haven't seen too many answers actually about "how much".
looking at my current situation, i would need to make $3,000 a month to live as i am. i could get by on $2,500, but fuck that. i am committed to my beerz.
so that would be $750 a week. how many months of living expenses would you set aside, seperate from your bankroll? after you have your living expenses set aside, what would then be the size of your bankroll -- please, don't make your living expense money part of your bankroll. you should supplement your savings with your sports betting....not the other way around. do you have enough saved up to take care of yourself during a "bear market", or would you be stressing next month's rent? don't quit your day job just yet.
i'm curious to know what the opinions are on how much your starting bankroll should be if you wish to make $750 a week, and what would be the minimum you would have saved up in the real world?
looking at my current situation, i would need to make $3,000 a month to live as i am. i could get by on $2,500, but fuck that. i am committed to my beerz.
so that would be $750 a week. how many months of living expenses would you set aside, seperate from your bankroll? after you have your living expenses set aside, what would then be the size of your bankroll -- please, don't make your living expense money part of your bankroll. you should supplement your savings with your sports betting....not the other way around. do you have enough saved up to take care of yourself during a "bear market", or would you be stressing next month's rent? don't quit your day job just yet.
i'm curious to know what the opinions are on how much your starting bankroll should be if you wish to make $750 a week, and what would be the minimum you would have saved up in the real world?
Professional gamblers only bet up to 5% of their bankroll (usually less). You should have $20,000. Check out this link.
htp://www.professionalgambler.com/Winperct.html
htp://www.professionalgambler.com/Winperct.html
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it's all a math problem.
Bet 1% or so of your bankroll per game/bet.
Next add up all the money you bet per week and after a high volume of plays you should win around 2% of what you have bet.
Been doing this seriously for 3+ years now and 2% ROI is almost like clockwork where I end up after 2,000 plays (3 months).
Bet 1% or so of your bankroll per game/bet.
Next add up all the money you bet per week and after a high volume of plays you should win around 2% of what you have bet.
Been doing this seriously for 3+ years now and 2% ROI is almost like clockwork where I end up after 2,000 plays (3 months).
It's likely the most discussed Topic theme over the past five years I've been posting here, so a Search of older Topics would be more productive than anything I might personally add at this moment.
Severe money mgmt is the #1 rule and that is combined with a long term vision of getting from Point A to Point B
Don't have any scientific analysis, but would venture that most of the "95%" who don't have success are violating one or both of the two aspects above.
They same can be said about people who try to sway this guy into believing he has a good chance at making money gambling.
But then you are also the person that claimed that hard drug use is okay in moderation. Not fighting words. Just making a point.
I don't think this poor chap should be led astray. As somebody else stated, most people on this site(mods included) are full of it. It's a friggin gambling site so what do you expect.
I'm not being snide, just saying this can shouldn't be led to believe he can make money, even though he might, when most people don't.
Yours truly,
Sumday(currently finishing masters at U of M, so not too insufficiently educated)
Of the people who bet for a living, 99% of them place bets sunday nite thru wed,...they're not like the rest of us squares who start to bet on saturday and sunday mornings..
even the best sharps will tell you that u can't beat any sport betting against widely available lines...
so if you're serious about making money in this business, a good place to start is to find books that you can make bets where your wagers are a point better than what the market is...
even the best sharps will tell you that u can't beat any sport betting against widely available lines...
so if you're serious about making money in this business, a good place to start is to find books that you can make bets where your wagers are a point better than what the market is...
It's called mathematics. Most won't win in long term. Most means over 95%. The said part is I spent minutes a day capping and cleared over 5 grand in MLB this season. There are people that waste hours a day capping and break even or lose money. It's tragic. Plus who's to say I will make that kind of money next MLB season or not lose it this football season?
You shouldn't be encouraging this guy to gamble and waste his money thinking he can do it for a living. Most won't and can't. He can spend his money wisely elsewhere.
That's not to discourage him from sportsbetting. Noway. It's great. It's exciting and fun but as a hobby. If at times you make a profit you are lucky. To think you can live off of it is insane and that notion is perpetuated by people on various sites or other places pretending they are living it up cause of gambling just because they had a good run past few months while they ignore that they are down tons overall.
By the way, how do you even answer that question to this thread? How can you guess how much you can realistically clear a week when gambling is so unpredictable? You can make 5 G one week and lose 10 G the next and so on.
can i borrow $5,000? the steelers just fucked me, and the 10k i put on the seahawks has me nervous. pm me and i will give you my details.
by the way, i'm gonna try something. there's an indian casino about 20 minutes away. i will drive there every day, sit down at the blackjack table, and place a single $100 wager. win or lose, i will get up and walk away after that single bet. after 30 days.....
by the way, i'm gonna try something. there's an indian casino about 20 minutes away. i will drive there every day, sit down at the blackjack table, and place a single $100 wager. win or lose, i will get up and walk away after that single bet. after 30 days.....
