Money Management Betting

[victorulez]

Just curious what money management systems people use like
% bank roll , parlays , increasing bets etc and how successful they have been. Thanks.

[Orange Fedora]

I use 4% of my bankroll until i hit 120%. Then i take 4% of that and so on goes this thing of ours

[wiesman02]

Proper money management, according to all the pros, says you should not bet over 2% of your roll on any one game.

In addition, you should not be varying your bet sizes. If you win 56% of your bets, you are not guaranteeing yourself $$. Instead, by varing bet sizes you could be losing money in such a manner.

[Orange Fedora]

http://www.ultimatecapper.com/sports-betting-articles-80.htm

[beermantm]

Don't even bother reading that crap!!!

Stick to what wiesman is saying. That 3-4-5 system is garbage. Adjusting your bankroll after only only 8 wins or 5 loses is a good way to set yourself on a path of going broke.

Flat bet until you have picked up 20 bets then take the same percentage of your now current bankroll.

1000 - 4%= $40

Bet 40 a game untill your broke or untill you hit 2000.

$44 to win $40

that gives you 22 bets to go broke......... for decreased risk of going broke use 2% or 1%.

2% will give you over 45 bets and 1% gives you over 90 bets. With the standard deviation in games the more bets you make the closer to 50% you will be which is perfect if you have a winning expectation of 55%.

Football I use higher betting size of 4% but other sports I crank it way down.