(Posted the same thing in NCAAB forum where I started posting plays on 3/5. Going to start the same thread in all appropriate forums)
Hello all - I've been betting (i.e. losing) on sports for the past 12-14 years. I am convinced my losing is due primarily to my lack of discipline. I've never tracked my winning percentage, but I'd guess it to be around 55-58%. My problem is I will get on a hot streak, then double or triple my wager amount and eventually lose all my winnings....plus some!
My reason for starting this thread is a feeble attempt to create some discipline (i.e. accountability for myself). I will post all of my wagers on a google spreadsheet (let me know if you want access). I will post on here occasionally, but don't have time to login and post every play.
My simple plan is to bet 2% of my bankroll on every play. My bankroll for 2017 is $10,000. I will update my wager amount every Monday - based on my current bankroll for that week.
Based on some potentially bad math. If I bet an average of 15 games per week with 10% juice, here's where I should end up at the end of the year (with 43 weeks left in the year).
55% winning percentage (1.65% gain each week): $19,957
58% winning percentage (3.54% gain each week): $44,632
I bet primarily with a local and in Football and Basketball I get 5% juice, so actual results will vary.
Onward...
First NBA plays:
Pacers -5.5
Nets -1.5
Rockets -7.5
Current NCAAB record: 55-46 / 54.5%
Total Bankroll: $11,294
0
To remove first post, remove entire topic.
(Posted the same thing in NCAAB forum where I started posting plays on 3/5. Going to start the same thread in all appropriate forums)
Hello all - I've been betting (i.e. losing) on sports for the past 12-14 years. I am convinced my losing is due primarily to my lack of discipline. I've never tracked my winning percentage, but I'd guess it to be around 55-58%. My problem is I will get on a hot streak, then double or triple my wager amount and eventually lose all my winnings....plus some!
My reason for starting this thread is a feeble attempt to create some discipline (i.e. accountability for myself). I will post all of my wagers on a google spreadsheet (let me know if you want access). I will post on here occasionally, but don't have time to login and post every play.
My simple plan is to bet 2% of my bankroll on every play. My bankroll for 2017 is $10,000. I will update my wager amount every Monday - based on my current bankroll for that week.
Based on some potentially bad math. If I bet an average of 15 games per week with 10% juice, here's where I should end up at the end of the year (with 43 weeks left in the year).
55% winning percentage (1.65% gain each week): $19,957
58% winning percentage (3.54% gain each week): $44,632
I bet primarily with a local and in Football and Basketball I get 5% juice, so actual results will vary.
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