NBA 2011 Playoffs ATS/Tot/1stH/2ndH

R Man - sticking with money management system despite the temptations to increase when doing well or doing poorly.  Many thanks for sharing - am up several units this wk because of you.  BOL my friend and hope to be on it some great games tomorrow! 

Mahalos.

HB

While I agree money management is key in any successful financial investment, whether it be stocks or gambling, units are used in many different ways. Units can signal a player to what the strength of the play is. It can also indicate how much the person who made the play thinks it's worth. I place unit values on every game I pick. This is based on my bankroll and how strong the pick is. I don't  do percentages. If you try an wager simply based on 10% of your roll on each game you play, you WILL LOSE. In order to be truly successful you have to do several things.

1. Money Management

2. Look for the Edge

3. Never chase a loss

There are many strategies and I have yet to hear of anyone who has retired from doing so well.

RahstahMan, I personally like the fact that you have something that works for you. However, I am astounded by all the sheep that follow a play from someone with a bong smoking avatar. Of course many of us know that its just a stupid picture, I mean I have a topless chick in mine and I certainly wouldn't take advice from someone that had and avatar like that either.

This is not a bash, its just a difference in opinion. I hope you all make fortunes, but do your own homework. Understand what games give you the greatest chance of winning.

Good Luck All!

"Although the percentage a bettor uses varies the standard or suggested percentage is 2% with a maximum of 5%. So let's say you use 5% to define your unit. With a $500 bankroll you would have to lose 20 plays in a row to go bankrupt. No matter how bad you may run you minimize the possibility that you'll go bankrupt by adhering to unit play as it's defined. If you used the suggested 2% you would have to lose 50 in a row before you had to reach for your wallet. Understanding that bad runs are inevitable I believe it's safe to say that no one has ever lost 50 in a row (and if you have you may want to consider another hobby) so what does that mean? It means never going bust. Never going bankrupt. Never reaching for your wallet. It means a lot. ..."

Rah, stay positive, everybody gets cold every now and then.  Just gotta keep going.  Dont let it get to u and it seems like u are managing your BR accordingly.  Your doing something right, u got a big following now with people tailing you.  Itz all good holmes.  "I'm astounded by all the sheep that follow a play from someone with a bong smoking avatar."(dont listen to this jackass with a naked girl for his avi)