I see you haven't gotten any answers to your question yet, so I will try to point you in the right direction. If you are arecreational gambler and have money to burn, and you do it just for fun, then you can bet however you want. But since you are asking for guidance, I am assuming you want to make sportsbetting a profitable venture. Be advised that this is a very difficult task. But, as far as wagering goes, you need to put money management principles in place. One way you can do this is to first determine your total gambling bankroll....this is an amount that if you lost all of it, you would stop wagering entirely. Then, according to your risk tolerance, you would RISK between 1% and say 5% of this total bank on a sporting event, and no more than say 10% of your bank in a single day. There is much more to this, but I won't go into it here. Try reading some books on the subject such as Sportsbetting by Stanford Wong. And be conservative. Hope this helps.
0
I see you haven't gotten any answers to your question yet, so I will try to point you in the right direction. If you are arecreational gambler and have money to burn, and you do it just for fun, then you can bet however you want. But since you are asking for guidance, I am assuming you want to make sportsbetting a profitable venture. Be advised that this is a very difficult task. But, as far as wagering goes, you need to put money management principles in place. One way you can do this is to first determine your total gambling bankroll....this is an amount that if you lost all of it, you would stop wagering entirely. Then, according to your risk tolerance, you would RISK between 1% and say 5% of this total bank on a sporting event, and no more than say 10% of your bank in a single day. There is much more to this, but I won't go into it here. Try reading some books on the subject such as Sportsbetting by Stanford Wong. And be conservative. Hope this helps.
Betting $100 flat on every game is the more aggressive approach and will allow you to profit more on the Dogs you win, while betting TO WIN $100 on those dogs is more conservative.
The main rule you have to remember is you want to stay in the game as long as possible. If you're betting $100 flat on every game then you should have a bankroll of $2,000 minimum, preferably 5-10k. You want to make sure you have enough in your bank for when you hit that slump period (which even the BEST cappers experience. You haven't been betting very long if you think it won't happen to you).
If you have a good size Bankroll then I would bet $100 flat on those Dogs and capitalize on the extra profit. If your Bankroll is lower then definitely bet to win $100 on them.
Most people want to make the quick and easy buck right now, and if you're just looking for some kicks and make a few extra bucks for a couple weeks, then by all means take an ultra aggressive approach.. but if you're looking to do this for any extended period of time, you make sure you manage your money properly and can stay in the game as long as possible. It's better to make just 5 Units a month than busting your Roll and going broke.
Also, for MLB, avoid betting any high favorites. The actually odds number can differ for everyone, but personally I won't play anything over -160 this season. There's too many games on a daily basis to be playing bad Value games like this.
Good Luck this season
0
Betting $100 flat on every game is the more aggressive approach and will allow you to profit more on the Dogs you win, while betting TO WIN $100 on those dogs is more conservative.
The main rule you have to remember is you want to stay in the game as long as possible. If you're betting $100 flat on every game then you should have a bankroll of $2,000 minimum, preferably 5-10k. You want to make sure you have enough in your bank for when you hit that slump period (which even the BEST cappers experience. You haven't been betting very long if you think it won't happen to you).
If you have a good size Bankroll then I would bet $100 flat on those Dogs and capitalize on the extra profit. If your Bankroll is lower then definitely bet to win $100 on them.
Most people want to make the quick and easy buck right now, and if you're just looking for some kicks and make a few extra bucks for a couple weeks, then by all means take an ultra aggressive approach.. but if you're looking to do this for any extended period of time, you make sure you manage your money properly and can stay in the game as long as possible. It's better to make just 5 Units a month than busting your Roll and going broke.
Also, for MLB, avoid betting any high favorites. The actually odds number can differ for everyone, but personally I won't play anything over -160 this season. There's too many games on a daily basis to be playing bad Value games like this.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.