to play before the weekend?
absolutely! Value is value
@wolfeman3
"@zircon, I appreciate you brother! You're a GOOD dude, anyone can see that!" -Wizerg
Quote Originally Posted by zircon: @wolfeman3 Does your recommendation hold still at 2-3% for each bet if the 55% guy has maybe 20 or more bets he wants to play before the weekend?
Quote Originally Posted by steponaduck: Quote Originally Posted by TRAIN69: You can't bet 7% of your bankroll on every play. A few losing plays in a row and you lose half.....2-3% max for a standard play...for example, if you are a $100 player, it is reasonable that your bankroll is $5000. you should NOT be betting $100 per play however, if your BR is $800.00 furthermore, if your BR is $20,000...you should not be betting $1500 per play, its too much. that should be closer to $300-400 per play.
Agree with that 2% is probably the optimal for good mm if winning at 55% clip routinely. But I would definitely raise that percentage if my average plays are winning at a higher clip.
Thank you. That appears to be the consensus.
"@zircon, I appreciate you brother! You're a GOOD dude, anyone can see that!" -Wizerg
Quote Originally Posted by steponaduck: Quote Originally Posted by TRAIN69: You can't bet 7% of your bankroll on every play. A few losing plays in a row and you lose half.....2-3% max for a standard play...for example, if you are a $100 player, it is reasonable that your bankroll is $5000. you should NOT be betting $100 per play however, if your BR is $800.00 furthermore, if your BR is $20,000...you should not be betting $1500 per play, its too much. that should be closer to $300-400 per play.
Agree with that 2% is probably the optimal for good mm if winning at 55% clip routinely. But I would definitely raise that percentage if my average plays are winning at a higher clip.
Look at it like this How many bets do you want to have to play with.... If u have a $100 bankroll....how many bets do u want to have to play with before you are back to zero 100?? Seems a little high. That would be 1% or 1$ per bet 50??? Seems decent. That would be 2% or 2$ per bet 33?? More reasonable. That would be 3% or 3$ per bet 25??? Riskier. That would be 4% or 4$ per bet 20??? Cutting it close. That would be 5% or 5$ per bet....0-20 streak would be hard to see happening....but 40-60 seems like an obtainable record
As you can see 2-3% is a good range. You have to go on a terrible losing streak to empty the bankroll
Thank you. That appears to be the consensus.
"@zircon, I appreciate you brother! You're a GOOD dude, anyone can see that!" -Wizerg
Look at it like this How many bets do you want to have to play with.... If u have a $100 bankroll....how many bets do u want to have to play with before you are back to zero 100?? Seems a little high. That would be 1% or 1$ per bet 50??? Seems decent. That would be 2% or 2$ per bet 33?? More reasonable. That would be 3% or 3$ per bet 25??? Riskier. That would be 4% or 4$ per bet 20??? Cutting it close. That would be 5% or 5$ per bet....0-20 streak would be hard to see happening....but 40-60 seems like an obtainable record
As you can see 2-3% is a good range. You have to go on a terrible losing streak to empty the bankroll
Right smack in the middle of the predominant 2-3% of total BR on each and every bet that a 55% consistent winner should be expected to bet if he knows what he's doing
"@zircon, I appreciate you brother! You're a GOOD dude, anyone can see that!" -Wizerg
Right smack in the middle of the predominant 2-3% of total BR on each and every bet that a 55% consistent winner should be expected to bet if he knows what he's doing
At the other sportssite I participant in (will not name) I asked there and the vast consensus is in the 1-3% range of total BR on each and every bet even if you have a large number of bets at a time, by the winning bettor who hits above average consistently (ie, less risk than average so he can afford to be a wee bit more aggressive, usually in the upper 2-3% range and more on certain bets)
"@zircon, I appreciate you brother! You're a GOOD dude, anyone can see that!" -Wizerg
At the other sportssite I participant in (will not name) I asked there and the vast consensus is in the 1-3% range of total BR on each and every bet even if you have a large number of bets at a time, by the winning bettor who hits above average consistently (ie, less risk than average so he can afford to be a wee bit more aggressive, usually in the upper 2-3% range and more on certain bets)
Additionally I found 24 articles posted all over the net almost entirely in agreement with the 1-3% recommendation for beginners, leaning mostly to the 1-2% range while for experienced bettors, the 2-3% range (on avg) of entire bankroll, on each and every bet with the exceptions made for picks one feels especially confident has a much higher chance of winning than his other bets.
Articles explaining this include ESPN, NEW YORK POST, and our own Covers.com
Probably way more than 24 saying the same thing but after awhile it was clear what the consensus is.
Also contained in those money management articles was the understanding thet one single bet on any given is assumed a one unit bet unless stated otherwise.
This means, for the beginner, that lone bet would be in the 1-2% range of his entire bankroll. So a $1,000 bankroll would mean he bets between $10 (1%) to as much as $20 (2%)
The experienced and winning bettor would optimize his bets and bet in the 2-3% range, with even more on high confidence picks.
"@zircon, I appreciate you brother! You're a GOOD dude, anyone can see that!" -Wizerg
Additionally I found 24 articles posted all over the net almost entirely in agreement with the 1-3% recommendation for beginners, leaning mostly to the 1-2% range while for experienced bettors, the 2-3% range (on avg) of entire bankroll, on each and every bet with the exceptions made for picks one feels especially confident has a much higher chance of winning than his other bets.
Articles explaining this include ESPN, NEW YORK POST, and our own Covers.com
Probably way more than 24 saying the same thing but after awhile it was clear what the consensus is.
Also contained in those money management articles was the understanding thet one single bet on any given is assumed a one unit bet unless stated otherwise.
This means, for the beginner, that lone bet would be in the 1-2% range of his entire bankroll. So a $1,000 bankroll would mean he bets between $10 (1%) to as much as $20 (2%)
The experienced and winning bettor would optimize his bets and bet in the 2-3% range, with even more on high confidence picks.
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